PowerShares Active US Real Estate ETF
American Tower Continues to Enhance Shareholder Wealth
American Tower converted itself into a REIT in January 2012, and since then it’s been consistent in paying quarterly cash dividends.
5G Wireless Networks to Fuel Crown Castle’s Future Growth
Crown Castle (CCI) expects its site rental revenue to rise 31%–32% YoY (year-over-year) to $1.172 billion–$1.182 billion in the third quarter, and 27%–28% YoY to $4.673 billion–$4.703 billion in fiscal 2018.
Analysts Give Crown Castle Stock Mostly ‘Buy’ Ratings in 2018
Analyst ratings Crown Castle’s (CCI) 2018 performance expectations have been reflected in its analyst ratings. Of the 21 analysts covering the stock in January 2018, 13 have recommended “buy” or “strong buy” (as was the case in December 2017), and eight have recommended “hold.” Analysts have given Crown Castle a mean price target of $116.89, implying a […]
Where Crown Castle Stands among Peers
Peer comparison In 4Q17, Crown Castle (CCI) had FFO[1.funds from operations] per share of $1.25, and in 2018, it’s expected to see FFO per share of $5.23 due to its acquisition of Lightower. The company is expected to grow 7.8% in 2018, 11.4% in 2019, and at a five-year rate of 15.5%. Trading slightly lower rate than the industry […]
How Crown Castle Rewards Shareholders
Crown Castle’s dividend policy In 4Q17, Crown Castle (CCI) announced a dividend of $0.95 per share, bringing its 2017 dividend to $3.89, compared with $3.60 in 2016. It paid a dividend of $3.34 in 2015. Its dividend yield is currently 3.8%, and its three-year dividend growth rate is 27.8%. The company achieved its long-term annual dividend growth target of […]
Where Crown Castle Stands among the Biggest Industry Players
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.
Crown Castle on the Street: Inside the Analyst Ratings
Analysts have given CCI a mean price target of $106.83, implying a rise of 7.1% from its current level of $99.75.
How Well Is Crown Castle Leveraging Its Balance Sheet?
It’s extremely important for REITs to maintain optimum debt levels, and managers work constantly to leverage balance sheets in the best possible ways.
Is Telecom Consolidation Threatening Crown Castle?
The changing political scenario under the Trump administration has led to the anticipation of widespread M&A activity in the telecom industry.
Why Some Are Investors Are Bullish on Crown Castle
REITs (real estate investment trusts) typically have to pay 90% of their taxable income to shareholders to qualify as an equity.
Crown Castle amid the 5G Threat to Cell Towers
Many wireless providers are now opting for 5G (fifth-generation) technology for higher speeds and network reliability.
Inside Crown Castle’s Business Model
Crown Castle is expected to ride high on higher profitability, and analysts expect it to register significant AFFO (adjusted funds from operations) growth.
Behind Crown Castle’s Investment in 5G
Crown Castle has been quick to respond to the needs of the day, focusing on new technology and transforming itself from a tower company to a fiber provider.
Why Crown Castle Expects to See Revenue 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.
Introducing Crown Castle: A Wireless REIT amid Telecom Headwinds
CCI has raised its fiscal 2017 outlook for AFFO by $4 million. This enhanced guidance reflects the company’s increase in tower leasing activity.
How Wall Street Analysts Rate American Tower
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.
Comparing American Tower with Retail REITs in Its Industry
AMT’s current price-to-FFO multiple is ~20.1x.
How Well Does American Tower Manage Its Balance Sheet?
AMT reported a debt-to-equity ratio of ~2.8x in 1Q17. The industry median debt-to-equity ratio is ~1.1x.
American Tower: A Rewarding Stock for Shareholders
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.
5G Is the Future of Internet Data—Is It a Threat to AMT?
More than 95% of AMT’s towers are located in suburban and rural areas, where the majority of the US population resides.
How Telecom Industry Ownership Could Affect American Tower
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.
American Tower’s Business Model Seeks Consistent Profitability
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 Enhanced Fiscal 2017 Outlook on Growth Opportunities
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.
American Tower Rises above Uncertainty in Wireless Tower Sector
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.