American Tower Corporation (AMT)
| Market Cap | 88.75B |
| Revenue (ttm) | 11.17B |
| Net Income (ttm) | 1.11B |
| Shares Out | 467.29M |
| EPS (ttm) | 2.37 |
| PE Ratio | 80.04 |
| Forward PE | 25.19 |
| Dividend | $6.48 (3.41%) |
| Ex-Dividend Date | Dec 27, 2024 |
| Volume | 1,664,274 |
| Open | 191.31 |
| Previous Close | 190.39 |
| Day's Range | 189.33 - 193.77 |
| 52-Week Range | 170.46 - 243.56 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 230.92 (+21.58%) |
| Earnings Date | Feb 25, 2025 |
About AMT
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 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities. [Read more]
Financial Performance
In 2023, American Tower's revenue was $11.14 billion, an increase of 4.04% compared to the previous year's $10.71 billion. Earnings were $1.48 billion, a decrease of -16.00%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for AMT stock is "Buy." The 12-month stock price forecast is $230.92, which is an increase of 21.58% from the latest price.
News
American Tower Corporation Announces Tax Reporting Information for 2024 Distributions
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced year-end tax reporting information for its 2024 distributions. Stockholders are urged to consult with their personal tax...
American Tower's Imminent Dividend Hike - Double Digits Data Center Growth
American Tower's recent sell-off has been well warranted, with it triggering the improved entry points, richer dividend yields, and double digits upside potential. Much of the outperformance is linked...
2 High Quality Dividends That Continue To Dissapoint
When investing for income, there is usually a choice between high yield with weak income growth and low yield with strong income growth. When the yields are not too high and the fundamentals are robus...
CoreSite to be Featured at PTC 2025
DENVER--(BUSINESS WIRE)--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), will participate in the upcoming Pacific Telecomm...
A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
Interest rate peaks often cause short-term S&P 500 selloffs, especially for REITs. I retain hope that REITs may decouple from 10-year Treasury yields once rates stabilize. Baby Boomers' economic impac...
American Tower Names Bud Noel as COO and Rich Rossi as EVP and President, U.S. Tower
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced today that Eugene (“Bud”) Noel, currently Executive Vice President and President of the U. S. Tower Division, will become Exec...
Ready, Set, REIT: Why 2025 Could Be A Breakout Year
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8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
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Big Dividends Ahead: Where I'd Invest $10,000 In 2025
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10 Stocks I'm Buying As REITs Have Never Looked So Good
The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance,...
American Tower: How To Make 10% Returns Here While Lowering Your Risk
We had a bearish take on American Tower on account of its towering valuation and poor growth prospects. The stock has lost 24% since our first Sell rating and reached our price target. We go over the ...
American Tower: Attractive Yield Following Share Price Slump
American Tower Corporation offers a solid long-term outlook with a 3.6% dividend yield and trades at an undemanding valuation after recent share price declines. The company can grow through additional...
American Tower: Buy The Drop While The Market Is Fearful
American Tower's recent price decline presents a compelling opportunity for income-focused investors, offering a 3.5% dividend yield and potential for market-beating total returns. AMT's robust global...
Retire Rich: 2 Undervalued REITs To Secure Your Income Stream
Realty Income and Crown Castle offer high yields and trade below intrinsic values, making them attractive for income investors. Realty Income's triple net lease model, high credit rating, and global e...
Why The Market May Get Turned Upside Down In 2025
AI stocks have dominated the market in 2024, dragging the S&P 500 higher with them. I think the market may get turned upside down in 2025. I share why and also share some of my top picks for the new y...
All I Want For Christmas Are A Few Great REITs
I'm excited to present my top 5 undervalued REITs for Christmas. VICI Properties, Realty Income, Alexandria Real Estate, American Tower, and Rexford Industrial are highlighted for their strong growth ...
American Tower Corporation (AMT) UBS Global Media & Communications Conference (Transcript)
American Tower Corporation (NYSE:AMT) UBS Global Media & Communications Conference December 10, 2024 12:45 PM ET Company Participants Rod Smith - EVP and CFO Conference Call Participants Batya Levi -...
Santa Claus Is Coming To REIT Town
VICI Properties is a top gaming and experiential REIT with strong growth, disciplined management, and a favorable valuation, making it an "easy" Buy with 20% return expectations. Crown Castle, a major...
American Tower Corporation Declares Quarterly Distribution
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors declared a quarterly cash distribution of $1.62 per share on shares of the Company's common stock....
American Tower to Present at the UBS Global Media and Communications Conference
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that Rod Smith, its Executive Vice President, Chief Financial Officer and Treasurer, is scheduled to present at the UBS ...
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...
The U.S. Election's Impact On REITs
Donald Trump's proposed policies could impact inflation and interest rates. They could also impact individual property sectors. We explain the impact on residential, industrial, cell tower, healthcare...
7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, ...