Wall Street analysts forecast that American Tower (AMT - Free Report) will report quarterly earnings of $2.71 per share in its upcoming release, pointing to a year-over-year increase of 4.2%. It is anticipated that revenues will amount to $2.71 billion, exhibiting an increase of 3.1% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific American Tower metrics that are routinely monitored and predicted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Total operating revenues- Data Centers' of $294.65 million. The estimate indicates a change of +12.5% from the prior-year quarter.
The average prediction of analysts places 'Total operating revenues- Services' at $64.88 million. The estimate indicates a change of -35.1% from the prior-year quarter.
Based on the collective assessment of analysts, 'Total operating revenues- Total Property' should arrive at $2.65 billion. The estimate indicates a change of +4.8% from the prior-year quarter.
The combined assessment of analysts suggests that 'Geographic Revenues- Total International' will likely reach $1.09 billion. The estimate points to a change of +13.3% from the year-ago quarter.
According to the collective judgment of analysts, 'Geographic Revenues- U.S. & Canada' should come in at $1.27 billion. The estimate indicates a year-over-year change of -3%.
The consensus estimate for 'Geographic Revenues- Latin America' stands at $429.34 million. The estimate suggests a change of +10.4% year over year.
Analysts' assessment points toward 'Geographic Revenues- Europe' reaching $252.39 million. The estimate suggests a change of +8.3% year over year.
It is projected by analysts that the 'U.S. & Canada - Ending Balance' will reach 41,766 . Compared to the current estimate, the company reported 41,843 in the same quarter of the previous year.
The consensus among analysts is that 'Total - Ending Balance' will reach 149,255 . Compared to the present estimate, the company reported 148,797 in the same quarter last year.
Analysts predict that the 'Organic Tenant Billings Growth - Total International' will reach 2.9%. The estimate compares to the year-ago value of 6.5%.
Analysts forecast 'Organic Tenant Billings Growth - U.S. & Canada' to reach 0.5%. Compared to the current estimate, the company reported 3.7% in the same quarter of the previous year.
Analysts expect 'International - Ending Balance' to come in at 107,633 . The estimate compares to the year-ago value of 106,954 .
View all Key Company Metrics for American Tower here>>>
American Tower shares have witnessed a change of -4.8% in the past month, in contrast to the Zacks S&P 500 composite's +0.4% move. With a Zacks Rank #3 (Hold), AMT is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
AR Asset Management Inc. purchased a new position in shares of American Tower Corporation (NYSE:AMT – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,000 shares of the real estate investment trust’s stock, valued at approximately $1,035,000.
Other institutional investors have also modified their holdings of the company. Oakworth Capital Inc. lifted its stake in American Tower by 90.7% in the fourth quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 68 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of American Tower during the fourth quarter worth $25,000. Swiss RE Ltd. bought a new stake in shares of American Tower during the fourth quarter worth $25,000. Triumph Capital Management acquired a new stake in shares of American Tower during the third quarter worth $29,000. Finally, Acumen Wealth Advisors LLC bought a new stake in American Tower in the 4th quarter valued at $29,000. Institutional investors own 92.69% of the company’s stock.
American Tower Stock Performance AMT opened at $166.24 on Thursday. The business’s 50-day simple moving average is $176.97 and its 200 day simple moving average is $178.50. American Tower Corporation has a 52-week low of $160.06 and a 52-week high of $234.33. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market capitalization of $77.45 billion, a PE ratio of 26.86, a PEG ratio of 0.68 and a beta of 0.91.
American Tower (NYSE:AMT – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping the consensus estimate of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the previous year, the firm earned $2.75 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. As a group, sell-side analysts expect that American Tower Corporation will post 10.66 earnings per share for the current fiscal year.
American Tower Announces Dividend The company also recently announced a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Friday, June 12th were issued a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, June 12th. American Tower’s payout ratio is presently 115.67%.
Analysts Set New Price Targets A number of research firms have issued reports on AMT. Mizuho upgraded American Tower from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $189.00 to $205.00 in a report on Wednesday, April 15th. The Goldman Sachs Group initiated coverage on American Tower in a report on Friday, June 26th. They set a “buy” rating and a $215.00 price objective for the company. Weiss Ratings upgraded American Tower from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. Jefferies Financial Group upped their price target on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Finally, Barclays lowered their price objective on shares of American Tower from $200.00 to $195.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, American Tower has an average rating of “Moderate Buy” and an average target price of $215.57.
Read Our Latest Report on American Tower
Insider Transactions at American Tower In other American Tower news, EVP Ruth T. Dowling sold 416 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $177.54, for a total value of $73,856.64. Following the completion of the sale, the executive vice president owned 29,461 shares in the company, valued at $5,230,505.94. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.08% of the company’s stock.
American Tower Company Profile (Free Report)
American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.
Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.
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American Tower Corporation (NYSE:AMT – Get Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-one research firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $215.5714.
Several equities analysts have weighed in on the company. Raymond James Financial reaffirmed a “strong-buy” rating and set a $240.00 target price on shares of American Tower in a research note on Wednesday, April 29th. The Goldman Sachs Group started coverage on shares of American Tower in a research report on Friday, June 26th. They issued a “buy” rating and a $215.00 price target for the company. Mizuho upgraded shares of American Tower from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $189.00 to $205.00 in a report on Wednesday, April 15th. Jefferies Financial Group boosted their price objective on shares of American Tower from $209.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Finally, Royal Bank Of Canada upgraded shares of American Tower from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $195.00 to $205.00 in a research note on Friday, June 26th.
View Our Latest Stock Report on AMT
American Tower Stock Performance Shares of American Tower stock opened at $166.24 on Thursday. American Tower has a 12 month low of $160.06 and a 12 month high of $234.33. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 3.07. The stock has a market cap of $77.45 billion, a PE ratio of 26.86, a price-to-earnings-growth ratio of 0.68 and a beta of 0.91. The business has a fifty day simple moving average of $176.97 and a 200-day simple moving average of $178.50.
American Tower (NYSE:AMT – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, beating the consensus estimate of $1.60 by $1.24. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. American Tower had a return on equity of 27.79% and a net margin of 26.81%.American Tower’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.75 earnings per share. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. On average, sell-side analysts anticipate that American Tower will post 10.66 EPS for the current fiscal year.
American Tower Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Friday, June 12th were issued a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, June 12th. American Tower’s payout ratio is currently 115.67%.
Insider Buying and Selling at American Tower In related news, EVP Ruth T. Dowling sold 556 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $178.48, for a total transaction of $99,234.88. Following the completion of the sale, the executive vice president directly owned 29,877 shares in the company, valued at approximately $5,332,446.96. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.08% of the company’s stock.
