AMT - American Tower Corporation (REIT)

NYSE - NYSE Delayed Price. Currency in USD
215.18
-2.34 (-1.08%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close217.52
Open217.46
Bid210.91 x 1200
Ask215.41 x 800
Day's Range214.24 - 217.93
52 Week Range138.51 - 218.79
Volume2,057,572
Avg. Volume1,745,441
Market Cap95.115B
Beta (3Y Monthly)0.11
PE Ratio (TTM)71.04
EPS (TTM)3.03
Earnings DateJul 29, 2019 - Aug 2, 2019
Forward Dividend & Yield3.45 (1.60%)
Ex-Dividend Date2019-06-18
1y Target Est191.27
Trade prices are not sourced from all markets
  • American Tower (AMT) Dips More Than Broader Markets: What You Should Know
    Zacks3 days ago

    American Tower (AMT) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, American Tower (AMT) closed at $215.18, marking a -1.08% move from the previous day.

  • Best ETFs for 2019: Financial Sector Spider ETF (XLF) Still Has a Chance
    InvestorPlace5 days ago

    Best ETFs for 2019: Financial Sector Spider ETF (XLF) Still Has a Chance

    Editor's Note: This article is part of InvestorPlace.com's Best ETFs for 2019 contest. Dana Blankenhorn's pick is Financial Select Sector SPDR Fund (NYSEARCA:XLF).At the start of 2019, when we relaunched our best exchange-traded funds feature, I thought the market was getting frothy and chose to get defensive with the Financial Sector Spider ETF (NYSEARCA:XLF).InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo far, that's up 15%. Pretty fly for an old guy. But folks who were more aggressive have done better. The editor of this section, Robert Waldo, has more than doubled me up with his choice, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR). SRVR has big holdings in technology landlords like American Tower (NYSE:AMT), which owns most of those big cell towers you love, and Equinix (NASDAQ:EQIX), a data center REIT that connects the clouds.Can the big banks come back? Look for ConsolidationHope for a comeback lies in consolidation. The merger of BB&T (NYSE:BBT) and SunTrust (NYSE:STI) to create something called Truist is making investors money. It's a big win for Charlotte, which will be the new bank's headquarters, and a loss for my hometown of Atlanta, where SunTrust is based.The Prosperity Bancshares (NYSE:PB) acquisition of LegacyTexas Financial Group (NASDAQ:LTXB) in Dallas gave that state its first big locally owned bank in decades. By such standards it's still a minnow. Total assets will be about $30 billion (SunTrust alone is worth seven times more) but if this is the start of a trend, then XLF investors should benefit. That's because takeovers fuel speculation about more takeovers, leading speculators to feed on potential targets and bankers to start whispering sweet nothings of profit in other bankers' ears. * 10 'Buy-and-Hold' Stocks to Own Forever Banks Are Payment ProcessorsIn general, however, banks remain subject to the same computerization trend facing other service-based businesses like insurance and real estate. Don't let your kid think he can grow up to sit behind a desk with pillars at either side and a swinging gate in front of him. That's a game for lawyers.I have only been in banks a few times in the last year … once to visit my safety deposit box and another time to use a notary. (You probably thought I was going to say bathroom.) There was a time when I regularly visited my broker's office to deposit checks into my market account, but there's an app for that now.Willie Sutton, the bank robber who supposedly said banks "are where the money is," would today be a geeky hacker, because that's where the money is in banking today. It's in programming.Why sit in front of a banker when you can just borrow through Square (NYSE:SQ) Capital -- they have all your financial figures anyhow. On the other hand, the biggest banks are also the biggest payment processors. They're not going to let that business go without a fight.Expect more deals. Bottom Line on the XLF ETFThe bottom line is that as money continues to become magnetic ink, banks will remain under pressure to consolidate and run off to the dog track with the depositors' money. The likelihood of more scandals like that of Deutsche Bank (NYSE:DB), once seen as a Donald Trump-era darling, is only going to grow.It all comes down to a new sobering reality. Banks are about to become the new stock market casino. But casinos make good money. And if your kid grew up as a geeky programmer type, JPMorgan Chase (NYSE:JPM) is hiring.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear , available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in JPM. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post Best ETFs for 2019: Financial Sector Spider ETF (XLF) Still Has a Chance appeared first on InvestorPlace.

  • Markit6 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 neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for AMT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AMT. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AMT are favorable, with net inflows of $10.90 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. AMT credit default swap spreads are within the middle of their range for the last three years.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.

  • American Tower (AMT) Stock Sinks As Market Gains: What You Should Know
    Zacks11 days ago

    American Tower (AMT) Stock Sinks As Market Gains: What You Should Know

    American Tower (AMT) closed the most recent trading day at $209.01, moving -1.18% from the previous trading session.

  • 3 Stocks Anyone Can Understand
    Motley Fool12 days ago

    3 Stocks Anyone Can Understand

    Simple business models are sometimes the best business models.

