AMT - American Tower Corporation (REIT)
| Previous Close | 191.17 |
| Open | 190.93 |
| Bid | 192.15 x 1300 |
| Ask | 193.71 x 1300 |
| Day's Range | 190.05 - 193.60 |
| 52 Week Range | 133.53 - 198.19 |
| Volume | 1,311,619 |
| Avg. Volume | 1,871,722 |
| Market Cap | 85.26B |
| Beta (3Y Monthly) | 0.22 |
| PE Ratio (TTM) | 69.64 |
| EPS (TTM) | 2.77 |
| Earnings Date | May 3, 2019 |
| Forward Dividend & Yield | 3.60 (1.83%) |
| Ex-Dividend Date | 2019-04-10 |
| 1y Target Est | 182.06 |
- Barrons.com•4 days ago
5G Can’t Come Soon Enough for These Stocks
The constant flow of news about 5G has been good for tower stocks. Further near-term gains for the group are unlikely, one analyst says.
- American City Business Journals•5 days ago
CBRE names American Tower’s Leah Stearns as CFO
Commercial real estate company CBRE Group Inc. has named an executive of real estate investment trust American Tower Corp., Leah C. Stearns, as its chief financial officer.
- Motley Fool•12 days ago
Why American Tower's Stock Gained 12% in March
The cell tower operator posted solid results in late February, sparking analyst upgrades in March. The company is also revamping its debt portfolio at lower interest rates.
- Simply Wall St.•12 days ago
Can You Imagine How Chuffed American Tower (REIT)'s (NYSE:AMT) Shareholders Feel About Its 141% Share Price Gain?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your mon...
GuruFocus.com•18 days agoSpiros Segalas Trims Buffett's Apple, Buys 2 Stocks in 1st Quarter
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- InvestorPlace•19 days ago
3 Big Stock Charts for Tuesday: American Tower, AT&T and Allstate
Stocks got the new week started on a bullish foot, with the S&P 500 rallying 1.16% on renewed enthusiasm and hope for an economic revival. The index's close of 2,867.19 was its best yet for the year.Bank of America (NYSE:BAC) led the way with a 3.4% gain, though most banks weren't far behind thanks to the inverted yield curve becoming un-inverted again. Advanced Micro Devices (NASDAQ:AMD) was up 3.3%, extending its new, young uptrend.At the other end of the spectrum, Lyft (NASDAQ:LYFT) fell another 11.8% yesterday in its second day of trading. Shares ended the day near $69, falling below their IPO price of $72 as traders dump -- or short -- the newly minted stock of the so-far-unprofitable company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeaded into Tuesday's action, it's the stock charts of Allstate (NYSE:ALL), AT&T (NYSE:T) and American Tower (NYSE:AMT) that merit the most attention. Here's why. AT&T (T)AT&T has been a miserable performer since early 2017, sliding from a price near $42 to a low of less than $27 in December of last year. * The Elite 8 Stocks to Buy for Massive Outperformance Like most other stocks, T has recovered from that deep low. However, as of yesterday shares of AT&T have snapped out of a rut and cleared not one but two important technical hurdles. Click to Enlarge • One of those hurdles is the horizontal resistance level at $31.42, plotted with a red dashed line on the daily chart.• The other ceiling is the white 200-day moving average line, plotted in white on both stock charts. The 200-day line was a decisive technical ceiling in October, ultimately pushing T to even lower lows.• Zooming out to the weekly chart we can see T stock has broken above a falling resistance line, plotted in yellow, that had been guiding it lower since the beginning of 2018.• Underscoring the budding uptrend is the Chaikin line's cross back above zero, confirming there's real bullish interest in AT&T. American Tower (AMT)American Tower was one of the few names that didn't struggle during the fourth quarter of last year, logging gains instead. And though the broad tide was bullish during the first quarter of the year, even then AMT outpaced the broad market's advance.That big move left American Tower overbought and ripe for a pullback. That swing from an uptrend into a downtrend may have materialized yesterday. Click to Enlarge • The shape and placement of Monday's bar is the key. The open was above Friday's high, but the close fell back under Friday's low. This "outside day" reversal is a strong statement that things changed in a big way.• The volume surge is also a big clue. The outside-day bar on high volume suggests the last of the would-be sellers started to flood out in a big way. This might inspire more of the same.• Potential downside targets include the white 200-day moving average line currently at $160.70, or the congestion between $132 and $152. Allstate (ALL)Allstate shares have been trending sideways for over a month, unable to clear a key technical hurdle, but also finding support at a crucial level. The stock continues to test its technical ceiling though, and some subtle clues suggest a breakout is brewing. One or two more good days could do the trick. Click to Enlarge • The line in the sand is around $95.60, plotted with a blue line on both stock charts. ALL stock touched that level for a fourth time on Monday.• At the same time, the white 200-day moving average line has stepped up as technical support, quelling pullbacks before they get started in earnest.• Though volume has been below average since early this year, over the course of the past few weeks there has been decidedly more bullish volume than bearish volume.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post 3 Big Stock Charts for Tuesday: American Tower, AT&T and Allstate appeared first on InvestorPlace.
