American Tower (NYSE:AMT) Updates FY 2026 Earnings Guidance

American Tower (NYSE:AMTGet Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 11.000-11.170 for the period, compared to the consensus EPS estimate of 10.660. The company issued revenue guidance of -.

Analyst Ratings Changes

AMT has been the topic of several recent analyst reports. Barclays dropped their price objective on American Tower from $200.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 16th. Royal Bank Of Canada raised shares of American Tower from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $195.00 to $205.00 in a report on Friday, June 26th. Jefferies Financial Group reduced their price target on shares of American Tower from $210.00 to $201.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. JPMorgan Chase & Co. lowered their price objective on shares of American Tower from $245.00 to $240.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Finally, Wolfe Research upgraded shares of American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 target price on the stock in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $215.19.

View Our Latest Research Report on AMT

American Tower Stock Performance

Shares of NYSE AMT traded down $5.86 during midday trading on Thursday, hitting $173.40. 361,846 shares of the company’s stock traded hands, compared to its average volume of 3,218,551. The firm has a fifty day moving average of $176.26 and a 200 day moving average of $178.38. American Tower has a 1 year low of $160.06 and a 1 year high of $217.39. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.43 and a current ratio of 0.52. The stock has a market capitalization of $80.79 billion, a price-to-earnings ratio of 24.00, a price-to-earnings-growth ratio of 0.72 and a beta of 0.91.

American Tower (NYSE:AMTGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $1.24. American Tower had a net margin of 31.08% and a return on equity of 32.76%. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter last year, the firm posted $2.75 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. On average, analysts forecast that American Tower will post 10.66 earnings per share for the current year.

American Tower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Friday, June 12th were given a dividend of $1.79 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 4.1%. American Tower’s payout ratio is presently 115.67%.

Institutional Investors Weigh In On American Tower

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Swiss RE Ltd. bought a new position in shares of American Tower in the fourth quarter worth approximately $25,000. Acumen Wealth Advisors LLC purchased a new position in shares of American Tower during the 4th quarter valued at $29,000. Triumph Capital Management bought a new position in American Tower in the 3rd quarter worth $29,000. Kemnay Advisory Services Inc. bought a new position in American Tower in the 4th quarter worth $33,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in American Tower in the 3rd quarter worth $35,000. Institutional investors own 92.69% of the company’s stock.

American Tower Company Profile

(Get Free Report)

American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.

Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.

Further Reading

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