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

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

Analysts Set New Price Targets

Several research firms have recently issued reports on AMT. Barclays decreased their target price on American Tower from $200.00 to $195.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. Raymond James Financial reissued a “strong-buy” rating and set a $240.00 price objective on shares of American Tower in a research note on Wednesday, April 29th. Scotiabank boosted their price objective on shares of American Tower from $214.00 to $218.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Royal Bank Of Canada raised shares of American Tower from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $195.00 to $205.00 in a research note on Friday, June 26th. Finally, Jefferies Financial Group increased their target price on shares of American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $215.57.

American Tower Price Performance

NYSE AMT opened at $166.69 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 3.07. American Tower has a 12-month low of $160.06 and a 12-month high of $229.07. The company has a market capitalization of $77.66 billion, a PE ratio of 26.93, a price-to-earnings-growth ratio of 0.70 and a beta of 0.91. The firm’s 50 day moving average is $176.56 and its 200-day moving average is $178.30.

American Tower (NYSE:AMT) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, beating the consensus estimate of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.66 billion. During the same quarter last year, the company earned $2.75 EPS. American Tower’s revenue for the quarter was up 6.8% compared to the same quarter last year. Equities research analysts anticipate that American Tower will post 10.66 earnings per share for the current fiscal year.

American Tower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Friday, June 12th were paid a $1.79 dividend. This represents a $7.16 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, June 12th. American Tower’s dividend payout ratio (DPR) is 115.67%.

Insider Buying and Selling

In other American Tower news, EVP Ruth T. Dowling sold 416 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $177.54, for a total transaction of $73,856.64. Following the transaction, the executive vice president owned 29,461 shares of the company’s stock, valued at $5,230,505.94. The trade was a 1.39% decrease in their ownership of the stock. The sale 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. Insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On American Tower

Several hedge funds have recently bought and sold shares of the stock. Swiss RE Ltd. bought a new position in shares of American Tower during the fourth quarter worth approximately $25,000. Acumen Wealth Advisors LLC bought a new stake in American Tower in the 4th quarter valued at $29,000. Triumph Capital Management acquired a new position in American Tower in the 3rd quarter valued at $29,000. Kemnay Advisory Services Inc. bought a new position in American Tower during the 4th quarter worth $33,000. Finally, Measured Wealth Private Client Group LLC bought a new position in American Tower during the 3rd quarter worth $35,000. 92.69% of the stock is currently owned by institutional investors and hedge funds.

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.