Professional
Added to YB: 2025-03-17
Pitch date: 2024-12-31
AMT [neutral]
American Tower Corporation
+3.9%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$90.4B
Pitch Price
$177.85
Price Target
N/A
Dividend
3.52%
EV/EBITDA
17.10
P/E
30.80
EV/Sales
13.42
Sector
Specialized REITs
Category
growth
Meridian Hedged Equity Fund Portfolio Holding: American Tower Corporation
AMT (holding update): Leading global wireless infrastructure owner. Mixed Q results: revenue met expectations, EBITDA down YoY (India divestiture, bad debt). Healthy organic tenant billings growth in US & int'l. Long-term contracts with investment-grade carriers. Exposed to wireless data growth & emerging markets. Watch currency & regional risks.
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