American Tower/AMT

$174.71

1.39%
-
1D1W1MYTD1YMAX

About American Tower

American Tower Corporation is a holding company. The Company operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications real estate. Its segments include U.S. & Canada property, Asia-Pacific property, Africa property, Europe property, Latin America property, Data Centers and Services. Its primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. Its Data Centers segment relates to data center facilities and related assets that the Company owns and operates in the United States. Its Services segment offers tower-related services in the United States, including AZP, structural analysis and construction management, which primarily support its site leasing business, including the addition of new tenants and equipment on its communications sites.

Ticker

AMT

Sector

Real Estate

Trading on

NYSE

Industry

Rental & Leasing

CEO

Steven Vondran

Employees

5,643

Headquarters

Boston, United States

American Tower Metrics

BasicAdvanced
$79.99B
Market cap
53.94
P/E ratio
$3.18
EPS
0.71
Beta
$6.31
Dividend rate
3.78%
Dividend yield
$79.99B
0.70905
$219.10
$154.58
2.51M
$6.31
0.512
851.174
927.1
203.61%
48.658
2.79%
2.05%
30.36%
2.63%
53.937
7.178
19.026
2.13%
3.68%
3.78%
4.04%
-17.3%
11.49%
-5.73%
13.37%

What the Analysts think about American Tower

Analyst Ratings

Majority rating from 22 analysts.
Buy

Price Targets

Average projection from 17 analysts.
30.5% upside
High $245.00
Low $196.00
$174.71
Current price
$228.00
Average price target

American Tower Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
3.04% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$2.79B
-1.13%
Net income
$84.9M
-85.53%
Profit margin
3.04%
-85.4%

American Tower Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 80.89%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.72
$1.02
$1.26
$0.18
-
Expected
$1.09
$1.10
$1.13
$0.94
$1.78
Surprise
-34.08%
-7.18%
11.59%
-80.89%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for American Tower stock?

American Tower (AMT) has a market cap of $79.99B as of April 23, 2024.

What is the P/E ratio for American Tower stock?

The price to earnings (P/E) ratio for American Tower (AMT) stock is 53.94 as of April 23, 2024.

Does American Tower stock pay dividends?

Yes, the American Tower (AMT) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is $6.31 and the yield is 3.78%. American Tower has a payout ratio of 203.61% on a trailing twelve-month basis.

When is the next American Tower dividend payment date?

The next American Tower (AMT) dividend payment is scheduled for April 26, 2024.

What is the beta indicator for American Tower?

American Tower (AMT) has a beta rating of 0.71. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the American Tower stock price target?

The target price for American Tower (AMT) stock is $228, which is 30.5% above the current price of $174.71. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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