American Assets Trust: Depressed Despite Stable Earnings

Nov. 13, 2022 12:54 AM ETAmerican Assets Trust, Inc. (AAT)1 Comment

Summary

  • American Assets Trust is much more profitable with a well-maintained debt structure.
  • Management has increased 2022 FFO per diluted share guidance to a range of $2.30 to $2.34.
  • I believe as a result of the current inflationary situation, the stock has fallen to substantially undervalued levels, and from this price, the stock offers significant upside potential.

Real estate agent showing a mature couple a new house.

courtneyk

American Assets Trust (NYSE:AAT) is a full-service, vertically integrated, and self-administered real estate investment trust that operates high-quality office, retail, multifamily and mixed-use properties in attractive, high-barrier-to-entry markets.

The company's portfolio comprises twelve retail shopping centers, eleven office properties, a

Overview

Overview (Investor Presentation)

Debt maturity

Debt maturity (Investor Presentation)

FFO

FFO (author)

Dividend history

Dividend history (author)

quarterly results

quarterly results (quarterly report)

This article was written by

Currently, I am working on ben Graham's idea of value investing, and I want my readers to benefit from my ideas. I will work harder to find bargain opportunities for my readers.I will not give a buy rating unless the decision seems rational, fairly undervalued, and provides above-average returns. Also, I will always seek a significant margin of safety and make sure that the risk of long-term capital loss remains low. As Buffett says "you are not going to be right because many people agree with you, you are going to be right only when your thesis is based on facts and rational understanding."*Closely associated with Dhanashree Shinde.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (1)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.