In today’s recent session, 1.12 million shares of the American Tower Corp. (NYSE:AMT) have been traded, and its beta is 0.70. Most recently the company’s share price was $174.01, and it changed around -$0.17 or -0.10% from the last close, which brings the market valuation of the company to $81.25B. AMT at last check was trading at a discount to its 52-week high of $219.10, offering almost -25.91% off that amount. The share price’s 52-week low was $154.58, which indicates that the recent value has risen by an impressive 11.17% since then. We note from American Tower Corp.’s average daily trading volume that its 3-month average coming to 2.52 million.
American Tower Corp. stock received a consensus recommendation rating of Buy, based on a mean score of 1.59. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 1 recommended AMT as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight.
American Tower Corp. (NYSE:AMT) trade information
Instantly AMT has been showing red trend so far today with a performance of -0.10% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -19.40% year-to-date, but still up 1.15% over the last five days. On the other hand, American Tower Corp. (NYSE:AMT) is -11.02% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $260.33, which translates to bulls needing to increase their stock price by 33.16% from its current value. Analyst projections state that AMT is forecast to be at a low of $205 and a high of $300.
American Tower Corp. (AMT) estimates and forecasts
American Tower Corp. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 9.24 percent over the past six months and at a 4.86% annual growth rate that is well above the industry average of -3.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 2.77%. American Tower Corp. earnings are expected to increase by 128.92% in 2024, but the outlook is positive 16.02% per year for the next five years.
AMT Dividends
American Tower Corp.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 3.74 percent and its annual dividend per share was 6.51. It is important to note, however, that the 3.74% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
