American Tower Corporation (AMT)

NYSE: AMT · IEX Real-Time Price · USD
250.23 -0.39 (-0.16%)
Jan 18, 2022 4:00 PM EST - Market closed
Market Cap113.96B
Revenue (ttm)9.03B
Net Income (ttm)2.48B
Shares Out455.41M
EPS (ttm)5.51
PE Ratio45.44
Forward PE47.62
Dividend$5.21 (2.08%)
Ex-Dividend DateDec 23, 2021
Volume2,362,917
Open253.64
Previous Close250.62
Day's Range247.78 - 250.97
52-Week Range197.50 - 303.72
Beta0.37
AnalystsBuy
Price Target304.79 (+21.8%)
Earnings DateOct 28, 2021

About AMT

American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the ?Earnings Materials? and ?Investor Presentations? sections of our investor relations website at www.americantower.com.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJun 5, 1998
CEOThomas Bartlett
Employees5,618
Stock ExchangeNYSE
Ticker SymbolAMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for American Tower stock is "Buy." The 12-month stock price forecast is 304.79, which is an increase of 21.80% from the latest price.

Price Target
$304.79
(21.80% upside)
Analyst Consensus: Buy

News

Why Real Estate Investors Should Shift Their Gaze to Data Centers

Major money is shrinking the field, but choices are still there for this high-barriers-to-entry sector.

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Wall Street War: A Tale of Two Cell Tower Analysts

Crown Castle and American Tower receive positive and negative analyst moves in the same week.

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1 week ago - The Motley Fool

American Tower (AMT) Gains As Market Dips: What You Should Know

In the latest trading session, American Tower (AMT) closed at $266.58, marking a +0.64% move from the previous day.

1 week ago - Zacks Investment Research

3 Real Estate Stocks to Buy in January

These three stocks have consistently outpaced the broader market for a decade and are likely to continue to do so for years to come.

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CoreSite Announces New Senior Leadership Team

DENVER--(BUSINESS WIRE)--CoreSite, the leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced new senior leadership appointment...

1 week ago - Business Wire

American Tower Corporation to Present at Citi's AppsEconomy Conference

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that Tom Bartlett, its President and Chief Executive Officer, is scheduled to present virtually at Citi's AppsEconomy Conf...

2 weeks ago - Business Wire

5 REITs Poised to Continue Their Winning Streaks in 2022

Amid the tell-tale signs of an economic revival and with the market dynamics of individual asset categories playing a pivotal role in the operating performances of REITs, these 5 industry participants a...

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2 weeks ago - Zacks Investment Research

American Tower (AMT) Closes Acquisition of CoreSite Realty

American Tower's (AMT) acquisition of CoreSite Realty offers the opportunity to capitalize on the latter's highly interconnected data center facilities and critical cloud on-ramps.

2 weeks ago - Zacks Investment Research

American Tower Completes Acquisition of CoreSite Realty Corporation

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) announced today that it has closed its acquisition of CoreSite Realty Corporation (NYSE: COR) (“CoreSite”) following th...

3 weeks ago - Business Wire

American Tower Announces Expiration of Tender Offer Period for Outstanding Shares of CoreSite Realty Corporation

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) announced today the expiration of its previously announced tender offer for all outstanding shares of common stock of C...

3 weeks ago - Business Wire

Why American Tower Can Continue Its Rapid Growth

Many investors own real estate investment trusts, or REITs, for their generous dividend yields. There are some REITs that offer a lower yield, and though they might not meet the objectives of an income-...

3 weeks ago - GuruFocus

2 Under-the-Radar Infrastructure Stocks to Buy in 2022 and Beyond

Both these companies should get a sustained tailwind from infrastructure spending over the next decade.

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Should You Buy This Fast-Growing 5G Dividend Stock?

American Tower is the leader in the rapidly expanding global telecom tower market. But is it a buy at its current valuation?

3 weeks ago - The Motley Fool

Voya Financial Set to Join S&P MidCap 400

NEW YORK, Dec. 21, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400: Voya Financial, Inc. (NYSE: VOYA) will replace CoreSite Realty Corp. (NYSE: COR) in t...

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4 weeks ago - PRNewsWire

Investing in Infrastructure REITs

A closer look at how to invest in infrastructure REITs.

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The Top 3 REITs in Mobile Towers

From simple texts to the metaverse, this infrastructure is essential and growing.

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The 12 Best REITs to Buy for 2022

Resilient real estate stocks are an apt choice amid uncertainty heading into 2022. These are 12 of the best REITs to consider in the new year.

1 month ago - Kiplinger

American Tower Corporation Announces Election of Teresa H. Clarke to Board of Directors and Declares Quarterly Distri...

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors has elected Teresa H. Clarke as a director. Ms. Clarke is the Chair of Africa.com LLC, a media holdi...

1 month ago - Business Wire

CORESITE REALTY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequ...

NEW ORLEANS, La., Dec. 14, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C.

1 month ago - PRNewsWire

2 Best Stocks to Set You Up for Early Retirement

These two REITs both have a great long-term growth story.

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1 month ago - The Motley Fool

3 REITs for the Next Bear Market

These stocks are likely to rebound quickly in a bear market, making this a great time to buy high-quality REITs at a discount.

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1 month ago - The Motley Fool

Final Trades: Apple, American Tower & more

The "Halftime Report" traders give their top picks to watch for the second half. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: h...

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1 month ago - CNBC Television

American Tower Is Getting Into the Data Center Business

The infrastructure REIT is acquiring a data center company. Here's what investors should know.

1 month ago - The Motley Fool

2 High-Powered Dividend Growth Stocks to Buy for 2022 and Beyond

These companies should deliver above-average dividend growth in the coming years.

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Metaverse Stocks No One Is Talking About

There will be a lot of companies who benefit from the metaverse, and you may not have thought about these three picks before.

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