NYSE:AMTAmerican Tower Stock Price, Forecast & 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 (WHO). Since then, AMT shares have increased by 13.7% and is now trading at $264.70. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 3 hold ratings and 12 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 Wednesday, July 29th 2020. View our earnings forecast for American Tower.

American Tower Corp (NYSE:AMT) announced its earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.05 by $0.12. The real estate investment trust had revenue of $1.99 billion for 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 business's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.84 EPS. View American Tower's earnings history.

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 dividend yield of 1.66%. The ex-dividend date is Thursday, June 18th. This is an increase from American Tower's previous quarterly dividend of $1.08. View American Tower's dividend history.

15 brokers have issued twelve-month target prices for American Tower's shares. Their forecasts range from $211.00 to $300.00. On average, they anticipate American Tower's stock price to reach $261.00 in the next year. This suggests that the stock has a possible downside of 1.4%. View analysts' price targets for American Tower.

Headlines about AMT stock have trended negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. American Tower earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about American Tower.

American Tower saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,690,000 shares, a decrease of 8.0% from the June 15th total of 4,010,000 shares. Based on an average daily trading volume, of 2,370,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.8% 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), Ventas (VTR), 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 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), Home Depot (HD), Mastercard (MA), Paypal (PYPL), salesforce.com (CRM) and Boeing (BA).

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 institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.13%), State of Alaska Department of Revenue (0.05%), Bath Savings Trust Co (0.01%), DNB Asset Management AS (0.01%), Park National Corp OH (0.01%) and Hudson Valley Investment Advisors Inc. ADV (0.01%). 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 Timbercreek Investment Management Inc., Private Trust Co. NA, Bath Savings Trust Co, Hudson Valley Investment Advisors Inc. ADV, Diversified Trust Co, Triangle Securities Wealth Management, Groesbeck Investment Management Corp NJ, and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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.

AMT stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Renaissance Investment Group LLC, DNB Asset Management AS, Park National Corp OH, Symphony Financial Ltd. Co., Paragon Advisors LLC, State of Alaska Department of Revenue, and Platte River Wealth Advisors LLC. 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 $264.70.

American Tower has a market capitalization of $117.34 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]