Crown Castle - CCI Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CCI shares.
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15 analysts have issued 1-year target prices for Crown Castle's shares. Their CCI share price forecasts range from $135.00 to $200.00. On average, they anticipate the company's share price to reach $159.07 in the next year. This suggests a possible upside of 18.8% 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 $135.64 at the start of the year. Since then, CCI shares have decreased by 1.3% and is now trading at $133.84.
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Crown Castle saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 3,480,000 shares, a drop of 11.5% from the February 13th total of 3,930,000 shares. Based on an average daily volume of 2,020,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.8% 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, April 19th 2023.
View our CCI earnings forecast.

Crown Castle Inc. (NYSE:CCI) posted its quarterly earnings data on Wednesday, January, 25th. The real estate investment trust reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by $0.83. The real estate investment trust had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.74 billion. Crown Castle had a net margin of 23.96% and a trailing twelve-month return on equity of 21.58%. The company's quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.77 EPS.
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Crown Castle announced a quarterly dividend on Tuesday, February 7th. Stockholders of record on Wednesday, March 15th will be given a dividend of $1.565 per share on Friday, March 31st. This represents a $6.26 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date is Tuesday, March 14th.
Read our dividend analysis for CCI.

ETFs with the largest weight of Crown Castle (NYSE:CCI) stock in their portfolio include Pacer Data & Infrastructure Real Estate ETF (SRVR), SP Funds S&P Global REIT Sharia ETF (SPRE), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Fidelity Real Estate Investment ETF (FPRO), iShares Cohen & Steers REIT ETF (ICF), Real Estate Select Sector SPDR Fund (XLRE), Invesco Active U.S. Real Estate ETF (PSR) and Direxion Daily Real Estate Bull 3X Shares (DRN).

Crown Castle (NYSE:CCI) pays an annual dividend of $6.26 per share and currently has a dividend yield of 4.78%. 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 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 162.18%. 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 86.58% 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 issued an update on its FY23 earnings guidance on Wednesday, January, 25th. The company provided EPS guidance of $7.58-$7.68 for the period, compared to the consensus earnings per share estimate of $7.75.

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."

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 $133.84.

Crown Castle (NYSE:CCI) has a market capitalization of $58.01 billion and generates $6.99 billion in revenue each year. The real estate investment trust earns $1.68 billion in net income (profit) each year or $3.86 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.