Added to YB: 2024-05-07
Pitch date: 2024-05-01
AMT [bullish]
American Tower Corporation
+10.59%
current return
Author Info
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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
$85.3B
Pitch Price
$166.18
Price Target
N/A
Dividend
3.91%
EV/EBITDA
15.94
P/E
N/A
EV/Sales
N/A
Sector
Specialized REITs
Category
growth
American Tower Corporation - $AMT
AMT: Global wireless infra leader w/ 220K+ sites. High 90% cash gross margins, 17% ROIC. Switching costs & long-term contracts drive 15% AFFO/sh growth. Benefits from 25% mobile data traffic CAGR. Opportunities in 5G, IoT, int'l markets. 18% annual TSR since '07. 10%+ AFFO/sh growth ahead.
Read full article (12 min)