136.13 0.00 (0.00%)
After hours: 4:56PM EDT
|Bid||135.60 x 2900|
|Ask||135.89 x 1000|
|Day's Range||135.67 - 137.00|
|52 Week Range||103.21 - 149.47|
|Beta (3Y Monthly)||0.33|
|PE Ratio (TTM)||79.19|
|Earnings Date||Oct 16, 2019|
|Forward Dividend & Yield||4.50 (3.29%)|
|1y Target Est||138.00|
While high demand for infrastructure and healthy leasing activities might have driven Crown Castle International's (CCI) Q3 performance, pricing power and high-leveraged balance sheet are concerns.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
Stocks and bonds have largely rewarded market denizens since the Great Recession's market nadir in 2009, but investors great and small may be pondering how much leg the current rally has left. Real estate investment trusts (REITs) might be the asset class investors need to thread the needle in this tenuous bull market.This summer, prominent hedge-fund king Ray Dalio wrote that market paradigms are shifting, and the next decade's prospects are for slow growth and chronically soft interest rates. He believes the world's central banks, including America's Federal Reserve, "doing more of this printing and buying of assets will produce more negative real and nominal returns that will lead investors to increasingly prefer alternative forms of money (e.g., gold) or other storeholds of wealth."While Dalio suggests investors might add gold to their portfolios, they might want to start researching REITs to buy, too. That's because real estate also has been a classic hedge against inflation, and it tends to benefit from low interest rates.Another upside: REITs can throw off substantial income; gold does not. By law, real estate investment trusts must distribute 90% of taxable income to shareholders through dividends. But the ultimate hedge is finding REITs that reliably (and, when possible, aggressively) increase their payouts, as that will keep the dividend from actually losing value due to inflation over time.Here are seven REITs to buy for investors who are interested in dividend growth. These real estate companies are poised to sustain and improve their cash distributions through the possibly sluggish, low-interest-rate future that some experts are predicting. SEE ALSO: 15 Dividend Kings for Decades of Dividend Growth
Investing in hedge funds can bring large profits, but it’s not for everybody, since hedge funds are available only for high-net-worth individuals. They generate significant returns for investors to justify their large fees and they allocate a lot of time and employ complex research processes to determine the best stocks to invest in. A particularly […]
HOUSTON, Oct. 02, 2019 -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that it plans to release its third quarter 2019 results on Wednesday,.
American Tower (AMT) plans to use proceeds raised from the senior unsecured notes offering to repay outstanding debt under its multi-currency senior-unsecured revolving credit facility.
This article is a part of InvestorPlace's Best ETFs for 2019 contest. Robert Waldo's pick for the contest is the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR).We're coming toward the end of InvestorPlace's best ETFs for 2019 contest and my pick, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR), remains at the top of the pack, only slightly behind Vince Martin's pick, iShares U.S. Home Construction ETF (BATS:ITB), in terms of year-to-date performance (SRVR is up 40% YTD; ITB is up 42% YTD).InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough I don't think investors should expect the 5G exchange-traded fund to climb significantly higher by the end of the year, I do believe it can win the contest, and possibly gain a few more percentage points along the way. Since my last update in July, the ETF has climbed 13%, maintaining its No. 2 ranking among the best ETFs. What to Expect From SRVR at the End of 2019At the start of the year, I mentioned the yield curve inverting and the trade war between the U.S. and China as reasons for investors to have concern. But, broadly speaking, it hasn't necessarily been all doom and gloom for stocks in 2019.In fact, as InvestorPlace contributor Luke Lango points out in his recent article on high-performing S&P 500 stocks:"Through the first half of the year, the S&P 500 was on track for its best year in over two decades. To be sure, gains have been muted in the third quarter despite major indices flirting with all-time highs. But with the S&P 500 up 20% year-to-date, stocks are still having one of their best years this century."True as this may be, I still maintain my long-term case for SRVR, as its holdings present unique opportunities -- a combination of dividend-boosted stability and continual growth potential -- in a questionable time, where the trade war has no clear end in sight. * 8 Dividend Stocks to Buy for a Recession Even if you share the optimism of investors like Luke Lango, SRVR is one of the best ETFs you could buy this year. Because regardless of trade war concerns or a recession, the holdings in this real estate investment trust (REIT) ETF mainly focus on infrastructure that's essential to the daily operations of our technologically connected world.And much of this infrastructure is based in the U.S., dodging the influence of trade war peril.Consider top holding Crown Castle (NYSE:CCI) as example of this dual strength. According to Yahoo Fiance's description for CCI: "Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 75,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market." This is a U.S.-based holding that will be at the forefront of the inevitable 5G future, which will be the catalyst for countless other technological advancements. And SRVR is packed with holdings with similar attributes to CCI.Ultimately, SRVR should remain a strong contender among the best ETFs this year. And it will likely be one of the best ETFs to buy for years to come, as the 5G catalyst, which many of its holdings stand to benefit from, is only getting heated up.The SRVR ETF has an expense ratio of 0.6%, or $60 annually per $10,000 invested.Robert Waldo is an assistant editor at InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Triple-'F' Rated Stocks to Leave on the Shelf * 10 Excellent Stocks to Watch for 2020 and Beyond * 7 Consumer Stocks to Buy in an Uncertain Market The post Best ETFs for 2019: The Pacer Data & Infrastructure Real Estate ETF Rules appeared first on InvestorPlace.
