American Tower Corporation (AMT)

US — Real Estate Sector
Peers: EQIX  PLD  DLR  PSA  SPG  CCI  SBAC  O 

Automate Your Wheel Strategy on AMT

With Tiblio's Option Bot, you can configure your own wheel strategy including AMT - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol AMT
  • Rev/Share 22.3374
  • Book/Share 23.0023
  • PB 20.0633
  • Debt/Equity 11.3875
  • CurrentRatio 0.5899
  • ROIC 0.0704

 

  • MktCap 79322763801.0
  • FreeCF/Share 7.8859
  • PFCF 21.4914
  • PE 26.9888
  • Debt/Assets 0.7045
  • DivYield 0.0401
  • ROE 0.806

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade AMT New Street Neutral Buy -- $203 Jan. 5, 2026
Downgrade AMT Barclays Overweight Equal Weight -- $200 Dec. 1, 2025
Downgrade AMT RBC Capital Mkts Outperform Sector Perform -- $220 Oct. 2, 2025
Downgrade AMT HSBC Securities Buy Hold -- $235 July 30, 2025
Resumed AMT BofA Securities -- Buy -- $255 May 19, 2025
Resumed AMT Morgan Stanley -- Overweight -- $250 April 1, 2025
Upgrade AMT Wells Fargo Equal Weight Overweight $210 $230 March 17, 2025
Initiation AMT JMP Securities -- Mkt Outperform -- $225 Jan. 27, 2025
Downgrade AMT Wells Fargo Overweight Equal Weight $245 $230 Oct. 10, 2024

News

Everyone Hates REITs - A Contrarian Opportunity
AGG, AGNC, AGNCL, AGNCM, AGNCN, AGNCO, AGNCP, AHR, AHT, AIV, ALEX, AMH, AMT, ARE, AVB, AWP, BHR, BLDG, BXMT, CCI, CIO, CSR, CUBE, CURB, DLR
Published: December 15, 2025 by: Seeking Alpha
Sentiment: Negative

REITs endured a brutal three-plus-year stretch since March 2022, underperforming the S&P 500 by an unprecedented 70 percentage points, far worse than the Global Financial Crisis. Extreme underperformance has left REITs historically cheap despite solid property-level fundamentals, but this valuation discount carries a cost: elevated capital costs, suppressed transaction activity, and limited external growth opportunities. Depressed public-market valuations have triggered a pronounced “REIT exodus,” with 40 REITs acquired, liquidated, or seeking sales since 2022, while new REIT formation has collapsed to a fraction of norms.

Read More
image for news Everyone Hates REITs - A Contrarian Opportunity
Verizon or American Tower: Which is the Smarter 5G Bet for 2026?
AMT, VZ
Published: December 12, 2025 by: Zacks Investment Research
Sentiment: Positive

VZ's lower valuation and strong 5G momentum give it an edge over AMT in the 2026 telecom race.

Read More
image for news Verizon or American Tower: Which is the Smarter 5G Bet for 2026?
American Tower Corporation (AMT) Presents at UBS Global Media and Communications Conference 2025 Transcript
AMT
Published: December 09, 2025 by: Seeking Alpha
Sentiment: Neutral

American Tower Corporation (AMT) Presents at UBS Global Media and Communications Conference 2025 Transcript

Read More
image for news American Tower Corporation (AMT) Presents at UBS Global Media and Communications Conference 2025 Transcript
Is American Tower (AMT) a Buy as Wall Street Analysts Look Optimistic?
AMT
Published: November 28, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Is American Tower (AMT) a Buy as Wall Street Analysts Look Optimistic?
Touchstone Dividend Equity Fund Q3 2025 Portfolio Review
AAPL, AMT, AVGO, IFF, INTC, KLAC, LVS, ORCL, SHW, STZ, TXN
Published: November 13, 2025 by: Seeking Alpha
Sentiment: Positive

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 Technology, Health Care, and Financials was the primary driver of positive relative returns, while selection within Communication Services and Materials detracted modestly. The Fund added one new name during the quarter, Sherwin-Williams Co. (SHW) and sold one name, Intel Corp. (INTC).

