Ernest Rady - American Assets Chairman

AAT Stock  USD 21.29  0.33  1.53%   

Chairman

Mr. Ernest S. Rady is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Rady has over 40 years of experience in real estate management and development, having founded American Assets, Inc. in 1967 and currently serving as its president and chairman of its board of directors. In 1971, he also founded Insurance Company of the West and Westcorp, a financial services holding company. From 1973 until 2006, Mr. Rady served as chairman and chief executive officer of Westcorp. He served as chairman of Western Financial Bank from 1982 until 2006 and chief executive officer of Western Financial from 1994 until 1996 and from 1998 until 2006. He also served as a director of WFS Financial Inc., an automobile finance company, from 1988 until 2006 and as chairman from 1995 until 2006. From 2006 until 2007, Mr. Rady served as chairman of dealer finance business and California banking business for Wachovia Corporationrationration, and also served as a director from 2006 until 2008. Mr. Rady currently serves as chairman of the board of directors of Insurance Company of the West, chairman of the Dean Advisory Council of the Rady School of Management at the University of California, San Diego and trustee of the Salk Institute for Biological Sciences since 2021.
Age 87
Tenure 3 years
Professional MarksPh.D
Address 3420 Carmel Mountain Road, San Diego, CA, United States, 92121-1069
Phone858 350 2600
Webhttps://www.americanassetstrust.com
Rady received his degrees in commerce and law, and an Honorary Degree of Doctor of Laws, from the University of Manitoba. Our Board of Directors determined that Mr. Rady should serve as a director based on his extensive knowledge of American Assets, Inc. and his wealth of experience in the commercial real estate and finance industries.

Ernest Rady Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ernest Rady against American Assets stock is an integral part of due diligence when investing in American Assets. Ernest Rady insider activity provides valuable insight into whether American Assets is net buyers or sellers over its current business cycle. Note, American Assets insiders must abide by specific rules, including filing SEC forms every time they buy or sell American Assets'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

American Assets Management Efficiency

The company has Return on Asset of 0.0255 % which means that on every $100 spent on assets, it made $0.0255 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0553 %, implying that it generated $0.0553 on every 100 dollars invested. American Assets' management efficiency ratios could be used to measure how well American Assets manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.05 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. Total Current Liabilities is likely to drop to about 75.3 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 2.3 B in 2024
The company has 1.71 B in debt with debt to equity (D/E) ratio of 1.38, which is OK given its current industry classification. American Assets Trust has a current ratio of 2.18, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist American Assets until it has trouble settling it off, either with new capital or with free cash flow. So, American Assets' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like American Assets Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American Assets' use of debt, we should always consider it together with cash and equity.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. American Assets operates under REITDiversified classification in the United States and is traded on New York Stock Exchange. It employs 208 people. American Assets Trust (AAT) is traded on New York Stock Exchange in USA. It is located in 3420 Carmel Mountain Road, San Diego, CA, United States, 92121-1069 and employs 228 people. American Assets is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

American Assets Trust Leadership Team

Elected by the shareholders, the American Assets' board of directors comprises two types of representatives: American Assets inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Assets' management team and ensure that shareholders' interests are well served. American Assets' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Assets' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ernest Rady, Executive Chairman of The Board, CEO and President and Founder
Christopher Sullivan, Senior Properties
Larry Finger, Independent Director
Joy Schaefer, Independent Director
Robert Barton, Chief Financial Officer, Executive Vice President
Duane Nelles, Independent Director
Steve Center, Senior Properties
Thomas Olinger, Independent Director
Jerry Gammieri, Vice President - Construction and Development
Robert Sullivan, Independent Director
Adam Wyll, Chief Operating Officer, Executive Vice President, General Counsel, Secretary
Abigail Rex, San Multifamily

American Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is American Assets a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

American Assets Investors Sentiment

The influence of American Assets' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Assets' public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Assets Trust. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Assets' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Assets' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Assets' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Assets.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Assets in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Assets' short interest history, or implied volatility extrapolated from American Assets options trading.

Pair Trading with American Assets

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Assets position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Assets will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

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The ability to find closely correlated positions to American Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Assets when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Assets - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Assets Trust to buy it.
The correlation of American Assets is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Assets Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Assets can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Assets Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Assets Trust Stock. Highlighted below are key reports to facilitate an investment decision about American Assets Trust Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the American Assets Trust information on this page should be used as a complementary analysis to other American Assets' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is American Assets' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Assets. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Assets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.086
Dividend Share
1.32
Earnings Share
0.84
Revenue Per Share
7.26
Quarterly Revenue Growth
0.061
The market value of American Assets Trust is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Assets' value that differs from its market value or its book value, called intrinsic value, which is American Assets' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Assets' market value can be influenced by many factors that don't directly affect American Assets' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Assets' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Assets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Assets' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.