American Tower Corporation (REIT) Stock News

American Tower's revenue and adjusted FFO accelerated significantly in the third quarter. The REIT is capitalizing on the robust demand for data infrastructure.

While a tough economic backdrop has concerned investors, American Tower made progress in the third quarter. The company grew revenue and earnings as it focused on keeping costs down.

American Tower handily exceeded expectations on all metrics with its third quarter of 2023. The communications infrastructure REIT also raised its full-year outlook for property revenue, adjusted fund

As a contrarian investor, I usually bet against Wall Street. But in the case of American Tower, I agree with Wall Street's bullish sentiment. I see strong catalysts both in the near term as communicat

REITs have experienced a significant decline in share prices, but there's an opportunity for value investors to take advantage of current market conditions. The potential for the Federal Reserve to st

As geopolitical and broad market instabilities heat up, we've seen a flight to safety of risk-free assets. The REIT sector has been one of the worst-performing sectors within the S&P 500 in 2023, with

American Tower's (AMT) Q3 earnings are likely to have benefited from the robust demand for its communication real estate portfolio on the back of rising demand for wireless connectivity.

Crown Castle and American Tower, two cell tower REITs, are undervalued and offer attractive yields. Crown Castle is trading at its cheapest level in a long time, with a yield of 7.29% and a coverage r

Merck may be a slow-moving behemoth, but it's setting itself up for years of earnings and dividend growth. Coca-Cola may be a big name in bottled beverages, but it wisely doesn't do its own bottling.

The latest trading day saw American Tower (AMT) settling at $160.09, representing a +0.41% change from its previous close.

REITs are down bad this year. REIT stocks across nearly all sectors are down by double digits since January.

American Tower's (AMT) subsidiary, CoreSite, enhances its Open Cloud Exchange capabilities. This will enable clients to access and manage their data effectively and optimize their operations.

Rising interest rates have negatively impacted the economy and the stock market, leading to what we're calling the Great REIT Reset. We think that four REITs in particular have been unfairly punished

Interest rates have risen due to a stronger-than-expected economy and excess savings from pandemic stimulus. The jobs report was a blowout, sending interest rates soaring once more. REITs have fallen

Robust demand for American Tower's (AMT) wireless communication assets by network carriers and expansion efforts bode well. However, customer concentration and high interest rates are major woes.