SBA Communications Corp

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  • uploads///Adjusted EBITDA
    Earnings Report

    What Drove American Tower’s EBITDA Higher in Q2 2018?

    American Tower (AMT) reported adjusted EBITDA of $1.08 billion in the second quarter, coming in ahead of analysts’ expectation of $1.07 billion.

    By Anirudha Bhagat
  • uploads///International Market
    Earnings Report

    Global Expansion Strategy Brings Incremental Revenue for AMT

    American Tower (AMT) generates ~45% of its revenue from the international market.

    By Anirudha Bhagat
  • uploads///International Contribution
    Earnings Report

    What American Tower’s Global Expansion Strategy Indicates

    American Tower’s (AMT) global expansion strategy, which includes acquisitions and joint ventures in several countries (mainly in developing nations), is likely to continue supporting its top line.

    By Anirudha Bhagat
  • uploads///Article  image revised
    Company & Industry Overviews

    American Tower Is Trading at High Multiples amid Global Expansion

    American Tower (AMT) is currently trading at a trailing-12-month price-to-FFO ratio of 20.2x.

    By Audrey Miller
  • uploads///Article  image Revised
    Company & Industry Overviews

    A Look into American Tower’s Major Revenue Drivers

    American Tower (AMT) owns and operates over 160,000 communications sites around the world.

    By Audrey Miller
  • uploads///AMT Image
    Company & Industry Overviews

    What to Expect from American Tower in 2018 amid 5G Rollout

    American Tower is likely to continue on a growth trajectory on the back of strategic investments and rapid expansion in emerging markets.

    By Audrey Miller
  • uploads///Analyst Recommendations
    Company & Industry Overviews

    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 […]

    By Raina Brown
  • uploads///Peers
    Company & Industry Overviews

    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 […]

    By Raina Brown
  • uploads///Dividend per share
    Company & Industry Overviews

    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 […]

    By Raina Brown
  • uploads///Crown Castle Beats Revenue Boosts Estimates
    Company & Industry Overviews

    Crown Castle Beats Revenue and Boosts Estimates

    Crown Castle (CCI) has increased its site rental revenue estimate for 2018 by $36 million to $4.6 billion, representing a 26% YoY (year-over-year) gain.

    By Raina Brown
  • uploads///Analyst Rating
    Company & Industry Overviews

    Analysts’ Views of American Tower

    As of January 2018, 21 of the 22 analysts covering American Tower stock have given it a “buy” or “strong buy” rating. The remaining analyst gave it a “hold” rating.

    By Raina Brown
  • uploads///_balancesheet
    Company & Industry Overviews

    A Look at American Tower’s Well-Built Balance Sheet

    During 3Q17, American Tower (AMT) strengthened its revenues on higher organic growth in domestic and international markets such as India and Mexico.

    By Raina Brown
  • uploads///_diversification
    Company & Industry Overviews

    American Tower’s Strong Hold in the International Market

    Mexico is one of American Tower’s (AMT) vital international markets. AMT has entered into an agreement to acquire certain telecommunication assets in Mexico.

    By Raina Brown
  • uploads///Factors
    Company & Industry Overviews

    These Factors Are Helping American Tower’s Growth

    Data usage is increasing in international markets due to smartphone penetration.

    By Raina Brown
  • uploads///_Organic growth
    Company & Industry Overviews

    American Tower Riding High with Strong Organic Growth

    American Tower (AMT) has increased its 2017 revenue outlook to $6.55 billion from $6.53 billion, an addition of $15 million and a 0.2% increase.

    By Raina Brown
  • uploads///Ratings
    Real Estate

    What Analysts Think about the Top 3 Wireless REITs after 2Q17

    The wireless tower owners’ expected performance in fiscal 2017 is reflected in the analysts’ ratings for the companies.

    By Jennifer Mathews
  • uploads///Intro
    Company & Industry Overviews

    How the Top 3 Wireless Tower REITs Performed in 2Q17

    In this series, we’ll analyze the 2Q17 results of American Tower (AMT), SBAC Communications (SBAC), and Crown Castle International (CCI).

    By Jennifer Mathews
  • uploads///PFFO
    Earnings Report

    American Tower’s Place among Peers after 2Q17

    AMT’s current price-to-FFO multiple stands at ~22.1x. After 2Q17, American Tower offers a next-12-month dividend yield of 1.9%.

    By Jennifer Mathews
  • uploads///Debt
    Earnings Report

    The Story behind American Tower’s Strong Balance Sheet

    In 2Q17, American Tower (AMT) topped its 2Q16 results on higher organic tenant billing and prudent cost controls.

    By Jennifer Mathews
  • uploads///EBITDA
    Earnings Report

    Can American Tower Maintain Consistent EBITDA Growth after 2Q17?

