American Tower Corp | REIT Profile

Symbol: AMT
CIK: 1053507
Exchange: NYSE
Founded: 1995 (29 years)
HQ: Boston, MA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Infrastructure

See AMT on Yahoo Finance
See AMT on SEC.gov

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About American Tower Corp

American Tower Corporation is a publicly held company, owner and operator of wireless and broadcast communications infrastructure in several countries. American Tower is headquartered in Boston, Massachusetts and has local offices worldwide.


American Tower Corp Company Logo

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Previous Close Volume Change $ Change %
$196.45 $196.73 $193.75 $195.00 $194.77 2,587,387 $1.68 0.86%

Last update: 2024-11-18 10:20:20 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 7.6

Dividend of Trading Day 2024-11-15


Dividend Yield: 3.32%*
Annualized Dividend: $6.48*
Dividend Yield (TTM): 3.3%
Annualized Dividend (TTM): $6.56
Ex-Dividend Date: 2024-10-09
Dividend Date: 2024-10-25
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for American Tower Corp

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for AMT.

Year Quarter Type Amount Dividend Paid Payout Ratio
2024 Q2 AFFO $--- $--- ---%
2024 Q1 AFFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day 2024-11-15


Market Capitalization: $91,013,882,000
EBITDA: $6,966,100,000
P/E Ratio: 46.93
PEG Ratio: 1.20
Book Value: 7.79
Dividend Per Share: $6.56
EPS: 4.15
Revenue Per Share TTM: $23.93
ProfitMargin: 9.90%
Operating Margin TTM: 45.20%
Return on Assets TTM: 4.45%
Return on Equity TTM: 17.70%
Revenue TTM: $11,167,700,000
Gross Profit TTM: $7,447,300,000
Diluted EPS TTM: $4.15
Quarterly Earnings Growth YOY: 88.20%
Quarterly Revenue Growth YOY: N/A
Trailing P/E: 46.93
Forward P/E: 30.30
Beta: 0.84
Price to Sales Ratio TTM: 8.15
Price to Book Ratio: 25.04
EV to Revenue: 11.98
EV to EBITDA: 21.96x
Shares Outstanding: 467,289,000
52 Week High: $241.80
52 Week Low: $167.84
50 Day Moving Average: $223.28
200 Day Moving Average: $204.67

Properties Owned by AMT


AMT Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $213.54 per share you would have been able to buy 4 shares of AMT on 2023-11-18 costing $854.16 @ $213.54 per share you would have been able to buy 2 shares of AMT on 2023-11-18 costing $427.08 @ $213.54 per share you would have been able to buy 1 shares of AMT on 2023-11-18 costing $213.54 @ $213.54 per share you would have been able to buy 0 shares of AMT on 2023-11-18 costing $0.00 @ $213.54 per share you would have been able to buy 0 shares of AMT on 2023-11-18 costing $0.00
Current worth On 2024-07-05 these 4 shares would be worth $782.56 @ $195.64 On 2024-07-05 these 2 shares would be worth $391.28 @ $195.64 On 2024-07-05 these 1 shares would be worth $195.64 @ $195.64 On 2024-07-05 these 0 shares would be worth $0.00 @ $195.64 On 2024-07-05 these 0 shares would be worth $0.00 @ $195.64
Dividends earned $26.24 in dividends would have been earned since 2023-11-18 with 4 shares. $13 in dividends would have been earned since 2023-11-18 with 2 shares. $6.56 in dividends would have been earned since 2023-11-18 with 1 shares. $0.00 in dividends would have been earned since 2023-11-18 with 0 shares. $0.00 in dividends would have been earned since 2023-11-18 with 2 shares.
Net (gain / loss)* -45.36 USD -22.68 USD -11.34 USD 0.00 USD 0.00 USD
ROI** -5.31% -5.31% -5.31% nan% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by AMT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
AMT 2024-10-09 1.620 --- 2024-09-12 2024-10-09 2024-10-25
AMT 2024-06-14 1.620 --- 2024-05-23 2024-06-14 2024-07-12
AMT 2024-04-11 1.620 -4.71% 2024-03-14 2024-04-12 2024-04-26
AMT 2023-12-27 1.700 4.94% 2023-12-14 2023-12-28 2024-02-01
AMT 2023-10-10 1.620 3.18% 2023-09-20 2023-10-11 2023-10-27
AMT 2023-06-15 1.570 0.64% 2023-05-25 2023-06-16 2023-07-10
AMT 2023-04-13 1.560 --- 2023-03-09 2023-04-14 2023-04-28
AMT 2022-12-27 1.560 6.12% 2022-12-08 2022-12-28 2023-02-02
AMT 2022-10-07 1.470 2.80% 2022-09-22 2022-10-11 2022-10-26
AMT 2022-06-16 1.430 2.14% 2022-05-19 2022-06-17 2022-07-08
AMT 2022-04-12 1.400 0.72% 2022-03-11 2022-04-13 2022-04-29
AMT 2021-12-23 1.390 6.11% 2021-12-16 2021-12-27 2022-01-14
AMT 2021-09-27 1.310 3.15% 2021-09-16 2021-09-28 2021-10-15
AMT 2021-06-17 1.270 2.42% 2021-05-27 2021-06-18 2021-07-09
AMT 2021-04-12 1.240 2.48% 2021-03-04 2021-04-13 2021-04-29
AMT 2020-12-24 1.210 6.14% 2020-12-03 2020-12-28 2021-02-02
AMT 2020-09-25 1.140 3.64% 2020-09-10 2020-09-28 2020-10-16
AMT 2020-06-18 1.100 1.85% 2020-05-19 2020-06-19 2020-07-10
AMT 2020-04-13 1.080 6.93% 2020-03-13 2020-04-14 2020-04-29
AMT 2019-12-26 1.010 6.32% 2019-12-12 2019-12-27 2020-01-14

Financial Statements Overview


The next Earnings Report for AMT is 2024-07-30

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
10 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 5.0
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 7.9
9 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.6
8 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.5
Rating AFFO & Efficiency Section Avg. Rating
10 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 8.6
7 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
8 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 6.9
9 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.1
Rating Leverage Section Avg. Rating
9 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 5.9
9 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 6.5
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
7 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 7.3
0 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 4.8
3 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.8
Rating Asset & Revenue Section Avg. Rating
8 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.5
8 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 8.3
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.3
5 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.3
Rating Properties Section Avg. Rating
7 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.1
Rating Market Cap Section Avg. Rating
3 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.6
7.6 Overall REITRating™ Score (See trend) 6.3

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2024-11-18 - v5.8