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About Crown Castle International (NYSE:CCI)
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. For more information on Crown Castle, please visit www.crowncastle.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
SymbolNYSE:CCI
CUSIP22822710
Phone713-570-3000
Debt
Debt-to-Equity Ratio1.22
Current Ratio0.90
Quick Ratio0.90
Price-To-Earnings
Trailing P/E Ratio21.00
Forward P/E Ratio19.36
P/E Growth1.25
Sales & Book Value
Annual Sales$4.36 billion
Price / Sales9.70
Cash Flow$4.1810 per share
Price / Cash24.36
Book Value$30.93 per share
Price / Book3.29
Profitability
EPS (Most Recent Fiscal Year)$4.85
Net Income$444.55 million
Net Margins8.87%
Return on Equity4.06%
Return on Assets1.54%
Miscellaneous
Employees4,500
Outstanding Shares414,820,000
Crown Castle International (NYSE:CCI) Frequently Asked Questions
What is Crown Castle International's stock symbol?
Crown Castle International trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCI."
How often does Crown Castle International pay dividends? What is the dividend yield for Crown Castle International?
Crown Castle International declared a quarterly dividend on Thursday, May 17th. Investors of record on Friday, June 15th will be given a dividend of $1.05 per share on Friday, June 29th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Thursday, June 14th. View Crown Castle International's Dividend History.
How were Crown Castle International's earnings last quarter?
Crown Castle International Corp. (NYSE:CCI) announced its earnings results on Wednesday, April, 18th. The real estate investment trust reported $0.21 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.19 by $0.98. The real estate investment trust had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.31 billion. Crown Castle International had a return on equity of 4.06% and a net margin of 8.87%. The company's revenue was up 27.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.11 earnings per share. View Crown Castle International's Earnings History.
When is Crown Castle International's next earnings date?
What guidance has Crown Castle International issued on next quarter's earnings?
Crown Castle International issued an update on its FY18 earnings guidance on Wednesday, April, 18th. The company provided EPS guidance of $4.82-4.93 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.89.
What price target have analysts set for CCI?
16 analysts have issued 1-year target prices for Crown Castle International's stock. Their forecasts range from $107.00 to $120.00. On average, they expect Crown Castle International's share price to reach $113.8182 in the next twelve months. View Analyst Ratings for Crown Castle International.
What are Wall Street analysts saying about Crown Castle International stock?
Here are some recent quotes from research analysts about Crown Castle International stock:
- 1. According to Zacks Investment Research, "Over the past six months, shares of Crown Castle grew 10.7% outperforming its industry's loss of 9.7%. Further, we apprecitae Crown Castle’s efforts to diversify its business from a tower operator to a fiber provider. 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. Extensive tower portfolio, increased demand for infrastructure, healthy leasing activity, continual buyout of towers and growing demand for mobile broadband are other positives. However, customer concentration is very high for Crown Castle. Consolidation in the wireless industry may reduce demand for cell tower deployments and is likely to impact Crown Castle’s top line. Evolution of new technologies may reduce the demand for site leases and increase the expenses." (3/28/2018)
- 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 International's key competitors?
Some companies that are related to Crown Castle International include American Tower (AMT), Simon Property Group (SPG), Public Storage (PSA), Prologis (PLD), Equinix (EQIX), Weyerhaeuser (WY), UNIBAIL-RODAMCO/ADR (UNRDY), Equity Residential (EQR), AvalonBay Communities (AVB), Digital Realty (DLR), Welltower (WELL), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).
Who are Crown Castle International's key executives?
Crown Castle International'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. W. Benjamin Moreland, Director (Age 54)
- Mr. James D. Young, COO of Fiber & Sr. VP (Age 56)
Has Crown Castle International been receiving favorable news coverage?
News stories about CCI stock have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Crown Castle International earned a news sentiment score of 0.04 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 46.55 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Crown Castle International's major shareholders?
Crown Castle International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Magellan Asset Management Ltd (3.05%), Northern Trust Corp (1.32%), Dimensional Fund Advisors LP (1.10%), Daiwa Securities Group Inc. (1.09%), Legal & General Group Plc (0.66%) and Principal Financial Group Inc. (0.56%). Company insiders that own Crown Castle International 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, Robert F Mckenzie and W Benjamin Moreland. View Institutional Ownership Trends for Crown Castle International.
Which institutional investors are selling Crown Castle International stock?
CCI stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Brookfield Asset Management Inc., TCW Group Inc., Forsta AP Fonden, Amundi Pioneer Asset Management Inc., DekaBank Deutsche Girozentrale, Carillon Tower Advisers Inc. and Swiss National Bank. Company insiders that have sold Crown Castle International company stock in the last year include Jay A Brown, Kenneth Jay Simon and Philip M Kelley. View Insider Buying and Selling for Crown Castle International.
