American Tower Stock Forecast, Price & News

American Tower's stock was trading at $232.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMT shares have increased by 5.4% and is now trading at $245.50.
View which stocks have been most impacted by COVID-19.

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.

American Tower is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for American Tower.

American Tower Corp (NYSE:AMT) released its quarterly earnings data on Thursday, July, 30th. The real estate investment trust reported $1.00 EPS for the quarter, missing the Zacks' consensus estimate of $1.99 by $0.99. The real estate investment trust earned $1.91 billion during the quarter, compared to analyst estimates of $1.95 billion. American Tower had a return on equity of 39.62% and a net margin of 24.70%. The company's revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.01 earnings per share.
View American Tower's earnings history.

American Tower announced a quarterly dividend on Thursday, September 10th. Investors of record on Monday, September 28th will be given a dividend of $1.14 per share on Friday, October 16th. This represents a $4.56 dividend on an annualized basis and a yield of 1.86%. 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.

14 analysts have issued 12-month price targets for American Tower's stock. Their forecasts range from $211.00 to $300.00. On average, they anticipate American Tower's share price to reach $272.67 in the next year. This suggests a possible upside of 11.1% from the stock's current price.
View analysts' price targets for American Tower.

American Tower saw a increase in short interest in 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 trading volume of 1,630,000 shares, the short-interest ratio is presently 1.9 days.
View American Tower's Short Interest.

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.

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), Mastercard (MA), QUALCOMM (QCOM), Paypal (PYPL), salesforce.com (CRM) and Intel (INTC).

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

American Tower's stock is owned by a number of retail and institutional investors. Top institutional investors 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.

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 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.

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.

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.

One share of AMT stock can currently be purchased for approximately $245.50.

American Tower has a market capitalization of $108.90 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.

The official website for American Tower is 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]