American Tower Corp Stock Today

AMT Stock  USD 171.30  0.30  0.18%   

Performance

0 of 100

 
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Odds Of Distress

Less than 38

 
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Below Average
American Tower is selling for under 171.30 as of the 19th of April 2024; that is 0.18 percent increase since the beginning of the trading day. The stock's last reported lowest price was 170.69. American Tower has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for American Tower Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
5th of June 1998
Category
Real Estate
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. The company has 466.96 M outstanding shares of which 5.1 M shares are presently shorted by investors with about 2.09 days to cover. More on American Tower Corp

Moving together with American Stock

  0.63BFS Saul CentersPairCorr
  0.67ELS Equity Lifestyle Pro Earnings Call This WeekPairCorr

American Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. American Tower's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American Tower or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, American Tower's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to American Tower's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentThomas CPA
Thematic Ideas
(View all Themes)
Old Names[TD AMERITRADE HLDG, TD AMERITRADE HLDG - Dusseldorf Stock Exchang, TD AMERITRADE HLDG, TD AMERITRADE HLDG (AMT.SG), TD Ameritrade Holding Corporation]
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, ARCA Institutional, FinTech, SRI Sustainable Growth, Macroaxis Picks, Real Estate, Diversified REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering American Tower report their recommendations after researching American Tower's financial statements, talking to executives and customers, or listening in on American Tower's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering American Tower Corp. The American consensus assessment is calculated by taking the average forecast from all of the analysts covering American Tower.
Financial Strength
Based on the analysis of American Tower's profitability, liquidity, and operating efficiency, American Tower Corp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of American Tower Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.1688
Significantly Down
Very volatile
Gross Profit Margin0.50.4305
Fairly Up
Slightly volatile
Net Debt47.3 B45.1 B
Sufficiently Up
Slightly volatile
Total Current Liabilities7.6 B7.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total50.3 B47.9 B
Sufficiently Up
Slightly volatile
Total Assets69.3 B66 B
Sufficiently Up
Slightly volatile
Total Current Assets3.9 B3.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating ActivitiesB4.7 B
Sufficiently Up
Slightly volatile
American Tower's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to American Tower's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
American Tower's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of American Tower's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand American Tower's financial leverage. It provides some insight into what part of American Tower's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on American Tower's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how American Tower deploys its capital and how much of that capital is borrowed.
Liquidity
American Tower cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 47.15 B in debt with debt to equity (D/E) ratio of 3.79, meaning that the company heavily relies on borrowing funds for operations. American Tower Corp has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist American Tower until it has trouble settling it off, either with new capital or with free cash flow. So, American Tower's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like American Tower Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American Tower's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

4.96 Billion
American Tower Corp (AMT) is traded on New York Stock Exchange in USA. It is located in 116 Huntington Avenue, Boston, MA, United States, 02116-5749 and employs 5,643 people. American Tower is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 79.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate American Tower's market, we take the total number of its shares issued and multiply it by American Tower's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. American Tower Corp runs under Diversified REITs sector within Real Estate industry. The entity has 466.96 M outstanding shares of which 5.1 M shares are presently shorted by investors with about 2.09 days to cover. American Tower Corp has about 2.03 B in cash with 4.72 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.56.
Check American Tower Probability Of Bankruptcy
Ownership Allocation
American Tower holds a total of 466.96 Million outstanding shares. The majority of American Tower Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in American Tower Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in American Tower. Please pay attention to any change in the institutional holdings of American Tower Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check American Ownership Details

American Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of American Tower jumping above the current price in 90 days from now is close to 99%. The American Tower Corp probability density function shows the probability of American Tower stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon American Tower has a beta of 0.9786. This suggests American Tower Corp market returns are related to returns on the market. As the market goes up or down, American Tower is expected to follow. Additionally, american Tower Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 171.3HorizonTargetOdds Above 171.3
0.48%90 days
 171.30 
99.51%
Based on a normal probability distribution, the odds of American Tower to move above the current price in 90 days from now is close to 99 (This American Tower Corp probability density function shows the probability of American Stock to fall within a particular range of prices over 90 days) .

American Stock Institutional Holders

Institutional Holdings refers to the ownership stake in American Tower that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of American Tower's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing American Tower's value.
InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2023-12-31
6.5 M
Principal Financial Group Inc2023-12-31
6.5 M
T. Rowe Price Associates, Inc.2023-12-31
6.2 M
Amvescap Plc.2023-12-31
5.7 M
Legal & General Group Plc2023-12-31
5.5 M
Northern Trust Corp2023-12-31
5.4 M
Nuveen Asset Management, Llc2023-12-31
5.3 M
Jennison Associates Llc2023-12-31
5.3 M
Edgewood Management Llc2023-12-31
M
Vanguard Group Inc2023-12-31
61 M
Blackrock Inc2023-12-31
36.8 M
View American Tower Diagnostics

American Tower Historical Income Statement

American Tower Corp Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Tower Corp revenue and expense. American Tower Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, American Tower's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.5 B in 2024, whereas Preferred Stock And Other Adjustments is likely to drop slightly above 8 M in 2024. View More Fundamentals

American Stock Against Markets

Picking the right benchmark for American Tower stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American Tower stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American Tower is critical whether you are bullish or bearish towards American Tower Corp at a given time. Please also check how American Tower's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in American Tower without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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American Tower Corporate Directors

American Tower corporate directors refer to members of an American Tower board of directors. The board of directors generally takes responsibility for the American Tower's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of American Tower's board members must vote for the resolution. The American Tower board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David SharbuttIndependent DirectorProfile
Carolyn KatzIndependent DirectorProfile
JoAnn ReedIndependent DirectorProfile
Gustavo CantuIndependent DirectorProfile

How to buy American Stock?

Before investing in American Tower, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in American Tower. To buy American Tower stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of American Tower. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase American Tower stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located American Tower Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased American Tower Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as American Tower Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy American Stock please use our How to Invest in American Tower guide.

Already Invested in American Tower Corp?

The danger of trading American Tower Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Tower is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Tower. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Tower Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether American Tower Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Tower Corp Stock. Highlighted below are key reports to facilitate an investment decision about American Tower Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is American Tower's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Tower. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Tower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
6.45
Earnings Share
3.18
Revenue Per Share
23.911
Quarterly Revenue Growth
0.03
The market value of American Tower Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Tower's value that differs from its market value or its book value, called intrinsic value, which is American Tower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Tower's market value can be influenced by many factors that don't directly affect American Tower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Tower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.