|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||82.30 - 82.89|
|52 Week Range||72.60 - 84.67|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.80%|
American Tower (AMT) converted itself into a REIT in January 2012, and since then it’s been consistent in paying quarterly cash dividends and increasing those dividends every quarter.
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. The company expects accelerated 5G (fifth-generation) deployment by domestic wireless network carriers and the mobile industry’s continuous evolution to drive demand for communication sites.
Rumors of mergers and acquisitions are common in the sector. Also, the FCC (US Federal Communications Commission), set up under the Trump administration, is considered to be merger-friendly and may lead to more industry consolidation. The news of the possibility of a merger between T-Mobile (TMUS) and Sprint (S) has triggered fear among wireless carriers.