Crown Castle International Corporation Company Profile (NYSE:CCI)

About Crown Castle International Corporation (NYSE:CCI)

Crown Castle International Corporation logoCastle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests). Its core business is renting space or physical capacity (collectively, space) on its towers, DAS and, to a lesser extent, third party land interests (collectively, site rental business) through long-term contracts in various forms, including license, sublease and lease agreements (collectively, contracts). The Company owned, leased or managed approximately 39,600 towers in the United States, including Puerto Rico, and approximately 1,700 towers in Australia.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Diversified Communication Services
  • Sub-Industry: Wireless Telecommunication Services
  • Symbol: NYSE:CCI
  • CUSIP: 22822710
  • Web: www.crowncastle.com
Capitalization:
  • Market Cap: $42.65 billion
  • Outstanding Shares: 406,267,000
Average Prices:
  • 50 Day Moving Avg: $102.89
  • 200 Day Moving Avg: $100.47
  • 52 Week Range: $79.38 - $108.88
P/E:
  • Trailing P/E Ratio: 83.79
  • Foreward P/E Ratio: 82.02
  • P/E Growth: 5.77
Sales & Book Value:
  • Annual Revenue: $4.08 billion
  • Price / Sales: 10.45
  • Book Value: $20.73 per share
  • Price / Book: 5.06
Dividend:
  • Annual Dividend: $3.80
  • Dividend Yield: 4.1%
Profitability:
  • EBITDA: $2.17 billion
  • Net Margins: 11.35%
  • Return on Equity: 5.93%
  • Return on Assets: 2.05%
Debt:
  • Debt-to-Equity Ratio: 1.19%
  • Current Ratio: 7.13%
  • Quick Ratio: 0.95%
Misc:
  • Average Volume: 2.92 million shs.
  • Beta: 0.16
  • Short Ratio: 2.38
 

Frequently Asked Questions for Crown Castle International Corporation (NYSE:CCI)

What is Crown Castle International Corporation's stock symbol?

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

How often does Crown Castle International Corporation pay dividends? What is the dividend yield for Crown Castle International Corporation?

Crown Castle International Corporation declared a quarterly dividend on Wednesday, October 18th. Shareholders of record on Friday, December 15th will be given a dividend of $1.05 per share on Friday, December 29th. This represents a $4.20 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date is Thursday, December 14th. This is a positive change from Crown Castle International Corporation's previous quarterly dividend of $0.95. View Crown Castle International Corporation's Dividend History.

How were Crown Castle International Corporation's earnings last quarter?

Crown Castle International Corporation (NYSE:CCI) released its quarterly earnings results on Wednesday, October, 18th. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.10 by $0.07. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.07 billion. Crown Castle International Corporation had a return on equity of 5.93% and a net margin of 11.35%. The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 EPS. View Crown Castle International Corporation's Earnings History.

When will Crown Castle International Corporation make its next earnings announcement?

Crown Castle International Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, January, 24th 2018. View Earnings Estimates for Crown Castle International Corporation.

Where is Crown Castle International Corporation's stock going? Where will Crown Castle International Corporation's stock price be in 2017?

14 equities research 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 expect Crown Castle International Corporation's share price to reach $107.25 in the next year. View Analyst Ratings for Crown Castle International Corporation.

What are analysts saying about Crown Castle International Corporation stock?

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

  • 1. According to Zacks Investment Research, "Over the past one month, share price of Crown Castle declined 4.5% as against the industry's loss of 2.4%. Moreover, 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. On the flip side, 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. 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." (10/10/2017)
  • 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)

Who are some of Crown Castle International Corporation's key competitors?

Who owns Crown Castle International Corporation stock?

Crown Castle International Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Skylands Capital LLC (0.12%), State Treasurer State of Michigan (0.04%), APG Asset Management N.V. (0.03%), PGGM Investments (0.02%), Mutual of America Capital Management LLC (0.01%) and SeaBridge Investment Advisors LLC (0.01%). 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.

