AMT
American Tower CorporationReal EstateREIT - SpecialtyQuality
$177.37 · 15min delay
β 0.90A high-quality large-cap compounder trading near fair value. Frameworks sharply disagree on it.
52-wk low $165.0852-wk high $234.33
Mkt Cap
$82.64B
P/E
—
PEG
1.85
P/B
23.46
Dividend
3.88%
ROE
30.0%
About the business
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware, USA.
Who would buy AMT?
Consensus 23/100 · Mixed · Investors are split.
1 7 7
Endorses
· 1 framework- AQR / Asness· Quality Factor86/100
ROE > 20% 30.0% clears "> 20.0%".
Rejects
· 3 frameworks- Walter Schloss· Schloss Deep Value0/100
P/B < 1.0 (below book) is 23.46× — fails "< 1.00×".
- Seth Klarman
Insider activity · Mixed
Open-market buying concentrated in one insider
Strength 35/100
Buying is limited to a single filer (KALATHUR RAJESH, $495K). Single-insider buys are worth noting but carry less weight than broad-based conviction — they can reflect an outlier view rather than a shared read inside the C-suite. Over the 6M window, insiders are net buyers by 139,857 shares.
- Buying concentrated in one filer — lower conviction signal.
In Prism's context
Insider activity is inconclusive here. The stock's case should lean on the framework verdict (Fails criteria, score 23/100) and the archetype read (Quality).
| Insider | Role | Type | Date | Shares | Avg price | Value | Own |
|---|---|---|---|---|---|---|---|
| DOWLING RUTH T | Officer | Open-market sell | Apr 29, 2026 | 972 | $178.08 | $173K | Direct |
| MACNAB CRAIG | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| HORMATS ROBERT D. | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| REEVE PAMELA D A | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| SMITH RODNEY M | Chief Financial Officer | Award / grant | Mar 10, 2026 | 10,531 | $0.00 | $0 | Direct |
| REILLY EUGENE F | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| KALATHUR RAJESH | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| KALATHUR RAJESH | Director | Open-market buy | Mar 10, 2026 | 2,671 | $185.30 | $495K | Direct |
| LIEBLEIN GRACE D | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| RAY NEVILLE R. | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| CHAMBLISS KELLY C. | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| FONT JUAN HERNANDEZ | Officer | Award / grant | Mar 10, 2026 | 8,060 | $0.00 | $0 | Direct |
| VONDRAN STEVEN OWEN | Chief Executive Officer | Award / grant | Mar 10, 2026 | 20,955 | $0.00 | $0 | Direct |
| FRANK KENNETH R. | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| CLARKE TERESA HILLARY | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| DOWLING RUTH T | General Counsel | Award / grant | Mar 10, 2026 | 6,878 | $0.00 | $0 | Direct |
| NOEL EUGENE M | Chief Operating Officer | Award / grant | Mar 10, 2026 | 8,167 | $0.00 | $0 | Direct |
| ROSSI RICHARD C | Officer | Award / grant | Mar 10, 2026 | 6,448 | $0.00 | $0 | Direct |
| MEYER ROBERT JOSEPH JR | Officer | Award / grant | Mar 10, 2026 | 4,030 | $0.00 | $0 | Direct |
| TANNER BRUCE L | Director | Award / grant | Mar 10, 2026 | 1,209 | $0.00 | $0 | Direct |
| VONDRAN STEVEN OWEN | Chief Executive Officer | Open-market sell | Mar 4, 2026 | 33,482 | $188.46 | $6.31M | Direct |
| VONDRAN STEVEN OWEN | Chief Executive Officer | Option exercise | Mar 4, 2026 | 33,482 | $94.71 | $3.17M | Direct |
| DOWLING RUTH T | General Counsel | Open-market sell | Mar 4, 2026 | 682 | $188.51 | $129K | Direct |
| NOEL EUGENE M | Chief Operating Officer | Open-market sell | Mar 2, 2026 | 41,209 | $191.05 | $7.87M | Direct |
| NOEL EUGENE M | Chief Operating Officer | Option exercise | Mar 2, 2026 | 41,209 | $94.71 | $3.90M | Direct |
| DOWLING RUTH T | General Counsel | Open-market sell | Feb 27, 2026 | 656 | $186.16 | $122K | Direct |
| MEYER ROBERT JOSEPH JR | Officer | Open-market sell | Feb 27, 2026 | 4,454 | $186.73 | $832K | Direct |
| SMITH RODNEY M | Chief Financial Officer | Award / grant | Feb 25, 2026 | 21,425 | $0.00 | $0 | Direct |
| VONDRAN STEVEN OWEN | Chief Executive Officer | Award / grant | Feb 25, 2026 | 24,626 | $0.00 | $0 | Direct |
| DOWLING RUTH T | General Counsel | Award / grant | Feb 25, 2026 | 11,083 | $0.00 | $0 | Direct |
| SMITH RODNEY M | Chief Financial Officer | Open-market sell | Feb 17, 2026 | 34,341 | $192.09 | $6.60M | Direct |
| SMITH RODNEY M | Chief Financial Officer | Option exercise | Feb 17, 2026 | 34,341 | $94.71 | $3.25M | Direct |
Insider activity from Yahoo Finance (quoteSummary: insiderTransactions + netSharePurchaseActivity). Cached 6 hours. · Insiders hold 0.1% of shares outstanding.
