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 Wednesday, May 22nd. Stockholders of record on Wednesday, June 19th will be paid a dividend of $0.92 per share on Friday, July 12th. This represents a $3.68 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, June 18th. This is a positive change from American Tower's previous quarterly dividend of $0.90. View American Tower's Dividend History.

American Tower declared that its Board of Directors has authorized a share repurchase plan on Friday, December 8th 2017, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

American Tower Corp (NYSE:AMT) announced its earnings results on Wednesday, July, 31st. The real estate investment trust reported $0.96 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.87 by $0.91. The real estate investment trust had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.83 billion. American Tower had a return on equity of 24.75% and a net margin of 19.30%. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.74 earnings per share. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for American Tower.

American Tower issued an update on its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $8.32-8.32 for the period.

16 Wall Street analysts have issued 1-year price targets for American Tower's stock. Their forecasts range from $164.00 to $253.00. On average, they anticipate American Tower's stock price to reach $203.6429 in the next twelve months. This suggests that the stock has a possible downside of 6.1%. 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 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for American Tower.

Media stories about AMT stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. American Tower earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for American Tower.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other American Tower investors own include NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Boeing (BA), Mastercard (MA), Starbucks (SBUX), AT&T (T), Visa (V), Alibaba Group (BABA) and Netflix (NFLX).

American Tower's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.99%), BlackRock Inc. (7.13%), BlackRock Inc. (7.13%), Edgewood Management LLC (1.91%), Cohen & Steers Inc. (1.75%) and Akre Capital Management LLC (1.62%). 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, 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 Jennison Associates LLC, Winslow Capital Management LLC, Price T Rowe Associates Inc. MD, Cohen & Steers Inc., Renaissance Technologies LLC, Daiwa Securities Group Inc., Nan Shan Life Insurance Co. Ltd. and Janus Henderson Group PLC. Company insiders that have sold American Tower company stock in the last year 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, 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 Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Prudential Financial Inc., APG Asset Management N.V., California Public Employees Retirement System, Invesco Ltd. 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, Robinhood, Fidelity and Charles Schwab.

One share of AMT stock can currently be purchased for approximately $216.77.

American Tower has a market capitalization of $95.96 billion and generates $7.44 billion in revenue each year. The real estate investment trust earns $1.24 billion in net income (profit) each year or $7.99 on an earnings per share basis. American Tower employs 5,026 workers across the globe.View Additional Information About American Tower.

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]