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, September 7th. Shareholders of record on Friday, September 28th will be given a dividend of $0.79 per share on Wednesday, October 17th. This represents a $3.16 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Thursday, September 27th. This is a boost from American Tower's previous quarterly dividend of $0.77. View American Tower's Dividend History.

American Tower declared that its Board of Directors has initiated a stock repurchase plan on Friday, December 8th 2017, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.

American Tower Corp (NYSE:AMT) released its earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.83 EPS for the quarter, beating the Zacks' consensus estimate of $0.81 by $0.02. The real estate investment trust had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.76 billion. American Tower had a return on equity of 18.55% and a net margin of 17.07%. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.73 EPS. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for American Tower.

15 analysts have issued 1-year price targets for American Tower's shares. Their forecasts range from $150.00 to $176.00. On average, they anticipate American Tower's stock price to reach $164.50 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets for American Tower.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American Tower.

News coverage about AMT stock has trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press 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 five, with scores nearest to five being the most favorable. American Tower earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact 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), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Weyerhaeuser (WY), SBA Communications (SBAC), Boston Properties (BXP), Realty Income (O) and Brookfield Property Reit (BPR).

American Tower's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.76%), FMR LLC (3.45%), Edgewood Management LLC (1.81%), Janus Henderson Group PLC (1.72%), Dimensional Fund Advisors LP (1.46%) and Massachusetts Financial Services Co. MA (1.44%). Company insiders that own American Tower stock include Amit Sharma, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, James D Taiclet, Jr, Joann A Reed, Pamela D A Reeve, Robert Joseph Meyer Jr, 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 Standard Life Aberdeen plc, Commonwealth Bank of Australia, American Century Companies Inc., Mitsubishi UFJ Trust & Banking Corp, Panagora Asset Management Inc., Jennison Associates LLC, Massachusetts Financial Services Co. MA and AXA. 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, Robert Joseph Meyer, Jr, Samme L Thompson, Steven C Marshall 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 Edgewood Management LLC, Resolution Capital Ltd, FMR LLC, Renaissance Technologies LLC, Canada Pension Plan Investment Board, BlackRock Inc., Dimensional Fund Advisors LP and Winslow Capital 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 $161.31.

American Tower has a market capitalization of $70.93 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.

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]