Read More
image for news Touchstone Dividend Equity Fund Q3 2025 Portfolio Review
4 High-Yield Real Estate Stocks to Buy as Investors Get Defensive
AMT, FBRT, IRM, NTST
Published: November 13, 2025 by: MarketBeat
Sentiment: Neutral

Consumers are about as pessimistic about the state of the economy as they have ever been, amid a weakening labor market, disruptions related to the fall 2025 government shutdown, and concerns about an AI bubble. Though the S&P 500 appears to be continuing its ascent, having climbed by almost 17% this year, it is not surprising that investors are growing cautious as they wait for a (potentially major) course correction.

Read More
image for news 4 High-Yield Real Estate Stocks to Buy as Investors Get Defensive
American Tower Stock Down Despite AFFO & Revenue Beat, '25 View Raised
AMT
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Neutral

AMT tops Q3 estimates with strong tenant billings, robust data center demand and an upbeat full-year FFO outlook.

Read More
image for news American Tower Stock Down Despite AFFO & Revenue Beat, '25 View Raised
American Tower Corporation (AMT) Q3 2025 Earnings Call Transcript
AMT
Published: October 28, 2025 by: Seeking Alpha
Sentiment: Neutral

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 & Treasurer Conference Call Participants Michael Funk - BofA Securities, Research Division Nicholas Del Deo - MoffettNathanson LLC James Schneider - Goldman Sachs Group, Inc., Research Division Ric Prentiss - Raymond James & Associates, Inc., Research Division Eric Luebchow - Wells Fargo Securities, LLC, Research Division David Barden - New Street Research LLP Michael Rollins - Citigroup Inc., Research Division Richard Choe - JPMorgan Chase & Co, Research …

Read More
image for news American Tower Corporation (AMT) Q3 2025 Earnings Call Transcript
American Tower to Report Q3 Earnings: What to Expect From the Stock?
AMT
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

AMT's Q3 revenues are likely to have risen on 5G rollout, cloud growth and macro-tower investments, though AFFO per share may have slightly dipped.

Read More
image for news American Tower to Report Q3 Earnings: What to Expect From the Stock?
Exploring Analyst Estimates for American Tower (AMT) Q3 Earnings, Beyond Revenue and EPS
AMT
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

Get a deeper insight into the potential performance of American Tower (AMT) for the quarter ended September 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Read More
image for news Exploring Analyst Estimates for American Tower (AMT) Q3 Earnings, Beyond Revenue and EPS
The State Of REITs: October 2025 Edition
AMT, BBRE, CIO, COLD, DFAR, DFGR, FREL, ICF, IYR, MRP, PECO, PLYM, RWR, SBAC, SCHH, UNIT, USRT, VNQ, WHLR, XLRE
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Negative

After a strong August, REITs faded slightly in September (-0.73%), pulling the REIT sector's year-to-date average total return down to (-1.74%). Mid-cap REITs (-0.92%) averaged the lowest total return in September. Large caps (-0.29%), micro caps (-0.79%), and small caps (-0.83%) averaged modestly smaller declines. Only 37.4% of REIT securities had a positive total return in September.

Read More
image for news The State Of REITs: October 2025 Edition
American Tower's Coresite Builds New DE3 Data Center in Denver
AMT
Published: October 07, 2025 by: Zacks Investment Research
Sentiment: Positive

AMT's Coresite is expanding its Denver footprint with the DE3 data center, the city's first new colocation site in two decades.

Read More
image for news American Tower's Coresite Builds New DE3 Data Center in Denver
CoreSite Achieves Key Construction Milestone for New DE3 Data Center in Denver
AMT
Published: October 06, 2025 by: Business Wire
Sentiment: Neutral

DENVER--(BUSINESS WIRE)--CoreSite, an American Tower company (NYSE: AMT) empowering critical business and AI workloads that impact everyday life through interconnected data center solutions, recently celebrated a major construction milestone for its new DE3 data center at 4900 Race Street in Denver. CoreSite's leadership team, state and city leaders, customers, community partners and vendors gathered to commemorate the topping off of CoreSite's newest development project. CoreSite's DE3 data ce.

Read More
image for news CoreSite Achieves Key Construction Milestone for New DE3 Data Center in Denver
SBA Communications Setting Up Ahead Of American Tower
AMT, SBAC
Published: October 01, 2025 by: Seeking Alpha
Sentiment: Neutral

SBA Communications and American Tower have disappointed investors over the last 3 years. The primary issue was that investors overpaid for growth. The secondary issue was even that expected growth didn't materialize.

