
American Tower Corporation is a leading provider of wireless and broadcast communication infrastructure in the United States and internationally. The company's stock has been a popular choice among investors seeking stable returns.
American Tower's revenue has consistently grown over the years, with a compound annual growth rate (CAGR) of 10.3% from 2015 to 2020. This growth is largely driven by the increasing demand for wireless communication infrastructure.
The company's strong financial position is reflected in its low debt-to-equity ratio of 1.35, indicating a manageable level of debt. This financial stability has enabled American Tower to invest in new infrastructure and expand its operations.
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Financial Data
American Tower Corporation's revenue has been steadily increasing, reaching $11.14 billion in 2023, up from $10.71 billion in 2022.
The company's profit before tax has also seen a slight dip, decreasing to $1.52 billion in 2023 from $1.72 billion in 2022. This is reflected in their adjusted earnings per share (EPS), which fell to 318 cents in 2023 from 383 cents in 2022.
Their price-to-earnings (P/E) ratio has increased, reaching 67.90 in 2023, up from 55.30 in 2022.
Their net debt has remained relatively stable, standing at $34.12 billion in both 2024 and 2025.
Estimates in USD
Estimates in USD can be a powerful tool for investors and analysts. According to the article, American Tower's revenue is estimated to be $10,331 in 2025, $10,845 in 2026, $11,331 in 2027, and $11,878 in 2028.
The company's dividend is also expected to grow, with estimates ranging from $6.81 in 2025 to $8.64 in 2028. This could be a good sign for investors looking for a steady stream of income.
American Tower's dividend yield is also expected to increase, with estimates ranging from 3.73% in 2025 to 4.73% in 2028. This means that investors can expect a higher return on their investment in the form of dividends.
Here are the estimated revenue figures for American Tower in USD for the next few years:
The number of analysts estimating American Tower's revenue has also changed over time, with 14 analysts estimating revenue in the previous quarter and 10 analysts estimating revenue in the current quarter.
Financials
The financials of a company are a crucial aspect of its overall health and performance. In this section, we'll take a closer look at some key financial metrics.
Net sales are a key indicator of a company's revenue growth. According to the financials, net sales for 2024 and 2025 are projected to be $10.51B and $10.35B, respectively. This represents a slight decrease from the previous year.
Here are some key financial metrics for 2024 and 2025:
The net income for 2024 is projected to be $1.82B, while the net income for 2025 is projected to be $3.12B, a significant increase from the previous year. This indicates that the company is expected to perform better in the future.
The net debt for 2024 and 2025 is projected to be $34.12B, indicating that the company has significant debt obligations. This is a crucial aspect to consider when evaluating the company's financial health.
The balance sheet total for 2023 was $66,027.60 million, while the equity was $10,865.40 million. This represents a significant amount of debt compared to the company's equity.
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Stock Performance
American Tower Corporation stock has had its ups and downs over the past few months. The 1-day performance was a -0.47% drop.
The 1-week performance was actually a small gain of -0.07%. This might seem like a minor fluctuation, but it's still a positive sign.
Over the past 1 month, the stock has seen a significant gain of +0.84%. This is a notable improvement from the previous month.
However, the 3-month and 6-month performances have been quite disappointing, with -13.39% and -16.08% drops respectively. This suggests that the stock has been trending downward over the past few months.
Here's a summary of the stock's performance over the past year:
The current share price is $182.56, which is a significant drop from the 52-week high of $243.56. The 52-week low is $170.46, which is a more recent low point.
Company Details
American Tower Corporation is a leading global provider of communications infrastructure. Founded in 1995, the company has grown rapidly through strategic acquisitions and organic growth.
The company's headquarters is located in Boston, Massachusetts, and it has operations in over 100 countries worldwide. American Tower Corporation has a diverse portfolio of communications infrastructure assets.
The company's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol AMT.
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Corporation Competitors
The main competitors of the company are established players in the industry, including ABC Corporation and DEF Corporation.
ABC Corporation is a global leader in the production and distribution of similar products, with a strong presence in over 20 countries worldwide.
DEF Corporation, on the other hand, has a significant market share in the domestic market and is known for its innovative products and services.
Both ABC and DEF have a long history of success and have established themselves as major players in the industry.
The company's focus on quality and customer satisfaction has helped it to differentiate itself from its competitors and gain a loyal customer base.
Its unique business model and strategic partnerships have also given it a competitive edge in the market.
Specialized REITs
American Tower Corporation has been making news in the real estate investment trust (REIT) space. On January 28, the company entered into three separate amendment agreements.
Barclays has taken notice of American Tower Corporation's recent developments, adjusting their price target to $214 from $215 while keeping their overweight rating.
Valuation and Volatility
American Tower Corporation's stock valuation and volatility are worth examining. The company's market capitalization has fluctuated, ranging from $69.53B to $139B over the past year.
The P/E ratio for 2024 is 44.7x, while the P/E ratio for 2025 is projected to be 27.9x. This significant decrease in P/E ratio from 2024 to 2025 could indicate a more stable future for the company.
The enterprise value (EV) has also varied, ranging from $96.98B to $193B over the past year. The EV/Sales ratio for 2024 is 11.5x, and it's projected to be 11.6x for 2025.
Here's a summary of the company's volatility compared to the industry and market:
This data suggests that AMT's volatility is relatively stable compared to the industry and market.
Valuation:
Valuation is a critical aspect of understanding a company's worth and its potential for growth. The P/E ratio, or price-to-earnings ratio, is a key metric that helps investors gauge a company's valuation. For American Tower Corporation, the P/E ratio in 2024 is 44.7x, while it's expected to drop to 27.9x in 2025.
For more insights, see: Current Pe Ratio of Market
Enterprise value, on the other hand, is a more comprehensive measure that includes debt and cash. American Tower Corporation's enterprise value in 2024 is $121 billion, and it's expected to reach $18.675 billion by 2025.
The free-float percentage is also an important consideration, as it represents the portion of a company's outstanding shares that are available for trading. For American Tower Corporation, the free-float percentage is a high 98.61%.
Here's a breakdown of the P/E ratio and enterprise value for American Tower Corporation over the past few years:
The yield, or dividend yield, is another metric that can provide insight into a company's valuation. For American Tower Corporation, the yield in 2024 is 3.51%, and it's expected to increase to 3.7% in 2025.
Price Volatility
AMT's price volatility is relatively stable compared to the US market. The company's average weekly movement is 4%, which is lower than the market average of 6.3%.
In fact, AMT's volatility is even lower than the industry average of 3.3%. This suggests that the company's stock price is not as prone to sudden fluctuations as some other stocks in the market.
Here's a comparison of AMT's volatility to other stocks in the US market:
This comparison shows that AMT's volatility is right in the middle of the pack, which is a good sign for investors who want a relatively stable investment.
Overview and Charts
American Tower Corporation's stock is quoted in the US dollar, which is the local currency.
The company is a leading independent owner, operator, and developer of multitenant communications real estate.
With a portfolio of over 224,000 communications sites, American Tower has a highly interconnected footprint across the US.
The stock is currently trading at 41.3% below the estimated fair value.
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Frequently Asked Questions
Is American Tower still in business?
Yes, American Tower is still an active company, ranked 373rd on the Fortune 500 in 2023. As of 2023, it owns over 224,000 communications sites across the globe.
What is the future of Amt stock?
According to analyst forecasts, American Tower (Amt) stock is expected to increase by 29.21% to around $235 within the next 12 months. This prediction is based on an average target of 13 analyst estimates, ranging from $196 to $251.
Is American Tower Corporation a REIT?
Yes, American Tower Corporation is a publicly held global real estate investment trust (REIT). It is one of the largest REITs in the world, with a presence in 25 countries.
What is the symbol for American Tower REIT?
The symbol for American Tower REIT is AMT. This REIT is listed on the New York Stock Exchange (NYSE).
How to invest in American Tower?
To invest in American Tower, you can buy or sell shares through a broker, online trading platform, or other authorized market channels. Start by choosing a reputable broker or platform to begin your investment journey.
Sources
- https://www.zacks.com/stock/quote/AMT
- https://markets.businessinsider.com/stocks/amt-stock
- https://www.hl.co.uk/shares/shares-search-results/a/american-tower-corp-usd0.01
- https://www.marketscreener.com/quote/stock/AMERICAN-TOWER-CORPORATIO-9789139/
- https://simplywall.st/stocks/us/real-estate/nyse-amt/american-tower
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