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Real Estate - REIT - Specialty - NYSE - US
$ 213.39
-3.08 %
$ 99.9 B
Market Cap
30.88
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AMT stock under the worst case scenario is HIDDEN Compared to the current market price of 213 USD, American Tower Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AMT stock under the base case scenario is HIDDEN Compared to the current market price of 213 USD, American Tower Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AMT stock under the best case scenario is HIDDEN Compared to the current market price of 213 USD, American Tower Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AMT

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$230.0$230.0$220.0$220.0$210.0$210.0$200.0$200.0$190.0$190.0$180.0$180.0$170.0$170.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
10.1 B REVENUE
-9.13%
4.52 B OPERATING INCOME
49.31%
2.28 B NET INCOME
53.72%
5.29 B OPERATING CASH FLOW
12.03%
411 M INVESTING CASH FLOW
124.22%
-5.45 B FINANCING CASH FLOW
-76.03%
2.55 B REVENUE
1.00%
1.08 B OPERATING INCOME
-5.19%
1.23 B NET INCOME
257.68%
1.2 B OPERATING CASH FLOW
-18.40%
-361 M INVESTING CASH FLOW
-27.82%
-908 M FINANCING CASH FLOW
70.95%
Balance Sheet American Tower Corporation
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Current Assets 3.18 B
Cash & Short-Term Investments 2 B
Receivables 540 M
Other Current Assets 639 M
Non-Current Assets 57.9 B
Long-Term Investments 0
PP&E 27.1 B
Other Non-Current Assets 30.8 B
3.27 %44.45 %50.35 %Total Assets$61.1b
Current Liabilities 7.08 B
Accounts Payable 241 M
Short-Term Debt 4.27 B
Other Current Liabilities 2.57 B
Non-Current Liabilities 44.4 B
Long-Term Debt 39.7 B
Other Non-Current Liabilities 4.67 B
8.30 %4.99 %77.16 %9.08 %Total Liabilities$51.4b
EFFICIENCY
Earnings Waterfall American Tower Corporation
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Revenue 10.1 B
Cost Of Revenue 0
Gross Profit 10.1 B
Operating Expenses 5.61 B
Operating Income 4.52 B
Other Expenses 2.24 B
Net Income 2.28 B
12b12b10b10b8b8b6b6b4b4b2b2b0010b010b(6b)5b(2b)2bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
44.60% OPERATING MARGIN
44.60%
22.27% NET MARGIN
22.27%
66.67% ROE
66.67%
3.69% ROA
3.69%
6.97% ROIC
6.97%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis American Tower Corporation
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4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.28 B
Depreciation & Amortization 2.12 B
Capital Expenditures -1.59 B
Stock-Based Compensation 204 M
Change in Working Capital 0
Others 630 M
Free Cash Flow 3.7 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets American Tower Corporation
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Wall Street analysts predict an average 1-year price target for AMT of $239 , with forecasts ranging from a low of $220 to a high of $260 .
AMT Lowest Price Target Wall Street Target
220 USD 3.10%
AMT Average Price Target Wall Street Target
239 USD 11.78%
AMT Highest Price Target Wall Street Target
260 USD 21.84%
Price
Max Price Target
Min Price Target
Average Price Target
260260250250240240230230220220210210200200190190180180170170160160May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.88% DIVIDEND YIELD
1.7 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.503.503.003.002.502.502.002.001.501.501.001.000.500.500.000.000.420.440.510.530.620.640.750.770.90.921.081.11.241.271.41.431.561.571.621.621.70.460.550.660.790.951.141.310.491.370.581.570.71.870.842.161.012.581.212.991.393.451.472.241.562.461.622.541.72.781.622.721.622.861.271.401.431.561.571.621.621.702015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership American Tower Corporation
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Sold
0-3 MONTHS
6.16 M USD 4
3-6 MONTHS
3 M USD 1
6-9 MONTHS
24.7 M USD 5
9-12 MONTHS
831 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
8 Upcoming Dividend Increases During Volatile Times 8 Upcoming Dividend Increases During Volatile Times seekingalpha.com - 2 weeks ago
My Top 10 High-Yield Dividend Stocks For April 2025 Q1 2025 ended negatively for SPY and VYM, but my watchlist outperformed, limiting losses to 1.38% and achieving a YTD gain of 1.89%. Since inception, my watchlist has a CAGR of 15.83%, outperforming SPY and VYM, and providing higher yields. The April 2025 watchlist includes 10 stocks with an average forward dividend yield of 3.48% and an expected return of 15.43%. seekingalpha.com - 2 weeks ago
KBRA Assigns A+ Rating, Stable Outlook to Allegheny County Airport Authority (Pittsburgh International Airport) Airport Revenue Bonds, Series 2025A (AMT) and Airport Revenue Bonds Series 2025B (Federally Taxable) NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of A+ with a Stable Outlook to the Allegheny County Airport Authority, PA (Pittsburgh International Airport) Airport Revenue Bonds, Series 2025A (AMT) and Airport Revenue Bonds, Series 2025B (Federally Taxable), and affirms the A+ rating and Stable Outlook on outstanding Airport Revenue Bonds. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives ACAA's proactive leadershi. businesswire.com - 2 weeks ago
