Insider buying last 90 days
$501Kin 1 open-market purchase
| Filed | Insider | Type | Value |
|---|---|---|---|
| Aug 25 | Kalathur Rajesh director | Purchase | $501K |
From Form 4 filings, dated to when each was filed.
American Tower (AMT) Stock Analysis & Forecast
$173.98−1.60 (−0.9%)
Close on Sep 18, 2026. Page updated Sep 19, 9:18 pm ET.
Gekko Brief
AI summaryAmerican Tower closes at $173.98, down 0.9%, with the price sitting between its 50-day average of $172.82 and its 200-day average of $177.47. The GekkoIndex reads 59.3, placing the stock in the Neutral zone, while the gap to Gekko Fair Value of $199.55 stands at -12.8%.
This week's news centers on corporate governance and capital returns rather than operating results. American Tower declared a quarterly cash distribution of $1.79 per share, payable 20 October to holders of record as of 30 September, continuing a 12-year dividend increase history against a payout ratio noted at 100% of earnings. The board also elected Kristen M. Ludgate, formerly of HP Inc. and 3M Company, to serve on committees including Compensation and Human Capital and Audit. Separately, the company priced $1.6 billion in senior notes across 2031, 2033, and 2036 maturities, carrying combined annual coupons of $88.8 million.
Looking ahead, the next earnings date falls on 27 October, 37 days out and beyond a typical 20-trading-day hold, with the last report on 28 July showing EPS of $2.71 against a $2.65 estimate and a 7.5% reaction, part of a streak of 5 beats in 8 quarters. Over the last 90 days, one open-market insider purchase totaling $500,733 has been recorded. Seasonality over the next 20 trading days has averaged -8.1% across 5 years, with 0 of those years positive, a pattern worth noting alongside the current 24% consensus upside implied by analyst price targets.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $173.98200-day averageGekko Fair Value $199.55
Key stats
- Market cap
- $81.07B
- P/E ratio
- 24.3
- Forward P/E
- 25.5
- EPS, TTM
- $7.23
- Revenue, TTM
- $10.94B
- Profit margin
- 31.1%
- Dividend yield
- 3.96%
- Beta
- 0.90
- Volume
- 3.60M avg 2.14M
- 1-year return
- −11.8%
- Typical daily move
- ±2.3%
- Typical 20-day move
- ±5.2%
- 50-day average
- $172.82
- 200-day average
- $177.47
- Next earnings
- Oct 27 before open
- Shares outstanding
- 466.0M
American Tower swing-trade checklist
American Tower scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed1 headwind
- Trendmixed
Averages disagree
Close $173.98 sits between the 50-day ($172.82) and 200-day ($177.47) averages, or the averages disagree.
See the chart - GekkoIndexmixed
59.3, Neutral
Reading 59.3 is in the Neutral zone.
See the GekkoIndex - Fair valuesupportive
12.8% below
Price is 12.8% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: 1 open-market insider purchase.
See smart money - Earnings risksupportive
Reports in 37 days
Next report Oct 27, 2026, 37 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−8.1% on average
From this point in the calendar, the next 20 trading days averaged −8.1% over 5 years, rising in 0 of them.
See seasonality
A description of current data, not a recommendation. How this page works
American Tower stock chart and price history
American Tower closed at $173.98 on Sep 18, 2026, −11.8% over the past year, inside a 52-week range of $160.06 to $197.41.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −0.3%
- 3 months
- −1.2%
- 6 months
- −4.8%
- 1 year
- −11.8%
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About American Tower
American Tower operates communications real estate, owning and running sites that host equipment for multiple tenants at once. Its core activity is renting out space on these structures to wireless carriers, broadcasters, wireless data operators, and government and municipal bodies, alongside a data center business. This leasing work, which the company groups together as its property operations, is what it is chiefly known for.
Beyond leasing, American Tower runs a services arm within the United States that supports customers looking to add equipment or new tenants to its sites. This includes handling site applications, zoning and permitting, structural and mount reviews, construction oversight, and broader program management for deployment projects. These services exist mainly to reinforce the leasing business, and the company's customers span tenants, licensees, and other parties who pay for use of its infrastructure.
American Tower was incorporated in Delaware in 1995 and has its base in Boston, Massachusetts. Its shares trade under the ticker AMT.
- Sector
- Finance
- Website
- americantower.com
American Tower GekkoIndex: the smart money zone
American Tower’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 59.3, in the Neutral zone, up 2.7 points over five sessions.
