AMT

What Facts Should You Know About American Tower?

Shares of Real Estate sector company American Tower moved 0.7% today, and are now trading at a price of $190.31. The large-cap stock's daily volume was 1,811,779 compared to its average volume of 2,281,403. The S&P 500 index returned a 0.0% performance.

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 226,000 communications sites and a highly interconnected footprint of U. The company is based in Boston and has 6,391 full time employees. Its market capitalization is $88,692,645,888.

17 analysts are following American Tower and have set target prices ranging from $211.0 to $271.0 per share. On average, they have given the company a rating of buy. At today's prices, AMT is trading -18.98% away from its average analyst target price of $234.88 per share.

Over the last year, AMT shares have gone down by -2965.2%, which represents a difference of -4091.0% when compared to the S&P 500. The stock's 52 week high is $282.47 per share and its 52 week low is $178.17. With average free cash flows of $5.36 Billion that have been growing at an average rate of 4.1% over the last 4 years, American Tower declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2023-02-23 3,696,200 -1,873,600 5,569,800 -10.12
2022-02-25 4,819,900 -1,376,700 6,196,600 26.12
2021-02-25 3,881,400 -1,031,700 4,913,100 3.57
2020-02-25 3,752,600 -991,300 4,743,900 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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