American Assets Trust, Inc. (AAT)

Over the past six months, American Assets Trust (AAT) stock has experienced some fluctuations and notable events. As of January 6, 2026, the share price was $18.58, representing a decline of 25.47% from January 7, 2025. Key events include Q2 2025 earnings with EPS missing forecasts but revenue exceeding expectations, Q3 2025 earnings call transcript with a decrease in same-store cash Net Operating Income (NOI), analyst revisions and market sentiment with Morgan Stanley lowering its price target for AAT, and the upcoming earnings announcement for Fourth Quarter and Year-End 2025 on February 3, 2026.

Demand seasonality for American Assets Trust's products and services varies by property type and location. The company experiences a seasonally slower leasing period for its multifamily properties, while the retail portfolio continues to perform well due to strong consumer spending. The trajectory of outbound travel to Hawaii is upward, reflecting pent-up leisure demand. The office sector has faced headwinds, but AAT has seen encouraging signs of improved tenant engagement at its highest quality properties.

American Assets Trust, Inc. (AAT) is a full-service, vertically integrated, and self-administered real estate investment trust (REIT) based in San Diego, California. AAT is involved in the acquisition, improvement, development, and management of a diversified portfolio of premier properties, including office, retail, multifamily residential units, and mixed-use properties.

American Assets Trust, Inc. focuses its operations on dynamic, high-barrier-to-entry markets across the United States, including Southern California, Northern California, Oregon, Washington, Texas, and Hawaii.

Based on the available information, there are no specific events highlighted in the past year that have significantly damaged American Assets Trust's brand reputation. The company is described as a key player in the diversified REIT sector, known for its focus on premium assets in desirable, high-barrier-to-entry markets. It has a "low risk" rating as of October 1, 2025. The company's business performance has been described as "Good" in recent periods, despite a revenue decline from 2018-2021 and very high long-term debt.

American Assets Trust, Inc. has significant institutional ownership, with 509 institutional owners and shareholders holding a total of 68,344,758 shares. The largest individual shareholder is Ernest S. Rady, who owns 18,360,965 shares, representing 30.02% of the company. Insider sentiment has been neutral.