NYSE:AMT - American Tower Stock Price, Forecast & News

American Tower's stock was trading at $232.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AMT shares have decreased by 6.2% and is now trading at $218.48. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 6 hold ratings and 8 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 Friday, May 1st 2020. View our earnings forecast for American Tower.

American Tower Corp (NYSE:AMT) announced its quarterly earnings results on Tuesday, February, 25th. The real estate investment trust reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.86 by $0.60. The real estate investment trust had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.93 billion. American Tower had a net margin of 24.90% and a return on equity of 32.51%. The company's revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.62 earnings per share. View American Tower's earnings history.

American Tower declared a quarterly dividend on Friday, March 13th. Investors of record on Tuesday, April 14th will be given a dividend of $1.08 per share on Wednesday, April 29th. This represents a $4.32 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Monday, April 13th. This is an increase from American Tower's previous quarterly dividend of $1.01. View American Tower's dividend history.

14 Wall Street analysts have issued twelve-month target prices for American Tower's shares. Their forecasts range from $196.00 to $280.00. On average, they expect American Tower's share price to reach $237.33 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View analysts' price targets for American Tower.

Media stories about AMT stock have trended extremely negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Tower earned a news impact score of -4.0 on InfoTrie's scale. They also assigned media 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 company's share price in the next few days. View the latest news aboutAmerican Tower.

American Tower saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,072,500 shares, an increase of 8.3% from the February 27th total of 3,760,000 shares. Based on an average daily trading volume, of 1,810,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.9% of the shares of the stock are sold short. View American Tower's Current Options Chain.

Some companies that are related to American Tower include Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), HCP (HCP), Extra Space Storage (EXR), Ventas (VTR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), National Health Investors (NHI) and Sabra Health Care REIT (SBRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other American Tower investors own include NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Alibaba Group (BABA), Visa (V), AT&T (T), Boeing (BA), Home Depot (HD), Paypal (PYPL) and Mastercard (MA).

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 State Street Corp (4.49%), FMR LLC (4.17%), Capital World Investors (2.50%), Cohen & Steers Inc. (2.04%), Geode Capital Management LLC (1.44%) and Capital International Investors (1.33%). 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 Jennison Associates LLC, Franklin Resources Inc., Franklin Resources Inc., FMR LLC, Renaissance Technologies LLC, Prudential Financial Inc., Capital World Investors, and Bank of New York Mellon Corp. Company insiders that have sold American Tower company stock in the last year include Amit Sharma, Craig Macnab, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, James D Taiclet, Jr, Olivier Puech, Pamela D A Reeve, Robert D Hormats, Robert Joseph Meyer Jr, Robert Joseph Meyer, Jr, Samme L Thompson, Steven O Vondran, and William H Hess. View insider buying and selling activity for American Tower.

AMT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Cohen & Steers Inc., State Street Corp, Capital Research Global Investors, Janus Henderson Group PLC, Mitsubishi UFJ Trust & Banking Corp, Principal Financial Group Inc., and California Public Employees Retirement System. 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 $218.48.

American Tower has a market capitalization of $96.77 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. View additional information about American Tower.

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]