Communications Sales & Leasing Company Profile (NASDAQ:CSAL)

About Communications Sales & Leasing

Communications Sales & Leasing logoCommunications Sales & Leasing, Inc. (CS&L) is an internally managed real estate investment trust (REIT) engaged in the acquisition and construction of a range of infrastructure in the communications industry. The Company is focused on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers. The Company operates through two segments: Leasing and Consumer competitive local exchange carrier (CLEC). The Company's Leasing segment represents its REIT operations. The Consumer CLEC segment represents the operations of its Consumer CLEC Business. It conducts the Consumer CLEC Business through its subsidiary, Talk America Services, LLC, which provides local telephone, high-speed Internet and long distance service to approximately 46,000 customers. The Company owns approximately 3.6 million fiber strand miles, over 230,800 route miles of copper, and other property across 30 states.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: CSAL
  • CUSIP:
Key Metrics:
  • Previous Close: $28.94
  • 50 Day Moving Average: $26.53
  • 200 Day Moving Average: $27.91
  • 52-Week Range: $155,139,000.00 - $18.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 170.24
  • P/E Growth: -5.35
  • Market Cap: $4.49B
  • Outstanding Shares: 155,139,000
  • Beta: 1.13
Profitability:
  • Net Margins: 1.54%
  • Return on Equity: -0.88%
  • Return on Assets: 0.41%
Debt:
  • Debt-to-Equity Ratio: -0.04%
  • Current Ratio: 0.02%
  • Quick Ratio: 0.02%
Additional Links:
Companies Related to Communications Sales & Leasing:

Analyst Ratings

Consensus Ratings for Communications Sales & Leasing (NASDAQ:CSAL) (?)
Ratings Breakdown: 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.13)
Consensus Price Target: $32.20 (11.26% upside)

Analysts' Ratings History for Communications Sales & Leasing (NASDAQ:CSAL)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Wells Fargo & CoInitiated CoverageOutperformView Rating Details
12/12/2016SunTrust Banks, Inc.Initiated CoverageBuy$30.00View Rating Details
11/2/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$35.00View Rating Details
10/13/2016Cowen and CompanyInitiated CoverageOutperform$34.00View Rating Details
9/26/2016J P Morgan Chase & CoInitiated CoverageOverweightView Rating Details
7/24/2016Morgan StanleyReiterated RatingOverweightView Rating Details
7/5/2016Citigroup Inc.Reiterated RatingBuy$32.00View Rating Details
3/7/2016DA DavidsonBoost Price TargetBuy$29.00 -> $30.00View Rating Details
5/18/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$27.00View Rating Details
4/29/2015Bank of America CorpInitiated CoverageBuy$34.00View Rating Details
4/22/2015StephensInitiated CoverageOverweightView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Communications Sales & Leasing (NASDAQ:CSAL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017        
2/23/2017Q416$0.01($0.04)$206.88 million$206.90 millionViewN/AView Earnings Details
11/14/2016Q316$0.62$0.61$198.62 million$200.20 millionViewListenView Earnings Details
8/11/2016Q216$0.65$0.56$189.04 million$188.60 millionViewListenView Earnings Details
5/12/2016Q1$0.64$0.62$174.39 million$174.70 millionViewListenView Earnings Details
3/3/2016Q415$0.64$0.65$173.44 million$173.90 millionViewListenView Earnings Details
11/13/2015Q3$0.07$0.64ViewListenView Earnings Details
8/13/2015Q215$0.12$0.48$174.70 million$128.70 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Communications Sales & Leasing (NASDAQ:CSAL)
Current Year EPS Consensus Estimate: $0.03 EPS
Next Year EPS Consensus Estimate: $0.17 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.63$0.65$0.64
Q2 20161$0.63$0.63$0.63
Q3 20161$0.67$0.67$0.67
Q4 20162$0.57$0.67$0.62
Q1 20172$0.59$0.67$0.63
Q2 20172$0.59$0.68$0.64
Q3 20172$0.58$0.68$0.63
Q4 20172$0.59$0.68$0.64
Q1 20181$0.59$0.59$0.59
Q2 20181$0.60$0.60$0.60
Q3 20181$0.60$0.60$0.60
Q4 20181$0.60$0.60$0.60
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Communications Sales & Leasing (NASDAQ:CSAL)
Annual Dividend:$2.40
Dividend Yield:8.29%
Payout Ratio:4,800.00% (Based on Trailing 12 Months of Earnings)
8,000.00% (Based on Current Year Consensus EPS Estimate)
1,411.76% (Based on Next Year Consensus EPS Estimate)

