WallStreetZen

NYSE: AMT
American Tower Corp Stock Forecast, Predictions & Price Target

Analyst price target for AMT

Based on 11 analysts offering 12 month price targets for American Tower Corp.
Min Forecast
$250.00-14.84%
Avg Forecast
$292.00-0.53%
Max Forecast
$323.00+10.03%

Should I buy or sell AMT stock?

Based on 13 analysts offering ratings for American Tower Corp.
Buy
Strong Buy
5 analysts 38.46%
Buy
3 analysts 23.08%
Hold
5 analysts 38.46%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

AMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Morgan Stanley
Top 47%
54
HoldMaintains$316.00+7.65%2021-09-10
Oppenheimer
Top 8%
93
HoldDowngradesN/AN/A2021-09-10
Argus Research
Bottom 29%
29
Strong BuyMaintains$300.00+2.20%2021-08-12
Raymond James
Top 14%
87
BuyMaintains$296.00+0.83%2021-08-03
Credit Suisse
Top 11%
90
BuyMaintains$323.00+10.03%2021-07-30
KeyBanc
Top 9%
92
Strong BuyMaintains$302.00+2.88%2021-07-19
Wells Fargo
Bottom 6%
6
Strong BuyMaintains$305.00+3.90%2021-07-16
LightShed Partners
Top 36%
65
HoldDowngradesN/AN/A2021-07-13
Deutsche Bank
Top 34%
67
HoldMaintains$295.00+0.49%2021-07-08
KeyBanc
Top 15%
86
Strong BuyMaintains$285.00-2.91%2021-06-08

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Forecast return on equity

Is AMT forecast to generate an efficient return?
Company
95.87%
Industry
38.31%
Market
2,556.64%
AMT's Return on Equity is forecast to be high in 3 years (95.87%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is AMT forecast to generate an efficient return on assets?
Company
9.35%
Industry
7.91%
Market
1,250.14%
AMT is forecast to generate higher Return on Assets (9.35%) than the US Real Estate industry average (7.91%)
Forecast

AMT earnings per share forecast

What is AMT's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$9.30+86.81%
Avg 2 year Forecast
$10.01+101.07%
Avg 3 year Forecast
$11.12+123.29%
AMT's earnings are forecast to grow at an exceptional rate of 29.85% per year
Forecast

AMT revenue forecast

What is AMT's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$9.3B+8.13%
Avg 2 year Forecast
$10.0B+16.53%
Avg 3 year Forecast
$10.7B+24.85%
AMT's revenue is forecast to grow at a rate of 7.68% per year, which is not exceptional
Forecast

AMT earnings growth forecast

How is AMT forecast to perform vs Real Estate companies and vs the US market?
Company
29.85%
Industry
44.51%
Market
18.71%
AMT's earnings are forecast to grow slower (29.85% per year) than the US Real Estate industry average (44.51%)
Forecast
AMT's earnings are forecast to grow faster (29.85% per year) than the US market average (18.71%)
Forecast
AMT's earnings are forecast to grow faster (29.85% per year) than the risk-free savings rate (1.3%)
Forecast

AMT revenue growth forecast

How is AMT forecast to perform vs Real Estate companies and vs the US market?
Company
7.68%
Industry
6.43%
Market
12.32%
AMT's revenues are forecast to grow faster (7.68% per year) than the US Real Estate industry average (6.43%)
Forecast
AMT's revenues are forecast to grow slower (7.68% per year) than the US market average (12.32%)
Forecast

American Tower Corp Stock Forecast FAQ

Is American Tower Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: AMT) stock is to Buy AMT stock.

Out of 13 analysts, 5 (38.46%) are recommending AMT as a Strong Buy, 3 (23.08%) are recommending AMT as a Buy, 5 (38.46%) are recommending AMT as a Hold, 0 (0%) are recommending AMT as a Sell, and 0 (0%) are recommending AMT as a Strong Sell.

What is AMT's earnings growth forecast for 2021-2023?

(NYSE: AMT) American Tower Corp's forecast annual earnings growth rate of 29.85% is not forecast to beat the US Real Estate industry's average forecast earnings growth rate of 44.51%, and while it is forecast to beat the US market's average forecast earnings growth rate of 18.71%.

American Tower Corp's earnings in 2021 is $2,220,800,000.On average, 6 Wall Street analysts forecast AMT's earnings for 2021 to be $4,234,315,861, with the lowest AMT earnings forecast at $4,137,234,226, and the highest AMT earnings forecast at $4,282,879,435. On average, 6 Wall Street analysts forecast AMT's earnings for 2022 to be $4,557,466,169, with the lowest AMT earnings forecast at $4,373,907,691, and the highest AMT earnings forecast at $4,669,749,523.

In 2023, AMT is forecast to generate $5,061,171,022 in earnings, with the lowest earnings forecast at $5,061,171,022 and the highest earnings forecast at $5,061,171,022.

What is AMT's revenue growth forecast for 2021-2023?

(NYSE: AMT) American Tower Corp's forecast annual revenue growth rate of 7.68% is forecast to beat the US Real Estate industry's average forecast revenue growth rate of 6.43%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.32%.

American Tower Corp's revenue in 2021 is $8,592,800,000.On average, 9 Wall Street analysts forecast AMT's revenue for 2021 to be $4,228,903,320,831, with the lowest AMT revenue forecast at $4,194,126,885,985, and the highest AMT revenue forecast at $4,253,277,501,745. On average, 9 Wall Street analysts forecast AMT's revenue for 2022 to be $4,557,415,648,329, with the lowest AMT revenue forecast at $4,345,529,632,444, and the highest AMT revenue forecast at $4,694,463,693,990.

In 2023, AMT is forecast to generate $4,882,675,536,247 in revenue, with the lowest revenue forecast at $4,728,276,139,607 and the highest revenue forecast at $5,096,262,415,091.

What is AMT's forecast return on assets (ROA) for 2021-2024?

(NYSE: AMT) forecast ROA is 9.35%, which is higher than the forecast US Real Estate industry average of 7.91%.

What is AMT's Price Target?

According to 11 Wall Street analysts that have issued a 1 year AMT price target, the average AMT price target is $292.00, with the highest AMT stock price forecast at $323.00 and the lowest AMT stock price forecast at $250.00.

On average, Wall Street analysts predict that American Tower Corp's share price could stay at $292.00 by Sep 10, 2022. The average American Tower Corp stock price prediction forecasts a potential downside of N/A from the current AMT share price of $293.55.

What is AMT's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: AMT) American Tower Corp's current Earnings Per Share (EPS) is $4.98. On average, analysts forecast that AMT's EPS will be $9.30 for 2021, with the lowest EPS forecast at $9.09, and the highest EPS forecast at $9.41. On average, analysts forecast that AMT's EPS will be $10.01 for 2022, with the lowest EPS forecast at $9.61, and the highest EPS forecast at $10.26. In 2023, AMT's EPS is forecast to hit $11.12 (min: $11.12, max: $11.12).

What is AMT's forecast return on equity (ROE) for 2021-2024?

(NYSE: AMT) forecast ROE is 95.87%, which is considered strong.
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