NYSE:AMT - American Tower Stock Price, News, & Analysis

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

American Tower announced a quarterly dividend on Thursday, December 6th. Stockholders of record on Thursday, December 27th will be given a dividend of $0.84 per share on Monday, January 14th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Wednesday, December 26th. This is a positive change from American Tower's previous quarterly dividend of $0.79. View American Tower's Dividend History.

American Tower announced that its board has approved a share buyback program on Friday, December 8th 2017, which authorizes the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its stock is undervalued.

American Tower Corp (NYSE:AMT) issued its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.83 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.02. The real estate investment trust had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.76 billion. American Tower had a net margin of 17.07% and a return on equity of 18.55%. The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.73 earnings per share. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for American Tower.

16 Wall Street analysts have issued 1-year price objectives for American Tower's shares. Their predictions range from $150.00 to $176.00. On average, they expect American Tower's stock price to reach $165.6667 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for American Tower.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American Tower.

Headlines about AMT stock have trended positive on Sunday, according to InfoTrie. The research firm rates the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. American Tower earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near term.

Some companies that are related to American Tower include Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Boston Properties (BXP), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY) and Essex Property Trust (ESS).

American Tower's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.86%), BlackRock Inc. (6.76%), FMR LLC (3.45%), Capital World Investors (2.75%), Edgewood Management LLC (1.81%) and Janus Henderson Group PLC (1.72%). Company insiders that own American Tower stock include Amit Sharma, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, James D Taiclet, Jr, Joann A Reed, Olivier Puech, Pamela D A Reeve, Robert Joseph Meyer Jr, Robert Joseph Meyer, Jr, Samme L Thompson, Steven C Marshall, 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 Standard Life Aberdeen plc, Cohen & Steers Inc., Commonwealth Bank of Australia, American Century Companies Inc., Mitsubishi UFJ Trust & Banking Corp, Panagora Asset Management Inc., Deutsche Bank AG and Capital International Investors. 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, Olivier Puech, Pamela D A Reeve, Robert Joseph Meyer, Jr, Samme L Thompson, Steven C Marshall, Thomas A Bartlett 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 Vanguard Group Inc., Edgewood Management LLC, Resolution Capital Ltd, FMR LLC, Morgan Stanley, Renaissance Technologies LLC, Canada Pension Plan Investment Board and Capital World Investors. 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 $166.43.

American Tower has a market capitalization of $73.31 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.

The official website for American Tower is http://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]