Latest news with #AmericanTowerCorporation
Yahoo
19 hours ago
- Business
- Yahoo
American Tower Corporation (AMT): A Bull Case Theory
We came across a bullish thesis on American Tower Corporation (AMT) on FindingMoats' Substack. In this article, we will summarize the bulls' thesis on AMT. American Tower Corporation (AMT)'s share was trading at $214.11 as of 2nd June. AMT's trailing and forward P/E were 34.65 and 31.95 respectively according to Yahoo Finance. An iconic skyline with one of the company's iconic REITs in the foreground. American Tower (AMT), one of the largest global REITs, offers investors a unique blend of essential infrastructure exposure and long-term stability. With over 225,000 telecom towers worldwide, AMT serves as the critical backbone for global wireless networks, enabling carriers like Verizon, AT&T, and Telefónica to deliver seamless connectivity. The company's appeal lies in its robust business model—built on long-term, non-cancellable leases that include price escalators and a multi-tenant structure that drives high-margin operating leverage. As more tenants are added to a tower, incremental revenue flows through at nearly 90% margins, offering tech-like profitability alongside infrastructure-level stability. Over the past decade, AMT aggressively expanded into international markets, acquiring tower portfolios across both developed and emerging economies. However, it is now shifting gears, divesting lower-performing assets like those in India to sharpen its focus on high-return, core geographies. While this strategic recalibration enhances capital efficiency, it coincides with slowing growth and emerging technological shifts, raising questions about future positioning. The rise of 5G infrastructure, industry consolidation, and looming satellite-based alternatives like Starlink and Kuiper present both risks and opportunities. AMT finds itself at a critical juncture—balancing the durability of its existing model with the need to adapt to potential disruption. The company's long-term success will depend on how effectively it navigates this tension, leveraging its scale, contractual revenue base, and management discipline. With growth less of a central driver, AMT's investment thesis now hinges on resilience, cash flow stability, and optionality—factors that could prove vital as the telecom landscape undergoes structural transformation. American Tower Corporation (AMT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 73 hedge fund portfolios held AMT at the end of the first quarter which was 70 in the previous quarter. While we acknowledge the risk and potential of AMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19 hours ago
- Business
- Yahoo
American Tower Corporation (AMT): A Bull Case Theory
We came across a bullish thesis on American Tower Corporation (AMT) on FindingMoats' Substack. In this article, we will summarize the bulls' thesis on AMT. American Tower Corporation (AMT)'s share was trading at $214.11 as of 2nd June. AMT's trailing and forward P/E were 34.65 and 31.95 respectively according to Yahoo Finance. An iconic skyline with one of the company's iconic REITs in the foreground. American Tower (AMT), one of the largest global REITs, offers investors a unique blend of essential infrastructure exposure and long-term stability. With over 225,000 telecom towers worldwide, AMT serves as the critical backbone for global wireless networks, enabling carriers like Verizon, AT&T, and Telefónica to deliver seamless connectivity. The company's appeal lies in its robust business model—built on long-term, non-cancellable leases that include price escalators and a multi-tenant structure that drives high-margin operating leverage. As more tenants are added to a tower, incremental revenue flows through at nearly 90% margins, offering tech-like profitability alongside infrastructure-level stability. Over the past decade, AMT aggressively expanded into international markets, acquiring tower portfolios across both developed and emerging economies. However, it is now shifting gears, divesting lower-performing assets like those in India to sharpen its focus on high-return, core geographies. While this strategic recalibration enhances capital efficiency, it coincides with slowing growth and emerging technological shifts, raising questions about future positioning. The rise of 5G infrastructure, industry consolidation, and looming satellite-based alternatives like Starlink and Kuiper present both risks and opportunities. AMT finds itself at a critical juncture—balancing the durability of its existing model with the need to adapt to potential disruption. The company's long-term success will depend on how effectively it navigates this tension, leveraging its scale, contractual revenue base, and management discipline. With growth less of a central driver, AMT's investment thesis now hinges on resilience, cash flow stability, and optionality—factors that could prove vital as the telecom landscape undergoes structural transformation. American Tower Corporation (AMT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 73 hedge fund portfolios held AMT at the end of the first quarter which was 70 in the previous quarter. While we acknowledge the risk and potential of AMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