Read More
image for news SBA Communications Setting Up Ahead Of American Tower
American Tower's CoreSite Subsidiary Launches NY3 Data Center
AMT
Published: September 26, 2025 by: Zacks Investment Research
Sentiment: Positive

AMT expands CoreSite's footprint with the NY3 data center, boosting cloud connectivity and AI-ready infrastructure in the New York metro.

Read More
image for news American Tower's CoreSite Subsidiary Launches NY3 Data Center
American Tower Remains An Attractive, Low-Risk Play
AMT
Published: September 25, 2025 by: Seeking Alpha
Sentiment: Positive

American Tower faces recent profit and cash flow declines, but revenue growth and raised 2025 guidance support continued optimism. AMT's Data Centers and international segments drive revenue gains, offsetting weakness in United States/Canada and Latin America due to currency impacts. Valuation is reasonable versus peers, especially given AMT's lower leverage and stronger financial flexibility compared to CCI and SBAC.

Read More
image for news American Tower Remains An Attractive, Low-Risk Play
American Tower Corporation (AMT) Presents at Global Communications Infrastructure Conference Transcript
AMT
Published: September 16, 2025 by: Seeking Alpha
Sentiment: Neutral

American Tower Corporation (NYSE:AMT ) Global Communications Infrastructure Conference September 16, 2025 9:30 AM EDT Company Participants Rodney Smith - Executive VP, CFO & Treasurer Conference Call Participants Jonathan Atkin - RBC Capital Markets, Research Division Presentation Jonathan Atkin RBC Capital Markets, Research Division Welcome, everybody, to the first session of the first day of the 2025 edition of our Global Communications Infrastructure Conference. My name is Jon Atkin.

Read More
image for news American Tower Corporation (AMT) Presents at Global Communications Infrastructure Conference Transcript
American Tower Corporation (AMT) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
AMT
Published: September 10, 2025 by: Seeking Alpha
Sentiment: Neutral

American Tower Corporation (NYSE:AMT ) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 1:10 PM EDT Company Participants Steven Vondran - President, CEO & Director Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Good morning, everybody. Welcome to the Goldman Sachs Communacopia and Technology Conference.

Read More
image for news American Tower Corporation (AMT) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
American Tower Corporation (AMT) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference Transcript
AMT
Published: September 03, 2025 by: Seeking Alpha
Sentiment: Neutral

American Tower Corporation (NYSE:AMT ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 10:10 AM EDT Company Participants Steven Vondran - President, CEO & Director Conference Call Participants Michael Rollins - Citigroup Inc., Research Division Presentation Michael Rollins MD & U.S. Telecoms Analyst [Audio Gap] and infrastructure for Citi. Just a quick housekeeping item.

Read More
image for news American Tower Corporation (AMT) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference Transcript
American Tower Stock Rises 11.2% YTD: Will it Continue to Rise?
AMT
Published: September 01, 2025 by: Zacks Investment Research
Sentiment: Positive

AMT stock rallies 11.2% YTD, driven by 5G expansion, long-term leases and steady dividend hikes.

Read More
image for news American Tower Stock Rises 11.2% YTD: Will it Continue to Rise?
The Calm Before The Cut
AHT, AMT, BBRE, BHR, CCI, COLD, DRN, DRV, FCPT, FREL, FRI, GTY, HPP, IARAX, ICF, IVT, IYR, JRS, KBWY, LAND, LINE, MPW, NRO, OHI, PINE
Published: September 01, 2025 by: Seeking Alpha
Sentiment: Neutral

U.S. equity markets were little-changed this past week as a tranquil end-of-summer week with status-quo inflation and economic indicators concluded with a jolting post-close tariff headline with highly uncertain implications. An appeals court ruled that the White House exceeded its authority under the Emergency Powers Act - the mechanism used for broad “reciprocal” tariffs - setting up a final Supreme Court showdown. The fresh injection of tariff uncertainty precedes a critical stretch of employment and inflation data and a mid-September Federal Reserve meeting that is increasingly likely to be highly contentious.

Read More
image for news The Calm Before The Cut
American Tower Corporation (AMT) Presents at KeyBanc Capital Markets Technology Leadership Forum
AMT
Published: August 11, 2025 by: Seeking Alpha
Sentiment: Neutral

American Tower Corporation (NYSE:AMT ) KeyBanc Capital Markets Technology Leadership Forum August 11, 2025 1:00 PM ET Company Participants Edward M. Knapp - Senior VP & CTO Conference Call Participants Brandon Lee Nispel - KeyBanc Capital Markets Inc., Research Division Brandon Lee Nispel Good morning, everybody.