American Tower Plans First Quarter 2025 Earnings Release and Conference Call BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced today that the press announcement of its first quarter 2025 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, April 29, 2025. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on April 29, 2025, to discuss its results. Earnings Call Information Date/Time Tuesday, April 29, 2025, at 8:30 a.m. ET Pre-Registration Link for Dial-In Access Participants can pre-register. businesswire.com - 2 weeks ago
Should You Retain American Tower Stock in Your Portfolio Now? AMT is likely to gain from the solid demand for wireless connectivity and capital allocation strategy despite customer concentration and consolidation. zacks.com - 2 weeks ago
American Tower: I'm Dollar-Cost-Averaging For Dividend Power Dollar-cost-averaging is an effective strategy for acquiring shares of high-quality companies like American Tower, which is trading at a reasonable price. AMT's robust portfolio, strong tenant base, and global footprint make it a compelling long-term investment, driven by 5G and AI-driven data center demand. With a forward P/FFO of 22.2, a 3.1% dividend yield, and a solid balance sheet, AMT offers a reasonable entry point for dollar-cost-averaging investors. seekingalpha.com - 2 weeks ago
Countdown To Tariff Day Ahead of the April 2nd tariff unveiling, US equity markets were under renewed pressure this week on downbeat data showing a further dip in consumer confidence and hotter-than-expected PCE inflation. As a turbulent first quarter wraps up, the updated GDPNow - the Atlanta Fed's closely watched GDP tracking model - forecasts growth of -2.8% overall and -0.5% on a "gold-adjusted basis." Posting weekly declines for the seventh time in the past nine weeks, the S&P 500 finished lower by 1.5% - extending its drawdown to 9.3% from its record-highs. seekingalpha.com - 2 weeks ago
State Of REITs: The 'Dark Age' Is Over While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-January. The rebound follows a truly forgettable three-year period for REITs dating back to the start of the Fed's rate hiking cycle in which REITs have accumulated 40 percentage-points of underperformance. REITs remain as unloved as ever: The number of publicly listed REITs declined for a fourth-straight year in 2024. As an asset class, REITs are the single-largest "underweight" among institutional investors. seekingalpha.com - 3 weeks ago
American Tower Stock Rises 17.8% YTD: Too Late to Buy? Shares of American Tower AMT have rallied 17.8% so far in the year, closing at $216.23 on Friday on the NYSE. The stock has outperformed the Zacks REIT and Equity Trust - Other industry and the S&P 500 composite as well as its close industry peer like SBA Communications Corporation SBAC. zacks.com - 3 weeks ago
Fed Looms As Sentiment Dims US equity markets remained under pressure this week as encouraging inflation data and a deal to avoid a government shutdown were offset by further tariff escalations and weak sentiment data. Markets struggled to agree on how the FOMC will interpret the latest economic data, with recent "hard data" showing encouraging trends while "softer" survey data has painted a far-bleaker outlook. Following its worst week in six months, the S&P 500 finished lower by another 2.3% this week - its fourth-straight week of declines - which dragged the index into "correction territory." seekingalpha.com - 1 month ago
American Tower Corporation Prices Senior Notes Offering BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2030 and 2035 in aggregate principal amounts of $650.0 million and $350.0 million, respectively. The 2030 notes will have an interest rate of 4.900% per annum and are being issued at a price equal to 99.846% of their face value. The 2035 notes will have an interest rate of 5.350% per annum and are being issued at a price equal to 99.724% of. businesswire.com - 1 month ago
Losers Of REIT Earnings Season In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commercial Mortgage REITs were the "biggest loser" of REIT earnings season after results showed ongoing problems in the office space and a significant deterioration in multifamily bridge loan performance. Results from Hotel REITs were also disappointing given the record-levels of travel demand, as margin pressures from higher labor costs have taken a sizable bite out of bottom-line profitability. seekingalpha.com - 1 month ago
8. Profile Summary

American Tower Corporation AMT

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COUNTRY US
INDUSTRY REIT - Specialty
MARKET CAP $ 99.9 B
Dividend Yield 0.88%
Description 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.
Contact 116 Huntington Avenue, Boston, MA, 02116 https://www.americantower.com
IPO Date Feb. 27, 1998
Employees 4691
Officers Mr. Rodney M. Smith Executive Vice President, Chief Financial Officer & Treasurer Mr. Steven O. Vondran J.D. President, Chief Executive Officer & Director