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American Tower NYSE:AMT Stock Report

Last Price

US$184.85

Market Cap

US$90.3b

7D

-7.4%

1Y

-12.4%

Updated

18 Dec, 2024

Data

Company Financials +

American Tower Corporation

NYSE:AMT Stock Report

Market Cap: US$90.3b

AMT Stock Overview

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. More details

AMT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance4/6
Financial Health1/6
Dividends5/6

My Notes

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US$238.32
FV
22.4% undervalued intrinsic discount
1.13%
Revenue growth p.a.
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Updated narrative

American Tower Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for American Tower
Historical stock prices
Current Share PriceUS$184.85
52 Week HighUS$243.56
52 Week LowUS$170.46
Beta0.82
1 Month Change-7.04%
3 Month Change-20.43%
1 Year Change-12.44%
3 Year Change-34.28%
5 Year Change-18.60%
Change since IPO708.09%

Recent News & Updates

American Tower: An Undervalued Dividend Stock Benefiting From Durable Competitive Advantages

Nov 18

American Tower's Multiyear Underperformance Will Continue

Oct 21

Recent updates

American Tower: An Undervalued Dividend Stock Benefiting From Durable Competitive Advantages

Nov 18

American Tower's Multiyear Underperformance Will Continue

Oct 21

American Tower: 5G Reacceleration, But Volatility Comes First (Rating Upgrade)

Sep 19

Say 'Night Night' With American Tower

Aug 17

American Tower: The Perfect Exposure For Lower Interest Rates

Aug 09

American Tower: An Undervalued 'Blackstone-Style' REIT

Jul 09

American Tower Isn't Dead As The Tide Is Potentially Turning

Jun 06

American Tower: Tower-Ing Returns

May 01

American Tower: Buy-And-Hold Investors Should Be Euphoric About This Bargain

Apr 21

American Tower: Don't Be Fooled By The Dividend Cut

Mar 25

Growth Or Dividends? Get Both With American Tower

Mar 02

American Tower Has Dividend Power

Feb 22

American Tower: Mobile Trends Fueling Expansion But Not A Buy Yet

Feb 06

American Tower: There's Still Time To Buy This Wonderful REIT

Jan 05

American Tower Is Too Expensive

Dec 04

American Tower: 2-Notch Upgrade From Sell To Buy

Nov 28

Down 40% - 3.6%-Yielding American Tower Is A Deep-Value Opportunity

Nov 02

American Tower: I Agree With Wall Street On This One

Oct 26

The Towering Inferno: SBA Communications And American Tower Entering Buy-Zones

Sep 28

It's The Best Time In History To Buy American Tower

Sep 20

2 Insanely Cheap REITs I Am Buying

Sep 06

Crown Castle Vs. American Tower: Only One Deserves To Be Called King

Aug 27

Who Else Is Doubling Down On Cell Tower REITs?

Aug 08

American Tower: Too Depressed But Buyers' Redemption Is Likely Close

Jul 26

From Towers To Cash Flow: American Tower's Winning Formula

Jun 25

Buy American Tower For Income

May 24

Skeptical American Tower would look to acquire Cellnex - analyst

Jan 23

American Tower raised at Goldman as rates-driven slump creates buying opportunity

Jan 10

American Tower: Ignore The Market's Signals

Dec 19

Shareholder Returns

AMTUS Specialized REITsUS Market
7D-7.4%-2.7%0.1%
1Y-12.4%3.0%26.1%

Return vs Industry: AMT underperformed the US Specialized REITs industry which returned 3% over the past year.

Return vs Market: AMT underperformed the US Market which returned 26.1% over the past year.

Price Volatility

Is AMT's price volatile compared to industry and market?
AMT volatility
AMT Average Weekly Movement3.7%
Specialized REITs Industry Average Movement3.1%
Market Average Movement6.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: AMT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AMT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19955,643Steve Vondranwww.americantower.com

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.

American Tower Corporation Fundamentals Summary

How do American Tower's earnings and revenue compare to its market cap?
AMT fundamental statistics
Market capUS$90.31b
Earnings (TTM)US$1.94b
Revenue (TTM)US$11.17b

44.5x

P/E Ratio

7.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMT income statement (TTM)
RevenueUS$11.17b
Cost of RevenueUS$3.25b
Gross ProfitUS$7.91b
Other ExpensesUS$5.97b
EarningsUS$1.94b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.16
Gross Margin70.86%
Net Profit Margin17.40%
Debt/Equity Ratio363.8%

How did AMT perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

70%

Payout Ratio

Does AMT pay a reliable dividends?

See AMT dividend history and benchmarks
When do you need to buy AMT by to receive an upcoming dividend?
American Tower dividend dates
Ex Dividend DateDec 27 2024
Dividend Pay DateFeb 03 2025
Days until Ex dividend8 days
Days until Dividend pay date46 days

Does AMT pay a reliable dividends?

See AMT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 22:27
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

American Tower Corporation is covered by 53 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Jacob KilsteinArgus Research Company
Christopher WattsAtlantic Equities LLP