American Tower (NYSE:AMT) Issues FY 2025 Earnings Guidance

American Tower (NYSE:AMT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 10.310-10.500 for the period, compared to the consensus earnings per share estimate of 10.460. The company issued revenue guidance of -. American Tower also updated its FY25 guidance to $10.31 to $10.50 EPS.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Morgan Stanley decreased their price target on shares of American Tower from $219.00 to $213.00 and set an “equal weight” rating on the stock in a report on Monday. Barclays decreased their target price on shares of American Tower from $215.00 to $214.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. Wells Fargo & Company dropped their price target on American Tower from $215.00 to $195.00 and set an “equal weight” rating for the company in a research note on Thursday, January 23rd. Mizuho reduced their price objective on American Tower from $221.00 to $204.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Finally, Citizens Jmp upgraded American Tower to a “strong-buy” rating in a research report on Monday, January 27th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $227.00.

American Tower Price Performance

NYSE AMT traded down $0.80 during trading hours on Wednesday, hitting $202.95. The company had a trading volume of 198,385 shares, compared to its average volume of 2,211,228. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a market capitalization of $94.84 billion, a price-to-earnings ratio of 85.65, a PEG ratio of 1.29 and a beta of 0.84. American Tower has a 52 week low of $170.46 and a 52 week high of $243.56. The firm has a 50 day simple moving average of $185.84 and a 200 day simple moving average of $207.01.

American Tower (NYSE:AMT) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $2.62 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.83. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.51 billion. American Tower had a net margin of 10.05% and a return on equity of 22.01%. American Tower’s revenue was up 3.7% compared to the same quarter last year. During the same period last year, the business earned $2.29 earnings per share. Equities research analysts expect that American Tower will post 10.14 earnings per share for the current year.

American Tower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, December 27th were issued a $1.62 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $6.48 annualized dividend and a dividend yield of 3.19%. American Tower’s payout ratio is currently 273.42%.

Insider Buying and Selling

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

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 over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.