Dividend History for Communications Sales & Leasing (NASDAQ:CSAL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/15/2017quarterly$0.609.09%3/29/20173/31/20174/14/2017
11/9/2016Quarterly$0.6012/28/201612/30/20161/13/2017
9/1/2016Quarterly$0.609/28/20169/30/201610/14/2016
5/11/2016Quarterly$0.606/28/20166/30/20167/15/2016
3/2/2016Quarterly$0.603/29/20163/31/20164/15/2016
11/9/2015Quarterly$0.6012/29/201512/31/20151/15/2016
8/11/2015$0.609/28/20159/30/201510/15/2015
5/7/2015special$0.446/26/20156/30/20157/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Communications Sales & Leasing (NASDAQ:CSAL)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Communications Sales & Leasing (NASDAQ:CSAL)
DateHeadline
News IconKim Jong-nam: Suspect 'paid $90' to carry out attack (NASDAQ:CSAL)
giftedviz.com - February 25 at 9:21 PM
News IconRelative Strength Index Analysis of Communications Sales & Leasing, Inc. (NASDAQ:CSAL) - The Oracle Examiner (NASDAQ:CSAL)
oracleexaminer.com - February 25 at 3:00 AM
moodys.com logoMoody's says CSAL's proposed acquisition of Hunt Telecom does not impact ratings (NASDAQ:CSAL)
www.moodys.com - February 24 at 9:58 PM
us.rd.yahoo.com logoEdited Transcript of CSAL earnings conference call or presentation 23-Feb-17 1:30pm GMT (NASDAQ:CSAL)
us.rd.yahoo.com - February 24 at 4:55 PM
moodys.com logoCommunications Sales & Leasing, Inc -- Moody's says CSAL's proposed acquisition of Hunt Telecom does not impact ratings (NASDAQ:CSAL)
www.moodys.com - February 24 at 4:55 PM
News IconChart Inspection on Shares of Communications Sales & Leasing Inc (CSAL) - Piedmont Register (NASDAQ:CSAL)
piedmontregister.com - February 24 at 12:08 PM
News IconToday Analysts Focus on Communications Sales & Leasing, Inc. (CSAL), Cinemark Holdings, Inc. (CNK) - StockNewsJournal (NASDAQ:CSAL)
stocknewsjournal.com - February 24 at 12:08 PM
capitalcube.com logoCommunications Sales & Leasing, Inc. :CSAL-US: Earnings Analysis: Q4, 2016 By the Numbers : February 24, 2017 (NASDAQ:CSAL)
www.capitalcube.com - February 24 at 12:08 PM
News IconCommunications Sales & Leasing, Inc. Reports Fourth Quarter and Full Year 2016 Results - Telecom Reseller (press release) (NASDAQ:CSAL)
telecomreseller.com - February 23 at 9:32 PM
News IconStock Buzz on Communications Sales & Leasing Inc (NASDAQ:CSAL): Can They Meet the Earnings Target of $0.58 - Winfield Review (NASDAQ:CSAL)
winfieldreview.com - February 23 at 9:32 PM
nasdaq.com logoNoteworthy Thursday Option Activity: X, CSAL, APA (NASDAQ:CSAL)
www.nasdaq.com - February 23 at 4:31 PM
biz.yahoo.com logoQ4 2016 Communications Sales & Leasing Inc Earnings Release - Before Market Open (NASDAQ:CSAL)
us.rd.yahoo.com - February 23 at 4:31 PM
us.rd.yahoo.com logo7:17 am Communications Sales & Leasing beats by $0.07, reports revs in-line; guides FY17 FFO above consensus, revs in-line; announces acquisition of Hunt, to change corporate name to Uniti Group (NASDAQ:CSAL)
us.rd.yahoo.com - February 23 at 4:31 PM
biz.yahoo.com logoCOMMUNICATIONS SALES & LEASING, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Sta (NASDAQ:CSAL)
us.rd.yahoo.com - February 23 at 4:31 PM
sg.finance.yahoo.com logoCommunications Sales reports 4Q results (NASDAQ:CSAL)
sg.finance.yahoo.com - February 23 at 4:31 PM
finance.yahoo.com logoCommunications Sales & Leasing to Present at the J.P. Morgan 2017 Global High Yield & Leveraged Finance Conference (NASDAQ:CSAL)
finance.yahoo.com - February 23 at 4:31 PM
finance.yahoo.com logoCommunications Sales & Leasing to Participate in the Wells Fargo 20th Annual Real Estate Securities Conference (NASDAQ:CSAL)
finance.yahoo.com - February 23 at 4:31 PM
finance.yahoo.com logoCommunications Sales & Leasing to Present at the Morgan Stanley Technology, Media and Telecommunications Conference (NASDAQ:CSAL)
finance.yahoo.com - February 23 at 4:31 PM
finance.yahoo.com logoWelltower (HCN) Tops Q4 FFO, Revenues, Guides for 2017 (NASDAQ:CSAL)
finance.yahoo.com - February 22 at 4:43 PM
biz.yahoo.com logoCOMMUNICATIONS SALES & LEASING, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:CSAL)
biz.yahoo.com - February 22 at 10:03 AM
finance.yahoo.com logoShould You Buy Communications Sales & Leasing (CSAL) Ahead of Earnings? (NASDAQ:CSAL)
finance.yahoo.com - February 22 at 10:03 AM
News IconCommunications Sales & Leasing,Inc. (CSAL) Coverage Initiated at Wells Fargo & Company (NASDAQ:CSAL)
www.lightwaveonline.com - February 20 at 11:40 AM
