American Tower (AMT) - Stock Price & Dividends

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

American Tower Corp (NYSE:AMT) is among the top global Real Estate Investment Trusts (REITs). It stands out as a prominent owner, operator, and builder of communication real estate that serves multiple tenants worldwide. The company boasts a vast portfolio of close to 225,000 communication sites coupled with a well-connected network of data center facilities across the United States.

Operating at the forefront of the industry, American Tower Corp plays a significant role in providing essential infrastructure for modern communication needs. With a strong emphasis on reliability and innovation, the company continues to expand its reach and enhance connectivity for various telecoms and technology companies around the globe.

To learn more about American Tower Corp and explore its offerings, you can visit their website at https://www.americantower.com.

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Drawdown (Underwater) Chart

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

AMT Stock Overview

Market Cap in USD 87,233m
Sector Real Estate
Industry REIT - Specialty
GiC SubIndustry Specialized REITs
TER 0.00%
IPO / Inception 1998-06-05

AMT Stock Ratings

Fundamental 1.26
Dividend 8.66
Growth 5y 0.82
Rel. Performance vs Sector -0.46
Analysts 4.30
Fair Price Total Ret. 178.38
Fair Price DCF 166.62

AMT Dividends

Yield 12m 3.33%
Yield on Cost 5y 4.03%
Dividends CAGR 5y 11.28%
Payout Consistency 100.0%

AMT Growth Ratios

Growth 12m 2.83%
Growth Correlation 12m 1%
Growth Correlation 3m -54%
CAGR 5y 3.89%
CAGR / Mean Drawdown 0.25
Sharpe Ratio 12m -0.09
Alpha vs SP500 12m -24.59
Beta vs SP500 5y weekly 0.89
CAPM 7.69%
Average Daily Range 2m 2.11%
Regime Oscillator 57.49
Volatility GJR Garch 1y 22.99%
Price / SMA 50 -3.89%
Price / SMA 200 3.73%
Current Volume 4059.1k
Average Volume 20d 2485.5k

External Links for AMT Stock

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What is the price of AMT stocks?
As of February 29, 2024, the stock is trading at USD 193.76 with a total of 4,059,122 shares traded.
Over the past week, the price has changed by +2.94%, over one month by -2.69%, over three months by -3.90% and over the past year by +2.73%.
Why is AMT stock down?
Check with which Index or Commodity AMT has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return AMT Return S&P 500
1 Month -2.69% 3.05%
3 Months -3.90% 11.73%
12 Months 2.73% 29.22%
What is the forecast for AMT stock price target?
According to ValueRays Forecast Model, AMT American Tower will be worth about 194.6 in February 2025. The stock is currently trading at 193.76. This means that the stock has a potential upside of +0.41%.
Issuer Forecast Upside
Wallstreet Target Price 229.6 18.5%
Analysts Target Price 209.1 7.9%
ValueRay Target Price 194.6 0.4%

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.