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American Tower Corporation (AMT)

NYSE: AMT · Delayed Price · USD
290.99
-0.20 (-0.07%)
After-hours:Sep 20, 2021 7:29 PM EDT
291.19
-2.56 (-0.87%)
At close: Sep 20, 4:00 PM
Market Cap133.70B
Revenue (ttm)8.59B
Net Income (ttm)2.22B
Shares Out450.62M
EPS (ttm)4.96
PE Ratio58.66
Forward PE51.81
Dividend$4.86 (1.67%)
Ex-Dividend DateSep 27, 2021
Volume2,374,735
Open291.54
Previous Close293.75
Day's Range287.61 - 294.19
52-Week Range195.55 - 303.72
Beta0.23
AnalystsBuy
Price Target307.95 (+5.8%)
Est. Earnings DateOct 28, 2021

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 approximately 181,000 communications sites.

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

Financial Performance

In 2020, American Tower's revenue was $8.04 billion, an increase of 6.08% compared to the previous year's $7.58 billion. Earnings were $1.69 billion, a decrease of -10.45%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for American Tower stock is "Buy." The 12-month stock price forecast is 307.95, which is an increase of 5.76% from the latest price.

Price Target
$307.95
(5.76% upside)
Analyst Consensus: Buy

News

3 5G Stocks to Buy Right Now

We're just scratching the surface of 5G's potential. These three companies are destined to benefit from 5G expansion.

Other symbols:MSFTVZ
1 day ago - The Motley Fool

American Tower (AMT) Cheers Investors with 3.1% Dividend Hike

American Tower's (AMT) recent dividend hike portrays the company's operational strength and commitment toward rewarding its shareholders handsomely.

3 days ago - Zacks Investment Research

7 Infrastructure Stocks to Buy as Biden Seeks a PR Reset

After a disastrous pullout from Afghanistan, President Biden needs a PR change. Bolstering infrastructure stocks can help.

Other symbols:BEPEXPJMMPNUEVLTA
3 days ago - InvestorPlace

American Tower to Present at the Goldman Sachs 30th Annual Communacopia 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 the Goldman Sachs 30th ...

4 days ago - Business Wire

American Tower Corporation Declares Quarterly Distribution and Calls for Redemption All of Its Outstanding 4.70% Seni...

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that its board of directors has declared its quarterly cash distribution of $1.31 per share on shares of the Company's com...

4 days ago - Business Wire

3 No-Brainer Stocks Begging to Be Bought Right Now

Looking for the next big thing? Finding great stocks doesn't have to be complicated.

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1 week ago - The Motley Fool

3 Recession-Ready Stocks to Buy in September

Prepare for another round of COVID-19 lockdowns.

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2 weeks ago - The Motley Fool

10 Best REITs for the Rest of 2021

Real estate stocks have done well in 2021; several signs suggest this outperformance could continue. These are 10 of the best REITs to watch through year's end.

2 weeks ago - Kiplinger

10 Best Stocks to Buy if ESG Investing Is Your Thing

If you're into ESG investing and are looking for stocks to buy, Morningstar created a portfolio of ESG mutual funds. Here are 10 solid ideas.

3 weeks ago - InvestorPlace

5 Stocks Likely to Make the Most of the Booming Demand for 5G

The demand for 5G seems poised to grow going forward as the technology offers benefits like higher speeds and lower latency, making it prudent to look at stocks like Apple (AAPL), Corning (GLW) and Noki...

Other symbols:AAPLGLWNOKQCOM
3 weeks ago - Zacks Investment Research

3 Dividend Stocks I'd Buy Right Now

There's always room for great dividend payers in your portfolio.

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4 weeks ago - The Motley Fool

“Backdoor” Infrastructure Stocks To Buy In 2021

We contrarians should pay attention to the winners—and their stocks—because that's where fortunes will be made.

1 month ago - Forbes

7 Infrastructure Stocks to Buy as the $1 Trillion Flows In

Investors should look for these infrastructure stocks to benefit as the $1 trillion infrastructure spending is rolled out across the U.S. The post 7 Infrastructure Stocks to Buy as the $1 Trillion Flows...

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1 month ago - InvestorPlace

7 Telecom Stocks to Buy to Dial Out Market Anxiety

With a low-interest rate environment and uncertainty about what lies next, telecom stocks offer a reasonably reliable opportunity. The post 7 Telecom Stocks to Buy to Dial Out Market Anxiety appeared fi...

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1 month ago - InvestorPlace

American Tower Corporation Releases 2020 Sustainability Report

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the release of its 2020 sustainability report. The report provides a comprehensive overview of how American Tower is manag...

1 month ago - Business Wire

American Tower to Present at the Cowen 7th Annual Communications Infrastructure Summit

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that Steve Vondran, its Executive Vice President and President, U.S. Tower Division, is scheduled to present at the Cowen ...

1 month ago - Business Wire

Investing in Africa

Discussing the business environment in Africa and what trends might drive it in the next decade.

1 month ago - The Motley Fool

American Tower (AMT) Q2 AFFO & Revenues Surpass Estimates

American Tower (AMT) delivers stellar Q2 results on strong organic tenant billing growth and improving property revenues.

1 month ago - Zacks Investment Research

American Tower Beats On Q2 Revenue Aided By Property Revenue Growth

American Tower Corp (NYSE: AMT) reported second-quarter FY21 revenue growth of 20.2% year-on-year to $2.3 billion, beating the analyst consensus of $2.19 billion. Property revenue increased 17.9% Y/Y to...

1 month ago - Benzinga

American Tower (AMT) Q2 FFO and Revenues Surpass Estimates

American Tower (AMT) delivered FFO and revenue surprises of 3.42% and 4.57%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

5 Stocks to Watch Amid the Continued 5G Boom

5G deployment is making steady progress and investors should keep a close watch on Skyworks Solutions (SWKS), Broadcom (AVGO), American Tower (AMT), Qualcomm (QCOM) and Ciena (CIEN).

Other symbols:AVGOCIENQCOMSWKS
1 month ago - Zacks Investment Research

American Tower Corporation Reports Second Quarter 2021 Financial Results

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2021. Tom Bartlett, American Tower's Chief Executive Officer, stated, “In ...

1 month ago - Business Wire

Why American Tower (AMT) Might Surprise This Earnings Season

American Tower (AMT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Is Beat in Store for American Tower (AMT) This Earnings Season?

While American Tower's (AMT) acquisition strategies and geographically-diversified portfolio are likely to have aided in Q2, elevated churn in certain emerging markets might have been a deterrent.

1 month ago - Zacks Investment Research

Parnassus' Roundtable Stock Picks

Barron's, a famous weekly financial newspaper, organizes an annual roundtable with prominent U.S. investors where they discuss the market and give their opinions on their best ideas for stocks.

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2 months ago - GuruFocus