Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 60,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
SymbolNYSE:CCI
CUSIP22822710
Phone713-570-3000
Debt
Debt-to-Equity Ratio1.22
Current Ratio0.90
Quick Ratio0.90
Price-To-Earnings
Trailing P/E Ratio23.06
Forward P/E Ratio21.11
P/E Growth1.36
Sales & Book Value
Annual Sales$4.36 billion
Price / Sales10.57
Cash Flow$4.1819 per share
Price / Cash26.55
Book Value$30.37 per share
Price / Book3.66
Profitability
EPS (Most Recent Fiscal Year)$4.85
Net Income$444.55 million
Net Margins8.87%
Return on Equity4.06%
Return on Assets1.54%
Miscellaneous
Employees4,500
Outstanding Shares414,820,000
Market Cap$45,991.42
CROWN CASTLE In/SH SH (NYSE:CCI) Frequently Asked Questions
What is CROWN CASTLE In/SH SH's stock symbol?
CROWN CASTLE In/SH SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCI."
How often does CROWN CASTLE In/SH SH pay dividends? What is the dividend yield for CROWN CASTLE In/SH SH?
CROWN CASTLE In/SH SH announced a quarterly dividend on Thursday, May 17th. Shareholders of record on Friday, June 15th will be paid a dividend of $1.05 per share on Friday, June 29th. This represents a $4.20 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, June 14th. View CROWN CASTLE In/SH SH's Dividend History.
How were CROWN CASTLE In/SH SH's earnings last quarter?
CROWN CASTLE In/SH SH (NYSE:CCI) released its quarterly earnings results on Wednesday, July, 18th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.27 by $0.91. The real estate investment trust had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.32 billion. CROWN CASTLE In/SH SH had a net margin of 8.87% and a return on equity of 4.06%. The company's revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 earnings per share. View CROWN CASTLE In/SH SH's Earnings History.
When is CROWN CASTLE In/SH SH's next earnings date?
What guidance has CROWN CASTLE In/SH SH issued on next quarter's earnings?
CROWN CASTLE In/SH SH updated its FY18 earnings guidance on Wednesday, July, 18th. The company provided earnings per share (EPS) guidance of $4.85-4.93 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.88. CROWN CASTLE In/SH SH also updated its Q3 guidance to $1.18-1.20 EPS.
What price target have analysts set for CCI?
15 brokerages have issued 1 year target prices for CROWN CASTLE In/SH SH's shares. Their forecasts range from $107.00 to $120.00. On average, they anticipate CROWN CASTLE In/SH SH's share price to reach $114.3636 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View Analyst Ratings for CROWN CASTLE In/SH SH.
What is the consensus analysts' recommendation for CROWN CASTLE In/SH SH?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CROWN CASTLE In/SH SH in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about CROWN CASTLE In/SH SH stock?
Here are some recent quotes from research analysts about CROWN CASTLE In/SH SH stock:
- 1. According to Zacks Investment Research, "Crown Castle’s second-quarter 2018 adjusted funds from operations (AFFO) per share of $1.31 came in higher than the prior-year tally of $1.2. Results reflect stellar rise in site rental revenues. Also, the company has raised its outlook for 2018. Notably, the company continues to benefit from its extensive tower portfolio, high demand for infrastructure and healthy leasing activity. Further, continued efforts to diversify business from a tower operator to a fiber provider augur well for long-term growth. Also, deployment of 5G network will drive wireless carriers to expand and enhance their networks. This will foster growth for the company’s tower and small-cell assets in the future. Also, shares of Crown Castle have outperformed its industry in the past year. However, customer concentration and consolidation in the wireless industry remain headwinds." (7/19/2018)
- 2. Macquarie analysts commented, "We assign a slightly lower multiple to reflect the fiber business which is characterized by higher churn/lower growth vs Crown’s legacy business. Our TP goes to US$119 from US$107 based on a blended multiple of 19x our ‘19E AFFO/sh. Impact For the first time in 1+ years, results did not come in at the high-end of consensus estimates; we model 4Q AFFO/sh of US$1.06, in line with guidance. #1 As expected, ’18 guidance came in to set domestic standards for the industry. Crown was the first to give us a sneak peek into ’18 expectations which reflect 29-30%, 9-16%, and 17-20% site rental revenue, adj. EBITDA, and AFFO/sh growth (based on the mid-point of ’17 guidance). Our estimates are in line with guidance (Fig." (10/22/2017)
Who are some of CROWN CASTLE In/SH SH's key competitors?
