S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
NYSE:CCI

Crown Castle (CCI) Stock Price, News & Analysis

$96.71
-0.37 (-0.38%)
(As of 04/12/2024 ET)
Today's Range
$96.23
$97.16
50-Day Range
$96.72
$112.92
52-Week Range
$84.72
$134.50
Volume
2.69 million shs
Average Volume
2.49 million shs
Market Capitalization
$42.02 billion
P/E Ratio
27.95
Dividend Yield
6.47%
Price Target
$118.93

Crown Castle MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
23.0% Upside
$118.93 Price Target
Short Interest
Healthy
1.07% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.94
Upright™ Environmental Score
News Sentiment
0.68mentions of Crown Castle in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.73%
From $6.60 to $6.42 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.

3.95 out of 5 stars

Finance Sector

328th out of 849 stocks

Real Estate Investment Trusts Industry

54th out of 176 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

Start loving Mondays like this
Wouldn’t you love to start looking forward to Mondays? We’re in a New Paradigm Shift in the market that could make it possible! You see, rallies over the weekends have become much more common in the last few years. Imagine hitting a few buttons on your phone or laptop to place a quick trade before the weekend hits… And coming back on Monday to what could be extra income sitting in your account… Weekend after weekend!
Crown Castle Appoints Steven Moskowitz As President And CEO
Start loving Mondays like this
Wouldn’t you love to start looking forward to Mondays? We’re in a New Paradigm Shift in the market that could make it possible! You see, rallies over the weekends have become much more common in the last few years. Imagine hitting a few buttons on your phone or laptop to place a quick trade before the weekend hits… And coming back on Monday to what could be extra income sitting in your account… Weekend after weekend!
Crown Castle names Steven Moskowitz as CEO
Crown Castle names Steven Moskowitz as CEO
Crown Castle (CCI) Scheduled to Post Earnings on Wednesday
Crown Castle Inc. (CCI)
Crown Castle Inc. Common Stock (CCI)
Crown Castle Issues Open Letter to Shareholders
See More Headlines
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Company Calendar

Last Earnings
10/19/2023
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
4/13/2024
Next Earnings (Confirmed)
4/17/2024
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
$118.93
High Stock Price Target
$149.00
Low Stock Price Target
$104.00
Potential Upside/Downside
+23.0%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
13 Analysts

Profitability

Net Income
$1.50 billion
Pretax Margin
21.89%

Debt

Sales & Book Value

Annual Sales
$6.98 billion
Cash Flow
$7.54 per share
Book Value
$14.71 per share

Miscellaneous

Free Float
432,825,000
Market Cap
$42.02 billion
Optionable
Optionable
Beta
0.73

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Should I Buy Crown Castle Stock? CCI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Crown Castle Inc.:

  • Crown Castle Inc. has a strong dividend yield of 5.39%, providing investors with a steady income stream.
  • Morgan Stanley increased its holdings in Crown Castle Inc. by 8.9% during the third quarter, indicating confidence from institutional investors.
  • The company's stock price has been showing positive momentum, with a recent increase of 0.6%.
  • Crown Castle Inc. owns and operates a significant portfolio of cell towers and fiber infrastructure, positioning it well in the growing telecommunications sector.
  • Despite recent analyst rating changes, the company has a consensus price target of $126.50, suggesting potential upside.

Cons

Investors should be bearish about investing in Crown Castle Inc. for these reasons:

  • Analysts have issued mixed ratings on Crown Castle Inc., with some lowering price targets, indicating uncertainty in the market.
  • The company's dividend payout ratio is high at 174.86%, which may raise concerns about sustainability.
  • Crown Castle Inc. has a relatively high debt-to-equity ratio of 3.46, which could pose risks in a challenging economic environment.
  • The stock's price-to-earnings ratio of 32.56 and P/E/G ratio of 2.98 may suggest the stock is currently trading at a premium.
  • While the company has a strong presence in the U.S. market, any adverse regulatory changes or competition could impact its growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 6, 2024. Please send any questions or comments about these Crown Castle pros and cons to contact@marketbeat.com.

CCI Stock Analysis - Frequently Asked Questions

Should I buy or sell Crown Castle stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last twelve months. There are currently 8 hold ratings and 5 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?

13 brokerages have issued 12-month price objectives for Crown Castle's stock. Their CCI share price targets range from $104.00 to $149.00. On average, they expect the company's stock price to reach $118.93 in the next year. This suggests a possible upside of 23.0% 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 shares have decreased by 16.0% and is now trading at $96.71.
View the best growth stocks for 2024 here
.

Are investors shorting Crown Castle?

Crown Castle saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 4,870,000 shares, an increase of 34.9% from the February 29th total of 3,610,000 shares. Based on an average trading volume of 2,730,000 shares, the days-to-cover ratio is currently 1.8 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, April 17th 2024.
View our CCI earnings forecast
.

How can I listen to Crown Castle's earnings call?

Crown Castle will be holding an earnings conference call on Wednesday, April 17th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Crown Castle's earnings last quarter?

Crown Castle Inc. (NYSE:CCI) issued its quarterly earnings data on Thursday, October, 19th. The real estate investment trust reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $1.69 by $1.08. The real estate investment trust had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.70 billion. Crown Castle had a net margin of 21.47% and a trailing twelve-month return on equity of 21.95%. During the same quarter in the prior year, the business earned $1.85 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, February 21st. Stockholders of record on Friday, March 15th will be given a dividend of $1.565 per share on Thursday, March 28th. This represents a $6.26 dividend on an annualized basis and a yield of 6.47%. The ex-dividend date is Thursday, March 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 6.45%. CCI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 180.92%. 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 97.51% 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 Thursday, January, 25th. The company provided EPS guidance of 6.850-6.970 for the period, compared to the consensus EPS estimate of 6.870. 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 many different institutional and retail investors. Top institutional shareholders include Ferguson Wellman Capital Management Inc. (0.05%), Gateway Investment Advisers LLC (0.04%), Rheos Capital Works Inc. (0.03%), Czech National Bank (0.02%), IMC Chicago LLC (0.00%) and Massmutual Trust Co. FSB ADV (0.01%). Insiders that own company stock include Catherine Piche, Christopher Levendos, J Landis Martin, 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.
Read More
This page (NYSE:CCI) was last updated on 4/13/2024 by MarketBeat.com Staff

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