Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNYSE:AMT American Tower (AMT) Stock Price, News & Analysis $235.95 -3.50 (-1.46%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About American Tower Stock (NYSE:AMT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$235.36▼$240.2850-Day Range$207.23▼$242.8252-Week Range$154.58▼$243.56Volume1.83 million shsAverage Volume1.84 million shsMarket Capitalization$110.18 billionP/E Ratio53.38Dividend Yield2.75%Price Target$233.29Consensus RatingModerate Buy Company OverviewAmerican Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.Read More… Protect Your Bank Account with THESE 4 Simple Steps (Ad)Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. American Tower Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 85th PercentileAmerican Tower scored higher than 85% of companies evaluated by MarketBeat, and ranked 230th out of 956 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingModerate Buy Consensus RatingAmerican Tower has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAmerican Tower has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about American Tower's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth0.89% Earnings GrowthEarnings for American Tower are expected to grow by 0.89% in the coming year, from $10.13 to $10.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Tower is 53.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.Price to Earnings Ratio vs. SectorThe P/E ratio of American Tower is 53.38, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 47.81.Price to Earnings Growth RatioAmerican Tower has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmerican Tower has a P/B Ratio of 10.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about American Tower's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.87% of the outstanding shares of American Tower have been sold short.Short Interest Ratio / Days to CoverAmerican Tower has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in American Tower has recently increased by 0.50%, indicating that investor sentiment is decreasing. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldAmerican Tower pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmerican Tower does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of American Tower is 146.61%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, American Tower will have a dividend payout ratio of 63.41% next year. This indicates that American Tower will be able to sustain or increase its dividend.Read more about American Tower's dividend. Sustainability and ESG3.1 / 5Environmental Score-1.40 Percentage of Shares Shorted0.87% of the outstanding shares of American Tower have been sold short.Short Interest Ratio / Days to CoverAmerican Tower has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in American Tower has recently increased by 0.50%, indicating that investor sentiment is decreasing. News and Social Media2.6 / 5News Sentiment0.76 News SentimentAmerican Tower has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 20 news articles for American Tower this week, compared to 12 articles on an average week.Search Interest39 people have searched for AMT on MarketBeat in the last 30 days. This is an increase of 26% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added American Tower to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, American Tower insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,795,397.00 in company stock.Percentage Held by InsidersOnly 0.18% of the stock of American Tower is held by insiders.Percentage Held by Institutions92.69% of the stock of American Tower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about American Tower's insider trading history. AMT Stock News HeadlinesAmerican Tower (NYSE:AMT) Given New $260.00 Price Target at BMO Capital MarketsSeptember 15 at 4:47 AM | americanbankingnews.comAmerican Tower (NYSE:AMT) PT Raised to $221.00 at MizuhoSeptember 15 at 4:47 AM | americanbankingnews.comUnlock the Secret to Easy Wins with Iron CondorsDiscover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consistently without needing a large account or watching the market all day. Our free report, The Top 10 Stocks for Iron Condor Trades, reveals exactly how to set up winning trades with minimal downside.September 18, 2024 | Netpicks (Ad)American Tower (AMT) Buy Rating Affirmed Following Strategic Divestiture and Updated Financial ForecastsSeptember 13, 2024 | markets.businessinsider.comAmerican Tower REIT stock underperforms Friday when compared to competitors despite daily gainsSeptember 13, 2024 | marketwatch.comAmerican Tower Buy Rating Affirmed with Target Price Increase to $260 Amid Strategic Shift and Robust Financial PositioningSeptember 13, 2024 | markets.businessinsider.comHere's Why American Tower Corporation (AMT) Fell in Q1September 13, 2024 | msn.comAmerican Tower snaps seven days of winning streak, trades in the redSeptember 11, 2024 | msn.comSee More Headlines AMT Stock Analysis - Frequently Asked Questions How have AMT shares performed this year? American Tower's stock was trading at $215.88 at the start of the year. Since then, AMT stock has increased by 9.3% and is now trading at $235.95. View the best growth stocks for 2024 here. How were American Tower's earnings last quarter? American Tower Co. (NYSE:AMT) issued its quarterly earnings data on Tuesday, July, 30th. The real estate investment trust reported $1.92 earnings per share for the quarter, missing analysts' consensus estimates of $2.44 by $0.52. