Crown Castle - CCI Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last year. There are currently 2 sell ratings, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CCI shares.
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14 Wall Street analysts have issued 12 month price targets for Crown Castle's shares. Their CCI share price forecasts range from $162.00 to $224.00. On average, they predict the company's stock price to reach $193.33 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price.
View analysts price targets for CCI or view top-rated stocks among Wall Street analysts.

Crown Castle's stock was trading at $208.74 at the start of the year. Since then, CCI stock has decreased by 34.0% and is now trading at $137.70.
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Crown Castle saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,260,000 shares, an increase of 11.4% from the August 31st total of 4,720,000 shares. Based on an average daily volume of 1,430,000 shares, the short-interest ratio is currently 3.7 days. Currently, 1.2% of the shares of the company are short sold.
View Crown Castle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our CCI earnings forecast.

Crown Castle Inc. (NYSE:CCI) issued its quarterly earnings results on Wednesday, July, 20th. The real estate investment trust reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.71 by $0.74. The real estate investment trust had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.71 billion. Crown Castle had a net margin of 22.91% and a trailing twelve-month return on equity of 18.93%. The business's quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.71 earnings per share.
Read the conference call transcript.

Crown Castle announced a quarterly dividend on Monday, July 25th. Investors of record on Thursday, September 15th will be paid a dividend of $1.47 per share on Friday, September 30th. This represents a $5.88 annualized dividend and a dividend yield of 4.27%. The ex-dividend date is Wednesday, September 14th.
Read our dividend analysis for CCI.

Crown Castle (NYSE:CCI) pays an annual dividend of $5.88 per share and currently has a dividend yield of 4.03%. CCI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 165.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CCI will have a dividend payout ratio of 80.99% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CCI.

Crown Castle updated its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of $7.31-$7.41 for the period. The company issued revenue guidance of -.

205 employees have rated Crown Castle Chief Executive Officer Jay Brown on Glassdoor.com. Jay Brown has an approval rating of 67% among the company's employees.

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

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

Crown Castle's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Capital Investment Advisors LLC (0.01%), First National Bank of Mount Dora Trust Investment Services (0.01%), Fulton Bank N.A. (0.00%), Elevated Capital Advisors LLC (0.00%), Enterprise Bank & Trust Co (0.00%) and Neville Rodie & Shaw Inc. (0.00%). Insiders that own company stock include Catherine Piche, Christopher Levendos, Daniel K Schlanger, J Landis Martin, James D Young, Kenneth Jay Simon, Kevin A Stephens, Matthew Thornton III, Michael Joseph Kavanagh, Robert Carl Ackerman and Robert Sean Collins.
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Shares of CCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CCI stock can currently be purchased for approximately $137.70.

Crown Castle (NYSE:CCI) has a market capitalization of $59.63 billion and generates $6.34 billion in revenue each year. The real estate investment trust earns $1.10 billion in net income (profit) each year or $3.56 on an earnings per share basis.

The company employs 5,000 workers across the globe.

Crown Castle's mailing address is 1220 AUGUSTA DRIVE SUITE 600, HOUSTON TX, 77057. The official website for the company is www.crowncastle.com. The real estate investment trust can be reached via phone at (713) 570-3000, via email at ir@crowncastle.com, or via fax at 713-570-3100.