American Tower Corp. Company Profile (NYSE:AMT)

About American Tower Corp.

American Tower Corp. logoAmerican Tower Corporation is a holding company. The company owns, operates and develops wireless and broadcast communications real estate. Its primary business is leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities. The Company conducts operations through its subsidiaries and joint ventures. Its principal operating subsidiaries are American Towers LLC and SpectraSite Communications, LLC. The Company offers tower-related services domestically, including site acquisition, zoning and permitting services and structural analysis services, which primarily support site leasing business and the addition of new tenants and equipment on its sites. The Company is a real estate investment trust (REIT). It operates in three segments: domestic rental and management, international rental and management and network development services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: AMT
  • CUSIP: 03027X10
Key Metrics:
  • Previous Close: $115.40
  • 50 Day Moving Average: $111.96
  • 200 Day Moving Average: $110.92
  • 52-Week Range: $83.07 - $118.26
  • Trailing P/E Ratio: 71.63
  • Foreward P/E Ratio: 18.35
  • P/E Growth: 1.63
  • Market Cap: $49.10B
  • Outstanding Shares: 425,489,000
  • Beta: 0.62
  • Net Margins: 15.21%
  • Return on Equity: 11.73%
  • Return on Assets: 2.86%
  • Debt-to-Equity Ratio: 2.69%
  • Current Ratio: 1.37%
  • Quick Ratio: 1.37%
Additional Links:
Companies Related to American Tower Corp.:

Analyst Ratings

Consensus Ratings for American Tower Corp. (NYSE:AMT) (?)
Ratings Breakdown: 1 Hold Rating, 17 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $121.33 (5.14% upside)

Analysts' Ratings History for American Tower Corp. (NYSE:AMT)
DateFirmActionRatingPrice TargetDetails
9/12/2016SunTrust Banks Inc.Initiated CoverageBuy$107.00 -> $128.00View Rating Details
9/12/2016Jefferies GroupReiterated RatingBuyView Rating Details
8/17/2016ArgusBoost Price TargetBuy$120.00 -> $130.00View Rating Details
8/10/2016Citigroup Inc.Lower Price TargetBuy$134.00 -> $133.00View Rating Details
7/19/2016BTIG ResearchBoost Price Target$140.00View Rating Details
5/31/2016Deutsche Bank AGReiterated RatingBuy$117.00View Rating Details
5/2/2016Oppenheimer Holdings Inc.Reiterated RatingBuyView Rating Details
5/2/2016Royal Bank Of CanadaBoost Price TargetOutperform$128.00 -> $132.00View Rating Details
4/29/2016Morgan StanleyReiterated RatingBuy$125.00View Rating Details
4/28/2016Bank of America Corp.Reiterated RatingBuy$112.00View Rating Details
4/19/2016Evercore ISIDowngradeBuy -> Hold$105.00 -> $110.00View Rating Details
3/30/2016Moffett NathansonBoost Price Target$110.00 -> $116.00View Rating Details
2/29/2016Stifel NicolausLower Price TargetBuy$120.00 -> $115.00View Rating Details
2/29/2016Pacific CrestBoost Price Target$113.00 -> $123.00View Rating Details
2/29/2016JPMorgan Chase & Co.Lower Price Target$115.00 -> $110.00View Rating Details
2/29/2016Barclays PLCBoost Price TargetOverweight$107.00 -> $109.00View Rating Details
12/22/2015Raymond James Financial Inc.Boost Price TargetStrong-Buy$122.00 -> $123.00View Rating Details
11/9/2015MacquarieBoost Price TargetOutperform$114.00 -> $115.00View Rating Details
11/1/2015Cowen and CompanyReiterated RatingBuyView Rating Details
10/30/2015Canaccord GenuityReiterated RatingBuy$110.00View Rating Details
10/21/2015Wells Fargo & Co.Reiterated RatingBuyView Rating Details
7/10/2015KeyCorpBoost Price TargetOverweight$114.00 -> $116.00View Rating Details
11/3/2014Goldman Sachs Group Inc.DowngradeBuy -> Neutral$106.00View Rating Details
(Data available from 10/28/2014 forward)


Earnings History for American Tower Corp. (NYSE:AMT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q316$1.39$1.42$1.51 billion$1.52 billionViewListenView Earnings Details
7/28/2016Q216$1.36$1.33$1.44 billion$1.44 billionViewListenView Earnings Details
4/29/2016Q116$1.30$1.41$1.29 billion$1.29 billionViewListenView Earnings Details
2/26/2016Q415$1.23$1.27$1.25 billion$1.28 billionViewListenView Earnings Details
10/29/2015Q315$1.24$1.31$1.22 billion$1.24 billionViewListenView Earnings Details
7/29/2015Q215$1.20$1.26$1.18 billion$1.17 billionViewListenView Earnings Details
4/30/2015Q115$0.53$1.25$1.07 billion$1.08 billionViewListenView Earnings Details
2/24/2015Q414$0.51$1.10$1.05 billion$1.05 billionViewListenView Earnings Details
10/30/2014Q314$0.57$1.15$1.03 billion$1.04 billionViewListenView Earnings Details
7/30/2014Q214$0.54$0.58$999.15 million$1.03 billionViewListenView Earnings Details
5/1/2014Q114$0.50$0.51$968.18 million$984.10 millionViewListenView Earnings Details
2/25/2014Q413$0.48$0.25$920.19 million$942.00 millionViewListenView Earnings Details
10/30/2013Q313$0.53$0.45$822.04 million$807.90 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.52$0.92$815.11 million$808.80 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.48$0.90$794.84 million$802.70 millionViewListenView Earnings Details
2/26/2013Q4 2012$0.42$0.72$742.50 million$768.40 millionViewListenView Earnings Details
10/31/2012$0.40$0.58ViewN/AView Earnings Details
8/1/2012$0.40$0.12ViewN/AView Earnings Details
5/3/2012$0.41$0.56ViewN/AView Earnings Details
2/23/2012$0.30$0.51ViewN/AView Earnings Details
11/1/2011$0.25($0.04)ViewN/AView Earnings Details
8/2/2011$0.23$0.29ViewN/AView Earnings Details
5/3/2011$0.23$0.23ViewN/AView Earnings Details
2/23/2011$0.22$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for American Tower Corp. (NYSE:AMT)
Current Year EPS Consensus Estimate: $5.49 EPS
Next Year EPS Consensus Estimate: $6.29 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$1.19$1.32$1.27
Q2 20163$1.30$1.43$1.38
Q3 20164$1.33$1.44$1.39
Q4 20164$1.41$1.45$1.43
Q1 20171$1.40$1.40$1.40
Q2 20171$1.47$1.47$1.47
Q3 20171$1.54$1.54$1.54
Q4 20171$1.60$1.60$1.60
(Data provided by Zacks Investment Research)


Current Dividend Information for American Tower Corp. (NYSE:AMT)
Annual Dividend:$2.20
Dividend Yield:1.91%
Dividend Growth:11.90% (3 Year Average)
Payout Ratio:136.65% (Based on Trailing 12 Months of Earnings)
40.07% (Based on Current Year Consensus EPS Estimate)
34.98% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for American Tower Corp. (NYSE:AMT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for American Tower Corp. (NYSE:AMT)
Insider Ownership Percentage: 0.95%
Institutional Ownership Percentage: 94.15%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/24/2016Samme L ThompsonDirectorSell2,202$116.13$255,718.26View SEC Filing  
10/17/2016James D Taiclet JrChairmanSell40,625$113.45$4,608,906.25View SEC Filing  
9/19/2016James D Taiclet JrChairmanSell40,625$108.80$4,420,000.00View SEC Filing  
9/6/2016Carolyn KatzDirectorSell5,000$116.34$581,700.00View SEC Filing  
8/17/2016Pamela D A ReeveDirectorSell10,000$113.38$1,133,800.00View SEC Filing  
8/8/2016Carolyn KatzDirectorSell10,000$116.25$1,162,500.00View SEC Filing  
7/18/2016James D Taiclet JrCEOSell40,625$116.69$4,740,531.25View SEC Filing  
