AMT - American Tower Corporation (REIT)

NYSE - NYSE Delayed Price. Currency in USD
193.65
-1.06 (-0.54%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close194.71
Open194.24
Bid0.00 x 2200
Ask195.70 x 800
Day's Range193.21 - 196.79
52 Week Range133.53 - 196.79
Volume2,050,293
Avg. Volume1,815,522
Market Cap85.426B
Beta (3Y Monthly)0.33
PE Ratio (TTM)69.91
EPS (TTM)2.77
Earnings DateApr 29, 2019 - May 3, 2019
Forward Dividend & Yield3.60 (1.85%)
Ex-Dividend Date2018-12-26
1y Target Est181.75
Trade prices are not sourced from all markets
  • Business Wire3 days ago

    American Tower Corporation Calls for Redemption All of Its Outstanding 5.050% Senior Notes

    American Tower Corporation (AMT) today announced its election to call for redemption all of its outstanding 5.050% senior unsecured notes due 2020. The redemption date has been set for April 22, 2019. In accordance with the redemption provisions of the notes and the Indenture, dated as of May 13, 2010, as supplemented by the Supplemental Indenture No. 1, dated as of August 16, 2010, the notes will be redeemed at a price equal to the principal amount of the notes plus a make-whole premium calculated pursuant to the terms of the indenture, together with accrued and unpaid interest, if any, up to, but excluding, the redemption date.

  • 7 5G Stocks to Buy as the Race for Spectrum Tightens
    InvestorPlace4 days ago

