Shares of American Tower have moved -0.9% today, and are now trading at a price of $180.17. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 111,536 compared to the stock's average volume of 2,106,300.
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. Based in Boston, United States the company has 6,391 full time employees and a market cap of $83,988,946,944. American Tower currently offers its equity investors a dividend that yields 3.5% per year.
The company is now trading -13.85% away from its average analyst target price of $209.13 per share. The 16 analysts following the stock have set target prices ranging from $169.0 to $271.0, and on average give American Tower a rating of buy.
Over the last 12 months AMT shares have declined by -19.0%, which represents a difference of -29.0% when compared to the S&P 500. The stock's 52 week high is $235.57 per share and its 52 week low is $154.58. With its net margins declining an average -10.3% over the last 6 years, American Tower declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 10,915,400 | 967,400 | 9 | -43.75 |
| 2022 | 10,711,100 | 1,765,800 | 16 | -40.74 |
| 2021 | 9,356,900 | 2,567,700 | 27 | 28.57 |
| 2020 | 8,041,500 | 1,691,500 | 21 | -16.0 |
| 2019 | 7,580,300 | 1,916,600 | 25 | 47.06 |
| 2018 | 7,440,100 | 1,264,700 | 17 |
