Shares of Real Estate sector company American Tower moved 1.6% today, and are now trading at a price of $210.61. The Large-Cap stock's daily volume was 2,225,101 compared to its average volume of 2,343,003. The S&P 500 index returned a 1.0% 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 over 224,000 communications sites and a highly interconnected footprint of U. The company is based in Boston and has 5,643 full time employees. Its market capitalization is $98,349,604,864. American Tower currently offers its equity investors a dividend that yields 3.1% per year.
18 analysts are following American Tower and have set target prices ranging from $196.0 to $248.0 per share. On average, they have given the company a rating of buy. At today's prices, AMT is trading -5.74% away from its average analyst target price of $223.44 per share.
Over the last year, AMT's share price has increased by 13.1%, which represents a difference of -11.1% when compared to the S&P 500. The stock's 52 week high is $219.1 per share whereas its 52 week low is $154.58. With average free cash flows of $2.77 Billion that have been growing at an average rate of 0.9% over the last 5 years, American Tower is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,722,400 | 1,798,100 | 2,924,300 | 60.45 |
| 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 |