    7 5G Stocks to Buy as the Race for Spectrum Tightens

    {Editor's note: This story was previously published in Jan. 2019. It has since been updated and republished.]Telecommunications technology has always been an ultra-competitive business. But with the advent of airwave auctions, figuring out which 5G stocks to buy just got a lot more interesting. Sector players are leaving no stone unturned as they battle for prime network coverage. Municipalities and entire nations selling their airwave rights in return for lucrative contracts with telecom giants is nothing new. Because of the 5G revolution, however, an increased number of countries are engaging in airwave auctions for the first time. It's a trend that will likely proliferate.According to a Bloomberg report, Italy auctioned off $7.6 billion of high-speed airwaves. The massive sum was actually twice as much as the Italian government anticipated. That's obviously good for the Mediterranean country, which has suffered significant economic viability concerns. The impact of 5G, however, remains questionable in both the short- and long-term.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFirst, we must consider the obvious. In the Italian sector's case, $7.6 billion is a lot of money, especially for many deeply indebted telecom firms. Several 5G stocks are now levered to a huge, binary risk. If things go sour, these names could quickly fall out of the list of stocks to buy. Second, it's not clear how ultra-fast airwaves will impact 5G stocks. The next-generation network has multiple uses beyond quick download speeds, such as gaming and driverless vehicles. If these stated functions experience their own hiccups, that could hurt the telecom industry's big gamble. * 5 Cloud Stocks to Help Your Portfolio Fly Personally, I'm skeptical of pure driverless vehicles. That said, we won't know how far we can go until we integrate the appropriate infrastructure. If you're ready for the risk, here are seven 5G stocks to buy: Verizon Communications (VZ)Typically, we remember the company that innovated first. For Verizon Communications (NYSE:VZ), this first-to-market advantage is a significant one, making VZ stock an interesting bull case. As our own James Brumley explains, VZ stock isn't necessarily a perfect play for the upcoming network revolution. Brumley writes, "Though technically speaking Verizon's entry into the race is neither the first 5G network nor the version of 5G connectivity that will become the industry standard, owners of Verizon stock need not be discouraged."That's because VZ stock struck first, leaving its key competitors scrambling for a response. For a few target markets -- Indianapolis, Houston, Los Angeles and Sacramento -- Verizon members will have the joys of wireless 5G broadband internet service delivered to their homes.True, VZ stock isn't quite yet a pure name among 5G stocks to buy because its 5G mobile service isn't available. But then again, no one is ready, as even most smartphones aren't equipped to handle 5G.Once they are, however, Verizon is in prime position. It has aggressively worked with city governments to secure lucrative airwave rights. In a few years, Verizon stock will be a very serious player in 5G. AT&T (T)In recent times, AT&T (NYSE:T) has become one of the most aggressive stocks investors can buy. Management is not afraid to shell out big bucks to make critical acquisitions. That was on display when AT&T bought out Time Warner for over $85 billion. So it might seem strange that the company is currently playing second fiddle to Verizon in 5G.Ordinarily, I would be worried. However, T stock is not your average investment. In this particular case, I don't mind AT&T not chasing after the 5G hype train. Don't get me wrong: I believe in the next-gen wireless revolution. But for AT&T, waiting to measure twice and cut once is worth the initial pain.As Brumley suggested, Verizon used non-standard equipment to secure pole position among 5G stocks. AT&T will roll out its high-speed network with equipment that will eventually be the industry's gold standard. I think management is being prudent primarily because T stock is highly leveraged from the Time Warner buyout. They should wait to get it right the first time. * 5 Cloud Stocks to Help Your Portfolio Fly Even if Verizon or any other competitor steals the spotlight, the situation is only temporary. AT&T already enjoys enviable network assets, and it's putting them to good use with their "5G Evolution". Once the broader infrastructure is set for true 5G, look for T stock to take off. Intel (INTC)For millennials and older generations, Intel (NASDAQ:INTC) has earned most of its fame as a semiconductor firm. While the PC chip-making business isn't going to go away anytime soon, we've seen a dramatic shift to cloud computing. Eventually, INTC stock will only be known for its innovations in the cloud, and for related sectors like data centers.This trend allows for natural synergies for the 5G revolution. Rather than just provide equipment to handle these advanced airwaves, Intel has a holistic approach. For instance, with 5G, the company can take their virtual-reality endeavors to the next level. We saw a glimpse of their impressive portfolio during the last Winter Olympics when they broadcast events in VR.Intel is also looking to revolutionize transportation, and not just through driverless vehicles. With a 5G-connected municipality, the company can help maximize transportation efficiencies for both personal and commercial purposes. Finally, Intel is looking toward smart-health solutions. With 5G's inherent low-latency (the time it takes to transmit data between devices), medicine can experience its own paradigm-shift.Intel isn't just thinking about current uses -- it has a broader perspective. For this and many other reasons, INTC stock is one of the best 5G stocks to buy. Qualcomm (QCOM)As great as this next-gen wireless innovation is, all 5G stocks currently face two lagging issues: structural and technical. The structural component revolves around what companies like Verizon and AT&T are fighting over, namely, airwave rights. You can't have 5G if the physical foundation doesn't support this upgraded network speed.The other lag is technical. Practically speaking, your phone doesn't have 5G capacity, so right now, it's a moot point. Qualcomm (NASDAQ:QCOM) is looking to change that reality. In July, Qualcomm introduced state-of-the-art radio-frequency antenna modules that are extremely compact, yet can accommodate 5G airwaves. The company recently unveiled 5G-capable mobile platforms. * 5 Cloud Stocks to Help Your Portfolio Fly The tech giant could use some stability in the markets. While no one questions Qualcomm's technical wizardry, QCOM stock has been one of the wildest among 5G stocks. As the innovation becomes an accepted reality, we should see bullish sentiment regain firm control. American Tower (AMT)American Tower (NYSE:AMT) is what I would consider a hybrid name among 5G stocks to buy. As InvestorPlace contributor Will Healy mentioned, 4G-equipped mobile devices require massive cell towers to function properly. But 5G? These are high-frequency waves that support faster data transmissions, but don't travel as far as prior-gen wireless waves.Therefore, the name of the game is shorter cell posts and in greater amounts. That's why telecoms integrate 5G equipment into already-existing infrastructures. You'd think that would put AMT stock at a disadvantage. But as Healy explains, 5G-specific cells must communicate with larger towers. Also, American Tower's smaller structures would have new life.Another advantage for AMT stock is its international networks. Not all countries, especially the developing ones, will upgrade to 5G simultaneously. It took more than half-a-decade to fully roll out 4G, so that business will not go away so quickly. Skyworks Solutions (SWKS)Although the high-speed wireless rollout is a net boost for 5G stocks, not all players are feeling the love. Case in point is Skyworks Solutions (NASDAQ:SWKS). Over the past year, SWKS stock is down approximately 24%. The more concerning part is that SWKS has lost significant momentum …But if you're bullish on 5G stocks, you should give Skyworks more than just a passing glance.Widely known for providing radio-frequency chips for Apple (NASDAQ:AAPL), Skyworks is stepping up to the 5G revolution. In late July, the company unveiled its state-of-the-art antenna aperture tuners. These are incredibly compact, and provide enhanced bandwidth coverage to accommodate 5G airwaves. * 5 Cloud Stocks to Help Your Portfolio Fly Beyond that, SWKS stock has other viable businesses that can help mitigate the volatility in the telecom sector. Skyworks levers significant expertise in industrial solutions, automotive design and smart-home platforms. In other words, the company is involved in too many lucrative markets to stay deflated indefinitely. Vodafone (VOD)Anytime I cover a gallery of stocks to buy, I always like to offer at least one speculative name. Granted, you ideally want to load up your portfolio with winning names. But market gambles are like cannabis: no one really talks about it openly, but you know almost everyone does it.So my knife-catching opportunity for 5G stocks is Vodafone (NASDAQ:VOD). Unless your sporting activities only revolve around watching NASCAR and wrenching on your truck, you've heard of Vodafone. For NASCAR fans, Vodafone is a British multinational telecom giant. In fact, buying VOD stock makes you an owner of the second-biggest mobile network operator in the world.Unfortunately, that hasn't meant much to Wall Street. In the past year, VOD stock has hemorrhaged an agonizing 31%. Its aggressive bidding for European airwave auctions hasn't really charmed investors, who have been worried about its massive debt.But the old adage is that you have to spend money to make money. The 5G transition, once fully implemented, could dramatically alter the telecom landscape. At that point, those early (and painful) investments could pay off significantly.Undoubtedly, VOD stock is a huge risk, but one that isn't completely crazy.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post 7 5G Stocks to Buy as the Race for Spectrum Tightens appeared first on InvestorPlace.

