American Tower (NYSE:AMT – Get Free Report)‘s stock had its “market outperform” rating restated by equities research analysts at Citizens Jmp in a report released on Wednesday,Benzinga reports. They currently have a $260.00 price target on the real estate investment trust’s stock. Citizens Jmp’s target price points to a potential upside of 46.31% from the company’s current price.
Other equities research analysts have also recently issued research reports about the company. Sanford C. Bernstein boosted their target price on American Tower from $205.00 to $207.00 and gave the company a “market perform” rating in a research note on Tuesday. New Street Research upgraded shares of American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price objective on the stock in a report on Monday, January 5th. Scotiabank cut their price objective on shares of American Tower from $220.00 to $214.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, February 25th. Raymond James Financial restated a “strong-buy” rating on shares of American Tower in a report on Wednesday. Finally, TD Cowen decreased their target price on shares of American Tower from $235.00 to $225.00 in a research report on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $217.43.
View Our Latest Analysis on AMT
American Tower Stock Down 0.4%
American Tower (NYSE:AMT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $1.25. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.65 billion. American Tower had a return on equity of 24.36% and a net margin of 23.76%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.75 earnings per share. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. On average, equities research analysts expect that American Tower will post 10.59 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Rajesh Kalathur acquired 2,671 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $185.30 per share, with a total value of $494,936.30. Following the transaction, the director directly owned 4,936 shares in the company, valued at approximately $914,640.80. The trade was a 117.92% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Eugene M. Noel sold 41,209 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $191.05, for a total transaction of $7,872,979.45. Following the transaction, the chief operating officer owned 29,592 shares in the company, valued at $5,653,551.60. This represents a 58.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is currently owned by insiders.
Hedge Funds Weigh In On American Tower
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in American Tower by 1.0% in the third quarter. Vanguard Group Inc. now owns 63,640,168 shares of the real estate investment trust’s stock valued at $12,239,277,000 after buying an additional 611,801 shares during the period. J. Stern & Co. LLP boosted its stake in shares of American Tower by 28,121.1% during the 4th quarter. J. Stern & Co. LLP now owns 37,686,978 shares of the real estate investment trust’s stock worth $6,616,703,000 after acquiring an additional 37,553,436 shares during the period. State Street Corp increased its holdings in shares of American Tower by 0.3% during the 4th quarter. State Street Corp now owns 20,987,534 shares of the real estate investment trust’s stock worth $3,719,634,000 after acquiring an additional 71,605 shares during the last quarter. Geode Capital Management LLC raised its stake in American Tower by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 13,499,035 shares of the real estate investment trust’s stock valued at $2,361,675,000 after acquiring an additional 227,361 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in American Tower by 20,721.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,712,672 shares of the real estate investment trust’s stock valued at $1,705,254,000 after acquiring an additional 9,666,025 shares during the period. Institutional investors own 92.69% of the company’s stock.
More American Tower News
Here are the key news stories impacting American Tower this week:
- Positive Sentiment: Q1 results beat and company outlook raised — AMT reported FFO of $2.84/share and revenue above estimates, and it raised full?year EPS guidance to $10.90–$11.07 (above consensus), supporting the growth thesis tied to mobile data, cloud adoption and AI workloads. American Tower Corporation Reports First Quarter 2026 Financial Results
- Positive Sentiment: FFO and property revenue beat consensus — multiple outlets note FFO topped estimates (~13.6% above expectations), which drove management to lift 2026 outlook midpoints. That strengthens cash?flow visibility for this REIT. AMT Q1 FFO Beats Estimates on Higher Property Revenues
- Positive Sentiment: Data?center traction / CoreSite expansion — CoreSite (an AMT company) launched 100Gbps EVCs, signaling product upgrades and ARPU/lease?up potential in interconnection and cloud connectivity services. This is a structural growth tailwind. CoreSite Launches 100G Ethernet Virtual Circuits on Open Cloud Exchange® Interconnection Platform
- Neutral Sentiment: Bernstein raised its price target to $207 but kept a Market Perform rating — modestly higher PT signals some upside from current levels, but the unchanged rating suggests limited conviction. Bernstein Adjusts Price Target on American Tower to $207 From $205; Maintains Market Perform Rating
- Neutral Sentiment: Mixed broker views — Barclays recently trimmed its recommendation/target (~$195) and other firms offer differing takes; the street is split between the structural growth story and near?term margin/regional pressures. Barclays, Mizuho Offer Mixed Views on American Tower (AMT)
- Negative Sentiment: Sentiment/downgrade commentary weighing on the name — at least one commentary piece argues there’s “nothing to wake the stock up,” highlighting limited catalysts beyond steady infrastructure demand and suggesting investor patience may be required. Such narrative pressure can cap short?term gains. American Tower: There’s Nothing To Wake The Stock Up (Rating Downgrade)
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.
Further Reading
Receive News & Ratings for American Tower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Tower and related companies with MarketBeat.com's FREE daily email newsletter.