Who sold Crown Castle International Corporation stock? Who is selling Crown Castle International Corporation stock?

Crown Castle International Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, State Treasurer State of Michigan, LS Investment Advisors LLC, Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A. and Skylands Capital 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.

Who bought Crown Castle International Corporation stock? Who is buying Crown Castle International Corporation stock?

Crown Castle International Corporation's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Quantitative Systematic Strategies LLC, Mutual of America Capital Management LLC, Spirit of America Management Corp NY, Oakbrook Investments LLC, Park National Corp OH, Crow Point Partners LLC and SeaBridge Investment Advisors LLC. 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.

How do I buy Crown Castle International Corporation stock?

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.

What is Crown Castle International Corporation's stock price today?

One share of Crown Castle International Corporation stock can currently be purchased for approximately $104.99.


MarketBeat Community Rating for Crown Castle International Corporation (NYSE CCI)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  367 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  595
MarketBeat's community ratings are surveys of what our community members think about Crown Castle International Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Crown Castle International Corporation (NYSE:CCI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $107.25 (2.15% upside)
Consensus Price Target History for Crown Castle International Corporation (NYSE:CCI)
Price Target History for Crown Castle International Corporation (NYSE:CCI)
Analysts' Ratings History for Crown Castle International Corporation (NYSE:CCI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Barclays PLCBoost Price TargetEqual Weight$101.00 -> $105.00N/AView Rating Details
10/16/2017CIBCReiterated RatingOutperform -> Market PerformN/AView Rating Details
10/16/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
9/23/2017Cowen and CompanyReiterated RatingOutperform$105.00 -> $112.00LowView Rating Details
9/8/2017Bank of America CorporationBoost Price TargetBuy$107.00 -> $114.00LowView Rating Details
8/29/2017Royal Bank Of CanadaReiterated RatingBuy$107.00LowView Rating Details
8/28/2017Citigroup Inc.Boost Price TargetNeutral$96.00 -> $108.00LowView Rating Details
7/19/2017MacquarieReiterated RatingBuy$107.00HighView Rating Details
7/10/2017Jefferies Group LLCReiterated RatingBuy$110.00LowView Rating Details
6/12/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformLowView Rating Details
6/9/2017Deutsche Bank AGBoost Price TargetBuy$108.00 -> $117.00LowView Rating Details
4/10/2017GuggenheimUpgradeNeutral -> Buy$91.00 -> $101.00LowView Rating Details
3/8/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformLowView Rating Details
12/21/2016BTIG ResearchReiterated RatingNeutral$91.50N/AView Rating Details
9/12/2016SunTrust Banks, Inc.Initiated CoverageBuy$107.00N/AView Rating Details
7/22/2016Morgan StanleyReiterated RatingOverweight$103.00N/AView Rating Details
