AMT - American Tower Corporation (REIT)
211.56 0.00 (0.00%)
After hours: 5:08PM EST
| Previous Close | 210.00 |
| Open | 210.67 |
| Bid | 210.90 x 900 |
| Ask | 211.61 x 800 |
| Day's Range | 210.00 - 212.30 |
| 52 Week Range | 150.67 - 242.00 |
| Volume | 1375170 |
| Avg. Volume | 1,619,826 |
| Market Cap | 94B |
| Beta (3Y Monthly) | 0.40 |
| PE Ratio (TTM) | 58.75 |
| EPS (TTM) | 3.60 |
| Earnings Date | Feb 25, 2020 - Mar 2, 2020 |
| Forward Dividend & Yield | 3.61 (1.72%) |
| Ex-Dividend Date | 2019-09-26 |
| 1y Target Est | 226.79 |
- Zacks
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Verizon Communications, Accenture, General Electric and American Tower
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Verizon Communications, Accenture, General Electric and American Tower
- Zacks
Top Analyst Reports for Berkshire Hathaway, Verizon & Accenture
Top Analyst Reports for Berkshire Hathaway, Verizon & Accenture
- InvestorPlace
3 Big Stock Charts for Friday: Advance Auto Parts, iQiyi, and Crown Castle International
U.S. stocks seem to have returned to normal. A two-and-a-half session sell-off has been followed by a rally of equal length. While broad market indices remain modestly off their highs, it does seem like stability, at least, has returned heading into 2020.Source: Shutterstock In that context, the question at the moment is whether there's enough time, and enough optimism, for one more leg higher before year-end. And that question is of particular importance when looking at Friday's big stock charts. * 7 Hot Stocks for 2020's Big Trends All three stocks have missed out on at least part of this year's rally. And all three big stock charts show at least the potential for a breakout in the near-term. It will take some outside help, however -- with stronger broad market sentiment the simplest source at the moment.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Advance Auto Parts (AAP)Source: Provided by Finviz So far, 2019 has not been kind to Advance Auto Parts (NYSE:AAP). AAP stock actually has declined a bit over 3% this year, making it one of just 81 stocks in the S&P 500 in the red for 2019. The first of Friday's big stock charts suggests the news could get worse -- but there's hope for a reversal: * The exit from an ascending triangle pattern last week generally is a bearish move, and indeed AAP stock saw a small gap down on Tuesday. It seems likely that $154, which formerly acted as support, is reversing to resistance. That, too, suggests a negative outlook. * That said, AAP has found its footing in the past two sessions, with modest declines on heavy buying. There are buyers willing to step in at the moment. And if AAP can find a way to grind higher, there is some reason for bullishness. $154 could again act as support. Moving averages will come in. * Click to Enlarge Source: Provided by Finviz From a broad perspective, this simply is a stock still looking for direction. That's true looking at 2019 trading and going back to early 2016. With some bullishness toward the sector and/or broad markets, the stock's direction could reverse. * The concerns might be both valuation and the lack of a catalyst. AutoZone (NYSE:AZO) reports earnings next week, and good news could read across to both AAP stock and rival O'Reilly Automotive (NASDAQ:ORLY). But AZO stock has a similar valuation to AAP, and Advance Auto Parts earnings last month disappointed. Good news from AutoZone might lead investors to buy AZO moreso than AAP. So while there's potential for an upside reversion in Advance Auto Parts stock, this may be a 2020 story without a significant year-end market-wide rally. iQiyi (IQ)Source: Provided by Finviz The setup is there for Chinese streaming video play iQiyi (NASDAQ:IQ). If IQ stock can rally, the second of our big stock charts shows a path toward a breakout: * There's clear resistance from a near-term standpoint. IQ stock twice has stalled out at $20 in recent months. The broader trend is still modestly negative. And the 200-day moving average sits right at current levels. But if IQ stock can move above $20, the trend will look positive. The stock would make a bullish exit from a narrowing wedge. It would have cleared all three moving averages, and broken out the downtrend that has held since May. * All that said, a reversal is possible as well, given the multiple trendlines creating resistance. A reversal likely would move the stock back toward support around $17. * As I wrote this week, the swing factor might be the broader market. As I noted in October, IQ stock has somewhat missed out in the rally in Chinese stocks due to a reticence by U.S. investors