Analysts Give Crown Castle Stock Mostly ‘Buy’ Ratings in 2018
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…
In 4Q17, Crown Castle (CCI) had FFO1 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…
Crown Castle’s (CCI) core strategy lies in the expansion and acquisition of properties, towers, and fiber cells. As these acquisitions and continuous redevelopment projects require a large amount of capital, REITs…
The telecommunication industry, evolving at a rapid pace, thrives on technology. Rumors of mergers and acquisitions are common in the sector. Also, the FCC (US Federal Communications Commission), set up…
Crown Castle’s (CCI) customer base comprises wireless carriers operating in national networks and carriers renting small cell networks, including those of healthcare, education, and government organizations. Crown Castle’s key strategy is to…
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.
Analyst ratings for Ventas (VTR) reflect its performance expectations for 2018.
Funds from operation (or FFO) for Ventas (VTR) for 3Q17 stood at $1.04 per share.
The recent increase in interest rates has impacted the performance of VTR.
Ventas (VTR) has a strong flexible balance sheet and excellent liquidity.
Ventas’s (VTR) senior housing portfolio is divided into the Senior Housing Operating (SHOP) and Senior Housing NNN (triple net) divisions.
Ventas (VTR) has an office portfolio that consists of life science centers and medical offices.
Ventas has been rising continuously due to its strong performance, consistent growth, and reliable cash flow through cycles for two decades.
The $1 trillion housing and healthcare real estate market is highly fragmented. Ventas has a market cap of $19.5 billion.
Analysts gave EXR a mean price target of $87.93, implying an ~1.5% rise from its current level of $86.72. It has a market capitalization of ~$10.9 billion.
EXR’s FFO per share for 2017 is expected to be $4.32–$4.65.
EXR increased its fixed debt ratio to 80.0% in 3Q17 from 76.1% in 2Q17.
Extra Space’s (EXR) stock price has risen from $12.77 in 2008 to $83.80 in January 2018. EXR has returned 705.4% in the past ten years.
EXR’s occupancy rate in 2Q17 was 94.5% compared to 94.1% in 2Q16.
Extra Space (EXR) holds 12% of its total properties in the form of joint ventures and 32% managed for third parties—the largest in the industry.