Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNYSE:AMT American Tower (AMT) Stock Price, News & Analysis $213.86 +3.94 (+1.88%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$210.06▼$214.1250-Day Range$185.01▼$213.8652-Week Range$154.58▼$219.10Volume1.55 million shsAverage Volume2.32 million shsMarket Capitalization$99.87 billionP/E Ratio48.38Dividend Yield3.03%Price Target$222.92 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get American Tower alerts: Email Address American Tower MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.92 Rating ScoreUpside/Downside4.2% Upside$222.92 Price TargetShort InterestHealthy1.28% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.40Upright™ Environmental ScoreNews Sentiment0.93Based on 9 Articles This WeekInsider TradingSelling Shares$830,511 Sold Last QuarterProj. Earnings Growth2.59%From $10.04 to $10.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.55 out of 5 starsFinance Sector116th out of 898 stocksReal Estate Investment Trusts Industry10th out of 181 stocks 2.5 Analyst's Opinion Consensus RatingAmerican Tower has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAmerican Tower has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about American Tower's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.28% of the outstanding shares of American Tower have been sold short.Short Interest Ratio / Days to CoverAmerican Tower has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in American Tower has recently decreased by 0.83%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldAmerican Tower pays a meaningful dividend of 3.09%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmerican Tower does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of American Tower is 146.61%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, American Tower will have a dividend payout ratio of 62.91% next year. This indicates that American Tower will be able to sustain or increase its dividend.Read more about American Tower's dividend. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmerican Tower has received a 29.42% net impact score from Upright. American Tower seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Backbone network provision", "Telecommunications network installation", and "Telecommunications network maintenance" products. See details.Environmental SustainabilityThe Environmental Impact score for American Tower is -1.40. Previous Next 3.3 News and Social Media Coverage News SentimentAmerican Tower has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for American Tower this week, compared to 10 articles on an average week.Search Interest32 people have searched for AMT on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.MarketBeat Follows18 people have added American Tower to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, American Tower insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $830,511.00 in company stock.Percentage Held by InsidersOnly 0.18% of the stock of American Tower is held by insiders.Percentage Held by Institutions92.69% of the stock of American Tower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about American Tower's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for American Tower are expected to grow by 2.59% in the coming year, from $10.04 to $10.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Tower is 48.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of American Tower is 48.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.81.Price to Earnings Growth RatioAmerican Tower has a PEG Ratio of 1.47. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmerican Tower has a P/B Ratio of 9.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about American Tower's valuation and earnings. 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About American Tower Stock (NYSE:AMT)American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.Read More AMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMT Stock News HeadlinesJuly 25 at 12:51 AM | msn.comAmerican Tower (AMT) Stock Moves -0.06%: What You Should KnowJuly 24 at 3:29 AM | marketwatch.comAmerican Tower REIT stock underperforms Tuesday when compared to competitors despite daily gainsJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 21, 2024 | investorplace.com3 Retirement Stocks to Buy Now: Q3 EditionJuly 19, 2024 | finance.yahoo.comAmerican Tower Corporation Releases 2023 Sustainability Executive ReportJuly 13, 2024 | fool.comWhy I Sold These 7 Stocks: A Stock Portfolio Spring CleaningJuly 13, 2024 | seekingalpha.comAmerican Tower: The REIT Way To Ride The 5G WaveJuly 9, 2024 | seekingalpha.comAmerican Tower: An Undervalued 'Blackstone-Style' REITJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 5, 2024 | investorplace.com3 REITs to Buy for Dividend Yield AND GrowthJuly 4, 2024 | investorplace.comUpgrade or Downgrade? Wall Street Just Changed Its Mind on These 3 Stocks.June 27, 2024 | investorplace.com7 Must-Buy REITs for Stability-Seeking Income InvestorsJune 19, 2024 | investorplace.com7 Can't-Miss Infrastructure Stocks No Matter Who Is PresidentJune 12, 2024 | investorplace.com7 REITs to Snap Up if the Fed Cuts Interest RatesJune 7, 2024 | seekingalpha.comAmerican Tower: Overleveraged, Overgrown, And Overvalued As Data Demand SlowsJune 7, 2024 | seekingalpha.comAmerican Tower: Dual Growth Opportunities In Telecom And Data Center - Reiterate BuyJune 6, 2024 | seekingalpha.comAmerican Tower Isn't Dead As The Tide Is Potentially TurningJune 5, 2024 | seekingalpha.comAmerican Tower Corporation (AMT) Presents at Nareit REIT Week: 2024 Investor Conference Call TranscriptSee More Headlines Receive AMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for American Tower and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/30/2024Ex-Dividend for 7/12 Dividend6/14/2024Dividend Payable7/12/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:AMT CUSIP03027X10 CIK1053507 Webwww.americantower.com Phone(617) 375-7500Fax617-375-7575Employees5,643Year