AMT - American Tower Corporation (REIT)
| Previous close | 141.67 |
| Open | 141.32 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 140.12 - 142.02 |
| 52-week range | 130.37 - 155.28 |
| Volume | 1,787,009 |
| Avg. volume | 2,079,409 |
| Market cap | 62B |
| Beta | 0.88 |
| PE ratio (TTM) | 53.38 |
| EPS (TTM) | 2.63 |
| Earnings date | 31 Jul 2018 |
| Forward dividend & yield | 3.08 (2.11%) |
| Ex-dividend date | 2018-06-18 |
| 1y target est | 157.80 |
- Zacks•3 days ago
Crown Castle (CCI) Q2 FFO & Revenues Rise Y/Y, '18 View Up
Extensive tower portfolio, higher revenues from new leasing activity and contracted tenant escalation buoy Crown Castle's (CCI) Q2 results. Also, the company raises outlook for 2018.
- MarketWatch•5 days ago
Sustainable investing grows in popularity, but is dogged by performance questions
It sounds like an unbeatable deal for investors: a way to not only grow wealth but to do so with better performance than the overall market and while acting in concert with their moral values. This is the promise of sustainable investing, one of the trendiest strategies on Wall Street, but one where the effectiveness remains highly debated and skepticism about long-term performance is preventing even more broad-based adoption. Proponents argue that the stocks or bonds with higher ESG scores will also see better long-term performance relative to benchmark indexes like the S&P 500 (SPX) .
Market Realist•5 days agoCould It Be a Good Time to Invest in American Tower?
Since price-to-FFO (funds from operations) ratios consider depreciation and other adjustments, they’re suitable for valuing REITs. While American Tower’s (AMT) TTM (trailing-12-month) price-to-FFO ratio is 22.1x, main competitors Crown Castle (CCI), Realty Income (O), and Simon Property (SPG) have TTM price-to-FFO ratios of 25.9x, 18.9x, and 15.1x, respectively, meaning AMT is trading at a discount to Crown Castle but at a premium to Realty Income and Simon Property.
Market Realist•5 days agoWhy Wall Street Loves American Tower
American Tower’s (AMT) consistently strong performance and encouraging outlook for 2018 have instilled confidence among analysts, as reflected in their ratings. Analysts’ target price of $158.50 for AMT implies a 10.7% rise from its current price of $143.23. In 2017, the stock gained 33.5%.
Market Realist•5 days agoHow American Tower Is Expected to Benefit from Tax Reform
Donald Trump’s Tax Cut and Jobs Act is expected to have positive effects on the entire telecom industry. Its enactment has brought down tax rates to 21% from 35% and allows companies to repatriate overseas cash by paying a one-time tax of 15.5% instead of 35%. In the first quarter, American Tower’s (AMT) income tax benefit rose YoY (year-over-year) to $31.3 million from $27 million. American Tower anticipates a $10 million tax reduction in 2018, which could boost its consolidated adjusted funds from operations.
- Market Realist•5 days ago
American Tower’s Diligent Capital Allocation to Fund Growth
American Tower’s (AMT) core strategy lies in the expansion and acquisition of properties, towers, and fiber cells. Simultaneously, being a REIT, it has to pay at least 90% of its taxable income in the form of dividends. American Tower, with a disciplined capital allocation approach, has continued investing in its businesses—not just for growth but also to boost returns to shareholders.
Market Realist•5 days agoWhat American Tower’s Global Expansion Strategy Indicates
American Tower’s (AMT) global expansion strategy, which includes acquisitions and joint ventures in several countries (mainly in developing nations), is likely to continue supporting its top line. The company’s international revenue contribution rose from 36% in 2014 to 45% in 2017. During the first quarter, the company’s international revenue grew ~11% year-over-year.
Market Realist•5 days agoThis Is Anticipated to Drive American Tower’s Domestic Market
American Tower (AMT) generates ~55% of its revenue from the US market. In the last reported quarter, its US property revenue grew 4.4% YoY (year-over-year), while its organic tenant revenue grew 6.3% YoY. Accelerated 5G (fifth-generation) deployment by domestic wireless network carriers and the mobile industry’s continuous evolution are expected to further drive demand for communication sites and towers, boosting American Tower’s US property revenue.
Market Realist•5 days agoHow a Trade War Could Affect American Tower’s Profitability
Maintaining his campaign pledge, Donald Trump has ramped up the US-China trade war. Prior to the tariff announcement, the Trump administration withdrew from the Trans-Pacific Partnership and initiated an investigation into China’s alleged theft of American intellectual property.
