Crown Castle Stock Price, News & Analysis (NYSE:CCI)

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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.
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15 analysts have issued 12 month price objectives for Crown Castle's shares. Their CCI share price targets range from $100.00 to $175.00. On average, they predict the company's stock price to reach $126.00 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for CCI or view top-rated stocks among Wall Street analysts.

Crown Castle's stock was trading at $135.64 on January 1st, 2023. Since then, CCI shares have decreased by 12.6% and is now trading at $118.57.
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Crown Castle saw a increase in short interest in October. As of October 31st, there was short interest totaling 5,720,000 shares, an increase of 11.7% from the October 15th total of 5,120,000 shares. Based on an average trading volume of 3,380,000 shares, the short-interest ratio is presently 1.7 days. Currently, 1.3% of the company's stock are short sold.
View Crown Castle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our CCI earnings forecast.

Crown Castle Inc. (NYSE:CCI) announced its quarterly earnings data on Thursday, October, 19th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts' consensus estimates of $1.69 by $1.08. The real estate investment trust earned $1.67 billion during the quarter, compared to the consensus estimate of $1.70 billion. Crown Castle had a trailing twelve-month return on equity of 21.85% and a net margin of 21.93%. During the same quarter last year, the firm posted $1.85 earnings per share.
Read the conference call transcript.

Crown Castle declared a quarterly dividend on Wednesday, October 18th. Investors of record on Friday, December 15th will be given a dividend of $1.565 per share on Friday, December 29th. This represents a $6.26 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for CCI.

Crown Castle (NYSE:CCI) pays an annual dividend of $6.26 per share and currently has a dividend yield of 5.34%. 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 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 174.86%. 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 94.85% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CCI.

ETFs with the largest weight of Crown Castle (NYSE:CCI) stock in their portfolio include Pacer Data & Infrastructure Real Estate ETF (SRVR), SP Funds S&P Global REIT Sharia ETF (SPRE), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Fidelity Real Estate Investment ETF (FPRO), IQ CBRE NextGen Real Estate ETF (ROOF), iShares US Credit Bond ETF (CRED), iShares Cohen & Steers REIT ETF (ICF) and Real Estate Select Sector SPDR Fund (XLRE).

Crown Castle updated its FY 2024 earnings guidance on Wednesday, October, 18th. The company provided EPS guidance of $6.85-$6.97 for the period, compared to the consensus earnings per share estimate of $7.15. The company issued revenue guidance of -.

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.

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).

Crown Castle's stock is owned by a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (3.02%), FMR LLC (2.75%), Wellington Management Group LLP (2.34%), The Manufacturers Life Insurance Company (1.63%), Aristotle Capital Management LLC (1.46%) and Royal Bank of Canada (1.32%). Insiders that own company stock include Catherine Piche, Christopher Levendos, Daniel K Schlanger, J Landis Martin, Kenneth Jay Simon, Kevin A Stephens, Laura B Nichol, Matthew Thornton III, Michael Joseph Kavanagh and Robert Sean Collins.
View institutional ownership trends.

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