News IconCommunications Sales & Leasing Inc (CSAL) is Initiated by Wells Fargo to “Outperform” - Highland Mirror (NASDAQ:CSAL)
www.highlandmirror.com - February 16 at 4:37 PM
finance.yahoo.com logoCoverage initiated on Communications Sales & Leasing by Wells Fargo (NASDAQ:CSAL)
finance.yahoo.com - February 16 at 4:37 PM
capitalcube.com logoCommunications Sales & Leasing, Inc. : CSAL-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NASDAQ:CSAL)
www.capitalcube.com - February 16 at 4:37 PM
nasdaq.com logoAnalysts Forecast 10% Gains Ahead For FPX (NASDAQ:CSAL)
www.nasdaq.com - February 16 at 12:28 PM
News IconTwo Sigma Advisers LP Boosts Stake in Communications Sales & Leasing,Inc. (CSAL) (NASDAQ:CSAL)
www.lightwaveonline.com - February 8 at 9:57 PM
News IconNotable Monday Option Activity: CSAL, SHLD, RICE (NASDAQ:CSAL)
www.stockoptionschannel.com - January 30 at 5:25 PM
News IconProfund Advisors LLC Has $767,000 Position in Communications Sales & Leasing,Inc. (CSAL) (NASDAQ:CSAL)
www.lightwaveonline.com - January 29 at 4:37 PM
News IconEarnings in Full Force, Analysts Take Aim at Communications Sales & Leasing Inc (NASDAQ:CSAL) - Wall Street Beacon (NASDAQ:CSAL)
wsbeacon.com - January 26 at 10:43 PM
News IconTechnical Updates on Shares of Communications Sales and Leasing Inc. (CSAL) - Market Point (NASDAQ:CSAL)
mtptnews.com - January 26 at 5:40 PM
biz.yahoo.com logoCOMMUNICATIONS SALES & LEASING, INC. Files SEC form 8-K, Other Events (NASDAQ:CSAL)
biz.yahoo.com - January 26 at 5:40 PM
News IconAnalysts Take: Communications Sales & Leasing Inc (NASDAQ:CSAL) Projected Earnings & Price Targets - Aiken Advocate (NASDAQ:CSAL)
aikenadvocate.com - January 25 at 3:10 AM
globenewswire.com logoCommunications Sales & Leasing Announces Tax Reporting Information for 2016 Distributions - GlobeNewswire (press release) (NASDAQ:CSAL)
globenewswire.com - January 24 at 5:06 PM
nasdaq.com logoFirst Week of CSAL March 17th Options Trading - Nasdaq (NASDAQ:CSAL)
www.nasdaq.com - January 24 at 5:06 PM
finance.yahoo.com logoCommunications Sales & Leasing Announces Tax Reporting Information for 2016 Distributions (NASDAQ:CSAL)
finance.yahoo.com - January 24 at 5:06 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Communications Sales & Leasing Inc (NASDAQ:CSAL) - Wall Street Beacon (NASDAQ:CSAL)
wsbeacon.com - January 18 at 4:51 PM
News IconCommonwealth Equity Services Inc Increases Stake in Communications Sales & Leasing,Inc. (CSAL) (NASDAQ:CSAL)
www.lightwaveonline.com - January 14 at 4:35 PM
News IconWill The Needle Move For Communications Sales & Leasing Inc (NASDAQ:CSAL) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:CSAL)
wsbeacon.com - January 13 at 10:18 PM
News IconCommunications Sales & Leasing Inc (CSAL) : Berson Corrado ... - Highland Mirror (NASDAQ:CSAL)
www.highlandmirror.com - January 13 at 10:18 PM
finance.yahoo.com logoBerson & Corrado Investment Advisors, LLC Buys Communications ... - Yahoo Finance (NASDAQ:CSAL)
finance.yahoo.com - January 11 at 4:57 PM
News IconNoteworthy Wednesday Option Activity: GNMX, CSAL, ACAD (NASDAQ:CSAL)
www.stockoptionschannel.com - January 4 at 5:36 PM
finance.yahoo.com logoCommunications Sales & Leasing To Report Fourth Quarter and Year End 2016 Financial Results and Host Conference Call (NASDAQ:CSAL)
finance.yahoo.com - January 3 at 12:43 PM
News IconRiver Road Asset Management LLC Acquires 669,453 Shares of Communications Sales & Leasing,Inc. (CSAL) (NASDAQ:CSAL)
www.lightwaveonline.com - December 30 at 4:56 PM
nasdaq.com logoCommunications Sales & Leasing,Inc. (CSAL) Ex-Dividend Date Scheduled for December 28, 2016 - Nasdaq (NASDAQ:CSAL)
www.nasdaq.com - December 28 at 9:33 PM
nasdaq.com logoEx-Dividend Reminder: MGM Growth Properties, Communications Sales & Leasing and Gramercy Property Trust (NASDAQ:CSAL)
www.nasdaq.com - December 27 at 12:08 PM
capitalcube.com logoCommunications Sales & Leasing, Inc. breached its 50 day moving average in a Bullish Manner : CSAL-US : December 26, 2016 (NASDAQ:CSAL)
www.capitalcube.com - December 26 at 11:42 AM
seekingalpha.com logoCommunications Sales & Leasing: One Of The Few Clear Shorts (NASDAQ:CSAL)
seekingalpha.com - December 23 at 9:47 PM
News IconTraders are Keeping Track of Technicals on Shares of Communications Sales and Leasing Inc. (CSAL) - StockTalk Daily (NASDAQ:CSAL)
stocktalkdaily.com - December 20 at 5:13 PM
biz.yahoo.com logoCOMMUNICATIONS SALES & LEASING, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statem (NASDAQ:CSAL)
biz.yahoo.com - December 15 at 4:56 PM

