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

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AMT. Wells Fargo & Company cut their price objective on American Tower from $210.00 to $200.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. Weiss Ratings reissued a “hold (c)” rating on shares of American Tower in a report on Monday, December 29th. Scotiabank reduced their target price on shares of American Tower from $220.00 to $214.00 and set a “sector outperform” rating for the company in a report on Wednesday. HSBC reduced their target price on shares of American Tower from $235.00 to $205.00 in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada lowered their target price on shares of American Tower from $220.00 to $195.00 and set a “sector perform” rating on the stock in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $217.63.

American Tower Price Performance

AMT opened at $184.98 on Thursday. American Tower has a 1 year low of $166.88 and a 1 year high of $234.33. The company’s 50 day simple moving average is $178.51 and its 200 day simple moving average is $185.77. The stock has a market capitalization of $86.60 billion, a PE ratio of 34.09, a P/E/G ratio of 0.79 and a beta of 0.93. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.89 and a current ratio of 0.60.

American Tower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, December 29th were issued a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, December 29th. American Tower’s dividend payout ratio (DPR) is 108.63%.

Insider Activity

In related news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were 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 owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. This represents a 91.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.17% of the company’s stock.

Trending Headlines about American Tower

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

• Positive Sentiment: Q4 results beat expectations — AFFO and revenues topped estimates and management highlighted robust leasing demand across towers and data centers, supporting growth visibility. American Tower Sees Robust Leasing Demand Across Towers, Data Centers
• Positive Sentiment: BMO raised its price target to $200 (maintains Market Perform), signaling some analyst confidence after the quarter. BMO Capital Adjusts Price Target on American Tower
• Positive Sentiment: UBS trimmed its target slightly to $248 but kept a Buy rating — the call still implies meaningful upside, which can support demand from growth-oriented investors. UBS Lowers Price Target on AMT
• Neutral Sentiment: Several firms adjusted targets downward (Scotiabank to $214, TD Cowen to $225, Morgan Stanley to $220) but most kept constructive ratings — this compresses near-term upside estimates while leaving longer-term views intact. Scotiabank, TD Cowen & Morgan Stanley Price Target Changes
• Neutral Sentiment: Valuation/attractiveness pieces are mixed: some investors see current volatility as a buying opportunity given recent gains YTD and AFFO strength. Is American Tower Pricing Look Attractive After Recent Share Price Volatility
• Neutral Sentiment: Industry commentary and fund-level portfolio notes (e.g., Seeking Alpha coverage comparing peers) provide context but are less likely to move the stock immediately. American Tower Poised To Outperform Crown Castle
• Negative Sentiment: DISH Network has defaulted on lease payments; AMT has initiated legal action and updated its 2026 outlook to account for lost DISH lease revenue — this is the clearest near-term revenue risk. American Tower Weighs DISH Default Against Data Center Growth And Valuation
• Negative Sentiment: Management issued lighter 2026 guidance despite a Q4 beat, emphasizing cost-efficiency and a pivot to data centers to offset US tower headwinds — guidance conservatism tempers upside. American Tower issues light 2026 guidance amid cost efficiency push; Q4 earnings beat

Institutional Trading of American Tower

Several large investors have recently added to or reduced their stakes in the business. Lazard Asset Management LLC lifted its position in American Tower by 36.3% in the fourth quarter. Lazard Asset Management LLC now owns 6,085,163 shares of the real estate investment trust’s stock worth $1,068,372,000 after purchasing an additional 1,620,781 shares during the period. Amundi lifted its holdings in shares of American Tower by 49.5% during the fourth quarter. Amundi now owns 3,166,557 shares of the real estate investment trust’s stock valued at $555,956,000 after purchasing an additional 1,048,707 shares during the last quarter. Viking Global Investors LP boosted its position in shares of American Tower by 233.5% in the 2nd quarter. Viking Global Investors LP now owns 2,797,125 shares of the real estate investment trust’s stock valued at $618,221,000 after purchasing an additional 1,958,329 shares during the period. The Manufacturers Life Insurance Company increased its stake in American Tower by 107.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,506,569 shares of the real estate investment trust’s stock worth $440,078,000 after purchasing an additional 1,300,219 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of American Tower by 309.4% in the fourth quarter. AQR Capital Management LLC now owns 1,458,493 shares of the real estate investment trust’s stock worth $256,068,000 after buying an additional 1,102,275 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.

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.