American Tower Corporation is an American real estate investment trust and an owner and operator of wireless and broadcast communications infrastructure in several countries worldwide and is headquartered in Boston, Massachusetts. It is ranked 375th on the Fortune 500 in 2022.
Company profile
Ticker
AMT
Exchange
Website
CEO
Thomas Bartlett
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN TOWER SYSTEMS CORP
SEC CIK
Corporate docs
Subsidiaries
10 Presidential Way Associates, LLC • 52 Eighty Partners, LLC • 52 Eighty Tower Partners I, LLC • ACC Tower Sub, LLC • ActiveX Telebroadband Services Private Limited • Adquisiciones y Proyectos Inalámbricos, S. de R. L. de C.V. • Alternative Networking LLC • American Tower Asset Sub II, LLC • American Tower Asset Sub, LLC • American Tower Charitable Foundation, Inc. ...
IRS number
650723837
AMT stock data
Latest filings (excl ownership)
PX14A6G
Letter to shareholders
17 Apr 24
ARS
2023 FY
Annual report to shareholders
10 Apr 24
DEFA14A
Additional proxy soliciting materials
10 Apr 24
DEF 14A
Definitive proxy
10 Apr 24
8-K
American Tower Corporation Announces Election of Neville R. Ray to Board of Directors and Declares Quarterly Distribution
14 Mar 24
8-K
Entry into a Material Definitive Agreement
7 Mar 24
424B2
Prospectus for primary offering
5 Mar 24
8-K
American Tower Corporation Prices Senior Notes Offering
4 Mar 24
FWP
Free writing prospectus
4 Mar 24
424B5
Prospectus supplement for primary offering
4 Mar 24
Transcripts
AMT
Earnings call transcript
2023 Q4
27 Feb 24
AMT
Earnings call transcript
2023 Q3
26 Oct 23
AMT
Earnings call transcript
2023 Q2
27 Jul 23
AMT
Earnings call transcript
2023 Q1
26 Apr 23
AMT
Earnings call transcript
2022 Q4
23 Feb 23
AMT
Earnings call transcript
2022 Q3
27 Oct 22
AMT
Earnings call transcript
2022 Q2
28 Jul 22
AMT
Earnings call transcript
2022 Q1
27 Apr 22
AMT
Earnings call transcript
2021 Q4
24 Feb 22
AMT
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.23 bn | 2.23 bn | 2.23 bn | 2.23 bn | 2.23 bn | 2.23 bn |
Cash burn (monthly) | (no burn) | 1.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 10.00 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 2.22 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 1481.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
69.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1451 |
Opened positions | 230 |
Closed positions | 343 |
Increased positions | 495 |
Reduced positions | 589 |
13F shares | Current |
---|---|
Total value | 62.62 tn |
Total shares | 323.73 mm |
Total puts | 799.85 k |
Total calls | 570.78 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 61.03 mm | $13.17 tn |
STT State Street | 20.85 mm | $4.54 tn |
CNS Cohen & Steers | 16.44 mm | $3.55 bn |
Wellington Management | 15.82 mm | $3.42 tn |
MS Morgan Stanley | 7.36 mm | $1.59 tn |
GS Goldman Sachs | 7.26 mm | $1.57 tn |
FMR | 7.17 mm | $1.55 tn |
Akre Capital Management | 6.80 mm | $1.47 tn |
Dimensional Fund Advisors | 6.46 mm | $1.39 tn |
PFG Principal Financial Group Inc - Registered Shares | 6.46 mm | $1.39 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Juan Font | Common Stock | Sell | Dispose S | No | No | 197.49 | 540 | 106.64 k | 19,265 |
11 Mar 24 | Chambliss Kelly C | Common Stock | Grant | Acquire A | No | No | 0 | 1,089 | 0.00 | 2,161 |
11 Mar 24 | Thompson Samme L | Common Stock | Grant | Acquire A | No | No | 0 | 1,089 | 0.00 | 24,260 |
News
Top 3 Real Estate Stocks That Could Lead To Your Biggest Gains This Quarter
16 Apr 24
Morgan Stanley Maintains Equal-Weight on American Tower, Raises Price Target to $196
15 Apr 24
$100 Invested In This Stock 20 Years Ago Would Be Worth $1,400 Today
11 Apr 24
Stocks Sink On Worrisome Inflation Data, Yields Spike On Rate Cut Delays, Dollar Rallies: What's Driving Markets Wednesday?
10 Apr 24
Assessing American Tower: Insights From 5 Financial Analysts
8 Apr 24
Press releases
CoreSite Helps Customers Accelerate Artificial Intelligence Adoption as NVIDIA DGX-Ready Data Center Partner
9 Apr 24
American Tower Plans First Quarter 2024 Earnings Release and Conference Call
4 Apr 24
American Tower Corporation Announces Election of Neville R. Ray to Board of Directors and Declares Quarterly Distribution
14 Mar 24
CoreSite Featured in the CRN 2024 Data Center 50 List
7 Mar 24
American Tower Corporation Prices Senior Notes Offering
4 Mar 24