Social

What is Communications Sales & Leasing's stock symbol?

Communications Sales & Leasing trades on the NASDAQ under the ticker symbol "CSAL."

How often does Communications Sales & Leasing pay dividends? What is the dividend yield for Communications Sales & Leasing?

Communications Sales & Leasing declared a quarterly dividend on Wednesday, February 15th. Investors of record on Friday, March 31st will be paid a dividend of $0.60 per share on Friday, April 14th. This represents a $2.40 annualized dividend and a yield of 8.29%. The ex-dividend date is Wednesday, March 29th.

Where is Communications Sales & Leasing's stock going? Where will Communications Sales & Leasing's stock price be in 2017?

8 brokerages have issued 12-month price targets for Communications Sales & Leasing's shares. Their forecasts range from $30.00 to $35.00. On average, they anticipate Communications Sales & Leasing's stock price to reach $32.20 in the next twelve months.

When will Communications Sales & Leasing announce their earnings?

Communications Sales & Leasing is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.

Who owns Communications Sales & Leasing stock?

Communications Sales & Leasing's stock is owned by a number of of institutional and retail investors. Top institutional investors include Thompson Siegel & Walmsley LLC (2.32%), State Street Corp (2.23%), Renaissance Technologies LLC (1.23%), Zimmer Partners LP (1.01%), FMR LLC (0.99%) and Guggenheim Capital LLC (0.47%).

Who sold Communications Sales & Leasing stock? Who is selling Communications Sales & Leasing stock?

Communications Sales & Leasing's stock was sold by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Renaissance Technologies LLC, Jupiter Asset Management Ltd., State Street Corp, State Board of Administration of Florida Retirement System, Menta Capital LLC, Friedberg Investment Management and Ancora Advisors LLC.

Who bought Communications Sales & Leasing stock? Who is buying Communications Sales & Leasing stock?

Communications Sales & Leasing's stock was acquired by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, FMR LLC, Guggenheim Capital LLC, Numeric Investors LLC, ACT II Management LP, Independent Order of Foresters, Janus Capital Management LLC and Foresters Investment Management Company Inc..

How do I buy Communications Sales & Leasing stock?

Shares of Communications Sales & Leasing can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Communications Sales & Leasing stock cost?

One share of Communications Sales & Leasing stock can currently be purchased for approximately $28.94.

Communications Sales & Leasing (NASDAQ:CSAL) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Communications Sales & Leasing (NASDAQ:CSAL)

Earnings History Chart

Earnings by Quarter for Communications Sales & Leasing (NASDAQ:CSAL)

Dividend History Chart

Dividend Payments by Quarter for Communications Sales & Leasing (NASDAQ:CSAL)

Last Updated on 2/27/2017 by MarketBeat.com Staff