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 declared a quarterly dividend on Friday, March 8th. Stockholders of record on Thursday, April 11th will be paid a dividend of $0.90 per share on Friday, April 26th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Wednesday, April 10th. This is a positive change from American Tower's previous quarterly dividend of $0.84. View American Tower's Dividend History.

American Tower announced that its board has initiated a share repurchase plan on Friday, December 8th 2017, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

American Tower Corp (NYSE:AMT) released its quarterly earnings data on Wednesday, February, 27th. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.25 by $1.63. The real estate investment trust earned $2.13 billion during the quarter, compared to analysts' expectations of $2.03 billion. American Tower had a return on equity of 19.86% and a net margin of 16.62%. The business's revenue for the quarter was up 25.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 earnings per share. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for American Tower.

American Tower will be holding an earnings conference call on Friday, May 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002600718.

American Tower updated its FY 2019 earnings guidance on Wednesday, February, 27th. The company provided earnings per share guidance of $8.18-8.18 for the period.

19 analysts have issued 12 month target prices for American Tower's shares. Their forecasts range from $150.00 to $210.00. On average, they expect American Tower's share price to reach $177.25 in the next twelve months. This suggests that the stock has a possible downside of 8.1%. View Analyst Price Targets for American Tower.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 11 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for American Tower.

Media stories about AMT stock have been trending very positive this week, InfoTrie reports. InfoTrie identifies negative and positive press 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 five, with scores nearest to five being the most favorable. American Tower earned a coverage optimism score of 3.6 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely 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), SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY) and Essex Property Trust (ESS).

Based on aggregate information from My MarketBeat watchlists, some companies that other American Tower investors own include NVIDIA (Nvda), Boeing (BA), Walt Disney (DIS), Cisco Systems (CSCO), Alibaba Group (BABA), Home Depot (HD), Visa (V), Netflix (NFLX), AT&T (T) and Johnson & Johnson (JNJ).

American Tower's stock is owned by a number of of retail and institutional investors. Top institutional investors include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.35%), Manning & Napier Group LLC (0.14%), Resolution Capital Ltd (0.10%), KAMES CAPITAL plc (0.10%), Waverton Investment Management Ltd (0.10%) and Strs Ohio (0.09%). Company insiders that own American Tower stock include Amit Sharma, 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 Resolution Capital Ltd, Pennsylvania Trust Co, Factory Mutual Insurance Co., Consolidated Investment Group LLC, Pennsylvania Trust Co, Telos Capital Management Inc., State of Alaska Department of Revenue and Grassi Investment Management. Company insiders that have sold American Tower company stock in the last year include Amit Sharma, 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, 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 Waverton Investment Management Ltd, KAMES CAPITAL plc, Cohen Klingenstein LLC, Barometer Capital Management Inc., Pacer Advisors Inc., Altfest L J & Co. Inc., Nisa Investment Advisors LLC and Dorsey Wright & Associates. 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 $192.91.

American Tower has a market capitalization of $85.10 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.

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]