Institutional Inflows and Outflows Several hedge funds have recently bought and sold shares of the company. Brighton Jones LLC raised its position in American Tower by 113.0% during the fourth quarter. Brighton Jones LLC now owns 3,966 shares of the real estate investment trust’s stock valued at $727,000 after acquiring an additional 2,104 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in American Tower by 34.3% in the second quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust’s stock valued at $319,000 after acquiring an additional 368 shares during the last quarter. United Bank grew its position in American Tower by 12.7% in the second quarter. United Bank now owns 6,488 shares of the real estate investment trust’s stock worth $1,434,000 after acquiring an additional 733 shares in the last quarter. Treasurer of the State of North Carolina grew its position in American Tower by 2.2% in the second quarter. Treasurer of the State of North Carolina now owns 218,511 shares of the real estate investment trust’s stock worth $48,295,000 after acquiring an additional 4,778 shares in the last quarter. Finally, Ieq Capital LLC increased its stake in shares of American Tower by 52.2% during the 2nd quarter. Ieq Capital LLC now owns 34,248 shares of the real estate investment trust’s stock worth $7,570,000 after purchasing an additional 11,751 shares during the last quarter. 92.69% of the stock is owned by institutional investors and hedge funds.
American Tower Company Profile (Get Free Report)
American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.
Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.
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American Tower (AMT - Free Report) closed at $167.06 in the latest trading session, marking a -1.76% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow lost 0.59%, while the tech-heavy Nasdaq lost 0.05%.
Coming into today, shares of the wireless communications infrastructure company had lost 3.4% in the past month. In that same time, the Finance sector gained 2.54%, while the S&P 500 gained 0.55%.
The investment community will be closely monitoring the performance of American Tower in its forthcoming earnings report. The company is scheduled to release its earnings on July 28, 2026. The company's upcoming EPS is projected at $2.71, signifying a 4.23% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.71 billion, up 3.09% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.97 per share and a revenue of $10.91 billion, indicating changes of +1.95% and +2.53%, respectively, from the former year.
Any recent changes to analyst estimates for American Tower should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, American Tower is carrying a Zacks Rank of #3 (Hold).
Investors should also note American Tower's current valuation metrics, including its Forward P/E ratio of 15.5. This indicates a premium in contrast to its industry's Forward P/E of 13.91.
It's also important to note that AMT currently trades at a PEG ratio of 0.69. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 2.31 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 56, positioning it in the top 23% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Cantillon Capital Management LLC lowered its position in American Tower Corporation (NYSE: AMT) by 11.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,612,473 shares of the real estate investment trust's stock after selling 218,052 shares during the period.
AIA Group Ltd raised its stake in shares of American Tower Corporation (NYSE:AMT – Free Report) by 8.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,285 shares of the real estate investment trust’s stock after buying an additional 5,074 shares during the quarter. AIA Group Ltd’s holdings in American Tower were worth $11,785,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of AMT. Riverwater Partners LLC increased its holdings in shares of American Tower by 3.8% in the fourth quarter. Riverwater Partners LLC now owns 1,536 shares of the real estate investment trust’s stock worth $270,000 after purchasing an additional 56 shares during the period. Triumph Capital Management grew its position in American Tower by 37.3% during the fourth quarter. Triumph Capital Management now owns 206 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 56 shares in the last quarter. Personal CFO Solutions LLC increased its stake in American Tower by 3.5% in the 4th quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust’s stock worth $293,000 after acquiring an additional 57 shares during the last quarter. Twin City Private Wealth LLC increased its stake in American Tower by 0.7% in the 4th quarter. Twin City Private Wealth LLC now owns 7,799 shares of the real estate investment trust’s stock worth $1,382,000 after acquiring an additional 58 shares during the last quarter. Finally, Asset Advisory Group Inc. raised its holdings in shares of American Tower by 3.0% in the 1st quarter. Asset Advisory Group Inc. now owns 2,072 shares of the real estate investment trust’s stock valued at $358,000 after acquiring an additional 60 shares in the last quarter. 92.69% of the stock is owned by institutional investors.
Analysts Set New Price Targets A number of brokerages recently weighed in on AMT. Scotiabank raised their target price on shares of American Tower from $214.00 to $218.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Sanford C. Bernstein raised shares of American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 price target on the stock in a report on Tuesday, May 19th. Wolfe Research upgraded shares of American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 price objective on the stock in a research report on Wednesday, July 8th. Truist Financial lifted their price objective on shares of American Tower from $205.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $240.00 target price on shares of American Tower in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, American Tower presently has an average rating of “Moderate Buy” and a consensus target price of $215.57.
View Our Latest Stock Analysis on AMT
Insider Buying and Selling In other news, EVP Ruth T. Dowling sold 416 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $177.54, for a total transaction of $73,856.64. Following the sale, the executive vice president owned 29,461 shares of the company’s stock, valued at $5,230,505.94. This trade represents a 1.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.08% of the company’s stock.
American Tower Trading Up 0.7% NYSE AMT opened at $170.13 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 3.07. American Tower Corporation has a twelve month low of $160.06 and a twelve month high of $234.33. The firm has a market capitalization of $79.26 billion, a PE ratio of 27.48, a P/E/G ratio of 0.71 and a beta of 0.91. The stock’s 50 day moving average is $177.64 and its 200 day moving average is $178.70.
American Tower (NYSE:AMT – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $1.24. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.66 billion. During the same quarter in the prior year, the company earned $2.75 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Research analysts forecast that American Tower Corporation will post 10.66 earnings per share for the current fiscal year.
American Tower Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Friday, June 12th were given a dividend of $1.79 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $7.16 annualized dividend and a dividend yield of 4.2%. American Tower’s dividend payout ratio (DPR) is 115.67%.
American Tower Profile (Free Report)
American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.
Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.
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American Tower (AMT - Free Report) closed the most recent trading day at $168.59, moving +2.18% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.42%. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq appreciated by 0.29%.
Shares of the wireless communications infrastructure company have depreciated by 12.84% over the course of the past month, underperforming the Finance sector's gain of 4.33%, and the S&P 500's gain of 2.2%.
The investment community will be paying close attention to the earnings performance of American Tower in its upcoming release. The company is slated to reveal its earnings on July 28, 2026. The company is predicted to post an EPS of $2.71, indicating a 4.23% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.71 billion, indicating a 3.09% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.97 per share and a revenue of $10.91 billion, signifying shifts of +1.95% and +2.53%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for American Tower. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, American Tower holds a Zacks Rank of #3 (Hold).
Looking at valuation, American Tower is presently trading at a Forward P/E ratio of 15.04. This expresses a premium compared to the average Forward P/E of 13.1 of its industry.
