NYSE:CCI - CROWN CASTLE In/SH SH Stock Price, News, & Analysis

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$106.93 +0.31 (+0.29 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$106.93
Today's Range$106.06 - $107.89
52-Week Range$98.85 - $114.97
Volume2.57 million shs
Average Volume2.23 million shs
Market Capitalization$44.23 billion
P/E Ratio22.05
Dividend Yield3.94%
Beta0.35
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 60,000 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
SymbolNYSE:CCI
CUSIP22822710
Phone713-570-3000

Debt

Debt-to-Equity Ratio1.33
Current Ratio0.96
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio22.05
Forward P/E Ratio20.41
P/E Growth1.61

Sales & Book Value

Annual Sales$4.36 billion
Price / Sales10.18
Cash Flow$4.1868 per share
Price / Cash25.54
Book Value$29.64 per share
Price / Book3.61

Profitability

EPS (Most Recent Fiscal Year)$4.85
Net Income$444.55 million
Net Margins10.07%
Return on Equity4.22%
Return on Assets1.63%

Miscellaneous

Employees4,500
Outstanding Shares414,840,000
Market Cap$44.23 billion

CROWN CASTLE In/SH SH (NYSE:CCI) Frequently Asked Questions

What is CROWN CASTLE In/SH SH's stock symbol?

CROWN CASTLE In/SH SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCI."

How often does CROWN CASTLE In/SH SH pay dividends? What is the dividend yield for CROWN CASTLE In/SH SH?

CROWN CASTLE In/SH SH announced a quarterly dividend on Wednesday, October 17th. Shareholders of record on Friday, December 14th will be given a dividend of $1.125 per share on Monday, December 31st. This represents a $4.50 annualized dividend and a dividend yield of 4.21%. The ex-dividend date is Thursday, December 13th. This is an increase from CROWN CASTLE In/SH SH's previous quarterly dividend of $1.05. View CROWN CASTLE In/SH SH's Dividend History.

How were CROWN CASTLE In/SH SH's earnings last quarter?

CROWN CASTLE In/SH SH (NYSE:CCI) posted its quarterly earnings data on Wednesday, October, 17th. The real estate investment trust reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.06. The real estate investment trust earned $1.38 billion during the quarter, compared to analyst estimates of $1.35 billion. CROWN CASTLE In/SH SH had a return on equity of 4.22% and a net margin of 10.07%. The business's revenue was up 29.4% on a year-over-year basis. During the same period last year, the business posted $0.21 EPS. View CROWN CASTLE In/SH SH's Earnings History.

When is CROWN CASTLE In/SH SH's next earnings date?

CROWN CASTLE In/SH SH is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for CROWN CASTLE In/SH SH.

What guidance has CROWN CASTLE In/SH SH issued on next quarter's earnings?

CROWN CASTLE In/SH SH issued an update on its FY19 earnings guidance on Wednesday, October, 17th. The company provided EPS guidance of $5.41-5.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.50. CROWN CASTLE In/SH SH also updated its FY 2018 guidance to $5.48-5.50 EPS.

What price target have analysts set for CCI?

11 analysts have issued 12-month price objectives for CROWN CASTLE In/SH SH's shares. Their forecasts range from $110.00 to $121.00. On average, they expect CROWN CASTLE In/SH SH's share price to reach $117.00 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View Analyst Price Targets for CROWN CASTLE In/SH SH.

What is the consensus analysts' recommendation for CROWN CASTLE In/SH SH?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CROWN CASTLE In/SH SH in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CROWN CASTLE In/SH SH.

What are Wall Street analysts saying about CROWN CASTLE In/SH SH stock?

Here are some recent quotes from research analysts about CROWN CASTLE In/SH SH stock:
  • 1. According to Zacks Investment Research, "Crown Castle’s second-quarter 2018 adjusted funds from operations (AFFO) per share comfortably surpassed the Zacks Consensus Estimate. Results reflect stellar rise in site rental revenues. Also, the company has raised its outlook for 2018. Notably, the company continues to benefit from its extensive tower portfolio, high demand for infrastructure and healthy leasing activity. Further, continued efforts to diversify business from a tower operator to a fiber provider augur well for long-term growth. Also, shares of Crown Castle have outperformed its industry in the past year. Moreover, the trend in estimate revisions of current-year FFO per share indicates an impressive outlook for the company. However, consolidation in the wireless industry might reduce demand for cell tower deployments and is likely to impact its top line. Evolution of new technologies may reduce the demand for site leases and increase expenses." (7/24/2018)
  • 2. Macquarie analysts commented, "We assign a slightly lower multiple to reflect the fiber business which is characterized by higher churn/lower growth vs Crown’s legacy business. Our TP goes to US$119 from US$107 based on a blended multiple of 19x our ‘19E AFFO/sh. Impact For the first time in 1+ years, results did not come in at the high-end of consensus estimates; we model 4Q AFFO/sh of US$1.06, in line with guidance. #1 As expected, ’18 guidance came in to set domestic standards for the industry. Crown was the first to give us a sneak peek into ’18 expectations which reflect 29-30%, 9-16%, and 17-20% site rental revenue, adj. EBITDA, and AFFO/sh growth (based on the mid-point of ’17 guidance). Our estimates are in line with guidance (Fig." (10/22/2017)

Who are some of CROWN CASTLE In/SH SH's key competitors?