HOUSTON, Sept. 19, 2019 -- Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that the quarterly dividend on its 6.875% Mandatory Convertible.
As the wireless industry rolls out the 5G technology, the latest network deployment is triggering demand for tower leasing which looks encouraging for the days ahead.
Crown Castle International Corp. (REIT) (NYSE:CCI) is about to trade ex-dividend in the next 4 days. Ex-dividend means...
Ventas' (VTR) investment in a high-quality senior-housing asset portfolio in Canada will diversify its portfolio, geographic and operator base as well as be accretive to its performance in 2020.
HOUSTON, Sept. 04, 2019 -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that Jay Brown, Crown Castle’s Chief Executive Officer is scheduled to.
Kilroy Realty (KRC) will raise $495.2 million through a public offering of senior notes, the proceeds of which will be channelized to fund buyouts and development projects, and reduce debt balances.
Alexandria Real Estate Equities' (ARE) efforts to tap the debt market through public offerings of senior unsecured notes are a strategic fit and will likely reduce its funding cost.
(Bloomberg) -- European phone companies are selling their mobile masts and growth-hungry U.S. tower companies have money to spend -- it looks like a marriage made in heaven.Instead, firms like American Tower Corp. and Crown Castle International Corp. are largely staying away, making it easier for Spain’s Cellnex Telecom SA and infrastructure funds managed by Macquarie Group Ltd., KKR & Co. and others to sweep up the region’s tower assets.Their hesitation is driven partly by price: the global hunt for yield has driven up the premium for these assets, which offer reliable, steady income streams. Independent tower companies also won’t pay top dollar unless they see a path to significant revenue growth -- and that’s where they have a problem with Europe.“The American tower companies say, ‘OK, Europe is fine at the right price, but prices are not where we need them to be, so we think the opportunities elsewhere are more attractive,”’ said Nick Del Deo, senior analyst at U.S. research firm MoffettNathanson.Tens of thousands of European masts are expected to see ownership changes in the next two years as companies such as Iliad SA, Vodafone Group Plc and Telecom Italia SpA bring in new investors to reduce debt and share the heavy cost of rolling out 5G technology.But only a quarter are likely to end up with independent operators, according to TowerXchange. Vodafone and CK Hutchison Holdings Ltd. are creating separate units for almost 90,000 towers and the consultancy expects them to maintain control over those businesses. That’s a turn-off for independent companies, which try to maximize revenue by leasing mast space to as many network operators as possible.Many European carriers want to keep some hold on their towers because they see mobile infrastructure as a strategic asset that can help them manage costs and perhaps gain a competitive edge. They’re also mindful of what happened in the U.S., where operators rushed to sell their towers more than a decade ago only to find themselves stuck with a big bill for leases and capacity rights.Vodafone Surges on Possible IPO, Stake Sale of Towers UnitVodafone and Telefonica Ink 5G Terms in Move to U.K. Tower SalesNiel Agrees to $3 Billion of Phone Tower Sales to CellnexCK Hutchison to Separate Out European Phone Towers BusinessSelling full ownership of towers to independent players can spur innovation and reduce expenses by encouraging carriers to share infrastructure, avoiding costly duplication. European carriers’ insistence on maintaining control means the continent’s progress in rolling out 5G will likely continue to be slower compared to the U.S., where towers are largely in independent hands.“There is a risk that the European carriers go too far the other way,” Del Deo said. “The captive tower model, if you look globally, has never proven to be that effective.”For now, American Tower is mostly relying on building towers in Africa, Latin America and India for its international growth.Crown Castle didn’t respond to a request for comment on its future European asset bidding plans. American Tower declined to comment. Its chief executive officer, James Taiclet, told analysts last month that recent large European tower sales didn’t meet its bar for growth prospects and asset costs.Here are some other reasons why U.S. tower firms aren’t piling into Europe:Redundancy: Europe has more cases of towers operated by rival carriers sitting in close proximity. An independent owner may want to remove one to cut costs, but the tower often comes with a ground lease that they must keep paying for years.Less Potential: Europe has lots of rooftop antenna sites, which can’t accommodate as many customers as can a ground-based tower. Many European portfolios include broadcast towers in rural areas that may not be as valuable as mobile towers.Radio Emission Rules: In some countries, rules on maximum electromagnetic radio emissions limit the number of antennas a tower firm can install at a single site.\--With assistance from Scott Moritz.To contact the reporter on this story: Thomas Pfeiffer in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Kenneth Wong at email@example.com, Jennifer Ryan, Anthony PalazzoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
HOUSTON, Aug. 28, 2019 -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Senior Vice President and Chief.
