Analysts Predict 20% Upside For FREL
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Should l Buy AAT?
Source: NASDAQ.COM
ETF Analyst Target Prices: The Fidelity MSCI Real Estate Index ETF (FREL) has an implied analyst target price of $31.02, indicating a potential upside of 19.91% from its current trading price of $25.87.
Individual Holdings Performance: Notable underlying holdings such as InvenTrust Properties Corp, American Assets Trust Inc, and Broadstone Net Lease Inc show significant upside potential based on analyst targets, raising questions about the accuracy and optimism of these forecasts.
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Analyst Views on AAT
Wall Street analysts forecast AAT stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 21.130
Low
20.00
Averages
20.00
High
20.00
Current: 21.130
Low
20.00
Averages
20.00
High
20.00
About AAT
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company is engaged in acquiring, improving, developing and managing office, retail, and residential properties throughout the United States in high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. The Company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 2.4 million rentable square feet. In addition, it owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,302 multifamily units. The Company's properties include Alamo Quarry Market, La Jolla Commons, Carmel Country Plaza, and Waikiki Beach Walk Retail, Embassy Suites Hotel, Carmel Mountain Plaza, Corporate Campus East III, Gateway Marketplace, Imperial Beach Gardens, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
American Assets Trust Q1 2026 Earnings Call Insights
- Stable Financial Performance: In Q1 2026, American Assets Trust reported FFO per diluted share of $0.51 and net income of $0.08 per share, indicating a stable performance within expectations despite market uncertainties.
- Credit Facility Expansion: The company successfully increased its unsecured credit facility from $400 million to $500 million and extended the maturity to April 2030, enhancing financial flexibility to support future investments and operations.
- Active Leasing Activity: During the quarter, approximately 237,000 square feet of office leases were executed with cash leasing spreads of 4.8% and straight-line spreads of 10.6%, reflecting ongoing market demand, although the upcoming vacancy from Genentech may impact future leasing targets.
- Rising Dividend Payout Ratio: The first quarter dividend payout ratio was approximately 111%, primarily driven by leasing-related capital expenditures, with expectations that the ratio will moderate as leases commence and convert to cash rent, reflecting confidence in future cash flows.
See More
American Assets Trust Declares Quarterly Dividend
- Quarterly Dividend Announcement: American Assets Trust (AAT) declares a quarterly dividend of $0.34 per share, consistent with previous distributions, demonstrating the company's ongoing ability to maintain stable cash flows and bolster investor confidence.
- Yield Performance: The forward yield stands at 6.38%, indicating that the company can still provide attractive returns in the current market environment, potentially drawing in more investors seeking stable income.
- Shareholder Rights Assurance: The dividend will be payable on June 18, with a record date of June 4 and an ex-dividend date also on June 4, ensuring shareholders receive their earnings promptly and further solidifying trust between the company and its investors.
- Future Growth Target: American Assets Trust targets a 1.5% growth in FFO (Funds From Operations) for 2026 while advancing office leasing momentum, reflecting the company's proactive strategic positioning in the competitive market aimed at enhancing long-term financial performance.
See More
American Assets Trust Reports Decline in Q1 Profit
- Profit Decline: American Assets Trust reported a first-quarter profit of $5.13 million, translating to $0.08 per share, which represents a significant drop from last year's $42.54 million and $0.70 per share, indicating a marked decline in the company's profitability.
- Revenue Growth: Despite the profit drop, the company experienced a 1.8% year-over-year revenue increase, reaching $110.59 million compared to $108.61 million last year, suggesting some resilience in revenue generation amidst challenging conditions.
- Profitability Challenges: The substantial decline in profits may undermine investor confidence, particularly in the current economic climate, where weakened profitability could lead to stock price volatility and a reassessment of the company's long-term value by investors.
- Market Reaction Outlook: Given the drop in profits and earnings per share, the market may adopt a cautious stance towards American Assets Trust's future performance, prompting investors to monitor how the company addresses profitability challenges and its strategies for future growth.
See More
American Assets Trust Q1 Earnings Exceed Expectations
- Earnings Beat: American Assets Trust (AAT) reported Q1 FFO of $0.51, exceeding expectations by $0.01, demonstrating the company's resilience in the current economic environment.
- Revenue Growth: The company achieved Q1 revenue of $110.59 million, reflecting a 1.8% year-over-year increase and surpassing expectations by $0.81 million, indicating stable business growth despite market challenges.
- Guidance Affirmation: AAT reaffirmed its guidance for 2026 FFO per diluted share in the range of $1.96 to $2.10, with a midpoint of $2.03, aligning with market consensus and showcasing management's confidence in future performance.
- Growth Target: The company targets a 1.5% FFO growth in 2026 while advancing office leasing momentum, indicating a strategic intent to pursue sustained growth amid competitive market conditions.
See More
American Assets (AAT) Q3 2025 Earnings Transcript
See More
American Assets Trust to Announce Q1 Earnings on April 28
- Earnings Announcement Date: American Assets Trust (AAT) is set to release its Q1 2023 earnings report on April 28 after market close, with consensus estimates predicting an EPS of $0.11 and revenue of $109.78 million, highlighting investor interest in the company's financial performance.
