AMT
American TowerNYSEReal EstateReit - SpecialtySnapshot 2026-05-08
As of May 8, 2026, AMT has a composite score of 17.7 and a signal label of "mild favorable." This score is influenced by a medium confidence level of 73.7 and various factors, including a macro score of 26.3 and a sector score of 16.1. The top drivers affecting the score include macroeconomic factors such as rates, growth, labor, and inflation. The assessment is provisional.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)-0.46
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $1.60 → $1.54 (-3.9% / 30d). 1 raised, 7 cut, 8 covering analysts.
1 upgrade, 0 downgrades / 30d, 6 maintained. 72% of analysts rate Buy.
4 PT revisions / 30d. Avg target 21.1% above current price.
1 positive, 1 negative / 30d. See F4 management tile for the event list.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
14 material events in the last 24 months — top 5 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Focus on capital allocationcapital allocationbehind30% progress
2/24: “CEO: 'We are focused on durable revenue growth, advancing our new cost efficiency initiatives, and disciplined capital allocation.'”
Why this status
Stated in 4 of last 4 quarters. Operating income was $944.5M in 2025-Q4, indicating a focus on maintaining financial discipline. The recurring emphasis on capital allocation suggests a persistent strategic focus, though limited substantive delivery is evident this quarter.
- 2.Enhance financial performancegrowthbehind10% progress
2/24: “CEO: 'We delivered another strong year, achieving high-single-digit growth in AFFO per Share, as adjusted.'”
Why this status
Stated in 3 of last 3 quarters. AFFO attributable to AMT common stockholders increased 13.1% in 2025-Q4, reflecting efforts to enhance financial performance. The consistent focus on financial growth is delivering results, as evidenced by the AFFO increase.
- 3.Manage executive transitionstalentmixed67% progress
3/10: “Material event: 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.'”
Why this status
Stated in 2 of last 2 quarters. Executive transitions have been a focus, with multiple departures and appointments noted. While leadership changes are ongoing, the impact on operational continuity remains to be fully assessed.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 23%; 252d 24%.
Drawdown — Max 1y −27%. Bad day move −3%.
Beta to sector ETF (XLRE) — 1.05 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 61/100, drawdown 47/100, beta 95/100, earnings vol —.
via XLRE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Focus on capital allocation
Capital allocationNew since 2026-05-04Emphasize disciplined capital allocation to enhance financial flexibility and shareholder returns.
Mixed →BehindStated in 4 of last 4 quarters. Operating income was $944.5M in 2025-Q4, indicating a focus on maintaining financial discipline. The recurring emphasis on capital allocation suggests a persistent strategic focus, though limited substantive delivery is evident this quarter.
Operating income was $944.5M in 2025-Q430%CEO/CFO:“CEO: 'We are focused on durable revenue growth, advancing our new cost efficiency initiatives, and disciplined capital allocation.'”Press releaseSource dated 2026-02-24Stated 4 of last 8 quartersFirst seen 2026-05-04Show history (4)
- 2025-Q4Press release
“CEO: '...disciplined capital allocation.'”
- 2025-Q3Press release
“CEO: '...prudently allocating capital.'”
- 2025-Q2Press release
“CEO: '...thoughtful capital allocation strategy.'”
- 2025-Q1Press release
“CEO: '...disciplined capital allocation and balance sheet strength.'”
- #2
Enhance financial performance
GrowthNew since 2026-05-04Improve financial performance through strategic initiatives and operational efficiencies.
BehindStated in 3 of last 3 quarters. AFFO attributable to AMT common stockholders increased 13.1% in 2025-Q4, reflecting efforts to enhance financial performance. The consistent focus on financial growth is delivering results, as evidenced by the AFFO increase.
10%CEO/CFO:“CEO: 'We delivered another strong year, achieving high-single-digit growth in AFFO per Share, as adjusted.'”Press releaseSource dated 2026-02-24Stated 3 of last 8 quartersFirst seen 2026-05-04Show history (3)
- 2025-Q4Press release
“CEO: '...achieving high-single-digit growth in AFFO per Share, as adjusted.'”
- 2025-Q3Press release
“CEO: '...mid-to-high single-digit growth in revenue and Adjusted EBITDA.'”
- 2025-Q2Press release
“CEO: '...solid cash flow conversion enhanced through cost and capital discipline.'”
- #3
Manage executive transitions
TalentNew since 2026-05-04Oversee executive transitions to ensure leadership stability and continuity.
Watch →MixedStated in 2 of last 2 quarters. Executive transitions have been a focus, with multiple departures and appointments noted. While leadership changes are ongoing, the impact on operational continuity remains to be fully assessed.
67%CEO/CFO:“Material event: 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.'”Multiple sourcesSource dated 2026-03-10Stated 2 of last 8 quartersFirst seen 2026-05-04Show history (2)
- 2026-Q1Multiple sources
“Material event: 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.'”
- 2025-Q4Multiple sources
“Material event: 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.'”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Not enough peers to compare yet.
Self-history needs ~20 months of data.
P/E over the last 5 years
0 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
AMT American Tower | +18 | fair | moderate |
WELL Welltower | +7.9 | expensive | low |
PLD Prologis | +10 | full | low |
EQIX Equinix | +22 | fair | moderate |
SPG Simon Property Group | +9.0 | full | low |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If real_estate sector trend rises from +0.00 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter EPS surprise repeats current direction (latest surprise +17.0% on 2026-03-31)+2.4 pts
- If next-quarter guidance is cut (currently RAISED as of 2026-04-28)-16 pts
- If rates state reverses from -0.37 (negative) to +0.37 (positive)-8.0 pts
- If real_estate sector trend falls from +0.00 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-072d agoItem 1.01
Entry into a Material Definitive Agreement. On May 7, 2026, American Tower Corporation (the “Company”) entered into three separate amendment agreements (each an “Amendment” and collectively, the “Amendments”) to amend the agreements for each of its (i) $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated on December 8, 2021, as further amended, with Toronto Dominion (Texas) LLC (“TD”) as Administrative Agent (as defined therein) (the “2021 Multicurren…
capital allocationneutralscore 63 - 2026-04-2811d agoItem 2.02
Results of Operations and Financial Condition. On April 28, 2026, American Tower Corporation (the “Company”) issued a press release (the “Press Release”) announcing financial results for the quarter ended March 31, 2026. A copy of the Press Release is furnished herewith as Exhibit 99.1. Exhibit 99.1 is furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of th…
earnings preannouncementpositivescore 56 - 2026-05-072d agoItem 2.03
by reference. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN TOWER CORPORATION (Registrant) Date: May 7, 2026 By: /s/ Rodney M. Smith Rodney M. Smith Executive Vice President, Chief Financial Officer and Treasurer
capital allocationnegativescore 50 - 2026-03-101mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On March 6, 2026, Robert D. Hormats notified the Corporate Secretary of American Tower Corporation (the “Company”) of his decision to not stand for re-election as a director at the Company’s 2026 Annual Meeting of Stockholders (the “Annual Meeting”). Mr. Hormats’ decision to not stand for re-election did not involve any disagreements with the C…
executive changeneutralscore 20 - 2026-02-272mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) On February 25, 2026, the Compensation and Human Capital Committee (the “Compensation Committee”) of the Board of Directors of American Tower Corporation (the “Company”) considered the compensation arrangements with the Company’s executive officers. The information in the table below sets forth the determinations of the Compensation Committee w…
executive changeneutralscore 16
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.