NYSE:AMT - American Tower Stock Price, Price Target & More

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

American Tower announced a quarterly dividend on Thursday, May 24th. Investors of record on Tuesday, June 19th will be given a dividend of $0.77 per share on Friday, July 13th. This represents a $3.08 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Monday, June 18th. This is an increase from American Tower's previous quarterly dividend of $0.75. View American Tower's Dividend History.

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

American Tower Corp (NYSE:AMT) announced its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.68 by $1.05. The real estate investment trust had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.73 billion. American Tower had a return on equity of 17.03% and a net margin of 17.51%. The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.68 EPS. View American Tower's Earnings History.

American Tower is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for American Tower.

15 brokers have issued 12 month price targets for American Tower's stock. Their predictions range from $135.00 to $171.00. On average, they expect American Tower's share price to reach $158.3077 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Ratings for American Tower.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to American Tower include Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP) and SBA Communications (SBAC).

News articles about AMT stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Tower earned a media sentiment score of 0.16 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 43.72 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

American Tower's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.16%), Manning & Napier Group LLC (0.11%), State of Alaska Department of Revenue (0.05%), Pennsylvania Trust Co (0.05%), Gulf International Bank UK Ltd (0.03%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%). Company insiders that own American Tower stock include Amit Sharma, Carolyn Katz, David E Sharbutt, Edmund Disanto, James D Taiclet Jr, James D Taiclet, Jr, Joann A Reed, Pamela D A Reeve, Robert Joseph Meyer Jr, Samme L Thompson, Steven C Marshall 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 State of Alaska Department of Revenue, Manning & Napier Group LLC, Legacy Private Trust Co., Gateway Investment Advisers LLC, Capital One National Association, Fjarde AP Fonden Fourth Swedish National Pension Fund, Welch & Forbes LLC and Raymond James Trust N.A.. 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, Pamela D A Reeve, Samme L Thompson 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 Bank of Montreal Can, Park National Corp OH, Laurel Grove Capital LLC, Bremer Trust National Association, Bristol Advisors LLC, Pennsylvania Trust Co, Gulf International Bank UK Ltd and IFM Investors Pty Ltd. 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 $141.76.

American Tower has a market capitalization of $63.26 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.

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]