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AMT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
181.897
Open
181.640
VWAP
177.65
Vol
4.45M
Mkt Cap
82.42B
Low
175.000
Amount
791.09M
EV/EBITDA(TTM)
18.37
Total Shares
468.15M
EV
126.71B
EV/OCF(TTM)
22.75
P/S(TTM)
7.84
American Tower Corporation is a global real estate investment trust (REIT) and an independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of United States data center facilities. The Company's segments include U.S. & Canada property, Africa & APAC property, Europe property, Latin America property, Data Centers and Services. Its primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. The Company's Data Centers segment relates to data center facilities and related assets that it owns and operates in the United States. Its Services segment offers tower-related services in the United States, including AZP, structural and mount analyses, and construction management services.
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Events Timeline

(ET)
2026-06-04
16:50:00
American Tower Terminates Strategic Agreement with DISH
select
2026-04-28 (ET)
2026-04-28
07:20:00
Sees FY26 Revenue of $10.585B-$10.735B
select

News

Fool
8.5
06-12Fool
Investment Choices in Telecommunications Infrastructure Amid 5G Expansion
  • American Tower's Global Footprint: American Tower manages nearly 150,000 communication sites across over 20 countries, with FY 2025 revenue of approximately $10.6 billion, reflecting a 5.1% year-over-year growth that underscores its significance and stability in global telecommunications infrastructure.
  • Crown Castle's Domestic Focus: Crown Castle operates approximately 40,000 cell towers in the U.S., generating nearly $4.3 billion in revenue for FY 2025, despite a 35.1% year-over-year decline, yet it reported a net income of $444 million, indicating potential in the domestic 5G market.
  • Risk Concentration Analysis: Both American Tower and Crown Castle face customer concentration risks, with major clients contributing over 10% of revenue for American Tower and three largest clients accounting for 90% of Crown Castle's revenue, making both companies vulnerable to market fluctuations.
  • Financial Health Comparison: American Tower's debt-to-equity ratio stands at 12.3x, indicating financial leverage, while Crown Castle's ratio is -18.1x, suggesting tight liquidity, prompting investors to carefully assess each company's financial health.
NASDAQ.COM
8.5
06-12NASDAQ.COM
Investment Comparison: American Tower vs. Crown Castle
  • Revenue and Growth: American Tower reported approximately $10.6 billion in revenue for FY 2025, reflecting a 5.1% increase, which underscores its stability in the global telecommunications infrastructure despite facing customer concentration risks.
  • Customer Dependency Risks: Major clients for American Tower include T-Mobile (18%), AT&T (17%), Verizon Wireless (14%), and Telefónica (10%), leading to a high reliance on a few carriers, which increases business risk.
  • Crown Castle's Financial Position: Crown Castle's revenue for FY 2025 was nearly $4.3 billion, down 35.1% from the previous year, yet it reported a net income of approximately $444 million, indicating recovery potential after significant strategic adjustments.
  • Market Competition and Risks: Both companies face competition from other tower owners and emerging technologies, particularly Crown Castle's challenges in the rollout of 5G, which may impact their future market share and profitability.
Yahoo Finance
8.5
06-12Yahoo Finance
Investment Comparison: American Tower vs. Crown Castle
  • Global Footprint of American Tower: American Tower manages nearly 150,000 communication sites across over 20 countries, achieving approximately $10.6 billion in revenue for FY 2025, reflecting a 5.1% year-over-year growth that underscores its stability and the advantages of long-term lease contracts in the wireless infrastructure sector.
  • Domestic Focus of Crown Castle: Crown Castle operates approximately 40,000 cell towers in the U.S., with FY 2025 revenue nearing $4.3 billion, despite a 35.1% decline from the previous year, it reported a net income of about $444 million, indicating its potential recovery in the domestic 5G market.
  • Risk Concentration Analysis: Both American Tower and Crown Castle exhibit high revenue dependence on major clients like T-Mobile, AT&T, and Verizon, with American Tower facing significant risks from customer concentration, while Crown Castle's 90% revenue reliance on these three carriers highlights a similar vulnerability.
  • Financial Health Comparison: As of December 2025, American Tower's debt-to-equity ratio stood at 12.3x with a current ratio of 0.6x, indicating short-term liability pressure, whereas Crown Castle's debt-to-equity ratio was -18.1x with a current ratio of 0.3x, reflecting tight liquidity and challenges from ongoing legal disputes.
seekingalpha
7.0
06-04seekingalpha
American Tower Terminates Agreement with Dish Wireless
  • Agreement Termination: American Tower announced the termination of its strategic collocation agreement with Dish Wireless effective June 2, 2026, following Dish's default on payments, highlighting Dish's instability in financial management.
  • Financial Impact: Despite the termination, American Tower does not expect any impact on its financial results for 2026, indicating resilience in its business model and effective diversification of revenue sources.
  • Revenue Reflection: Beginning January 1, 2026, 100% of Dish's revenue will be reflected as churn, exacerbating Dish's financial pressures and potentially affecting its future market competitiveness.
  • Legal Action: American Tower stated it will continue litigation against Dish regarding its obligations under the agreement, which may expose Dish to greater legal and financial risks.
seekingalpha
8.5
05-25seekingalpha
Most Attractive REIT Stocks for Investors Right Now
  • Healthcare REIT Picks: Albert Anthony highlights Healthpeak Properties (DOC), which has risen nearly 4% since his Buy rating last October, showcasing strong lease and FFO growth driven by aging demographics and regional demand trends.
  • Industrial REIT Performance: LXP Industrial Trust (LXP) has increased approximately 13% since March 2025, emphasizing its critical role in providing warehouse space in the U.S. Sunbelt, attracting major tenants like Amazon and Walmart, thus underscoring the importance of industrial REITs in global supply chains.
  • Mortgage REIT Investment: Dynex Capital (DX) has surged nearly 12% since April 2025, with significant exposure to agency-backed mortgage securities appealing to risk-averse investors, highlighting the essential role of mortgage REITs in providing liquidity to the commercial real estate market.
  • Long-Term Investment Opportunities: Cash Builder Opportunities notes that despite rising rate pressures on the REIT sector, current low valuations and high dividend yields, such as NNN REIT's 5.5%, present attractive options for long-term investors, with expectations for continued AFFO growth.
seekingalpha
8.0
05-22seekingalpha
American Tower Declares Quarterly Dividend of $1.79 per Share
  • Quarterly Dividend Announcement: American Tower has declared a quarterly dividend of $1.79 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more income-focused investors.
  • Dividend Yield: The forward yield of 3.94% reflects the company's attractiveness in the current market environment, potentially increasing investor interest in its stock, especially amid rising interest rates.
  • Shareholder Record Date: The dividend is payable on July 13, with a record date of June 12 and an ex-dividend date also on June 12, providing investors with a clear timeline for their investment decisions.
  • Market Performance Analysis: Despite robust fundamentals in the 5G and data center sectors, American Tower's stock has shown mixed optics in the market, indicating varying perceptions of REIT stocks, which may impact investor confidence.
Wall Street analysts forecast AMT stock price to rise
11 Analyst Rating
Wall Street analysts forecast AMT stock price to rise
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
185.00
Averages
211.45
High
254.00
Current: 0.000
sliders
Low
185.00
Averages
211.45
High
254.00
Bernstein
Market Perform
to
Outperform
upgrade
$207
AI Analysis
2026-05-19
Reason
Bernstein
Price Target
$207
AI Analysis
2026-05-19
upgrade
Market Perform
to
Outperform
Reason
Bernstein upgraded American Tower to Outperform from Market Perform with an unchanged price target of $207. The firm believes the market is overstating American Tower's risk while undervaluing its potential upside. With the stock at a five year low multiple, "this is the moment" to buy the shares, the analyst tells investors in a research note. Bernstein discusses the satellite risk surrounding American Tower. In order to compete with terrestrial wireless solutions, direct-to-device satellite plans will require either a low-band terrestrial deployment or a mobile virtual network operator partnership to make them truly competitive for nationwide wireless, Bernstein argues. Either of these scenarios is positive for tower companies, the firm contends.
Truist
Matthew Niknam
Buy
maintain
$205 -> $208
2026-04-30
Reason
Truist
Matthew Niknam
Price Target
$205 -> $208
2026-04-30
maintain
Buy
Reason
Truist analyst Matthew Niknam raised the firm's price target on American Tower to $208 from $205 and keeps a Buy rating on the shares after its Q1 earnings beat. The company is in a solid position with positive inflections as it is exiting the year, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for AMT
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Valuation Metrics

