American Tower Corporation Declares Quarterly Distribution
Business Wire (Thu, 6-Mar 4:15 PM ET)
American Tower Reviews Executive Compensation for 2025
TipRanks (Wed, 5-Mar 8:46 AM ET)
TipRanks (Wed, 5-Mar 4:20 AM ET)
American Tower to Present at the Deutsche Bank Media, Internet and Telecom Conference
Business Wire (Mon, 3-Mar 4:36 PM ET)
Over 60% of companies post EPS beats this week-Earnings Scorecard
Seeking Alpha News (Sat, 1-Mar 1:46 PM ET)
Real estate stocks stand out as winners in February despite a rise in bear sentiment
Seeking Alpha News (Sat, 1-Mar 12:00 PM ET)
American Tower Corporation Reports Fourth Quarter and Full Year 2024 Financial Results
Business Wire (Tue, 25-Feb 7:00 AM ET)
American Tower Corporation Announces Election of Rajesh Kalathur to Board of Directors
Business Wire (Wed, 5-Feb 4:30 PM ET)
American Tower Plans Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Business Wire (Wed, 22-Jan 4:30 PM ET)
American Tower Corporation Announces Tax Reporting Information for 2024 Distributions
Business Wire (Tue, 21-Jan 4:30 PM ET)
American Tower owns and operates more than 220,000 cell towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 US markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the US, which accounted for almost half of the company's total revenue in 2023. Outside the US, American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as a REIT.
American Tower (Reit) trades on the NYSE stock market under the symbol AMT.
As of March 6, 2025, AMT stock price declined to $206.93 with 2,286,807 million shares trading.
AMT has a beta of 0.28, meaning it tends to be less sensitive to market movements. AMT has a correlation of 0.01 to the broad based SPY ETF.
AMT has a market cap of $96.73 billion. This is considered a Large Cap stock.
Last quarter American Tower (Reit) reported $3 billion in Revenue and $2.32 earnings per share. This beat revenue expectation by $48 million and exceeded earnings estimates by $.01.
In the last 3 years, AMT traded as high as $282.47 and as low as $154.58.
The top ETF exchange traded funds that AMT belongs to (by Net Assets): VNQ, VTI, VOO, SPY, IVV.
AMT has underperformed the market in the last year with a return of +3.9%, while SPY returned +14.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMT shares. However, AMT has outperformed the market in the last 3 month and 2 week periods, returning -0.3% and +9.7%, while SPY returned -5.3% and -6.6%, respectively. This indicates AMT has been having a stronger performance recently.
AMT support price is $205.45 and resistance is $211.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMT shares will trade within this expected range on the day.