Mobile Infrastructure (NASDAQ:BEEP) & American Tower (NYSE:AMT) Financial Analysis

American Tower (NYSE:AMT) and Mobile Infrastructure (NASDAQ:BEEP) are both real estate companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, dividends, institutional ownership, risk and earnings.

Analyst Ratings

This is a breakdown of recent ratings and price targets for American Tower and Mobile Infrastructure, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
American Tower	0	3	16	1	2.90
Mobile Infrastructure	1	0	2	0	2.33

American Tower currently has a consensus target price of $215.19, indicating a potential upside of 24.78%. Mobile Infrastructure has a consensus target price of $6.25, indicating a potential upside of 152.02%. Given Mobile Infrastructure’s higher probable upside, analysts plainly believe Mobile Infrastructure is more favorable than American Tower.

Insider and Institutional Ownership

92.7% of American Tower shares are held by institutional investors. Comparatively, 84.3% of Mobile Infrastructure shares are held by institutional investors. 0.1% of American Tower shares are held by company insiders. Comparatively, 36.6% of Mobile Infrastructure shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Valuation and Earnings

This table compares American Tower and Mobile Infrastructure”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
American Tower	$10.82 billion	7.43	$2.53 billion	$7.27	23.72
Mobile Infrastructure	$34.77 million	2.94	-$21.44 million	($0.63)	-3.94

American Tower has higher revenue and earnings than Mobile Infrastructure. Mobile Infrastructure is trading at a lower price-to-earnings ratio than American Tower, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

American Tower has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500. Comparatively, Mobile Infrastructure has a beta of 0.59, meaning that its share price is 41% less volatile than the S&P 500.

Profitability

This table compares American Tower and Mobile Infrastructure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
American Tower	31.08%	32.76%	5.36%
Mobile Infrastructure	-70.76%	-11.49%	-4.88%

Summary

American Tower beats Mobile Infrastructure on 13 of the 15 factors compared between the two stocks.

About American Tower

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 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.

About Mobile Infrastructure

Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet. The Company also owns approximately 0.2 million square feet of retail/commercial space adjacent to its parking facilities.