NYSE:AMT

American Tower Stock Forecast, Price & News

$227.51

+3.59 (+1.60 %)

(As of 01/25/2021 12:00 AM ET)

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Today's Range

$222.13

Now: $227.51▼

$228.73

50-Day Range

$214.89

MA: $220.15▼

$224.46

52-Week Range

$174.32

Now: $227.51▼

$272.20

Volume2.40 million shs

Average Volume2.54 million shs

Market Capitalization$101.06 billion

P/E Ratio53.78

Dividend Yield2.16%

Beta0.25

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 181,000 communications sites.

MarketRank^™

Overall MarketRank^™

2.37 out of 5 stars

Finance Sector

68th out of 1,930 stocks

Real Estate Investment Trusts Industry

11th out of 273 stocks

2.4 Analyst's Opinion

Consensus Rating
American Tower has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $274.20, American Tower has a forecasted upside of 20.5% from its current price of $227.51.
Amount of Analyst Coverage
American Tower has only been the subject of 3 research reports in the past 90 days.

3.2 Community Rank

Outperform Votes
American Tower has received 900 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
American Tower has received 520 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
American Tower has received 63.38% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Yield
American Tower pays a meaningful dividend of 2.16%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
American Tower has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of American Tower is 62.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, American Tower will have a dividend payout ratio of 53.48% next year. This indicates that American Tower will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, American Tower insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,119,029.00 in company stock.
Percentage Held by Insiders
Only 0.65% of the stock of American Tower is held by insiders.
Percentage Held by Institutions
89.97% of the stock of American Tower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for American Tower are expected to grow by 10.91% in the coming year, from $8.16 to $9.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of American Tower is 53.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of American Tower is 53.78, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.07.
Price to Earnings Growth Ratio
American Tower has a PEG Ratio of 1.57. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
American Tower has a P/B Ratio of 18.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustrySpecialized REITs

SectorFinance

Current SymbolNYSE:AMT

Previous Symbol

CUSIP03027X10

CIK1053507

Webwww.americantower.com

Phone617-375-7500

Employees5,454

Year FoundedN/A

Debt

Debt-to-Equity Ratio5.73

Current Ratio1.35

Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio53.78

Forward P/E Ratio27.88

P/E Growth1.57

Sales & Book Value

Annual Sales$7.58 billion

Price / Sales13.33

Cash Flow$8.62 per share

Price / Cash Flow26.38

Book Value$12.40 per share

Price / Book18.35

Profitability

EPS (Most Recent Fiscal Year)$7.73

Net Income$1.89 billion

Net Margins24.08%

Return on Equity42.42%

Return on Assets4.53%

Miscellaneous

Outstanding Shares444,213,000

Market Cap$101.06 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$227.51

+3.59 (+1.60 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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American Tower (NYSE:AMT) Frequently Asked Questions

How has American Tower's stock price been impacted by Coronavirus (COVID-19)?

American Tower's stock was trading at $232.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMT shares have decreased by 2.3% and is now trading at $227.51.
View which stocks have been most impacted by COVID-19.

Is American Tower a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" American Tower stock.
View analyst ratings for American Tower or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than American Tower?

Wall Street analysts have given American Tower a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but American Tower wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Jim Taiclet Jr.'s approval rating as American Tower's CEO?

258 employees have rated American Tower CEO Jim Taiclet Jr. on Glassdoor.com. Jim Taiclet Jr. has an approval rating of 83% among American Tower's employees.

When is American Tower's next earnings date?

American Tower is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for American Tower.

How were American Tower's earnings last quarter?

American Tower Co. (REIT) (NYSE:AMT) announced its earnings results on Tuesday, November, 3rd. The real estate investment trust reported $1.04 EPS for the quarter, missing the consensus estimate of $1.10 by $0.06. The real estate investment trust earned $2.01 billion during the quarter, compared to the consensus estimate of $1.97 billion. American Tower had a trailing twelve-month return on equity of 42.42% and a net margin of 24.08%. The business's revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.93 earnings per share.
View American Tower's earnings history.

How often does American Tower pay dividends? What is the dividend yield for American Tower?

American Tower announced a quarterly dividend on Thursday, December 3rd. Shareholders of record on Monday, December 28th will be paid a dividend of $1.21 per share on Tuesday, February 2nd. This represents a $4.84 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date is Thursday, December 24th. This is a positive change from American Tower's previous quarterly dividend of $1.14.
View American Tower's dividend history.

