American Tower Corporation (AMT)
NYSE:AMT
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AMT Stock Chart & Stats
$182.36
$0.15(0.08%)
At close: 4:00 PM EST
$182.36
$0.15(0.08%)
Day’s Range― - ―
52-Week Range$165.08 - $234.33
Previous CloseN/A
Volume625.71K
Average Volume (3M)2.95M
Market Cap
$86.44B
Enterprise Value$130.76B
Total Cash (Recent Filing)$1.47B
Total Debt (Recent Filing)$45.13B
Price to Earnings (P/E)29.5
Beta-0.02
Next Earnings
Jul 23, 2026EPS Estimate
1.55Next Dividend Ex-DateN/A
Dividend Yield3.76%
Share Statistics
EPS (TTM)6.19
Shares Outstanding465,893,070
10 Day Avg. Volume2,983,727
30 Day Avg. Volume2,947,337
Financial Highlights & Ratios
PEG Ratio2.76
Price to Book (P/B)22.55
Price to Sales (P/S)7.74
P/FCF Ratio21.77
Enterprise Value/Market Cap1.51
Enterprise Value/Revenue12.09
Enterprise Value/Gross Profit16.47
Enterprise Value/Ebitda19.49
Forecast
1Y Price Target
$211.77Price Target Upside16.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)6.56
Revenue Forecast (FY)$10.93B
Bulls Say, Bears Say
Bulls Say
Multi‑tenant Recurring Rental ModelAmerican Tower’s core multi‑tenant lease model produces durable, contractually backed rental cash flows with periodic escalators. Adding tenants on existing sites raises revenue with low incremental costs, supporting long‑term margin sustainability, predictable cash generation and operational scalability.
High‑margin Data Center (CoreSite) GrowthCoreSite’s accelerating interconnection demand and strong cash revenue growth diversify American Tower’s mix toward higher‑margin, service‑intensive assets. This structural shift supports higher overall portfolio returns, enhances growth optionality beyond towers, and strengthens long‑term earnings resilience.
Disciplined Capital Allocation & Active Debt ManagementManagement’s emphasis on allocating discretionary capital to developed markets and CoreSite, alongside meaningful share repurchases and targeted refinancing, signals disciplined stewardship. This strategy prioritizes high‑return investments and shareholder returns while actively managing maturities to preserve strategic flexibility.
Bears Say
Elevated LeverageLeverage materially exceeds typical corporate norms, increasing interest‑rate sensitivity and refinancing risk. High debt limits financial flexibility for opportunistic investments and makes distributions and buybacks more contingent on steady cash conversion, elevating long‑term balance‑sheet risk if macro rates rise.
Free Cash Flow DeteriorationA roughly 34% TTM drop in free cash flow weakens internal funding for capex, growth and distributions absent additional financing. Sustained FCF pressure would force greater reliance on debt or equity issuance, compress optionality on capital allocation and raise scrutiny on the sustainability of repurchases and payouts.
Churn & Regional Operational WeaknessContractual churn events and carrier‑specific decommissioning cause timing volatility in revenue and margins. Large tenant churn (e.g., DISH) and regional weakness can depress reported AFFO, complicate growth visibility, and require management to absorb near‑term margin pressure while new tenancy is cultivated.
American Tower News
AMT FAQ
What was American Tower Corporation’s price range in the past 12 months?
American Tower Corporation lowest stock price was $165.08 and its highest was $234.33 in the past 12 months.
What is American Tower Corporation’s market cap?
American Tower Corporation’s market cap is $86.44B.
When is American Tower Corporation’s upcoming earnings report date?
American Tower Corporation’s upcoming earnings report date is Jul 23, 2026 which is in 49 days.
How were American Tower Corporation’s earnings last quarter?
American Tower Corporation released its earnings results on Apr 28, 2026. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.598 by $0.242.
Is American Tower Corporation overvalued?
According to Wall Street analysts American Tower Corporation’s price is currently Undervalued.
Does American Tower Corporation pay dividends?
American Tower Corporation pays a Quarterly dividend of $1.7 which represents an annual dividend yield of 3.76%. See more information on American Tower Corporation dividends here
What is American Tower Corporation’s EPS estimate?
American Tower Corporation’s EPS estimate is 1.55.
How many shares outstanding does American Tower Corporation have?
American Tower Corporation has 465,893,070 shares outstanding.
What happened to American Tower Corporation’s price movement after its last earnings report?
American Tower Corporation reported an EPS of $1.84 in its last earnings report, beating expectations of $1.598. Following the earnings report the stock price went up 1.768%.
Which hedge fund is a major shareholder of American Tower Corporation?
Currently, no hedge funds are holding shares in AMT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
American Tower Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$211.77 (16.13% Upside)
$211.77 (16.13% Upside)
Blogger Sentiment
Bullish
AMT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 308.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $494.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.44%
12-Months-Change
Fundamentals
Return on Equity
76.90%
Trailing 12-Months
Asset Growth
1.90%
Trailing 12-Months
Company Description
American Tower Corporation
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
AMT Company Deck
AMT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a net positive outlook: management upgraded full-year guidance and highlighted strong CoreSite/data center momentum, solid regional growth in Africa/APAC and Europe, disciplined capital allocation (including meaningful share repurchases), and balance sheet strength. Material near-term headwinds include a one-time DISH-related churn impact, Latin America (Brazil) churn-driven weakness, a ~110bps margin decline in the quarter, and permitting/short-term volatility risks. Management emphasized that normalized metrics (excluding DISH and FX effects) show mid-single-digit AFFO per share growth and confidence in long-term secular tailwinds from mobile data, 5G/6G evolution and AI-driven demand.View all AMT earnings summariesAMT Revenue Breakdown
96.81% Property
3.19% Services
AMT Stock 12 Month Forecast
Average Price Target
$211.77
▲(16.13% Upside)
Technical Analysis
Ownership Overview
0.10% Insiders
27.77% Mutual Funds
17.89% Other Institutional Investors
30.04% Public Companies and Individual Investors