Crown Castle - CCI Stock Forecast, Price & News

15 Wall Street 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 analysts is that investors should "buy" CCI shares.
View CCI analyst ratings or view top-rated stocks.

15 Wall Street analysts have issued 1 year price targets for Crown Castle's stock. Their CCI share price forecasts range from $135.00 to $224.00. On average, they predict the company's share price to reach $163.93 in the next twelve months. This suggests a possible upside of 19.4% 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 on January 1st, 2022. Since then, CCI stock has decreased by 34.2% and is now trading at $137.27.
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Crown Castle saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 4,930,000 shares, a drop of 11.0% from the October 31st total of 5,540,000 shares. Based on an average trading volume of 2,260,000 shares, the short-interest ratio is currently 2.2 days. Currently, 1.1% of the company's shares are short sold.
View Crown Castle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our CCI earnings forecast.

Crown Castle Inc. (NYSE:CCI) announced its earnings results on Thursday, October, 20th. The real estate investment trust reported $0.97 EPS for the quarter, hitting analysts' consensus estimates of $0.97. The real estate investment trust had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.73 billion. Crown Castle had a trailing twelve-month return on equity of 20.28% and a net margin of 23.47%. The firm's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.77 earnings per share.
Read the conference call transcript.

Crown Castle announced a quarterly dividend on Wednesday, October 19th. Investors of record on Thursday, December 15th will be given a dividend of $1.565 per share on Friday, December 30th. This represents a $6.26 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend is Wednesday, December 14th. This is an increase from the stock's previous quarterly dividend of $1.47.
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 4.24%. 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 158.06%. 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 Thursday, November, 3rd. The company provided 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 Vanguard Group Inc. (13.15%), BlackRock Inc. (7.78%), State Street Corp (4.74%), Cohen & Steers Inc. (1.92%), Dimensional Fund Advisors LP (1.34%) and Royal Bank of Canada (1.33%). 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 and Robert Sean Collins.
View institutional ownership trends.

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 $137.27.

Crown Castle (NYSE:CCI) has a market capitalization of $59.44 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 $3.72 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.