NYSE:AMT - American Tower Stock Price, Price Target & More

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

American Tower declared a quarterly dividend on Thursday, May 24th. Investors of record on Tuesday, June 19th will be paid a dividend of $0.77 per share on Friday, July 13th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Monday, June 18th. This is an increase from American Tower's previous quarterly dividend of $0.75. View American Tower's Dividend History.

American Tower announced that its board has authorized a stock buyback plan on Friday, December 8th 2017, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

American Tower Corp (NYSE:AMT) released its earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.63 earnings per share for the quarter, missing analysts' consensus estimates of $1.68 by $1.05. The real estate investment trust earned $1.74 billion during the quarter, compared to analysts' expectations of $1.73 billion. American Tower had a net margin of 17.51% and a return on equity of 17.03%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.68 EPS. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for American Tower.

15 Wall Street analysts have issued 12 month price targets for American Tower's shares. Their forecasts range from $135.00 to $171.00. On average, they expect American Tower's share price to reach $158.3077 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Ratings for American Tower.

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."

Some companies that are related to American Tower include Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP) and SBA Communications (SBAC).

Media headlines about AMT stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Tower earned a media sentiment score of 0.13 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 46.45 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

American Tower's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.16%), Manning & Napier Group LLC (0.11%), State of Alaska Department of Revenue (0.05%), Pennsylvania Trust Co (0.05%), Gulf International Bank UK Ltd (0.03%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%). Company insiders that own American Tower stock include Amit Sharma, Carolyn Katz, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, 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 Institutional Ownership Trends for American Tower.

AMT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Manning & Napier Group LLC, Legacy Private Trust Co., Gateway Investment Advisers LLC, Baystate Wealth Management LLC, Capital One National Association and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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, Samme L Thompson 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 Bank of Montreal Can, Park National Corp OH, Laurel Grove Capital LLC, Bremer Trust National Association, Bristol Advisors LLC, Pennsylvania Trust Co, Gulf International Bank UK Ltd and IFM Investors Pty Ltd. 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 $141.30.

American Tower has a market capitalization of $63.26 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.

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]