Who are CROWN CASTLE In/SH SH's key executives?

CROWN CASTLE In/SH SH's management team includes the folowing people:
  • Mr. Jay A. Brown, Pres, CEO & Director (Age 45)
  • Mr. Daniel K. Schlanger, CFO, Sr. VP & Treasurer (Age 44)
  • Mr. Kenneth J. Simon, Sr. VP & Gen. Counsel (Age 57)
  • Mr. James D. Young, COO of Fiber & Sr. VP (Age 56)
  • Mr. Robert Sean Collins, Principal Accounting Officer, VP and Controller (Age 51)

Who are CROWN CASTLE In/SH SH's major shareholders?

CROWN CASTLE In/SH SH's stock is owned by many different of retail and institutional investors. Top institutional investors include State of New Jersey Common Pension Fund D (0.20%), Huntington National Bank (0.07%), Strs Ohio (0.05%), State of Alaska Department of Revenue (0.05%), Aperio Group LLC (0.04%) and BB&T Corp (0.04%). Company insiders that own CROWN CASTLE In/SH SH stock include Anthony J Melone, Ari Q Fitzgerald, Daniel K Schlanger, J Landis Martin, James D Young, Jay A Brown, Kenneth Jay Simon, Michael Joseph Kavanagh, Philip M Kelley, Rob A Fisher, Robert E Garrison II and Robert F Mckenzie. View Institutional Ownership Trends for CROWN CASTLE In/SH SH.

Which institutional investors are selling CROWN CASTLE In/SH SH stock?

CCI stock was sold by a variety of institutional investors in the last quarter, including Huntington National Bank, Sumitomo Mitsui Asset Management Company LTD, State of New Jersey Common Pension Fund D, State of Alaska Department of Revenue, First Citizens Bank & Trust Co., Strs Ohio, Anderson Hoagland & Co. and Community Bank & Trust Waco Texas. Company insiders that have sold CROWN CASTLE In/SH SH company stock in the last year include Jay A Brown, Kenneth Jay Simon, Philip M Kelley and Robert E Garrison II. View Insider Buying and Selling for CROWN CASTLE In/SH SH.

Which institutional investors are buying CROWN CASTLE In/SH SH stock?

CCI stock was acquired by a variety of institutional investors in the last quarter, including Zweig DiMenna Associates LLC, First American Bank, Nisa Investment Advisors LLC, Aperio Group LLC, Iberiabank Corp, Fox Run Management L.L.C., Appleton Partners Inc. MA and DNB Asset Management AS. Company insiders that have bought CROWN CASTLE In/SH SH stock in the last two years include Anthony J Melone, Daniel K Schlanger, J Landis Martin and Kenneth Jay Simon. View Insider Buying and Selling for CROWN CASTLE In/SH SH.

How do I buy shares of CROWN CASTLE In/SH SH?

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

What is CROWN CASTLE In/SH SH's stock price today?

One share of CCI stock can currently be purchased for approximately $106.93.

How big of a company is CROWN CASTLE In/SH SH?

CROWN CASTLE In/SH SH has a market capitalization of $44.23 billion and generates $4.36 billion in revenue each year. The real estate investment trust earns $444.55 million in net income (profit) each year or $4.85 on an earnings per share basis. CROWN CASTLE In/SH SH employs 4,500 workers across the globe.

What is CROWN CASTLE In/SH SH's official website?

The official website for CROWN CASTLE In/SH SH is http://www.crowncastle.com.

How can I contact CROWN CASTLE In/SH SH?

CROWN CASTLE In/SH SH's mailing address is 1220 AUGUSTA DRIVE SUITE 600, HOUSTON TX, 77057. The real estate investment trust can be reached via phone at 713-570-3000 or via email at [email protected]


MarketBeat Community Rating for CROWN CASTLE In/SH SH (NYSE CCI)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  472 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  778
MarketBeat's community ratings are surveys of what our community members think about CROWN CASTLE In/SH SH and other stocks. Vote "Outperform" if you believe CCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/20/2018 by MarketBeat.com Staff

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