We can additionally observe that AMT currently boasts a PEG ratio of 0.67. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the REIT and Equity Trust - Other industry had an average PEG ratio of 2.26.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 66, finds itself in the top 27% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
DENVER--(BUSINESS WIRE)--CoreSite, an American Tower company (NYSE: AMT) empowering critical business and AI workloads that impact everyday life through interconnected data center solutions, today released its 2026 State of the Data Center Report, which examines how enterprise IT strategies are evolving as organizations enter a new phase of hybrid infrastructure management. The seventh edition of the report shows that hybrid IT has become the standard operating model for enterprises – but that.
In the latest close session, American Tower (AMT - Free Report) was up +1.53% at $166.08. The stock's change was more than the S&P 500's daily loss of 0.22%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, lost 0.66%.
The wireless communications infrastructure company's shares have seen a decrease of 11.84% over the last month, not keeping up with the Finance sector's gain of 2.72% and the S&P 500's loss of 1.21%.
The upcoming earnings release of American Tower will be of great interest to investors. The company's earnings report is expected on July 28, 2026. On that day, American Tower is projected to report earnings of $2.69 per share, which would represent year-over-year growth of 3.46%. In the meantime, our current consensus estimate forecasts the revenue to be $2.71 billion, indicating a 3.09% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.97 per share and revenue of $10.91 billion. These totals would mark changes of +1.95% and +2.53%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for American Tower. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. American Tower presently features a Zacks Rank of #3 (Hold).
In the context of valuation, American Tower is at present trading with a Forward P/E ratio of 14.91. This denotes a premium relative to the industry average Forward P/E of 13.08.
We can additionally observe that AMT currently boasts a PEG ratio of 0.66. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the REIT and Equity Trust - Other industry had an average PEG ratio of 2.56.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 58, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced today that the press announcement of its second quarter 2026 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, July 28, 2026. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on July 28, 2026, to discuss its results.
Earnings Call Information
Date/Time
Tuesday, July 28, 2026, at 8:30 a.m. ET
Pre-Registration Link for Dial-In Access
Participants can pre-register for the conference call here in order to receive dial-in information.
Access via Webcast
The earnings call will be broadcast live (listen only) and can be replayed shortly after the conclusion of the call via the Investor Relations webcast at https://www.americantower.com/investor-relations/webcasts/.
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 nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.
American Tower Corporation remains a high-quality industry leader with steady revenue and cash flow growth, warranting a continued 'Buy' rating. AMT's international tower portfolio and expanding U.S. data center business drive robust top-line growth, with Q1 2026 revenue up 6.8% year-over-year. Management guides for property revenue of $10.66 billion and adjusted FFO of $5.09–$5.17 billion in 2026, reflecting increased investment and operational momentum.
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the release of its 2025 sustainability executive report and accompanying indices and supplements, which highlight the Company's progress across its three sustainability pillars: Environment, Social, and Governance. The report reflects how sustainability continues to be embedded across American Tower's operations, supporting the Company's focus on delivering reliable, resilient digital infrastructure while creating l.
American Tower (AMT) was a big mover last session on higher-than-average trading volume. The latest trend in FFO estimate revisions might not help the stock continue moving higher in the near term.
SummaryAmerican Tower Corporation offers stable, low single-digit growth, a 4.2% dividend yield, and trades at ~16x FFO, presenting an attractive margin of safety.AMT’s long-term contracts, high switching costs, and scale-driven efficiencies provide robust moats, supporting gradual FFO and dividend growth.While long-term risks from satellite Internet (e.g., SpaceX’s Starlink) exist, near-term disruption is expected to be minimal; sector headwinds are more pressing.I maintain a Buy rating on AMT, citing reasonable valuation, resilient fundamentals, and a prospective IRR near 10% for a high-quality, perpetual asset. Lawrey/iStock via Getty Images
American Tower Corporation (AMT) trades at 16x FFO, with low growth, in the low single digits. Dividend yield of ~4.2%. Boring business. I think all of this makes even more sense when we remember that just a few weeks ago, SpaceX (
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
American Tower (AMT - Free Report) ended the recent trading session at $168.72, demonstrating a -3.29% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.01% for the day. On the other hand, the Dow registered a gain of 0.14%, and the technology-centric Nasdaq decreased by 0.46%.
Heading into today, shares of the wireless communications infrastructure company had lost 5.69% over the past month, lagging the Finance sector's gain of 2.29% and the S&P 500's loss of 1.4%.
Market participants will be closely following the financial results of American Tower in its upcoming release. The company is forecasted to report an EPS of $2.69, showcasing a 3.46% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.71 billion, indicating a 3.09% increase compared to the same quarter of the previous year.
AMT's full-year Zacks Consensus Estimates are calling for earnings of $10.97 per share and revenue of $10.91 billion. These results would represent year-over-year changes of +1.95% and +2.53%, respectively.
It is also important to note the recent changes to analyst estimates for American Tower. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. American Tower is currently a Zacks Rank #3 (Hold).
From a valuation perspective, American Tower is currently exchanging hands at a Forward P/E ratio of 15.9. This expresses a premium compared to the average Forward P/E of 13.2 of its industry.
Also, we should mention that AMT has a PEG ratio of 0.71. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The REIT and Equity Trust - Other industry had an average PEG ratio of 2.49 as trading concluded yesterday.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 34% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
In the latest trading session, American Tower (AMT - Free Report) closed at $181.09, marking a -1.83% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.22%. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq depreciated by 1.35%.
Shares of the wireless communications infrastructure company witnessed a gain of 0.8% over the previous month, trailing the performance of the Finance sector with its gain of 5.2%, and the S&P 500's gain of 1.56%.
Analysts and investors alike will be keeping a close eye on the performance of American Tower in its upcoming earnings disclosure. In that report, analysts expect American Tower to post earnings of $2.69 per share. This would mark year-over-year growth of 3.46%. Meanwhile, our latest consensus estimate is calling for revenue of $2.71 billion, up 3.09% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.95 per share and a revenue of $10.91 billion, signifying shifts of +1.77% and +2.53%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for American Tower. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. American Tower is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, American Tower is presently trading at a Forward P/E ratio of 16.85. This represents a premium compared to its industry average Forward P/E of 12.98.
Also, we should mention that AMT has a PEG ratio of 0.75. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The REIT and Equity Trust - Other industry had an average PEG ratio of 2.5 as trading concluded yesterday.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 76, positioning it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Wall Street fixates on Kevin Warsh’s first FOMC meeting as Fed Chair, but retirees holding income stocks need a longer horizon than the next rate decision. American Tower (NYSE:AMT | AMT Price Prediction) owns the cell towers and CoreSite data centers that route mobile, cloud, and AI traffic, and management says the business is now in its strongest strategic position in more than a decade. The question is whether the dividend outlasts Fed noise.
A 3.71% Yield Backed by Long-Term Leases At $181.09, AMT yields 3.71%, a meaningful premium to the 4.49% 10-year Treasury once you factor in dividend growth.
