Ernest Rady - American Assets Chairman

AAT Stock

USD 27.84 0.17 0.61%

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 Marks	Ph.D
Address	3420 Carmel Mountain Road, San Diego, CA, United States, 92121-1069
Phone	858 350 2600
Web	https://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.

		Ernest Rady over three weeks ago Acquisition by Ernest Rady of 7238 shares of American Assets at 35.98 subject to Rule 16b-3
		Ernest Rady over a month ago Acquisition by Ernest Rady of 4800 shares of American Assets at 36.82 subject to Rule 16b-3
		Ernest Rady over three months ago Acquisition by Ernest Rady of 10000 shares of American Assets at 36.75 subject to Rule 16b-3
		Ernest Rady over three months ago Acquisition by Ernest Rady of 10000 shares of American Assets at 29.55 subject to Rule 16b-3

American Assets Management Efficiency

The company has Return on Asset of 0.0251 % which means that on every $100 spent on assets, it made $0.0251 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0648 %, implying that it generated $0.0648 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

Compare American Assets to Peers

Predict price of American Assets

American Assets Trust 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. Note however, debt could still be an excellent tool for American to invest in growth at high rates of return.

Similar Executives

Found 12 records			CHAIRMAN Age
	Jay Sugarman	Safehold	61
	Howard Serkin	CTO Realty Growth	74
	Daniel Hoffler	Armada Hflr Pr	76
	Paul Bossidy	Essential Properties Realty	60
	Terry Brubaker	Gladstone Commercial Corp	79
	CPA CFA	NexPoint Strategic Opportunitie	61
	Laura Franklin	CTO Realty Growth	59
	Fredric Gould	One Liberty Properties	84
	David Gladstone	Gladstone Commercial Corp	81
	Laurie Hawkes	Broadstone Net Lease	65
	Matthew Gould	One Liberty Properties	60
	Louis Haddad	Armada Hflr Pr	66

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

	Return On Equity	0.0648
	Return On Asset	0.0251

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
	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.

	Return On Equity	0.0648
	Return On Asset	0.0251
	Profit Margin	0.13 %
	Operating Margin	0.31 %
	Current Valuation	3.28 B
	Shares Outstanding	60.9 M
	Shares Owned By Insiders	1.49 %
	Shares Owned By Institutions	93.45 %
	Number Of Shares Shorted	810.7 K
	Price To Earning	100.93 X

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for American Stock Analysis

When running American Assets' price analysis, check to measure American Assets' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Assets is operating at the current time. Most of American Assets' value examination focuses on studying past and present price action to predict the probability of American Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Assets' price. Additionally, you may evaluate how the addition of American Assets to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC