American Tower (NYSE:AMT) Releases Earnings Results, Beats Expectations By $0.09 EPS

American Tower (NYSE:AMT) released its quarterly earnings data on Tuesday. The real estate investment trust reported $2.63 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.09, Zacks reports. American Tower had a net margin of 28.11% and a return on equity of 28.79%. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.69 billion. During the same quarter last year, the firm earned $2.62 EPS. American Tower’s quarterly revenue was up 7.5% compared to the same quarter last year. American Tower updated its FY 2026 guidance to 10.780-10.950 EPS.

American Tower Price Performance

Shares of NYSE AMT opened at $190.04 on Tuesday. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.89 and a quick ratio of 0.89. The business has a 50-day moving average of $178.21 and a 200-day moving average of $185.91. The stock has a market capitalization of $88.97 billion, a price-to-earnings ratio of 30.36, a PEG ratio of 0.78 and a beta of 0.93. American Tower has a fifty-two week low of $166.88 and a fifty-two week high of $234.33.

American Tower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, December 29th were paid a $1.70 dividend. This represents a $6.80 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, December 29th. American Tower’s payout ratio is presently 108.63%.

Analyst Upgrades and Downgrades

AMT has been the topic of several analyst reports. Jefferies Financial Group cut their target price on shares of American Tower from $226.00 to $202.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. Raymond James Financial dropped their price objective on American Tower from $231.00 to $229.00 and set a “strong-buy” rating on the stock in a research note on Friday, January 23rd. TD Cowen decreased their target price on American Tower from $249.00 to $235.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Royal Bank Of Canada lowered their price target on American Tower from $220.00 to $195.00 and set a “sector perform” rating for the company in a report on Monday, January 12th. Finally, BMO Capital Markets cut American Tower from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $210.00 to $185.00 in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $218.79.

Key Headlines Impacting American Tower

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

• Positive Sentiment: Management raised FY?2026 EPS guidance to $10.780–$10.950 vs. Street consensus of $8.390 — a sizeable upside to estimates that is driving investor optimism.
• Positive Sentiment: Q4 results beat expectations: EPS $2.63 vs. $2.54 consensus and revenue $2.74B vs. $2.69B consensus, signaling stronger cash generation and margin performance. Press Release
• Positive Sentiment: Company commentary and reporting point to robust leasing activity from wireless carriers and continued momentum in data?center demand (key growth drivers for towers and colocation). American Tower posts upbeat revenue
• Neutral Sentiment: BusinessWire / earnings release highlights high?single?digit AFFO per share growth and execution on strategy — confirms fundamentals but is largely a restatement of results already priced in. BusinessWire Earnings Release
• Neutral Sentiment: Brokerage consensus remains constructive (moderate buy), supporting longer?term investor interest but not an immediate catalyst. Brokerage Consensus
• Negative Sentiment: Reports flag a disclosed DISH default issue — this represents a potential near?term revenue/collection risk on tenant leases and is a key watch item for downside risk. DISH default disclosure

Insider Buying and Selling

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the firm’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 value of $159,631,314.75. Following the completion of the transaction, the insider directly owned 211,379 shares in the company, valued at $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.18% of the company’s stock.

Hedge Funds Weigh In On American Tower

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Swiss RE Ltd. bought a new stake in American Tower during the fourth quarter worth $25,000. Triumph Capital Management acquired a new position in shares of American Tower during the 3rd quarter worth about $29,000. Acumen Wealth Advisors LLC bought a new stake in shares of American Tower in the 4th quarter valued at about $29,000. Measured Wealth Private Client Group LLC acquired a new stake in American Tower in the 3rd quarter valued at about $35,000. Finally, Kemnay Advisory Services Inc. bought a new position in American Tower during the fourth quarter worth about $33,000. 92.69% of the stock is owned by institutional investors.

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.