7/22/2016Stifel NicolausBoost Price TargetBuy$103.00 -> $110.00N/AView Rating Details
3/30/2016Moffett NathansonBoost Price Target$98.00 -> $103.00N/AView Rating Details
2/11/2016Goldman Sachs Group, Inc. (The)UpgradeBuy -> Conviction-Buy$101.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Crown Castle International Corporation (NYSE:CCI)
Earnings by Quarter for Crown Castle International Corporation (NYSE:CCI)
Earnings History by Quarter for Crown Castle International Corporation (NYSE CCI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/24/2018        
10/18/2017Q3 2017$1.10$1.03$1.07 billion$1.06 billionViewN/AView Earnings Details
7/19/2017Q2 2017$0.28$0.31$1.03 billion$1.04 billionViewN/AView Earnings Details
4/24/2017Q1 2017$1.10$1.11$1.01 billion$1.02 billionViewN/AView Earnings Details
1/25/2017Q416$1.11$0.35$989.36 million$1.03 billionViewN/AView Earnings Details
10/20/2016Q3$1.18$1.09$968.15 million$992.00 millionViewN/AView Earnings Details
7/21/2016Q2$1.16$1.16$948.85 million$962.40 millionViewListenView Earnings Details
4/21/2016Q1$1.13$1.18$934.88 million$934.40 millionViewListenView Earnings Details
1/27/2016Q415$1.10$1.11$927.92 million$945.80 millionViewListenView Earnings Details
10/21/2015Q3$1.04$1.07$903.79 million$918.11 millionViewListenView Earnings Details
7/22/2015Q2$1.06$1.22$929.04 million$899.00 millionViewListenView Earnings Details
4/22/2015Q115$1.09$1.15$936.20 million$941.00 millionViewListenView Earnings Details
1/21/2015Q414$1.05$1.04$931.30 million$968.00 millionViewListenView Earnings Details
10/30/2014Q314$1.01$1.05$914.00 million$930.30 millionViewListenView Earnings Details
7/23/2014Q214$0.16$0.07$873.26 million$916.30 millionViewListenView Earnings Details
4/23/2014Q114$0.28$0.27$863.89 million$876.00 millionViewListenView Earnings Details
1/22/2014Q413$0.16$0.23$745.51 million$798.00 millionViewListenView Earnings Details
10/24/2013Q313$0.17$0.16$730.80 million$749.00 millionViewListenView Earnings Details
7/24/2013Q2 2013$0.17$0.18$720.57 million$735.00 millionViewListenView Earnings Details
4/24/2013Q1 2013$0.08$0.05$698.33 million$740.00 millionViewListenView Earnings Details
10/24/2012$0.18$0.14ViewN/AView Earnings Details
7/25/2012$0.31$0.40ViewN/AView Earnings Details
4/25/2012$0.65$0.67ViewN/AView Earnings Details
1/25/2012$0.17$0.16ViewN/AView Earnings Details
10/25/2011$0.13$0.15ViewN/AView Earnings Details
7/27/2011$0.11$0.09ViewN/AView Earnings Details
4/27/2011$0.08$0.12ViewN/AView Earnings Details
1/26/2011$0.08$0.12ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Crown Castle International Corporation (NYSE:CCI)
2017 EPS Consensus Estimate: $4.71
2018 EPS Consensus Estimate: $5.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.17$1.17$1.17
Q2 20173$1.14$1.21$1.17
Q3 20174$1.11$1.22$1.17
Q4 20174$1.08$1.25$1.20
Q1 20181$1.23$1.23$1.23
Q2 20181$1.26$1.26$1.26
Q3 20181$1.32$1.32$1.32
Q4 20181$1.39$1.39$1.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Crown Castle International Corporation (NYSE:CCI)
Next Dividend:12/29/2017
Annual Dividend:$3.80
Dividend Yield:3.62%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:316.67% (Trailing 12 Months of Earnings)
342.34% (Based on This Year's Estimates)
296.88% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Crown Castle International Corporation (NYSE:CCI)

