American Tower (AMT) Stock Price, News & Analysis

Company Overview

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. Its portfolio spans macro towers, small cells, distributed antenna systems (DAS), rooftop locations, in‑building solutions and fiber connectivity, enabling carriers and other customers to densify networks and deploy new technologies such as 5G. The company also provides site development, construction and ongoing site management services aimed at accelerating network rollouts and optimizing site performance.

American Tower operates across multiple countries and regions, maintaining a global footprint that includes markets in the Americas, Europe, Africa and Asia Pacific. The business has grown through a combination of organic site builds and strategic acquisitions, positioning it as a leading independent owner of communications infrastructure. As a REIT focused on communications real estate, American Tower is oriented toward supporting network operators’ coverage and capacity needs while pursuing opportunities tied to mobile data growth and evolving connectivity demands.

Key Stats

• Today's Range: $170.63 to $177.78
• 50-Day Range: $167.37 to $188.87
• 52-Week Range: $165.08 to $234.33
• Volume: 3.24 million shs
• Average Volume: 2.91 million shs
• Market Capitalization: $82.62 billion
• P/E Ratio: 28.65
• Dividend Yield: 4.04%
• Price Target: $218.05
• Consensus Rating: Moderate Buy

American Tower Stock Analysis - MarketRank™

American Tower scored higher than 98% of companies evaluated by MarketBeat, and ranked 41st out of 884 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

American Tower has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 1 strong buy rating, 13 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

American Tower has a consensus price target of $216.20, representing about 21.9% upside from its current price of $177.34.

Amount of Analyst Coverage

American Tower has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 5.15%

Earnings Growth

Earnings for American Tower are expected to grow by 5.15% in the coming year, from $10.67 to $11.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Tower is 28.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of American Tower is 28.65, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.72.

Price to Earnings Growth Ratio

American Tower has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

American Tower has a P/B Ratio of 7.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.73% of the float of American Tower has been sold short.

Short Interest Ratio / Days to Cover

American Tower has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Tower has recently increased by 17.60%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

American Tower is a leading dividend payer. It pays a dividend yield of 4.20%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

American Tower has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of American Tower is 115.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, American Tower will have a dividend payout ratio of 63.81% next year. This indicates that American Tower will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.6 / 5
• News Sentiment: 1.41

News Sentiment

American Tower has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 35 news articles for American Tower this week, compared to 10 articles on an average week.

Search Interest

39 people have searched for AMT on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.

MarketBeat Follows

16 people have added American Tower to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.1 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, American Tower insiders have sold 1,525.68% more of their company's stock than they have bought. Specifically, they have bought $494,936.00 in company stock and sold $8,046,071.00 in company stock.

Percentage Held by Insiders

0.08% of the stock of American Tower is held by insiders.

Percentage Held by Institutions

92.69% of the stock of American Tower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 4/28 Dividend: 4/14/2026
• Ex-Dividend for 4/28 Dividend: 4/14/2026
• Last Earnings: 4/28/2026
• Dividend Payable: 4/28/2026
• Today: 5/19/2026
• J.P. Morgan 54th Annual Global Technology, Media and Communications Conference: 5/19/2026
• AGM 2026: 5/20/2026
• Next Earnings (Estimated): 8/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:AMT
• CIK: 1053507
• Web: www.americantower.com
• Phone: (617) 375-7500
• Fax: 617-375-7575
• Employees: 2,388
• Year Founded: 1995

Price Target and Rating

• Average Price Target for American Tower: $216.20
• High Price Target: $260.00
• Low Price Target: $195.00
• Potential Upside/Downside: +21.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.19
• Trailing P/E Ratio: 28.65
• Forward P/E Ratio: 16.62
• P/E Growth: 0.71
• Net Income: $2.53 billion
• Net Margins: 26.81%
• Pretax Margin: 31.84%
• Return on Equity: 27.79%
• Return on Assets: 4.57%

Debt

• Debt-to-Equity Ratio: 3.07
• Current Ratio: 0.43
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $10.64 billion
• Price / Sales: 7.76
• Cash Flow: $10.31 per share
• Price / Cash Flow: 17.20
• Book Value: $22.21 per share
• Price / Book: 7.98

Miscellaneous

• Outstanding Shares: 465,890,000
• Free Float: 465,520,000
• Market Cap: $82.62 billion
• Optionable: Optionable
• Beta: 0.90