American Tower Corp AMT
Stock research in plain language · As of Oct 04, 2026 · updated once a week, after the trading week closes
What the company does
American Tower Corp is a large-cap company in the Real Estate sector (REIT - Specialty), with a market value of $75.6B, based in the USA.
It employs about 4,866 people and has been listed since Jun 05, 1998.
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.
Cheap or expensive? no comparison basis
Price-to-earnings (p/e): 22.3. We have no good comparison group for this stock, so the number stands alone.
Revenue is growing 5% versus the same quarter last year.
On analysts' next-year forecasts the multiple rises to 24.6 — they expect lower earnings.
The average analyst price target is 215.74, 33% above the current price (their view, not ours).
The stock sits at 11% of its one-year range (0% = the low, 100% = the high).
The risks
- ⚠️ Net debt is 11.6× shareholders' equity — high leverage.
Strengths
- ✅ Profitable — 32 of every 100 dollars of revenue stays as profit.
- ✅ Generates free cash flow — profit becomes cash in the bank.
- ✅ Most analysts rate it buy (22 vs 0).
- ✅ Pays a dividend (4.3% a year).
What changed this week
Over the past week the stock fell 3.0% (for comparison: S&P 500 -0.2%, sector ETF XLRE -1.8%).
This week's news
- 3 High Dividend REIT Stocks Back In Focus As Rate Cut Hopes Grow finance.yahoo.com · 2026-10-02
- American Tower (AMT) Declines More Than Market: Some Information for Investors finance.yahoo.com · 2026-09-30
- American Tower Plans Third Quarter 2026 Earnings Release and Conference Call finance.yahoo.com · 2026-09-29
A description of facts from the filings and the market — not investment advice or a recommendation. "Cheap" and "expensive" are always relative to the comparison group.