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

American Tower (NYSE:AMT) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 10.780-10.950 for the period, compared to the consensus estimate of 8.390. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

AMT has been the subject of several recent research reports. Scotiabank dropped their price target on American Tower from $248.00 to $220.00 and set an “outperform” rating for the company in a research report on Wednesday, January 14th. Citigroup reaffirmed a “market outperform” rating on shares of American Tower in a research note on Wednesday, October 29th. New Street Research raised shares of American Tower from a “neutral” rating to a “buy” rating and set a $203.00 target price for the company in a research note on Monday, January 5th. Morgan Stanley decreased their price target on shares of American Tower from $255.00 to $235.00 and set an “overweight” rating on the stock in a research note on Thursday, December 4th. Finally, Mizuho cut their price objective on shares of American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $218.79.

American Tower Stock Up 1.5%

Shares of NYSE:AMT opened at $190.04 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 3.24. The firm has a market cap of $88.97 billion, a price-to-earnings ratio of 30.36, a PEG ratio of 0.78 and a beta of 0.93. The stock’s 50-day moving average price is $178.21 and its two-hundred day moving average price is $185.91. American Tower has a 12-month low of $166.88 and a 12-month high of $234.33.

American Tower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, December 29th were issued a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, December 29th. American Tower’s payout ratio is presently 108.63%.

Insiders Place Their Bets

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of American Tower stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total value of $159,631,314.75. Following the transaction, the insider owned 211,379 shares in the company, valued at $14,743,685.25. This trade represents a 91.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.18% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On American Tower

A number of institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of American Tower by 113.0% during the fourth quarter. Brighton Jones LLC now owns 3,966 shares of the real estate investment trust’s stock valued at $727,000 after acquiring an additional 2,104 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of American Tower by 34.3% in the second quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust’s stock worth $319,000 after acquiring an additional 368 shares in the last quarter. Colonial Trust Advisors boosted its holdings in American Tower by 40.5% in the fourth quarter. Colonial Trust Advisors now owns 520 shares of the real estate investment trust’s stock valued at $91,000 after purchasing an additional 150 shares during the last quarter. Prosperity Bancshares Inc acquired a new stake in American Tower during the 4th quarter valued at approximately $76,000. Finally, Wealth Watch Advisors INC increased its holdings in American Tower by 2,177.8% during the 4th quarter. Wealth Watch Advisors INC now owns 410 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 392 shares during the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

About American Tower

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.