Critical Comparison: American Tower Corporation (REIT) (AMT) and Its Competitors

American Tower Corporation (REIT) (NYSE: AMT) is one of 16 public companies in the “Specialized REITs” industry, but how does it weigh in compared to its competitors? We will compare American Tower Corporation (REIT) to related companies based on the strength of its earnings, profitability, institutional ownership, analyst recommendations, valuation, risk and dividends.

Risk & Volatility

American Tower Corporation (REIT) has a beta of 0.7, suggesting that its share price is 30% less volatile than the S&P 500. Comparatively, American Tower Corporation (REIT)’s competitors have a beta of 0.85, suggesting that their average share price is 15% less volatile than the S&P 500.

Institutional and Insider Ownership

92.1% of American Tower Corporation (REIT) shares are held by institutional investors. Comparatively, 64.6% of shares of all “Specialized REITs” companies are held by institutional investors. 0.9% of American Tower Corporation (REIT) shares are held by insiders. Comparatively, 6.4% of shares of all “Specialized REITs” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Dividends

American Tower Corporation (REIT) pays an annual dividend of $2.56 per share and has a dividend yield of 1.9%. American Tower Corporation (REIT) pays out 102.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Specialized REITs” companies pay a dividend yield of 4.3% and pay out 169.6% of their earnings in the form of a dividend. American Tower Corporation (REIT) has increased its dividend for 5 consecutive years.

Analyst Ratings

This is a summary of recent ratings for American Tower Corporation (REIT) and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
American Tower Corporation (REIT) 0 0 11 0 3.00
American Tower Corporation (REIT) Competitors 85 320 599 24 2.55

American Tower Corporation (REIT) presently has a consensus price target of $146.80, suggesting a potential upside of 6.55%. As a group, “Specialized REITs” companies have a potential upside of 15.16%. Given American Tower Corporation (REIT)’s competitors higher probable upside, analysts plainly believe American Tower Corporation (REIT) has less favorable growth aspects than its competitors.

Profitability

This table compares American Tower Corporation (REIT) and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
American Tower Corporation (REIT) 18.58% 16.70% 3.74%
American Tower Corporation (REIT) Competitors 34.60% 8.74% 3.15%

Earnings and Valuation

This table compares American Tower Corporation (REIT) and its competitors gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
American Tower Corporation (REIT) $6.33 billion $3.74 billion 55.33
American Tower Corporation (REIT) Competitors $1.00 billion $531.02 million 28.21

American Tower Corporation (REIT) has higher revenue and earnings than its competitors. American Tower Corporation (REIT) is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

American Tower Corporation (REIT) beats its competitors on 8 of the 15 factors compared.

About American Tower Corporation (REIT)

American Tower Corporation (ATC) is a holding company. The Company operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications real estate. ATC’s segments include U.S. property, Asia property, EMEA property, Latin America property, Services and Other. Its primary business is property operations, which include the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities, and tenants in various other industries. Its U.S. property segment includes operations in the United States. Its Asia property segment includes operations in India. The EMEA property segment includes operations in Germany, Ghana, Nigeria, South Africa and Uganda. The Latin America property segment includes operations in Brazil, Chile, Colombia, Costa Rica, Mexico and Peru. Its services segment offers tower-related services in the United States.

Receive News & Ratings for American Tower Corporation (REIT) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Tower Corporation (REIT) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply