NYSE:AMTAmerican Tower Stock Price, Forecast & News

American Tower's stock was trading at $232.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AMT stock has increased by 14.2% and is now trading at $265.97. 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) issued its quarterly earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.93 earnings per share for the quarter, missing analysts' consensus estimates of $1.05 by $0.12. The real estate investment trust had revenue of $1.99 billion for 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%. American Tower's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.84 earnings per share. View American Tower's earnings history.

American Tower announced a quarterly dividend on Tuesday, May 19th. Investors of record on Friday, June 19th will be paid a dividend of $1.10 per share on Friday, July 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date is Thursday, June 18th. This is a boost from American Tower's previous quarterly dividend of $1.08. View American Tower's dividend history.

15 equities research analysts have issued 12 month price objectives for American Tower's stock. 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 1.9%. View analysts' price targets for American Tower.

Media headlines about AMT stock have been trending negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. American Tower earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about American Tower.

American Tower saw a decrease in short interest during 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 volume of 2,370,000 shares, the short-interest ratio is currently 1.6 days. Approximately 0.8% of the company's 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), 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 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 many different institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.05%), Bath Savings Trust Co (0.01%), Park National Corp OH (0.01%), Hudson Valley Investment Advisors Inc. ADV (0.01%), Renaissance Investment Group LLC (0.00%) and Timbercreek Investment Management Inc. (0.00%). 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, Groesbeck Investment Management Corp NJ, Nelson Van Denburg & Campbell Wealth Management Group LLC, and Fulton Bank N. A.. 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 Renaissance Investment Group LLC, Park National Corp OH, Paragon Advisors LLC, State of Alaska Department of Revenue, Platte River Wealth Advisors LLC, Windsor Group LTD, Red Door Wealth Management LLC, and Courier Capital 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 $265.97.

American Tower has a market capitalization of $117.91 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]