• REIT - Specialty
  • Real Estate
American Tower Corporation logo
American Tower Corporation
AMT · US · NYSE
234.64
USD
+6.71
(2.86%)
Company Overview

116 HUNTINGTON AVE,BOSTON MA 02116,6173757500

CEO

Mr. Steven O. Vondran J.D.

Employess

5643

Sector

Real Estate

Industry

REIT - Specialty

Website

https://www.americantower.com

American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” sections of our investor relations website at www.americantower.com.

Next Earnings Date

Oct. 24, 2024

Ex Dividends date

Jul. 12, 2024

Dividend Date

June 14, 2024

YTD Performance

7.23%

Fiscal Year End

12-31

IPO Date

1998-02-27

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 12.73% 8.42% 11.49% 4.04%
EPS 8.55% 2.50% -5.85% -16.97%
Equity 1.74% -4.68% 0.85% -24.66%
Cash 21.71% 11.61% 6.23% 3.20%
Return On Capital (ROIC) 6.39% 5.88% 5.13% 6.00%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 3,980 5,300 5,280 1,330 3,420
Long Term Debt 43,200 41,700 46,700 35,400 27,600
LT Finance Leases 7,440 8,380 8,750 7,420 7,000
Shares Outstanding 466 462 451 444 442
Market Cap 101,000 97,800 132,000 99,600 102,000
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
2 Amazing REITs I'm Buying And Never Letting Go
2 months

Picking the right stock is crucial for investors looking for long-term growth and income. American Tower and Alexandria Real Estate are two strong picks with durable assets, steady growth, and attractive valuations. Both companies offer reliable dividends, strong balance sheets, and the potential for market-beating returns, making them ideal for long-term investors.

seekingalpha.com
The Top 3 Real Estate Stocks to Buy Now: Summer 2024
2 months

Buying real estate is one of the oldest ways of investing, and it has changed along with the evolution of the financial system. Renting out your space looks like a great option if you don't see it as passive income, because constant visits to check on the condition of the property can turn into a full-time job.

investorplace.com
American Tower Corporation Announces Participation in Upcoming August Investor Conferences
2 months

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that it will participate in the following upcoming investor conferences: Monday, August 5, 2024, 1:00 p.m. MT (3:00 p.m. ET) – Ed Knapp, Senior Vice President and Chief Technology Officer, is scheduled to speak at the KeyBanc Capital Markets Technology Leadership Forum in Vail, Colorado. Tuesday, August 13, 2024, 11:15 a.m. MT (1:15 p.m. ET) – Steve Vondran, President and Chief Executive Officer, is scheduled to spe.

businesswire.com
This Beaten-Down High-Yielding Dividend Stock Is Finally Turning the Corner
2 months

American Tower's earnings growth continued its re-acceleration in the second quarter. The REIT is benefiting from strong demand for towers and data center capacity.

fool.com
Two Best Monthly Picks From The S&P 100
2 months

Given the explosion over the past decade in stock market information and advice, it is not surprising that few investors or traders take the time to look at monthly data on stocks or ETFs. As each month ends I run several different scans on different lists, indices and sectors.

forbes.com
Q3's Rising Stars: 8 Dividend Stocks for Your Must-Watch List
2 months

Dividend stocks are a must-own component for any investor looking to establish serious wealth. We all know the statistic that the S&P 500 has returned 10.5% annually on average since its creation in 1957.

investorplace.com
American Tower (AMT) Q2 AFFO Beat Estimates, '24 View Raised
2 months

American Tower's (AMT) Q2 results beat estimates on better-than-anticipated revenues and strong organic tenant billing growth. It has raised its outlook for 2024.

zacks.com
Compared to Estimates, American Tower (AMT) Q2 Earnings: A Look at Key Metrics
2 months

Although the revenue and EPS for American Tower (AMT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

zacks.com
This Top-Tier Dividend Stock Just Crushed Earnings
2 months

American Tower posted strong tenant billings growth in the U.S. and international markets. Adjusted funds from operations grew even faster, fueling a growing dividend.

fool.com
American Tower (AMT) Surpasses Q2 FFO and Revenue Estimates
2 months

American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.79 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to FFO of $2.46 per share a year ago.

zacks.com
Get Your Money Out of These 3 REITS by 2025
2 months

Real estate investment trusts (REIT) provide steady income, and most recently, capital appreciation for most investors. Still, I believe that it is advisable to divest in REITs because of different economic and real estate-related issues.

investorplace.com
What to Expect From American Tower (AMT) in Q2 Earnings?
2 months

American Tower's (AMT) Q2 earnings are likely to have benefited from the solid demand for its communication real estate portfolio, though high interest expenses and elevated churn remain concerns.

zacks.com