American Tower Corporation (AMT)
American Tower: An Undervalued Dividend Stock Benefiting From Durable Competitive Advantages
American Tower, a real estate investment trust that owns, operates, and develops broadcast communications infrastructure worldwide, is now a $94 billion (by market cap) real estate titan. AMT increased its dividend for 14 consecutive years, with a 10-year dividend growth rate of 19.1%. American Tower advanced its revenue from $4.1 billion in FY 2014 to $11.1 billion in FY 2023, a compound annual growth rate of 11.7%.
AmeriTrust Announces the Launch of "AmeriTrust Serves"
TORONTO, ON / ACCESSWIRE / November 18, 2024 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTC PINK:PWWBF)(Frankfurt:1ZVA) ("AmeriTrust" or the "Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce the launch of a new division called AmeriTrust Serves. AmeriTrust Serves is an asset loan and lease servicing platform focused on providing the Company's national lending partners with technology, loss mitigation, and customer care unlike any other servicing model in the automotive industry.
Unabated Demand Could Drive Towering Growth for This Top Dividend Stock in 2025 and Beyond
American Tower's growth headwinds should fade next year.
3 REITs With Rapid Dividend Growth
Most REITs are in a strong position to grow their dividend in 2025. But some are growing far faster than others. I discuss 3 of the fastest growing REITs.
American Tower: Not So Long A Way Down
American Tower Corporation reported Q3-2024 and announced the sale of its India business. The stock is still hanging on to hopes of a return to the glory days. The reality is that the larger company is struggling to get anywhere near the traction it got in its heyday.
American Tower Stock Declines Despite Q3 AFFO Beat, '24 View Lowered
AMT's Q3 results reflect a year over year rise in revenues and strong organic tenant billing growth. However, it has lowered its 2024 outlook.
American Tower Corporation (AMT) Q3 2024 Earnings Call Transcript
American Tower Corporation (NYSE:AMT ) Q3 2024 Earnings Call Transcript October 29, 2024 8:30 AM ET Company Participants Adam Smith - SVP of IR & FP&A Steve Vondran - President and CEO Rod Smith - EVP, CFO, and Treasurer Conference Call Participants Ric Prentiss - Raymond James David Barden - Bank of America Simon Flannery - Morgan Stanley James Schneider - Goldman Sachs Batya Levi - UBS Nick Del Deo - MoffettNathanson Brandon Nispel - KeyBanc Capital Markets Richard Choe - JPMorgan Operator Ladies and gentlemen, thank you for standing-by. Welcome to the American Tower Third Quarter 2024 Earnings Conference Call.
Compared to Estimates, American Tower (AMT) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for American Tower (AMT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
American Tower (AMT) Q3 FFO Surpass Estimates
American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.64 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to FFO of $2.58 per share a year ago.
American Tower misses quarterly revenue estimates on leasing slowdown
Real estate investment trust American Tower missed estimates for third-quarter revenue on Tuesday due to diminished customer spending in its leasing business.
American Tower Gears Up for Q3 Earnings: What You Can Expect
AMT's Q3 earnings are likely to have been hurt by high interest expenses and elevated churn despite solid demand for its communication real estate portfolio.
American Tower: Minimal Dividend Growth Through 2025 - Wait For The Pullback
American Tower has outperformed on a YTD basis while raising their FY2024 guidance, thanks to the ongoing 5G upgrades and colocation growths. Even so, with over half of its sites already "upgraded with mid-band 5G," we may see FY2025 bring forth tougher YoY comparisons, as telecoms guide lower capex ahead. This is worsened by the prolonged densification process occurring only from 2026 onwards, along with the impact of the Sprint churn from Q4'24 onwards.
