Professional
Added to YB: 2025-03-17
Pitch date: 2024-12-31
AMT [neutral]
American Tower Corporation
-0.96%
current return
Author Info
No bio for this author
Company Info
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate.
Market Cap
$81.0B
Pitch Price
$177.85
Price Target
N/A
Dividend
3.91%
EV/EBITDA
15.63
P/E
32.17
EV/Sales
12.32
Sector
Specialized REITs
Category
growth
Meridian Hedged Equity Fund Portfolio Holding: American Tower Corporation
AMT (holding update): Leading global wireless infrastructure owner. Mixed Q results: revenue met expectations, EBITDA down YoY (India divestiture, bad debt). Healthy organic tenant billings growth in US & int'l. Long-term contracts with investment-grade carriers. Exposed to wireless data growth & emerging markets. Watch currency & regional risks.
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