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: $112.28
  • 50 Day Moving Average: $113.40
  • 200 Day Moving Average: $108.93
  • 52-Week Range: $425,489,000.00 - $83.07
  • Trailing P/E Ratio: 70.14
  • Foreward P/E Ratio: 17.38
  • P/E Growth: 1.57
  • Market Cap: $48.08B
  • Outstanding Shares: 425,489,000
  • Beta: 0.57
  • 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, 18 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $121.33 (7.38% 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 9/26/2014 forward)


Earnings History for American Tower Corp. (NYSE:AMT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $5.70 EPS
Next Year EPS Consensus Estimate: $6.50 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:$2.12
Dividend Yield:1.88%
Dividend Growth:11.90% (3 Year Average)
Payout Ratio:131.68% (Based on Trailing 12 Months of Earnings)
37.19% (Based on Current Year Consensus EPS Estimate)
32.62% (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: 94.23%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)
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 logoAMERICAN TOWER CORP /MA/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:AMT) - September 17 at 8:17 AM logoAmerican Tower Corporation Declares Quarterly Distribution (NYSE:AMT) - September 17 at 8:17 AM logoAmerican Tower declares $0.55 dividend (NYSE:AMT) - September 16 at 5:08 PM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE ... - The Voice Registrar (NYSE:AMT) - September 15 at 8:38 PM
News IconAnalysts Valuations For Two Stocks: Red Hat Inc (NYSE:RHT), American Tower Corp (NYSE:AMT) - The Voice Registrar (NYSE:AMT) - September 13 at 3:29 PM
News IconAmerican Tower Corp (NYSE: AMT) Buy Rating Reiterated at Jefferies Group - BNB Daily (blog) (NYSE:AMT) - September 13 at 3:29 PM logoAmerican Tower to Deliver Keynote at the Goldman Sachs 25th Annual Communacopia Conference (NYSE:AMT) - September 13 at 8:19 AM
News IconFinancial Stocks Updates= Chimera Investment Corporation (NYSE:CIM), American Tower Corp (NYSE:AMT) - share market updates (press release) (NYSE:AMT) - September 12 at 8:17 AM
News IconThursday Trading Session Review: American Tower Corporation (NYSE:AMT) (NYSE:AMT) - September 9 at 3:27 PM
News IconDirector of American Tower Corporation (NYSE:AMT), Thompson Samme L, sells 1,430 shares worth $165,880 (NYSE:AMT) - September 9 at 3:27 PM
News IconAnalysts Valuations For Two Stocks: Adobe Systems (ADBE), American Tower (NYSE:AMT) - The Voice Registrar (NYSE:AMT) - September 9 at 8:17 AM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE:AMT), Red Hat Inc (NYSE:RHT) - The Voice Registrar (NYSE:AMT) - September 6 at 8:35 PM logoAmerican Tower Corp. breached its 50 day moving average in a Bullish Manner : AMT-US : September 5, 2016 (NYSE:AMT) - September 5 at 8:20 AM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE:AMT), Merck & Co., Inc. (NYSE:MRK) - The Voice Registrar (NYSE:AMT) - September 1 at 3:28 PM logoAmerican Tower - Growing Domestically And Internationally For Years To Come Is Just The Beginning (NYSE:AMT) - August 31 at 8:15 AM
News IconAnalysts Valuations For Two Stocks: General Growth Properties Inc (NYSE:GGP), American Tower Corp (NYSE:AMT) - The Voice Registrar (NYSE:AMT) - August 29 at 4:06 PM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE:AMT), Hormel Foods Corp (NYSE:HRL) - The Voice Registrar (NYSE:AMT) - August 25 at 8:18 AM
