American Assets Trust (AAT)
NYSEReal EstateReit - DiversifiedSnapshot 2026-09-04
$22.04-0.54%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - DiversifiedSnapshot 2026-09-04
QuarterlyIQ Insights · AAT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 2.7% |
| Our one-year growth estimate | diamond | 1.9% |
Growth built into the price is above our model estimate.
The price assumes 0.8 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 14 industry peers
AAT — earnings in line
Dated 2026-07-28
Results of Operations and Financial Condition. On July 28, 2026, American Assets Trust, Inc. (the “Company”) issued a press release regarding its financial results for the quarter ending June 30, 2026. Also on July 28, 2026, the Company made available on the “Investors” page of its website at www.americanassetstrust.com certain supplemental information concerning the Company’s financial results and operations for the quarter ending June 30, 2026. Copies of the press release and supplemental i…
Why it matters: A decline shows weaker property performance. This could hurt future revenue.
Worry ifSame-store cash NOI reported down year over year.
Less concerning ifSame-store cash NOI reported stable or increasing year over year.
Why it matters: More declines may show bigger problems in the office market. This can lower rental income.
Worry ifOffice occupancy rates drop below 84% in Q2.
Less concerning ifOffice occupancy rates need to stay above 84% or improve in Q2.
Why it matters: A steady dividend shows the company is stable. It also values its shareholders.
Supportive ifThe company declares a dividend of $0.34 per share for Q3 2026.
Worry ifThe company will not pay a dividend or will cut it for Q3 2026.
Why it matters: Growth in rental income shows strong demand for properties. A decline could indicate market issues.
Supportive ifQ3 2026 rental income is above $110 million.
Worry ifQ3 2026 rental income is below $110 million.
Why it matters: Low use shows strong cash flow. High use may mean financial trouble.
Supportive ifCredit facility use stays below 20% in Q3 2026.
Worry ifCredit facility use goes over 50% in Q3 2026.
Why it matters: Staying within the guidance range shows the company is managing its operations well. It reassures investors about future cash flows.
Supportive ifQ3 2026 FFO per diluted share reported at or above $1.96.
Worry ifQ3 2026 FFO per diluted share reported below $1.96.
Why it matters: Growth in same-store cash NOI shows management's ability to maintain stable income. This is key for investor confidence.
Supportive ifSame-store cash NOI increases year over year by more than 0.3%.
Worry ifSame-store cash NOI declines year over year or remains flat.
Why it matters: Rental rates are going up. This shows strong demand and good leasing plans. It helps revenue grow.
Supportive ifRental rates go up by more than 10% in Q3 leasing.
Worry ifRental rates go up by less than 5% in Q3 leasing.
Why it matters: Occupancy rates impact rental income. A decline could signal weakening demand in the real estate market.
Worry ifTotal occupancy rates drop below 84% in Q3.
Less concerning ifTotal occupancy rates stay above 84% in Q3.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$84 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $252 loss on $10,000 · 2.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,474 loss on $10,000 · 14.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.