Which institutional investors are buying Crown Castle International stock?
CCI stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Ceredex Value Advisors LLC, Russell Investments Group Ltd., Principal Financial Group Inc., Summit Trail Advisors LLC, OppenheimerFunds Inc., Echo Street Capital Management LLC and AO Asset Management LP. Company insiders that have bought Crown Castle International 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.
How do I buy shares of Crown Castle International?
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 International's stock price today?
One share of CCI stock can currently be purchased for approximately $101.85.
How big of a company is Crown Castle International?
Crown Castle International has a market capitalization of $42.20 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 International employs 4,500 workers across the globe.
How can I contact Crown Castle International?
Crown Castle International'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 International (CCI)
MarketBeat's community ratings are surveys of what our community members think about Crown Castle International 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.
Crown Castle International (NYSE:CCI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
16 Wall Street analysts have issued ratings and price targets for Crown Castle International in the last 12 months. Their average twelve-month price target is $113.8182, suggesting that the stock has a possible upside of 11.75%. The high price target for CCI is $120.00 and the low price target for CCI is $107.00. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.56 | 2.56 | 2.53 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
7 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
7 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
7 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
8 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $113.8182 | $113.8182 | $112.7273 | $109.4091 |
| Price Target Upside: | 11.75% upside | 10.91% upside | 1.90% upside | 1.54% downside |
Crown Castle International (NYSE:CCI) Consensus Price Target History
Crown Castle International (NYSE:CCI) Analyst Ratings History
Show:
(Data available from 5/25/2016 forward)
Crown Castle International (NYSE:CCI) Dividend Information
Crown Castle International pays an annual dividend of $4.20 per share, with a dividend yield of 4.12%. CCI's next quarterly dividend payment will be made on Friday, June 29. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 27.80% each year. Crown Castle International pays out 86.60% of its earnings out as a dividend.
| Next Dividend: | 6/29/2018 |
| Annual Dividend: | $4.20 |
| Dividend Yield: | 4.12% |
| Dividend Growth: | 27.80% (3 Year Average) |
| Payout Ratio(s): | 86.60% (Trailing 12 Months of Earnings)
79.85% (Based on This Year's Estimates)
73.17% (Based on Next Year's Estimates)
100.45% (Based on Cash Flow)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Crown Castle International (NYSE:CCI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/17/2018 | quarterly | $1.05 | 4.12% | 6/14/2018 | 6/15/2018 | 6/29/2018 |
| 2/21/2018 | quarterly | $1.05 | 3.93295252364454% | 3/15/2018 | 3/16/2018 | 3/30/2018 |
| 10/18/2017 | quarterly | $1.05 | 4.07% | 12/14/2017 | 12/15/2017 | 12/29/2017 |
| 8/3/2017 | quarterly | $0.95 | 3.72% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/18/2017 | quarterly | $0.95 | 3.82% | 6/14/2017 | 6/16/2017 | 6/30/2017 |
| 2/17/2017 | quarterly | $0.95 | 4.22% | 3/15/2017 | 3/17/2017 | 3/31/2017 |
| 10/20/2016 | quarterly | $0.95 | | 12/14/2016 | 12/16/2016 | 12/30/2016 |
| 8/2/2016 | quarterly | $0.8850 | | 9/14/2016 | 9/16/2016 | 9/30/2016 |
| 5/20/2016 | quarterly | $0.8850 | | 6/15/2016 | 6/17/2016 | 6/30/2016 |
| 2/18/2016 | quarterly | $0.8850 | | 3/16/2016 | 3/18/2016 | 3/31/2016 |
| 10/21/2015 | quarterly | $0.8850 | | 12/16/2015 | 12/18/2015 | 12/31/2015 |
| 8/3/2015 | quarterly | $0.82 | | 9/16/2015 | 9/18/2015 | 9/30/2015 |
