American Tower Corporation (NYSE:AMT) Stock Has Average Price Target of $215.48 According to Analysts

American Tower Corporation (NYSE:AMT) has been assigned an average recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, seventeen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $215.48.

A number of equities research analysts recently weighed in on AMT shares. Truist Financial reissued a “buy” rating and set a $207.00 target price (down from $208.00) on shares of American Tower in a research report on Wednesday, August 12th. The Goldman Sachs Group set a $210.00 price target on American Tower in a report on Tuesday, July 28th. Barclays raised their price objective on American Tower from $198.00 to $199.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 30th. Wolfe Research upgraded American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 price objective for the company in a research report on Wednesday, July 8th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $214.00 price objective on shares of American Tower in a report on Wednesday, July 29th.

Key Stories Impacting American Tower

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

• Positive Sentiment: Investors also appeared to rotate back into beaten-down, rate-sensitive REITs as bond-yield pressure eased. American Tower’s recent rebound follows a selloff tied partly to higher interest rates and financing concerns. American Tower gains as investors appear to rotate back into a beaten-down rate-sensitive REIT
• Positive Sentiment: The fundamental backdrop remains supportive ahead of the October 27 third-quarter report. American Tower previously reported higher revenue, adjusted EBITDA and adjusted funds from operations, cited strong tower leasing demand and record CoreSite activity, and raised its 2026 AFFO-per-share outlook to approximately $11.00–$11.17.
• Neutral Sentiment: Analysts expect third-quarter FFO of about $2.78 per diluted share, roughly unchanged from the prior-year period. Investors will likely focus on leasing growth, CoreSite demand, AFFO, the balance sheet and management’s full-year outlook when results are released. What to Expect From American Tower’s Q3 2026 Earnings Report
• Neutral Sentiment: American Tower continues to be viewed as a relatively defensive communications-infrastructure REIT because mobile-data usage supports demand for tower space, although dividend safety and interest-rate sensitivity remain important considerations. Americans Cannot Stop Using Their Phones. These 3 REITs Collect the Rent
• Negative Sentiment: Recent insider activity has been mixed, with five reported sales versus one purchase over six months. This is a secondary signal, but it may temper enthusiasm alongside AMT’s substantial leverage and ongoing sensitivity to interest rates.

Insider Buying and Selling

In other American Tower news, EVP Ruth T. Dowling sold 1,106 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $174.96, for a total value of $193,505.76. Following the sale, the executive vice president owned 27,711 shares of the company’s stock, valued at $4,848,316.56. The trade was a 3.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Robert Joseph Meyer sold 5,000 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $178.89, for a total transaction of $894,450.00. Following the completion of the sale, the chief financial officer directly owned 21,428 shares in the company, valued at $3,833,254.92. This trade represents a 18.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,791 shares of company stock valued at $1,204,091 over the last ninety days. 0.08% of the stock is owned by company insiders.

Institutional Trading of American Tower

Several institutional investors have recently made changes to their positions in AMT. Valley Wealth Managers Inc. raised its holdings in shares of American Tower by 3.2% in the 3rd quarter. Valley Wealth Managers Inc. now owns 27,418 shares of the real estate investment trust’s stock worth $4,488,000 after buying an additional 842 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of American Tower by 14.5% during the 3rd quarter. Sound Income Strategies LLC now owns 118,811 shares of the real estate investment trust’s stock worth $19,809,000 after buying an additional 15,083 shares during the period. Bill Few Associates Inc. boosted its stake in American Tower by 5.3% in the 3rd quarter. Bill Few Associates Inc. now owns 22,439 shares of the real estate investment trust’s stock valued at $3,673,000 after buying an additional 1,125 shares in the last quarter. Bullock Wealth Management Group boosted its stake in American Tower by 4.8% in the 3rd quarter. Bullock Wealth Management Group now owns 2,375 shares of the real estate investment trust’s stock valued at $383,000 after buying an additional 109 shares in the last quarter. Finally, Riversedge Advisors LLC grew its position in American Tower by 107.1% in the third quarter. Riversedge Advisors LLC now owns 3,245 shares of the real estate investment trust’s stock valued at $531,000 after acquiring an additional 1,678 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.

American Tower Stock Performance

NYSE AMT opened at $182.24 on Tuesday. The company’s fifty day moving average is $172.62 and its two-hundred day moving average is $174.97. American Tower has a 52-week low of $160.06 and a 52-week high of $196.08. The company has a debt-to-equity ratio of 3.12, a current ratio of 0.52 and a quick ratio of 0.52. The firm has a market capitalization of $84.92 billion, a price-to-earnings ratio of 25.07, a P/E/G ratio of 2.93 and a beta of 0.88.

American Tower (NYSE:AMT) last announced its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $2.71 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $1.14. American Tower had a net margin of 31.08% and a return on equity of 32.76%. The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the prior year, the business earned $2.60 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. American Tower has set its FY 2026 guidance at 11.000-11.170 EPS. Equities research analysts forecast that American Tower will post 10.80 EPS for the current year.

American Tower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Wednesday, September 30th will be paid a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Wednesday, September 30th. American Tower’s dividend payout ratio is presently 98.49%.

American Tower Company Profile

American Tower Corporation (NYSE: AMT) is a global real estate investment trust that owns, operates and develops communications infrastructure. Its portfolio includes wireless and broadcast towers, rooftop sites, distributed antenna systems and other facilities that support wireless communications, television and radio broadcasting, government communications and other connectivity services.

The company leases space on its communications sites to wireless carriers, broadcasters, government agencies and other customers.