American Tower: Long Way Down
American Tower is no longer a growth story; FFO has flatlined over the past three years despite inflationary tailwinds. Valuation compression was close to being done when we last wrote about it, but the big rally and poor FFO growth have changed things drastically. The stock is now at a Sell rating.
American Tower (AMT) Stock Sinks As Market Gains: Here's Why
American Tower (AMT) closed at $232.31 in the latest trading session, marking a -1.54% move from the prior day.
American Tower: 5G Reacceleration, But Volatility Comes First (Rating Upgrade)
American Tower's (AMT) stock price appreciated by nearly 24% since February, driven by improved financial performance and a more dovish-looking Fed. The India exit, involving a $2.5 billion asset sale, impacts AMT's global ranking and revenue but aids in deleveraging and improving FFO per share. Despite challenges in 5G investment globally, AMT expects U.S. market growth and has seen increased application activity, beating Q1 and Q2 expectations.
DCLA's Sarat Sethi on his top stock picks: AMT, NSRGY, CRM, WDAY
Sarat Sethi, DCLA portfolio manager, joins 'Squawk Box' to discuss his top stock picks.
American Tower (AMT) Stock Falls Amid Market Uptick: What Investors Need to Know
In the most recent trading session, American Tower (AMT) closed at $237.14, indicating a -0.77% shift from the previous trading day.
American Tower Corporation (AMT) Bank of America 2024 Global Real Estate Conference (Transcript)
American Tower Corporation (NYSE:AMT ) Bank of America 2024 Global Real Estate Conference September 10, 2024 1:30 PM ET Company Participants Adam Smith - Senior Vice President, Corporate Finance and Investor Relations Conference Call Participants Dave Barden - Bank of America Dave Barden All right. Welcome everybody.
American Tower Corporation (AMT) Goldman Sachs Communacopia + Technology Conference (Transcript)
American Tower Corporation (NYSE:AMT ) Goldman Sachs Communacopia + Technology Conference September 9, 2024 4:45 PM ET Company Participants Steve Vondran - Chief Executive Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Okay, great. Hey, good morning, everybody, or good afternoon, everybody.
Why the Market Dipped But American Tower (AMT) Gained Today
In the most recent trading session, American Tower (AMT) closed at $236.16, indicating a +1.08% shift from the previous trading day.
American Tower Corporation (AMT) Citi's 2024 Global TMT Conference (Transcript)
American Tower Corporation (NYSE:AMT ) Citi's 2024 Global TMT Conference September 4, 2024 2:10 PM ET Company Participants Steve Vondran - President & CEO Conference Call Participants Michael Rollins - Citi Michael Rollins Welcome to Citi's 2024 Global TMT Conference. For those of you I haven't met yet, I'm Mike Rollins with Citi Research and we're pleased to welcome American Tower's President and CEO, Steve Vondran.
American Tower Corporation (AMT) Presents at Bank of America's 2024 Media, Communications and Entertainment Conference Call Transcript
American Tower Corporation (NYSE:AMT ) Bank of America's 2024 Media, Communications and Entertainment Conference Call September 5, 2024 9:40 AM ET Company Participants Steven Vondran - President and Chief Executive Officer Conference Call Participants David Barden - Bank of America David Barden [Abrupt start] joining us again. We're super pleased to have Steve Vondran, President and CEO from American Tower, joining us.
American Tower (AMT) Upgraded to Buy: Here's Why
American Tower (AMT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
REIT Hasn't Finished September Higher in 10 Years
The month of September is, infamously, a period of weak seasonality for the stock market.