| 5/29/2015 | quarterly | $0.82 | 3.99% | 6/17/2015 | 6/19/2015 | 6/30/2015 |
| 2/17/2015 | quarterly | $0.82 | 3.72% | 3/18/2015 | 3/20/2015 | 3/31/2015 |
| 10/30/2014 | quarterly | $0.82 | 4.2% | 12/17/2014 | 12/19/2014 | 12/31/2014 |
| 8/8/2014 | quarterly | $0.35 | 1.8% | 9/17/2014 | 9/19/2014 | 9/30/2014 |
| 5/30/2014 | quarterly | $0.35 | 1.84% | 6/18/2014 | 6/20/2014 | 6/30/2014 |
| 2/20/2014 | quarterly | $0.35 | | 3/18/2014 | 3/20/2014 | 3/31/2014 |
(Data available from 1/1/2013 forward)
Crown Castle International (NYSE CCI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.36%
Institutional Ownership Percentage: 94.60%
Crown Castle International (NYSE CCI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/27/2018 | Anthony J Melone | Director | Buy | 1,979 | $101.06 | $199,997.74 | 10,547 |  |
| 2/23/2018 | Kenneth Jay Simon | SVP | Sell | 693 | $108.79 | $75,391.47 | 14,869 | |
| 2/22/2018 | Jay A Brown | Insider | Sell | 18,000 | $108.43 | $1,951,740.00 | 162,526 | |
| 11/6/2017 | Philip M Kelley | VP | Sell | 10,551 | $113.09 | $1,193,212.59 | 91,808 | |
| 7/28/2017 | J Landis Martin | Director | Buy | 30,000 | $100.64 | $3,019,200.00 | 99,335 | |
| 5/17/2017 | James D Young | COO | Sell | 24,646 | $97.50 | $2,402,985.00 | 140,006 | |
| 5/16/2017 | Robert F Mckenzie | Director | Sell | 1,500 | $96.48 | $144,720.00 | 28,953 | |
| 3/10/2017 | Robert E Garrison II | Director | Sell | 2,413 | $90.66 | $218,762.58 | 24,100 | |
| 2/24/2017 | Michael Joseph Kavanagh | SVP | Sell | 3,500 | $92.30 | $323,050.00 | 22,894 | |
| 12/9/2016 | Rob A Fisher | VP | Sell | 1,843 | $85.31 | $157,226.33 | 14,000 | |
| 12/1/2016 | Ari Q. Fitzgerald | Director | Sell | 3,395 | $81.35 | $276,183.25 | | |
| 11/14/2016 | Anthony J Melone | Director | Buy | 2,500 | $81.84 | $204,600.00 | 5,405 | |
| 11/14/2016 | Daniel K Schlanger | CFO | Buy | 3,140 | $79.74 | $250,383.60 | 3,140 | |
| 11/14/2016 | Kenneth Jay Simon | SVP | Buy | 1,248 | $80.19 | $100,077.12 | 5,552 | |
| 9/12/2016 | Robert F Mckenzie | Director | Sell | 1,000 | $93.07 | $93,070.00 | 28,741 | |
| 9/7/2016 | W Benjamin Moreland | Vice Chairman | Sell | 50,000 | $98.23 | $4,911,500.00 | 533,972 | |
| 5/5/2016 | Kenneth Jay Simon | SVP | Buy | 168 | $88.03 | $14,789.04 | | |
| 4/27/2016 | Philip M Kelley | VP | Sell | 46,951 | $87.69 | $4,117,133.19 | 95,010 | |
| 11/17/2015 | Robert E Garrison II | Director | Sell | 2,427 | $85.05 | $206,416.35 | 23,000 | |
| 6/10/2015 | P Robert Bartolo | Director | Buy | 12,200 | $82.32 | $1,004,304.00 | | |
| 12/10/2014 | J Landis Martin | Director | Buy | 50,000 | $77.84 | $3,892,000.00 | | |
| 11/12/2014 | James D Young | COO | Sell | 8,665 | $79.26 | $686,787.90 | | |
| 11/3/2014 | J Landis Martin | Director | Buy | 60,000 | $79.47 | $4,768,200.00 | | |
| 8/12/2014 | James D Young | COO | Sell | 8,665 | $77.58 | $672,230.70 | | |
| 5/7/2014 | James Young | COO | Sell | 8,665 | $77.02 | $667,378.30 | 221,010 | |
| 3/10/2014 | Rob Fisher | VP | Sell | 11,127 | $74.27 | $826,402.29 | 32,315 | |
| 9/12/2013 | James Young | COO | Sell | 12,860 | $71.44 | $918,718.40 | 271,256 | |
| 8/20/2013 | James Young | COO | Sell | 1,760 | $69.05 | $121,528.00 | 284,116 | |
| 8/9/2013 | James Young | COO | Sell | 6,300 | $69.04 | $434,952.00 | 285,876 | |
| 8/7/2013 | James Young | COO | Sell | 4,800 | $69.21 | $332,208.00 | 292,176 | |
| 6/10/2013 | Robert E Garrison II | Director | Sell | 7,241 | $69.47 | $503,032.27 | | |
| 5/14/2013 | W Benjamin Moreland | CEO | Sell | 50,000 | $79.63 | $3,981,500.00 | | |
| 5/8/2013 | James D Young | COO | Sell | 12,860 | $78.99 | $1,015,811.40 | | |
(Data available from 1/1/2013 forward)
Crown Castle International (NYSE CCI) News Headlines
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Crown Castle International (NYSE:CCI) SEC Filings
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Crown Castle International (NYSE:CCI) Income Statement, Balance Sheet and Cash Flow Statement
Crown Castle International (NYSE CCI) Stock Chart for Friday, May, 25, 2018
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