NYSE:AMT - American Tower Stock Price, News, & Analysis

American Tower trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMT."

American Tower declared a quarterly dividend on Friday, March 8th. Stockholders of record on Thursday, April 11th will be given a dividend of $0.90 per share on Friday, April 26th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Wednesday, April 10th. This is a boost from American Tower's previous quarterly dividend of $0.84. View American Tower's Dividend History.

American Tower announced that its board has approved a stock repurchase plan on Friday, December 8th 2017, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

American Tower Corp (NYSE:AMT) issued its quarterly earnings data on Friday, May, 3rd. The real estate investment trust reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.04. The real estate investment trust had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.80 billion. American Tower had a return on equity of 22.61% and a net margin of 17.95%. The company's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.63 EPS. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for American Tower.

American Tower issued an update on its FY 2019 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of $8.18-8.18 for the period.

19 brokers have issued 12 month price objectives for American Tower's stock. Their predictions range from $150.00 to $210.00. On average, they expect American Tower's share price to reach $180.4375 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. View Analyst Price Targets for American Tower.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 11 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for American Tower.

Media stories about AMT stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. American Tower earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the company's share price in the immediate future.

Some companies that are related to American Tower include Simon Property Group (SPG), CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Boston Properties (BXP), Essex Property Trust (ESS) and Weyerhaeuser (WY).

Based on aggregate information from My MarketBeat watchlists, some companies that other American Tower investors own include NVIDIA (NVDA), Boeing (BA), Walt Disney (DIS), Cisco Systems (CSCO), Visa (V), Home Depot (HD), AT&T (T), Alibaba Group (BABA), Netflix (NFLX) and Johnson & Johnson (JNJ).

American Tower's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.88%), Wellington Management Group LLP (6.21%), FMR LLC (5.16%), Akre Capital Management LLC (1.63%), Northern Trust Corp (1.51%) and Dimensional Fund Advisors LP (1.49%). Company insiders that own American Tower stock include Amit Sharma, David E Sharbutt, Edmund Disanto, Gustavo Lara, James D Taiclet Jr, James D Taiclet, Jr, Joann A Reed, Olivier Puech, Pamela D A Reeve, Raymond P Dolan, Robert D Hormats, Robert Joseph Meyer Jr, Robert Joseph Meyer, Jr, Samme L Thompson, Steven C Marshall, Thomas A Bartlett and William H Hess. View Institutional Ownership Trends for American Tower.

AMT stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Resolution Capital Ltd, Renaissance Technologies LLC, Morgan Stanley, Magellan Asset Management Ltd, Commonwealth Bank of Australia, Voya Investment Management LLC and Daiwa Securities Group Inc.. Company insiders that have sold American Tower company stock in the last year include Amit Sharma, David E Sharbutt, Edmund Disanto, Gustavo Lara, James D Taiclet Jr, James D Taiclet, Jr, Joann A Reed, Olivier Puech, Pamela D A Reeve, Raymond P Dolan, Robert D Hormats, Robert Joseph Meyer Jr, Robert Joseph Meyer, Jr, Samme L Thompson, Steven C Marshall, Thomas A Bartlett and William H Hess. View Insider Buying and Selling for American Tower.

AMT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, BlackRock Inc., Geode Capital Management LLC, Waverton Investment Management Ltd, California Public Employees Retirement System, Los Angeles Capital Management & Equity Research Inc. and Janus Henderson Group PLC. View Insider Buying and Selling for American Tower.

Shares of AMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AMT stock can currently be purchased for approximately $202.43.

American Tower has a market capitalization of $89.48 billion and generates $7.44 billion in revenue each year. The real estate investment trust earns $1.24 billion in net income (profit) each year or $7.99 on an earnings per share basis. American Tower employs 5,026 workers across the globe.

The official website for American Tower is http://www.americantower.com.

American Tower's mailing address is 116 HUNTINGTON AVE, BOSTON MA, 02116. The real estate investment trust can be reached via phone at 617-375-7500 or via email at [email protected]