The current forward P/E ratio for American Tower Corp (AMT.N) is 27.47, compared to its 5-year average forward P/E of 39.34. For a more detailed relative valuation and DCF analysis to assess American Tower Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
39.34
Current PE
27.47
Overvalued PE
50.68
Undervalued PE
28.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
21.69
Current EV/EBITDA
17.34
Overvalued EV/EBITDA
24.50
Undervalued EV/EBITDA
18.89

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
9.32
Current PS
7.27
Overvalued PS
11.01
Undervalued PS
7.63

Financials

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Whales Holding AMT

T
TPG Capital, L.P.
Holding
AMT
+27.68%
3M Return
P
Partners Group Holding AG
Holding
AMT
+26.41%
3M Return
L
Leap Investments LP
Holding
AMT
+22.20%
3M Return
S
Sanlam Investments Uk Limited
Holding
AMT
+22.14%
3M Return
A
Alkeon Capital Management, LLC
Holding
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Alpha Cubed Investments, LLC
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Frequently Asked Questions

What is American Tower Corp (AMT) stock price today?

The current price of AMT is 176.05 USD — it has decreased -2.78

What is American Tower Corp (AMT)'s business?

American Tower Corporation is a global real estate investment trust (REIT) and an independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of United States data center facilities. The Company's segments include U.S. & Canada property, Africa & APAC property, Europe property, Latin America property, Data Centers and Services. Its primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. The Company's Data Centers segment relates to data center facilities and related assets that it owns and operates in the United States. Its Services segment offers tower-related services in the United States, including AZP, structural and mount analyses, and construction management services.

What is the price predicton of AMT Stock?

Wall Street analysts forecast AMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMT is211.45 USD with a low forecast of 185.00 USD and a high forecast of 254.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is American Tower Corp (AMT)'s revenue for the last quarter?

American Tower Corp revenue for the last quarter amounts to 2.74B USD, increased 6.82

What is American Tower Corp (AMT)'s earnings per share (EPS) for the last quarter?

American Tower Corp. EPS for the last quarter amounts to 1.84 USD, increased 76.92

How many employees does American Tower Corp (AMT). have?

American Tower Corp (AMT) has 4866 emplpoyees as of June 19 2026.

What is American Tower Corp (AMT) market cap?

Today AMT has the market capitalization of 82.42B USD.