American Tower Corporation (NYSE:AMT) Receives $216.76 Consensus Price Target from Brokerages

American Tower Corporation (NYSE:AMT) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-one research firms that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $217.3333.

A number of research firms have weighed in on AMT. The Goldman Sachs Group reduced their target price on American Tower from $230.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, January 16th. New Street Research upgraded American Tower from a “neutral” rating to a “buy” rating and set a $203.00 target price for the company in a research note on Monday, January 5th. UBS Group dropped their price target on American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Mizuho upgraded American Tower from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $189.00 to $205.00 in a report on Wednesday. Finally, Jefferies Financial Group raised their price objective on American Tower from $209.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday.

Insider Activity

In related news, Director Rajesh Kalathur acquired 2,671 shares of American Tower stock in a transaction that occurred on 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. This represents a 117.92% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Eugene M. Noel sold 41,209 shares of American Tower 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 completion of the transaction, the chief operating officer directly owned 29,592 shares of the company’s stock, valued at $5,653,551.60. This trade represents a 58.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.17% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Abound Wealth Management boosted its position in shares of American Tower by 137.3% during the third quarter. Abound Wealth Management now owns 140 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 81 shares during the last quarter. Oakworth Capital Inc. boosted its holdings in shares of American Tower by 90.7% during the 4th quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 68 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of American Tower in the fourth quarter worth approximately $25,000. Swiss RE Ltd. purchased a new position in shares of American Tower during the fourth quarter valued at approximately $25,000. Finally, Triumph Capital Management purchased a new position in shares of American Tower during the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 92.69% of the company’s stock.

American Tower News Summary

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

• Positive Sentiment: Mizuho upgraded AMT from Neutral to Outperform and raised its price target to $205, citing that CoreSite’s data?center contribution and stronger 5G leasing demand make the company’s mix of tower and data?center earnings undervalued — this upgrade is the primary catalyst for buying interest today. American Tower’s Valuation After Upgrade Highlighting CoreSite Growth And 5G Leasing Demand
• Positive Sentiment: Jefferies nudged its price target to $210 (maintaining a Buy), giving additional analyst support and signaling incremental upside versus current levels; that reinforces the positive narrative from Mizuho. Jefferies adjusts American Tower price target to 210
• Neutral Sentiment: American Tower recently declared a $1.79 quarterly cash distribution; the steady dividend supports the yield story but raises the usual investor question about balancing shareholder returns with capital needs for data?center and tower growth. Investors will watch upcoming quarter results for signs of free cash flow to sustain both growth and payouts. Does American Tower’s (AMT) New Dividend Payout Clarify Its Long?Term Capital Allocation Priorities?
• Negative Sentiment: Despite the upgrades, AMT has shown prolonged underperformance (multi?month and multi?quarter share declines) and earlier quarterly results included an EPS miss, which keeps some investors cautious about valuation and near?term earnings execution. That backdrop limits how much the stock may rally on upgrades alone. Mizuho Upgrades American Tower to Outperform: Will This Cell Tower Giant Finally Reclaim Its Crown?

American Tower Trading Up 0.8%

NYSE:AMT opened at $178.35 on Tuesday. The company has a 50-day moving average price of $181.11 and a 200-day moving average price of $180.77. The stock has a market cap of $83.13 billion, a price-to-earnings ratio of 33.09, a P/E/G ratio of 0.74 and a beta of 0.92. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 3.27. American Tower has a 12 month low of $165.08 and a 12 month high of $234.33.

American Tower (NYSE:AMT) last announced its quarterly 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 net margin of 23.76% and a return on equity of 24.36%. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.69 billion. During the same quarter in the prior 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 has set its FY 2026 guidance at 10.780-10.950 EPS. Equities analysts predict that American Tower will post 10.14 EPS for the current year.

American Tower Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th will be given a dividend of $1.79 per share. This is an increase from American Tower’s previous quarterly dividend of $1.70. The ex-dividend date of this dividend is Tuesday, April 14th. This represents a $7.16 dividend on an annualized basis and a yield of 4.0%. American Tower’s dividend payout ratio is 132.84%.

American Tower Company Profile

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.