American Tower Corp (NYSE:AMT) (2024)

FAQs

Is Amt a good stock to buy now? ›

Based on analyst ratings, American Tower's 12-month average price target is $219.07. American Tower has 17.82% upside potential, based on the analysts' average price target. American Tower has a consensus rating of Strong Buy which is based on 13 buy ratings, 3 hold ratings and 0 sell ratings.

Future Growth

American Tower is forecast to grow earnings and revenue by 10.6% and 0.9% per annum respectively. EPS is expected to grow by 11.2% per annum. Return on equity is forecast to be 84.4% in 3 years.

The intrinsic value of one AMT stock under the Base Case scenario is 202.51 USD. Compared to the current market price of 185.93 USD, American Tower Corp is Undervalued by 8%.

Latest American Tower Corp Stock News. As of May 16, 2024, American Tower Corp had a $89.7 billion market capitalization, putting it in the 98th percentile of companies in the REITs - Specialized industry. Currently, American Tower Corp's price-earnings ratio is 44.1.

American Tower has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VGSIX - Vanguard Real Estate Index Fund Investor Shares, Cohen & Steers, Inc., Wellington Management Group Llp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode ...

Total debt on the balance sheet as of March 2024 : $47.84 B

According to American Tower's latest financial reports the company's total debt is $47.84 B. A company's total debt is the sum of all current and non-current debts.

American Tower Earnings: Performance Remains Good Despite a Challenging Environment. American Tower's first-quarter results were impressive considering the headwinds facing tower providers. Management sounded optimistic that leasing activity is improving, though the firm maintained its full-year leasing outlook.

Why invest in American Tower? ›

American Tower trades well below their 5-year P/AFFO average of roughly 25x, presenting a great buying opportunity for long-term investors. The company has shown solid growth in a challenging economic environment and managed to grow its top & bottom lines YoY despite a miss in Q4.

From its 1995 origin as an American Radio subsidiary, and following years of growth at home and abroad, American Tower today is a Fortune 500 company making a positive impact on people and communities around the globe.

The ownership structure of American Tower (AMT) stock is a mix of institutional, retail and individual investors. Approximately 78.04% of the company's stock is owned by Institutional Investors, 1.18% is owned by Insiders and 20.78% is owned by Public Companies and Individual Investors.

AMT pays a dividend of $1.62 per share. AMT's annual dividend yield is 3.35%. When is American Tower ex-dividend date? American Tower's previous ex-dividend date was on Apr 11, 2024.

During the past 13 years, the highest Dividend Payout Ratio of American Tower was 1.36. The lowest was 0.70. And the median was 0.94. As of today (2024-05-19), the Dividend Yield % of American Tower is 3.35%.

The company's exposure to interest rates and maturing business have led to a decline in stock price, but its well-diversified nature and strong prospects make it an attractive long-term investment.

ALT Stock 12 Month Forecast

Based on 7 Wall Street analysts offering 12 month price targets for Altimmune in the last 3 months. The average price target is $23.20 with a high forecast of $35.00 and a low forecast of $12.00. The average price target represents a 216.51% change from the last price of $7.33.

Based on the Applied Molecular Transport stock forecast, it's now a good time to buy AMTI stock because it's trading 0.00% below our forecast, and it could be undervalued.