Last €70.42 EUR
Change Today -0.58 / -0.82%
Volume 0.0
TWRA On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 11:05 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

american tower corp (TWRA) Snapshot

Open
€70.23
Previous Close
€71.00
Day High
€70.80
Day Low
€70.01
52 Week High
07/30/14 - €72.18
52 Week Low
08/20/13 - €50.73
Market Cap
27.9B
Average Volume 10 Days
30.0
EPS TTM
--
Shares Outstanding
396.1M
EX-Date
06/13/14
P/E TM
--
Dividend
€1.35
Dividend Yield
1.28%
Current Stock Chart for AMERICAN TOWER CORP (TWRA)

american tower corp (TWRA) Related Businessweek News

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american tower corp (TWRA) Details

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm through its subsidiaries owns, operates and develops wireless and broadcast communications real estate. Through its subsidiaries it leases antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

2,716 Employees
Last Reported Date: 02/26/14
Founded in 1995

american tower corp (TWRA) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $730.0K
Executive Vice President of International Ope...
Total Annual Compensation: $600.0K
Executive Vice President and President of U.S...
Total Annual Compensation: $600.0K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $530.0K
Compensation as of Fiscal Year 2013.

american tower corp (TWRA) Key Developments

American Tower Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revised Earnings Guidance for 2014

American Tower Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, total operating revenues were $1,031.5 million against $808.8 million last year. Operating income was $402.5 million against $312.8 million last year. Income from continuing operations before income taxes was $243.5 million against $72.7 million last year. Net income attributable to the company’s stockholders was $234.4 million against $99.8 million last year. Net income attributable to common stockholders was $230.1 million or $0.58 per basic and diluted share against $99.8 million or $0.25 per basic and diluted share last year. Adjusted EBITDA was $682.2 million against $808.8 million last year. Payments for purchase of property and equipment and construction activities were $252.4 million against $156.7 million last year. NAREIT funds from operations were $444 million against $255.9 million last year. AFFO was $473.9 million or $1.19 per share against $366.2 million or $0.92 per share last year. Core growth in adjusted EBITDA was 33.7%. Results were favorably impacted by the recovery of corporate expenses of approximately $7 million and a one-time cash tax refund of approximately $5 million. The company's core growth metrics exclude the impact of both of these items. During the second quarter of 2014, the company spent $253 million for acquisitions, including the purchase of 85 towers in the U.S. and 423 internationally. The international acquisitions included 103 sites in Brazil from NII Holdings Inc. and 320 sites acquired from other parties. For the six months, total operating revenues were $2,015.5 million against $1,611.6 million last year. Operating income was $756.1 million against $612.5 million last year. Income from continuing operations before income taxes was $454.4 million against $252.8 million last year. Net income attributable to the company’s stockholders was $436.9 million against $271.2 million last year. Net income attributable to common stockholders was $432.6 million or $1.08 per diluted share against $271.2 million or $0.68 per diluted share last year. Cash provided by operating activities was $1,072.4 million against $784.5 million last year. Payments for purchase of property and equipment and construction activities were $466.2 million against $280.6 million last year. Net debt (total debt less cash and cash equivalents) was $13,692.5 million. The company raised full year of 2014 outlook for total rental and management revenue, adjusted EBITDA and AFFO by $45 million, $55 million and $30 million, respectively. The company expects total rental and management revenue in the range of $3,945 million to $4,015 million, adjusted EBITDA in the range of $2,615 million to $2,655 million, AFFO in the range of $1,755 million to $1,795 million, net income in the range of $830 million to $850 million, capital expenditures in the range of $925 million to $1,025 million, interest expense in the range of $585 million to $565 million and depreciation, amortization and accretion in the range of $980 million to $1,000 million.

Axiata, Carlyle, Providence and ATC Reportedly Shortlisted As Potential Bidders For Viom Networks

Axiata Group Berhad (KLSE:AXIATA), Providence Equity Partners LLC, The Carlyle Group LP (NasdaqGS:CG) and American Tower Corporation (NYSE:AMT) have been reportedly short-listed as potential stake buyers in Tata Teleservices Limited-controlled Viom Networks Limited, which could lead to a change in ownership at Viom. "Negotiations are at a fairly advanced stage," one of the people said. Citigroup and Credit Suisse are the bankers to the deal. "All possible ways of diluting stake were on...We are hopeful that things will materialize by August," Sunil Kanoria, Director at Viom Networks and a joint owner of Viom through SREI Infrastructure Finance Limited (BSE:523756), told Economic Times, without commenting on the names of the short-listed companies. "Tatas and Srei will dilute their holding depending on the final valuation and Tatas could easily bring their ownership down to 30%," a second person said. TTSL could use the funds to pare part of its debt.

American Tower Corporation(NYSE:AMT.PRA) added to S&P Preferred Stock Index

American Tower Corporation(NYSE:AMT.PRA) added to S&P Preferred Stock Index

 

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Industry Analysis

TWRA

Industry Average

Valuation TWRA Industry Range
Price/Earnings 52.9x
Price/Sales 9.9x
Price/Book 8.5x
Price/Cash Flow 22.8x
TEV/Sales 6.1x
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