Dividend History by Quarter for Crown Castle International Corporation (NYSE CCI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/18/2017quarterly$1.054.07%12/14/201712/15/201712/29/2017
8/3/2017quarterly$0.953.72%9/14/20179/15/20179/29/2017
5/18/2017quarterly$0.953.82%6/14/20176/16/20176/30/2017
2/17/2017quarterly$0.954.22%3/15/20173/17/20173/31/2017
10/20/2016quarterly$0.9512/14/201612/16/201612/30/2016
8/2/2016quarterly$0.899/14/20169/16/20169/30/2016
5/20/2016quarterly$0.896/15/20166/17/20166/30/2016
2/18/2016quarterly$0.893/16/20163/18/20163/31/2016
10/21/2015quarterly$0.8912/16/201512/18/201512/31/2015
8/3/2015quarterly$0.829/16/20159/18/20159/30/2015
5/29/2015quarterly$0.823.99%6/17/20156/19/20156/30/2015
2/17/2015quarterly$0.823.72%3/18/20153/20/20153/31/2015
10/30/2014quarterly$0.824.2%12/17/201412/19/201412/31/2014
8/8/2014quarterly$0.351.8%9/17/20149/19/20149/30/2014
5/30/2014quarterly$0.351.84%6/18/20146/20/20146/30/2014
2/20/2014quarterly$0.353/18/20143/20/20143/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Crown Castle International Corporation (NYSE:CCI)
Insider Ownership Percentage: 0.41%
Institutional Ownership Percentage: 82.90%
Insider Trades by Quarter for Crown Castle International Corporation (NYSE:CCI)
Institutional Ownership by Quarter for Crown Castle International Corporation (NYSE:CCI)
Insider Trades by Quarter for Crown Castle International Corporation (NYSE:CCI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/28/2017J Landis MartinDirectorBuy30,000$100.64$3,019,200.00View SEC Filing  
5/17/2017James D YoungCOOSell24,646$97.50$2,402,985.00View SEC Filing  
5/16/2017Robert F MckenzieDirectorSell1,500$96.48$144,720.00View SEC Filing  
3/10/2017Robert E Garrison IIDirectorSell2,413$90.66$218,762.58View SEC Filing  
12/9/2016Rob A FisherVPSell1,843$85.31$157,226.33View SEC Filing  
12/1/2016Ari Q. FitzgeraldDirectorSell3,395$81.35$276,183.25View SEC Filing  
11/14/2016Anthony J MeloneDirectorBuy2,500$81.84$204,600.00View SEC Filing  
11/14/2016Daniel K SchlangerCFOBuy3,140$79.74$250,383.60View SEC Filing  
11/14/2016Kenneth Jay SimonSVPBuy1,248$80.19$100,077.12View SEC Filing  
9/12/2016Robert F MckenzieDirectorSell1,000$93.07$93,070.00View SEC Filing  
9/7/2016W Benjamin MorelandVice ChairmanSell50,000$98.23$4,911,500.00View SEC Filing  
5/5/2016Kenneth Jay SimonSVPBuy168$88.03$14,789.04View SEC Filing  
4/27/2016Philip M KelleyVPSell46,951$87.69$4,117,133.19View SEC Filing  
11/17/2015Robert E Garrison IIDirectorSell2,427$85.05$206,416.35View SEC Filing  
6/10/2015P Robert BartoloDirectorBuy12,200$82.32$1,004,304.00View SEC Filing  
12/10/2014J Landis MartinDirectorBuy50,000$77.84$3,892,000.00View SEC Filing  
11/12/2014James D YoungCOOSell8,665$79.26$686,787.90View SEC Filing  
11/3/2014J Landis MartinDirectorBuy60,000$79.47$4,768,200.00View SEC Filing  
8/12/2014James D YoungCOOSell8,665$77.58$672,230.70View SEC Filing  
5/7/2014James YoungCOOSell8,665$77.02$667,378.30View SEC Filing  
3/10/2014Rob FisherVPSell11,127$74.27$826,402.29View SEC Filing  
9/12/2013James YoungCOOSell12,860$71.44$918,718.40View SEC Filing  
8/20/2013James YoungCOOSell1,760$69.05$121,528.00View SEC Filing  
8/9/2013James YoungCOOSell6,300$69.04$434,952.00View SEC Filing  
8/7/2013James YoungCOOSell4,800$69.21$332,208.00View SEC Filing  
6/10/2013Robert E Garrison IIDirectorSell7,241$69.47$503,032.27View SEC Filing  
5/14/2013W Benjamin MorelandCEOSell50,000$79.63$3,981,500.00View SEC Filing  
5/8/2013James D YoungCOOSell12,860$78.99$1,015,811.40View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Crown Castle International Corporation (NYSE:CCI)
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Crown Castle International Corporation (CCI) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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