American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 170,000 communications sites.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:AMT
CUSIP03027X10
Phone617-375-7500
Debt
Debt-to-Equity Ratio2.99
Current Ratio0.66
Quick Ratio0.66
Price-To-Earnings
Trailing P/E Ratio22.84
Forward P/E Ratio20.52
P/E Growth1.58
Sales & Book Value
Annual Sales$6.66 billion
Price / Sales9.64
Cash Flow$6.8052 per share
Price / Cash21.41
Book Value$15.92 per share
Price / Book9.15
Profitability
EPS (Most Recent Fiscal Year)$6.38
Net Income$1.24 billion
Net Margins16.34%
Return on Equity16.72%
Return on Assets3.39%
Miscellaneous
Employees4,752
Outstanding Shares440,830,000
Market Cap$65.46 billion
American Tower (NYSE:AMT) Frequently Asked Questions
What is American Tower's stock symbol?
American Tower trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMT."
How often does American Tower pay dividends? What is the dividend yield for American Tower?
American Tower declared a quarterly dividend on Friday, September 7th. Investors of record on Friday, September 28th will be paid a dividend of $0.79 per share on Wednesday, October 17th. This represents a $3.16 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Thursday, September 27th. This is a positive change from American Tower's previous quarterly dividend of $0.77. View American Tower's Dividend History.
How will American Tower's stock buyback program work?
American Tower announced that its board has authorized a share buyback program 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 purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's management believes its stock is undervalued.
How were American Tower's earnings last quarter?
American Tower Corp (NYSE:AMT) announced its quarterly earnings data on Tuesday, July, 31st. The real estate investment trust reported $0.69 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.73 by $1.04. The real estate investment trust earned $1.78 billion during the quarter, compared to analysts' expectations of $1.75 billion. American Tower had a return on equity of 16.72% and a net margin of 16.34%. The company's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.58 EPS. View American Tower's Earnings History.
When is American Tower's next earnings date?
What price target have analysts set for AMT?
14 equities research analysts have issued 12-month target prices for American Tower's shares. Their predictions range from $150.00 to $171.00. On average, they expect American Tower's stock price to reach $162.3077 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for American Tower.
What is the consensus analysts' recommendation for American Tower?
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.
Who are some of American Tower's key competitors?
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), AvalonBay Communities (AVB), Weyerhaeuser (WY), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).
Who are American Tower's key executives?
American Tower's management team includes the folowing people:
- Mr. James D. Taiclet Jr., Chairman, Pres & CEO (Age 57)
- Mr. Thomas A. Bartlett CPA, Exec. VP & CFO (Age 59)
- Mr. William Hal Hess, Exec. VP of International Operations and Pres of Latin America & EMEA (Age 54)
- Mr. Edmund DiSanto, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 65)
- Mr. Steven C. Marshall, Exec. VP & Sr. Advisor to the CEO (Age 56)
Who are American Tower's major shareholders?
American Tower's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.65%), FMR LLC (3.23%), Janus Henderson Group PLC (1.75%), Akre Capital Management LLC (1.60%), Edgewood Management LLC (1.55%) and Massachusetts Financial Services Co. MA (1.49%). 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, 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.
Which institutional investors are selling American Tower stock?
AMT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Russell Investments Group Ltd., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Glenmede Trust Co. NA, Canada Pension Plan Investment Board and Janus Henderson Group PLC. 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.
Which institutional investors are buying American Tower stock?
AMT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., AustralianSuper Pty Ltd, Dimensional Fund Advisors LP, Putnam Investments LLC, First Republic Investment Management Inc., Bank of New York Mellon Corp, Bank of New York Mellon Corp and Montag & Caldwell LLC. View Insider Buying and Selling for American Tower.
How do I buy shares of 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.
What is American Tower's stock price today?
One share of AMT stock can currently be purchased for approximately $145.70.
How big of a company is American Tower?
American Tower has a market capitalization of $65.46 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.
What is American Tower's official website?
How can I contact American Tower?
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]
MarketBeat Community Rating for American Tower (NYSE AMT)
MarketBeat's community ratings are surveys of what our community members think about American Tower and other stocks. Vote "Outperform" if you believe AMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