Read More
image for news American Tower Corporation (AMT) Presents at KeyBanc Capital Markets Technology Leadership Forum
Disinflation Dividend: REIT Earnings Scorecard
AMH, AMT, ARR, BBRE, BFS, BHR, CBL, CCI, CHCT, CIO, COLD, DRN, DRV, ELME, ELS, EPR, EQIX, ESS, EXR, FREL, FRI, GLPI, GPMT, IARAX, ICF, ILPT, INVH, IRM, IYR, JRS, KBWY, LAMR, LINE, LXP, NRO, NTST, OUT, PPTY, PSA, PSR, RC, REG, REIT, REK, RFI, RITM, RNP, RQI, RWR, SCHH, SEVN, SKT, SLG, SRS, SRVR, SUI, URE, USRT, VICI, VNQ, VRAI, WELL, XHR, XLRE
Published: August 10, 2025 by: Seeking Alpha
Sentiment: Positive

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.

Read More
image for news Disinflation Dividend: REIT Earnings Scorecard
3 Stocks Riding the AI Data Center Buildout Wave
AMT, JCI, VRT
Published: August 06, 2025 by: MarketBeat
Sentiment: Positive

Earnings season follows a predictable rhythm. Investors have now heard from many companies fueling the artificial intelligence (AI) revolution.

Read More
image for news 3 Stocks Riding the AI Data Center Buildout Wave
American Tower's Meltdown Unwarranted - Buy The Raised Guidance
AMT
Published: July 31, 2025 by: Seeking Alpha
Sentiment: Neutral

The market has over-reacted to AMT's FQ2'25 AFFO per share miss by $0.01, with the -6.5% correction post-earnings overly done. This is especially since the management has raised their FY2025 guidance, with it signaling improved international telecom and data center related growth prospects. With numerous market leaders already signaling the multi-year capex spending trends and data demand/ subscriber growth, AMT is likely to continue outperforming ahead.

Read More
image for news American Tower's Meltdown Unwarranted - Buy The Raised Guidance
American Tower Stock Declines Despite Revenue & AFFO Beat
AMT
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Negative

AMT lifts 2025 guidance after Q2 revenues and AFFO top estimates, but shares slip 4% as foreign currency losses weigh on investor sentiment.

Read More
image for news American Tower Stock Declines Despite Revenue & AFFO Beat
American Tower Corporation (AMT) Q2 2025 Earnings Call Transcript
AMT
Published: July 29, 2025 by: Seeking Alpha
Sentiment: Neutral

American Tower Corporation (NYSE:AMT ) Q2 2025 Earnings Conference Call July 29, 2025 8:30 AM ET Company Participants Kate Reeb - Corporate Participant Rodney M. Smith - Executive VP, CFO & Treasurer Steven O.

Read More
image for news American Tower Corporation (AMT) Q2 2025 Earnings Call Transcript
Compared to Estimates, American Tower (AMT) Q2 Earnings: A Look at Key Metrics
AMT
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for American Tower (AMT) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news Compared to Estimates, American Tower (AMT) Q2 Earnings: A Look at Key Metrics
Countdown to American Tower (AMT) Q2 Earnings: Wall Street Forecasts for Key Metrics
AMT
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Beyond analysts' top-and-bottom-line estimates for American Tower (AMT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.

Read More
image for news Countdown to American Tower (AMT) Q2 Earnings: Wall Street Forecasts for Key Metrics
American Tower Corporation Releases 2024 Sustainability Executive Report
AMT
Published: July 23, 2025 by: Business Wire
Sentiment: Neutral

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the release of its 2024 sustainability executive report and accompanying indices and supplements, which highlight the Company's progress across its three sustainability pillars: Environment, Social, and Governance. The report underscores American Tower's commitment to aligning sustainability with operational excellence and long-term value creation. “Our sustainability strategy is rooted in driving business value whi.

Read More
image for news American Tower Corporation Releases 2024 Sustainability Executive Report

About American Tower Corporation (AMT)

  • IPO Date 1998-02-27
  • Website https://www.americantower.com
  • Industry REIT - Specialty
  • CEO Steven O. Vondran
  • Employees 4691

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.