American Tower (NYSE:AMT) Issues FY 2025 Earnings Guidance

American Tower (NYSE:AMT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 10.310-10.500 for the period, compared to the consensus earnings per share estimate of 10.460. The company issued revenue guidance of -. American Tower also updated its FY25 guidance to $10.31 to $10.50 EPS.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Citigroup reduced their price target on American Tower from $255.00 to $220.00 and set a “buy” rating for the company in a report on Friday, February 14th. Scotiabank dropped their price objective on American Tower from $236.00 to $220.00 and set a “sector outperform” rating on the stock in a research note on Thursday, January 23rd. StockNews.com downgraded shares of American Tower from a “buy” rating to a “hold” rating in a report on Wednesday, October 30th. Mizuho cut their price objective on shares of American Tower from $221.00 to $204.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group decreased their target price on American Tower from $260.00 to $234.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $227.00.

American Tower Stock Down 0.4 %

Shares of NYSE:AMT traded down $0.80 during trading on Wednesday, hitting $202.95. 198,385 shares of the company were exchanged, compared to its average volume of 2,211,228. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 3.27. The firm has a fifty day moving average price of $185.84 and a two-hundred day moving average price of $207.01. The stock has a market cap of $94.84 billion, a price-to-earnings ratio of 85.65, a P/E/G ratio of 1.29 and a beta of 0.84. American Tower has a fifty-two week low of $170.46 and a fifty-two week high of $243.56.

American Tower (NYSE:AMT) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $2.62 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $0.83. American Tower had a net margin of 10.05% and a return on equity of 22.01%. The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the previous year, the business posted $2.29 earnings per share. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. As a group, research analysts anticipate that American Tower will post 10.14 earnings per share for the current fiscal year.

American Tower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, December 27th were issued a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date of this dividend was Friday, December 27th. American Tower’s dividend payout ratio is 273.42%.

Insider Activity

In related news, CFO Rodney M. Smith sold 16,567 shares of American Tower stock in a transaction that occurred 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 $11,371,631.20. This trade represents a 20.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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.