PowerShares Active US Real Estate ETF

Analysts have given CCI a mean price target of $106.83, implying a rise of 7.1% from its current level of $99.75.

CCI’s higher price-to-FFO multiple reflects the company’s ability to yield consistent capital value and its distribution of reliable and steady dividends.

It’s extremely important for REITs to maintain optimum debt levels, and managers work constantly to leverage balance sheets in the best possible ways.

REITs (real estate investment trusts) typically have to pay 90% of their taxable income to shareholders to qualify as an equity.

The changing political scenario under the Trump administration has led to the anticipation of widespread M&A activity in the telecom industry.

Many wireless providers are now opting for 5G (fifth-generation) technology for higher speeds and network reliability.

Crown Castle is expected to ride high on higher profitability, and analysts expect it to register significant AFFO (adjusted funds from operations) growth.

Crown Castle is expected to keep riding high on its current growth trajectory, driven by strategic investments and exposure to the booming small cell business.

Analysts gave AMT a mean price target of $143.14, implying a rise of 8.7% from its current level of $131.70. In May 2017, 22 of 23 analysts covering AMT stock issued “buy” or “strong buy” ratings.

AMT’s current price-to-FFO multiple is ~20.1x.

AMT reported a debt-to-equity ratio of ~2.8x in 1Q17. The industry median debt-to-equity ratio is ~1.1x.

AMT has maintained a consistent dividend yield over the last two years. Its dividend yield was ~1.8% in 2015 and ~2.0% in 2016.

Under the leadership of Ajit Pai and Jeffrey Eisenach, the FCC is expected to unblock several stalled deals as well as pave the way for some new deals.

More than 95% of AMT’s towers are located in suburban and rural areas, where the majority of the US population resides.

AMT maintains non-cancellable long-term leases with an initial term of ten years. Almost 50% of the company’s leases have a renewal date of 2022 or beyond.

American Tower’s (AMT) revenues rose ~26% in 1Q17, driven by 22% growth in its Tenant Billings business and 8.6% growth in its Organic Tenant Billings business.

For fiscal 2017, American Tower (AMT) expects to report adjusted funds from operations exceeding $2.8 billion. This figure is $55 million, or ~2%, higher than expected by the company.