Net 6M: +139,857 sh
Price history
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Drag across the chart to select a custom period — all analysis below refocuses to that window.
What this means: Price near 52-week lows confirms what most frameworks are already flagging: the market is discounting deteriorating fundamentals.
What would AMT do to your portfolio?
Add American Tower Corporation at a hypothetical weight and Prism recalculates your whole book:
Risk metrics
Sharpe, Sortino, volatility, max drawdown, beta — before and after.
Sector concentration
How much this shifts your top sector weight and overall diversification.
Archetype tilt
Whether this leans your book more toward Quality, Value, Growth, Deep Value, Income, or Momentum.
AMT is currently tagged:QualityFails criteria (23/100)
Portfolio analytics are part of the member experience.
Sign in to run this simulationProbabilistic recommendation· rec-v1.0.0-2026-04
American Tower Corporation · AMT
AMT: 47% estimated probability of outperforming over the next 12M window. 1 of 6 signal families negative (medium confidence). Strongest support: ROE 30%. Main risk to monitor: 30% above fair value.
Outperform prob.
47%
vs S&P 500 · 12M
Expected return
-2.9% → +21.1%
mid +9.1% / yr
Downside (p20)
-14.8%
stress -29.6%
Data quality
95/100
Excellent
Probabilistic research output, not financial advice. Prism recommendations are based on available data, historical relationships, and model assumptions. They do not guarantee future returns. Conduct independent due diligence before any investment decision.
Backtested and similar-setup statistics may be affected by survivorship bias, look-ahead bias, overfitting, transaction costs, liquidity constraints, and data limitations. Probability estimates are anchored heuristics — not validated forecasts — until the walk-forward backtest pipeline is in place.
Prism Score
Composite 54/100. Strongest contribution from quality; weakest from valuation. Risk patterns shaved 4 points off the composite.
Composite
54
/ 100
Deep valueval.
37/ 100
P/B 23.46× · FCF yield 5.6%
Margin of safetyval.
30/ 100
30% above fair value
Bull · base · bear scenarios
Three plausible paths over a 5-year horizon.
Indicative only. Probabilities are model-implied weights for stress-testing — not forecasts.
Bull
~25%$177.97
+0.1% / yr (5y)
Operating leverage kicks in or a new product line scales — margins inflect higher, growth steps up by 200–400 bps, and the multiple re-rates as the durability becomes obvious to a wider audience.
Drivers
- • Margin expands by 200–400 bps from 46%
- • Top-line accelerates 300–500 bps above current
- • Multiple re-rates one full turn higher
Base
~55%$136.90
-5.0% / yr (5y)
Business continues to compound at recent rates — 46% operating margin holds, 7% top-line growth persists, capital allocation stays disciplined. Multiple stays roughly where it is.
Global value comparison
American Tower Corporation vs sector medians — GCC, MENA, and Global ex-US.
Sector: Real Estate. MENA-aware investors can sanity-check whether the US name is offering value relative to regional peers.
| Metric | AMT | GCC median | MENA median | Global ex-US |
|---|---|---|---|---|
| P/E (TTM) | — | 9.8× | — | 19.0× |
| P/B | 23.46× | 0.90× | — | 1.40× |
| Dividend yield | 3.88% | 4.00% | — | 4.20% |
| ROE | 30.0% |
Earnings reaction explainer
AMT blew past estimates by 19.7%.
Reported EPS $1.84 vs $1.54 expected — well outside the normal beat-and-raise band. The market typically rewards a print this size only if it is read as durable, not one-off. Trailing operating margin: 45.9%.
- Growth investorsPositive
Confirms operating leverage — 77% trailing EPS growth + a beat of this size is the pattern that drives multi-year re-rates.
- Quality investorsPositive
If ROE (30%) and operating margin (46%) are stable or rising, the beat is consistent with compounding rather than one-off.
- Value investorsNeutral
A blow-out can pull future quarters forward — value investors will look for sustained margin, not a single-quarter spike.
News & events
Next earnings
Tue, Jul 28 · consensus EPS $1.54 · last actual $1.84
Key Metrics at a Glance
P/E Ratio (TTM)
N/A
PEG Ratio
1.85
P/B Ratio
23.46
EPS Growth
76.9%
Revenue Growth
6.8%
Debt / Equity
4.45
Net Cash / Share
$-93.42
Return on Equity
30.0%
Gross Margin
74.0%
Operating Margin
45.9%
FCF / Share
$9.90
Current Ratio
0.30