American Tower Corporation

AMT · NYSE

Market closed$170.06$1.14 (+0.67%)After hours $170.00 · -0.04%

Key statistics

Previous close$168.92
Open$171.94
Day high$172.65
Day low$168.91
52-week high$234.33
52-week low$160.06
Market cap79.23B
Volume1.98M
Average volume3.19M
P/E ratio18.96
Forward P/E
EPS8.97
Dividend yield+4.10%

Market context

Why it moved

American Tower's stock edged higher, buoyed by strong quarterly results that beat earnings and revenue estimates, a bullish analyst consensus with significant upside to price targets, and positive sentiment around the company's 5G infrastructure growth and data center expansion initiatives.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026American Tower edged higher Friday, outperforming a broadly weak market weighed down by escalating U.S.-Iran tensions and a tech-led selloff. The cell tower REIT benefited from its defensive, rate-sensitive characteristics as investors rotated away from AI-linked semiconductor and tech names. Investor focus is also building ahead of AMT's Q2 earnings report on July 28, where analysts expect FFO of $2.65/share; the company has beaten estimates in each of its last four quarters, including a strong Q1 beat of $2.84 vs. $1.60 expected. Analyst consensus remains Moderate Buy with a $215.57 average price target, implying ~27% upside from current levels.

0.6749

July 17, 2026American Tower closed essentially flat, edging up marginally, as the real estate sector REIT (XLRE) held near its 52-week high and broader markets saw tech-led selling pressure. Investor attention is focused on AMT's upcoming Q2 earnings report on July 28, with analysts expecting FFO of $2.65/share and the company carrying strong momentum from its Q1 beat. The analyst community remains broadly constructive — 17 Buy/Strong Buy ratings vs. 4 Holds — with a consensus target of ~$215, implying significant upside from current levels near $169. A fresh Wolfe Research upgrade to Outperform (July 8) and Goldman Sachs initiating with a Buy ($215 target) in late June reinforce the bullish tilt, even as the stock trades well below its 52-week high of $234.

0.172

July 16, 2026American Tower closed essentially flat as investors look ahead to its Q2 2026 earnings report due July 28, with analysts expecting FFO of $2.65 per share. Jefferies trimmed its price target to $201 from $210 while maintaining a Buy rating, though the broader analyst consensus remains constructive at a 'Moderate Buy' with an average target of ~$215, implying over 26% upside from current levels. The stock continues to trade well below its 50-day ($178) and 200-day ($179) moving averages, reflecting pressure from the higher-rate environment, even as the company's strong Q1 beat and 4.2% dividend yield underpin income-oriented investor interest.

-0.1185

July 15, 2026American Tower closed modestly lower as the broader real estate sector faced mild pressure, with the XLRE sector ETF also finishing the session slightly off its highs. Investors are focused on the company's upcoming Q2 earnings report on July 28, with analysts forecasting FFO of $2.65 per share — continuing a streak of four consecutive beats. The stock trades well below analyst consensus targets near $214-$216, with RBC having upgraded shares to Outperform with a $205 target, underscoring the significant gap between current prices and Wall Street's view of fair value. A $1.79 quarterly dividend was paid July 13, reflecting a ~4.2% annualized yield.

-0.3953

July 14, 2026American Tower Corporation edged modestly higher on Monday, outperforming a broader market that declined amid renewed U.S.-Iran tensions and surging oil prices. The relative resilience of this tower REIT came on the same day investors received their $1.79 quarterly dividend — an annualized yield of ~4.2% — reinforcing the income appeal of the stock. Sentiment remains underpinned by a strong Q1 beat ($2.84 EPS vs. $1.60 consensus), raised FY2026 guidance of $10.90–$11.07 EPS, and a consensus Moderate Buy rating with an average analyst price target of $215.57, well above current levels.

0.5398

July 11, 2026American Tower rose over 2% to close at $168.59, outperforming the broader real estate sector (XLRE) on a day when the S&P 500 edged near 52-week highs. The gain comes amid growing institutional accumulation — multiple funds raised stakes in Q1 — and renewed analyst optimism, with Goldman Sachs recently initiating with a Buy and Wolfe Research upgrading to Outperform with a $188 target. Investors also continue to focus on AMT's strong Q1 beat (EPS of $2.84 vs. $1.60 estimate) and an upcoming $1.79/share dividend payable July 13, with Morningstar flagging wireless tower REITs as attractively valued at current levels.

2.1758

July 10, 2026American Tower closed essentially flat amid a broader macro backdrop clouded by renewed U.S.-Iran tensions and rising oil prices, which rattled rate-sensitive REITs by reviving inflation and interest rate concerns. Wolfe Research upgraded the stock to Outperform with a $188 price target, adding to a broadly constructive analyst consensus of 'Moderate Buy' and an average target near $216. Investors are also eyeing the company's Q1 earnings beat — $2.84 EPS vs. $1.60 expected — strong AI-linked data center demand through subsidiary CoreSite, and an upcoming $1.79 quarterly dividend payable July 13.

-0.0242

July 9, 2026American Tower closed essentially flat amid a broader risk-off session driven by escalating U.S.-Iran tensions, which sent oil prices surging over 5% and pushed Treasury yields higher — a headwind for rate-sensitive REITs. The real estate sector ETF (XLRE) also closed lower, though AMT showed relative resilience. Investor attention remains on the upcoming $1.79 quarterly dividend payable July 13, strong Q1 results that beat EPS estimates by $1.24, and CoreSite's newly released 2026 State of the Data Center Report highlighting surging demand for hybrid IT infrastructure — a tailwind for AMT's data center subsidiary. Analysts maintain a consensus "Moderate Buy" with an average price target of $216.95.

-0.1271

Simply Wall Street · July 16, 2026Is American Tower (AMT) A Bargain Following Goldman Sachs Coverage And EchoStar Clarity?Simply Wall Street · July 14, 2026American Tower (AMT) Stock May Be 40% Undervalued Following Hybrid IT Demand NewsBusiness Wire · May 27, 2026American Tower to Present at Nareit’s REITweek: 2026 Investor ConferenceBusiness Wire · April 28, 2026American Tower Corporation Reports First Quarter 2026 Financial Results
Mt Newswire · July 15, 2026Jefferies Adjusts American Tower Price Target to $201 From $210, Maintains Buy Rating
Benzinga · July 9, 2026Wolfe Research Upgrades American Tower to Outperform, Announces $188 Price Target
Mt Newswire · June 26, 2026American Tower Set to Outpace Competitors' Revenue Growth, RBC Says
Benzinga · June 26, 2026Goldman Sachs Assumes American Tower at Buy, Announces Price Target of $215
Mt Newswire · June 26, 2026American Tower Set for Strongest US Net Organic Growth Among Peers, RBC Says
Benzinga · June 26, 2026RBC Capital Upgrades American Tower to Outperform, Raises Price Target to $205
Mt Newswire · June 26, 2026RBC Upgrades American Tower to Outperform From Sector Perform, Lifts Price Target to $205 From $195
Mt Newswire · June 5, 2026American Tower Ends Strategic Collocation Deal With DISH Wireless

Peers