7/14/2016Edmund DisantoEVPSell21,087$116.71$2,461,063.77View SEC Filing  
7/12/2016Steven C MarshallEVPSell50,000$115.50$5,775,000.00View SEC Filing  
7/11/2016Steven C. MarshallEVPSell100,000$113.33$11,333,000.00View SEC Filing  
6/30/2016Edmund DisantoEVPSell20,000$113.50$2,270,000.00View SEC Filing  
6/10/2016Edmund DisantoEVPSell41,875$108.90$4,560,187.50View SEC Filing  
6/9/2016Robert Joseph Meyer JrSVPSell3,106$108.68$337,560.08View SEC Filing  
6/7/2016Raymond P DolanDirectorSell11,319$108.00$1,222,452.00View SEC Filing  
6/2/2016Raymond P DolanDirectorSell5,000$106.00$530,000.00View SEC Filing  
6/1/2016Carolyn KatzDirectorSell5,000$105.26$526,300.00View SEC Filing  
5/23/2016David E SharbuttDirectorSell10,000$104.35$1,043,500.00View SEC Filing  
5/16/2016Robert Joseph Meyer JrSVPSell15,601$106.50$1,661,506.50View SEC Filing  
5/2/2016Carolyn KatzDirectorSell794$105.00$83,370.00View SEC Filing  
5/2/2016Thomas A BartlettCFOSell92,769$105.04$9,744,455.76View SEC Filing  
4/15/2016Thomas A BartlettCFOSell54,842$105.23$5,771,023.66View SEC Filing  
3/11/2016David E SharbuttDirectorSell12,500$95.78$1,197,250.00View SEC Filing  
2/29/2016Samme L ThompsonDirectorSell10,000$90.43$904,300.00View SEC Filing  
12/15/2015Pamela D. A. ReeveDirectorSell10,000$95.88$958,800.00View SEC Filing  
10/15/2015William H. HessEVPSell10,000$93.87$938,700.00View SEC Filing  
10/12/2015James D. Taiclet, Jr.CEOSell47,000$94.88$4,459,360.00View SEC Filing  
9/16/2015James D. Taiclet, Jr.CEOSell47,000$90.00$4,230,000.00View SEC Filing  
9/16/2015William H. HessEVPSell10,000$90.00$900,000.00View SEC Filing  
8/17/2015James D Taiclet JrCEOSell47,000$100.99$4,746,530.00View SEC Filing  
8/17/2015William H HessEVPSell10,000$101.04$1,010,400.00View SEC Filing  
7/15/2015William H HessEVPSell10,000$95.80$958,000.00View SEC Filing  
6/15/2015William H HessEVPSell10,000$92.32$923,200.00View SEC Filing  
5/28/2015William H HessEVPSell30,000$94.30$2,829,000.00View SEC Filing  
11/25/2014Ronald M DykesDirectorSell12,500$103.85$1,298,125.00View SEC Filing  
11/11/2014Carolyn KatzDirectorSell3,750$99.06$371,475.00View SEC Filing  
10/13/2014Carolyn KatzDirectorSell5,000$93.98$469,900.00View SEC Filing  
10/13/2014James D Taiclet JrCEOSell40,000$93.99$3,759,600.00View SEC Filing  
10/8/2014Thomas A BartlettCFOSell19,431$95.00$1,845,945.00View SEC Filing  
9/15/2014James D Taiclet JrCEOSell40,000$95.28$3,811,200.00View SEC Filing  
9/11/2014Carolyn KatzDirectorSell5,000$97.15$485,750.00View SEC Filing  
9/3/2014Thomas A BartlettCFOSell38,772$97.96$3,798,105.12View SEC Filing  
8/11/2014Carolyn KatzDirectorSell5,000$99.08$495,400.00View SEC Filing  
8/11/2014James D Taiclet JrCEOSell40,000$98.96$3,958,400.00View SEC Filing  
8/7/2014Robert Joseph Meyer JrSVPSell8,000$96.33$770,640.00View SEC Filing  
8/6/2014Ronald M DykesDirectorBuy2,900$95.65$277,385.00View SEC Filing  
8/6/2014Thomas A BartlettCFOSell48,218$95.00$4,580,710.00View SEC Filing  
7/30/2014Thomas A BartlettCFOSell16,666$95.00$1,583,270.00View SEC Filing  
7/14/2014James D Taiclet JrCEOSell40,000$91.82$3,672,800.00View SEC Filing  
7/11/2014Carolyn KatzDirectorSell5,000$91.10$455,500.00View SEC Filing  
7/9/2014William H HessEVPSell80,000$90.45$7,236,000.00View SEC Filing  
4/17/2014Raymond DolanDirectorSell10,000$83.00$830,000.00View SEC Filing  
4/1/2014Edmund DisantoEVPSell50,000$81.24$4,062,000.00View SEC Filing  
3/18/2014Raymond DolanDirectorSell10,000$82.00$820,000.00View SEC Filing  
1/15/2014Edmund DisantoEVPSell25,000$83.23$2,080,750.00View SEC Filing  
