American Tower Corporation (AMT)
| Market Cap | 78.89B |
| Revenue (ttm) | 10.45B |
| Net Income (ttm) | 2.94B |
| Shares Out | 468.15M |
| EPS (ttm) | 6.27 |
| PE Ratio | 26.88 |
| Forward PE | 25.84 |
| Dividend | $6.80 (4.04%) |
| Ex-Dividend Date | Dec 29, 2025 |
| Volume | 2,308,101 |
| Open | 169.44 |
| Previous Close | 170.33 |
| Day's Range | 166.88 - 170.07 |
| 52-Week Range | 166.88 - 234.33 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 229.86 (+36.41%) |
| Earnings Date | Feb 24, 2026 |
About AMT
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities. [Read more]
Financial Performance
In 2024, American Tower's revenue was $10.13 billion, an increase of 1.15% compared to the previous year's $10.01 billion. Earnings were $2.26 billion, an increase of 52.03%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for AMT stock is "Buy." The 12-month stock price target is $229.86, which is an increase of 36.41% from the latest price.
News
U.S. Equity REITs Trade At Median 15% Discount To Analyst Price Targets
All 123 publicly traded US equity real estate investment trusts analyzed by S&P Global Market Intelligence traded below their respective consensus price target estimates. The specialty sector, which i...
American Tower Is Boring, But The Upside Potential Isn't
American Tower Corporation offers stable, recurring revenues and is now trading at a reasonable valuation, warranting a Buy rating. AMT benefits from strong operating leverage, multi-tenant towers, an...
2026 Chilton REIT Forecast: A Golden Opportunity
REITs (MSCI US REIT Index, RMZ) are positioned for multi-year outperformance, with accelerating AFFO growth, healthy balance sheets, and discounted valuations. Despite underperformance versus the S&P ...
Marangi: The secular tailwinds behind wireless are strong, which benefits American Tower
Gabelli Funds' Chris Marangi highlights a top pick in the communication services sector and why he expects it to be a standout well beyond 2026.
American Tower: Oversold With Robust Telecom/Data Center Monetization - Reiterate Buy
American Tower is an even better buy here, thanks to the improved margin of safety from the recent sell-off and the rich upside potential/expanded dividend yields. AMT's resilient telecom tower busine...
5 Dividend Buys That Fill Me With Yuletide Joy
Some end-of-year Big Picture thoughts, including on the demographic destiny of falling population growth and the headwinds to economic growth that come with it. Why tariff-driven inflation is unlikely...
The 5 Cheapest Large Cap REITs For 2026
REITs remain attractively valued, with many trading at near 10-year high dividend yields. AFFO yield plus AFFO growth is utilized as a scoring system in this article. ARE leads in value but faces risk...
Diversifying Dividends: Sketching Out My Battle Plan For 2026
I plan to diversify my REIT-heavy portfolio by systematically allocating to four dividend-focused ETFs in 2026. US economic growth remains steady but subdued, while equity valuations are elevated, sug...
American Tower Corporation (AMT) Presents at UBS Global Media and Communications Conference 2025 Transcript
American Tower Corporation (AMT) Presents at UBS Global Media and Communications Conference 2025 Transcript
The Dividend Growth Trifecta: Hunting For Quality, Yield, And Growth
The Dividend Growth Trifecta—quality, yield, and growth—remains my core focus for portfolio construction in an expensive market. Industry leaders like Ares Management Corporation and Blackstone Inc. o...
American Tower Corporation Declares Quarterly Distribution
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors has declared a quarterly cash distribution of $1.70 per share on shares of the Company's common st...
American Tower Corporation Prices Senior Notes Offering
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2032 in an aggregate principal amount of $85...
American Tower to Present at UBS Global Media and Communications Conference
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that it is scheduled to present at the UBS Global Media and Communications Conference on Tuesday, December 9, 2025 at 9:...
5 Blue-Chip Dividend Compounders I'm Buying On Discount
The current AI investment boom risks creating a bubble, with funding needs outpacing hyperscalers' cash flows and raising concerns of a lost decade for stocks. AI-related stocks have driven market gai...
American Tower: Well-Covered 4% Dividend Potentially Attractive For Income-Oriented Investors (Rating Downgrade)
American Tower Corp. offers an attractive valuation and nearly 4% yield after a strong Q3 earnings beat and raised guidance. AMT's fundamentals remain robust, with solid AFFO growth, strong balance sh...
The Reasons American Tower Is Attractive In The Current Market
American Tower offers a compelling opportunity for dividend investors, with its stock down 20% from its 2025 peak and robust fundamentals. AMT benefits from defensive, consumer-independent revenue str...
Winners And Losers Of REIT Earnings Season
Over 200 U.S. REITs and homebuilders have reported third-quarter earnings results over the past five weeks, providing critical information on the state of the commercial and residential real estate in...
Touchstone Dividend Equity Fund Q3 2025 Portfolio Review
The Touchstone Dividend Equity Fund (Class A Shares, Load Waived) outperformed its benchmark, the Russell 1000 Value Index for the quarter ended September 30, 2025. Selection within Information Techno...
abrdn Global Infrastructure Fund Q3 2025 Performance Review
The abrdn Global Infrastructure Fund slightly underperformed its benchmark in the third quarter of 2025. Individual stock detractors were American Tower, Loma Negra Compañía Industrial Argentina and R...
When The Stimulus Stops
U.S. equity markets stumbled this week as stretched tech valuations collided with weakening consumer and labor market data, while the economic drag and uncertainty from the ongoing government shutdown...
A Whirlwind Tour Through Major REIT Earnings Reports (And My Buy List)
AI-driven tech stocks dominate 2025 returns, leaving dividend and high-yield ETFs lagging due to limited AI exposure. REITs face mixed fortunes: ARE and DOC struggle with life science oversupply, whil...
CoreSite's Chicago AI-Optimized Infrastructure Powers STN's GPU One Platform and Helps Deliver Significant Savings
CHICAGO--(BUSINESS WIRE)--CoreSite, an American Tower company (NYSE: AMT) empowering critical business and AI workloads that impact everyday life through interconnected data center solutions, today an...
Baron Real Estate Income Fund Q3 2025 Top Contributors And Detractors
In the third quarter, the shares of Welltower, an operator of senior housing, life science, and medical office real estate properties, continued to significantly outperform both the REIT and broader e...
American Tower Has It All: Undervaluation, Growth, And Dividend Growth (Upgrade)
American Tower Corporation is upgraded to Strong Buy after a post-earnings price dip, offering a 3.7% dividend yield near historical highs. AMT's Q3 results showed 8% revenue growth, robust data cente...
American Tower Corporation (AMT) Q3 2025 Earnings Call Transcript
American Tower Corporation (NYSE:AMT) Q3 2025 Earnings Call October 28, 2025 8:30 AM EDT Company Participants Spencer Kurn Steven Vondran - President, CEO & Director Rodney Smith - Executive VP, CFO ...