U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posti...
American Assets Trust is a strong buy for long-term investors, showing robust performance despite economic challenges and a 32% YTD increase. AAT has consistently beaten top- and bottom-line estimates, with significant revenue growth attributed to rent escalators and strategic property locations. The REIT's improved balance sheet, high-quality portfolio in affluent markets, and increased FFO gu...
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.89%) and small caps (-4.62%) were deeper in the red. 72.90% of REIT securities had a negative total return in October.
American Assets Trust, Inc. (NYSE:AAT ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Ernest Rady - Chairman & Chief Executive Officer Adam Wyll - President & Chief Operating Officer Bob Barton - Chief Financial Officer Steve Center - Senior Vice President, Office Properties Conference Call Participants Ravi Vaidya - Mizuho Reny Pire - Green Street Advisors ...
Net income available to common stockholders of $16.7 million and $47.8 million for the three and nine months ended September 30, 2024 , respectively, or $0.28 and $0.79 per diluted share, respectively.
Dividend growth stocks can offer a passive way to grow your cash flow over time that can be used to pay the bills during retirement. We screen for some attractive names to consider, looking at dividend safety, growth and consistency, highlighting 5 that come with some of the highest yields. This month, we have 3 familiar names that make the screening regularly, but we also have 2 new names that...
Real Estate Investment Trusts are ideal for retirees due to their legally mandated high dividend payouts, providing steady and reliable income. Saul Centers and American Assets Trust are two REITs with solid fundamentals and reliable dividends. Saul Centers focuses on shopping centers in the Baltimore/DC area, showing steady financial growth and maintaining a comfortable payout ratio.
SAN DIEGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “company”) will announce its third quarter 2024 earnings in a press release to be issued after the market closes on Tuesday, October 29, 2024.
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