NYSE:CCICROWN CASTLE IN/SH SH Stock Price, Forecast & News

CROWN CASTLE IN/SH SH's stock was trading at $153.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CCI stock has increased by 10.0% and is now trading at $169.26. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CROWN CASTLE IN/SH SH in the last year. There are currently 7 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.

CROWN CASTLE IN/SH SH is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for CROWN CASTLE IN/SH SH.

CROWN CASTLE IN/SH SH (NYSE:CCI) issued its quarterly earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.11. The real estate investment trust earned $1.42 billion during the quarter, compared to analysts' expectations of $1.44 billion. CROWN CASTLE IN/SH SH had a net margin of 15.59% and a return on equity of 8.39%. The firm's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the business earned $0.44 EPS. View CROWN CASTLE IN/SH SH's earnings history.

CROWN CASTLE IN/SH SH announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Friday, June 12th will be paid a dividend of $1.20 per share on Tuesday, June 30th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Thursday, June 11th. View CROWN CASTLE IN/SH SH's dividend history.

CROWN CASTLE IN/SH SH issued an update on its FY20 earnings guidance on Wednesday, April, 29th. The company provided EPS guidance of $6.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.83.

15 analysts have issued 1 year target prices for CROWN CASTLE IN/SH SH's stock. Their forecasts range from $113.00 to $180.00. On average, they anticipate CROWN CASTLE IN/SH SH's stock price to reach $157.82 in the next year. This suggests that the stock has a possible downside of 6.8%. View analysts' price targets for CROWN CASTLE IN/SH SH.

Media headlines about CCI stock have trended positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CROWN CASTLE IN/SH SH earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCROWN CASTLE IN/SH SH.

CROWN CASTLE IN/SH SH saw a increase in short interest in May. As of May 15th, there was short interest totaling 8,660,000 shares, an increase of 20.9% from the April 30th total of 7,160,000 shares. Based on an average trading volume of 2,770,000 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.1% of the company's stock are sold short. View CROWN CASTLE IN/SH SH's Current Options Chain.

Some companies that are related to CROWN CASTLE IN/SH SH include Sprint (S), SBA Communications (SBAC), BlackBerry (BB), United States Cellular (USM), Shenandoah Telecommunications (SHEN), Telephone & Data Systems (TDS), Boingo Wireless (WIFI) and Spok (SPOK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CROWN CASTLE IN/SH SH investors own include AT&T (T), Verizon Communications (VZ), NVIDIA (NVDA), Cisco Systems (CSCO), QUALCOMM (QCOM), Walt Disney (DIS), American Tower (AMT), Intel (INTC), AbbVie (ABBV) and Home Depot (HD).

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

CROWN CASTLE IN/SH SH's stock is owned by a number of institutional and retail investors. Top institutional investors include Magellan Asset Management Ltd (3.08%), Janus Henderson Group PLC (1.87%), Deutsche Bank AG (1.63%), Geode Capital Management LLC (1.46%), Legal & General Group Plc (0.92%) and California Public Employees Retirement System (0.81%). Company insiders that own CROWN CASTLE IN/SH SH stock include Edward C Hutcheson Jr, J Landis Martin, Langenfeld Cynthia K Christy, Michael Joseph Kavanagh, Robert Carl Ackerman, Robert E Garrison II and Robert Sean Collins. View institutional ownership trends for CROWN CASTLE IN/SH SH.

CCI stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Principal Financial Group Inc., Eagle Asset Management Inc., Alberta Investment Management Corp, Echo Street Capital Management LLC, Jennison Associates LLC, AQR Capital Management LLC, and State of Tennessee Treasury Department. Company insiders that have sold CROWN CASTLE IN/SH SH company stock in the last year include Michael Joseph Kavanagh, Robert Carl Ackerman, and Robert Sean Collins. View insider buying and selling activity for CROWN CASTLE IN/SH SH.

CCI stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Prudential PLC, APG Asset Management N.V., APG Asset Management N.V., Deutsche Bank AG, Swiss National Bank, Pacer Advisors Inc., and Fred Alger Management LLC. Company insiders that have bought CROWN CASTLE IN/SH SH stock in the last two years include Edward C Hutcheson Jr, J Landis Martin, and Langenfeld Cynthia K Christy. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CCI stock can currently be purchased for approximately $169.26.

CROWN CASTLE IN/SH SH has a market capitalization of $70.54 billion and generates $5.77 billion in revenue each year. The real estate investment trust earns $860 million in net income (profit) each year or $5.69 on an earnings per share basis. CROWN CASTLE IN/SH SH employs 5,100 workers across the globe.

The official website for CROWN CASTLE IN/SH SH is www.crowncastle.com.

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]