Every once in a while, a stock chart just reaches out and grabs you. The trend is so strong that it compels you to pay attention. I recently had one of those moments with 5G stocks, so I wanted to share it now.This particular chart highlights a trend that debunks one of the biggest myths I'm hearing right now - the one that says, "the market is doomed, everyone's selling off, and if you haven't yet, then you should, too."If that were true, why are these "random" stocks going absolutely wild compared to the broader market?InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs you can see in the one-year chart below, they're racking up 30%, even 50% gains… during a time period when the S&P 500 (the orange line at the bottom) is flat.I call them "random" stocks because Crown Castle International (NYSE:CCI) and American Tower Corp. (NYSE:AMT) are likely not top-of-mind for many investors. They're not the kind of stocks that folks like me usually get called to discuss on TV. (But with performance like that, they should.)But these are NOT "random" stocks. In fact, they'll be crucial in implementing 5G wireless, one of the biggest revolutionary technologies that's just taking off now and is set to explode into the 2020s. * 10 Companies Using AI to Grow Crown Castle and American Tower are real estate investment trusts (REITs) specializing in telecom services. In other words, they often play landlord to companies like Verizon (NYSE:VZ), AT&T (NYSE:T), T-Mobile (NASDAQ:TMUS), and Sprint (NYSE:S). At this point, that's basically the whole industry. And these telecom REITs help provide cell towers, plus newer technology called "small cells," as well as the fiber-optic cables that run out to customers.Are cell towers a growth industry? Absolutely. And that's because people's usage of mobile data is skyrocketing. In 2018, the average smartphone in North America used 7 gigabytes per month. In 2024, that'll be more like 40 gigabytes per month, according to a June report from Ericsson (NASDAQ:ERIC).That's nearly 6X growth in just six years.Crown Castle CEO Jay Brown cited that stat when giving his 2019 guidance on new-leasing activity. In the July earnings report, Brown announced that his company expects a 30% increase in tower leasing, year-over-year.But this is a much bigger story than Crown Castle, American Tower, or any other individual 5G stocks.At Investment Opportunities, I've really been digging into the 5G mega-trend -- and you can bet I'll continue to do so. The closer I look, the more opportunities I find… some that you might never expect.Keep in mind that when we talk about 5G, we're talking about speed. Taking devices that don't look much different than the ones we use now… and transforming them into something exponentially faster and more powerful.With 5G, you will be able to download a movie in six seconds. Today it takes seven minutes with the current 4G technology.Now, here in the United States -- in tech strongholds like San Francisco and wealthy suburbs like Montgomery County, Maryland -- homeowners aren't too thrilled when Crown Castle or Verizon come to their neighborhood to put up a cell tower. (Or add to an existing one, like with the 5G buildout.)I get it, but these folks aren't seeing the big picture. They just see a big gray box. Ultimately, though, 5G is coming -- and it'll take us to the next level of wireless communications. Not just for consumer products, like our iPhones, but for industrial applications, advanced medicine, and even transportation. If we're talking about self-driving cars, we're talking about a lot of data that needs relayed back and forth in an instant.The speeds 5G provides will be the catalyst for just about every other game-changing technology that's coming down the pike. And the more people realize that, the more they'll start to notice stock charts like the one above.This is what I'm talking about when I say: The market is full of buying opportunities right now. Yes, right now.P.S. What are some of these game-changing technologies I'm looking at?Besides self-driving cars, there are electric cars in general (which are being adopted at a phenomenal rate)…There are tons of other connected devices -- a whole Internet of Things…There are smart medical devices, leading to precision healthcare…And artificial intelligence…No wonder data usage is taking off into the stratosphere.And guess what? All those devices need to be powered.Unfortunately, the current technology has some pretty severe limitations. But new technology is emerging to replace it -- one that's safer AND more powerful.Click here to learn more and prepare to ride this trend higher in your portfolio.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies Using AI to Grow * The 10 Biggest Winners From Second-Quarter Earnings * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Are 5G Stocks Worth the Hype? This Chart Says It All appeared first on InvestorPlace.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Crown Castle International is one of the largest operators of cell phone towers in the United States and will be among the greatest beneficiaries of the current and eventual shift to 5G.
Cadre announced Thursday that it closed two early property sales in Chicago and Atlanta. Partially thanks to these sales, it returned more than $100m to date to its investors, for a greater than 20%. Yahoo Finance’s Adam Shapiro, Julie Hyman, Dan Roberts and Dan Howley discuss with Cadre CEO and Co-Founder Ryan Williams.