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, August 3rd. Investors of record on Friday, September 15th will be given a dividend of $0.95 per share on Friday, September 29th. This represents a $3.80 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, September 14th. View Crown Castle International Corporation's Dividend History.

Crown Castle International Corporation (NYSE:CCI) announced its quarterly earnings results on Wednesday, July, 19th. The company reported $0.31 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.03. The company earned $1.04 billion during the quarter, compared to analysts' expectations of $1.03 billion. Crown Castle International Corporation had a net margin of 11.14% and a return on equity of 6.21%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $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 Thursday, October, 19th 2017. View Earnings Estimates for Crown Castle International Corporation.

12 analysts have issued 12-month price targets for Crown Castle International Corporation's stock. Their predictions range from $91.50 to $117.00. On average, they anticipate Crown Castle International Corporation's stock price to reach $106.25 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. According to Zacks Investment Research, "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. Buyout of Wilcon Holdings will enable Crown Castle attain ownership over 28,000 route miles of fiber. Moreover, 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 price gained 2.7% as against the industry’s gain of 0.1%. However, the company continues to face headwinds like high customer concentration, and consolidated wireless industry, which is likely to affect the company's top line. Evolution of new technologies may reduce the demand for site leases and the expenses related, also raises concern." (9/20/2017)
• 2. 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)

Some companies that are related to Crown Castle International Corporation include American Express Company (AXP), Bank of Nova Scotia (The) (BNS), Banco Bradesco SA (BBD), ING Group, N.V. (ING), BlackRock (BLK), Australia & New Zealand Banking Group (ANZBY), National Australia Bank (NABZY), D/B/A Chubb Limited New (CB), Lloyds Banking Group PLC (LYG), UBS AG (UBS), PNC Financial Services Group, Inc. (The) (PNC), Prudential Public Limited Company (PUK), Yahoo! (AABA), American Tower Corporation (REIT) (AMT), The Charles Schwab Corporation (SCHW), Intesa Sanpaolo SpA (ISNPY), Sumitomo Mitsui Financial Group (SMFG) and American International Group (AIG).

Crown Castle International Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.66%), BlackRock Inc. (6.62%), Capital World Investors (5.69%), State Street Corp (3.57%), Capital Research Global Investors (3.25%) and Capital International Investors (2.08%). Company insiders that own Crown Castle International Corporation stock include Anthony J Melone, Ari Q Fitzgerald, Daniel K Schlanger, J Landis Martin, 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 Capital Research Global Investors, Commonwealth Bank of Australia, Cbre Clarion Securities LLC, Capital Guardian Trust Co., Jackson Square Partners LLC, Federated Investors Inc. PA, Prudential Financial Inc. and Thompson Siegel & Walmsley 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 and Robert F Mckenzie. 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 Jennison Associates LLC, Janus Henderson Group PLC, Capital World Investors, PointState Capital LP, Magellan Asset Management Ltd, Dimensional Fund Advisors LP, Daiwa Securities Group Inc. and BlackRock Inc.. Company insiders that have bought Crown Castle International Corporation 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 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 $100.60.