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. Investors 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 yield of 2.07%. The ex-dividend date is Wednesday, December 26th. This is an increase from American Tower's previous quarterly dividend of $0.79. View American Tower's Dividend History.

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

American Tower Corp (NYSE:AMT) announced its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.02. The real estate investment trust earned $1.79 billion during the quarter, compared to analyst estimates of $1.76 billion. American Tower had a net margin of 17.07% and a return on equity of 18.55%. The company's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the company posted $1.73 EPS. 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 brokerages have issued 1-year target prices for American Tower's shares. Their forecasts range from $150.00 to $176.00. On average, they expect American Tower's share price to reach $166.3333 in the next year. This suggests a possible upside of 2.5% from the stock's current price. 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 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American Tower.

Media stories about AMT stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Tower earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

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), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Realty Income (O), SBA Communications (SBAC), Boston Properties (BXP), Weyerhaeuser (WY) and Essex Property Trust (ESS).

American Tower's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.86%), Vanguard Group Inc (12.86%), BlackRock Inc. (6.76%), FMR LLC (3.45%), Capital World Investors (2.75%) and Edgewood Management LLC (1.81%). 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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Edgewood Management LLC, Resolution Capital Ltd, FMR LLC, Morgan Stanley, Renaissance Technologies LLC and Canada Pension Plan Investment Board. 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 $162.31.

American Tower has a market capitalization of $73.39 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]