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American Tower (AMT)
NYSE:AMT
American Tower (AMT) Stock Price & Analysis
5,038 Followers
AMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$150.48 - $217.15
Previous Close$194.51
Volume2.16M
Average Volume (3M)2.59M
Market Cap
$90.83B
Enterprise Value$142.68B
Total Cash (Recent Filing)$1.97B
Total Debt (Recent Filing)$47.15B
Price to Earnings (P/E)44.0
Beta1.11
Next Earnings
Jul 25, 2024EPS Estimate
$1.66Last Dividend Ex-Date
Apr 11, 2024Dividend Yield3.35%
Share Statistics
EPS (TTM)4.42
Shares Outstanding466,975,019
10 Day Avg. Volume2,409,284
30 Day Avg. Volume2,592,464
Standard Deviation0.07
R-Squared0.28
Alpha-0.00501
Financial Highlights & Ratios
Price to Book (P/B)-3.65
Price to Sales (P/S)32.59
Price to Cash Flow (P/CF)19.90
P/FCF Ratio23.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.80
Enterprise Value/Gross Profit12.87
Enterprise Value/Ebitda35.40
Forecast
1Y Price Target
$219.07Price Target Upside12.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
American Tower News
PremiumPre-Earnings
Is AMT a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAmerican Tower reported solid financial results with better organic growth across all regions, highlighting the company's robust business model and potential for continued expansion.
Industry OutlookAnalysts see emerging 5G use cases and a well-positioned data-center business as positive aspects for American Tower, indicating potential growth catalysts in the evolving telecommunications landscape.
Strategic InitiativesAmerican Tower's strategic refocus on developed markets and data centers, coupled with its plans for global site builds and data center expansion, are expected to yield strong returns and drive future growth.
Bears Say
Earnings ImpactThe India divestiture may lead to a dilution in Adjusted Funds From Operations (AFFO) per share, signaling potential earnings pressure for the coming year.
Industry DynamicsCarrier consolidation and the churn from companies like Sprint in the U.S. and Oi in Brazil could lead to declining property revenue growth for Tower companies.
Interest Rates And Financial PerformanceA likely higher-for-longer rate environment could pose significant headwinds for Tower REITs, affecting their financial performance.
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Ownership Overview
1.18% Insiders
33.31% Mutual Funds
44.61% Other Institutional Investors
20.90% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AMT FAQ
What was American Tower’s price range in the past 12 months?
American Tower lowest stock price was $150.48 and its highest was $217.15 in the past 12 months.
What is American Tower’s market cap?
Currently, no data Available
When is American Tower’s upcoming earnings report date?
American Tower’s upcoming earnings report date is Jul 25, 2024 which is in 68 days.
How were American Tower’s earnings last quarter?
American Tower released its earnings results on Apr 30, 2024. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.761 by $0.199.
Is American Tower overvalued?
According to Wall Street analysts American Tower’s price is currently Undervalued.
Does American Tower pay dividends?
American Tower pays a Quarterly dividend of $1.62 which represents an annual dividend yield of 3.35%. See more information on American Tower dividends here
What is American Tower’s EPS estimate?
American Tower’s EPS estimate is $1.66.
How many shares outstanding does American Tower have?
American Tower has 466,975,000 shares outstanding.
What happened to American Tower’s price movement after its last earnings report?
American Tower reported an EPS of $1.96 in its last earnings report, beating expectations of $1.761. Following the earnings report the stock price went down -1.96%.
Which hedge fund is a major shareholder of American Tower?
Among the largest hedge funds holding American Tower’s share is Akre Capital Management LLC. It holds American Tower’s shares valued at 1B.
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American Tower Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$219.07 (12.63% Upside)
$219.07 (12.63% Upside)
Blogger Sentiment
Bullish
AMT Sentiment 87%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 597.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.43%
12-Months-Change
Fundamentals
Return on Equity
43.68%
Trailing 12-Months
Asset Growth
-0.21%
Trailing 12-Months
Company Description
American Tower
Founded in 1995, Massachusetts-based American Tower Corp. is one of the largest real estate investment trusts and is a leading independent owner and operator of wireless and broadcast communications infrastructure in several countries worldwide.
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AMT Company Deck
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AMT Earnings Call
Q1 2024
0:00 / 0:00
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AMT Revenue Breakdown
98.72% Property
1.28% Services
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AMT Stock 12 Month Forecast
Average Price Target
$219.07
▲(12.63% Upside)
Technical Analysis
Best Analysts Covering AMT
1 Year
1 Year Success Rate
21/31 ratings generated profit
1 Year Average Return
+4.98%
reiterated a buy rating 18 days ago
Copying Ric Prentiss's trades and holding each position for 1 Year would result in 67.74% of your transactions generating a profit, with an average return of +4.98% per trade.
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