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 over 170,000 communications sites.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone617-375-7500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$7.44 billion
Profitability
Miscellaneous
Employees5,026
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable
American Tower (NYSE:AMT) Frequently Asked Questions
What is American Tower's stock symbol?
American Tower trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMT."
How often does American Tower pay dividends? What is the dividend yield for American Tower?
American Tower declared a quarterly dividend on Friday, March 8th. Shareholders 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 yield of 1.84%. The ex-dividend date is Wednesday, April 10th. This is an increase from American Tower's previous quarterly dividend of $0.84. View American Tower's Dividend History.
How will American Tower's stock buyback program work?
American Tower declared that its Board of Directors has approved a stock repurchase 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 generally an indication that the company's board of directors believes its stock is undervalued.
How were American Tower's earnings last quarter?
American Tower Corp (NYSE:AMT) released its earnings results on Wednesday, February, 27th. The real estate investment trust reported $0.62 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.25 by $1.63. The real estate investment trust had revenue of $2.13 billion for 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 company earned $0.51 EPS. View American Tower's Earnings History.
When is American Tower's next earnings date?
What guidance has American Tower issued on next quarter's earnings?
American Tower issued an update on its FY 2019 earnings guidance on Wednesday, February, 27th. The company provided earnings per share guidance of $8.18-8.18 for the period.
What price target have analysts set for AMT?
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 stock price to reach $176.8750 in the next year. This suggests that the stock has a possible downside of 9.4%. View Analyst Price Targets for American Tower.
What is the consensus analysts' recommendation for American Tower?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 10 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for American Tower.
Has American Tower been receiving favorable news coverage?
News stories about AMT stock have been trending positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Tower earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the next several days.
Who are some of American Tower's key competitors?
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), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY) and Essex Property Trust (ESS).
What other stocks do shareholders of American Tower own?
Who are American Tower's key executives?
American Tower's management team includes the folowing people:
- Mr. James D. Taiclet Jr., Chairman, Pres & CEO (Age 58)
- Mr. Thomas A. Bartlett CPA, Exec. VP & CFO (Age 60)
- Mr. Edmund DiSanto, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 66)
- Mr. Igor Khislavsky, Sr. Director of Investor Relations
- Mr. Amit Sharma, Exec. VP & Pres of Asia (Age 69)
Who are American Tower's major shareholders?
American Tower's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.75%), FMR LLC (4.57%), Oregon Public Employees Retirement Fund (1.72%), Dimensional Fund Advisors LP (1.49%), Northern Trust Corp (1.49%) and Massachusetts Financial Services Co. MA (1.30%). Company insiders that own American Tower stock include Amit Sharma, David E Sharbutt, Edmund Disanto, Gustavo Lara, James D Taiclet Jr, Joann A Reed, Olivier Puech, Pamela D A Reeve, Raymond P Dolan, 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.
Which institutional investors are selling American Tower stock?
AMT stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Commonwealth Bank of Australia, Massachusetts Financial Services Co. MA, CIBC Private Wealth Group LLC, American Century Companies Inc., Principal Financial Group Inc., 1832 Asset Management L.P. and Findlay Park Partners LLP. 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, Joann A Reed, Olivier Puech, Pamela D A Reeve, Raymond P Dolan, 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.
Which institutional investors are buying American Tower stock?
AMT stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, FMR LLC, Norges Bank, Jennison Associates LLC, Cohen & Steers Inc., Bessemer Group Inc., Daiwa Securities Group Inc. and Geode Capital Management LLC. View Insider Buying and Selling for American Tower.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American Tower's stock price today?
One share of AMT stock can currently be purchased for approximately $195.26.
How big of a company is American Tower?
American Tower has a market capitalization of $86.14 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.
What is American Tower's official website?
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]
MarketBeat Community Rating for American Tower (NYSE AMT)
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.
