Shares of American Tower have moved -2.1% today, and are now trading at a price of $193.47. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 187,582 compared to the stock's average volume of 2,337,271.
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 over 224,000 communications sites and a highly interconnected footprint of U. Based in Boston, United States the company has 5,643 full time employees and a market cap of $90,226,524,160. American Tower currently offers its equity investors a dividend that yields 3.3% per year.
The company is now trading -15.47% away from its average analyst target price of $228.88 per share. The 16 analysts following the stock have set target prices ranging from $183.0 to $245.0, and on average give American Tower a rating of buy.
Over the last 12 months AMT shares have declined by -1.7%, which represents a difference of -29.1% when compared to the S&P 500. The stock's 52 week high is $219.1 per share and its 52 week low is $154.58. With its net margins declining an average -5.3% over the last 6 years, American Tower declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 11,144,200 | 1,367,100 | 12 | -25.0 |
| 2022 | 10,711,100 | 1,696,700 | 16 | -40.74 |
| 2021 | 9,356,900 | 2,567,600 | 27 | 28.57 |
| 2020 | 8,041,500 | 1,690,600 | 21 | -16.0 |
| 2019 | 7,580,300 | 1,887,800 | 25 | 47.06 |
| 2018 | 7,440,100 | 1,236,400 | 17 |
