NYSE:AMTAmerican Tower Stock Price, Forecast & 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 $258.61 -8.78 (-3.28 %) (As of 06/4/2020 02:54 PM ET) Add Compare Share Today's Range$257.74Now: $258.61▼$267.8850-Day Range$228.16MA: $243.15▼$264.3152-Week Range$174.32Now: $258.61▼$269.25Volume95,665 shsAverage Volume1.92 million shsMarket Capitalization$114.64 billionP/E Ratio60.56Dividend Yield1.64%Beta0.45 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 2.4 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 $259.50, American Tower has a potential upside of 0.3% from its current price of $258.84.Amount of Analyst CoverageAmerican Tower has been the subject of 8 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 882 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAmerican Tower has received 515 “underperform” votes. (Add your “underperform” vote.)Community SentimentAmerican Tower has received 63.14% “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 4.2 Dividend Strength Dividend LeadershipAmerican Tower is a leading dividend payer. It pays a dividend yield of 1.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAmerican Tower has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of American Tower is 55.89 %. 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 48.98 % 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 $2,807,832.00 in company stock.Percentage Held by InsidersOnly 0.65% of the stock of American Tower is held by insiders.Percentage Held by Institutions91.12% 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 10.25% in the coming year, from $8.00 to $8.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Tower is 60.62, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.Price to Earnings Ratio vs. SectorThe P/E ratio of American Tower is 60.62, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.93.Price to Earnings Growth RatioAmerican Tower has a PEG Ratio of 2.24. 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 20.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 3.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.28 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 Ratio5.40 Current Ratio0.64 Quick Ratio0.64Price-To-Earnings Trailing P/E Ratio60.56 Forward P/E Ratio32.33 P/E Growth2.24 Sales & Book Value Annual Sales$7.58 billion Price / Sales15.12 Cash Flow$8.18 per share Price / Cash Flow31.62 Book Value$12.40 per share Price / Book20.86Profitability EPS (Most Recent Fiscal Year)$7.73 Net Income$1.89 billion Net Margins24.55% Return on Equity35.63% Return on Assets4.71%Miscellaneous Employees5,454 Outstanding Shares443,310,000Market Cap$114.64 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable AMT Rates by TradingView 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 (Coronavirus)? 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 (WHO). Since then, AMT shares have increased by 11.1% and is now trading at $258.84. View which stocks have been most impacted by Coronavirus. 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 Wednesday, July 29th 2020. View our earnings forecast for American Tower. How were American Tower's earnings last quarter? American Tower Corp (NYSE:AMT) issued its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.93 EPS for the quarter, missing the Zacks' consensus estimate of $1.05 by $0.12. The real estate investment trust earned $1.99 billion during the quarter, compared to the consensus estimate of $1.99 billion. American Tower had a return on equity of 35.63% and a net margin of 24.55%. The firm's revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.84 earnings per share. View American Tower's earnings history. How often does American Tower pay dividends? What is the dividend yield for American Tower? American Tower declared a quarterly dividend on Tuesday, May 19th. Investors of record on Friday, June 19th will be given a dividend of $1.10 per share on Friday, July 10th. This represents a $4.40 annualized dividend and a yield of 1.70%. The ex-dividend date is Thursday, June 18th. This is a positive change from American Tower's previous quarterly dividend of $1.08. View American Tower's dividend history. What price target have analysts set for AMT? 14 analysts have issued 1-year target prices for American Tower's shares. Their forecasts range from $211.00 to $308.00. On average, they expect American Tower's stock price to reach $259.50 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View analysts' price targets for American Tower. Has American Tower been receiving favorable news coverage? Media coverage about AMT stock has trended somewhat negative on Thursday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Tower earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutAmerican Tower. Are investors shorting American Tower? American Tower saw a decline in short interest in May. As of May 15th, there was short interest totaling 3,060,000 shares, a decline of 21.5% from the April 30th total of 3,900,000 shares. Based on an average daily volume of 2,730,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.7% of the company's stock are sold short. View American Tower's Current Options Chain. 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), HCP (HCP), Extra Space Storage (EXR), 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 EPR Properties (EPR). 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), Visa (V), Home Depot (HD), Mastercard (MA), Paypal (PYPL), salesforce.com (CRM) and Boeing (BA). 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.05%), State Street Corp (4.43%), Wellington Management Group LLP (3.94%), Capital World Investors (2.48%), Cohen & Steers Inc. (2.25%) and Edgewood Management LLC (1.96%). 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 Capital Research Global Investors, APG Asset Management N.V., Massachusetts Financial Services Co. MA, 1832 Asset Management L.P., BlackRock Inc., APG Asset Management N.V., Janus Henderson Group PLC, and Vontobel Asset Management Inc.. Company insiders that have sold American Tower company stock in the last year include Craig Macnab, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, Olivier Puech, Pamela D A Reeve, 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 Jennison Associates LLC, Cohen & Steers Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Centersquare Investment Management LLC, Swiss National Bank, Girard Partners LTD., and Deutsche Bank AG. 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 $258.84. How big of a company is American Tower? American Tower has a market capitalization of $114.75 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 6/4/2020 by MarketBeat.com Staff
