Crown Castle - CCI Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last year. There are currently 1 sell rating, 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CCI shares.
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14 Wall Street analysts have issued twelve-month price targets for Crown Castle's shares. Their CCI share price forecasts range from $135.00 to $200.00. On average, they anticipate the company's share price to reach $159.29 in the next twelve months. This suggests a possible upside of 9.8% 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 at the start of the year. Since then, CCI shares have increased by 7.0% and is now trading at $145.11.
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Crown Castle saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 4,010,000 shares, an increase of 6.9% from the December 31st total of 3,750,000 shares. Based on an average daily trading volume, of 2,430,000 shares, the short-interest ratio is presently 1.7 days. Approximately 0.9% of the company's stock are sold short.
View Crown Castle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our CCI earnings forecast.

Crown Castle Inc. (NYSE:CCI) released its quarterly earnings data on Wednesday, January, 25th. The real estate investment trust reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $1.78 by $0.83. The real estate investment trust earned $1.76 billion during the quarter, compared to analysts' expectations of $1.74 billion. Crown Castle had a net margin of 23.96% and a trailing twelve-month return on equity of 21.58%. The firm's revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.77 EPS.
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Crown Castle declared a quarterly dividend on Wednesday, October 19th. Shareholders of record on Thursday, December 15th will be paid a dividend of $1.565 per share on Friday, December 30th. This represents a $6.26 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Wednesday, December 14th. This is a positive change from the stock's previous quarterly dividend of $1.47.
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 4.20%. 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 162.18%. 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 86.58% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CCI.

Crown Castle issued an update on its FY23 earnings guidance on Wednesday, January, 25th. The company provided earnings per share (EPS) guidance of $7.58-$7.68 for the period, compared to the consensus earnings per share estimate of $7.75.

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

Crown Castle's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.07%), M&G Investment Management Ltd. (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), New York State Common Retirement Fund (0.17%), Maple Brown Abbott Ltd (0.17%) and Sarasin & Partners LLP (0.15%). Insiders that own company stock include Catherine Piche, Christopher Levendos, Daniel K Schlanger, J Landis Martin, James D Young, Kenneth Jay Simon, Kevin A Stephens, Matthew Thornton III, Michael Joseph Kavanagh and Robert Sean Collins.
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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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One share of CCI stock can currently be purchased for approximately $145.11.

Crown Castle (NYSE:CCI) has a market capitalization of $62.84 billion and generates $6.99 billion in revenue each year. The real estate investment trust earns $1.68 billion in net income (profit) each year or $3.86 on an earnings per share basis.

The company employs 5,000 workers across the globe.

Crown Castle's mailing address is 1220 AUGUSTA DRIVE SUITE 600, HOUSTON TX, 77057. The official website for the company is www.crowncastle.com. The real estate investment trust can be reached via phone at (713) 570-3000, via email at ir@crowncastle.com, or via fax at 713-570-3100.