Jefferies Financial Group Analysts Lower Earnings Estimates for Radius Global Infrastructure, Inc. (NASDAQ:RADI)

Radius Global Infrastructure, Inc. (NASDAQ:RADIGet Rating) – Stock analysts at Jefferies Financial Group reduced their FY2022 earnings estimates for Radius Global Infrastructure in a research note issued to investors on Tuesday, May 10th. Jefferies Financial Group analyst J. Petersen now expects that the company will earn ($0.07) per share for the year, down from their prior estimate of $0.06. Jefferies Financial Group also issued estimates for Radius Global Infrastructure’s FY2023 earnings at $0.13 EPS, FY2024 earnings at $0.26 EPS and FY2025 earnings at $0.40 EPS.

RADI has been the topic of a number of other reports. Zacks Investment Research lowered Radius Global Infrastructure from a “buy” rating to a “hold” rating in a research note on Wednesday, May 4th. Credit Suisse Group cut their price objective on Radius Global Infrastructure from $24.00 to $23.00 and set an “outperform” rating for the company in a report on Wednesday, March 2nd. Finally, Raymond James upped their price objective on Radius Global Infrastructure from $18.00 to $22.00 in a report on Tuesday.

Shares of NASDAQ RADI opened at $13.97 on Friday. The firm has a market capitalization of $1.45 billion, a P/E ratio of -17.46 and a beta of 1.88. The company has a quick ratio of 6.42, a current ratio of 6.42 and a debt-to-equity ratio of 1.66. The stock’s 50-day simple moving average is $13.65 and its two-hundred day simple moving average is $14.77. Radius Global Infrastructure has a twelve month low of $11.70 and a twelve month high of $18.79.

Radius Global Infrastructure (NASDAQ:RADIGet Rating) last released its quarterly earnings data on Monday, May 9th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). Radius Global Infrastructure had a negative net margin of 55.12% and a negative return on equity of 8.90%. During the same period in the prior year, the business earned ($0.66) EPS.

A number of large investors have recently bought and sold shares of the stock. Teacher Retirement System of Texas raised its holdings in Radius Global Infrastructure by 6.4% during the 1st quarter. Teacher Retirement System of Texas now owns 12,619 shares of the company’s stock valued at $180,000 after buying an additional 760 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Radius Global Infrastructure by 5.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 19,010 shares of the company’s stock worth $306,000 after purchasing an additional 969 shares in the last quarter. UBS Asset Management Americas Inc. raised its holdings in Radius Global Infrastructure by 4.5% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 35,947 shares of the company’s stock worth $587,000 after purchasing an additional 1,554 shares in the last quarter. Madison Asset Management LLC raised its holdings in Radius Global Infrastructure by 0.7% in the 3rd quarter. Madison Asset Management LLC now owns 235,689 shares of the company’s stock worth $3,849,000 after purchasing an additional 1,557 shares in the last quarter. Finally, Advisor Group Holdings Inc. raised its holdings in Radius Global Infrastructure by 30.6% in the 3rd quarter. Advisor Group Holdings Inc. now owns 8,451 shares of the company’s stock worth $138,000 after purchasing an additional 1,980 shares in the last quarter. Institutional investors own 90.95% of the company’s stock.

Radius Global Infrastructure Company Profile (Get Rating)

Radius Global Infrastructure, Inc, together with its subsidiaries, engages in the acquisition and rental of telecom real property interests and contractual rights. The company leases wireless towers or antennae, and other communications infrastructure. As of December 31, 2021, it had interests in 8,506 leases situated on 8,186 communications sites located in the United States and 19 other countries.

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Earnings History and Estimates for Radius Global Infrastructure (NASDAQ:RADI)

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