    American Tower’s (AMT) 2Q17 EBITDA grew 17.5% to $1.02 billion. These results surpassed the analysts’ expectations of $1 billion.

    By Jennifer Mathews
  • uploads///Art  Revenue Drivers
    Earnings Report

    American Tower’s 2Q17 Growth Rode on This

    American Tower’s (AMT) total deployment consisted of $79 million for acquisitions and over $400 million for stock repurchases.

    By Jennifer Mathews
  • uploads///Revenue Composition
    Earnings Report

    Behind American Tower’s Robust 2Q17 Revenue Growth

    For 2Q17, American Tower (AMT) has reported robust double-digit revenue growth of 15.3%, backed primarily by higher tenant billing growth.

    By Jennifer Mathews
  • uploads///Revenue
    Earnings Report

    What Lies Ahead for American Tower

    For fiscal 2017, American Tower expects to report property revenues that would be 14% higher on a year-over-year basis, or by $25 million.

    By Jennifer Mathews
  • uploads///AFFO
    Earnings Report

    Inside American Tower’s 2Q17 Results: What You Need to Know

    For 2Q17, American Tower (AMT) reported adjusted funds from operation of $1.58 per share, meeting Wall Street estimates and topping 2Q16 by 18.8%.

    By Jennifer Mathews
  • uploads///Art  Val
    Earnings Report

    American Tower: A Peer Comparison

    AMT’s current price-to-FFO ratio stands at 20.06x. The company has undertaken several acquisitions and strategic partnerships to boost its presence in high-demand geographies.

    By Jennifer Mathews
  • uploads///Art  EBITDA
    Earnings Report

    Will AMT’s Business Model Drive Higher Earnings in 2Q17?

    According to Wall Street analysts, American Tower (AMT) is expected to report EBITDA (earnings before income tax, depreciation, and amortization) of $1 billion in 2Q17.

    By Jennifer Mathews
  • uploads///Art  Revenue Drivers
    Earnings Report

    What Are the Main Contributors to AMT’s 2Q17 Revenue Growth?

    Wireless tower owner American Tower (AMT) is expected to post flat year-over-year (or YoY) top and bottom line results when it releases its 2Q17 earnings on July 27, 2017.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Earnings Report

    Will American Tower Ride High on Its Top Line in 2Q17?

    Analysts expect wireless tower operator American Tower (AMT) to report revenue of $1.6 billion in its 2Q17 earnings call on July 27, 2017.

    By Jennifer Mathews
  • uploads///Art  FFO
    Earnings Report

    What to Expect from Wireless REIT American Tower in 2Q17

    American Tower is scheduled to report its 2Q17 earnings on July 27, 2017. Analysts expect it to report adjusted funds from operations per diluted share of $1.58.

    By Jennifer Mathews
  • uploads///Art  Val
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Art  Rating
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Towers
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Snartphones
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Art  FFO
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Ratings
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Val
    Company & Industry Overviews

    Comparing American Tower with Retail REITs in Its Industry

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

    By Jennifer Mathews
  • uploads///Debt
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///Cell towers
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///FFO
    Company & Industry Overviews

    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.

    By Jennifer Mathews
  • uploads///AMT Q Pre Adjusted EPS Estimate
    Company & Industry Overviews

    What Analysts Expect from American Tower’s 4Q16 Earnings

    American Tower will report its 4Q16 results on February 24, 2017. In this series, we’ll take a look at the expectations for the company’s performance during the quarter.

    By Ambrish Shah
  • uploads///UNCGXs Top Ten Invested Geographies
    Fund Managers

    What Is Waddell Reed Advisors Global Growth Fund’s Strategy?

    The Reed Advisors Global Growth Fund generally invests in large-cap companies, but it can invest in companies of any size.

    By David Ashworth
  • uploads///tower owners
    Company & Industry Overviews

    An Overview of the Wireless Tower Industry

    Industry profitability has increased mainly due to improved pricing of wireless service contracts and the strengthening of infrastructure investments.

    By Steve Sage
  • uploads///wireless
    Macroeconomic Analysis

    Global Wireless Telecom Stocks Surge Ahead in 2015

    Telecom stocks in the wireless telecommunications subsector that is part of the SPDR S&P International Telecom Sector ETF (IST) generated impressive average TTM returns of 17.96%.

    By Adam Rogers
  • uploads///part
    Macroeconomic Analysis

    European Telecom Companies Lead in Investor Returns

    European telecom companies that are part of the SPDR S&P International Telecom Sector ETF(IST) have generated average solid returns of 26.95% in the TTM (trailing 12 months).

    By Adam Rogers
  • uploads///US Leveraged Loans Flows
    Company & Industry Overviews

    Leveraged Loan Funds: Ongoing Outflows in June

    Last week’s quantum of outflows was $223 million. This brings the total net outflows from leveraged loan funds to $4.3 billion year-to-date.

    By David Ashworth
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