- Earnings Expectations Analysis: The consensus EPS and revenue estimates indicate AAT's stability in the current economic environment, suggesting that despite challenges, the company is on track to meet expectations, which could influence investor confidence.
- Future Growth Targets: AAT aims for a 1.5% growth in funds from operations (FFO) in 2026, reflecting the company's proactive strategy in advancing office leasing momentum, which is intended to enhance long-term financial health.
- Market Reaction: As the earnings announcement approaches, market attention on AAT is increasing, with investors closely monitoring its financial data to assess the company's performance and future growth potential in the current economic landscape.
See More
American Assets Trust Q1 2026 Earnings Call Insights
- Stable Financial Performance: In Q1 2026, American Assets Trust reported FFO per diluted share of $0.51 and net income of $0.08 per share, indicating a stable performance within expectations despite market uncertainties.
- Credit Facility Expansion: The company successfully increased its unsecured credit facility from $400 million to $500 million and extended the maturity to April 2030, enhancing financial flexibility to support future investments and operations.
- Active Leasing Activity: During the quarter, approximately 237,000 square feet of office leases were executed with cash leasing spreads of 4.8% and straight-line spreads of 10.6%, reflecting ongoing market demand, although the upcoming vacancy from Genentech may impact future leasing targets.
- Rising Dividend Payout Ratio: The first quarter dividend payout ratio was approximately 111%, primarily driven by leasing-related capital expenditures, with expectations that the ratio will moderate as leases commence and convert to cash rent, reflecting confidence in future cash flows.
See More
American Assets Trust Declares Quarterly Dividend
- Quarterly Dividend Announcement: American Assets Trust (AAT) declares a quarterly dividend of $0.34 per share, consistent with previous distributions, demonstrating the company's ongoing ability to maintain stable cash flows and bolster investor confidence.
- Yield Performance: The forward yield stands at 6.38%, indicating that the company can still provide attractive returns in the current market environment, potentially drawing in more investors seeking stable income.
- Shareholder Rights Assurance: The dividend will be payable on June 18, with a record date of June 4 and an ex-dividend date also on June 4, ensuring shareholders receive their earnings promptly and further solidifying trust between the company and its investors.
- Future Growth Target: American Assets Trust targets a 1.5% growth in FFO (Funds From Operations) for 2026 while advancing office leasing momentum, reflecting the company's proactive strategic positioning in the competitive market aimed at enhancing long-term financial performance.
See More
American Assets Trust Reports Decline in Q1 Profit
- Profit Decline: American Assets Trust reported a first-quarter profit of $5.13 million, translating to $0.08 per share, which represents a significant drop from last year's $42.54 million and $0.70 per share, indicating a marked decline in the company's profitability.
- Revenue Growth: Despite the profit drop, the company experienced a 1.8% year-over-year revenue increase, reaching $110.59 million compared to $108.61 million last year, suggesting some resilience in revenue generation amidst challenging conditions.
- Profitability Challenges: The substantial decline in profits may undermine investor confidence, particularly in the current economic climate, where weakened profitability could lead to stock price volatility and a reassessment of the company's long-term value by investors.
- Market Reaction Outlook: Given the drop in profits and earnings per share, the market may adopt a cautious stance towards American Assets Trust's future performance, prompting investors to monitor how the company addresses profitability challenges and its strategies for future growth.
See More
American Assets Trust Q1 Earnings Exceed Expectations
- Earnings Beat: American Assets Trust (AAT) reported Q1 FFO of $0.51, exceeding expectations by $0.01, demonstrating the company's resilience in the current economic environment.
- Revenue Growth: The company achieved Q1 revenue of $110.59 million, reflecting a 1.8% year-over-year increase and surpassing expectations by $0.81 million, indicating stable business growth despite market challenges.
- Guidance Affirmation: AAT reaffirmed its guidance for 2026 FFO per diluted share in the range of $1.96 to $2.10, with a midpoint of $2.03, aligning with market consensus and showcasing management's confidence in future performance.
- Growth Target: The company targets a 1.5% FFO growth in 2026 while advancing office leasing momentum, indicating a strategic intent to pursue sustained growth amid competitive market conditions.
See More
American Assets (AAT) Q3 2025 Earnings Transcript
See More
American Assets Trust to Announce Q1 Earnings on April 28
- Earnings Announcement Date: American Assets Trust (AAT) is set to release its Q1 2023 earnings report on April 28 after market close, with consensus estimates predicting an EPS of $0.11 and revenue of $109.78 million, highlighting investor interest in the company's financial performance.
- Earnings Expectations Analysis: The consensus EPS and revenue estimates indicate AAT's stability in the current economic environment, suggesting that despite challenges, the company is on track to meet expectations, which could influence investor confidence.
- Future Growth Targets: AAT aims for a 1.5% growth in funds from operations (FFO) in 2026, reflecting the company's proactive strategy in advancing office leasing momentum, which is intended to enhance long-term financial health.
- Market Reaction: As the earnings announcement approaches, market attention on AAT is increasing, with investors closely monitoring its financial data to assess the company's performance and future growth potential in the current economic landscape.
See More
