American Tower (AMT) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US03027X1000

Cell Towers, Data Centers

American Tower Corporation, a real estate investment trust (REIT) giant, is a pioneer in the telecommunications infrastructure space. As one of the largest global REITs, the company boasts an impressive portfolio of over 224,000 communications sites, providing a robust platform for wireless communication services.

With a strong presence in the United States, American Tower's highly interconnected footprint of data center facilities enables seamless data transmission and storage. This extensive network supports the growing demand for high-speed data and wireless communication, making it an essential partner for major telecommunication companies.

As a leading independent owner, operator, and developer of multitenant communications real estate, American Tower plays a critical role in facilitating the widespread adoption of 5G technology, IoT devices, and other emerging technologies. By providing the necessary infrastructure, the company helps bridge the digital divide, connecting people and communities worldwide.

Headquartered in Boston, Massachusetts, American Tower has established itself as a reliable and innovative partner in the telecommunications industry. With a strong commitment to sustainability and community development, the company continues to expand its global footprint, solidifying its position as a leader in the communications infrastructure space.

For more information about American Tower Corporation, please visit their official website at https://www.americantower.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for American Tower (AMT) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for American Tower (AMT) - Stock Price & Dividends

AMT Stock Overview

Market Cap in USD 92,008m
Sector Real Estate
Industry REIT - Specialty
GiC SubIndustry Telecom Tower REITs
TER 0.00%
IPO / Inception 1998-06-05

AMT Stock Ratings

Growth 5y -1.55
Fundamental 21.5
Dividend 8.57
Rel. Performance vs Sector -0.09
Analysts 4.33/5
Fair Price Momentum 179.34 USD
Fair Price DCF 187.97 USD

AMT Dividends

Yield 12m 3.37%
Yield on Cost 5y 3.46%
Dividends CAGR 5y 11.28%
Payout Consistency 100.0%

AMT Growth Ratios

Growth 12m 8.51%
Growth Correlation 12m 18%
Growth Correlation 3m 34%
CAGR 5y 0.55%
CAGR/Mean DD 5y 0.03
Sharpe Ratio 12m 0.13
Alpha vs SP500 12m -17.69
Beta vs SP500 5y weekly 0.94
ValueRay RSI 63.59
Volatility GJR Garch 1y 25.31%
Price / SMA 50 5.73%
Price / SMA 200 4.55%
Current Volume 2837k
Average Volume 20d 2502.3k

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What is the price of AMT stocks?
As of June 22, 2024, the stock is trading at USD 194.85 with a total of 2,837,037 shares traded.
Over the past week, the price has changed by -1.11%, over one month by +1.20%, over three months by +2.21% and over the past year by +6.61%.
What are the forecast for AMT stock price target?
According to ValueRays Forecast Model, AMT American Tower will be worth about 195.9 in June 2025. The stock is currently trading at 194.85. This means that the stock has a potential upside of +0.53%.
Issuer Forecast Upside
Wallstreet Target Price 222.9 14.4
Analysts Target Price 209.1 7.33
ValueRay Target Price 195.9 0.53

American Tower Corp: History, Business, and Market Status

History of American Tower Corp

American Tower Corporation (AMT) began its journey in 1995, focusing initially on the leasing of communication sites to the wireless industry and broadcasters. The company's roots were in a division of American Radio Systems Corp., and it officially spun off as an independent entity in 1998. Since then, American Tower has expanded its operations globally, becoming one of the largest operators of telecommunications towers in the world. The strategic acquisition of towers, including a significant purchase from Sprint in 2008, has fueled its growth.

Core Business

At its core, American Tower is a real estate investment trust (REIT) that owns, operates, and develops multi-tenant communications real estate. Its primary business involves leasing space on telecom towers to various tenants, including wireless service providers, radio and television broadcast companies, and broadband providers. By offering these tenants tower space, American Tower plays a pivotal role in ensuring the connectivity and communication infrastructure necessary for contemporary digital life.

Side Business Ventures

While leasing tower space is its main focus, American Tower has diversified its revenue streams. The company has ventured into the deployment of in-building and outdoor Distributed Antenna Systems (DAS), which enhance wireless coverage in challenging environments like stadiums, airports, and malls. Furthermore, American Tower has explored data center operations, recognizing the growing need for data processing and storage solutions as part of the global push towards digital transformation.

Current Market Status

As of the latest updates, American Tower continues to hold a dominant position in the market, with operations across the United States and in numerous countries around the world. The company's expansion strategy, including acquisitions in international markets, has allowed it to tap into the burgeoning demand for telecommunications infrastructure. Despite the challenges of regulatory environments and technological changes, American Tower has managed to maintain a strong financial performance, evidenced by its stock's status on the New York Stock Exchange (NYSE:AMT). In the face of increasing demand for 5G technology and the continuous growth of mobile device usage, American Tower's future market prospects remain promising.