AAT

American Assets TrustB

NYSE / Equity Real Estate Investment Trusts (REITs)

At close

2026-07-22

Current thesis

The primary read-through is stabilization, not acceleration: guidance was reaffirmed, liquidity remained ample, the credit facility was extended, office leasing spreads stayed positive, and multifamily plus hotel occupancy improved sequentially [#8-K-2026-04-28].

Posture

Constructive

Lead driver

Value

What changed

Next scheduled catalyst: earnings 2026-07-28 · AMC.

What can break

Office leased occupancy was 84.5% at March 31, 2026, leaving meaningful vacancy and lease-up execution risk.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $21.00 · Bull $24.00 · Bear $17.00

Earnings

2026-07-28 · AMC

Data freshness

Prices

As of 2026-07-22

Fundamentals

As of 2026-07-22 • Vendor: Data Vendor v1

Scores

As of 2026-07-22 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-29 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-22

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $23.50

Why

Momentum74 · Δ7d -1.4

Value65 · Δ7d -

Sentiment33 · Δ7d -0.7

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendSoftening

Δ7d

-1.4

Δ21d

-2.4

Value

39% active weight

Current posture

7d trendImproving

Δ7d

Δ21d

Sentiment

34% active weight

Current posture

7d trendFlat

Δ7d

-0.7

Δ21d

-3.9

Why this grade

Composite grade B. Momentum 73.9 / Value 65.0 / Sentiment 33.3

Fundamentals (TTM)

As of 2026-07-22

Market Cap

$1.49B

Beta

1.00

Shares Out

61.39M

P/E (TTM)

18.2

P/S (TTM)

2.58

P/FCF (TTM)

33.77

Rev YoY

-27.8%

EPS YoY

-88.0%

Gross Margin

+31.3%

Op Margin

+34.8%

Net Debt

$1.59B

Current Ratio

3.04

As of 2026-07-22 • Updated nightlySource: Internal modelMethodology