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

197.18

Mkt cap

92B

Volume

1.4M

High

198.58

P/E Ratio

47.51

52-wk high

243.56

Low

196.12

Div yield

0.03

52-wk low

170.46

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

The article discusses five dividend growth stocks that are currently down 24% to 41%, presenting a potential buying opportunity for long-term passive income investors before 2025.

Portfolio Pulse from

December 19, 2024 | 10:00 am

The article highlights five undervalued REITs with strong growth potential and attractive valuations: VICI Properties, Realty Income, Alexandria Real Estate, American Tower, and Rexford Industrial. These REITs offer significant upside potential by the end of 2025, with well-covered dividends and solid balance sheets.

Portfolio Pulse from

December 16, 2024 | 12:15 pm

American Tower (AMT) has experienced a 16% decline in stock price over the past three months due to setbacks affecting its growth. However, there are opportunities for the company to reaccelerate its growth. Investors are considering whether to buy, sell, or hold the stock.

Portfolio Pulse from

December 12, 2024 | 6:00 pm

American Tower Corporation (AMT) participated in the UBS Global Media & Communications Conference, with EVP and CFO Rod Smith representing the company. The conference included discussions with UBS analyst Batya Levi.

Portfolio Pulse from

December 10, 2024 | 8:45 pm

uniQure has reached an agreement with the FDA on the key elements of the accelerated approval pathway for its AMT-130 treatment for Huntington's Disease. The FDA has agreed that data from ongoing Phase I/II studies, compared to a natural history external control, can serve as the primary basis for a Biologics License Application (BLA) for Accelerated Approval.

Portfolio Pulse from

December 10, 2024 | 12:30 pm

American Tower Corporation has declared a quarterly cash distribution of $1.62 per share, payable on February 3, 2025, to stockholders of record as of December 27, 2024.

Portfolio Pulse from

December 05, 2024 | 9:30 pm

The article discusses two S&P 500 dividend stocks that are considered excellent for long-term passive income due to their strong market positions and favorable megatrends.

Portfolio Pulse from

December 01, 2024 | 11:45 am

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.