- Business Wire•22 days ago
American Tower Plans First Quarter 2019 Earnings Release and Conference Call
American Tower Corporation announced today that the press announcement of its first quarter 2019 results is scheduled to be released to the news services at 7:00 a.m. ET on Friday, May 3, 2019.
- Zacks•23 days ago
The Zacks Analyst Blog Highlights: Facebook, American Tower, Southern Company, Intuitive Discover Financial and Cintas
The Zacks Analyst Blog Highlights: Facebook, American Tower, Southern Company, Intuitive Discover Financial and Cintas
- Zacks•24 days ago
Top Analyst Reports for Facebook, American Tower & Southern Company
Top Analyst Reports for Facebook, American Tower & Southern Company
- Insider Monkey•24 days ago
Here is What Hedge Funds Think About American Tower Corporation (REIT) (AMT)
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 15 S&P 500 stocks […]
- InvestorPlace•26 days ago
Best ETFs for 2019: Pacer Data & Infrastructure Real Estate ETF Is a Leader
This article is a part of InvestorPlace's Best ETFs for 2019 contest. Robert Waldo's pick for the contest is the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR).As of this writing, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) is in the No.1 spot for our best ETFs for 2019 contest, up 20% year-to-date.All of the exchange-traded funds are in the green and it's a close race, with a tie for second place as I write this. But regardless of the success of other ETFs riding on SRVR's tail, I still believe this 5G ETF will come out on top at the end of the year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe SRVR ETF is one of the best ETFs to buy this year because it's a well-rounded play on an upcoming trend that will affect how the world operates for years to come.I'm talking about 5G -- "the next generation of cellular connectivity" that will make the most exciting and futuristic tech ideas possible. To get an idea of how fast 5G is compared to 4G LTE, consider that 4G LTE's top speed is 1GB per second, while 5G will have a top speed of 20 GB per second -- a 2,000% increase! * 7 5G Stocks to Buy as the Race for Spectrum Tightens While these top speeds won't be obtained consistently, they still signify a significant leap in speed that will help make our hyper-connected, high-tech world operate much quicker and more efficiently. This 5G ETF Is Not Just About 5GBut as hype-worthy of a trend as 5G may be, that's not all that SRVR has going for it. In fact, part of my decision to pick this fund for our best ETFs contest was that it's a real estate investment trust (REIT) ETF. This means its holdings own data centers and fiber that are vital to the 5G rollout, but are also necessary for all of our current, general tech-related luxuries like the cloud.Without SRVR's holdings, our day-to-day, tech-obsessed lifestyle would be much different.And that's the key reason why it's one of the best ETFs to buy: Its holdings are necessary with or without the 5G catalyst, which makes it a safe, long-term play with significant growth potential.The companies that make up SRVR's top holdings, like American Tower Corp (NYSE:AMT) and Equinix Inc (NASDAQ:EQIX), provide the infrastructure that enables our current connectivity, but each of these will gain a significant boost as 5G is adopted in the years ahead and the need for more fiber, cell towers, etc., becomes a reality.Its design as a REIT ETF also means that it comes with a hefty 3.7% dividend yield, which will help provide steady income to investors as 5G expands over the years. And all this for an expense ratio of 0.6%.All of these perks add up to SRVR's current success as the best performing ETF in our contest right now. But no matter the end result, you can bet that this will be a strong 5G ETF to buy for many years.Robert Waldo is an Assitant Editor for InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Best ETFs for 2019: Pacer Data & Infrastructure Real Estate ETF Is a Leader appeared first on InvestorPlace.
- Business Wire•last month
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.
- InvestorPlace•last month
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.
- Zacks•last month
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.com•last month
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.
- Zacks•last month
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?
- Motley Fool•last month
How to Invest in Infrastructure Stocks
Here's a primer on the global infrastructure investment opportunity.
- Investopedia•last month
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 Wire•last month
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.
- Markit•last month
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.
- Simply Wall St.•last month
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...
- Zacks•last month
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.com•last month
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.
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There's never been a president who's loved what the Fed is doing, says Art Hogan
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