American Tower (NYSE:AMT) Given New $214.00 Price Target at Scotiabank

American Tower (NYSE:AMT) had its price target reduced by Scotiabank from $220.00 to $214.00 in a research report released on Wednesday morning,Benzinga reports. Scotiabank currently has a sector outperform rating on the real estate investment trust’s stock.

Several other analysts also recently weighed in on the company. New Street Research upgraded American Tower from a “neutral” rating to a “buy” rating and set a $203.00 target price for the company in a research note on Monday, January 5th. Mizuho reduced their price target on American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a report on Monday, January 12th. TD Cowen dropped their price objective on American Tower from $235.00 to $225.00 in a report on Wednesday. BMO Capital Markets upped their target price on American Tower from $185.00 to $200.00 and gave the company a “market perform” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. decreased their price target on shares of American Tower from $250.00 to $245.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $217.63.

American Tower Price Performance

Shares of AMT stock opened at $182.41 on Wednesday. The firm has a fifty day simple moving average of $178.51 and a 200-day simple moving average of $185.77. The company has a market capitalization of $85.39 billion, a PE ratio of 33.84, a price-to-earnings-growth ratio of 0.79 and a beta of 0.93. American Tower has a twelve month low of $166.88 and a twelve month high of $234.33. The company has a current ratio of 0.60, a quick ratio of 0.89 and a debt-to-equity ratio of 3.27.

American Tower Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, December 29th were issued a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, December 29th. American Tower’s payout ratio is 108.63%.

Insider Transactions at American Tower

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of American Tower stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total value of $159,631,314.75. Following the completion of the transaction, the insider owned 211,379 shares of the company’s stock, valued at $14,743,685.25. The trade was a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.17% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Richards Merrill & Peterson Inc. bought a new stake in shares of American Tower during the 4th quarter valued at about $25,000. Oakworth Capital Inc. boosted 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 acquiring an additional 68 shares during the period. Swiss RE Ltd. bought a new position in shares of American Tower during the fourth quarter valued at approximately $25,000. Abound Wealth Management raised its position in shares of American Tower by 137.3% during the 3rd quarter. Abound Wealth Management now owns 140 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 81 shares during the period. Finally, Holos Integrated Wealth LLC bought a new stake in shares of American Tower in the 4th quarter worth approximately $27,000. 92.69% of the stock is currently owned by institutional investors.

Key Headlines Impacting American Tower

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: Q4 operating results showed strength: AFFO/FFO and revenue beat consensus and management highlighted robust leasing demand across towers and accelerating data‑center growth, supporting longer‑term fundamentals. American Tower posts upbeat revenue
• Positive Sentiment: Management updated FY‑2026 outlook and emphasized cost efficiencies and data‑center expansion as offsets to headwinds — a signal that management expects profitable growth if execution holds. Press Release
• Neutral Sentiment: Analyst reactions are mixed: some firms trimmed price targets modestly (Scotiabank, TD Cowen, Morgan Stanley, UBS lowered its target slightly but kept a Buy), while BMO raised its target and kept Market Perform — producing offsetting signals for investors. BMO target update
• Negative Sentiment: Big near‑term negative: DISH Network has defaulted on lease payments, prompting legal action and prompting management to adjust its US tower outlook — the cashflow loss and uncertainty around recovery raise short‑term revenue risk. DISH default story
• Negative Sentiment: Accounting/earnings noise: while AFFO/FFO and revenue beat, a GAAP EPS miss and mixed commentary in some outlets describing 2026 guidance as “light” have sapped confidence and likely contributed to today’s selloff. Earnings report

About American Tower

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.