  • Equity Residential (EQR) Announces 5.1% Hike in Dividend
    Zacks9 days ago

    Equity Residential (EQR) Announces 5.1% Hike in Dividend

    Given Equity Residential's (EQR) solid fundamentals and increasing available cash flows, the company remains well poised to capitalize on growth opportunities and reward shareholders accordingly.

  • Barrons.com10 days ago

    3 More Outstanding Funds for Dividend Investors

    The Barron’s Income column has presented the five top-performing dividend ETFs and the five leading actively managed dividend mutual funds over the past five years. Here are three more strongly performing actively managed dividend funds.

  • American Tower (AMT) Q4 FFO and Revenues Top Estimates
    Zacks10 days ago

    American Tower (AMT) Q4 FFO and Revenues Top Estimates

    American Tower (AMT) delivered FFO and revenue surprises of 4.35% and 5.35%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • How to Invest in Infrastructure Stocks
    Motley Fool11 days ago

    How to Invest in Infrastructure Stocks

    Here's a primer on the global infrastructure investment opportunity.

  • 3 Ways to Trade the Data and Infrastructure Sector
    Investopedia11 days ago

    3 Ways to Trade the Data and Infrastructure Sector

    Bullish chart patterns in the sector of real estate related to data and infrastructure suggest that now could be the ideal time to buy.

  • Business Wire12 days ago

    American Tower Corporation Prices Senior Notes Offering

    American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2024 and 2029, in aggregate principal amounts of $650.0 million and $600.0 million, respectively. The net proceeds of the offering are expected to be approximately $1,231.0 million, after deducting underwriting discounts and estimated offering expenses. American Tower intends to use the net proceeds to repay existing indebtedness under its multicurrency senior unsecured revolving credit facility entered into in June 2013, as amended, and its senior unsecured revolving credit facility entered into in January 2012, as amended and restated in September 2014, as further amended.

  • Markit12 days ago

    See what the IHS Markit Score report has to say about American Tower Corp.

    American Tower Corp NYSE:AMTView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for AMT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AMT had net inflows of $5.69 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. AMT credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • What Should You Know About The Future Of American Tower Corporation (REIT)’s (NYSE:AMT)?
    Simply Wall St.13 days ago

    What Should You Know About The Future Of American Tower Corporation (REIT)’s (NYSE:AMT)?

    The latest earnings release American Tower Corporation (REIT)'s (NYSE:AMT) announced in December 2018 signalled that the company benefited from a slight tailwind, leading to a single-digit earnings growth of 6.6%.Read More...

