Crown Castle (CCI) Projected to Post Quarterly Earnings on Wednesday

Crown Castle (NYSE:CCI - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 16th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $1.04 billion for the quarter.

Crown Castle (NYSE:CCI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $1.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.72 by ($0.62). Crown Castle had a negative net margin of 78.12% and a negative return on equity of 164.40%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the firm posted $1.72 earnings per share. The company's revenue was down 4.8% compared to the same quarter last year. On average, analysts expect Crown Castle to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Crown Castle Trading Up 0.7%

Shares of NYSE:CCI opened at $102.61 on Wednesday. Crown Castle has a 12-month low of $84.20 and a 12-month high of $120.92. The company has a market capitalization of $44.68 billion, a PE ratio of -9.54, a PEG ratio of 0.79 and a beta of 0.88. The business has a 50 day moving average of $101.47 and a two-hundred day moving average of $97.08.

Crown Castle Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date was Friday, June 13th. Crown Castle's payout ratio is presently -39.50%.

Insider Transactions at Crown Castle

In other news, EVP Edward B. Adams, Jr. sold 8,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $106.37, for a total transaction of $850,960.00. Following the sale, the executive vice president owned 20,528 shares of the company's stock, valued at approximately $2,183,563.36. This trade represents a 28.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Daniel K. Schlanger sold 20,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $106.38, for a total value of $2,127,600.00. Following the sale, the chief executive officer directly owned 110,571 shares in the company, valued at $11,762,542.98. This trade represents a 15.32% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 31,600 shares of company stock valued at $3,362,752. Corporate insiders own 0.10% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Crown Castle stock. Empowered Funds LLC raised its stake in Crown Castle Inc. (NYSE:CCI - Free Report) by 7.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,444 shares of the real estate investment trust's stock after purchasing an additional 1,150 shares during the quarter. Empowered Funds LLC's holdings in Crown Castle were worth $1,714,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 90.77% of the company's stock.

Analysts Set New Price Targets

CCI has been the subject of several research analyst reports. Wells Fargo & Company raised Crown Castle from an "underweight" rating to an "equal weight" rating and upped their target price for the stock from $85.00 to $105.00 in a research note on Monday, March 17th. New Street Research raised Crown Castle from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st. Wall Street Zen downgraded Crown Castle from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. JMP Securities raised their price objective on Crown Castle from $115.00 to $125.00 and gave the stock a "market outperform" rating in a research report on Thursday, May 1st. Finally, Royal Bank Of Canada raised their target price on Crown Castle from $107.00 to $112.00 and gave the company a "sector perform" rating in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $113.06.

Crown Castle Company Profile

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them.

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