Metric Value Annual Dividend (run-rate) $7.16 Dividend Yield 3.71% Most Recent Increase +5.3% (March 2026) Dividend Aristocrat/King No Streak Note Paused growth in 2023, resumed 2024 AFFO Covers the Payout With Room to Spare AMT guided 2026 AFFO per share to $10.90 to $11.07. Against the $7.16 run-rate dividend, that is roughly a 65% AFFO payout ratio, the metric REIT investors underwrite. GAAP EPS understates coverage because of heavy depreciation on towers.
Metric Value Assessment AFFO Payout Ratio ~65% Healthy FCF Payout Ratio ~89% Elevated OCF Coverage 1.6x Adequate Earnings Payout >100% (GAAP) Normal for REITs The company paid roughly $3.35 billion in dividends against $3.74 billion of 2025 free cash flow. Rising AFFO and easing capex should widen the gap.
Leverage Is Back in the Target Zone Metric Value Assessment Total Debt $37.3B High but laddered Net Debt / EBITDA 4.9x Elevated, improving Cash on Hand $1.61B Solid buffer Net leverage fell from 5.1x in Q2 2025 to 4.9x, the company’s stated target band. Combined with over $11 billion of liquidity, AMT has room to absorb refinancing at the current 4.49% 10-year without raiding the distribution.
The Streak Has a Scar, but the Trajectory Is Up Year Annual Dividend 2026 (run-rate) $7.16 2025 $6.80 2024 $6.48 2023 $6.45 2022 $5.86 AMT paused increases in 2023 to defend the balance sheet, then resumed. The pause is worth remembering even though it was not a cut.
Management’s Tone Is Confident and Measured CEO Steve Vondran told investors on the Q1 2026 call that “rising mobile data consumption, accelerating cloud adoption and the rapid expansion of AI-driven workloads all point toward sustained investment in high-quality digital infrastructure.” He also emphasized “disciplined capital allocation” heading into 2026. That language reads as a commitment to the payout without overpromising future raises.
Verdict: Safe, With One Eye on Leverage Dividend Safety Rating: Safe. A 65% AFFO payout, 1.6x operating cash flow coverage, and leverage back in the target band justify the rating. I would be comfortable owning AMT for income if the data center segment compounds at double-digit rates and net leverage drifts toward 4.5x. I would grow cautious if U.S. tower revenue stays negative beyond 2026 or if leverage backs above 5x as debt rolls at higher coupons. For now, the dividend suits retirees who prefer collecting checks to trading the FOMC.
Starlink is revolutionizing global connectivity, but satellites solve the coverage problem—not the capacity problem. While SpaceX is building the largest communications network in history, towers remain. Cell towers are not the next Blockbuster, unlike video rental stores that were rendered obsolete by streaming, tower REITs provide mission-critical infrastructure. American Tower's moat remains intact with long-term contracts, high switching costs, global scale, investment-grade tenants, and decades-long asset lives create durable competitive advantages that satellites cannot easily replicate.
American Tower Corporation AMT owns and operates nearly 149,000 communication sites globally and also maintains a highly interconnected network of U.S. data center facilities. The company is strategically positioned to capture incremental demand from global 5G deployment efforts.
On June 16, 2026, we delve into the discounted cash flow (DCF) analysis for American Tower Corp AMT , a company that has seen a mixed performance in the market. Over the past week, AMT has decreased by 0.8%, while it has gained 9.9% over the past month. Year-to-date, the stock is up 7.9%, but it has experienced a decline of 10.2% over the last year.
DCF Earnings-based intrinsic value: $133.94 vs price $185.76 (margin of safety: -38.7%) DCF FCF-based intrinsic value: $99.16 vs price $185.76 (second opinion) GF Score™: 80/100, indicating a reliable DCF input What Is AMT Worth? DCF Earnings-Based Model The DCF earnings-based model for American Tower Corp utilizes a two-stage approach to estimate the intrinsic value of the stock. In the first stage, we project earnings growth for the next ten years, followed by a terminal growth phase. The assumptions used in this model are crucial for determining the intrinsic value.
Parameter Value Current EPS (TTM, excl. non-recurring) $6.94 10-Year Growth Rate 12.8% 10-Year Treasury Rate 4.44% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The first stage of the model, which covers years 1-10, assumes that EPS will grow at a rate of 12.8% per year. This growth is then discounted at a rate of 11%. The second stage, covering years 11-20, assumes a terminal growth rate of 4%, also discounted at 11%. The summary of the calculations is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 12.8%, discounted at 11% $75.94 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $58.00 Intrinsic Value Growth + Terminal $133.94 Comparing the current price of $185.76 with the intrinsic value of $133.94 indicates that AMT is modestly overvalued, with a margin of safety of -38.7%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows that stock prices correlate more closely with earnings than with free cash flow. For a detailed breakdown, you can visit the AMT DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF)-based intrinsic value for American Tower Corp is calculated to be $99.16. When compared to the earnings-based intrinsic value of $133.94, there is a significant discrepancy. Both models suggest that AMT is modestly overvalued, with the FCF model indicating a margin of safety of -87.3%. This reinforces the notion that the stock may not be a favorable investment at its current price.
How Does GF Value™ Compare to the DCF Models? According to GuruFocus, the GF Value™ for American Tower Corp is $206.99, suggesting that the stock is 10.3% undervalued based on this proprietary measure. The GF Value™ is derived from historical trading multiples, past business growth, and future performance estimates. While the DCF models indicate that AMT is overvalued, the GF Value™ presents a different perspective, showing that there may be potential for value appreciation. For more insights, visit the GF Value™ page.
What Does AMT's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006-2021. American Tower Corp has a GF Score™ of 80/100, indicating a strong position in several of these aspects. The predictability rank is 1/5 stars, suggesting that the DCF model may be less reliable for this stock.
Metric Rating GF Score™ 80/100 Financial Strength 3/10 Profitability 8/10 Growth 7/10 Valuation 10/10 Momentum 5/10 For further details, you can check the AMT stock page.
Key Assumptions and Limitations It is essential to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Additionally, stocks with low predictability ratings, such as AMT's 1/5 stars, tend to produce less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not accurately reflect future conditions.
What This Means for Investors In synthesizing the findings from the DCF earnings model, the DCF FCF model, and the GF Value™, it is clear that American Tower Corp is currently overvalued. The earnings-based and FCF-based models both indicate a significant margin of safety, while the GF Value™ suggests a potential undervaluation. Overall, investors should approach AMT with caution. For the full DCF analysis, visit the AMT DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is AMT's intrinsic value based on DCF?
Answer: earnings-based $133.94, FCF-based $99.16
Is AMT overvalued or undervalued?
