American Tower (NYSE:AMT) Announces Earnings Results

American Tower (NYSE:AMT) issued its earnings results on Tuesday. The real estate investment trust reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.53, Zacks reports. American Tower had a return on equity of 22.01% and a net margin of 10.05%. American Tower updated its FY 2025 guidance to 10.310-10.500 EPS.

American Tower Stock Performance

NYSE AMT opened at $191.88 on Tuesday. American Tower has a 52-week low of $170.46 and a 52-week high of $243.56. The company has a fifty day moving average of $185.63 and a 200-day moving average of $207.14. The company has a market capitalization of $89.66 billion, a P/E ratio of 80.96, a P/E/G ratio of 1.29 and a beta of 0.84. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.69 and a current ratio of 0.69.

American Tower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, December 27th were issued a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date was Friday, December 27th. American Tower’s payout ratio is 273.42%.

Insider Activity at American Tower

In other American Tower news, CFO Rodney M. Smith sold 16,567 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $181.10, for a total value of $3,000,283.70. Following the completion of the sale, the chief financial officer now owns 62,792 shares of the company’s stock, valued at $11,371,631.20. This represents a 20.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.18% of the stock is owned by insiders.

Analyst Ratings Changes

AMT has been the topic of a number of research reports. Scotiabank lowered their price objective on American Tower from $236.00 to $220.00 and set a “sector outperform” rating on the stock in a research note on Thursday, January 23rd. Citizens Jmp raised shares of American Tower to a “strong-buy” rating in a research report on Monday, January 27th. Morgan Stanley cut their price objective on shares of American Tower from $219.00 to $213.00 and set an “equal weight” rating for the company in a report on Monday. BMO Capital Markets reduced their price objective on shares of American Tower from $255.00 to $245.00 and set an “outperform” rating for the company in a research note on Wednesday, October 30th. Finally, Mizuho cut their price target on American Tower from $221.00 to $204.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, American Tower has a consensus rating of “Moderate Buy” and a consensus target price of $227.00.

American Tower Company Profile

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.