TD Cowen Affirms Buy Rating on American Tower (AMT) with $241 PT, Citing Solid Demand
On June 5, TD Cowen analysts maintained a Buy recommendation on American Tower Corporation (NYSE:AMT) with a target price of $241, far surpassing present trading levels. The firm reiterated its confidence in AMT's growth trajectory, noting robust enterprise demand despite ongoing macroeconomic headwinds. A wide angled view of a high-rise office building, the windows reflecting a nearby cityscape. TD Cowen analysts observed that initial talks on tower densification have started, and demand for GenAI inference fiber might arise sooner than expected. American Tower Corporation (NYSE:AMT) management upheld its 2025 US leasing target of $165-170 million and signaled confidence in a 5% long-term growth rate. American Tower forecasts roughly 4.3% in organic growth this year, with an expected boost to 5% in the coming years to fulfill its long-term growth objective. Management also projects a reduction in churn to the lower end of its average prior range of 1-2% as the last phase of Sprint churn finishes in Q3 of 2025. AMT's management pointed out solid enterprise demand, commenting that average customers are now using their individual inference models. This transition from depending on hyperscalers to businesses managing their models presents considerable growth prospects because of the vast number of enterprise customers. American Tower Corporation (NYSE:AMT) is one of the world's largest real estate investment trusts, known for owning and operating a major network of communications real estate. While we acknowledge the potential of AMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and. Disclosure: None.
Business Wire
28-05-2025
- Business
- Business Wire
American Tower to Present at Upcoming June Conferences
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that it is scheduled to present at the following investor conferences: Nareit's REITweek: 2025 Investor Conference in New York, New York Wednesday, June 11, 2025, 9:45 a.m. ET – Mizuho Technology Conference 2025 in New York, New York A live webcast and replay of the presentation will be accessible from the Investor Relations section of American Tower's website at American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit
Yahoo
15-05-2025
- Business
- Yahoo
American Tower Corporation (AMT) Underpinned by Strong Demand Driven by Secular Growth in Mobile Data
Baron Funds, an investment management company, released its 'Baron Real Estate Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, stocks were sold due to economic growth slowdown, inflation, and policymaking issues, including Baron Real Estate Fund®, without considering value. The fund declined 6.69% (Institutional Shares) in the quarter compared to a 3.11% decline for the MSCI USA IMI Extended Real Estate Index (the MSCI Real Estate Index) and a 0.76% gain for the MSCI US REIT Index (the REIT Index). In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Baron Real Estate Fund highlighted stocks such as American Tower Corporation (NYSE:AMT). American Tower Corporation (NYSE:AMT) is a leading independent multitenant communications real estate operator. The one-month return of American Tower Corporation (NYSE:AMT) was -8.16%, and its shares gained 4.90% of their value over the last 52 weeks. On April 10, 2025, American Tower Corporation (NYSE:AMT) stock closed at $204.50 per share with a market capitalization of $95.73 billion. Baron Real Estate Fund stated the following regarding American Tower Corporation (NYSE:AMT) in its Q1 2025 investor letter: "American Tower Corporation (NYSE:AMT) is the leading global mobile tower operator with 150,000 sites globally, with demand underpinned by the increasing secular growth in mobile data. A wide angled view of a high-rise office building, the windows reflecting a nearby cityscape. American Tower Corporation (NYSE:AMT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 70 hedge fund portfolios held American Tower Corporation (NYSE:AMT) at the end of the fourth quarter compared to 73 in the third quarter. While we acknowledge the potential of American Tower Corporation (NYSE:AMT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered American Tower Corporation (NYSE:AMT) and shared the list of best-performing real estate stocks. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
