How to buy American Tower Corporation REIT shares | AMT historical share price and analysis

How to buy American Tower Corporation REIT shares

Own American Tower Corporation REIT shares in just a few minutes.

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American Tower Corporation (REIT) (AMT) is a leading reit-specialty business with stocks listed in the US. It opened the day at US$250.28 after a previous close of US$252.19. During the day the price has varied from a low of USD250.09 to a high of USD254.02. The latest price was USD251.39 (25 minute delay). American Tower Corporation REIT is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in American Tower Corporation REIT

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for American Tower Corporation REIT. Find the share by name or ticker symbol: AMT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until American Tower Corporation REIT reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of American Tower Corporation REIT, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of American Tower Corporation REIT. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

American Tower Corporation REIT share price

Use our graph to track the performance of AMT stocks over time.

American Tower Corporation REIT shares at a glance

Information last updated 2021-04-22.
OpenUS$250.28
HighUS$254.02
LowUS$250.09
CloseUS$251.39
Previous closeUS$252.19
Change US$-0.8
Change % -0.3172%
Volume 1,138,388
Information last updated 2021-04-21.
52-week rangeUS$196.4813 - US$267.9888
50-day moving average US$228.6057
200-day moving average US$229.0777
Target priceUS$273.71
PE ratio 66.6676
Dividend yield US$4.53 (1.82%)
Earnings per share (TTM) US$3.79

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy American Tower Corporation REIT stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

American Tower Corporation REIT price performance over time

Historical closes compared with the last close of $251.39

1 week (2021-04-15) 1.71%
1 month (2021-03-19) 13.31%
3 months (2021-01-22) 12.27%
6 months (2020-10-22) 6.63%
1 year (2020-04-22) -0.63%
2 years (2019-04-22) 30.71%
3 years (2018-04-20) 84.01%
5 years (2016-04-22) 141.28%

Is American Tower Corporation REIT under- or over-valued?

Valuing American Tower Corporation REIT stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of American Tower Corporation REIT's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

American Tower Corporation REIT's P/E ratio

American Tower Corporation REIT's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 67x. In other words, American Tower Corporation REIT shares trade at around 67x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

American Tower Corporation REIT's PEG ratio

American Tower Corporation REIT's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.5443. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into American Tower Corporation REIT's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

American Tower Corporation REIT's EBITDA

American Tower Corporation REIT's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$5 billion (£3.6 billion).

The EBITDA is a measure of a American Tower Corporation REIT's overall financial performance and is widely used to measure a its profitability.

American Tower Corporation REIT financials

Revenue TTM US$8 billion
Operating margin TTM 39.17%
Gross profit TTM US$5.8 billion
Return on assets TTM 4.37%
Return on equity TTM 29.76%
Profit margin 21.02%
Book value 9.213
Market capitalisation US$112.4 billion

TTM: trailing 12 months

Shorting American Tower Corporation REIT shares

There are currently 3.3 million American Tower Corporation REIT shares held short by investors – that's known as American Tower Corporation REIT's "short interest". This figure is 12.3% down from 3.8 million last month.

There are a few different ways that this level of interest in shorting American Tower Corporation REIT shares can be evaluated.

American Tower Corporation REIT's "short interest ratio" (SIR)

American Tower Corporation REIT's "short interest ratio" (SIR) is the quantity of American Tower Corporation REIT shares currently shorted divided by the average quantity of American Tower Corporation REIT shares traded daily (recently around 2.6 million). American Tower Corporation REIT's SIR currently stands at 1.26. In other words for every 100,000 American Tower Corporation REIT shares traded daily on the market, roughly 1260 shares are currently held short.

However American Tower Corporation REIT's short interest can also be evaluated against the total number of American Tower Corporation REIT shares, or, against the total number of tradable American Tower Corporation REIT shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case American Tower Corporation REIT's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 American Tower Corporation REIT shares in existence, roughly 10 shares are currently held short) or 0.0087% of the tradable shares (for every 100,000 tradable American Tower Corporation REIT shares, roughly 9 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against American Tower Corporation REIT.

Find out more about how you can short American Tower Corporation REIT stock.

American Tower Corporation REIT's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like American Tower Corporation REIT.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

American Tower Corporation REIT's total ESG risk score

Total ESG risk: 16.08

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and American Tower Corporation REIT's overall score of 16.08 (as at 12/31/2018) is excellent – landing it in it in the 16th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like American Tower Corporation REIT is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

American Tower Corporation REIT's environmental score

Environmental score: 7.31/100

American Tower Corporation REIT's environmental score of 7.31 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that American Tower Corporation REIT is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

American Tower Corporation REIT's social score

Social score: 4.68/100

American Tower Corporation REIT's social score of 4.68 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that American Tower Corporation REIT is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

American Tower Corporation REIT's governance score

Governance score: 3.09/100

American Tower Corporation REIT's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that American Tower Corporation REIT is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Environmental, social, and governance (ESG) summary

American Tower Corporation (REIT) was last rated for ESG on: 2019-01-01.

Total ESG score 16.08
Total ESG percentile 16.36
Environmental score 7.31
Environmental score percentile 2
Social score 4.68
Social score percentile 2
Governance score 3.09
Governance score percentile 2

American Tower Corporation REIT share dividends

60%

Dividend payout ratio: 59.59% of net profits

Recently American Tower Corporation REIT has paid out, on average, around 59.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.96% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), American Tower Corporation REIT shareholders could enjoy a 1.96% return on their shares, in the form of dividend payments. In American Tower Corporation REIT's case, that would currently equate to about $4.53 per share.

American Tower Corporation REIT's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

American Tower Corporation REIT's most recent dividend payout was on 28 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 April 2021 (the "ex-dividend date").

American Tower Corporation REIT share price volatility

Over the last 12 months, American Tower Corporation REIT's shares have ranged in value from as little as US$196.4813 up to US$267.9888. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while American Tower Corporation REIT's is 0.2046. This would suggest that American Tower Corporation REIT's shares are less volatile than average (for this exchange).

American Tower Corporation REIT overview

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 approximately 181,000 communications sites.

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