American Tower (NYSE:AMT) Releases FY25 Earnings Guidance

American Tower (NYSE:AMT) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $10.31 to $10.50 for the period, compared to the consensus earnings per share estimate of $10.41. American Tower also updated its FY 2025 guidance to 10.310-10.500 EPS.

American Tower Price Performance

NYSE:AMT traded up $12.03 during trading hours on Tuesday, reaching $204.03. 2,135,113 shares of the company were exchanged, compared to its average volume of 2,177,787. The business has a 50 day moving average of $185.63 and a 200 day moving average of $207.14. American Tower has a 1-year low of $170.46 and a 1-year high of $243.56. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.69 and a quick ratio of 0.69. The company has a market capitalization of $95.34 billion, a P/E ratio of 86.08, a P/E/G ratio of 1.29 and a beta of 0.84.

American Tower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Friday, December 27th were given a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend was Friday, December 27th. American Tower’s payout ratio is currently 273.42%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Barclays reduced their price objective on shares of American Tower from $215.00 to $214.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. JMP Securities initiated coverage on American Tower in a research note on Monday, January 27th. They issued an “outperform” rating and a $225.00 price target for the company. Morgan Stanley cut their target price on shares of American Tower from $219.00 to $213.00 and set an “equal weight” rating on the stock in a research report on Monday. StockNews.com lowered American Tower from a “buy” rating to a “hold” rating in a research report on Wednesday, October 30th. Finally, Mizuho lowered their target price on shares of American Tower from $221.00 to $204.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, American Tower currently has a consensus rating of “Moderate Buy” and a consensus target price of $227.00.

Insider Buying and Selling

In other American Tower news, CFO Rodney M. Smith sold 16,567 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $181.10, for a total value of $3,000,283.70. Following the transaction, the chief financial officer now directly owns 62,792 shares of the company’s stock, valued at approximately $11,371,631.20. This trade represents a 20.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.18% of the stock is owned by company insiders.

American Tower Company Profile

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 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.