AMT - American Tower Corporation (REIT)

NYSE - NYSE Delayed Price. Currency in USD
140.38
-1.29 (-0.91%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close141.67
Open0.00
Bid139.40 x 200
Ask147.79 x 100
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume2,079,409
Market Cap62B
Beta0.88
PE Ratio (TTM)53.38
EPS (TTM)2.63
Earnings DateJul 31, 2018
Forward Dividend & Yield3.08 (2.11%)
Ex-Dividend Date2018-06-18
1y Target Est157.80
Trade prices are not sourced from all markets
  • Benzinga13 hours ago

    Benzinga's Bulls & Bears Of The Week: AbbVie, Netflix, Philip Morris, Wells Fargo And More

    Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a leading big bank and an video streaming giant. Bearish calls included giants in tobacco and social ...

  • Crown Castle (CCI) Q2 FFO & Revenues Rise Y/Y, '18 View Up
    Zacks4 days ago

    Crown Castle (CCI) Q2 FFO & Revenues Rise Y/Y, '18 View Up

    Extensive tower portfolio, higher revenues from new leasing activity and contracted tenant escalation buoy Crown Castle's (CCI) Q2 results. Also, the company raises outlook for 2018.

  • Sustainable investing grows in popularity, but is dogged by performance questions
    MarketWatch6 days ago

    Sustainable investing grows in popularity, but is dogged by performance questions

    It sounds like an unbeatable deal for investors: a way to not only grow wealth but to do so with better performance than the overall market and while acting in concert with their moral values. This is the promise of sustainable investing, one of the trendiest strategies on Wall Street, but one where the effectiveness remains highly debated and skepticism about long-term performance is preventing even more broad-based adoption. Proponents argue that the stocks or bonds with higher ESG scores will also see better long-term performance relative to benchmark indexes like the S&P 500 (SPX) .

  • Could It Be a Good Time to Invest in American Tower?
    Market Realist6 days ago

    Could It Be a Good Time to Invest in American Tower?

    Since price-to-FFO (funds from operations) ratios consider depreciation and other adjustments, they’re suitable for valuing REITs. While American Tower’s (AMT) TTM (trailing-12-month) price-to-FFO ratio is 22.1x, main competitors Crown Castle (CCI), Realty Income (O), and Simon Property (SPG) have TTM price-to-FFO ratios of 25.9x, 18.9x, and 15.1x, respectively, meaning AMT is trading at a discount to Crown Castle but at a premium to Realty Income and Simon Property.

  • Why Wall Street Loves American Tower
    Market Realist6 days ago

    Why Wall Street Loves American Tower

    American Tower’s (AMT) consistently strong performance and encouraging outlook for 2018 have instilled confidence among analysts, as reflected in their ratings. Analysts’ target price of $158.50 for AMT implies a 10.7% rise from its current price of $143.23. In 2017, the stock gained 33.5%.

  • How American Tower Is Expected to Benefit from Tax Reform
    Market Realist6 days ago

    How American Tower Is Expected to Benefit from Tax Reform

    Donald Trump’s Tax Cut and Jobs Act is expected to have positive effects on the entire telecom industry. Its enactment has brought down tax rates to 21% from 35% and allows companies to repatriate overseas cash by paying a one-time tax of 15.5% instead of 35%. In the first quarter, American Tower’s (AMT) income tax benefit rose YoY (year-over-year) to $31.3 million from $27 million. American Tower anticipates a $10 million tax reduction in 2018, which could boost its consolidated adjusted funds from operations.

  • American Tower’s Diligent Capital Allocation to Fund Growth
    Market Realist6 days ago

    American Tower’s Diligent Capital Allocation to Fund Growth

    American Tower’s (AMT) core strategy lies in the expansion and acquisition of properties, towers, and fiber cells. Simultaneously, being a REIT, it has to pay at least 90% of its taxable income in the form of dividends. American Tower, with a disciplined capital allocation approach, has continued investing in its businesses—not just for growth but also to boost returns to shareholders.

  • What American Tower’s Global Expansion Strategy Indicates
    Market Realist6 days ago

    What American Tower’s Global Expansion Strategy Indicates

    American Tower’s (AMT) global expansion strategy, which includes acquisitions and joint ventures in several countries (mainly in developing nations), is likely to continue supporting its top line. The company’s international revenue contribution rose from 36% in 2014 to 45% in 2017. During the first quarter, the company’s international revenue grew ~11% year-over-year.

  • This Is Anticipated to Drive American Tower’s Domestic Market
    Market Realist6 days ago

    This Is Anticipated to Drive American Tower’s Domestic Market

    American Tower (AMT) generates ~55% of its revenue from the US market. In the last reported quarter, its US property revenue grew 4.4% YoY (year-over-year), while its organic tenant revenue grew 6.3% YoY. Accelerated 5G (fifth-generation) deployment by domestic wireless network carriers and the mobile industry’s continuous evolution are expected to further drive demand for communication sites and towers, boosting American Tower’s US property revenue.