59.3Neutral
Up 2.7 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 31 | −0.3% | +1.8% | ||
| Accumulation | 221 | +0.2% | −0.3% | ||
| Neutral (current zone) | 344 | −0.1% | 0.0% | ||
| Distribution | 19 | +0.3% | +0.8% | ||
| Selling | 0 | Not available | |||
Average AMT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the AMT price, zone by zone.Track AMT in Gekko
Is American Tower stock overvalued? Gekko Fair Value
American Tower trades 12.8% below Gekko Fair Value of $199.55, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what American Tower shares are worth, recalculated every trading day.
$199.55
Gekko Fair Value, Sep 19, 2026
12.8% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open AMT in Gekko
American Tower insider and Congress trading
Insiders filed 1 open-market purchase in American Tower worth $501K, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in AMT were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for AMT, plotted on the chart in Gekko.Open AMT in Gekko
Buybacks
American Tower has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $26.70M
- As a share of market cap
- 0.03%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
2of the funds Gekko tracks hold AMT.
0added0opened2trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
American Tower earnings: next date and track record
American Tower reports on Oct 27, 2026, before the open (37 days away), and beat the EPS estimate in 5 of its last 8 reports.
Next earnings report
Oct 27, 2026
Expected before the open, 37 days away
- EPS estimate
- $1.64
- Revenue estimate
- $2.76B
5 of 8reports beat the EPS estimate
±5.1%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 28, 2026 AI summary
- What they said
- American Tower reported a strong Q2 2026 driven by robust global leasing demand, record performance at CoreSite (data centers), and operational discipline. Management raised the full-year outlook for the second time in 2026 and emphasized secular tailwinds (mobile data growth, 5G/6G spectrum, AI-driven workloads, cloud adoption). Key financials highlighted: consolidated property revenue grew >5% YoY excluding noncash and FX impacts, tenant billings organic growth ~2% (or ~4% excluding one-time DISH churn), CoreSite cash revenue growth ~12%, adjusted EBITDA growth >3% (or >6% excluding DISH churn and FX), and normalized AFFO per share growth >5% FX-neutral excluding DISH and refinancing costs. Management reiterated capital allocation priorities: support and grow the dividend (~$3.3 billion payout target / ~5% growth), internal capex ~$1.9 billion (85% to developed markets; ~$700 million to data centers), M&A selective, and a $2 billion buyback program (about $600 million used, ~$200 million allocated in 2026 YTD). They expect the CoreSite JV convertible to convert in Q3, moving Stonepeak's stake to ~36% (AMT ~64%). Management framed 2026 as an inflection/trough year for AFFO per share because of one-time headwinds (notably DISH churn and refinancing costs) but expects mid-single to upper-single digit AFFO per share growth over time once those normalize.
- Guidance
- Raised full-year outlook: targeting ~4% organic tenant billings growth across global tower business (ex one-time DISH impacts). Raised data center business revenue growth outlook to ~15%. 2026 AFFO per share guidance: ~0% growth on an FX-neutral basis (driven by ~400 bps DISH churn headwind, ~150 bps refinancing headwind, and services step-down); normalized for nonrecurring headwinds, management expects ~7% AFFO per share growth on an FX-neutral basis. Internal capex ~ $1.9 billion (85% to developed markets; ~$700 million to data centers). Dividend policy: aim to distribute ~100% of REIT taxable income (~$3.3 billion payout, ~5% growth). Share buyback program: $2 billion authorized, ~$600 million used to date, ~$200 million allocated in 2026 YTD. CoreSite JV convertible expected to convert in Q3, changing ownership stakes (AMT ~64%, Stonepeak ~36%).
- Risks flagged
- DISH-related churn (noted as a meaningful ~400 bps headwind), refinancing costs and related headwinds (~150 bps), reduction in services revenue (from $340M to $240M causing ~1% headwind), FX volatility (management cited FX adjustments and tailwinds), macro/market uncertainties mentioned in safe-harbor/SEC filings, potential delays or changes in carrier deployment cadence, and capital allocation risks (need to preserve balance sheet strength and manage rates/floating rate exposure).
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 28, 2026 | $2.71 est $2.65 | $2.75B est $2.70B | +7.5% |
| Apr 28, 2026 | $1.84 est $1.57 | $2.74B est $2.66B | +1.6% |
| Feb 24, 2026 | $1.75 est $1.48 | $2.74B est $2.69B | −4.0% |
| Oct 28, 2025 | $1.82 est $1.65 | $2.72B est $2.69B | −5.6% |
| Jul 29, 2025 | $0.78 est $1.66 | $2.63B est $2.66B | −6.9% |
| Apr 29, 2025 | $1.04 est $1.57 | $2.56B est $2.57B | +6.7% |
| Feb 25, 2025 | $2.62 est $1.57 | $2.55B est $2.55B | +4.5% |
| Oct 29, 2024 | $0.89 est $1.57 | $2.52B est $2.52B | −3.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
American Tower stock forecast and analyst price targets
Analysts’ average 12-month price target for American Tower is $215.70, +24.0% from the last close, from 15 firms rating the stock in the last 90 days.
