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American Tower (AMT)
NYSE:AMT
American Tower (AMT) Stock Price & Analysis
5,019 Followers
AMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$150.48 - $217.15
Previous Close$176.84
Volume1.31M
Average Volume (3M)2.54M
Market Cap
$83.56B
Enterprise Value$134.43B
Total Cash (Recent Filing)$1.97B
Total Debt (Recent Filing)$47.15B
Price to Earnings (P/E)40.0
Beta1.12
Next Earnings
Jul 25, 2024EPS Estimate
$1.67Last Dividend Ex-Date
Apr 11, 2024Dividend Yield3.76%
Share Statistics
EPS (TTM)4.42
Shares Outstanding466,975,019
10 Day Avg. Volume2,635,885
30 Day Avg. Volume2,536,220
Standard Deviation0.07
R-Squared0.28
Alpha-0.00501
Financial Highlights & Ratios
Price to Book (P/B)-3.21
Price to Sales (P/S)29.63
Price to Cash Flow (P/CF)17.50
P/FCF Ratio20.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.06
Enterprise Value/Gross Profit12.13
Enterprise Value/Ebitda33.35
Forecast
1Y Price Target
$219.62Price Target Upside20.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
American Tower News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAmerican Tower reported robust financial results with better organic growth across all regions, showcasing the company's strength and potential for expansion.
Market PositioningAmerican Tower is positioned as an attractive investment due to its low-risk profile and the growing demand for wireless services and data, bolstered by the rise of 5G and AI technologies.
Strategic GrowthAnalysts highlight American Tower's strategic investment shift towards developed markets and data centers, indicating a smart refocus that could drive future growth.
Bears Say
Interest Rates & Market EnvironmentA likely higher-for-longer rate environment could negatively impact the financial performance of Towers by increasing borrowing costs and affecting valuation multiples.
Operational ChallengesCarrier consolidation and the associated churn, especially with Sprint in the U.S. and Oi in Brazil, are anticipated to adversely affect property revenue growth.
Revenue Visibility & Carrier SpendingSteady carrier capital expenditures and lower revenue visibility present challenges, potentially leading to fluctuations in earnings and impacting stock stability.
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Ownership Overview
1.18% Insiders
33.30% Mutual Funds
26.89% Other Institutional Investors
38.62% 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 82 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 3.76%. See more information on American Tower dividends here
What is American Tower’s EPS estimate?
American Tower’s EPS estimate is $1.67.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$219.62 (20.82% Upside)
$219.62 (20.82% Upside)
Blogger Sentiment
Bullish
AMT Sentiment 87%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 597.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.14%
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 Months Forecast
Average Price Target
$219.62
▲(20.82% Upside)
Technical Analysis
Best Analysts Covering AMT
1 Year
1 Year Success Rate
18/31 ratings generated profit
1 Year Average Return
+3.70%
reiterated a buy rating 3 days ago
Copying Ric Prentiss's trades and holding each position for 1 Year would result in 58.06% of your transactions generating a profit, with an average return of +3.70% per trade.
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