to pay up for unprofitable companies. Shares still have lagged the likes of JD.com (NASDAQ:JD) and Alibaba (NYSE:BABA), both of which have reached 52-week highs in recent weeks. Investors are willing to take on China risk. If they're back to taking on growth stock risk as well, a breakout looms for iQiyi stock. Crown Castle International (CCI)Source: Provided by Finviz Celullar tower real estate investment trust Crown Castle International (NYSE:CCI) has struggled since reaching an all-time high in September. But CCI stock has righted itself over the last month, and the last of Friday's big stock charts shows hope for a rebound: * CCI stock is in the middle of a downtrend at the moment -- but it's also in the middle of a narrowing wedge. A move through the 50-day moving average would challenge a key pivot point at $138, and set shares up for a bullish exit. The trend certainly isn't confirmed yet, but a continued near-term rally could set up a breakout that would re-test September highs. * Meanwhile, valuation is reasonable. The stock trades at 22.7x the midpoint of 2019 guidance for adjusted funds for operations per share. Looking to 2020, the multiple drops closer to 21x. A 3.56% dividend yield adds to the case, particularly in a low interest rate environment and with the payout hiked 7% in October. * Click to Enlarge Source: Provided by Finviz It may be the sector, and 5G stocks more broadly, that define the near-term direction of CCI stock. Perhaps surprisingly, 5G plays have struggled of late. Qualcomm (NASDAQ:QCOM) has reversed since earnings. Nokia (NYSE:NOK) plunged after its Q3 report. And rival American Tower (NYSE:AMT) has a similar chart (and perhaps stronger hopes for a breakout from a descending triangle), though a higher valuation and lower yield. If bullishness toward 5G returns, the chart sets CCI up to be a prime beneficiary.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post 3 Big Stock Charts for Friday: Advance Auto Parts, iQiyi, and Crown Castle International appeared first on InvestorPlace.
- Thomson Reuters StreetEvents
Edited Transcript of AMT earnings conference call or presentation 31-Oct-19 12:30pm GMT
Q3 2019 American Tower Corp Earnings Call
- Business Wire
American Tower Corporation to Present at the UBS Global TMT Conference
American Tower Corporation today announced that Rod Smith, its Senior Vice President, Corporate Finance and Treasurer, is scheduled to present at the UBS Global TMT Conference in New York, New York, on Tuesday, December 10, 2019 at 10:00 a.m.
- Kiplinger
The 13 Best REITs to Own in 2019
Real estate investment trusts (REITs) - a way for investors to gain access to assets such as apartments and office buildings while often collecting generous yields - had a disappointing 2018. With just a few days left to go in the year, the Vanguard REIT ETF (VNQ) had lost 13.5% compared to a 12% decline for the broader market. This contrasts with 10-year average annual gains of just more than 12% for the VNQ.Will REITs bounce back in 2019? Well, the same fear that hampered these real-estate plays in 2018 - rising interest rates - still is on the board for the coming year. And higher rates on bonds sometimes hamper the performance of REITs.However, these companies are not created equal. The best REITs for 2019 could benefit from other powerful trends in 2019. For instance, cloud computing's growth should continue to fuel robust demand for data storage services. A massive infrastructure spending bill could improve the fortunes of related REIT plays. And mobile-data growth, as well as the rollout of lightning-fast 5G technology, offers potential growth for cell-tower REITs.Here are the 13 best REITs to buy and hold in 2019. Not only should they benefit from broad trends that could help them outperform their brethren, but REITs as a whole are trading at much more palatable valuations lately. Moreover, average dividend yields in the space currently exceed 4%; all the more reason for investors to stick with REITs if market rockiness continues in the coming year. SEE ALSO: The 10 Best REITs to Buy for 2020
- Insider Monkey
Hedge Funds Are Betting On American Tower Corporation (REIT) (AMT)
We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds' top 3 stock picks returned 39.1% this year and beat the S&P […]
- Investopedia
Real Estate ETFs Bounce From Key Support
Real estate sits among the market's top-performing sectors in 2019. Join the momentum by trading a pullback in these real estate ETFs.
- Investopedia
Top Real Estate Stocks for December 2019
These are the real estate stocks with the best value, fastest growth, and most momentum for December.
