Inside the research

American Tower Corporation

AMT Research profile · latest available data

Price overview

$169.03

▲ +1.77 (+1.1%)

52w hi$192.28
52w lo$162.11
Vol2.05M
As of25 Sep 2026

The Verdict

Hold

Our score -0.09

Short-0.00
Medium-0.17
Long-0.12

computed 2026-09-27

Key fundamentals

American Tower Corporation

Real Estate · REIT - Specialty

Market cap$78.76B
Enterprise value$128.51B
Trailing P/E23.25x
Forward P/E24.11x
EV / EBITDA18.24x
P / S (ttm)7.20x
Profit margin31.1%
Return on equity33.9%
Revenue growth+4.7%
Earnings growth+138.5%
Debt / equity438.72

Layer Breakdown

LayerRawContribution
Fundamental+0.23
Sector-0.04
Technical-0.06
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

American Tower Corporation one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.

United States · www.americantower.com

Risk Metrics

Beta vs SPX-0.02
Corr SPX-0.01
Annual vol26.4%
Annual ret-13.0%
Sharpe-0.49
Max DD-31.4%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$216.14
High / Low$260.00 / $195.00
Median$210.00
Analysts22
Strong Buy5
Buy13
Hold7
Sell0
Strong Sell0

Recent rating actions

2026-04-30Truist Securities→ Buy
2026-04-30RBC Capital→ Sector Perform
2026-04-29Scotiabank→ Sector Outperform
2026-04-29JP Morgan→ Overweight
2026-04-29Citizens→ Market Outperform
2026-04-16Barclays→ Equal-Weight

Material Events

DateEvent8-K
2026-07-28Earnings Release, Exhibitsread
2026-06-04Other Material Eventread
2026-06-02Other Material Eventread
2026-05-27Material Agreement, Material Obligation…read
2026-05-21Officer / Director Change, Shareholder Vote…read
2026-05-19Other Material Event, Exhibitsread
2026-05-07Material Agreement, Material Obligationread
2026-04-28Earnings Release, Exhibitsread
2026-03-10Officer / Director Changeread
2026-03-05Other Material Event, Exhibitsread
2026-02-27Officer / Director Changeread
2026-02-24Earnings Release, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-29Meyer Robert JosephSVP & Advisor to the CFOSell5.00K$894.45K
2026-07-29Dowling Ruth TEVP, Chief Admin Ofr, GC Sell1.11K$193.51K
2026-07-28Dowling Ruth TEVP, Chief Admin Ofr, GC Sell685$116.13K
2026-06-01Meyer Robert JosephSVP & Advisor to the CFOWithheld for tax153$28.69K
2026-05-28REEVE PAMELA D AGift810—
2026-04-29Dowling Ruth TEVP, Chief Admin Ofr, GC Sell416$73.86K
2026-04-28Dowling Ruth TEVP, Chief Admin Ofr, GC Sell556$99.23K
2026-03-11Noel Eugene MEVP & Chief Operating OffWithheld for tax719$131.47K
2026-03-11Vondran Steven OPresident and CEOWithheld for tax2.16K$394.59K
2026-03-11Rossi Richard CEVP & President, U.S. TowWithheld for tax684$125.07K

Flow & Concentration

Insider 180d net-$1.38M
Insider buys / sells0 / 5
Insider biasNeutral
13F holders0
Top-5 share0.0%
HHI0 (—)

Dividends

Yield (TTM)3.07%
$ / share (TTM)$5.19
5y CAGR+8.5%

Annual dividend per share

2021$5.21
2022$5.86
2023$6.45
2024$6.48
2025$6.80
2026$1.79

SEC Filings

DateFormDoc
2026-07-314view
2026-07-304view
2026-07-288-Kview
2026-07-2810-Qview
2026-06-048-Kview
2026-06-034view
2026-06-028-Kview
2026-06-014view
2026-05-278-Kview
2026-05-218-Kview
2026-05-20424B2view
2026-05-204view
2026-05-198-Kview
2026-05-19424B5view
2026-05-078-Kview

The Long Run

FY 2009–2025 · 15 years

LineLatestCAGRTrend
Revenue$747.30M-4.7%
Operating income$3.13B+16.3%
Net income$1.24B+40.9%
Cash from ops$4.72B+21.2%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$166.95$169.20$166.42$169.032.05M
Sep 24$170.78$171.09$166.54$167.263.22M
Sep 23$174.57$175.97$170.46$170.783.02M
Sep 22$174.30$177.08$172.84$175.253.83M
Sep 21$173.83$175.46$173.11$174.603.57M

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →