Why These 15 Real Estate Stocks Are Surging In 2025

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6. American Tower Corp (NYSE:AMT)

Number of Hedge Fund Holders In Q4 2024: 70

American Tower Corp (NYSE:AMT) is a global real estate investment trust that owns, operates, and develops wireless and broadcast communications infrastructure, including cell towers and data centers, enabling connectivity for mobile and broadcast networks.

The most significant recent news driving American Tower’s stock higher in 2025 is its strong first quarter results, which showed total revenue rising 2% to $2.56 billion and adjusted funds from operations (AFFO) per share, as adjusted, increasing 6.6% year-over-year. This performance was fueled by robust leasing trends, especially in the United States, where mid-band 5G deployments and new site demand led to the highest quarterly services revenue since 2021.

The company also benefited from favorable leasing and pricing at its CoreSite data center business, steady international activity, and disciplined cost management. These factors combined to deliver higher profitability and resumed mid-single-digit dividend growth.

Another key factor was the completion of the sale of its India operations in late 2024, which allowed American Tower to pay down $2 billion in debt.

The consensus price target of $233.07 implies 5.35% upside.

AMT stock is up 21.67% year-to-date.

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