News IconAmerican Tower Corporation (NYSE:AMT) from REIT – Diversified – Todays Top Gains (NYSE:AMT) - August 24 at 3:30 PM logoJim Cramer's Top Takeaways: American Tower, At Home (NYSE:AMT) - August 23 at 8:15 AM logoJim Cramer's 'Mad Money' Recap: I'm Watching Best Buy, PVH, Yellen This Week (NYSE:AMT) - August 22 at 8:37 PM logoAmerican Tower Corp. breached its 50 day moving average in a Bearish Manner : AMT-US : August 22, 2016 (NYSE:AMT) - August 22 at 3:31 PM
News IconInsider Trading Roundup: American Tower Corp (NYSE:AMT) - The Voice Registrar (NYSE:AMT) - August 22 at 8:17 AM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE:AMT), Annaly Capital Management, Inc. (NYSE:NLY) - The Voice Registrar (NYSE:AMT) - August 20 at 8:28 AM
News IconREIT – Diversified: American Tower Corporation (NYSE:AMT) Position of the day (NYSE:AMT) - August 19 at 4:06 PM
News IconAnalysts Valuations For Two Stocks: The Western Union Company (NYSE:WU), American Tower Corp (NYSE:AMT) - The Voice Registrar (NYSE:AMT) - August 18 at 3:36 PM
News IconAnalysts Valuations For Two Stocks: American Tower Corp (NYSE:AMT), Lam Research Corporation (NASDAQ:LRCX) - The Voice Registrar (NYSE:AMT) - August 18 at 3:36 PM
News IconAnalyst's Recommendations and Insider Trading Buzz: American Tower Corp (NYSE:AMT) - Post Registrar (NYSE:AMT) - August 18 at 3:36 PM
News IconLarge Cap REIT – Diversified: American Tower Corporation (NYSE:AMT) (NYSE:AMT) - August 17 at 3:32 PM logoArgus Says American Tower Stands Above Its Peers In The Wireless Tower Space (NYSE:AMT) - August 17 at 3:31 PM
News IconTop Gainers of the Day: American Tower Corporation (NYSE:AMT) from REIT – Diversified (NYSE:AMT) - August 16 at 8:48 PM logoSee Which Of The Latest 13F Filers Holds American Tower (NYSE:AMT) - August 16 at 3:33 PM logoUptrend Call Working As American Tower Stock Rises 30.2% (AMT) (NYSE:AMT) - August 16 at 12:07 PM logoETF’s with exposure to American Tower Corp. : August 16, 2016 (NYSE:AMT) - August 16 at 12:06 PM logoGeneral Motors Now #91 Largest Company, Surpassing American Tower (NYSE:AMT) - August 15 at 9:00 PM
News IconIs American Tower Corporation (NYSE:AMT), a large market cap stock a smart buy? (NYSE:AMT) - August 11 at 12:43 PM logoThese Are Analyst Ratings Worth Watching: American Tower Corp (NYSE:AMT), General Growth Properties Inc (NYSE ... - Review Fortune (NYSE:AMT) - August 8 at 3:32 PM logoJefferies Maintains American Tower Corp to Buy with Price Target $136.00 - Trade Calls (NYSE:AMT) - August 8 at 8:17 AM
News IconLeading stocks in today’s market: American Tower Corporation (NYSE:AMT) (NYSE:AMT) - August 5 at 3:31 PM logoBadgley Phelps Bell Inc buys $11239929 stake in American Tower Corp (AMT) - Trade Calls (NYSE:AMT) - August 5 at 11:54 AM
News IconUpdate on American Tower Corporation (NYSE:AMT) for the day (NYSE:AMT) - August 4 at 9:14 PM
News IconTechnical Evaluation For American Tower Corp (NYSE:AMT) - The Voice Registrar (NYSE:AMT) - August 4 at 3:33 PM logoETF’s with exposure to American Tower Corp. : August 4, 2016 (NYSE:AMT) - August 4 at 3:33 PM logoAMERICAN TOWER CORP /MA/ Financials (NYSE:AMT) - August 3 at 3:32 PM logoSolaris Asset Management Lowers stake in American Tower Corp ... - Trade Calls (NYSE:AMT) - August 3 at 12:01 PM logoAmerican Tower to Speak at the Oppenheimer 19th Annual Technology, Internet & Communications Conference (NYSE:AMT) - August 2 at 9:06 PM logoAmerican Tower Corp. :AMT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 2, 2016 (NYSE:AMT) - August 2 at 3:29 PM


American Tower Corp. (NYSE:AMT) Chart for Monday, September, 26, 2016

Last Updated on 9/26/2016 by Staff