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American TowerNYSE: AMT

Profile

Industry:

Specialty

Country:

United States

IPO:

27 February 1998

Next earnings report:

27 February 2025

Last dividends:

09 October 2024

Next dividends:

N/A
$94.63 B
-29%vs. 3y high
100%vs. sector
-39%vs. 3y high
91%vs. sector
-12%vs. 3y high
100%vs. sector
-45%vs. 3y high
75%vs. sector

Price

pre-market | 12 min ago
$202.50-$0.69(-0.34%)
$2.52 B$2.52 B
$2.52 B-$792.30 M

Analysts recommendations

Institutional Ownership

AMT Latest News

Unabated Demand Could Drive Towering Growth for This Top Dividend Stock in 2025 and Beyond
fool.com01 November 2024 Sentiment: POSITIVE

The challenges to American Tower's growth are expected to lessen next year.

American Tower: Not So Long A Way Down
seekingalpha.com30 October 2024 Sentiment: NEUTRAL

American Tower Corporation shared its Q3-2024 results and revealed the sale of its business in India. Investors are still optimistic about a comeback to its past success. However, the company is finding it difficult to regain the same level of growth it experienced in its prime.

American Tower Stock Declines Despite Q3 AFFO Beat, '24 View Lowered
zacks.com29 October 2024 Sentiment: POSITIVE

AMT's results for the third quarter show an increase in revenue compared to last year and significant growth in tenant billing. However, the company has reduced its expectations for 2024.

Compared to Estimates, American Tower (AMT) Q3 Earnings: A Look at Key Metrics
zacks.com29 October 2024 Sentiment: POSITIVE

The financial results for American Tower (AMT) from the quarter ending in September 2024 provide insight into the company's performance. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

American Tower (AMT) Q3 FFO Surpass Estimates
zacks.com29 October 2024 Sentiment: POSITIVE

American Tower (AMT) reported quarterly funds from operations (FFO) of $2.64 per share, which is higher than the Zacks Consensus Estimate of $2.54 per share. This is an increase compared to last year's FFO of $2.58 per share.

American Tower Corporation (AMT) Q3 2024 Earnings Call Transcript
seekingalpha.com29 October 2024 Sentiment: POSITIVE

The American Tower Corporation (NYSE:AMT) held its Q3 2024 Earnings Call on October 29, 2024, at 8:30 AM ET. Key company participants included Adam Smith, Steve Vondran, and Rod Smith, while various analysts from firms like Raymond James and Goldman Sachs also joined the call. The operator welcomed everyone and thanked them for their patience as the conference began.

American Tower Gears Up for Q3 Earnings: What You Can Expect
zacks.com28 October 2024 Sentiment: NEUTRAL

AMT's earnings for the third quarter are expected to be negatively affected by high interest costs and increased customer turnover, even though there is strong demand for its communication real estate assets.

Exploring Analyst Estimates for American Tower (AMT) Q3 Earnings, Beyond Revenue and EPS
zacks.com24 October 2024 Sentiment: POSITIVE

In addition to Wall Street's predictions for American Tower's (AMT) revenue and profits, take a look at forecasts for some important metrics to better understand how the company performed in the quarter that ended in September 2024.

These Magnificent Dividend Stocks Have Made Investors a Lot Richer Over the Past 20 Years
fool.com23 October 2024 Sentiment: POSITIVE

These five REITs have been the best performers in the last twenty years.

American Tower's Multiyear Underperformance Will Continue
seekingalpha.com21 October 2024 Sentiment: NEGATIVE

American Tower is still considered overvalued and has underperformed the S&P 500 by 40% since we last advised against investing in it. The company's high debt, expensive valuation, and average growth potential restrict its ability to provide good returns for shareholders. Increased competition in the datacenter market and a high payout ratio may also affect American Tower's ability to grow dividends in the future.

What type of business is American Tower?

American Tower Corporation is one of the largest global real estate investment trusts. Initially created as a subsidiary of American Radio Systems Corporation in 1995, it was converted into an independent public company in 1998. American Tower Corporation is a holding company and operates through its subsidiaries. The headquarters is located in Boston. Offices are located worldwide. The company's portfolio consists of communication real estate, which is owned or operated under long-term lease agreements, subleases. In addition to communication sites, the company owns other telecommunication infrastructure such as distributed antenna systems, fiber optic networks, and more.

What sector is American Tower in?

American Tower is in the Real Estate sector

What industry is American Tower in?

American Tower is in the Specialty industry

What country is American Tower from?

American Tower is headquartered in United States

When did American Tower go public?

American Tower initial public offering (IPO) was on 27 February 1998

What is American Tower website?

https://www.americantower.com

Is American Tower in the S&P 500?

Yes, American Tower is included in the S&P 500 index

Is American Tower in the NASDAQ 100?

No, American Tower is not included in the NASDAQ 100 index

Is American Tower in the Dow Jones?

No, American Tower is not included in the Dow Jones index

When was American Tower the previous earnings report?

No data

When does American Tower earnings report?

The next expected earnings date for American Tower is 27 February 2025