NYSE:AMT - American Tower Stock Price, Price Target & More

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

American Tower declared a quarterly dividend on Thursday, May 24th. Shareholders of record on Tuesday, June 19th will be paid a dividend of $0.77 per share on Friday, July 13th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Monday, June 18th. This is a positive change from American Tower's previous quarterly dividend of $0.75. View American Tower's Dividend History.

American Tower declared that its board has approved a stock buyback program on Friday, December 8th 2017, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

American Tower Corp (NYSE:AMT) posted its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.63 EPS for the quarter, missing analysts' consensus estimates of $1.68 by $1.05. The real estate investment trust had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.73 billion. American Tower had a return on equity of 17.03% and a net margin of 17.51%. The business's revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.68 earnings per share. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for American Tower.

13 Wall Street analysts have issued 12 month target prices for American Tower's shares. Their forecasts range from $150.00 to $171.00. On average, they anticipate American Tower's stock price to reach $160.1667 in the next twelve months. View Analyst Ratings for American Tower.

Some companies that are related to American Tower include Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Prologis (PLD), Equinix (EQIX), Weyerhaeuser (WY), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL Rlty Tr/SH SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), Welltower (WELL), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).

Media headlines about AMT stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. American Tower earned a news sentiment score of 0.22 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 45.91 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

American Tower's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.11%), Massachusetts Financial Services Co. MA (1.60%), Edgewood Management LLC (1.51%), Northern Trust Corp (1.47%), Dimensional Fund Advisors LP (1.21%) and Principal Financial Group Inc. (0.81%). Company insiders that own American Tower stock include Amit Sharma, Carolyn Katz, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, James D Taiclet, Jr, Joann A Reed, Pamela D A Reeve, Robert Joseph Meyer Jr, Samme L Thompson, Steven C Marshall 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 Massachusetts Financial Services Co. MA, Brookfield Asset Management Inc., Prudential Financial Inc., BlackRock Inc., Westfield Capital Management Co. LP, Nuveen Asset Management LLC, Echo Street Capital Management LLC and Forsta AP Fonden. Company insiders that have sold American Tower company stock in the last year include Amit Sharma, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, Joann A Reed, Pamela D A Reeve, Samme L Thompson, Steven C Marshall and William H Hess. View Insider Buying and Selling for American Tower.

AMT stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Atlanta Capital Management Co. L L C, Millennium Management LLC, Principal Financial Group Inc., Eaton Vance Management, Soma Equity Partners LP, Edgewood Management LLC and Centersquare Investment Management LLC. 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 $140.54.

American Tower has a market capitalization of $61.43 billion and generates $6.66 billion in revenue each year. The real estate investment trust earns $1.24 billion in net income (profit) each year or $6.38 on an earnings per share basis. American Tower employs 4,752 workers across the globe.

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]