1/15/2014Thomas BartlettCFOSell65,240$83.00$5,414,920.00View SEC Filing  
12/2/2013Pamela ReeveDirectorSell10,000$78.28$782,800.00View SEC Filing  
10/30/2013Edmund DisantoEVPSell25,000$80.99$2,024,750.00View SEC Filing  
10/7/2013James Taiclet, Jr.CEOSell100,000$72.73$7,273,000.00View SEC Filing  
9/9/2013James D Taiclet JrCEOSell100,000$73.15$7,315,000.00View SEC Filing  
8/15/2013William HessEVPBuy2,500$68.99$172,475.00View SEC Filing  
8/5/2013James Taiclet, Jr.CEOSell100,000$70.66$7,066,000.00View SEC Filing  
7/8/2013James D Taiclet JrCEOSell100,000$72.13$7,213,000.00View SEC Filing  
5/8/2013Robert Joseph Meyer JrSVPSell2,046$84.02$171,904.92View SEC Filing  
2/1/2013William H HessEVPSell10,000$76.88$768,800.00View SEC Filing  
12/3/2012William H HessEVPSell10,000$74.79$747,900.00View SEC Filing  
11/1/2012William H HessEVPSell10,000$75.05$750,500.00View SEC Filing  
9/5/2012William H HessEVPSell13,212$70.68$933,824.16View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for American Tower Corp. (NYSE:AMT)
DateHeadline logoAmerican Tower Corporation and PGGM Announce Creation of European Joint Venture (NYSE:AMT) - October 27 at 9:03 PM logoAmerican Tower (AMT) Tops Q3 Earnings, Revenue Estimates (NYSE:AMT) - October 27 at 9:03 PM logoAmerican Tower (AMT) Q3 2016 Results - Earnings Call Transcript (NYSE:AMT) - October 27 at 9:03 PM
News IconAmerican Tower Corp. (AMT) Posts Earnings Results, Misses Estimates By $0.02 EPS (NYSE:AMT) - October 27 at 9:03 PM logoAmerican Tower Corp. Earnings Climb 15% In Q3 - - Nasdaq (NYSE:AMT) - October 27 at 3:44 PM logoAmerican Tower Corp. Earnings Climb 15% In Q3 - RTT News (NYSE:AMT) - October 27 at 3:44 PM logoAmerican Tower Dials in Another Quarter of Double-Digit Growth (NYSE:AMT) - October 27 at 1:37 PM logoAmerican Tower in European real estate joint venture with PGGM (NYSE:AMT) - October 27 at 10:09 AM logoWhat Awaits American Tower (AMT) this Earnings Season? - Nasdaq (NYSE:AMT) - October 26 at 12:29 PM logoIn Your 50s? 2 Stocks You Should Consider Buying (NYSE:AMT) - October 26 at 12:29 PM logoThe Big Risk American Tower Corp. Management Needs to Address (NYSE:AMT) - October 26 at 8:36 AM logoWhat Awaits American Tower (AMT) this Earnings Season? (NYSE:AMT) - October 25 at 8:20 AM
News IconLarge Cap REIT – Diversified: American Tower Corporation (NYSE:AMT) (NYSE:AMT) - October 24 at 3:31 PM logoAmerican Tower Corp. : AMT-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 24, 2016 (NYSE:AMT) - October 24 at 3:31 PM
News IconAmerican Tower Corporation (NYSE:AMT) from REIT – Diversified – Todays Top Gains (NYSE:AMT) - October 21 at 3:29 PM
News IconREIT – Diversified: American Tower Corporation (NYSE:AMT) Position of the day (NYSE:AMT) - October 20 at 9:23 PM logoTime To Sell American Tower And Other Low Yielding REITs (NYSE:AMT) - October 20 at 9:23 PM
News IconInvestor Market Move: Pax World Management LLC Lowered Its American Tower Corp. Reit (AMT) Holding by $3.75 ... - Chester News (NYSE:AMT) - October 20 at 3:55 PM
News IconAmerican Tower Corporation's (AMT): Look closely Shares (NYSE:AMT) - October 19 at 4:20 PM logoETF’s with exposure to American Tower Corp. : October 19, 2016 (NYSE:AMT) - October 19 at 4:20 PM
News IconNational Pension Service buys $32167030 stake in American Tower Corp (AMT) (NYSE:AMT) - October 19 at 8:20 AM
News IconTop Gainers of the Day: American Tower Corporation (NYSE:AMT) from REIT – Diversified (NYSE:AMT) - October 19 at 8:20 AM logo5 Dividend Growth REITs With 100% Upside (AMT, ESS, SLF, PLD ... - (NYSE:AMT) - October 18 at 3:29 PM logoAmerican Tower : Stock Yards Bank Trust Co buys $10,195,266 stake in American Tower Corp (NYSE:AMT) - October 18 at 8:16 AM