  • American Tower (AMT) Rewards Investors With 7.1% Dividend Hike
    Zacks13 days ago

    American Tower (AMT) Rewards Investors With 7.1% Dividend Hike

    With a stellar funds from operations (FFO) growth picture, American Tower's (AMT) hiked dividends will likely be sustainable over the long term.

  • Barrons.com15 days ago

    Applied Materials and 3 Other Stocks That Hiked Their Dividends This Week

    Applied Materials stock took a hit last month when the chip equipment maker gave a disappointing sales forecast for its April quarter. But investors got some encouraging news in a 5% dividend increase.

  • Business Wire17 days ago

    American Tower Corporation Declares Quarterly Distribution

    American Tower Corporation announced that its board of directors declared its quarterly cash distribution of $0.90 per share on shares of the Company’s common stock. The distribution is payable on April 26, 2019 to such stockholders of record at the close of business on April 11, 2019.

  • GlobeNewswire19 days ago

    New Research: Key Drivers of Growth for American Tower Corporation (REIT), Lowe's Companies, Mimecast, Live Nation Entertainment, Intercept Pharmaceuticals, and Coherus BioSciences — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, March 05, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • Thomson Reuters StreetEvents20 days ago

    Edited Transcript of AMT earnings conference call or presentation 27-Feb-19 1:30pm GMT

    Q4 2018 American Tower Corp Earnings Call

  • American Tower Corporation (AMT) Q4 2018 Earnings Conference Call Transcript
    Motley Fool25 days ago

    American Tower Corporation (AMT) Q4 2018 Earnings Conference Call Transcript

    AMT earnings call for the period ending December 31, 2018.

  • American Tower Delivers High-Speed Growth in Q4
    Motley Fool25 days ago

    American Tower Delivers High-Speed Growth in Q4

    The telecom tower REIT expects to hit a speed bump in 2019 due to issues in India.

  • American Tower's (AMT) Q4 AFFO Up Y/Y, Revenues Top Estimates
    Zacks25 days ago

    American Tower's (AMT) Q4 AFFO Up Y/Y, Revenues Top Estimates

    American Tower's (AMT) Q4 results reflect impressive growth in property and services segmental revenues. Further, higher operating income aids results.

  • Investing.com25 days ago

    American Tower Earnings miss, Revenue beats In Q4

    Investing.com - American Tower (NYSE:AMT) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.

  • What's in Store for Uniti Group (UNIT) This Earnings Season?
    Zacks26 days ago

    What's in Store for Uniti Group (UNIT) This Earnings Season?

    Industry tailwinds like carrier densification and escalating investment for 5G deployment to boost Uniti Group's (UNIT) revenues in Q4. However, customer concentration remains a concern.

  • What's in the Cards for American Tower (AMT) in Q4 Earnings?
    Zacks27 days ago

    What's in the Cards for American Tower (AMT) in Q4 Earnings?

    Higher investment in 5G deployment is likely to boost American Tower's (AMT) activity in Q4. Yet, Indian carrier consolidation-driven churn will result in revenues lost from cancellations.

  • Business Wirelast month

    American Tower Corporation to Present at the Deutsche Bank 2019 Media, Internet and Telecom Conference

    American Tower Corporation today announced that Tom Bartlett, its Executive Vice President and Chief Financial Officer, is scheduled to present at the Deutsche Bank 2019 Media, Internet and Telecom Conference in Palm Beach, Florida, on Tuesday, March 12, 2019 at 10:35 a.m.

  • Business Wirelast month

    American Tower Corporation to Present at the Raymond James 40th Annual Institutional Investors Conference

    American Tower Corporation today announced that Igor Khislavsky, its Senior Director, Investor Relations, is scheduled to present at the Raymond James 40th Annual Institutional Investors Conference in Orlando, Florida, on Monday, March 4, 2019 at 11:35 a.m.

  • What's in Store for Public Storage's (PSA) Q4 Earnings?
    Zackslast month

    What's in Store for Public Storage's (PSA) Q4 Earnings?

    Public Storage's (PSA) Q4 performance will likely reflect solid demand and benefits from its acquisition and expansion efforts, though supply has been rising in a number of its markets.