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NYSE:CCI

Crown Castle (CCI) Stock Price, News & Analysis

$99.04
-1.18 (-1.18%)
(As of 05/23/2024 ET)
Today's Range
$98.53
$100.14
50-Day Range
$93.03
$105.83
52-Week Range
$84.72
$119.50
Volume
2.00 million shs
Average Volume
3.03 million shs
Market Capitalization
$43.03 billion
P/E Ratio
30.95
Dividend Yield
6.32%
Price Target
$112.64

Crown Castle MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
13.7% Upside
$112.64 Price Target
Short Interest
Healthy
1.10% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.94
Upright™ Environmental Score
News Sentiment
0.67mentions of Crown Castle in the last 14 days
Based on 31 Articles This Week
Insider Trading
Acquiring Shares
$1,857 Bought Last Quarter
Proj. Earnings Growth
-3.04%
From $6.58 to $6.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.72 out of 5 stars

Finance Sector

68th out of 846 stocks

Real Estate Investment Trusts Industry

12th out of 175 stocks

CCI stock logo

About Crown Castle Stock (NYSE:CCI)

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.

CCI Stock Price History

CCI Stock News Headlines

Crown Castle Declares Quarterly Common Stock Dividend
Crown Castle Sees Unusually High Options Volume (NYSE:CCI)
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Last Earnings
4/17/2024
Today
5/23/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Wireless Telecommunication Services
CUSIP
22822710
Employees
4,700
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$112.64
High Stock Price Target
$140.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+13.7%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
14 Analysts

Profitability

Net Income
$1.50 billion
Pretax Margin
20.75%

Debt

Sales & Book Value

Annual Sales
$6.98 billion
Cash Flow
$7.45 per share
Book Value
$13.92 per share

Miscellaneous

Free Float
432,828,000
Market Cap
$43.03 billion
Optionable
Optionable
Beta
0.76

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CCI Stock Analysis - Frequently Asked Questions

Should I buy or sell Crown Castle stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last twelve months. There are currently 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCI, but not buy additional shares or sell existing shares.
View CCI analyst ratings
or view top-rated stocks.

What is Crown Castle's stock price target for 2024?

14 equities research analysts have issued twelve-month price targets for Crown Castle's stock. Their CCI share price targets range from $100.00 to $140.00. On average, they anticipate the company's share price to reach $112.64 in the next year. This suggests a possible upside of 13.7% from the stock's current price.
View analysts price targets for CCI
or view top-rated stocks among Wall Street analysts.

How have CCI shares performed in 2024?

Crown Castle's stock was trading at $115.19 on January 1st, 2024. Since then, CCI stock has decreased by 14.0% and is now trading at $99.04.
View the best growth stocks for 2024 here
.

Are investors shorting Crown Castle?

Crown Castle saw a decrease in short interest in April. As of April 30th, there was short interest totaling 4,770,000 shares, a decrease of 7.0% from the April 15th total of 5,130,000 shares. Based on an average daily trading volume, of 2,910,000 shares, the days-to-cover ratio is presently 1.6 days.
View Crown Castle's Short Interest
.

When is Crown Castle's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our CCI earnings forecast
.

How were Crown Castle's earnings last quarter?

Crown Castle Inc. (NYSE:CCI) issued its quarterly earnings results on Wednesday, April, 17th. The real estate investment trust reported $0.71 EPS for the quarter, missing the consensus estimate of $1.63 by $0.92. The real estate investment trust had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Crown Castle had a trailing twelve-month return on equity of 21.30% and a net margin of 20.32%. Crown Castle's quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.91 EPS.
Read the conference call transcript
.

How often does Crown Castle pay dividends? What is the dividend yield for Crown Castle?

Crown Castle announced a quarterly dividend on Wednesday, May 22nd. Shareholders of record on Friday, June 14th will be paid a dividend of $1.565 per share on Friday, June 28th. This represents a $6.26 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for CCI
.

Is Crown Castle a good dividend stock?

