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

American Tower (NYSE:AMT) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 10.900-11.07 for the period, compared to the consensus earnings per share estimate of 10.590. The company issued revenue guidance of -.

American Tower Stock Performance

Shares of American Tower stock traded up $3.64 during trading on Thursday, reaching $181.83. The company’s stock had a trading volume of 710,645 shares, compared to its average volume of 3,197,696. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.60 and a current ratio of 0.60. The business’s fifty day moving average price is $180.08 and its 200-day moving average price is $180.03. The firm has a market cap of $84.75 billion, a price-to-earnings ratio of 33.76, a price-to-earnings-growth ratio of 0.74 and a beta of 0.92. American Tower has a one year low of $165.08 and a one year high of $234.33.

American Tower (NYSE:AMT) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $1.25. American Tower had a return on equity of 24.36% and a net margin of 23.76%.The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period in the previous year, the company posted $2.75 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. As a group, equities research analysts predict that American Tower will post 10.59 earnings per share for the current year.

American Tower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 14th were issued a dividend of $1.79 per share. The ex-dividend date of this dividend was Tuesday, April 14th. This is a positive change from American Tower’s previous quarterly dividend of $1.70. This represents a $7.16 dividend on an annualized basis and a yield of 3.9%. American Tower’s dividend payout ratio (DPR) is presently 115.67%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Mizuho raised American Tower from a “neutral” rating to an “outperform” rating and increased their price target for the company from $189.00 to $205.00 in a research note on Wednesday, April 15th. Truist Financial increased their price target on American Tower from $205.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday. BMO Capital Markets increased their price target on American Tower from $185.00 to $200.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Sanford C. Bernstein increased their price target on American Tower from $205.00 to $207.00 and gave the company a “market perform” rating in a research note on Tuesday. Finally, Scotiabank increased their price target on American Tower from $214.00 to $218.00 and gave the company an “outperform” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, American Tower presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.05.

Insider Transactions at American Tower

In related news, Director Rajesh Kalathur acquired 2,671 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the acquisition, the director directly owned 4,936 shares of the company’s stock, valued at approximately $914,640.80. The trade was a 117.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Eugene M. Noel sold 41,209 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $191.05, for a total value of $7,872,979.45. Following the completion of the transaction, the chief operating officer owned 29,592 shares of the company’s stock, valued at $5,653,551.60. The trade was a 58.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is currently owned by corporate insiders.

Key American Tower News

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

• Positive Sentiment: Q1 results beat and outlook hike — AMT reported Q1 AFFO/FFO and revenue above estimates, with management raising full‑year guidance as property and data‑center revenues improved; this is the primary driver of today’s upside. American Tower (AMT) Reports Q1 AFFO and Revenue Above Estimates
• Positive Sentiment: CoreSite 100Gbps upgrade supports AI demand — CoreSite launched 100Gbps EVCs on its Open Cloud Exchange to serve AI/ML and high‑bandwidth workloads, strengthening AMT’s data‑center growth narrative that underpinned the outlook raise. American Tower Leans On CoreSite 100Gbps Push For AI Growth
• Positive Sentiment: Multiple analyst target lifts and buy/outperform notes — Several firms moved price targets higher or reaffirmed bullish ratings (Truist raised to $208, Scotiabank to $218, Citizens Jmp reaffirmed $260), adding support to the stock after the quarter. Analyst Coverage (representative)
• Neutral Sentiment: Mixed analyst views remain — Some shops kept neutral or trimmed guidance-based recommendations (Barclays cut its numeric recommendation recently; JPM lowered a price target but kept an overweight stance), so sentiment is not uniformly bullish. Barclays, Mizuho Offer Mixed Views on American Tower (AMT)
• Neutral Sentiment: Dividend profile noted — AMT remains in dividend‑growth/high‑yield lists (~3.9% yield cited), which may attract income investors but limits upside for purely growth trades. Dividend coverage (InsiderMonkey)
• Negative Sentiment: Margin pressures and regional headwinds flagged on the call — Management noted margin pressure in parts of the business and uneven regional growth, which could compress near‑term profitability if trends persist. AMT Q1 2026 Earnings Call Highlights
• Negative Sentiment: Bearish commentary and downgrades — Some analysts/commentators argue the stock lacks a near‑term catalyst and issued cautious pieces or downgrades, which can cap momentum if follow‑through selling occurs. Seeking Alpha: There’s Nothing To Wake The Stock Up

Hedge Funds Weigh In On American Tower

Hedge funds have recently modified their holdings of the stock. Swiss RE Ltd. bought a new position in American Tower during the fourth quarter worth about $25,000. Acumen Wealth Advisors LLC bought a new position in American Tower during the fourth quarter worth about $29,000. Triumph Capital Management bought a new position in American Tower during the third quarter worth about $29,000. Kemnay Advisory Services Inc. bought a new position in American Tower during the fourth quarter worth about $33,000. Finally, Measured Wealth Private Client Group LLC bought a new position in American Tower during the third quarter worth about $35,000. Institutional investors own 92.69% of the company’s stock.

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.