Headlines about Communications Sales & Leasing,Inc. (NASDAQ:UNIT) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Communications Sales & Leasing,Inc. earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 47.0226652430349 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern’s scoring:

A number of brokerages have recently commented on UNIT. Royal Bank Of Canada began coverage on shares of Communications Sales & Leasing,Inc. in a research report on Monday, June 19th. They set an “outperform” rating and a $32.00 target price on the stock. Cowen and Company reaffirmed a “buy” rating and set a $33.00 target price on shares of Communications Sales & Leasing,Inc. in a research report on Friday, July 28th. Deutsche Bank AG raised their target price on shares of Communications Sales & Leasing,Inc. from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, June 7th. ValuEngine lowered shares of Communications Sales & Leasing,Inc. from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Finally, Zacks Investment Research lowered shares of Communications Sales & Leasing,Inc. from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Communications Sales & Leasing,Inc. presently has an average rating of “Buy” and an average price target of $30.43.

Communications Sales & Leasing,Inc. (NASDAQ:UNIT) opened at 19.37 on Friday. Communications Sales & Leasing,Inc. has a one year low of $18.93 and a one year high of $32.73. The company’s 50-day moving average is $24.70 and its 200 day moving average is $25.89. The stock’s market capitalization is $3.40 billion.

Communications Sales & Leasing,Inc. (NASDAQ:UNIT) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.06. The company had revenue of $213.01 million for the quarter, compared to analysts’ expectations of $214.09 million. During the same quarter in the prior year, the firm posted $0.56 earnings per share. The firm’s revenue for the quarter was up 13.0% compared to the same quarter last year. Equities analysts expect that Communications Sales & Leasing,Inc. will post ($0.13) EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 12.39%. The ex-dividend date is Thursday, September 28th. Communications Sales & Leasing,Inc.’s payout ratio is currently -750.00%.

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Communications Sales & Leasing,Inc. Company Profile

Uniti Group Inc, formerly Communications Sales & Leasing, Inc, is an internally managed real estate investment trust engaged in the acquisition and construction of infrastructure in the communications industry. The Company focuses on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers.

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