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 earnings per share guidance of 11.000-11.170 for the period, compared to the consensus earnings per share estimate of 10.660. The company issued revenue guidance of -.

American Tower Stock Performance

NYSE:AMT traded up $4.49 during mid-day trading on Wednesday, hitting $175.99. 475,540 shares of the company traded hands, compared to its average volume of 3,203,332. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 3.07. The stock’s fifty day moving average price is $176.34 and its 200-day moving average price is $178.32. The firm has a market cap of $81.99 billion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 0.70 and a beta of 0.91. American Tower has a one year low of $160.06 and a one year high of $217.39.

American Tower (NYSE:AMT) last posted 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 return on equity of 27.79% and a net margin of 26.81%.The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.66 billion. During the same period in the prior year, the company posted $2.75 EPS. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. Research analysts anticipate that American Tower will post 10.66 earnings per share for the current fiscal year.

American Tower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Friday, June 12th were issued a $1.79 dividend. The ex-dividend date was Friday, June 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 4.1%. American Tower’s payout ratio is 115.67%.

Analyst Ratings Changes

AMT has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their price target 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. Mizuho upgraded American Tower from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $189.00 to $205.00 in a research report on Wednesday, April 15th. Raymond James Financial restated a “strong-buy” rating and set a $240.00 price objective on shares of American Tower in a report on Wednesday, April 29th. Sanford C. Bernstein upgraded shares of American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 price target on the stock in a report on Tuesday, May 19th. Finally, Truist Financial raised their target price on shares of American Tower from $205.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $214.76.

American Tower News Roundup

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

• Positive Sentiment: American Tower reported second-quarter revenue of approximately $2.75 billion, up about 4.7% year over year, while adjusted funds from operations (AFFO) rose to $2.71 per share, in line with estimates. Reported EPS and revenue exceeded consensus expectations. American Tower tops second-quarter estimates, raises annual outlook
• Positive Sentiment: Management raised its full-year 2026 outlook, including the midpoint for property revenue, adjusted EBITDA, AFFO and AFFO per share. EPS guidance of $11.00-$11.17 is above the roughly $10.66 analyst consensus, signaling stronger expected cash-flow performance. American Tower Corporation Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Record leasing at CoreSite, American Tower’s data-center platform, and robust demand across its global wireless-tower portfolio are key growth drivers. AI-related data-center demand and rising mobile data usage strengthen the company’s long-term expansion prospects. American Tower Raises Outlook as CoreSite Leasing Reaches Record
• Neutral Sentiment: The quarter’s AFFO result met, rather than exceeded, expectations. Investors may therefore focus more heavily on execution against the increased outlook and the pace at which CoreSite leasing converts into revenue and cash flow.
• Negative Sentiment: Some reports noted that the full-year revenue outlook remained below market expectations despite the improved guidance. DISH-related tenant churn and higher refinancing costs also weighed on results and could restrain near-term AFFO growth. American Tower Q2 2026 Earnings Call Highlights

Institutional Investors Weigh In On American Tower

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in shares of 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 in the last quarter. Sivia Capital Partners LLC raised its stake in American Tower by 34.3% during 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 acquiring an additional 368 shares during the last quarter. United Bank boosted its holdings in shares of American Tower by 12.7% in the second quarter. United Bank now owns 6,488 shares of the real estate investment trust’s stock valued at $1,434,000 after acquiring an additional 733 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in American Tower by 2.2% in the second quarter. Treasurer of the State of North Carolina now owns 218,511 shares of the real estate investment trust’s stock valued at $48,295,000 after acquiring an additional 4,778 shares during the period. Finally, Ieq Capital LLC increased its holdings in American Tower by 52.2% in the second quarter. Ieq Capital LLC now owns 34,248 shares of the real estate investment trust’s stock valued at $7,570,000 after buying an additional 11,751 shares in the last quarter. Institutional investors and hedge funds 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.