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 annualized dividend and a yield of 1.93%. 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 announced that its Board of Directors has authorized a stock buyback program on Friday, December 8th 2017, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

American Tower Corp (NYSE:AMT) announced its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.83 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.81 by $0.02. The real estate investment trust earned $1.79 billion during the quarter, compared to analysts' expectations of $1.76 billion. American Tower had a net margin of 17.07% and a return on equity of 18.55%. The firm's revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.73 earnings per share. 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 brokerages have issued 12 month target prices for American Tower's shares. Their predictions range from $150.00 to $176.00. On average, they anticipate American Tower's stock price to reach $165.7857 in the next twelve months. This suggests a possible upside of 1.1% 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.

Media stories about AMT stock have trended very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. American Tower earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.76%), FMR LLC (3.45%), Capital World Investors (2.75%), Edgewood Management LLC (1.81%), Janus Henderson Group PLC (1.72%) and Akre Capital Management LLC (1.60%). 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, Cohen & Steers Inc., Commonwealth Bank of Australia, American Century Companies Inc., Mitsubishi UFJ Trust & Banking Corp, Panagora Asset Management Inc., Deutsche Bank AG and Capital International Investors. 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, Capital World Investors, BlackRock Inc. and Dimensional Fund Advisors LP. 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 $163.98.

American Tower has a market capitalization of $72.23 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]