In the latest market close, American Tower (AMT) reached $204.95, with a -1.49% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.56%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.59%.Coming into today, shares of the wireless communications infrastructure company had lost 1.4% in the past month. In that same time, the Finance sector lost 3.24%, while the S&P 500 gained 1.2%.Investors will be eagerly watching for t ...

DENVER--(BUSINESS WIRE)--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced that it was selected as a finalist in the 2023 Eye on Innovation Awards for Communication Service Providers for the Americas region. The Open Cloud Exchange® (OCX) was among the finalists for the award which “recognizes communications service providers (CSPs) for their innovative use of technology to drive best-in-class initiatives. All submis ...

syahrir maulana REIT Performance The REIT sector followed up a strong November performance (+9.50%) with an even better December (+11.40%). The average REIT total return in December far exceeded that of the broader market with more than double the return of the NASDAQ (+5.6%), Dow Jones Industrial Average (+4.9%) and S&P 500 (4.5%). The market cap weighted Vanguard Real Estate ETF (VNQ) fell short of the average REIT in December (+9.43% vs. +11.40%), but outperformed YTD (+11.79% vs. +8.66%). The spread ...

bjdlzx As far as real estate investment trusts, or REITs, go, you don't get much larger than American Tower Corporation (NYSE:AMT), currently the second largest publicly traded REIT on the planet. In the past, I have written favorably about the company. The last article that I published dedicated to it was published in August of last year. In that article, I compared the company to rival Crown Castle (CCI), ultimately concluding that, while American Tower certain advantages and a better, in summer specs ...

Passive income when you're no longer actively working is anchored for many by their Social Security draw. But for the average retiree, that's only $1,844.76 a month, according to November 2023 figures from the Social Security Administration.For most folks, that means relying on other income sources, including the dividends you can generate from your stock investments. I'm an average retiree myself, and I've amassed a modest collection of real estate investment trusts (REITs) in my stock portfolio over the p ...

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) has signed a definitive agreement with Data Infrastructure Trust (“DIT”), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”), pursuant to which DIT will acquire 100% of the equity interests in American Tower’s operations in India (“ATC India”). DIT currently houses Brookfield’s telecom tower businesses in India through Summit Digitel and Crest Digit ...

airdone With the New Year now come and gone, investors should take this time to reflect on what opportunities lie ahead for 2024. For many investors, one of the most attractive avenues to explore involves real estate investment trusts, or REITs. In addition to certain tax characteristics that they offer, there is also the benefit that, typically speaking, they pay out distributions that result in effective yields that are higher than what most traditional stocks pay. This makes them particularly appeali ...

chaofann Today, some REITs are so cheap that they could double in 2024. Before you tell me that I am getting ahead of myself just consider that the last two times, REITs were this cheap, they more than doubled in value shortly after. Following the crash of the great financial crisis, REITs nearly tripled in just two years: YCHARTS And following the crash of the pandemic, REITs more than doubled in just over one year: YCHARTS There's this famous saying that: "History doesn't repeat itself, but it often r ...

American Tower Corporation (NYSE:AMT) UBS Global Media & Communications Conference December 4, 2023 2:15 PM ET Company Participants Steven Vondran - Executive Vice President and Global Chief Operating Officer Conference Call Participants Batya Levi - UBS Batya Levi We'll get started now. Thanks, everyone, for joining us. I'm Batya Levi with the communications team at UBS. Our next speaker is Steve Vondran, EVP and Global COO of American Tower and soon to be CEO. Thank you so much for joining us, Steve. Stev ...

American Tower Corporation (NYSE:AMT) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Adam Smith - SVP, IR Tom Bartlett - President & CEO Rod Smith - EVP, CFO & Treasurer Conference Call Participants Simon Flannery - Morgan Stanley Michael Rollins - Citigroup Inc. David Barden - Bank of America Richard Prentiss - Raymond James Matthew Niknam - Deutsche Bank Eric Luebchow - Wells Fargo Batya Levi - UBS Operator Ladies and gentlemen, thank you for standing by. Welcome to the ...