American Tower (AMT)
NYSEReal EstateReit - SpecialtySnapshot 2026-11-05
$193.99-0.45%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - SpecialtySnapshot 2026-11-05
QuarterlyIQ Insights · AMT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 14.8% |
| Our one-year growth estimate | diamond | 3.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the US dollar.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 11.8 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 8 industry peers · Company calendar date is not available
AMT — capital allocation — Creation of a Direct Financial Obligation or an Obligation under an Off-Balan…
Dated 2026-09-14
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Please refer to the discussion under
Why it matters: AFFO per share tracks cash earnings available to common stockholders. A result above the range would beat current guidance.
Supportive ifFull-year 2026 AFFO per share is above $11.16, the top of the current outlook range.
Worry ifFull-year 2026 AFFO per share is below $11.04, the bottom of the current outlook range.
Why it matters: AMT reported net leverage of 4.9x while expanding its share repurchase plan. A lower ratio would show debt falling against earnings.
Supportive ifA later report shows net leverage below 4.9x.
Worry ifA later report shows net leverage above 4.9x.
Why it matters: The sale would complete a stated portfolio change and bring in about C$288 million. A delay would leave the deal open.
Watch forAMT reports that it sold its Canadian subsidiaries by December 31, 2026.
Also watch forThe sale has not closed by December 31, 2026, or AMT reports that it will not proceed.
Why it matters: Data centers drove the latest outlook increase. Revenue above the range would add to that growth signal.
Supportive ifFull-year 2026 Data Centers property revenue is above $1,228 million, the top of the current range.
Worry ifFull-year 2026 Data Centers property revenue is under $1,218 million, the low end of the current range.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$92 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $299 loss on $10,000 · 3.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,694 loss on $10,000 · 16.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.