News IconUpdate on American Tower Corporation (NYSE:AMT) for the day (NYSE:AMT) - October 18 at 8:16 AM logoAmerican Tower Corp. breached its 50 day moving average in a Bullish Manner : AMT-US : October 17, 2016 (NYSE:AMT) - October 17 at 3:28 PM
News IconLeading stocks in today’s market: American Tower Corporation (NYSE:AMT) (NYSE:AMT) - October 17 at 8:18 AM
News Icon2 Stocks Analyst-Opinion Need Close Attention American Tower Corp (NYSE:AMT), Ford Motor Company (NYSE:F) - The Voice Registrar (NYSE:AMT) - October 15 at 8:17 AM
News IconHigh Market Cap Stock of the Day – American Tower Corporation (NYSE:AMT) (NYSE:AMT) - October 13 at 8:51 PM
News IconAmerican Tower Corp. (NYSE:AMT) To Report September 2016 Results - The Voice Registrar (NYSE:AMT) - October 11 at 3:32 PM
News IconPay Close Attention To These Analyst Ratings American Tower Corp (NYSE:AMT), Molson Coors Brewing Co (NYSE ... - The Voice Registrar (NYSE:AMT) - October 11 at 3:32 PM logoBoost Your Income by Adding Real Estate to Your Portfolio (NYSE:AMT) - October 10 at 3:25 PM
News IconIs American Tower Corporation (NYSE:AMT), a large market cap stock a smart buy? (NYSE:AMT) - October 4 at 3:28 PM
News IconMannKind Corporation (NASDAQ:MNKD) & American Tower Corp (NYSE:AMT) News Recap - Money News (NYSE:AMT) - September 30 at 8:43 AM
News IconNotable 13F Report: As American Tower Corp New (AMT) Market Valuation Rose, Brookfield Asset Management INC ... - Chester News (NYSE:AMT) - September 30 at 8:43 AM logoAmerican Tower Plans Third Quarter 2016 Earnings Release and Conference Call (NYSE:AMT) - September 30 at 8:43 AM logoAmerican Tower (AMT) Raised to Strong Buy on 5G Prospects (NYSE:AMT) - September 29 at 3:45 PM logoAmerican Tower (AMT) Raised to Strong Buy on 5G Prospects (NYSE:AMT) - September 29 at 3:45 PM
News IconChart of The Day: What's Propelling American Tower Corp to Increase? The Stock Formed a Bullish Double Top Pattern - Chester News (NYSE:AMT) - September 29 at 8:16 AM logoAmerican Tower Corporation Prices Senior Notes Offering (NYSE:AMT) - September 29 at 8:16 AM logoAmerican Tower prices $1B in senior notes (NYSE:AMT) - September 28 at 7:52 PM logoBRIEF-American Tower Corp prices senior notes offering (NYSE:AMT) - September 28 at 5:30 PM logoEquity Residential (EQR) On Track to Meet Full-Year Guidance (NYSE:AMT) - September 28 at 3:27 PM logoAmerican Tower Corporation (REIT) (AMT) Ex-Dividend Date Scheduled for ... (NYSE:AMT) - September 28 at 8:17 AM logoEx-Dividend Reminder: Monogram Residential Trust, American Tower and VEREIT - Forbes (NYSE:AMT) - September 26 at 3:27 PM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE:AMT), Apple Inc. (NASDAQ:AAPL) - The Voice Registrar (NYSE:AMT) - September 26 at 3:27 PM
News IconFinancial Stocks Assessment! American Tower Corp (AMT), Hartford Financial Services Group Inc (NYSE:HIG) - share market updates (press release) (NYSE:AMT) - September 26 at 8:11 AM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE:AMT), Xerox Corp (NYSE:XRX) - The Voice Registrar (NYSE:AMT) - September 24 at 3:25 PM logoAmerican Tower Corporation: Positioning For Long-Term Growth (NYSE:AMT) - September 21 at 9:22 AM logoInteresting AMT Put And Call Options For November 18th (NYSE:AMT) - September 19 at 12:27 PM


American Tower Corp. (NYSE:AMT) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff