American Tower Corporation
(AMT)
Add Watchlist
181.74 USD +3.86
Closed: 03 May, 3:55 pm
Symbol AMT
Market Cap 84.8B
Price 181.74
Open 183.50
52-wk High 219.10
50 Day Avg 189.11
Earnings Announcement 2024-07-25
Website https://www.americantower.com
Name American Tower Corporation
Shares Outstanding 466,975,000
Change % 1.169%
Low 181.17
52-wk Low 154.58
200 Day Avg 188.72
Last Dividend 6.48
Exchange NYSE
Volume 3,092,653
Previous Close 179.64
High 184.89
EPS 4.42
PE 41.12
Avg Volume 2,547,948
CUSIP 03027X100
American Tower Corporation Outlook
Description American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” sections of our investor relations website at www.americantower.com.
Currency USD
ISIN US03027X1000
Industry REIT - Specialty
Changes 2.10
CUSIP 03027X100
Range 154.58 - 219.10
Beta 0.67
CIK 0001053507

American Tower Corporation News

30-Apr-2024 1:20 PM

American Tower's (AMT) Q1 AFFO Beat Estimates, '24 View Raised

American Tower's (AMT) Q1 results beat estimates on better-than-anticipated revenues and strong organic tenant billing growth. It has raised its outlook for 2024.

30-Apr-2024 12:19 PM

American Tower Corporation (AMT) Q1 2024 Earnings Call Transcript

American Tower Corporation [AMT] Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Steve Vondran - President & CEO Rod Smith - EVP, CFO & Treasurer Adam Smith - SVP, IR and FP&A Conference Call Participants Matt Niknam - Deutsche Bank Michael Rollins - Citigroup Simon Flannery - Morgan Stanley Rick Prentiss - Raymond James David Barden - Bank of America Nick Del Deo - MoffettNathanson Batya Levi - UBS Jon Atkin - RBC Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Tower First Quarter 2024 Earnings Conference Call.

30-Apr-2024 11:01 AM

American Tower (AMT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for American Tower (AMT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

30-Apr-2024 9:16 AM

American Tower (AMT) Q1 FFO and Revenues Beat Estimates

American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.79 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to FFO of $2.54 per share a year ago.

30-Apr-2024 8:12 AM

American Tower Corp raises annual revenue forecast on healthy telecom spending

American Tower raised its forecast for annual property revenue on Tuesday as the real estate investment trust benefits from healthy telecom and wireless carrier spending.

29-Apr-2024 2:15 PM

What to Expect From American Tower (AMT) in Q1 Earnings?

American Tower's (AMT) Q1 earnings are likely to have benefited from the robust demand for its communication real estate portfolio, though high interest expenses and elevated churn remain concerns.

26-Apr-2024 7:37 AM

American Tower Is Oversold (Technical Analysis)

American Tower is oversold, thus creating an asymmetric return/risk profile. From a technical perspective, AMT has been trading in oversold territory recently and now shows signs of selling exhaustion. Fundamentally, the stock is trading at a large valuation discount despite strong profit catalysts.

25-Apr-2024 2:00 PM

2 Premier REITs Now At Bargain Prices

Investors have the opportunity to be selective in the current market, especially when it comes to discounted REITs.

25-Apr-2024 10:20 AM

Stay Ahead of the Game With American Tower (AMT) Q1 Earnings: Wall Street's Insights on Key Metrics

Besides Wall Street's top -and-bottom-line estimates for American Tower (AMT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

23-Apr-2024 7:06 PM

American Tower (AMT) Increases Yet Falls Behind Market: What Investors Need to Know

In the latest trading session, American Tower (AMT) closed at $174.18, marking a +1.09% move from the previous day.

21-Apr-2024 9:00 AM

A Hawkish Pivot

U.S. equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs as investors monitored an intensification of geopolitical tensions and hawkish Fed commentary. Inflamed by resurgent energy prices and insatiable Federal government spending, Fed Chair Powell and other officials acknowledged a stalling-out of inflation progress in recent months and delayed cut expectations. Declining on all five trading sessions, the S&P 500 declined another 3.1% this week - its worst week since March 2023 - while high-flying technology stocks were hit particularly hard.