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How to buy American Tower (AMT) shares in Australia

Learn how to easily invest in American Tower shares.

American Tower Corp (AMT) is a leading reit - specialty business with stocks listed in the US. It opened the day at US$209.8 after a previous close of US$210.72. During the day the price has varied from a low of USD204.05 to a high of USD210.29. The latest price was USD206.45 (25 minute delay). American Tower is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in American Tower

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. 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, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for American Tower. Find the share by name or ticker symbol: AMT. Research its history to confirm it's a solid investment that matches 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 reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$210.72, 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, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of American Tower. 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.

American Tower stock price (NYSE:AMT)

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

American Tower shares at a glance

Information last updated 2023-12-08.
OpenUS$209.8
HighUS$210.29
LowUS$204.05
CloseUS$206.45
Previous closeUS$210.72
Change US$-4.27
Change % -2.0264%
Volume 2,357,284
Information last updated 2023-12-04.
52-week rangeUS$153.0107 - US$229.574
50-day moving average US$177.3238
200-day moving average US$188.3648
Target priceUS$209.94
PE ratio 141.0338
Dividend yield US$6.31 (3.08%)
Earnings per share (TTM) US$1.48

American Tower share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

American Tower price performance over time

Historical closes compared with the last close of $206.45

1 week (2023-12-01) -1.91%
1 month (2023-11-08) 11.95%
3 months (2023-09-08) 14.13%
6 months (2023-06-08) 8.65%
1 year (2022-12-08) -2.73%
2 years (2021-12-08) -25.16%
3 years (2020-12-09) -5.92%
5 years (2018-12-07) 24.05%

Compare trading platforms to buy American Tower shares

1 - 6 of 6
Name Product Standard brokerage for US shares Currency conversion fee Asset class
eToro
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IG Share Trading
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Moomoo Share Trading
US$0.99
55 pips or 0.0055 AUD/USD
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CMC Invest
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CMC Invest
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$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, crypto, ETFs and managed funds, with access to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
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US$0.25
0.50% (50 pips)
ASX shares, Options trading, US shares, ETFs
Earn US$100 in cash vouchers when you fund your new account and maintain a minimum balance of US$2,000 by Dec 29 until March 31, 2024. Plus, earn up to 5.3% p.a. yield on your US cash account (T&Cs apply).
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Tiger Brokers
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37 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get 10 brokerage-free trades for the US or ASX market for the first 180 days and US$50 fractional shares when you deposit at least US$500. Plus, all new customers get 1 free trade per month for the first 12 months (T&Cs apply).
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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 stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Is American Tower under- or over-valued?

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

American Tower's P/E ratio

American Tower's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 141x. In other words, American Tower shares trade at around 141x 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's PEG ratio

American Tower's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.5775. 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'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's EBITDA

American Tower's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$6.7 billion (£5.3 billion).

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

American Tower share price volatility

Over the last 12 months, American Tower's shares have ranged in value from as little as US$153.0107 up to US$229.574. A popular way to gauge a stock's volatility is its "beta".

AMT.US volatility(beta: 0.68)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while American Tower's is 0.683. This would suggest that American Tower's shares are less volatile than average (for this exchange).

American Tower financials

Revenue TTM US$11.1 billion
Operating margin TTM 34.94%
Gross profit TTM US$7.4 billion
Return on assets TTM 3.36%
Return on equity TTM 5.41%
Profit margin 6.46%
Book value 9.725
Market capitalisation US$97.3 billion

TTM: trailing 12 months

American Tower share dividends

4%

Dividend payout ratio: 4.12% of net profits

Recently American Tower has paid out, on average, around 4.12% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.08% 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 shareholders could enjoy a 3.08% return on their shares, in the form of dividend payments. In American Tower's case, that would currently equate to about $6.31 per share.

While American Tower's payout ratio might seem low, this can signify that American Tower is investing more in its future growth.

American Tower's most recent dividend payout was on 27 October 2023. The latest dividend was paid out to all shareholders who bought their shares by 10 October 2023 (the "ex-dividend date").

American Tower'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.

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

American Tower'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's overall score of 16.08 (as at 01/01/2019) 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 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's environmental score

Environmental score: 7.31/100

American Tower'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 is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

American Tower's social score

Social score: 4.68/100

American Tower'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 is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

American Tower's governance score

Governance score: 3.09/100

American Tower's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that American Tower 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 Corp 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 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 nearly 225,000 communications sites and a highly interconnected footprint of U.S. data center facilities.

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