Answer: Based on DCF and GF Value™, AMT is considered overvalued.
How reliable is the DCF model for AMT?
Answer: The predictability rank of 1/5 indicates that the DCF model may be less reliable for AMT.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors has declared a quarterly cash distribution of $1.79 per share on shares of the Company’s common stock. The distribution is payable on July 13, 2026 to the stockholders of record at the close of business on June 12, 2026.
About American Tower
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 nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” sections of our investor relations hub at www.americantower.com.
Cautionary Language Regarding Forward-Looking Statements
This press release contains “forward-looking statements” concerning the Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company’s forward-looking statements as a result of various factors, including those factors set forth under the caption “Risk Factors” in Item 1A of its most recent annual report on Form 10-K, and other risks described in documents the Company subsequently files from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is American Tower (AMT - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
American Tower is one of 833 companies in the Finance group. The Finance group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. American Tower is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for AMT's full-year earnings has moved 0% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that AMT has returned about 4.7% since the start of the calendar year. In comparison, Finance companies have returned an average of 0.3%. This shows that American Tower is outperforming its peers so far this year.
One other Finance stock that has outperformed the sector so far this year is ANZ Group Holdings Limited - Sponsored ADR (ANZGY - Free Report) . The stock is up 5.2% year-to-date.
Over the past three months, ANZ Group Holdings Limited - Sponsored ADR's consensus EPS estimate for the current year has increased 12.1%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, American Tower is a member of the REIT and Equity Trust - Other industry, which includes 90 individual companies and currently sits at #91 in the Zacks Industry Rank. On average, stocks in this group have gained 12.6% this year, meaning that AMT is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, ANZ Group Holdings Limited - Sponsored ADR belongs to the Financial - Miscellaneous Services industry. This 107-stock industry is currently ranked #100. The industry has moved -7.9% year to date.
American Tower and ANZ Group Holdings Limited - Sponsored ADR could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.
On May 27, 2026, we delve into the discounted cash flow (DCF) analysis for American Tower Corp AMT . The company has shown a modest price performance with a year-to-date increase of 6.4%, although it has declined by 9.5% over the past year. Below are key insights from our analysis:
DCF Earnings-based intrinsic value of $133.94 vs current price of $184.95 (margin of safety: -38.1%) DCF FCF-based intrinsic value of $99.16 vs current price (second opinion margin of safety: -86.5%) GF Score™ of 79/100 indicating a reliable DCF input assessment What Is AMT Worth? DCF Earnings-Based Model To determine the intrinsic value of American Tower Corp, we employed a two-stage DCF model. The first stage considers a growth phase lasting 10 years, during which we expect the earnings per share (EPS) to grow at a rate of 12.8% annually. The second stage accounts for a terminal growth rate of 4% over the subsequent 10 years. The discount rate applied is 11%, which combines the risk-free rate and equity risk premium.
Parameter Value Current EPS (TTM, excl. non-recurring) $6.94 10-Year Growth Rate 12.8% 10-Year Treasury Rate 4.47% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The calculation summary for the two-stage DCF model is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 12.8%, discounted at 11% $75.94 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $58.00 Intrinsic Value Growth + Terminal $133.94 Comparing the current price of $184.95 with the intrinsic value of $133.94 indicates that AMT is modestly overvalued, with a margin of safety of -38.1%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research indicates that stock prices correlate more closely with earnings than free cash flow. For further details, visit the AMT DCF Calculator.
What Does the Free Cash Flow DCF Say? In addition to the earnings-based DCF model, we also evaluated American Tower Corp using a free cash flow (FCF) DCF model. The FCF-based intrinsic value is calculated to be $99.16. This value is significantly lower than the earnings-based intrinsic value of $133.94, indicating a divergence in the two models. Both models suggest that AMT is modestly overvalued, with the FCF model showing a margin of safety of -86.5%.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for American Tower Corp is calculated at $206.80, providing a third perspective on the company's valuation. GF Value™ is GuruFocus' proprietary measure derived from historical trading multiples, past business growth, and future performance estimates. While the DCF models indicate that AMT is overvalued, the GF Value™ suggests that it is undervalued. This discrepancy highlights the importance of considering multiple valuation approaches. For more information, visit the GF Value™ page.
What Does AMT's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006-2021. Below is a summary of AMT's GF Score™:
Metric Rating GF Score™ 79/100 Financial Strength 3/10 Profitability 8/10 Growth 7/10 Valuation 10/10 Momentum 4/10 With a predictability rank of 1 out of 5 stars, it is important to note that higher predictability ratings enhance the reliability of the DCF model for this stock. For more details, visit the AMT stock page.
Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to assumptions regarding growth rates and discount rates. Stocks with low predictability ratings, such as AMT, tend to produce less reliable DCF estimates. The terminal growth rate of 4% used in this analysis is a simplifying assumption that may not accurately reflect future performance.
What This Means for Investors In summary, the three valuation models—DCF earnings, DCF FCF, and GF Value™—present a consensus that American Tower Corp is overvalued. The earnings-based DCF suggests an intrinsic value of $133.94, while the FCF model indicates $99.16, contrasting with the GF Value™ of $206.80. Overall, the evidence points toward AMT being overvalued at its current price of $184.95. For the full DCF analysis, visit the AMT DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is AMT's intrinsic value based on DCF?
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
TORONTO, ON / ACCESS Newswire / May 27, 2026 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust", "AMT" or the "Company"), a fintech platform focused on automotive finance, announces that it has filed its interim Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2026. These documents are available under the Company's profile on SEDAR+.
Cash on hand at March 31, 2026, was $35,852,002 compared to $36,968,923 at December 31, 2025. At March 31, 2026, the Company reported working capital of $29,355,544 compared to $30,417,979 at December 31, 2025.
Revenue for the first quarter of 2026 increased 36% compared to Q4 2025 and increased 19% compared to Q1 2025. Adjusted EBITDA loss for the first quarter of 2026 increased compared to Q1 2025, primarily due to operating expenses associated with the restart of lease originations.
Jeff Morgan, Chief Executive Officer of AmeriTrust, commented:
"I am pleased to report that AmeriTrust commenced both lease originations in late January and the initial testing of AmeriTrust Auto remarketing operations in the first quarter. The results to date have outperformed internal expectations and conform to our strategic long-term plan to become one of the largest new and used-vehicle leasing platforms in the U.S."
During the first quarter, with a focused group of active dealers, AmeriTrust's proprietary portal received 1,430 applications representing approximately $56 million in potential funding opportunities, approved or conditionally approved 191 consumer applications, and funded 16 lease contracts.
