American Tower Stock Forecast, Price & 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 1.2% and is now trading at $230.17.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for American Tower.

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American Tower is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for American Tower.

American Tower Co. (REIT) (NYSE:AMT) released its quarterly earnings data on Tuesday, November, 3rd. The real estate investment trust reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.10 by $0.06. The real estate investment trust had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.97 billion. American Tower had a net margin of 24.08% and a return on equity of 42.42%. The company's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.93 earnings per share.
View American Tower's earnings history.

American Tower declared a quarterly dividend on Thursday, September 10th. Shareholders of record on Monday, September 28th will be paid a dividend of $1.14 per share on Friday, October 16th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Friday, September 25th. This is an increase from American Tower's previous quarterly dividend of $1.10.
View American Tower's dividend history.

13 analysts have issued 1 year price objectives for American Tower's shares. Their forecasts range from $244.00 to $301.00. On average, they expect American Tower's stock price to reach $278.36 in the next year. This suggests a possible upside of 20.9% from the stock's current price.
View analysts' price targets for American Tower.

American Tower saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 3,420,000 shares, an increase of 48.1% from the September 30th total of 2,310,000 shares. Based on an average trading volume of 1,740,000 shares, the short-interest ratio is currently 2.0 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), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels & Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and Ryman Hospitality Properties (RHP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other American Tower investors own include NVIDIA (NVDA), The Walt Disney (DIS), Alibaba Group (BABA), Mastercard (MA), PayPal (PYPL), Cisco Systems (CSCO), QUALCOMM (QCOM), Visa (V), Intel (INTC) and salesforce.com (CRM).

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

American Tower's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.57%), State Street Corp (3.97%), Wells Fargo & Company MN (1.10%), Principal Financial Group Inc. (0.90%), Charles Schwab Investment Management Inc. (0.87%) and Massachusetts Financial Services Co. MA (0.85%). 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 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 State Street Corp, CIBC Private Wealth Group LLC, Los Angeles Capital Management & Equity Research Inc., Massachusetts Financial Services Co. MA, Morgan Stanley, The Manufacturers Life Insurance Company, State of Tennessee Treasury Department, and AQR Capital Management LLC. Company insiders that have sold American Tower company stock in the last year include Amit Sharma, David E Sharbutt, Olivier Puech, Robert D Hormats, 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 BlackRock Inc., CIBC Private Wealth Group LLC, Magellan Asset Management Ltd, Wells Fargo & Company MN, Great West Life Assurance Co. Can, Principal Financial Group Inc., Nisa Investment Advisors LLC, and AustralianSuper Pty Ltd.
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 $230.17.

American Tower has a market capitalization of $102.24 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]