Market Realist•5 days agoDemand and Pricing Expected to Boost American Tower’s Q2 Revenue
American Tower’s (AMT) top line has grown. In the second quarter, analysts expect the company’s revenue to grow 6% YoY (year-over-year) to $1.76 billion, boosted by its global expansion strategies and 5G (fifth-generation) network deployment in the United States. However, industry consolidation in domestic and global markets may result in a higher churn rate, possibly offsetting the growth.
Market Realist•5 days agoWhat’s Expected to Drive American Tower’s Q2 2018 Earnings
American Tower (AMT) is slated to release its second-quarter 2018 results on July 31. Analysts expect its AFFO (adjusted funds from operations) to rise 10.1% YoY (year-over-year) to $1.74 per share.
- Zacks•5 days ago
Crown Castle (CCI) to Report Q2 Earnings: What to Expect?
Crown Castle International's (CCI) Q2 results likely to reflect benefits from a well-located tower portfolio. However, its top line might display impact of stiff competition in the industry.
- Business Wire•23 days ago
American Tower Plans Second Quarter 2018 Earnings Release and Conference Call
American Tower Corporation announced today that the press announcement of its second quarter 2018 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, July 31, 2018.
- Motley Fool•last month
The 10 Largest REIT Stocks -- Which Are the Best Buys Now?
The biggest is worth more than $60 billion, and you may be surprised at the type of real estate it owns.
- Barrons.com•last month
[$$] American Tower Could Soar 43%
Target price: $200 Recent price: $139.64 Timeframe: 2-5 years Company Overview: American Tower is an owner and operator of towers used for wireless communication. AMT is in a tower real estate business that is benefitted directly by advancement of technology and demand for higher data consumption. Multiple tenants lease vertical space on the tower to place their communications equipment.
- Motley Fool•2 months ago
Could American Tower Get Even Bigger?
The largest REIT in the market could still have lots of room to grow.
- Motley Fool•2 months ago
3 REITs You May Not Have Heard of
Not all REITs invest in apartments, malls, hotels, and office buildings.
- Market Realist•2 months ago
Why REIT Valuations Look Attractive as the Market Hits the Roof
In the recently concluded first quarter, more than 95% of REITs reported earnings beats and maintained their guidances for 2018. Retail sector REITs, which were battered in 2017, have now stabilized, and industrial (LXP) and hotel (PEB) REITs beat expectations in the first quarter. The laggards in the first-quarter earnings season were the REITs investing in student housing, cell towers (AMT), and apartments (APT).
- Business Wire•2 months ago
American Tower Corporation to Present at Nareit’s REITweek 2018 Investor Conference
American Tower Corporation today announced that Tom Bartlett, its Executive Vice President, Chief Financial Officer and Treasurer, is scheduled to present at Nareit’s REITweek 2018 Investor Conference in New York, New York, on Wednesday, June 6, 2018 at 9:30 a.m.
- Business Wire•2 months ago
American Tower Corporation to Present at the Bank of America Merrill Lynch Global Telecom, Media & Technology Conference
BOSTON--(BUSINESSWIRE)-- American Tower Corporation (NYSE: AMT) today announced that Leah Stearns, CEO of the Company’s EMEA region, is scheduled to present at the Bank of America Merrill Lynch Global ...
- Business Wire•2 months ago
American Tower Corporation to Present at the Bank of America Merrill Lynch Global Telecom, Media & Technology Conference
American Tower Corporation today announced that Leah Stearns, CEO of the Company’s EMEA region, is scheduled to present at the Bank of America Merrill Lynch Global Telecom, Media & Technology Conference in London, England, on Wednesday, June 6, 2018 at 9:20 a.m.
- Motley Fool•2 months ago
3 Top Stocks for Retirees
3M, Apple, and American Tower all have a lot to offer your retirement portfolio.
- Business Wire•2 months ago
American Tower Corporation Declares Quarterly Distribution
American Tower Corporation announced that its board of directors has declared its quarterly cash distribution of $0.77 per share on shares of the Company’s common stock.
- Motley Fool•2 months ago
3 Value Stocks Perfect for Retirement
American Tower, Brookfield Infrastructure Partners, and Cisco are the right kinds of investments you want in retirement.
- Business Wire•2 months ago
American Tower Corporation to Present at the Cowen and Company 46th Annual Technology, Media & Telecom Conference
American Tower Corporation today announced that Igor Khislavsky, its Senior Director, Investor Relations, is scheduled to present at the Cowen and Company 46th Annual Technology, Media & Telecom Conference in New York, New York, on Wednesday, May 30, 2018 at 3:55 p.m.