Founded1995Price Target and Rating Average Stock Price Target$222.92 High Stock Price Target$248.00 Low Stock Price Target$196.00 Potential Upside/Downside+4.3%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$4.42 Trailing P/E Ratio48.35 Forward P/E Ratio21.28 P/E Growth1.47Net Income$1.48 billion Net Margins18.42% Pretax Margin19.48% Return on Equity18.45% Return on Assets3.11% Debt Debt-to-Equity Ratio3.39 Current Ratio0.85 Quick Ratio0.85 Sales & Book Value Annual Sales$11.14 billion Price / Sales8.95 Cash Flow$10.11 per share Price / Cash Flow21.14 Book Value$23.30 per share Price / Book9.17Miscellaneous Outstanding Shares466,980,000Free Float466,134,000Market Cap$99.79 billion OptionableOptionable Beta0.81 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Steven O. Vondran J.D. (Age 53)President, CEO & Director Comp: $1.9MMr. Rodney M. Smith (Age 58)Executive VP, CFO & Treasurer Comp: $1.9MMr. Olivier Puech (Age 56)Executive VP & President of Latin America and EMEA Comp: $1.9MMr. Sanjay Goel (Age 57)Executive VP & President of Asia-Pacific Comp: $1.77MMr. Robert J. Meyer Jr. (Age 60)CPA, Senior VP & Chief Accounting Officer Mr. Edward M. Knapp (Age 63)Senior VP & CTO Ms. Ruth T. Dowling (Age 54)Executive VP, Chief Administrative Officer, General Counsel & Secretary Adam SmithSenior Vice President of Investor RelationsMr. Anthony NobleSenior VP & Chief Strategy OfficerMs. Colleen Richards PowellSenior VP & Chief Diversity, Equity and Inclusion OfficerMore ExecutivesKey CompetitorsWelltowerNYSE:WELLPublic StorageNYSE:PSAExtra Space StorageNYSE:EXRWeyerhaeuserNYSE:WYVentasNYSE:VTRView All CompetitorsInsiders & InstitutionsState of Michigan Retirement SystemBought 200 shares on 7/26/2024Ownership: 0.027%Checchi Capital Advisers LLCBought 66 shares on 7/26/2024Ownership: 0.001%MTM Investment Management LLCSold 185 shares on 7/26/2024Ownership: 0.001%Dearborn Partners LLCSold 190 shares on 7/26/2024Ownership: 0.000%Catalyst Financial Partners LLCBought 74 shares on 7/26/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy American Tower Stock? AMT Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in American Tower Co.: American Tower Co. is one of the largest global REITs with a portfolio of over 224,000 communications sites, providing a strong foundation for long-term growth. The company has a highly interconnected footprint of U.S. data center facilities, positioning it well in the growing digital infrastructure market. American Tower Co. has a track record of consistent performance and dividend payments, offering investors a reliable source of income. Recent developments in the company's technology and infrastructure investments have enhanced its competitive position in the industry. With the current stock price of American Tower Co. showing positive momentum, investors may see potential for capital appreciation in the near future. Cons Investors should be bearish about investing in American Tower Co. for these reasons: Allegra Medical Technologies Limited, not American Tower Co., designs, sells, and distributes medical device products in Australia, which may cause confusion or misinformation for potential investors. American Tower Co. operates in a competitive market with other major players, which could lead to pricing pressures and potential challenges in maintaining market share. While the company has a strong portfolio of communication sites, regulatory changes or shifts in technology could impact the demand for its services in the future. Investing in real estate investment trusts (REITs) like American Tower Co. carries inherent risks related to interest rate fluctuations and economic downturns. Despite recent developments, investors should carefully evaluate the overall market conditions and industry trends before making investment decisions in American Tower Co. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these American Tower pros and cons to contact@marketbeat.com. AMT Stock Analysis - Frequently Asked Questions How have AMT shares performed this year? American Tower's stock was trading at $215.88 at the beginning of 2024. Since then, AMT stock has decreased by 0.9% and is now trading at $213.86. View the best growth stocks for 2024 here. How were American Tower's earnings last quarter? American Tower Co. (NYSE:AMT) announced its quarterly earnings data on Tuesday, April, 30th. The real estate investment trust reported $1.96 earnings per share for the quarter, missing the consensus estimate of $2.43 by $0.47. The firm's revenue was up 2.4% on a year-over-year basis. Read the conference call transcript. What is Jim Taiclet Jr.'s approval rating as American Tower's CEO? 258 employees have rated American Tower Chief Executive Officer Jim Taiclet Jr. on Glassdoor.com. Jim Taiclet Jr. has an approval rating of 83% among the company's employees. Does American Tower have any subsidiaries? The following companies are subsidiaries of American Tower: Coresite, InSite Wireless Group, Eaton, Colo Atl, Viom Networks, BR Towers, Global Tower Partners, and more. Who are American Tower's major shareholders? Top institutional investors of American Tower include Bank of New York Mellon Corp (0.65%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.31%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and AustralianSuper Pty Ltd (0.25%). Insiders that own company stock include Edmund Disanto, Rodney M Smith, Joann A Reed, Sanjay Goel, Samme L Thompson, Pamela D A Reeve, Raymond P Dolan, Robert D Hormats, Bruce L Tanner and David E Sharbutt. View institutional ownership trends. How do I buy shares of American Tower? Shares of AMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of American Tower own? Based on aggregate information from My MarketBeat watchlists, some other companies that American Tower investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Mastercard (MA), PayPal (PYPL), Cisco Systems (CSCO) and QUALCOMM (QCOM). This page (NYSE:AMT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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