Crown Castle International Corporation Company Profile (NYSE:CCI)

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

Crown Castle International Corporation declared a quarterly dividend on Wednesday, October 18th. Shareholders of record on Friday, December 15th will be given a dividend of $1.05 per share on Friday, December 29th. This represents a $4.20 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date is Thursday, December 14th. This is a positive change from Crown Castle International Corporation's previous quarterly dividend of $0.95. View Crown Castle International Corporation's Dividend History.

Crown Castle International Corporation (NYSE:CCI) released its quarterly earnings results on Wednesday, October, 18th. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.10 by $0.07. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.07 billion. Crown Castle International Corporation had a return on equity of 5.93% and a net margin of 11.35%. The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 EPS. View Crown Castle International Corporation's Earnings History.

Crown Castle International Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, January, 24th 2018. View Earnings Estimates for Crown Castle International Corporation.

14 equities research analysts have issued 12-month price targets for Crown Castle International Corporation's stock. Their predictions range from $91.50 to $117.00. On average, they expect Crown Castle International Corporation's share price to reach $107.25 in the next year. View Analyst Ratings for Crown Castle International Corporation.

Here are some recent quotes from research analysts about Crown Castle International Corporation stock:

• 1. According to Zacks Investment Research, "Over the past one month, share price of Crown Castle declined 4.5% as against the industry's loss of 2.4%. Moreover, the company continues to face headwinds like high customer concentration, and consolidated wireless industry, which is likely to affect the company's top line. Evolution of new technologies may reduce the demand for site leases and the expenses related, also raises concern. On the flip side, Crown Castle’s extensive tower portfolio, increased demand for infrastructure, healthy leasing activity, continual buyout of towers and growing demand for mobile broadband act as major positives. Buyout of Wilcon Holdings will enable Crown Castle attain ownership over 28,000 route miles of fiber. 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." (10/10/2017)
• 2. Macquarie analysts commented, "We remain constructive on Crown’s long-term position to capitalize on the growth of small cells and a fiber footprint that will span 60k+ miles. Upcoming network investments and a focus on densification bode well for Crown, particularly with buildouts slated for ‘18/’19. However, much of the growth will be long-tailed and fiber portfolios carry different profiles. In addition, leverage of 5.9x is above its 4-5x target leaving little room for financial flexibility. Our target goes slightly lower to US$107 based on 20x ‘18E AFFO/sh to reflect revised Wilcon estimates now in guidance. Impact The US$7.1bn Lightower deal doubles Crown’s fiber footprint in top metro markets. With 32k+ miles of fiber in top cities including Boston, NYC, and Philadelphia as well as minimal overlap with Crown’s current footprint, the combined company will own/have rights to 60k+ miles of fiber. Crown’s fiber footprint will cover the top 10 markets and 23 out of the top 25 metro markets. This all-cash deal values Lightower at 13.5x adj. EBITDA (vs. Sunesys at ~16x and CCI currently trading at ~20x) and should close by year-end ’17. Within its first full year of operation, Lightower is projected to contribute: 1) US$850- 870m in site rental revenues; 2) US$163-213m in net income; 3) US$510-530m in adj. EBITDA; and 4) US$465-485m in AFFO before financing costs. Management also expects to increase the dividend by US$0.15-0.20/sh p.a; our US$107 target implies a ~4% yield with the proposed increase. The long-term dividend growth target is now 7-8% from 6-7% previously." (7/19/2017)

Some companies that are related to Crown Castle International Corporation include HDFC Bank Limited (HDB), American Express Company (AXP), BlackRock (BLK), Bank of Nova Scotia (The) (BNS), ING Group, N.V. (ING), Axa SA (AXAHY), D/B/A Chubb Limited New (CB), Australia & New Zealand Banking Group (ANZBY), National Australia Bank (NABZY), Banco Bradesco SA (BBD), UBS AG (UBS), PNC Financial Services Group, Inc. (The) (PNC), Lloyds Banking Group PLC (LYG), Prudential Public Limited Company (PUK), Yahoo! (AABA), The Charles Schwab Corporation (SCHW), American Tower Corporation (REIT) (AMT) and American International Group (AIG).

Crown Castle International Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Skylands Capital LLC (0.12%), State Treasurer State of Michigan (0.04%), APG Asset Management N.V. (0.03%), PGGM Investments (0.02%), Mutual of America Capital Management LLC (0.01%) and SeaBridge Investment Advisors LLC (0.01%). Company insiders that own Crown Castle International Corporation stock include Anthony J Melone, Ari Q Fitzgerald, Daniel K Schlanger, J Landis Martin, James D Young, Kenneth Jay Simon, 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 Corporation.

Crown Castle International Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, State Treasurer State of Michigan, LS Investment Advisors LLC, Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A. and Skylands Capital LLC. Company insiders that have sold Crown Castle International Corporation stock in the last year include Ari Q Fitzgerald, James D Young, Rob A Fisher, Robert E Garrison II and Robert F Mckenzie. View Insider Buying and Selling for Crown Castle International Corporation.

Crown Castle International Corporation's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Quantitative Systematic Strategies LLC, Mutual of America Capital Management LLC, Spirit of America Management Corp NY, Oakbrook Investments LLC, Park National Corp OH, Crow Point Partners LLC and SeaBridge Investment Advisors LLC. Company insiders that have bought Crown Castle International Corporation 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 Corporation.

Shares of Crown Castle International Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Crown Castle International Corporation stock can currently be purchased for approximately $104.99.