AATAmerican Assets Trust, Inc.
American Assets Trust, Inc. (AAT) is a real estate investment trust (REIT) that owns and operates industrial and office properties, primarily in the U.S. The next catalyst is Dec 8, 2026 — Year-End Portfolio Occupancy & Capital Allocation Update, which will test the company’s ability to manage its portfolio through the end of the year and allocate capital efficiently.
- AAT reported $40.39M in revenue for the quarter ended March 31, 2026, with a net margin of 64.4% (TTM).
- The company’s debt-to-equity ratio stands at 1.48x, reflecting a moderate leverage position.
- AAT’s shares trade at a net margin of 64.4%, but revenue declined 7.2% YoY, signaling pressure on top-line growth.
The Read
6% decline following mixed Q2 earnings despite internal FFO expectations.
The schedule
- Tue8Dec
- Fri29Jan
- Fri30Apr
- Fri30Jul
- Fri29Oct
Past
- Wed16Sep
Actual outcome: Bear · $22.02 at outcome
The stock closed below the bear floor of $22.40, indicating a bearish outcome. The FOMC Meeting & Refinancing Rate Outlook likely signaled continued monetary tightening or economic uncertainty, which pressured the stock despite a slight rise in price.
Federal Reserve interest rate policy decision and macroeconomic outlook.
- Fri31Jul
Actual outcome: Bear · $23.07 at outcome
American Assets Trust reported Q2 2026 FFO of $0.51 per share and EPS of $0.08, both perfectly in line with consensus estimates but representing a year-over-year decline in FFO. Despite management noting that FFO exceeded internal expectations due to new office lease income, the lack of a top- or bottom-line beat failed to inspire investor confidence, causing the stock to drift lower and break below the bear floor.
Quarterly earnings report covering Q2 2026 metrics.
- Fri20Mar
Actual outcome: Mixed · $18.18 at outcome
The FOMC signaled a more accommodative interest rate policy outlook for the first half of 2026, providing a highly favorable macroeconomic backdrop for REITs. While the initial price reaction was muted, the prospect of lower borrowing costs and stabilized property valuations ultimately drove the stock significantly higher, easily surpassing the bull target in the ensuing weeks.
- Tue3Feb
Actual outcome: Bull · $19.04 at outcome
American Assets Trust reported Q4 2025 EPS that exactly met analyst estimates. The stock rallied 5.3% over the following week, indicating that investors were satisfied with the in-line results and the accompanying 2026 guidance.
