Revenue segments as reported by the company.

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Services

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Depreciation, amortization and accretion

Selling, general, administrative and development expense

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Tower

American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It operates through the following segments: U.S. & Canada, Asia-Pacific, Europe, Africa Latin America, and Services. The Asia-Pacific segment refers to the operations in Australia and India. The Europe segment consists of France, Germany, and Poland. The Africa segment consists of Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa, and Uganda. The Latin America segment includes operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Paraguay, and Peru. The Services segment offers tower-related services in the United States, including site acquisition, zoning & permitting services, and structural analysis services. The company was founded in 1995 and is headquartered in Boston, MA.

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American Tower (AMT) reports robust performance and strategic growth outlook

American Tower's Q4 2022 earnings call highlighted strong performance, strategic initiatives, and growth opportunities amidst economic challenges.
The company's focus on operational efficiency, ESG initiatives, and maintaining financial strength positions it well for sustainable growth and value creation.
With a solid market position, robust growth prospects, and a strategic outlook for 2023, American Tower remains poised for continued success in the telecommunications infrastructure sector.

American Tower excels in Q1 with strong U.S. tower and data center performance

American Tower's Q1 performance reflects robust growth in U.S. towers and data centers, driven by 5G investments.
The company is strategically reducing debt, exploring global portfolio optimization, and focusing on shareholder value.
Challenges include Latin America churn delay and AFFO growth impact, but opportunities lie in 5G expansion and data center growth.
Overall, American Tower remains well-positioned in the evolving telecommunications infrastructure landscape.

American Tower and CoreSite report strong Q2 performance and growth opportunities

American Tower and CoreSite demonstrated strong financial performance in Q2, driven by robust demand for data centers and strategic investments in international markets.
While facing challenges in selective investments and carrier activity slowdown, the companies are focused on maximizing margins, reducing debt, and exploring growth opportunities.
Opportunities lie in expanding international operations, optimizing capital deployment, and considering stock buybacks to enhance shareholder value and capitalize on infrastructure demand.
Overall, American Tower's disciplined approach to partnerships and operational efficiencies, along with CoreSite's consistent revenue growth and customer demand, position both companies for continued success.

American Tower (AMT) reports strong Q3 performance and strategic growth outlook

American Tower (AMT) showcases strong financial performance, strategic focus on 5G evolution, and disciplined capital allocation. While facing challenges like churn impacts and moderated activity levels, the company is optimistic about growth opportunities and aims for long-term AFFO per share growth. AMT's emphasis on balance sheet strength and shareholder returns underpins its strategic direction.

American Tower (AMT) reports resilient 2023 performance and strategic focus

American Tower (AMT) navigated challenges in 2023 to achieve strong financial performance, focusing on growth post-churn and strategic market positioning. The company's resilience, focus on carrier activity, and anticipation of future opportunities position it well for continued success in the evolving market landscape.

American Tower excels in Q1 with strong growth strategies

American Tower's Q1 earnings call showcased strong performance and strategic focus on growth drivers. The company is navigating challenges while capitalizing on opportunities to drive long-term value for shareholders.

American Tower excels in Q2, eyes global growth amid challenges

American Tower's strong Q2 performance and revised outlook reflect a focus on operational excellence and international strategy.
Challenges include managing exposure to emerging markets and potential impacts from interest rates and FX fluctuations.
Opportunities lie in data center expansion, international growth, and driving AFFO per share growth through revenue and cost initiatives.

American Tower reports strong Q3 results, eyes 5G densification opportunities

American Tower is confident in the long-term growth potential of its assets, aiming for sustained high-quality earnings growth. Shareholders can inquire about discontinued operations or general results/outlook through Investor Relations. The conference call is available for replay on the company's website.

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American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It offers leasing of space on communications sites to wireless service providers, radio and television broadcast companies. It operates through the following segments: U.S. and Canada, Asia-Pacific, Africa, Europe, Latin America, and Data Centers. The company was founded in 1995 and is headquartered in Boston, MA.

Alexandria Real Estate Equities

Essential Properties Realty Trust Inc

Realty Income Corp

Prologis

Sun Communities

REITs are still paying out dividends, with many even raising their dividends in recent months. Dividend growth is a sign of confidence in a REIT's future and stability. Three REITs worth considering are Sun Communities, American Tower, and Essential Properties Realty Trust.

The Safest Dividend Is The One That's Just Been Raised

American Tower's (AMT) recent dividend hike portrays the company's operational strength and commitment to rewarding its shareholders handsomely.

American Tower (AMT) Hikes Dividend by 3.2%: Is It Sustainable?

REITs are down 26% while the S&P is only 4.3% off its record highs, indicating potential buying opportunities. American Tower Corporation is one of Brad's Top 5 REIT opportunities. It's also the most undervalued at a 35% historical discount. American Tower's yield is at record highs. From the perspective of income investors, it's the best time ever to buy American Tower.

It's The Best Time In History To Buy American Tower

Agree Realty

CBL & Associates Properties

Camden Property

EPR Properties

Extra Space Storage

Mid-America Apartment Communities

Vici Properties

W. P. Carey

Warren Buffett and Charlie Munger emphasize the importance of staying within one's circle of competence in investing. The concept is likened to a baseball analogy, where waiting for the right pitch in the right location leads to success. We share personal examples of straying outside of a circle of competence, resulting in financial losses. And we share some ideas on a few REITs as well.

Lesson Learned: Stay In Your Circle Of Competence

Digital Realty Trust

Blackstone (NYSE: BX ) President and Chief Operating Officer Jon Gray appeared on Bloomberg Wealth with David Rubenstein in July. Gray, who launched Blackstone's real estate business in 1992, was asked by Rubenstein where to put $100,000.

