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

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

American Tower Stock Performance

Shares of AMT stock traded up $9.97 during mid-day trading on Tuesday, reaching $176.71. The stock had a trading volume of 456,583 shares, compared to its average volume of 3,193,787. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 3.07. American Tower has a 1-year low of $160.06 and a 1-year high of $219.00. The firm has a market cap of $82.33 billion, a price-to-earnings ratio of 28.58, a PEG ratio of 0.70 and a beta of 0.91. The business’s fifty day moving average is $176.56 and its 200-day moving average is $178.30.

American Tower (NYSE:AMT) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping the consensus estimate of $1.60 by $1.24. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the prior year, the company earned $2.75 EPS. American Tower’s quarterly revenue was up 6.8% on a year-over-year basis. On average, research analysts forecast that American Tower will post 10.66 earnings per share for the current year.

American Tower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 13th. Shareholders of record on Friday, June 12th were given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, June 12th. American Tower’s dividend payout ratio (DPR) is currently 115.67%.

Analysts Set New Price Targets

A number of brokerages have weighed in on AMT. Sanford C. Bernstein upgraded shares of American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 price objective for the company in a research report on Tuesday, May 19th. JPMorgan Chase & Co. cut their price objective on American Tower from $245.00 to $240.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Citizens Jmp reaffirmed a “market outperform” rating and set a $260.00 target price on shares of American Tower in a research note on Wednesday, April 29th. Mizuho upgraded American Tower from a “neutral” rating to an “outperform” rating and increased their target price for the company from $189.00 to $205.00 in a research report on Wednesday, April 15th. Finally, Scotiabank boosted their price target on shares of American Tower from $214.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $215.57.

Insider Transactions at American Tower

In other news, EVP Ruth T. Dowling sold 416 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $177.54, for a total transaction of $73,856.64. Following the completion of the sale, the executive vice president owned 29,461 shares of the company’s stock, valued at $5,230,505.94. This represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is currently owned by company insiders.

Trending Headlines about American Tower

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: American Tower reported second-quarter revenue of $2.75 billion, up 4.7% year over year, while net income attributable to common stockholders rose 136.5% to $868 million, or $1.86 per diluted share. Adjusted EBITDA increased 3.2% to $1.81 billion and AFFO rose 3.8% to $1.26 billion. Reuters article
• Positive Sentiment: The company raised the midpoints of its 2026 guidance for property revenue, adjusted EBITDA, AFFO and AFFO per share. Its updated full-year EPS outlook of $11.00 to $11.17 is above the $10.66 analyst consensus, supporting expectations for stronger profitability. Seeking Alpha article
• Positive Sentiment: Management cited robust global tower leasing demand, record leasing activity at CoreSite and continued operational execution. The company also declared a $1.79-per-share quarterly distribution and ended the quarter with approximately $9.9 billion in liquidity, factors that may reinforce the stock’s income and financial-strength appeal. American Tower second-quarter results
• Neutral Sentiment: Investor attention is also focused on the Federal Reserve’s upcoming decision. Potential changes in interest-rate expectations could influence REIT valuations and borrowing costs, partially offsetting the benefit of American Tower’s strong operating results. Kalkine Media article

Institutional Trading of American Tower

A number of hedge funds have recently bought and sold shares of AMT. Swiss RE Ltd. acquired a new stake in shares of American Tower in the fourth quarter valued at approximately $25,000. Acumen Wealth Advisors LLC acquired a new position in American Tower during the fourth quarter worth $29,000. Triumph Capital Management acquired a new position in American Tower during the third quarter worth $29,000. Kemnay Advisory Services Inc. acquired a new stake in shares of American Tower in the 4th quarter worth $33,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of American Tower in the 3rd quarter worth $35,000. Institutional investors and hedge funds 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.