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 announced that CRN®—a brand of The Channel Company—has selected Maile Kaiser, Chief Revenue Officer at CoreSite, for inclusion on the prestigious 2026 CRN® Channel Chiefs list. This annual recognition celebrates IT vendor and distribution executives who are shaping channel strategy and driving innovat. ...

With a market cap of $81.1 billion, American Tower Corporation (AMT) is a leading global real estate investment trust (REIT) that owns, operates, and leases wireless and broadcast communications infrastructure, primarily cell towers and related sites. The Boston, Massachusetts-based company’s core business is providing space on its towers to mobile network operators, enabling companies like telecom carriers to deploy and expand their wireless networks without building their own infrastructure. AMT operates ...

AI stocks have been the hot trade over the past year. That's due to surging demand for chips by companies building AI models and applications. However, chips and related hardware are only part of the AI story. Companies need infrastructure to house all this high-tech hardware and transmit all their AI-related data. That plays right into American Tower's (NYSE: AMT) strategy. The infrastructure REIT is quietly building data centers to support AI workloads. In doing so, it's about to become Wall Street's sec ...

Company Performance - American Tower (AMT) stock decreased by 1.42% to $177.51, which is a smaller decline compared to the S&P 500's loss of 0.01% [1] - Over the past month, AMT shares have increased by 1.9%, while the Finance sector has decreased by 0.23% and the S&P 500 has gained 0.78% [1] Upcoming Financial Results - American Tower is set to announce its earnings on February 24, 2026, with analysts expecting earnings of $2.54 per share, reflecting a year-over-year growth of 9.48% [2] - The revenue forecast for the upcoming quarter is $2.68 billion, indicating a growth of 5.05% compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $10.67 per share, showing a growth of 1.23%, while revenue is expected to remain flat at $10.57 billion [3] - Changes in analyst estimates are crucial as they often indicate shifts in short-term business dynamics, with positive revisions suggesting analyst optimism [3] Valuation Metrics - American Tower has a Forward P/E ratio of 16.27, which is higher than the industry average Forward P/E of 11.28 [6] - The company has a PEG ratio of 0.72, significantly lower than the average PEG ratio of 2.58 for the REIT and Equity Trust - Other industry [7] Industry Context - The REIT and Equity Trust - Other industry, part of the Finance sector, holds a Zacks Industry Rank of 161, placing it in the bottom 35% of over 250 industries [8] - Historically, industries in the top 50% of the Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [8]

American Tower Corporation (NYSE:AMT) is one of the stocks Jim Cramer answered questions about. Starting the lightning round, a caller sought Cramer’s opinion on the stock, and he commented: Well, American Towers, look, I gotta tell you, there’ve been fewer demand for towers. It’s been slowing down. I think that stock is no longer as investible as it was at one time, especially when James Taiclet ran it. Photo by Adam Nowakowski on Unsplash American Tower Corporation (NYSE:AMT) operates a network of c ...

Industry Overview - Real estate investment trusts (REITs) paid out over $70 billion in dividends in 2024, with expectations for continued growth in 2026 [1] - Prologis and American Tower are predicted to lead the sector in total dividend payments in 2026 [1] Prologis (PLD) - Prologis has a market capitalization of nearly $120 billion and paid almost $3.9 billion in dividends last year, supported by $5.6 billion in core funds from operations (FFO) [2] - The current quarterly dividend is $1.01 per share, annualized to $4.04, with a 5% increase implemented last February [3] - Prologis expects core FFO per share to rise from $5.86 last year to a range of $6.05 to $6.25 in 2026, indicating a 3% to 7% increase [5] - A further 5% dividend increase is anticipated in 2026, leading to an estimated total payout of around $4.1 billion [5] American Tower (AMT) - American Tower has a market capitalization of nearly $84 billion and currently pays $1.70 per share in dividends, totaling about $3.2 billion annually [6] - The company generated $984 million in free cash flow after capital expenditures in the third quarter, indicating strong cash flow to support dividends [6] - American Tower aims for mid-single digit annual dividend growth and is expected to raise its dividend by about 5% this year, increasing total outlay to nearly $3.4 billion [11]

American Tower Corporation (NYSE:AMT) is one of the 12 Best 5G Stocks to Invest in According to Hedge Funds. On January 20, UBS reduced its price target on American Tower Corporation (NYSE:AMT) from $260 to $254 and kept its Buy rating. The firm believes that the risk-reward outlook for tower companies looks favorable in 2026. Previously, on January 9, BMO Capital downgraded its rating on American Tower Corporation (NYSE:AMT) from Outperform to Market Perform and reduced its price target from $210 to $185 ...

Group 1 - American Tower Corporation (NYSE:AMT) is favored by hedge funds and has received an Outperform rating from Scotiabank, with a revised price target of $220, indicating a potential upside of almost 20% [1][2] - JPMorgan has maintained an Overweight rating on AMT, but has revised its price target down to $245 due to uncertainties related to EchoStar, while still projecting a 33.5% upside [3] - AMT manages a diverse portfolio of multitenant communications infrastructure assets, including data centers, communication sites, and cell towers across multiple regions including Africa, the Americas, Asia, and Europe [4] Group 2 - Scotiabank's outlook on the U.S. Real Estate & REITs segment reflects sound investor demand for multifamily and self-storage assets, supported by favorable projections for 2026 [2]

Company Overview - American Tower Corporation (AMT) has a market cap of $85.9 billion and is a leading independent owner, operator, and developer of multitenant communications real estate, managing nearly 149,000 communications sites globally [1] Financial Performance - Analysts project AMT to report an AFFO of $2.47 per share for fiscal Q4 2025, reflecting a 6.5% increase from $2.32 per share in the same quarter last year [2] - For fiscal 2025, the forecasted AFFO is $10.30 per share, down 2.3% from $10.54 per share in fiscal 2024, but expected to grow to $10.78 per share in fiscal 2026, a year-over-year increase of 4.7% [3] Stock Performance - Over the past 52 weeks, AMT shares have declined by 3.4%, underperforming the S&P 500 Index's gain of 16.9% and the State Street Real Estate Select Sector SPDR ETF's rise of 2.7% [4] - Despite reporting better-than-expected Q3 2025 AFFO of $2.78 per share and revenues of $2.72 billion, AMT's shares fell by 3.7% due to flat property revenue in the U.S. and Canada and a modest overall property segment increase [5] Analyst Ratings - The consensus view on AMT stock is cautiously optimistic, with a "Moderate Buy" rating. Among 22 analysts, 14 suggest a "Strong Buy," one a "Moderate Buy," and seven recommend a "Hold" [6] - The average analyst price target for American Tower is $219.25, indicating a potential upside of 19.4% from current levels [6]

Core Viewpoint - American Tower Corporation (NYSE:AMT) is identified as a potentially attractive investment despite recent price target reductions by analysts, reflecting a mixed outlook for the real estate investment trust (REIT) sector [1][3]. Group 1: Analyst Ratings and Price Targets - Mizuho has lowered its price target for American Tower's stock from $217 to $189 while maintaining a "Neutral" rating, citing a mixed macroeconomic backdrop and rich valuations compared to fixed income alternatives [1]. - JPMorgan has also reduced its price target for American Tower from $250 to $245, while keeping an "Overweight" rating, indicating a more conservative approach due to potential impacts from EchoStar [3]. Group 2: Market Conditions and Outlook - The supply/demand fundamentals for American Tower are improving, but a slowing economy poses risks for fiscal year 2026 [2]. - Mizuho's adjustments reflect a broader trend in the REIT sector, with an "Equal-Weight" rating on REITs for 2026, suggesting a cautious outlook [1].