Considering Investing in American Tower?

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
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.