American Tower (NYSE:AMT) Updates FY 2026 Earnings Guidance

American Tower (NYSE:AMT) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 10.780-10.950 for the period, compared to the consensus earnings per share estimate of 8.390. The company issued revenue guidance of -.

American Tower Price Performance

Shares of AMT traded down $2.55 during midday trading on Wednesday, hitting $187.64. 359,878 shares of the company traded hands, compared to its average volume of 3,133,069. The stock has a market cap of $87.85 billion, a price-to-earnings ratio of 29.95, a PEG ratio of 0.79 and a beta of 0.93. The firm has a 50 day moving average of $178.43 and a 200-day moving average of $185.79. The company has a debt-to-equity ratio of 3.24, a quick ratio of 0.89 and a current ratio of 0.89. American Tower has a 52 week low of $166.88 and a 52 week high of $234.33.

American Tower (NYSE:AMT) last issued its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.54 by ($0.79). American Tower had a return on equity of 28.79% and a net margin of 28.11%.The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.69 billion. During the same period last year, the firm posted $2.62 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. On average, analysts forecast that American Tower will post 10.14 EPS for the current fiscal year.

American Tower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, December 29th were given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, December 29th. American Tower’s dividend payout ratio is currently 108.63%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AMT. The Goldman Sachs Group reduced their price target on shares of American Tower from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. Mizuho dropped their price objective on shares of American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Argus set a $210.00 target price on shares of American Tower in a report on Thursday, October 30th. New Street Research raised shares of American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price target for the company in a report on Monday, January 5th. Finally, UBS Group reduced their price objective on American Tower from $260.00 to $254.00 and set a “buy” rating on the stock in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $218.26.

Insider Activity

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the transaction, the insider owned 211,379 shares in the company, valued at $14,743,685.25. The trade was a 91.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.18% of the stock is owned by company insiders.

Trending Headlines about American Tower

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: Q4 results beat key operating/FFO metrics: AFFO/FFO came in stronger than consensus and revenue rose ~7.5% y/y, supporting the company’s cash‑flow outlook. American Tower’s Q4 AFFO & Revenues Beat Estimates, Rise Y/Y
• Positive Sentiment: Data‑center expansion and robust leasing demand across towers were highlighted by management as durable growth drivers, helping offset other pressures. American Tower posts upbeat revenue on strong leasing activity amid 5G, data-center growth
• Positive Sentiment: Management set FY‑2026 EPS guidance of $10.78–$10.95, a range above many prior consensus expectations — a forward signal of confidence in AFFO trajectory. American Tower Corporation Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: The earnings presentation and call transcript provide more detail on regional performance, portfolio activity and capital allocation for investors doing deeper diligence. American Tower Corporation (AMT) Q4 2025 Earnings Call Transcript
• Negative Sentiment: DISH Network has defaulted on lease payments to AMT; the company is pursuing legal remedies and has updated its 2026 outlook to reflect the lost DISH lease revenue, creating a near‑term earnings/visibility risk in the U.S. tower business. American Tower Weighs DISH Default Against Data Center Growth And Valuation
• Negative Sentiment: Some coverage framed the FY‑2026 outlook as conservative and noted management is pushing cost efficiencies to bridge near‑term gaps — signaling investor concern about near‑term growth versus long‑term strategy. American Tower issues light 2026 guidance amid cost efficiency push; Q4 earnings beat

Institutional Trading of American Tower

Several institutional investors and hedge funds have recently modified their holdings of the stock. Swiss RE Ltd. bought a new position in shares of American Tower in the 4th quarter worth $25,000. Acumen Wealth Advisors LLC bought a new position in American Tower in the fourth quarter worth about $29,000. Triumph Capital Management purchased a new stake in shares of American Tower during the third quarter valued at about $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of American Tower during the fourth quarter valued at about $33,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of American Tower in the 3rd quarter valued at about $35,000. Institutional investors own 92.69% of the company’s stock.

About American Tower

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.