American Tower Corporation is the #1 Ranked Telecom Tower, operating as a highly profitable real estate investment trust. AMT's business benefits from growing mobile device usage and data demand, driving high profitability and consistent dividend growth. Q1 2025 results were strong, with AFFO and revenue growth, but foreign currency losses impacted performance.
I'm bullish on the tech-enhanced real estate sectors—cell towers, data centers, and industrial REITs—driven by e-commerce and AI growth. My top picks are American Tower, Prologis, and Equinix, forming the 'APE' tech-trifecta for strong returns. Each REIT offers attractive valuations, robust growth prospects, and solid balance sheets, with forecasted annualized returns of 16-20%.
American Tower remains a soft 'buy' due to its industry stability, steady growth, and strong cash flows despite premium valuation. Recent results show modest revenue growth, with data centers and services offsetting flat property revenue and regional currency headwinds. Leverage is lower than peers, and management's guidance points to continued solid cash flow and EBITDA for 2025.
![]() AMT 1 weeks ago Announced | Quarterly | $1.7 Per Share |
![]() AMT 2 months ago Paid | Quarterly | $1.7 Per Share |
![]() AMT 5 months ago Paid | Quarterly | $1.62 Per Share |
![]() AMT 8 months ago Paid | Quarterly | $1.62 Per Share |
![]() AMT 14 Jun 2024 Paid | Quarterly | $1.62 Per Share |
28 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
25 Feb 2025 Date | | 1.57 Cons. EPS | 2.62 EPS |
29 Oct 2024 Date | | 1.57 Cons. EPS | 0.89 EPS |
24 Oct 2024 Date | | 1.55 Cons. EPS | - EPS |
![]() AMT 1 weeks ago Announced | Quarterly | $1.7 Per Share |
![]() AMT 2 months ago Paid | Quarterly | $1.7 Per Share |
![]() AMT 5 months ago Paid | Quarterly | $1.62 Per Share |
![]() AMT 8 months ago Paid | Quarterly | $1.62 Per Share |
![]() AMT 14 Jun 2024 Paid | Quarterly | $1.62 Per Share |
28 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
25 Feb 2025 Date | | 1.57 Cons. EPS | 2.62 EPS |
29 Oct 2024 Date | | 1.57 Cons. EPS | 0.89 EPS |
24 Oct 2024 Date | | 1.55 Cons. EPS | - EPS |
REIT - Specialty Industry | Real Estate Sector | Mr. Steven O. Vondran J.D. CEO | XHAN Exchange | US03027X1000 ISIN |
US Country | 4,691 Employees | 13 Jun 2025 Last Dividend | - Last Split | 5 Jun 1998 IPO Date |
American Tower is a titan in the global real estate investment trust (REIT) market, specializing in the communications sector. As an independent owner, operator, and developer of multitenant communications real estate, American Tower manages an expansive portfolio that exceeds 224,000 communications sites worldwide. This vast network includes a significant presence in the United States, bolstered by a strategic assortment of data center facilities that play a crucial role in supporting the nation's telecommunications infrastructure.
At the core of American Tower's offerings are its communications sites, which serve as the foundational infrastructure for wireless communication networks. These sites include towers, rooftop installations, and other structures that facilitate the broadcasting and receipt of wireless signals. American Tower's extensive portfolio ensures a broad geographic reach, enabling wireless carriers and broadcasters to efficiently extend their services to customers across diverse regions.
American Tower's data center facilities complement its communications sites by providing crucial networking and data storage solutions. These highly interconnected data centers support a variety of digital communication needs, offering secure and resilient hosting environments for carriers, cloud service providers, and enterprise clients. By integrating these data centers with its communications real estate, American Tower enables seamless connectivity and data exchange, which is vital for the operation of modern digital technologies.