American Tower (NYSE:AMT) Announces Earnings Results

American Tower (NYSE:AMT) issued its earnings results on Tuesday. The real estate investment trust reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.54 by $0.09, Zacks reports. American Tower had a return on equity of 28.79% and a net margin of 28.11%.The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same quarter in the previous year, the company posted $2.62 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. American Tower updated its FY 2026 guidance to 10.780-10.950 EPS.

American Tower Trading Up 1.5%

Shares of American Tower stock opened at $190.04 on Tuesday. The stock has a market capitalization of $88.97 billion, a P/E ratio of 30.36, a price-to-earnings-growth ratio of 0.78 and a beta of 0.93. The company has a 50-day simple moving average of $178.21 and a 200 day simple moving average of $185.91. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 3.24. American Tower has a 12-month low of $166.88 and a 12-month high of $234.33.

American Tower Dividend Announcement

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

Insider Buying and Selling

In related news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the sale, the insider directly owned 211,379 shares of the company’s stock, valued at $14,743,685.25. This trade represents a 91.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.18% of the stock is currently owned by company insiders.

Institutional Trading of American Tower

Several large investors have recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in American Tower by 113.0% in 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 during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of American Tower by 34.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust’s stock valued at $319,000 after purchasing an additional 368 shares during the period. Colonial Trust Advisors lifted its stake in shares of American Tower by 40.5% in the 4th 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 period. Prosperity Bancshares Inc acquired a new stake in shares of American Tower during the fourth quarter worth $76,000. Finally, Wealth Watch Advisors INC grew its stake in shares of American Tower by 2,177.8% during the fourth 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 period. Institutional investors own 92.69% of the company’s stock.

Wall Street Analyst Weigh In

AMT has been the subject of a number of analyst reports. Mizuho reduced their target price on shares of American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. TD Cowen reduced their price objective on shares of American Tower from $249.00 to $235.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. UBS Group decreased their price objective on shares of American Tower from $260.00 to $254.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. JPMorgan Chase & Co. cut their price objective on American Tower from $250.00 to $245.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Finally, Barclays reaffirmed an “equal weight” rating and issued a $200.00 price target (down from $203.00) on shares of American Tower in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, American Tower currently has an average rating of “Moderate Buy” and a consensus target price of $218.79.

Key Headlines Impacting American Tower

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

• Positive Sentiment: Management raised FY‑2026 EPS guidance to $10.780–$10.950 vs. Street consensus of $8.390 — a sizeable upside to estimates that is driving investor optimism.
• Positive Sentiment: Q4 results beat expectations: EPS $2.63 vs. $2.54 consensus and revenue $2.74B vs. $2.69B consensus, signaling stronger cash generation and margin performance. Press Release
• Positive Sentiment: Company commentary and reporting point to robust leasing activity from wireless carriers and continued momentum in data‑center demand (key growth drivers for towers and colocation). American Tower posts upbeat revenue
• Neutral Sentiment: BusinessWire / earnings release highlights high‑single‑digit AFFO per share growth and execution on strategy — confirms fundamentals but is largely a restatement of results already priced in. BusinessWire Earnings Release
• Neutral Sentiment: Brokerage consensus remains constructive (moderate buy), supporting longer‑term investor interest but not an immediate catalyst. Brokerage Consensus
• Negative Sentiment: Reports flag a disclosed DISH default issue — this represents a potential near‑term revenue/collection risk on tenant leases and is a key watch item for downside risk. DISH default disclosure

American Tower Company Profile

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.