NYSE:AMT American Tower Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding American Tower Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $242.39 +1.42 (+0.59 %) (As of 09/22/2020 03:21 PM ET) Add Compare Share Today's Range$240.24Now: $242.39▼$244.8550-Day Range$245.44MA: $251.35▼$263.7552-Week Range$174.32Now: $242.39▼$272.20Volume70,924 shsAverage Volume2.07 million shsMarket Capitalization$107.52 billionP/E Ratio56.24Dividend Yield1.79%Beta0.38 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 approximately 171,000 communications sites.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingAmerican Tower has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $272.67, American Tower has a forecasted upside of 12.1% from its current price of $243.14.Amount of Analyst CoverageAmerican Tower has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.2 Community Rank Outperform VotesAmerican Tower has received 894 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAmerican Tower has received 517 “underperform” votes. (Add your “underperform” vote.)Community SentimentAmerican Tower has received 63.36% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about American Tower and other stocks. Vote “Outperform” if you believe AMT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AMT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend YieldAmerican Tower pays a meaningful dividend of 1.79%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmerican Tower has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of American Tower is 56.92%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, American Tower will have a dividend payout ratio of 49.44% next year. This indicates that American Tower will be able to sustain or increase its dividend. Previous Next 1.0 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 $7,292,934.00 in company stock.Percentage Held by InsidersOnly 0.65% of the stock of American Tower is held by insiders.Percentage Held by Institutions90.60% of the stock of American Tower is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for American Tower are expected to grow by 11.25% in the coming year, from $8.00 to $8.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Tower is 56.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.43.Price to Earnings Ratio vs. SectorThe P/E ratio of American Tower is 56.41, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.01.Price to Earnings Growth RatioAmerican Tower has a PEG Ratio of 2.13. 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 19.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 3.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.31 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:AMT Previous Symbol CUSIP03027X10 CIK1053507 Webwww.americantower.com Phone617-375-7500Debt Debt-to-Equity Ratio5.38 Current Ratio0.68 Quick Ratio0.68Price-To-Earnings Trailing P/E Ratio56.24 Forward P/E Ratio30.30 P/E Growth2.13 Sales & Book Value Annual Sales$7.58 billion Price / Sales14.18 Cash Flow$8.23 per share Price / Cash Flow29.45 Book Value$12.40 per share Price / Book19.55Profitability EPS (Most Recent Fiscal Year)$7.73 Net Income$1.89 billion Net Margins24.70% Return on Equity39.62% Return on Assets4.68%Miscellaneous Employees5,454 Outstanding Shares443,568,000Market Cap$107.52 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $242.39 +1.42 (+0.59 %) (As of 09/22/2020 03:21 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive AMT News and Ratings via Email Sign-up to receive the latest news and ratings for AMT and its competitors with MarketBeat's FREE daily newsletter. American Tower (NYSE:AMT) Frequently Asked Questions How has American Tower's stock been impacted by COVID-19? American Tower's stock was trading at $232.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AMT shares have increased by 4.2% and is now trading at $242.59. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of American Tower? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for American Tower. When is American Tower's next earnings date? American Tower is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for American Tower. How were American Tower's earnings last quarter? American Tower Corp (NYSE:AMT) released its earnings results on Thursday, July, 30th. The real estate investment trust reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by $0.99. The real estate investment trust earned $1.91 billion during the quarter, compared to the consensus estimate of $1.95 billion. American Tower had a return on equity of 39.62% and a net margin of 24.70%. The company's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.01 EPS. View American Tower's earnings history. How often does American Tower pay dividends? What is the dividend yield for American Tower? American Tower announced a quarterly dividend on Thursday, September 10th. Shareholders of record on Monday, September 28th will be paid a dividend of $1.14 per share on Friday, October 16th. This represents a $4.56 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Friday, September 25th. This is a positive change from American Tower's previous quarterly dividend of $1.10. View American Tower's dividend history. What price target have analysts set for AMT? 14 brokers have issued 1 year target prices for American Tower's shares. Their forecasts range from $211.00 to $300.00. On average, they anticipate American Tower's stock price to reach $272.67 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View analysts' price targets for American Tower. Are investors shorting American Tower? American Tower saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,050,000 shares, an increase of 19.1% from the August 15th total of 2,560,000 shares. Based on an average daily volume of 1,630,000 shares, the days-to-cover ratio is currently 1.9 days. View American Tower's Short Interest. Who are some of American Tower's key competitors? Some companies that are related to American Tower include Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all competitors. What other stocks do shareholders of American Tower own? Based on aggregate information from My MarketBeat watchlists, some companies that other American Tower investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Cisco Systems (CSCO), Mastercard (MA), Paypal (PYPL), QUALCOMM (QCOM), Visa (V), Intel (INTC) and salesforce.com (CRM). Who are American Tower's key executives? American Tower's management team includes the following people: Mr. James D. Taiclet Jr., Chairman, Pres & CEO (Age 58)Mr. Thomas A. Bartlett CPA, Exec. VP & CFO (Age 60)Mr. Edmund DiSanto, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 66)Mr. Amit Sharma, Exec. VP & Pres of Asia (Age 69)Mr. Igor Khislavsky, Sr. Director of Investor Relations What is American Tower's stock symbol? American Tower trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMT." Who are American Tower's major shareholders? American Tower's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.94%), BlackRock Inc. (7.41%), FMR LLC (3.37%), Akre Capital Management LLC (1.59%), Bank of New York Mellon Corp (0.89%) and Charles Schwab Investment Management Inc. (0.86%). Company insiders that own American Tower stock include Amit Sharma, Craig Macnab, 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, Steven O Vondran, Thomas A Bartlett and William H Hess. View institutional ownership trends for American Tower. Which institutional investors are selling American Tower stock? AMT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., CIBC Private Wealth Group LLC, Toronto Dominion Bank, First Trust Advisors LP, Jennison Associates LLC, APG Asset Management N.V., and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold American Tower company stock in the last year include Amit Sharma, David E Sharbutt, Edmund Disanto, Olivier Puech, Robert D Hormats, Robert Joseph Meyer Jr, Robert Joseph Meyer, Jr, Samme L Thompson, and Steven O Vondran. View insider buying and selling activity for American Tower. Which institutional investors are buying American Tower stock? AMT stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, BlackRock Inc., Charles Schwab Investment Management Inc., Brookfield Asset Management Inc., Johnson Investment Counsel Inc., Prudential PLC, Epoch Investment Partners Inc., and Healthcare of Ontario Pension Plan Trust Fund. View insider buying and selling activity for American Tower. How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab. What is American Tower's stock price today? One share of AMT stock can currently be purchased for approximately $242.59. How big of a company is American Tower? American Tower has a market capitalization of $107.61 billion and generates $7.58 billion in revenue each year. The real estate investment trust earns $1.89 billion in net income (profit) each year or $7.73 on an earnings per share basis. American Tower employs 5,454 workers across the globe. What is American Tower's official website? The official website for American Tower is www.americantower.com. How can I contact American Tower? 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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