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. Read the conference call transcript. Does American Tower have any subsidiaries? The following companies are subsidiaries of American Tower: Coresite, InSite Wireless Group, Eaton, Colo Atl, Viom Networks, BR Towers, Global Tower Partners, and others. Who are American Tower's major shareholders? American Tower's top institutional investors include Principal Financial Group Inc. (1.88%), Dimensional Fund Advisors LP (1.40%), Ameriprise Financial Inc. (1.37%) and Legal & General Group Plc (1.17%). Insiders that own company stock include Edmund Disanto, Rodney M Smith, Steven O Vondran, Joann A Reed, Olivier Puech, Robert Joseph Meyer Jr, Sanjay Goel, Samme L Thompson, Pamela D A Reeve, Raymond P Dolan, Robert D Hormats and Bruce L Tanner. View institutional ownership trends. How do I buy shares of American Tower? Shares of AMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of American Tower own? Based on aggregate information from My MarketBeat watchlists, some other companies that American Tower investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Mastercard (MA), PayPal (PYPL), Cisco Systems (CSCO) and QUALCOMM (QCOM). Company Calendar Ex-Dividend for 7/12 Dividend6/14/2024Dividend Payable7/12/2024Last Earnings7/30/2024Today9/18/2024Ex-Dividend for 10/25 Dividend10/09/2024Next Earnings (Estimated)10/24/2024Dividend Payable10/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:AMT CUSIP03027X10 CIK1053507 Webwww.americantower.com Phone(617) 375-7500Fax617-375-7575Employees5,643Year Founded1995Price Target and Rating Average Stock Price Target$233.29 High Stock Price Target$260.00 Low Stock Price Target$196.00 Potential Upside/Downside-1.1%Consensus RatingModerate Buy Rating Score (0-4)2.93 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$4.42 Trailing P/E Ratio53.38 Forward P/E Ratio23.29 P/E Growth1.6Net Income$1.48 billion Net Margins21.95% Pretax Margin24.14% Return on Equity23.06% Return on Assets3.77% Debt Debt-to-Equity Ratio3.42 Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$11.14 billion Price / Sales9.89 Cash Flow$9.73 per share Price / Cash Flow24.26 Book Value$23.30 per share Price / Book10.13Miscellaneous Outstanding Shares467,080,000Free Float466,134,000Market Cap$110.21 billion OptionableOptionable Beta0.83 Social Links Should I Buy American Tower Stock? AMT Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these American Tower pros and cons to contact@marketbeat.com. American Tower Bull Case Here are some ways that investors could benefit from investing in American Tower Co.: American Tower Co.'s stock price has been steadily increasing, reaching $226.04 on the latest trading day, indicating positive momentum. Analysts have consistently rated American Tower Co. as a "Moderate Buy" with a consensus price target of $231.14, suggesting potential for growth. Insider trading activity shows confidence in the company, with corporate insiders owning 0.18% of the stock and recent sales totaling $8,497,458. American Tower Co. has a strong market cap of $105.56 billion, indicating stability and a solid position in the market. The company's debt-to-equity ratio of 3.42 is relatively high but manageable, providing a balance between leveraging for growth and financial stability. American Tower Bear Case Investors should be bearish about investing in American Tower Co. for these reasons: American Tower Co.'s P/E ratio of 51.17 is relatively high, indicating that the stock may be overvalued compared to its earnings. The company's beta of 0.81 suggests that American Tower Co.'s stock price is less volatile than the market average, potentially limiting short-term gains. While analysts have given positive ratings, there is always a risk of market fluctuations impacting the stock price, leading to potential losses for investors. American Tower Co.'s 1-year high of $236.13 may indicate a near-term resistance level that could affect further price appreciation. The company's quick ratio and current ratio of 0.81 each may raise concerns about liquidity and the ability to cover short-term obligations. This page (NYSE:AMT) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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