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 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 of Directors has approved a share repurchase program on Friday, December 8th 2017, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

American Tower Corp (NYSE:AMT) released its quarterly earnings data on Tuesday, October, 30th. The real estate investment trust reported $0.83 EPS for the quarter, topping the Zacks' consensus estimate of $0.81 by $0.02. The real estate investment trust earned $1.79 billion during the quarter, compared to analysts' expectations of $1.76 billion. American Tower had a return on equity of 18.55% and a net margin of 17.07%. The business's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior 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 analysts have issued 1 year price objectives for American Tower's stock. Their forecasts range from $150.00 to $176.00. On average, they anticipate American Tower's share price to reach $165.6667 in the next year. This suggests that the stock has a possible downside of 0.6%. 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.

Headlines about AMT stock have been trending somewhat positive on Wednesday, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. American Tower earned a coverage optimism score of 0.7 on InfoTrie's scale. They also gave news stories 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 stock's share price in the next several days.

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 variety 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 $166.64.

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]