With a focus on testing, systems and processes following the launch, AmeriTrust was extremely selective in initial approvals and funded deals. The Company applied a disciplined underwriting strategy to build a prime+ portfolio of high-quality initial lease contracts. During the first quarter, the weighted average credit score of funded customers was 752, the weighted average contract rate was 8.71%, and the weighted average net capitalized cost (amount financed) of the lease contracts was $88,059. Over time the Company anticipates a materially higher look to book ratio (funded deals/applications), resulting in better closing ratios and significantly stronger originations.
Total funded contracts increased sequentially each month during the quarter and generated $101,985 in lease origination income, while the total contracted cash flows associated with those contracts is $1,783,472 over the terms of the respective leases.
Shareholders reviewing the Company's financial statements should note that the accounting treatment for lease contracts has changed from the prior ‘off-balance-sheet' accounting used prior to Q4 2025 to an ‘on-balance-sheet' treatment until contracts are sold into the market. A more detailed description of effects of the accounting treatment change can be found on page 5 of the Company's MD&A in the section titled "Financing Model: Transition from Flow Model to Warehouse Model."
Momentum continued into the second quarter. In April alone, lease originations nearly matched the total number of funded deals and aggregate funding volume generated during the entire first quarter.
AmeriTrust is now licensed in 41 states and Washington, D.C. As part of a methodical, nationwide ramp in the first quarter, the Company added more than 151 new dealers to its platform, collectively representing 348 store fronts including franchise dealer and used car locations. Additionally, the Company has hired five experienced dealer representatives to support the Company's geographic expansion and accelerate lease origination activity across new territories.
In addition, the Company completed initial testing of its AmeriTrust Auto remarketing operations for off-lease vehicles. Early results exceeded internal expectations, including an approximate 83% increase in gross revenue per transaction. The Company is evaluating a strategy to expand its first AmeriTrust Auto location in the coming months and is also pursuing ancillary product sales initiatives to further increase revenue generation. Those product contracts are currently under third party negotiation.
About AmeriTrust Financial Technologies Inc.
AmeriTrust Financial Technologies Inc., listed on the TSX Venture Exchange, OTCQB, and Frankfurt markets, is a finance solution and fintech provider disrupting the automotive industry. AmeriTrust's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, and funders. AmeriTrust's platform is being made available across the United States.
For further information, please visit the AmeriTrust website or contact:
Shibu Abraham
Chief Financial Officer and Director
E: [email protected]
P: 1-800-600-6872
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Non-IFRS Measures:
This news release makes reference to "EBITDA" and "Adjusted EBIDTA" which are non-IFRS financial measures. The Company believes that these measures provide investors with useful supplemental information about the financial performance of its business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating its business. Although management believes these financial measures are important in evaluating the Company's performance, they are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with IFRS. These non-IFRS financial measures do not have any standardized meaning and may not be comparable with similar measures used by other companies. For certain non-IFRS financial measures, there are no directly comparable amounts under IFRS. These non-IFRS financial measures should not be viewed as alternatives to measures of financial performance determined in accordance withIFRS. Moreover, presentation of certain of these measures is provided for period-over-period comparison purposes, and investors should be cautioned that the effect of the adjustments thereto provided herein have an actual effect on the Company's operating results.
"EBITDA" is defined as Earnings before Interest, Taxation, Depreciation and Amortization. Management believes this is a useful metric in evaluating the ongoing operating performance of the Company.
"Adjusted EBITDA" is defined as Earnings before Interest, Taxation, Depreciation, Amortization, Share Based Compensation expense, Provision for expected credit loss on lease contracts and revision to the provision, foreign exchange loss, and other one-time costs is an additional measure used by management to evaluate cash flows and the Company's ability to service debt. Adjusted EBITDA is a non-IFRS measure and should not be considered an alternative to operating income or net income (loss) in measuring the Company's performance.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, the intention to grow the business, operations, and existing and potential activities of the Company, future prospects of the Company, the ability of the Company to execute on its business plan and the anticipated benefits of the Company's business plan, negotiations with potential funding partners and the ability of the Company to secure additional funding, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, we cannot guarantee that any forward-looking statement will materialize, and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as at the date of this news release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that it is scheduled to present at Nareit’s REITweek: 2026 Investor Conference on Wednesday, June 3, 2026, at 3:30 p.m. ET in New York, New York.
A live webcast and replay of the presentation will be accessible from the Investor Relations section of American Tower’s website at www.americantower.com/investor-relations.
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 nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.
Cellares and TScan Therapeutics Announce Agreement to Evaluate Automated Manufacturing of TSC-101 for Patients with Hematologic Malignancies Cellares, the first Integrated Development and Manufacturing Organization (IDMO), and TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today announced an agreement to evaluate automated clinical manufacturing of TSC-101, TScan's lead TCR-T therapy candidate for patients with acute myeloid leukemia (AML) and myelodysplastic syndromes (MDS), through a comprehensive technical and operational assessment of Cellares' automated manufacturing and testing platforms.
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Cellares and TScan Therapeutics Announce Agreement to Evaluate Automated Manufacturing of TSC-101
TSC-101 is designed to treat residual disease and prevent relapse in patients with AML and MDS undergoing allogeneic hematopoietic cell transplantation (allo-HCT). The therapy candidate uses a gene modification approach to engineer T cells from a healthy donor into a patient-specific cell therapy product. As TScan advances TSC-101 towards a pivotal trial, which is expected to begin in the second quarter of 2026, the Company is evaluating Cellares’ automated manufacturing platform as a scalable and economical path to future commercial demand.
Under the agreement, Cellares will automate the TSC-101 manufacturing and testing processes on the Cell Shuttle, its end-to-end manufacturing platform, and the Cell Q, its automated quality control and release testing system. These closed-system, fully automated workflows are designed to reduce process variability, minimize labor intensity, and enable consistent execution across runs and geographies, delivering the manufacturing economics and reliability that large-scale commercial production requires.
“As we prepare for the initiation of our pivotal study of TSC-101 this quarter, we are increasing our efforts for commercial readiness. Establishing a scalable and cost-efficient manufacturing strategy is a critical component. Cellares’ fully automated Cell Shuttle platform represents a promising approach to automating and scaling cell therapy production, with the potential to reduce manual processes and eliminate capacity constraints,” said Ray Lockard, M.B.A., Chief Manufacturing and Quality Officer of TScan Therapeutics. “Through this evaluation, we aim to determine how this technology could strengthen our long-term manufacturing network and support broader patient access, supporting our goal of delivering transformative therapies to patients as efficiently and reliably as possible.”
"Patients with AML or MDS who remain at risk of relapse following transplant represent exactly the kind of underserved population that automated manufacturing was designed to reach,” said Fabian Gerlinghaus, Co-founder and Chief Executive Officer of Cellares. "Bringing automation to a late-stage program like TSC-101, with its healthy donor-derived but patient-specific manufacturing model, is the kind of challenge the Cell Shuttle and Cell Q were built for, and we believe it represents the manufacturing economics any developer will need to reach a population of this scale."
