Barclays Issues Positive Forecast for Crown Castle (NYSE:CCI) Stock Price

Key Points

• Barclays raised its price target on Crown Castle to $92 from $91 while keeping an "equal weight" rating, implying only a modest 2.44% upside from the current share price.
• Crown Castle beat Q1 estimates, reporting $1.02 EPS vs. $0.47 expected and $1.01B revenue, and set FY2026 guidance of $4.38–$4.49 EPS (analysts' average forecast: $4.22).
• Analyst views are mixed but skew positive: the consensus is a "Moderate Buy" with a consensus price target of $99.39 (2 Strong Buy, 8 Buy, 11 Hold ratings).

Crown Castle (NYSE:CCI - Get Free Report) had its price objective hoisted by investment analysts at Barclays from $91.00 to $92.00 in a report released on Monday,MarketScreener reports. The firm currently has an "equal weight" rating on the real estate investment trust's stock. Barclays's target price suggests a potential upside of 2.44% from the company's current price.

Other analysts have also issued reports about the company. Zacks Research upgraded Crown Castle from a "strong sell" rating to a "hold" rating in a research note on Wednesday, March 4th. KeyCorp raised their price objective on shares of Crown Castle from $98.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, April 23rd. Scotiabank reduced their target price on shares of Crown Castle from $94.00 to $91.00 and set a "sector perform" rating on the stock in a research report on Tuesday, April 7th. Weiss Ratings raised shares of Crown Castle from a "sell (d)" rating to a "hold (c-)" rating in a report on Tuesday, February 24th. Finally, The Goldman Sachs Group reduced their price objective on Crown Castle from $105.00 to $95.00 and set a "neutral" rating on the stock in a report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $99.39.

Crown Castle Trading Down 0.4%

NYSE CCI opened at $89.81 on Monday. Crown Castle has a 1-year low of $75.96 and a 1-year high of $115.76. The company has a 50 day moving average of $85.81 and a 200-day moving average of $88.16. The firm has a market cap of $39.19 billion, a price-to-earnings ratio of 37.16, a PEG ratio of 0.45 and a beta of 0.93.

Crown Castle (NYSE:CCI - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 EPS for the quarter, topping the consensus estimate of $0.47 by $0.55. Crown Castle had a negative return on equity of 64.64% and a net margin of 25.13%.The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $995.42 million. During the same period in the previous year, the business earned $1.10 EPS. Crown Castle's revenue was down 4.9% compared to the same quarter last year. Crown Castle has set its FY 2026 guidance at 4.380-4.490 EPS. On average, analysts forecast that Crown Castle will post 4.22 earnings per share for the current year.

Insider Buying and Selling

In other news, VP Robert Sean Collins sold 3,000 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $87.49, for a total value of $262,470.00. Following the transaction, the vice president owned 5,800 shares of the company's stock, valued at $507,442. This represents a 34.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Edward B. Adams, Jr. sold 4,650 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $86.34, for a total value of $401,481.00. Following the completion of the transaction, the executive vice president owned 25,183 shares in the company, valued at $2,174,300.22. This represents a 15.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.09% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Crown Castle

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Crown Castle by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 69,769,393 shares of the real estate investment trust's stock valued at $6,200,406,000 after acquiring an additional 386,733 shares during the period. Cohen & Steers Inc. grew its holdings in Crown Castle by 11.0% during the fourth quarter. Cohen & Steers Inc. now owns 39,790,292 shares of the real estate investment trust's stock valued at $3,536,214,000 after purchasing an additional 3,953,685 shares during the period. State Street Corp increased its stake in Crown Castle by 2.4% in the fourth quarter. State Street Corp now owns 22,239,559 shares of the real estate investment trust's stock valued at $1,976,430,000 after purchasing an additional 511,018 shares in the last quarter. Wellington Management Group LLP increased its stake in Crown Castle by 2.8% in the fourth quarter. Wellington Management Group LLP now owns 13,986,852 shares of the real estate investment trust's stock valued at $1,243,012,000 after purchasing an additional 380,419 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Crown Castle by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 13,027,749 shares of the real estate investment trust's stock worth $1,156,972,000 after purchasing an additional 184,533 shares during the period. Institutional investors own 90.77% of the company's stock.

Crown Castle Company Profile

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company's assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.

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