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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$194.1 after a previous close of US$194.17. During the day the price has varied from a low of USD192.91 to a high of USD196.37. The latest price was USD194.85 (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$194.17, 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 2024-06-21.
OpenUS$194.1
HighUS$196.37
LowUS$192.91
CloseUS$194.85
Previous closeUS$194.17
Change US$0.68
Change % 0.3502%
Volume 2,747,791
Information last updated 2024-06-20.
52-week rangeUS$149.2176 - US$215.3617
50-day moving average US$185.4006
200-day moving average US$189.8494
Target priceUS$222.94
PE ratio 43.8307
Dividend yield US$6.51 (3.34%)
Earnings per share (TTM) US$4.43

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 $194.85

1 week (2024-06-14) -1.11%
1 month (2024-05-22) 1.83%
3 months (2024-03-22) 1.07%
6 months (2023-12-22) -9.45%
1 year (2023-06-22) 4.52%
2 years (2022-06-21) -21.07%
3 years (2021-06-22) -26.92%
5 years (2019-06-21) -9.45%

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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 44x. In other words, American Tower shares trade at around 44x 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 1.3963. 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$7 billion (£5.5 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$149.2176 up to US$215.3617. A popular way to gauge a stock's volatility is its "beta".

AMT.US volatility(beta: 0.79)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 0.788. This would suggest that American Tower's shares are less volatile than average (for this exchange).

American Tower financials

Revenue TTM US$11.2 billion
Operating margin TTM 43.63%
Gross profit TTM US$7.4 billion
Return on assets TTM 3.9%
Return on equity TTM 17.23%
Profit margin 18.42%
Book value 8.668
Market capitalisation US$90.7 billion

TTM: trailing 12 months

American Tower share dividends

Dividend payout ratio: 148.42% of net profits

Recently American Tower has paid out, on average, around 148.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.34% 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 3.34% return on their shares, in the form of dividend payments. In American Tower's case, that would currently equate to about $6.51 per share.

American Tower'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's most recent dividend payout was on 11 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2024 (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 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 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 is one of the largest global real estate investment trusts and a leading independent owner, operator and developer of multitenant communications real estate. Our primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. In addition to the communications sites in our portfolio, we manage rooftop and tower sites for property owners under various contractual arrangements. We also hold other telecommunications infrastructure and property interests that we lease primarily to communications service providers and third-party tower operators, and, as discussed further below, we hold a portfolio of highly interconnected data center facilities and related assets in the United States. Our customers include our tenants, licensees and other payers. We refer to the business encompassing the above as our property operations, which accounted for 99% of our total revenues for the three months ended March 31, 2024 and includes our U.S. & Canada property, Asia-Pacific property, Africa property, Europe property and Latin America property segments and Data Centers segment.

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