Representative Jefferson Shreve (R-Indiana) recently bought shares of Crown Castle Inc. NYSE: CCI. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Crown Castle stock on April 11th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
- Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.
Crown Castle Stock Up 1.7%
Shares of Crown Castle stock traded up $1.72 on Thursday, reaching $99.95. The stock had a trading volume of 1,093,770 shares, compared to its average volume of 2,875,601. The company has a 50 day moving average price of $101.65 and a 200 day moving average price of $97.71. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 4.43. Crown Castle Inc. has a 1 year low of $84.20 and a 1 year high of $120.92. The stock has a market capitalization of $43.52 billion, a P/E ratio of 35.47 and a beta of 0.93.
Crown Castle (NYSE:CCI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $1.10 EPS for the quarter, missing the consensus estimate of $1.72 by ($0.62). Crown Castle had a net margin of 18.59% and a return on equity of 20.98%. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the previous year, the firm posted $1.72 earnings per share. The business's revenue was down 4.8% on a year-over-year basis. As a group, equities research analysts forecast that Crown Castle Inc. will post 6.67 EPS for the current year.
Crown Castle Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $1.565 per share. This represents a $6.26 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date was Friday, March 14th. Crown Castle's dividend payout ratio (DPR) is -58.18%.
Insider Transactions at Crown Castle
In other Crown Castle news, EVP Edward B. Adams, Jr. sold 8,000 shares of Crown Castle stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $106.37, for a total value of $850,960.00. Following the completion of the sale, the executive vice president now directly owns 20,528 shares in the company, valued at $2,183,563.36. The trade was a 28.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert Sean Collins sold 3,600 shares of Crown Castle stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $106.72, for a total transaction of $384,192.00. Following the completion of the sale, the vice president now owns 6,465 shares of the company's stock, valued at $689,944.80. This trade represents a 35.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 31,600 shares of company stock valued at $3,362,752 over the last ninety days. Corporate insiders own 0.10% of the company's stock.
Hedge Funds Weigh In On Crown Castle
Several hedge funds have recently made changes to their positions in CCI. Iron Horse Wealth Management LLC purchased a new position in shares of Crown Castle in the first quarter worth approximately $26,000. Centerpoint Advisors LLC purchased a new position in shares of Crown Castle in the first quarter worth approximately $26,000. Opal Wealth Advisors LLC purchased a new position in shares of Crown Castle in the first quarter worth approximately $26,000. Stone House Investment Management LLC purchased a new position in shares of Crown Castle in the first quarter worth approximately $27,000. Finally, Twin Tree Management LP purchased a new position in shares of Crown Castle in the fourth quarter worth approximately $25,000. Institutional investors and hedge funds own 90.77% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have weighed in on CCI shares. Citizens Jmp upgraded shares of Crown Castle to a "strong-buy" rating in a research report on Monday, January 27th. Scotiabank raised their price objective on shares of Crown Castle from $99.00 to $109.00 and gave the stock a "sector perform" rating in a research report on Tuesday, April 22nd. Argus upgraded shares of Crown Castle to a "hold" rating in a report on Friday, March 21st. Moffett Nathanson lowered their price target on shares of Crown Castle from $127.00 to $105.00 in a report on Thursday, January 23rd. Finally, Citigroup upped their price target on shares of Crown Castle from $108.00 to $124.00 and gave the company a "buy" rating in a research report on Monday, May 5th. Twelve analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Crown Castle presently has a consensus rating of "Moderate Buy" and an average target price of $112.41.
Check Out Our Latest Stock Analysis on CCI
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
Crown Castle Company Profile
(
Get Free Report)
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.
See Also
Before you consider Crown Castle, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Crown Castle wasn't on the list.
While Crown Castle currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