The agreement adds TCR-engineered T cell therapies to Cellares’ growing portfolio of automated cell therapy modalities, which includes CAR-T cell therapies, hematopoietic stem cell programs, and autologous progenitor T cell therapies.
About TScan Therapeutics, Inc.
TScan is a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer. The Company’s lead TCR-T therapy candidate is in development for the treatment of patients with hematologic malignancies to prevent relapse following allogeneic hematopoietic cell transplantation (the ALLOHA™ Phase 1 heme trial). The Company is also in early stages of developing methods for in vivo engineering to treat solid tumors. In addition, the Company is applying its target discovery platform to discover novel targets in various T cell-mediated autoimmune disorders.
About Cellares
Cellares is the first Integrated Development and Manufacturing Organization (IDMO), providing global cell therapy development and manufacturing services through an Industry 4.0 approach to the mass manufacture of the living drugs of the 21st century. The company enables drug sponsors to develop, scale, and commercialize cell therapies with the capacity, reliability, and economics required to meet total patient demand.
Cellares' fully automated platforms — Cell ShuttleⓇ for end-to-end cell therapy manufacturing and Cell Q™ for automated in-process and release quality control — are deployed across its network of IDMO Smart Factories worldwide. These technologies deliver industry-leading manufacturing economics, higher process success rates, and the ability to produce up to 10× more cell therapy batches than conventional CDMOs with comparable footprint and headcount, resulting in the lowest cost of manufacturing in the industry. The Cell Shuttle is the first cell therapy manufacturing platform to receive the FDA's Advanced Manufacturing Technology (AMT) designation, and has demonstrated a 100% automation success rate across more than a dozen automated processes.
Cellares has achieved key clinical validation milestones, including a successful IND Amendment enabling active clinical manufacturing on the Cell Shuttle platform, and the successful dosing of first patients in a partner clinical trial — marking the platform's transition from development-stage technology to clinically validated manufacturing infrastructure. These milestones span multiple therapeutic areas and cell therapy modalities, including both oncology and autoimmune indications.
Headquartered in South San Francisco, California, Cellares operates its first commercial-scale IDMO Smart Factory in Bridgewater, New Jersey, with additional facilities under construction in Europe and Japan. Through its global manufacturing network, Cellares is purpose-built to support both clinical and commercial programs and to expand access to life-saving cell therapies worldwide. For more information, visit www.cellares.com and follow Cellares on LinkedIn.
TScan Therapeutics Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, express or implied statements regarding the structure, timing, economics, reliability, and overall success of TScan Therapeutics, Inc.'s ("TScan") agreement with Cellares; TScan’s plans, progress, and timing related to TScan’s hematologic malignancies program, including initiation of a pivotal trial for TSC-101; TScan’s planned preclinical development and clinical trials for any of its programs; the potential benefits of any of TScan’s proprietary platforms or current or future product candidates in treating patients; and TScan’s goals and strategy. TScan intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “anticipate,” “project,” “target,” “design,” “estimate,” “predict,” “potential,” “plan,” “on track,” or similar expressions or the negative of those terms. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. The express or implied forward-looking statements included in this release are only predictions and are subject to a number of risks, uncertainties and assumptions, including, without limitation: the beneficial characteristics, safety, efficacy, therapeutic effects and potential advantages of TScan’s TCR-T therapy product candidates; TScan’s expectations regarding its preclinical studies being predictive of clinical trial results; TScan’s cleared INDs being indicative or predictive of bringing TScan closer to its goal of providing customized TCR-T therapies to treat patients with cancer; the timing of the launch, initiation, progress, expected results and announcements of TScan’s preclinical studies, clinical trials and its research and development programs; TScan’s ability to enroll patients for its clinical trials within its expected timelines; TScan’s plans relating to developing and commercializing its TCR-T therapy product candidates, if approved, including sales strategy; estimates of the size of the addressable market for TScan’s TCR-T therapy product candidates; TScan’s manufacturing capabilities and the scalable nature of its manufacturing process; TScan’s estimates regarding expenses, future milestone payments and revenue, capital requirements and needs for additional financing; TScan’s expectations regarding competition; TScan’s anticipated growth strategies; TScan’s ability to attract or retain key personnel; TScan’s ability to establish and maintain development partnerships and collaborations; TScan’s expectations regarding federal, state and foreign regulatory requirements; TScan’s ability to obtain and maintain intellectual property protection for its proprietary platform technology and our product candidates; the sufficiency of TScan’s existing capital resources to fund its future operating expenses and capital expenditure requirements; and other factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of TScan’s most recent Annual Report on Form 10-K and any other filings that TScan has made or may make with the SEC in the future. Any forward-looking statements contained in this release represent TScan’s views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. Except as required by law, TScan explicitly disclaims any obligation to update any forward-looking statements.
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Key Takeaways AMT gained 10.5% YTD, supported by 5G expansion, rising mobile data use and new site growth.American Tower targets about 12.5% data center revenue growth in 2026 amid AI and cloud demand.AMT held about $10.4B in liquidity and $50.4B in future lease receipts as of March 31, 2026. American Tower (AMT - Free Report) shares have risen 10.5% in the year-to-date period compared with the industry’s 9.0% growth.
This Zacks Rank #3 (Hold) company is well-positioned to benefit from long-term growth in wireless connectivity and digital infrastructure. Expanding 5G deployments, rising mobile data usage, growing data center demand, and a stable leasing model support consistent revenue growth. Strong liquidity, predictable cash flows, and ongoing investments provide flexibility to capitalize on future opportunities.
Image Source: Zacks Investment Research
Factors Behind AMT Stock’s Price Surge: Will This Continue?American Tower continues to benefit from the ongoing expansion of 5G networks and rising global mobile data consumption. The majority of its U.S. tower portfolio has already been upgraded with 5G equipment, leaving significant room for additional carrier deployments, as operators focus on improving network quality and capacity. Growing wireless data usage, fixed wireless access, cloud adoption and AI-driven workloads are expected to support long-term demand for digital infrastructure. To strengthen its platform, the company acquired 27 communication sites during the first quarter of 2026 and plans to build 1,700–2,300 new sites globally this year.
American Tower’s recurring leasing model continues to provide steady growth despite industry headwinds. In the first quarter of 2026, organic tenant billings growth reached 1.7% or roughly 4% when excluding DISH-related churn. Management expects similar performance for the full year, projecting consolidated organic tenant billings growth of approximately 1% or about 4% excluding DISH churn. This outlook highlights the resilience of the company’s global tower portfolio and its ability to generate dependable cash flow growth over time.
