Oct 27, 4:16 PM ET
American Assets Trust reported third-quarter 2026 results on October 27, 2026, with FFO of $0.56 per diluted share, up from $0.49 a year earlier, and net income to common stockholders of $0.13 per share, up from $0.07. The company raised its 2026 FFO per diluted share guidance to a range of $2.04 to $2.10, a $0.04 increase at the midpoint. Nine-month net income fell to $18.0 million from $52.5 million, mainly because of a 2025 gain on a property sale.
- Q3 2026 FFO was $0.56 per diluted share, compared with $0.49 in Q3 2025.
- Q3 2026 total revenue was $114.3 million, compared with $109.6 million in Q3 2025.
- 2026 FFO per diluted share guidance rose to $2.04 to $2.10 from $1.96 to $2.10, with a midpoint of $2.07.
- Nine-month net income attributable to common stockholders was $18.0 million, compared with $52.5 million, mainly due to the 2025 gain on the Del Monte Center sale.
Read the filing on SEC.gov ↗
Jul 28, 4:17 PM ET
American Assets Trust reported second quarter 2026 results with total revenue up slightly from a year earlier, while FFO and net income were roughly flat to slightly lower. The company affirmed its full-year 2026 FFO guidance, which matters to shareholders as the main forward-looking measure in the release.
- Q2 2026 total revenue was $109.5 million, compared with $107.9 million in Q2 2025; net income attributable to common stockholders was $5.2 million, or $0.09 per diluted share, versus $5.5 million, or $0.09, a year earlier.
- FFO was $0.51 per diluted share in Q2 2026, compared with $0.52 in Q2 2025; six-month FFO was $1.02 per share versus $1.04.
- Full-year 2026 FFO guidance was affirmed at $1.96 to $2.10 per diluted share, with a midpoint of $2.03.
- Same-store cash NOI rose 0.3% in Q2 2026; the company cited a one-time reserve for receivables from an office tenant at Coastal Collection at Torrey Reserve.
Read the filing on SEC.gov ↗
May 11, 8:26 AM ET
American Assets Trust entered into a Voting Support Agreement with the Rady Trust and related parties on May 11, 2026. The board raised the Rady Trust Group's excepted ownership limit from 19.9% to 21.9% and cut the general ownership limits to 6.775%, with the Rady Trust Group required to restrict voting on shares above 19.9%.
- Excepted holder limit for the Rady Trust Group raised from 19.9% to 21.9% of outstanding common stock
- Aggregate and common stock ownership limits decreased to 6.775%, via a Maryland Certificate of Notice
- Shares above 19.9% are subject to voting restrictions, including following board recommendations in contested meetings
- The board stated the change aligns Ernest Rady's economic interests with those of all shareholders
Read the filing on SEC.gov ↗
Apr 28, 4:15 PM ET
American Assets Trust reported first-quarter 2026 results showing net income attributable to common stockholders of $5.1 million, or $0.08 per diluted share, down from $0.70 a year earlier, which included a $44.5 million gain on the sale of Del Monte Center. FFO was $0.51 per diluted share, versus $0.52, and the company affirmed its full-year 2026 FFO guidance of $1.96 to $2.10 per share.
- Q1 2026 total revenue was $110.6 million, up from $108.6 million; same-store cash NOI was flat at $66.4 million.
- Net income attributable to common stockholders decreased $47.4 million year over year, mainly due to the 2025 Del Monte Center gain and higher interest expense.
- On April 1, 2026, the credit facility was amended to a $600 million total capacity ($500 million revolver and $100 million term loan), with maturity extended to April 1, 2030.
- The company declared a $0.340 per share dividend for Q2 2026, payable June 18, 2026 to holders of record as of June 4, 2026.
Read the filing on SEC.gov ↗
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