Is American Tower a good dividend stock?

American Tower pays an annual dividend of $4.84 per share and currently has a dividend yield of 2.16%. American Tower has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of American Tower is 62.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, American Tower will have a dividend payout ratio of 53.48% next year. This indicates that American Tower will be able to sustain or increase its dividend.
View American Tower's dividend history.

What price target have analysts set for AMT?

12 Wall Street analysts have issued 1-year price objectives for American Tower's shares. Their forecasts range from $244.00 to $301.00. On average, they anticipate American Tower's stock price to reach $274.20 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts' price targets for American Tower or view Wall Street analyst' top-rated stocks.

Who are some of American Tower's key competitors?

Some companies that are related to American Tower include Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Rayonier (RYN), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), Sabra Health Care REIT (SBRA), PotlatchDeltic (PCH) and National Health Investors (NHI).
View all of AMT's competitors.

What other stocks do shareholders of American Tower own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American Tower investors own include NVIDIA (NVDA), The Walt Disney (DIS), Alibaba Group (BABA), Mastercard (MA), PayPal (PYPL), Cisco Systems (CSCO), QUALCOMM (QCOM), Visa (V), Intel (INTC) and salesforce.com (CRM).

Who are American Tower's key executives?

American Tower's management team includes the following people:

Mr. Thomas A. Bartlett CPA, Pres, CEO & Director (Age 61, Pay $2.2M)
Mr. Edmund DiSanto J.D., Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 67, Pay $1.77M)
Mr. Amit Sharma, Exec. VP & Pres of Asia (Age 70, Pay $2.43M)
Mr. Steven O. Vondran J.D., Exec. VP & Pres of US Tower Division (Age 49, Pay $1.66M)
Mr. Rodney M. Smith, Exec. VP, CFO & Treasurer
Mr. Robert J. Meyer Jr., Sr. VP & Chief Accounting Officer (Age 56)
Mr. Edward M. Knapp, Chief Technology Officer (Age 59)
Mr. Igor Khislavsky, VP of Investor Relations
Mr. Olivier Puech, Exec. VP & Pres of Latin America and EMEA (Age 52)
Mr. Michael Powell CFA, VP of Financial Planning, EMEA & Latin America

What is American Tower's stock symbol?

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

Who are American Tower's major shareholders?

American Tower's stock is owned by a number of retail and institutional investors. Top institutional investors include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.34%), Pacer Advisors Inc. (0.16%), New York State Teachers Retirement System (0.14%), Manning & Napier Group LLC (0.10%), Nisa Investment Advisors LLC (0.10%) and KAMES CAPITAL plc (0.08%). 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, Robert D Hormats, Robert Joseph Meyer Jr, Robert Joseph Meyer, Jr, Samme L Thompson, Steven O Vondran and William H Hess.
View institutional ownership trends for American Tower.

Which major investors are selling American Tower stock?

AMT stock was sold by a variety of institutional investors in the last quarter, including Waverton Investment Management Ltd, Atalanta Sosnoff Capital LLC, Nisa Investment Advisors LLC, New York State Teachers Retirement System, Transform Wealth LLC, Kestra Private Wealth Services LLC, Strs Ohio, and Symphony Financial Ltd. Co.. Company insiders that have sold American Tower company stock in the last year include Amit Sharma, David E Sharbutt, Olivier Puech, Robert D Hormats, Robert Joseph Meyer Jr, Robert Joseph Meyer, Jr, Samme L Thompson, and Steven O Vondran.
View insider buying and selling activity for American Tower or view top insider-selling stocks.

Which major investors are buying American Tower stock?

AMT stock was acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Gateway Investment Advisers LLC, Sarasin & Partners LLP, Pendal Group Limited, KAMES CAPITAL plc, Bartlett & Co. LLC, Manning & Napier Group LLC, and Locust Wood Capital Advisers LLC.
View insider buying and selling activity for American Tower or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is American Tower's stock price today?

One share of AMT stock can currently be purchased for approximately $227.51.

How big of a company is American Tower?

American Tower has a market capitalization of $101.06 billion and generates $7.58 billion in revenue each year. The real estate investment trust earns $1.89 billion in net income (profit) each year or $7.73 on an earnings per share basis. American Tower employs 5,454 workers across the globe.

What is American Tower's official website?

The official website for American Tower is www.americantower.com.

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]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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