Beyond towers, American Tower is expanding its data-center business to capitalize on growing demand for cloud computing, AI applications and enterprise connectivity. As of March 31, 2026, the company operated 30 data-center facilities across 11 U.S. markets. First-quarter data center property revenues increased to $289 million, reflecting strong demand for hybrid and multicloud deployments as well as greater interconnection activity. For 2026, management expects data center revenues to grow roughly 12.5% year over year.
A key strength of American Tower is its long-term leasing structure. Most revenues come from non-cancellable leases with major wireless carriers, typically lasting five to 10 years and including annual rent escalators. As of March 31, 2026, the company had approximately $50.4 billion in future minimum rental receipts under existing lease agreements, providing exceptional visibility into future revenues and cash flow generation.
American Tower maintains a solid financial position supported by its scale and recurring revenue streams. At the end of the first quarter, total liquidity stood at approximately $10.4 billion, including $1.6 billion in cash. The company also continues to actively manage its debt profile through repayments and refinancing, with 94% of debt fixed-rate. This financial flexibility positions American Tower to fund future growth while maintaining stability in a changing market environment.
Key Risks for AMT StockCustomer concentration and carrier consolidation can curb leasing. Elevated churn and high interest expenses could weigh on American Tower’s growth and cash flow.
Stocks to ConsiderSome better-ranked stocks from the broader REIT sector are Prologis (PLD - Free Report) and Lamar Advertising (LAMR - Free Report) , each carrying a Zacks Rank of #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for PLD’s 2026 FFO per share is pegged at $6.18, which indicates year-over-year growth of 6.37%.
The Zacks Consensus Estimate for LAMR’s full-year FFO per share is pinned at $8.81, which suggests an increase of 6.66% from the year-ago period.
Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.
Key Takeaways AMT's nearly 149,000 communication sites position it to capture 4G/5G and data demand.AMT's Q1 2026 data center revenues rose to $289M; 2026 revenue outlook implies 12.5% growth.AMT had $10.4B liquidity, mostly fixed-rate debt, and raised its quarterly dividend 5.3% YoY. American Tower (AMT - Free Report) owns a diversified communications real estate portfolio across the United States, Europe, Latin America, Africa and select Asia-Pacific markets, with long-term tenant leases that include contractual rent escalators.
Carrier investment in 4G and 5G networks, alongside rising mobile data usage, fixed wireless access and growing cloud-computing and AI workloads, should sustain amendment and colocation activity over time. The company maintains access to capital and returns cash to shareholders through dividends and selective buybacks.
Shares of this Zacks Rank #2 (Buy) company have gained 4.4% over the past three months compared with the industry's growth of 3.8%. Given the strength of its fundamentals, there seems to be additional room for this stock’s growth.
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Factors That Make American Tower a Solid PickFavorable Industry Tailwinds: The advancement in mobile technology, such as 4G and 5G, and the proliferation of bandwidth-intensive applications, propel growth in mobile data usage globally. Amid this, wireless service providers and carriers have been deploying additional equipment for existing networks to enhance network coverage and capacity. Given its portfolio of nearly 149,000 communication sites worldwide, American Tower is strategically positioned to capture this incremental demand.
Long Term Leases: American Tower generates most of its revenues from non-cancellable, long-term tenant leases on its communications sites with major wireless carriers. These leases typically have an initial term of five to 10 years with multiple renewal options. Most leases have provisions that periodically increase rent, typically annually. This arrangement brings in revenue stability for AMT.
Data Center Boom: With growth in cloud computing, the Internet of Things and big data, more enterprises are using third-party data center capacity. In first-quarter 2026, AMT’s data center property revenues increased to $289 million from $244 million, and management cited higher demand tied to hybrid and multicloud deployments, AI-related use cases and greater interconnection activity. For full-year 2026, management expects data center property revenues of $1.175-$1.195 billion, implying about 12.5% growth year over year, and plans roughly $695 million of development spend.
Robust Balance Sheet: American Tower has a robust operating platform and ample liquidity to support its debt servicing. As of March 31, 2026, the company had $10.4 billion in total liquidity. Debt remained largely fixed-rate at 94% and 6% floating as of March 31, 2026, and the weighted average remaining term was 5.1 years. As of the end of the first quarter of 2026, it enjoyed the investment-grade credit ratings of BBB+ from S&P, BBB+ from Fitch and Baa2 from Moody’s, all with stable outlooks. This enables the company to borrow at a favorable rate.
Sustainable Dividend Payout: American Tower has a disciplined capital distribution strategy and remains committed to increasing shareholder value through regular dividend hikes. In March 2026, it raised its quarterly cash distribution to $1.79 per share, up 5.3% year over year. It has increased its dividend 12 times in the past five years, with an annualized dividend growth rate of 5.84%. Backed by robust operating fundamentals, we expect the company’s dividend distribution to be sustainable in the upcoming period.
Other Stocks to ConsiderSome other top-ranked stocks from the broader REIT sector are Lamar Advertising (LAMR - Free Report) and Vornado Realty Trust (VNO - Free Report) , each carrying a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for LAMR’s 2026 FFO per share has been revised upward 2.2% to $8.81 over the past two months.
The consensus estimate for VNO’s 2026 FFO per share has been revised up marginally over the past month to $2.34.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
TORONTO, ON / ACCESS Newswire / June 11, 2026 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust", "AMT" or the "Company"), at the request of CIRO, wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.
About AmeriTrust Financial Technologies Inc.
AmeriTrust Financial Technologies Inc., listed on the TSXV, OTCQB, and Frankfurt markets, is a finance solution and fintech provider disrupting the automotive industry. AmeriTrust's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, and funders. AmeriTrust's platform is being made available across the United States.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.
For further information, please visit the AmeriTrust website or contact:
Shibu Abraham
Chief Financial Officer and Director
E: [email protected]
P: 1-800-600-6872
In the latest trading session, American Tower (AMT - Free Report) closed at $189.31, marking a -1.66% move from the previous day. This change lagged the S&P 500's daily gain of 1.75%. On the other hand, the Dow registered a gain of 1.86%, and the technology-centric Nasdaq increased by 2.54%.
Coming into today, shares of the wireless communications infrastructure company had gained 10.72% in the past month. In that same time, the Finance sector gained 0.12%, while the S&P 500 lost 1.63%.
Analysts and investors alike will be keeping a close eye on the performance of American Tower in its upcoming earnings disclosure. The company is expected to report EPS of $2.69, up 3.46% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $2.71 billion, showing a 3.09% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.95 per share and a revenue of $10.91 billion, signifying shifts of +1.77% and +2.53%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for American Tower. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, American Tower possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, American Tower is currently exchanging hands at a Forward P/E ratio of 17.59. This represents a premium compared to its industry average Forward P/E of 13.35.
It's also important to note that AMT currently trades at a PEG ratio of 0.78. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.41 at yesterday's closing price.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