Some companies that are related to CROWN CASTLE In/SH SH include American Tower (AMT), Simon Property Group (SPG), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), DIGITAL Rlty Tr/SH SH (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP) and SBA Communications (SBAC).
Who are CROWN CASTLE In/SH SH's key executives?
CROWN CASTLE In/SH SH's management team includes the folowing people:
- Mr. Jay A. Brown, Pres, CEO & Director (Age 45)
- Mr. Daniel K. Schlanger, CFO, Sr. VP & Treasurer (Age 44)
- Mr. Kenneth J. Simon, Sr. VP & Gen. Counsel (Age 57)
- Mr. James D. Young, COO of Fiber & Sr. VP (Age 56)
- Mr. Robert Sean Collins, Principal Accounting Officer, VP and Controller (Age 51)
Has CROWN CASTLE In/SH SH been receiving favorable news coverage?
News articles about CCI stock have trended somewhat negative this week, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CROWN CASTLE In/SH SH earned a news impact score of -0.06 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 47.74 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are CROWN CASTLE In/SH SH's major shareholders?
CROWN CASTLE In/SH SH's stock is owned by a number of of retail and institutional investors. Top institutional investors include Miller Howard Investments Inc. NY (0.16%), Huntington National Bank (0.09%), Westpac Banking Corp (0.06%), State of Alaska Department of Revenue (0.05%), Retirement Systems of Alabama (0.05%) and Columbia Partners L L C Investment Management (0.03%). Company insiders that own CROWN CASTLE In/SH SH stock include Anthony J Melone, Ari Q Fitzgerald, Daniel K Schlanger, J Landis Martin, James D Young, Jay A Brown, Kenneth Jay Simon, Michael Joseph Kavanagh, Philip M Kelley, Rob A Fisher, Robert E Garrison II, Robert F Mckenzie and W Benjamin Moreland. View Institutional Ownership Trends for CROWN CASTLE In/SH SH.
Which institutional investors are selling CROWN CASTLE In/SH SH stock?
CCI stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., State of Alaska Department of Revenue, Hartford Investment Management Co., Columbia Partners L L C Investment Management, Miller Howard Investments Inc. NY, Ledyard National Bank, Retirement Systems of Alabama and Fjarde AP Fonden Fourth Swedish National Pension Fund. Company insiders that have sold CROWN CASTLE In/SH SH company stock in the last year include Jay A Brown, Kenneth Jay Simon and Philip M Kelley. View Insider Buying and Selling for CROWN CASTLE In/SH SH.
Which institutional investors are buying CROWN CASTLE In/SH SH stock?
CCI stock was purchased by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Huntington National Bank, Westpac Banking Corp, National Investment Services Inc. WI, IFM Investors Pty Ltd, Xact Kapitalforvaltning AB, Hollencrest Capital Management and Manning & Napier Group LLC. Company insiders that have bought CROWN CASTLE In/SH SH 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 In/SH SH.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is CROWN CASTLE In/SH SH's stock price today?
One share of CCI stock can currently be purchased for approximately $111.03.
How big of a company is CROWN CASTLE In/SH SH?
CROWN CASTLE In/SH SH has a market capitalization of $45.99 billion and generates $4.36 billion in revenue each year. The real estate investment trust earns $444.55 million in net income (profit) each year or $4.85 on an earnings per share basis. CROWN CASTLE In/SH SH employs 4,500 workers across the globe.
How can I contact CROWN CASTLE In/SH SH?
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]
MarketBeat Community Rating for CROWN CASTLE In/SH SH (NYSE CCI)
MarketBeat's community ratings are surveys of what our community members think about CROWN CASTLE In/SH SH and other stocks. Vote "Outperform" if you believe CCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