  • Business Wire14 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 2025 and 2029, in aggregate principal amounts of $650.0 million and $1.65 billion, respectively. The net proceeds of the offering are expected to be approximately $2,269.0 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.

  • Benzinga16 days ago

    Barron's Picks And Pans: GameStop, JPMorgan, Uber And More

    This weekend's Barron's cover story takes a look at a financial giant that stands out in an out-of-favor sector. Other featured articles examine tech giants under scrutiny and the case for infrastructure ...

  • Here’s What Hedge Funds Think About American Tower Corporation (AMT)
    Insider Monkey17 days ago

    Here’s What Hedge Funds Think About American Tower Corporation (AMT)

    It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]

  • Barrons.com18 days ago

    Buy Infrastructure Stocks for Their Big Dividends

    Ben Morton of Cohen & Steers expects infrastructure companies to increase their dividends by about 5% to 7% a year, supported by “very predictable cash flows.”

  • GuruFocus.com19 days ago

    American Tower Corp (AMT) Chairman, President and CEO James D Jr Taiclet Sold $11. ...

    Chairman, President and CEO of American Tower Corp (NYSE:AMT) James D Jr Taiclet sold 57,439 shares of AMT on 06/03/2019 at an average price of $207.93 a share.

  • American Tower (AMT) Up 6.2% Since Last Earnings Report: Can It Continue?
    Zacks22 days ago

    American Tower (AMT) Up 6.2% Since Last Earnings Report: Can It Continue?

    American Tower (AMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Should You Be Impressed By American Tower Corporation (REIT)'s (NYSE:AMT) ROE?
    Simply Wall St.24 days ago

    Should You Be Impressed By American Tower Corporation (REIT)'s (NYSE:AMT) ROE?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • OUT vs. AMT: Which Stock Is the Better Value Option?
    Zacks24 days ago

    OUT vs. AMT: Which Stock Is the Better Value Option?

    OUT vs. AMT: Which Stock Is the Better Value Option?

  • American Tower to Buy Eaton in $1.85 Billion Africa Push
    Bloomberg25 days ago

    American Tower to Buy Eaton in $1.85 Billion Africa Push

    Both companies have sites in countries such as Ghana and Kenya, and the deal will enable American Tower to build more on the continent, the Boston-based company said in a statement on Thursday. While the global telecom tower market is dominated by local players, American Tower is looking to take advantage of accelerating mobile phone usage and the rollout of high-speed 4G technology in Africa. This is its second acquisition in Africa in the past year, after it agreed to buy more than 700 towers from Telkom Kenya.

  • Business Wire25 days ago

    American Tower Announces Agreement to Acquire Eaton Towers Holding Limited

    American Tower Corporation (AMT) today announced that it has entered into a definitive agreement to acquire Eaton Towers Holding Limited (“Eaton Towers”), which owns and operates approximately 5,500 communications sites across five African markets. As a result of the transaction, the Company also expects to accelerate new build activity across the region due to expanded relationships with multiple key tenants. The total consideration for the transaction, including the Company’s assumption of existing Eaton Towers debt, is approximately $1.85 billion, subject to customary closing adjustments.

  • Business Wire27 days ago

    American Tower Corporation to Present at Nareit’s REITweek: 2019 Investor Conference

    American Tower Corporation today announced that Rod Smith, its Senior Vice President, Corporate Finance and Treasurer, is scheduled to present at Nareit’s REITweek: 2019 Investor Conference in New York, New York, on Tuesday, June 4, 2019 at 11:45 a.m.

  • Dorsal Capital Management’s Return, AUM, and Holdings
    Insider Monkeylast month

    Dorsal Capital Management’s Return, AUM, and Holdings

    Dorsal Capital Management is a hedge fund manager that primarily provides its services to pooled investment vehicles. The firm started its operations back in 2009, with its headquarters in Redwood City, California. As of the end of December 2018, the fund manages around $2.45 billion in assets on a discretionary basis. Ryan David Frick is […]

  • The 5G rollout has cell tower stocks in 'raging bull market mode': Cramer
    CNBClast month

    The 5G rollout has cell tower stocks in 'raging bull market mode': Cramer

    "Once you build a tower, you can just add another antenna to it when you pick up a new client, so the margins are terrific," he says.

  • The 5G rollout has cell tower stocks in 'raging bull market mode': Cramer
    CNBC Videoslast month

    The 5G rollout has cell tower stocks in 'raging bull market mode': Cramer

    "Once you build a tower, you can just add another antenna to it when you pick up a new client, so the margins are terrific," he says.

  • Cramer: 5G rollout has tower stocks in 'raging bull market mode'
    CNBC Videoslast month

    Cramer: 5G rollout has tower stocks in 'raging bull market mode'

    "Once you build a tower, you can just add another antenna to it when you pick up a new client, so the margins are terrific," he says.