Crown Castle International Corporation Company Profile (NYSE:CCI)

Crown Castle International Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCI."

Crown Castle International Corporation announced a quarterly dividend on Thursday, May 18th. Shareholders of record on Friday, June 16th will be paid a dividend of $0.95 per share on Friday, June 30th. This represents a $3.80 annualized dividend and a yield of 3.83%. The ex-dividend date is Wednesday, June 14th. View Crown Castle International Corporation's Dividend History.

Crown Castle International Corporation (NYSE:CCI) released its quarterly earnings results on Wednesday, July, 19th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. The business had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.03 billion. Crown Castle International Corporation had a return on equity of 6.21% and a net margin of 11.14%. The company's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $1.05 earnings per share. View Crown Castle International Corporation's Earnings History.

Crown Castle International Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for Crown Castle International Corporation.

12 brokers have issued 12-month price targets for Crown Castle International Corporation's shares. Their predictions range from $91.50 to $117.00. On average, they expect Crown Castle International Corporation's share price to reach $104.05 in the next year. View Analyst Ratings for Crown Castle International Corporation.

Here are some recent quotes from research analysts about Crown Castle International Corporation stock:

• 1. Macquarie analysts commented, "We remain constructive on Crown’s long-term position to capitalize on the growth of small cells and a fiber footprint that will span 60k+ miles. Upcoming network investments and a focus on densification bode well for Crown, particularly with buildouts slated for ‘18/’19. However, much of the growth will be long-tailed and fiber portfolios carry different profiles. In addition, leverage of 5.9x is above its 4-5x target leaving little room for financial flexibility. Our target goes slightly lower to US$107 based on 20x ‘18E AFFO/sh to reflect revised Wilcon estimates now in guidance. Impact The US$7.1bn Lightower deal doubles Crown’s fiber footprint in top metro markets. With 32k+ miles of fiber in top cities including Boston, NYC, and Philadelphia as well as minimal overlap with Crown’s current footprint, the combined company will own/have rights to 60k+ miles of fiber. Crown’s fiber footprint will cover the top 10 markets and 23 out of the top 25 metro markets. This all-cash deal values Lightower at 13.5x adj. EBITDA (vs. Sunesys at ~16x and CCI currently trading at ~20x) and should close by year-end ’17. Within its first full year of operation, Lightower is projected to contribute: 1) US$850- 870m in site rental revenues; 2) US$163-213m in net income; 3) US$510-530m in adj. EBITDA; and 4) US$465-485m in AFFO before financing costs. Management also expects to increase the dividend by US$0.15-0.20/sh p.a; our US$107 target implies a ~4% yield with the proposed increase. The long-term dividend growth target is now 7-8% from 6-7% previously." (7/19/2017)
• 2. According to Zacks Investment Research, "Crown Castle recently completed the acquisition of privately-held Wilcon Holdings. With this buyout, Crown Castle will attain ownership over 28,000 route miles of fiber. Moreover, Crown Castle’s extensive tower portfolio, increased demand for infrastructure, healthy leasing activity, continual buyout of towers and growing demand for mobile broadband act as major positives. Crown Castle acquired 9,700 wireless towers from AT&T and 7,200 from T-Mobile US. The deployment of 5G network should drive growth on the company’s tower and small cell assets as the wireless carriers look to expand and enhance their networks. Over the past three months, the stock has outperformed the Zacks classified REIT-Equity Trust-Other industry. However, high customer concentration, consolidated wireless industry, expenses related to technological changes and foreign currency exchange rate risks remain potent headwinds." (7/11/2017)

Some companies that are related to Crown Castle International Corporation include ING Group, N.V. (ING), Axa SA (AXAHY), Australia & New Zealand Banking Group (ANZBY), BlackRock (BLK), D/B/A Chubb Limited New (CB), UBS AG (UBS), Lloyds Banking Group PLC (LYG), National Australia Bank (NABZY), Banco Bradesco SA (BBD), Prudential Public Limited Company (PUK), PNC Financial Services Group, Inc. (The) (PNC), American International Group (AIG), MetLife (MET), American Tower Corporation (REIT) (AMT), The Charles Schwab Corporation (SCHW), PowerShares QQQ Trust, Series 1 (QQQ), Yahoo! (AABA) and Bank Of New York Mellon Corporation (The) (BK).

Crown Castle International Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Miller Howard Investments Inc. NY (0.28%), Bank of Montreal Can (0.20%), AMF Pensionsforsakring AB (0.15%), Skylands Capital LLC (0.14%), Forsta AP Fonden (0.12%) and Factory Mutual Insurance Co. (0.10%). Company insiders that own Crown Castle International Corporation stock include Anthony J Melone, Ari Q Fitzgerald, Daniel K Schlanger, James D Young, Kenneth Jay Simon, Philip M Kelley, Rob A Fisher, Robert E Garrison II, Robert F Mckenzie and W Benjamin Moreland. View Institutional Ownership Trends for Crown Castle International Corporation.

Crown Castle International Corporation's stock was sold by a variety of institutional investors in the last quarter, including Dynamic Advisors Solutions LLC, Factory Mutual Insurance Co., Skylands Capital LLC, Huntington National Bank, Exxonmobil Investment Management Inc. TX, Anderson Hoagland & Co., OLD National Bancorp IN and Nisa Investment Advisors LLC. Company insiders that have sold Crown Castle International Corporation stock in the last year include Ari Q Fitzgerald, James D Young, Rob A Fisher, Robert E Garrison II, Robert F Mckenzie and W Benjamin Moreland. View Insider Buying and Selling for Crown Castle International Corporation.

Crown Castle International Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Forsta AP Fonden, Miller Howard Investments Inc. NY, Bank of Montreal Can, Real Estate Management Services LLC, Mn Services Vermogensbeheer B.V., Ranger Global Real Estate Advisors LLC, Tealwood Asset Management Inc. and BB&T Corp. Company insiders that have bought Crown Castle International Corporation stock in the last two years include Anthony J Melone, Daniel K Schlanger and Kenneth Jay Simon. View Insider Buying and Selling for Crown Castle International Corporation.

Shares of Crown Castle International Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Crown Castle International Corporation stock can currently be purchased for approximately $99.14.