  • How a Trade War Could Affect American Tower’s Profitability
    Market Realist6 days ago

    How a Trade War Could Affect American Tower’s Profitability

    Maintaining his campaign pledge, Donald Trump has ramped up the US-China trade war. Prior to the tariff announcement, the Trump administration withdrew from the Trans-Pacific Partnership and initiated an investigation into China’s alleged theft of American intellectual property.

  • Demand and Pricing Expected to Boost American Tower’s Q2 Revenue
    Market Realist6 days ago

    Demand and Pricing Expected to Boost American Tower’s Q2 Revenue

    American Tower’s (AMT) top line has grown. In the second quarter, analysts expect the company’s revenue to grow 6% YoY (year-over-year) to $1.76 billion, boosted by its global expansion strategies and 5G (fifth-generation) network deployment in the United States. However, industry consolidation in domestic and global markets may result in a higher churn rate, possibly offsetting the growth.

  • What’s Expected to Drive American Tower’s Q2 2018 Earnings
    Market Realist6 days ago

    What’s Expected to Drive American Tower’s Q2 2018 Earnings

    American Tower (AMT) is slated to release its second-quarter 2018 results on July 31. Analysts expect its AFFO (adjusted funds from operations) to rise 10.1% YoY (year-over-year) to $1.74 per share.

  • Crown Castle (CCI) to Report Q2 Earnings: What to Expect?
    Zacks6 days ago

    Crown Castle (CCI) to Report Q2 Earnings: What to Expect?

    Crown Castle International's (CCI) Q2 results likely to reflect benefits from a well-located tower portfolio. However, its top line might display impact of stiff competition in the industry.

  • Investopedia11 days ago

    Technical Traders Shift Focus to Real Estate

    The real estate sector is regarded as a staple for any serious income investor, and it also happens to be a favorite of active traders because of its relatively predictable cyclical nature. In this article, we take a look at several charts that traders use to track the real estate sector and see how they will likely look to position themselves over the weeks or months to come. Retail traders who are interested in tracking the performance of a specific sector often turn to exchange-traded products such as the iShares U.S. Real Estate ETF.

  • ACCESSWIRE17 days ago

    Free Research Reports on Annaly Capital Management and Three More REIT Stocks

    Today’s research Coverage on WallStEquities.com is focused on the Diversified REIT space, which comprises real estate investment trusts that can engage in leasing, managing, developing, and redeveloping properties in a diverse set of industries. Under review are National Retail Properties Inc. (NYSE: NNN), New Senior Investment Group Inc. (NYSE: SNR), American Tower Corp. (REIT) (NYSE: AMT), and Annaly Capital Management Inc. (NYSE: NLY).

  • Business Wire24 days ago

    American Tower Plans Second Quarter 2018 Earnings Release and Conference Call

    American Tower Corporation announced today that the press announcement of its second quarter 2018 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, July 31, 2018.

  • The 10 Largest REIT Stocks -- Which Are the Best Buys Now?
    Motley Foollast month

    The 10 Largest REIT Stocks -- Which Are the Best Buys Now?

    The biggest is worth more than $60 billion, and you may be surprised at the type of real estate it owns.

  • Barrons.comlast month

    [$$] American Tower Could Soar 43%

    Target price: $200 Recent price: $139.64 Timeframe: 2-5 years Company Overview: American Tower is an owner and operator of towers used for wireless communication. AMT is in a tower real estate business that is benefitted directly by advancement of technology and demand for higher data consumption. Multiple tenants lease vertical space on the tower to place their communications equipment.

  • Motley Fool2 months ago

    Could American Tower Get Even Bigger?

    The largest REIT in the market could still have lots of room to grow.

  • Motley Fool2 months ago

    3 REITs You May Not Have Heard of

    Not all REITs invest in apartments, malls, hotels, and office buildings.

  • ACCESSWIRE2 months ago

    Free Research Reports on Annaly Capital Management and Three More REIT Stocks

    On Friday, June 01, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Friday's trading session in bullish territories. Taking into consideration last Friday's market sentiment, WallStEquities.com assessed the following REIT - Diversified equities this morning: American Tower Corp. (REIT) (NYSE: AMT), Annaly Capital Management Inc. (NYSE: NLY), Arbor Realty Trust Inc. (NYSE: ABR), and Brandywine Realty Trust (NYSE: BDN).

  • Why REIT Valuations Look Attractive as the Market Hits the Roof
    Market Realist2 months ago

    Why REIT Valuations Look Attractive as the Market Hits the Roof

    In the recently concluded first quarter, more than 95% of REITs reported earnings beats and maintained their guidances for 2018. Retail sector REITs, which were battered in 2017, have now stabilized, and industrial (LXP) and hotel (PEB) REITs beat expectations in the first quarter. The laggards in the first-quarter earnings season were the REITs investing in student housing, cell towers (AMT), and apartments (APT).