Analysts Point To American Tower Corp. (NYSE: AMT) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, AMT falls under the Real Estate sector while operating within the REIT – Specialty industry segment. The current market capitalization of American Tower Corp. is $100.37B. A total of 1.61 million shares were traded on the day, compared to an average of 2.18M shares.

In the most recent transaction, Goel Sanjay sold 3,504 shares of AMT for 200.36 per share on Jun 04 ’24. After the transaction, the EVP & President, Asia-Pacific now owns 28,413 company shares. In a previous transaction on May 03 ’24, HORMATS ROBERT D sold 700 shares at 183.50 per share. AMT shares that Director owns now total 7,332.

Among the insiders who sold shares, Font Juan disposed of 540 shares on Mar 15 ’24 at a per-share price of $197.49. This resulted in the SVP, Pres. & CEO, CoreSite holding 19,265 shares of AMT after the transaction. In another insider transaction, Smith Rodney M sold 11,510 shares at $205.71 per share on Mar 06 ’24. Company shares held by the EVP, CFO & Treasurer now total 62,969.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. American Tower Corp. pays an annual dividend of $6.56, resulting in a dividend yield of 3.05%, and it has a price to earnings (P/E) ratio of 48.65. AMT’s most recent ex-dividend date was 6/14/2024 when it declared a $1.62 quarterly dividend that was paid in cash on 7/12/2024. Previously, the company paid the dividend on 4/26/2024 with an ex-dividend date of 4/11/2024. The AMT stock dividend was $1.62 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, AMT has a high of $219.10 and a low of $154.58.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. AMT’s latest balance sheet shows that the firm has $1.95B in Cash & Short Term Investments as of fiscal 2021. There were $52.01B in debt and $9.07B in liabilities at the time. Its Book Value Per Share was $8.67, while its Total Shareholder’s Equity was $9.07B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMT is Buy with a score of 4.55.

Most Popular

Related Posts