Robert Meyer - American Tower President

AMT Stock  USD 173.35  0.83  0.48%   

President

Mr. Robert Joseph Meyer, Jr. CPA serves as Senior Vice President Finance, Corporationrationrate Controller of the Company. Prior to joining us, he was with Bright Horizons Family Solutions since 1998, a provider of child care, early education and worklife consulting services, where he most recently served as Chief Accounting Officer. Mr. Meyer also served as Corporationrationrate Controller and Vice President of Finance while at Bright Horizons. Prior to that, from 1997 to 1998, Mr. Meyer served as Director of Financial Planning and Analysis at First Security Services Corp since 2020.
Age 56
Tenure 4 years
Address 116 Huntington Avenue, Boston, MA, United States, 02116-5749
Phone617 375 7500
Webhttps://www.americantower.com
Meyer earned a Masters in Finance from Bentley University and a BS in Accounting from Marquette University, and is also a Certified Public Accountant.

American Tower Management Efficiency

The company has Return on Asset of 0.0358 % which means that on every $100 spent on assets, it made $0.0358 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1175 %, implying that it generated $0.1175 on every 100 dollars invested. American Tower's management efficiency ratios could be used to measure how well American Tower manages its routine affairs as well as how well it operates its assets and liabilities. At this time, American Tower's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.02 in 2024, whereas Return On Capital Employed is likely to drop 0.03 in 2024. At this time, American Tower's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 69.3 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 708 M in 2024.
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.

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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. American Tower operates under REITSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 6378 people. 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.

Management Performance

American Tower Corp Leadership Team

Elected by the shareholders, the American Tower's board of directors comprises two types of representatives: American Tower inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Tower's management team and ensure that shareholders' interests are well served. American Tower's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Tower's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven Marshall, Executive VP and President of U.S. Tower Division
Amit Sharma, Executive Vice President and President Asia
Thomas CPA, CEO President
David Sharbutt, Independent Director
Carolyn Katz, Independent Director
Edmund Esq, Chief VP
CPA Meyer, Senior Officer
Leah Stearns, Sr. VP of Investor Relations and Treasurer
JoAnn Reed, Independent Director
Gustavo Cantu, Independent Director
Edmund DiSanto, Executive Vice President Chief Administrative Officer, General Counsel, Secretary
Bob Meyer, Senior Vice President - Finance, Corporate Controller
Teresa Clarke, Director
Sanjay Goel, Executive Vice President and Presidentident - Asia-Pacific
Craig Macnab, Independent Director
Robert Hormats, Independent Director
William Hess, Executive VP of International Operations and President of Latin America and EMEA
Raymond Dolan, Independent Director
Samme Thompson, Independent Director
Julian Plumstead, Africa Europe
Eugene Noel, Executive Division
Igor Khislavsky, Senior Director, Investor Relations
Pamela Reeve, Independent Chairman of the Board
Steven Vondran, Executive Vice President and President U.S. Tower Division
Adam Smith, Senior Relations
Colleen Powell, Equity Diversity
James Taiclet, Chairman of the Board, President, Chief Executive Officer
Rodney Smith, Chief Financial Officer, Executive Vice President, Treasurer
Ruth Dowling, Chief VP
Thomas Bartlett, Chief Financial Officer, Executive Vice President
Kelly Chambliss, Director
Steven JD, Executive Officer
Edward Knapp, Senior CTO
Gustavo Lara, Independent Director
Kenneth Frank, Independent Director
Bruce Tanner, Independent Director
Anthony Noble, Senior Officer
Grace Lieblein, Independent Director
Robert Meyer, Senior Vice President - Finance, Corporate Controller
Olivier Puech, Executive Vice President and President - Latin America and EMEA

American Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is American Tower a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with American Tower

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Tower position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Tower will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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The ability to find closely correlated positions to American Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Tower when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Tower - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Tower Corp to buy it.
The correlation of American Tower is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Tower Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Tower can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running American Tower's price analysis, check to measure American Tower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.
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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
3.19
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.