Streetbeat News

AMT

American Tower Corporation

https://www.americantower.com

Industry

REIT - Specialty

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.

Open

190.76

Mkt cap

89B

Volume

2.3M

High

191.75

P/E Ratio

45.99

52-wk high

243.56

Low

189.43

Div yield

0.03

52-wk low

170.46

American Tower (AMT) has experienced a 16% stock decline over the past three months due to challenges in India and Latin America. The sale of its Indian tower operations to Data Infrastructure Trust impacted its Q3 performance.

Portfolio Pulse from

January 22, 2025 | 3:30 pm

Data center REITs, driven by AI demand, have become the largest property sector. Digital Realty and Equinix lead with strong growth prospects, but current valuations suggest waiting. Other options include Iron Mountain, American Tower, and COPT Defense Properties, benefiting from data center demand and offering attractive dividends.

Portfolio Pulse from

January 22, 2025 | 12:15 pm

American Tower (AMT) is expected to announce a dividend hike, driven by double-digit growth in data centers and 5G buildouts. The company's recent sell-off has created attractive entry points for investors, with potential upside linked to increased capacity by 2025.

Portfolio Pulse from

January 21, 2025 | 2:15 pm

The article discusses the challenges of investing in dividend stocks, highlighting that even high-quality dividends can sometimes disappoint in terms of income growth. It suggests that robust fundamentals do not always guarantee income growth.

Portfolio Pulse from

January 20, 2025 | 2:30 pm

American Tower (AMT) outperformed the market by closing at $179.19, marking a 1.14% increase from the previous day's close.

Portfolio Pulse from

January 09, 2025 | 12:30 am

The article discusses the author's top 10 REITs for 2025, focusing on those with competitive advantages and financial stability. The list includes EastGroup, Terreno Realty, Rexford Industrial, VICI Properties, American Tower, Realty Income, Ryman Hospitality, Alexandria Real Estate, Americold, and NNN REIT.

Portfolio Pulse from

December 31, 2024 | 12:15 pm

American Tower (AMT) has faced growth challenges over the past year, but there are opportunities for reacceleration. Investors should consider these factors when deciding whether to retain AMT stock in their portfolio.

Portfolio Pulse from

December 27, 2024 | 4:45 pm

American Tower (AMT) has faced a 24% decline since a bearish rating due to high valuation and poor growth prospects. The article discusses potential headwinds and strategies for investing in AMT.

Portfolio Pulse from

December 20, 2024 | 6:45 pm

American Tower Corporation (AMT) presents an attractive investment opportunity with a 3.6% dividend yield and potential for growth through additional tenants, new infrastructure, and M&A. Despite recent currency headwinds affecting EBITDA, the company plans to divest its India business to reduce debt and expects a 7% pro forma FFO per share growth this year.

Portfolio Pulse from

December 20, 2024 | 3:30 pm

American Tower's recent price decline offers a buying opportunity for income-focused investors, with a 3.5% dividend yield and potential for market-beating returns. AMT's global portfolio and strong financials highlight its resilience and growth potential.

Portfolio Pulse from

December 19, 2024 | 3:15 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.