- TheStreet.com
American Tower: Look to Position It From the Long Side
In this daily bar chart of AMT, below, we can see that prices have indeed declined from an early September peak. Earlier this month prices successfully tested the rising 200-day moving average line. The trading volume increased in late October and early November as prices retested the 200-day line and that suggests that some investors probably stepped in to buy.
- GuruFocus.com
Chuck Akre's Biggest Transactions for the 3rd Quarter
Guru's firm buys Brookfield, sells Ameritrade and Ubiquiti Continue reading...
- GuruFocus.com
Bridgewater's Top 5 New Buys in the 3rd Quarter
Firm of the great Ray Dalio buys Taiwan-focused ETF Continue reading...
- ETF Trends
TOLZ: An ETF Focused Exclusively on Pure-Play Infrastructure
Pure-play infrastructure companies are the owners and operators of infrastructure assets, such as toll roads, airports, pipelines and communication towers. With their near monopolistic positions, continual demand and limited sensitivity to economic cyclicality, these companies, as a group, have had stable, predictable cash flows, attractive yields and are poised to benefit from increasing global infrastructure spending.
- MoneyShow
American Tower is a Safe Way to Dial Up 5G
5G is shorthand for the fifth generation of technology. 5G is superior to 4G in a few important respects. One is that it's faster--much faster, explains Eddy Elfenbein, editor of Growth Stock Weekly.
- Zacks
Should First Trust Capital Strength ETF (FTCS) Be on Your Investing Radar?
Style Box ETF report for FTCS
- Simply Wall St.
Have Insiders Sold American Tower Corporation (REIT) (NYSE:AMT) Shares Recently?
Anyone interested in American Tower Corporation (REIT) (NYSE:AMT) should probably be aware that the Senior VP of...
- Kiplinger
5 REITs That Make the Cloud Pay You Dividends
Most investors know about tech stocks that have harnessed the cloud for growth, such as Salesforce.com (CRM), Adobe Systems (ADBE) and Amazon.com (AMZN).But are you familiar with the cloud's landlords?"Cloud czars" don't operate entirely on their own. There's a huge industry in connecting these clouds to each other, and to large and small customers alike. It requires cell towers, data centers and other communications technology.A number of real estate investment trusts (REITs) specialize in properties and other assets that ensure your tablet can stream Netflix (NFLX) content and that your company's data is secured in the cloud. As a reminder: REITs are a special type of business structure - one that requires at least 90% of taxable income be paid out to shareholders as dividends, in exchange for generous tax benefits.Many of these stocks have risen by leaps and bounds in 2019, though they're getting expensive as a result. Still, they sit smack-dab in the middle of a growth industry, and some of them remain valuable as takeover targets. Private equity firms EQT Partners and Digital Colony Partners bought fiber network owner Zayo Group for $8 billion in May. And in October, Digital Realty Trust (DLR) bought European data center giant Interxion (INXN) for $8.4 billion.Here are five REITs that can help you squeeze dividends out of the cloud. If you're looking for a broad-based play on the industry, the Pacer Benchmark Data & Infrastructure Real Estate ETF (SRVR) invests in 20 such companies. However, these five holdings stand out among the rest. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
- Zacks
AGNC Investment's (AGNC) Stock Up 3.5% on Q3 Earnings Beat
Growth in comprehensive income per common share and lower cost of funds buoy AGNC Investment's (AGNC) Q3 earnings.
- Zacks
American Tower (AMT) Surpasses Q3 AFFO & Revenue Estimates
Encouraging growth in property segmental revenues and higher adjusted EBITDA drives American Tower's (AMT) Q3 performance.
- Zacks
American Tower (AMT) Q3 FFO and Revenues Beat Estimates
American Tower (AMT) delivered FFO and revenue surprises of 2.04% and 5.04%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
American Tower Corporation Reports Third Quarter 2019 Financial Results
CONSOLIDATED HIGHLIGHTS Third Quarter 2019
- Investing.com
American Tower Earnings, Revenue Beat in Q3
Investing.com - American Tower reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
- Zacks
Taubman Centers' (TCO) Q3 FFO & Revenues Miss Estimates
While fall in comparable center NOI and rise in interest expense hurt Taubman Centers' (TCO) Q3 performance, increase in ending occupancy in comparable centers provide support to some extent.
- Zacks
Buy American Tower Corporation (AMT) Ahead of Q3 Earnings?
American Tower Corporation (AMT) is set to report its third quarter results Thursday, October 31 before the opening bell.
