Shares of Real Estate sector company American Tower moved -0.3% today, and are now trading at a price of $186.21. The large-cap stock's daily volume was 950,732 compared to its average volume of 2,109,431. 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 225,000 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 $86,804,586,496. American Tower currently offers its equity investors a dividend that yields 3.4% per year.
16 analysts are following American Tower and have set target prices ranging from $169.0 to $271.0 per share. On average, they have given the company a rating of buy. At today's prices, AMT is trading -10.96% away from its average analyst target price of $209.13 per share.
Over the last year, AMT shares have gone down by -8.0%, which represents a difference of -23.0% when compared to the S&P 500. The stock's 52 week high is $235.57 per share and its 52 week low is $154.58. Although American Tower's average free cash flow over the last 6 years has been $2.68 Billion, they have been decreasing at an average rate of -2.8%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,397,200 | 2,000,200 | 2,397,000 | 31.52 |
| 2022 | 3,696,200 | 1,873,600 | 1,822,600 | -47.07 |
| 2021 | 4,819,900 | 1,376,700 | 3,443,200 | 20.83 |
| 2020 | 3,881,400 | 1,031,700 | 2,849,700 | 3.2 |
| 2019 | 3,752,600 | 991,300 | 2,761,300 | -2.6 |
| 2018 | 3,748,300 | 913,200 | 2,835,100 |
