American Tower Corporation (AMT)
Real Estate · REIT - Specialty · Data as of 2026-10-22
Bottom line
AMT is trading near its usual valuation, near its historical support zone, and recent volume suggests money flowing in. Historically, this combination has been a favourable starting point for further research. Past patterns are not a guarantee of future results.
Valuation — Near its usual book-value multiple (Yellow)
For financial companies we look at price versus book value. AMT trades at 22.9× book value, against its own typical 24.1× while earning a 91% return on equity. Its current multiple sits around the 7th percentile of its own last five years — toward the low end of its own range.
Price zones — Near its historical support zone (Green)
At $181.57, the stock is close to the lower end of its recent range. Over the past year AMT has traded between $160.06 and $196.08; its historical support zone sits near $176.98 and resistance near $196.08. It is above both its 50- and 200-day averages, which has historically signalled an uptrend.
52-week range $160.06–$196.08 · 50-day average $174.39 · 200-day average $176.98
Money flow — Money is flowing in (Green)
Recent trading in AMT shows more volume on rising days than falling days, a pattern often described as accumulation. Volume on up days has been about 1.3× volume on down days over the last 30 sessions.
Dividends & company facts
AMT paid $5.28 a share in dividends over the past year — 2.9% of today's price — and has raised it in each of the last five years. It also paid a $1.79 special dividend in June 2026. It also bought back shares: $323 million in fiscal 2025, about 0.38% of its market value.
- Dividend yield (12 months)
- 2.91%
- Paid over 12 months
- $5.28 a share
- Payout ratio
- 95.7%
- Buybacks
- 0.38% (fiscal 2025)
- Shares, past year
- -0.5%
- Revenue, 12 months
- $10.9B
- Profit, 12 months
- $3.4B
- Employees
- 4,866
- CEO
- Steven O. Vondran
- Headquarters
- Boston, MA
- Listed since
- 1998 · NYSE
About the company
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.
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一句话结论
AMT 估值接近其惯常水平，接近其历史支撑区，近期成交量显示资金正在流入。从历史来看，这样的组合是一个值得进一步研究的有利起点。过去的形态并不能保证未来的结果。
估值 — 接近其惯常的市净率水平
对金融公司，我们看的是价格与账面价值的关系。AMT 的市净率为 22.9×，而它自身惯常的水平是 24.1×，同时取得 91% 的净资产收益率。它当前的估值倍数大约位于自身过去五年分布的第 7 百分位——处于自身区间的偏低位置。
价格区间 — 接近其历史支撑区
目前价格为 $181.57，接近其近期区间的下沿。过去一年 AMT 的价格在 $160.06 到 $196.08 之间波动；其历史支撑区在 $176.98 附近，阻力区在 $196.08 附近。它同时位于 50 日和 200 日均线上方，这在历史上通常对应上升趋势。
资金流向 — 资金正在流入
AMT 近期上涨日的成交量高于下跌日，这种形态常被称为吸筹。过去 30 个交易日，上涨日的成交量约为下跌日的 1.3×。
股息与公司概况
AMT 过去一年每股派息 5.28 美元，相当于当前股价的 2.9%，过去五年每年都有上调。它还在 2026年6月派发了每股 1.79 美元的特别股息。它也回购了股票：2025 财年回购 3.2亿美元，约占市值的 0.38%。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.