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. Since then, AMT stock has increased by 9.9% and is now trading at $255.93. 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 4 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, July 30th 2020. View our earnings forecast for American Tower.

American Tower will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

American Tower Corp (NYSE:AMT) issued its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.93 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.05 by $0.12. The real estate investment trust earned $1.99 billion during the quarter, compared to analyst estimates of $1.99 billion. American Tower had a net margin of 24.55% and a return on equity of 35.63%. The firm's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.84 earnings per share. View American Tower's earnings history.

American Tower announced a quarterly dividend on Tuesday, May 19th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend 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 brokerages have issued 1 year 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 $262.38 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets for American Tower.

News stories about AMT stock have trended very negative on Tuesday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. American Tower earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about American Tower.

American Tower saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,690,000 shares, a decline of 8.0% from the June 15th total of 4,010,000 shares. Based on an average trading volume of 2,370,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.8% of the company's stock are short sold. View American Tower's Current Options Chain.

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 and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and Potlatchdeltic (PCH). 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 variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.13%), Manning & Napier Group LLC (0.09%), State of Alaska Department of Revenue (0.05%), Factory Mutual Insurance Co. (0.04%), Carnegie Capital Asset Management LLC (0.02%) and Whittier Trust Co. (0.02%). 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., Manning & Napier Group LLC, IFM Investors Pty Ltd, Factory Mutual Insurance Co., Carnegie Capital Asset Management LLC, Veracity Capital LLC, 6 Meridian, and LVM Capital Management Ltd. MI. 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, Wedge Capital Management L L P NC, Cottage Street Advisors LLC, Canandaigua National Corp, Park National Corp OH, and Symphony Financial Ltd. Co.. 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 $255.93.

American Tower has a market capitalization of $113.46 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]