WallStreetZen

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

Analyst price target for AMT

Based on 8 analysts offering 12 month price targets for American Tower Corp.
Min Forecast
$245.00-9.57%
Avg Forecast
$268.50-0.9%
Max Forecast
$297.00+9.62%

Should I buy or sell AMT stock?

Buy
Strong Buy
2 analysts 25%
Buy
3 analysts 37.5%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

AMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Brandon Nispel
KeyBanc
Strong BuyMaintains$285.00+5.19%2021-06-08
Jonathan Petersen
Jefferies
Strong BuyInitiates Coverage On$278.00+2.61%2021-04-12
Ric Prentiss
Raymond James
BuyMaintains$261.00-3.67%2021-05-04
Sami Badri
Credit Suisse
BuyMaintains$297.00+9.62%2021-04-30
Jonathan Atkin
RBC Capital
BuyMaintains$250.00-7.73%2021-03-08
Simon Flannery
Morgan Stanley
HoldMaintains$270.00-0.35%2021-06-02
Anonymous
Morgan Stanley
HoldMaintains$262.00-3.30%2021-04-19
Matthew Niknam
Deutsche Bank
HoldDowngrades$245.00-9.57%2020-12-11

1 of 1

Forecast return on equity

Is AMT forecast to generate an efficient return?
Company
142.71%
Industry
33.03%
Market
61.34%
AMT's Return on Equity is forecast to be high in 3 years (142.71%); 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
11.81%
Industry
6.85%
Market
18.93%
AMT is forecast to generate higher Return on Assets (11.81%) than the US Real Estate industry average (6.85%)
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
$9.16+111.51%
Avg 2 year Forecast
$9.83+126.98%
Avg 3 year Forecast
$11.41+163.51%
AMT's earnings are forecast to grow at an exceptional rate of 36.09% 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
$8.8B+7.62%
Avg 2 year Forecast
$9.5B+15.76%
Avg 3 year Forecast
$10.0B+22.42%
AMT's revenue is forecast to grow at a rate of 7.07% 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
36.09%
Industry
43.6%
Market
19.57%
AMT's earnings are forecast to grow slower (36.09% per year) than the US Real Estate industry average (43.6%)
Forecast
AMT's earnings are forecast to grow faster (36.09% per year) than the US market average (19.57%)
Forecast
AMT's earnings are forecast to grow faster (36.09% per year) than the risk-free savings rate (1.5%)
Forecast

AMT revenue growth forecast

How is AMT forecast to perform vs Real Estate companies and vs the US market?
Company
7.07%
Industry
6.05%
Market
14.55%
AMT's revenues are forecast to grow faster (7.07% per year) than the US Real Estate industry average (6.05%)
Forecast
AMT's revenues are forecast to grow slower (7.07% per year) than the US market average (14.55%)
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 8 Wall Street analysts covering (NYSE: AMT) stock is to Buy AMT stock.

Out of 8 analysts, 2 (25%) are recommending AMT as a Strong Buy, 3 (37.5%) are recommending AMT as a Buy, 3 (37.5%) 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 36.09% is not forecast to beat the US Real Estate industry's average forecast earnings growth rate of 43.6%, and while it is forecast to beat the US market's average forecast earnings growth rate of 19.57%.

American Tower Corp's earnings in 2021 is $1,920,600,000.On average, 6 Wall Street analysts forecast AMT's earnings for 2021 to be $4,073,587,983, with the lowest AMT earnings forecast at $3,985,384,659, and the highest AMT earnings forecast at $4,172,199,565. On average, 6 Wall Street analysts forecast AMT's earnings for 2022 to be $4,371,602,237, with the lowest AMT earnings forecast at $4,149,959,695, and the highest AMT earnings forecast at $4,643,684,804.

In 2023, AMT is forecast to generate $5,075,138,277 in earnings, with the lowest earnings forecast at $5,075,138,277 and the highest earnings forecast at $5,075,138,277.

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

(NYSE: AMT) American Tower Corp's forecast annual revenue growth rate of 7.07% is forecast to beat the US Real Estate industry's average forecast revenue growth rate of 6.05%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.55%.

American Tower Corp's revenue in 2021 is $8,206,900,000.On average, 9 Wall Street analysts forecast AMT's revenue for 2021 to be $3,928,675,215,324, with the lowest AMT revenue forecast at $3,866,178,957,340, and the highest AMT revenue forecast at $4,041,429,130,970. On average, 9 Wall Street analysts forecast AMT's revenue for 2022 to be $4,225,633,520,959, with the lowest AMT revenue forecast at $4,037,154,628,004, and the highest AMT revenue forecast at $4,535,109,759,681.

In 2023, AMT is forecast to generate $4,468,879,872,362 in revenue, with the lowest revenue forecast at $4,033,031,356,152 and the highest revenue forecast at $4,886,499,701,731.

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

(NYSE: AMT) forecast ROA is 11.81%, which is higher than the forecast US Real Estate industry average of 6.85%.

What is AMT's Price Target?

According to 8 Wall Street analysts that have issued a 1 year AMT price target, the average AMT price target is $268.50, with the highest AMT stock price forecast at $297.00 and the lowest AMT stock price forecast at $245.00.

On average, Wall Street analysts predict that American Tower Corp's share price could stay at $268.50 by Jun 8, 2022. The average American Tower Corp stock price prediction forecasts a potential downside of N/A from the current AMT share price of $270.94.

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

(NYSE: AMT) American Tower Corp's current Earnings Per Share (EPS) is $4.33. On average, analysts forecast that AMT's EPS will be $9.16 for 2021, with the lowest EPS forecast at $8.96, and the highest EPS forecast at $9.38. On average, analysts forecast that AMT's EPS will be $9.83 for 2022, with the lowest EPS forecast at $9.33, and the highest EPS forecast at $10.44. In 2023, AMT's EPS is forecast to hit $11.41 (min: $11.41, max: $11.41).

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

(NYSE: AMT) forecast ROE is 142.71%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.