American Tower Corp Stock Today

AMT Stock  USD 213.72  3.80  1.81%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 24

 
High
 
Low
Low
American Tower is selling for under 213.72 as of the 26th of July 2024; that is 1.81% increase since the beginning of the trading day. The stock's last reported lowest price was 210.06. American Tower has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Note, on January 24, 2024, Representative Pete Sessions of US Congress acquired under $15k worth of American Tower Corp's common stock.
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 466.98 M outstanding shares of which 5.97 M shares are presently shorted by investors with about 3.26 days to cover. More on American Tower Corp

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American Stock Highlights

ESG Sustainability
Environmental
Governance
Social
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 ConcentrationTelecom Tower REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, ARCA Institutional, SRI Sustainable Growth, FinTech, Real Estate, Specialized REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
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
Debt Levels
American Tower can leverage 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.
Liquidity
American Tower Corp 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. Note however, debt could still be an excellent tool for American to invest in growth at high rates of return.

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 Telecom Tower REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 99.8 B. American Tower Corp runs under Specialized REITs sector within Real Estate industry. The entity has 466.98 M outstanding shares of which 5.97 M shares are presently shorted by investors with about 3.26 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
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 on January 24, 2024, Representative Pete Sessions of US Congress acquired under $15k worth of American Tower Corp's common stock.
Check American Ownership Details

American Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-03-31
6.6 M
Dimensional Fund Advisors, Inc.2024-03-31
6.5 M
T. Rowe Price Associates, Inc.2024-03-31
5.7 M
Legal & General Group Plc2024-03-31
5.6 M
Amvescap Plc.2024-03-31
5.5 M
Northern Trust Corp2024-03-31
5.2 M
Nuveen Asset Management, Llc2024-03-31
5.1 M
Charles Schwab Investment Management Inc2024-03-31
4.9 M
Norges Bank2023-12-31
4.9 M
Vanguard Group Inc2024-03-31
62 M
Blackrock Inc2024-03-31
36.4 M
View American Tower Diagnostics

American Tower Historical Income Statement

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 Research Development is likely to drop 0.13 in 2024. View More Fundamentals

American Stock Against Markets

American Tower Corporate Directors

David SharbuttIndependent DirectorProfile
JoAnn ReedIndependent DirectorProfile
Gustavo CantuIndependent DirectorProfile
Craig MacnabIndependent DirectorProfile

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.

Additional Tools for American Stock Analysis

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.