Crown Castle (NYSE:CCI) pays an annual dividend of $6.26 per share and currently has a dividend yield of 6.25%. CCI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 195.63%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CCI will have a dividend payout ratio of 98.12% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CCI.

What guidance has Crown Castle issued on next quarter's earnings?

Crown Castle issued an update on its FY 2024 earnings guidance on Wednesday, April, 17th. The company provided EPS guidance of 6.850-6.970 for the period, compared to the consensus earnings per share estimate of 6.880. The company issued revenue guidance of -.

What is Jay Brown's approval rating as Crown Castle's CEO?

205 employees have rated Crown Castle Chief Executive Officer Jay Brown on Glassdoor.com. Jay Brown has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Crown Castle own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Crown Castle investors own include NVIDIA (NVDA), AT&T (T), QUALCOMM (QCOM), Verizon Communications (VZ), Cisco Systems (CSCO), Intel (INTC), AbbVie (ABBV), Walt Disney (DIS), American Tower (AMT) and Home Depot (HD).

Who are Crown Castle's major shareholders?

Crown Castle's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.03%), Capital World Investors (2.61%), National Bank of Canada FI (0.84%), Bank of New York Mellon Corp (0.64%), ClearBridge Investments Ltd (0.61%) and Capital Research Global Investors (0.56%). Insiders that own company stock include Catherine Piche, Christopher Levendos, J Landis Martin, Jason Genrich, Kevin A Stephens, Laura B Nichol, Matthew Thornton III, Michael Joseph Kavanagh and Robert Sean Collins.
View institutional ownership trends
.

How do I buy shares of Crown Castle?

Shares of CCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Crown Castle have any subsidiaries?
The following companies are subsidiares of Crown Castle: CC Holdings GS V LLC, CC Sunesys Fiber Networks LLC, CC Towers Guarantor LLC, CC Towers Holding LLC, CCATT Holdings LLC, CCATT LLC, CCGS Holdings Corp., CCS & E LLC, CCT2 Holdings LLC, CCTM Holdings LLC, CCTM1 LLC, CCTMO LLC, Crown Atlantic Company LLC, Crown Castle Atlantic LLC, Crown Castle BP ATT LLC, Crown Castle CA Corp., Crown Castle GT Company LLC, Crown Castle GT Corp., Crown Castle GT Holding Sub LLC, Crown Castle International Corp. de Puerto Rico, Crown Castle Investment Corp., Crown Castle NG Central LLC, Crown Castle NG East LLC, Crown Castle NG Networks LLC, Crown Castle NG West LLC, Crown Castle Operating Company, Crown Castle PR LLC, Crown Castle PT Inc., Crown Castle Solutions LLC, Crown Castle South LLC, Crown Castle Towers 06-2 LLC, Crown Castle Towers LLC, Crown Castle USA Inc., Crown Communication LLC, Fibernet Direct Florida LLC, Fibernet Direct Holdings LLC, Fibernet Direct TEL LLC, Fibernet Direct Texas LLC, Global Signal, Global Signal Acquisitions II LLC, Global Signal Acquisitions III LLC, Global Signal Acquisitions IV LLC, Global Signal Acquisitions LLC, Global Signal GP LLC, Global Signal Holdings III LLC, Global Signal Operating Partnership L.P., GoldenState Towers LLC, InfraSource FI LLC, Lightower Fiber Networks, MW Cell REIT 1 LLC, NewPath Networks, NextG Networks, OP LLC, PR Site Development Corporation, Pinnacle Towers Acquisition Holdings LLC, Pinnacle Towers Acquisition LLC, Pinnacle Towers LLC, Sunesys LLC, Tower Development, Towers Development Corporation, Towers Ventures III LLC, TriStar Investors, WCP Wireless Site RE Funding LLC, WCP Wireless Site RE Holdco LLC, and Wilcon.
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This page (NYSE:CCI) was last updated on 5/24/2024 by MarketBeat.com Staff

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