$215.70consensus 12-month target, +24.0% from the last close
Now $173.98Avg $215.70
Low $188High $248
Each firm’s latest rating in the last 90 days: 15 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 14 | Bernstein | $214 | +23.0% |
| Aug 31 | Bernstein | $214 | +23.0% |
| Aug 21 | Bernstein | $214 | +23.0% |
| Aug 20 | Barclays | $198 | +13.8% |
| Aug 20 | Mizuho Securities | $208 | +19.6% |
0.0%average 20-day move after past Neutral readings
−8.1%average move over the next 20 trading days in the last 5 years
±2.3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
American Tower seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, American Tower averaged −8.1% across the last 5 years, rising in 0 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −4.8% | 1 of 5 |
| Next 10 trading days | −7.1% | 0 of 5 |
| Next 15 trading days | −10.8% | 0 of 5 |
| Next 20 trading days | −8.1% | 0 of 5 |
| Next 30 trading days | −7.2% | 1 of 5 |
For scale, AMT’s typical 20-trading-day move in either direction is about 5.2%.
American Tower market cap and key statistics
American Tower’s market cap is $81.07B, with a P/E ratio of 24.3 and revenue of $10.94B over the last twelve months.
Valuation
- Market cap
- $81.07B
- P/E ratio
- 24.3
- Forward P/E
- 25.5
- EPS, TTM
- $7.23
- Gekko Fair Value
- $199.55
Trading
- Volume
- 3.60M
- Avg volume, 20 days
- 2.14M
- 52-week high
- $197.41
- 52-week low
- $160.06
- Shares outstanding
- 466.0M
Financials
- Revenue, TTM
- $10.94B
- Profit margin
- 31.1%
- Return on equity
- 33.9%
- Quarterly earnings growth, YoY
- +138.5%
Risk and income
- Beta
- 0.90
- Typical daily move
- ±2.3%
- Typical 20-day move
- ±5.2%
- Dividend yield
- 3.96%
American Tower stock news this week
Coverage of American Tower this week reads positive: 13 positive, 4 neutral and 0 negative headlines.
- American Tower Corporation (NYSE:AMT) to Issue Quarterly Dividend of $1.79MarketBeat, Sep 18
- American Tower Appoints Kristen M. Ludgate to Board and Announces $1.79 Per Share Cash DistributionKalkine Media, Sep 18
- American Tower Corporation Announces Election of Kristen M. Ludgate to Board of Directors and Declares Quarterly Distribution01net, Sep 18
- American Tower Corporation Declares Quarterly Cash Distribution, Payable on October 20, 2026marketscreener.com, Sep 18
- American Tower adds Ludgate to board, declares dividendInvesting.com, Sep 18
- Press Release: American Tower Corporation Announces Election of Kristen M. Ludgate to Board of Directors and Declares Quarterly DistributionMoomoo, Sep 18
American Tower stock FAQ
What is American Tower’s market cap?
American Tower’s market cap is $81.07B at the Sep 18, 2026 close of $173.98, with 466.0M shares outstanding. The shares trade on a P/E ratio of 24.3.
What is the American Tower stock forecast?
The consensus analyst 12-month price target for American Tower is $215.70, +24.0% from the last close. Of the 15 firms that rated the stock in the last 90 days, 13 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is American Tower stock overvalued or undervalued?
On Gekko’s estimate American Tower is undervalued: the Sep 18, 2026 close of $173.98 is 12.8% below Gekko Fair Value of $199.55. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does American Tower report earnings next?
American Tower is expected to report on Oct 27, 2026, before the market opens (37 days away). Analysts expect earnings of $1.64 per share on revenue of $2.76B. American Tower beat the earnings estimate in 5 of its last 8 reports, moving 5.1% on average across the report.
What is American Tower’s 52-week high and low?
American Tower’s 52-week high is $197.41 and its 52-week low is $160.06; it closed at $173.98 on Sep 18, 2026, −11.8% over the past year.
Is American Tower stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (fair value, smart money and earnings risk), 2 as mixed (trend and gekkoindex) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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