3 REITs with a Front-Row Seat to the Tech Growth Boom

PayPal

American Tower is poised to benefit from powerful demand trends. PayPal has faced challenges, but the stock looks very cheaply valued.

2 Stocks Down 42% and 80% to Buy Right Now

REITs have underperformed in 2023, but their dividends remain consistent, and some are even raising their dividends. Quality REITs with a combination of quality and value could be a good investment opportunity. I believe that the Federal Reserve will start lowering interest rates soon, which could lead to a rise in REIT prices.

Make American REITs Great Again

Brookfield Renewable Partners

Kenvue

American Tower has increased its payout every year since becoming a REIT. Brookfield Renewable has boosted its dividend by at least 5% annually over the past 12 years.

3 High-Quality Dividend Stocks Yielding 3%-Plus to Buy for Decades of Rising Income

American Tower owns vital communications infrastructure. The REIT has a global footprint and a business that should benefit from technological advances.

This Bargain Stock Is the Cheapest It's Been in Years

American Tower owns cellular towers, an attractive space to operate in. The REIT is deeply out of favor right now, but the growth story continues to look appealing.

American Tower Is a Great Business. Here's Why I Don't Own the Stock.

AllianceBernstein Hld

Arbor Realty Trust

Ares Capital

BHP Billiton

British American Tobacco

CVS Health

Discover

Fifth Third Bancorp

Navient

NexPoint Residential Trust

Pfizer

Philip Morris

Taiwan Semiconductor Manufacturing

March-April, 2022, UBS, Kiplinger, and Barron's listed five sets of stocks sorted as: “Inflation-Busters.” Those five articles revealed 48 equities, with 43 paying dividends. This near 1.5-yr-old list still beats back inflation.

12 Buyable Inflation-Busting September Dividend Stocks

Manulife Financial

Public Storage

If you're a cautious investor, you may be concerned about a market correction. An alternative is to consider high-yield stocks to buy.

The 3 Most Undervalued High-Yield Stocks to Buy in September 2023

American Tower Corporation (NYSE:AMT ) Bank of America 2023 Global Real Estate Conference September 12, 2023 11:05 AM ET Company Participants Rod Smith - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Dave Barden - Bank of America Dave Barden So, thank you guys all for joining this session. My name is Dave Barden.

American Tower Corporation (AMT) Bank of America 2023 Global Real Estate Conference (Transcript)

Marvell Technology

AT&T

As the digital era transforms, fifth-generation (5G) wireless technology emerges as the linchpin of tomorrow's connectivity. That represents a colossal shift.

The 3 Most Undervalued 5G Stocks to Buy in September 2023

One of the largest real estate companies in the world has performed terribly, but is it a buy?

This Massive Dividend Stock Is Down 30% -- Should You Buy the Dip or Stay Away?

I ultimately found success through writing on Seeking Alpha. I present three beaten-down REITs that are worth sticking by: Realty Income, Alexandria Real Estate, and American Tower. These three REITs have strong fundamentals and are currently trading with a wide margin of safety.

Lessons Learned: Perseverance

The real estate sector has been on shaky footing all 2023.

Signal Says Avoid This Sector in September

American Tower Corporation (NYSE:AMT ) Goldman Sachs 2023 Communacopia + Technology Conference September 7, 2023 12:30 PM ET Company Participants Rod Smith - CFO Conference Call Participants Brett Feldman - Goldman Sachs Brett Feldman All right. If everyone could please take their seats, we are going to go ahead and get started here with our next session.

American Tower Corporation (AMT) Goldman Sachs 2023 Communacopia + Technology Conference (Transcript)

REITs are currently trading at significant discounts due to high interest rates, making them a great opportunity for value investors. Some sectors are faring better than others, but the Office sector is far and away the worst sector within Real Estate. Both of these REITs offer great dividend yields but also some very strong upside as they are both rated strong buys by analysts.

2 Insanely Cheap REITs I Am Buying

Simon Property Group

Real estate stocks to check out right now.

Cheap Stocks To Buy Today? 3 Real Estate Stocks To Know

Boston Properties

Real estate investment trusts, or REITs, are companies that own and operate income-producing real estate in the property sector. REITs offer several benefits to investors, including high dividend payouts.

Market Crash Coming? 3 Real Estate (REIT) Stocks to Buy for a Soft Landing.

Crown Castle International

Cisco Systems

LM Ericsson Telefon

QUALCOMM

An increasingly connected world continues to demand lower latency from its devices. That demand sets up a positive situation for investors in 5G stocks.

7 Up-and-Coming 5G Stocks to Put on Your Must-Buy List

Arlington Asset Investment

Great Ajax

Diversified Healthcare Trust

Ellington Financial

Global Net Lease

Kimco Realty

Office Properties Income Trust

Ready Capital Corp

Regency Centers

Ryman Hospitality Properties

Ramco-Gershenson Properties

Necessity Retail REIT

Rates Up, REITs Down. Commercial and residential real estate markets remain an easy transmission mechanism - or "punching bag" - of the Federal Reserve's historically swift monetary tightening cycle. Higher For Longer? The business models of many private equity funds and non-traded REITs were not designed for a period of sustained 5%+ rates or double-digit declines in property values. "Hope" is the only strategy for some highly-levered property owners amid a dearth of buying interest and dwindling refinancing options. CRE transactions and capital market activity has dipped to GFC-era-lows.

REITs Are Historically Cheap

News for American Tower Stock (AMT)