American Tower Stock Price, News & Analysis (NYSE:AMT)

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

American Tower declared a quarterly dividend on Monday, September 16th. Stockholders of record on Friday, September 27th will be paid a dividend of $0.95 per share on Thursday, October 17th. This represents a $3.80 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Thursday, September 26th. This is an increase from American Tower's previous quarterly dividend of $0.92. View American Tower's Dividend History.

American Tower declared that its Board of Directors has initiated a share repurchase program on Friday, December 8th 2017, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

American Tower Corp (NYSE:AMT) issued its quarterly 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 earned $1.89 billion during 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 business's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm 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 updated its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $8.32-8.32 for the period.

16 analysts have issued twelve-month target prices for American Tower's shares. Their predictions range from $164.00 to $253.00. On average, they anticipate American Tower's share price to reach $204.7143 in the next twelve months. This suggests that the stock has a possible downside of 9.2%. 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 coverage about AMT stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. 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 public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. American Tower earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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), Visa (V), Starbucks (SBUX), AT&T (T), Alibaba Group (BABA) and Paypal (PYPL).

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 bought 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 $225.56.

American Tower has a market capitalization of $99.85 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]