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 stock has increased by 4.7% and is now trading at $243.93. View which stocks have been most impacted by Coronavirus.

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

American Tower Corp (NYSE:AMT) issued its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.93 EPS for the quarter, missing the consensus estimate 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 return on equity of 35.63% and a net margin of 24.55%. American Tower's revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.84 EPS. View American Tower's earnings history.

American Tower announced a quarterly dividend on Tuesday, May 19th. Shareholders 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 annualized dividend and a yield of 1.80%. 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.

14 analysts have issued 1-year price targets for American Tower's stock. Their forecasts range from $211.00 to $308.00. On average, they anticipate American Tower's share price to reach $259.08 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View analysts' price targets for American Tower.

Media headlines about AMT stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. American Tower earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutAmerican Tower.

American Tower saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 3,060,000 shares, a decline of 21.5% from the April 30th total of 3,900,000 shares. Based on an average daily trading volume, of 2,730,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.7% of the company's shares 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 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.05%), State Street Corp (4.43%), Wellington Management Group LLP (3.94%), Capital World Investors (2.48%), Cohen & Steers Inc. (2.25%) and Edgewood Management LLC (1.96%). 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 Capital Research Global Investors, APG Asset Management N.V., Massachusetts Financial Services Co. MA, 1832 Asset Management L.P., BlackRock Inc., APG Asset Management N.V., Janus Henderson Group PLC, and Vontobel Asset Management Inc.. 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 Jennison Associates LLC, Cohen & Steers Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Centersquare Investment Management LLC, Swiss National Bank, Girard Partners LTD., and Deutsche Bank AG. 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 $243.93.

American Tower has a market capitalization of $108.14 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]