Crown Castle Inc. (CCI)

NYSE: CCI · Real-Time Price · USD
90.66
-0.07 (-0.08%)
At close: Dec 20, 2024, 4:00 PM
90.72
+0.06 (0.07%)
After-hours: Dec 20, 2024, 7:57 PM EST
-0.08%
Market Cap 39.40B
Revenue (ttm) 6.59B
Net Income (ttm) 1.23B
Shares Out 434.60M
EPS (ttm) 2.82
PE Ratio 32.15
Forward PE 39.50
Dividend $6.26 (6.91%)
Ex-Dividend Date Dec 13, 2024
Volume 4,590,283
Open 90.47
Previous Close 90.73
Day's Range 89.64 - 91.81
52-Week Range 89.64 - 120.92
Beta 0.86
Analysts Hold
Price Target 115.71 (+27.63%)
Earnings Date Jan 22, 2025

About CCI

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 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. [Read more]

Sector Real Estate
IPO Date Aug 14, 1998
Employees 4,700
Stock Exchange NYSE
Ticker Symbol CCI
Full Company Profile

Financial Performance

In 2023, Crown Castle's revenue was $6.98 billion, a decrease of -0.07% compared to the previous year's $6.99 billion. Earnings were $1.50 billion, a decrease of -10.33%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CCI stock is "Hold." The 12-month stock price forecast is $115.71, which is an increase of 27.63% from the latest price.

Price Target
$115.71
(27.63% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Very Bad News For REITs

Trump's election victory is bad news for many REITs. His policies are perceived to be inflationary. As a result, interest rates may remain higher for longer.

1 day ago - Seeking Alpha

Stocks on the Move: Uber, Carmax, Novo Nordisk, Eli Lilly, Merck, Crown Castle and Accenture

The CNBC 'Halftime Report' Investment Committee discusses today's market movers.

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2 days ago - CNBC Television

TPG in advanced talks to buy Crown Castle's fiber unit for $8 bln, source says

Buyout firm TPG is in advanced talks to buy the fiber unit of tower operator Crown Castle for about $8 billion, a person familiar with the matter said.

Other symbols: TPG
2 days ago - Reuters

Retire Rich: 2 Undervalued REITs To Secure Your Income Stream

Realty Income and Crown Castle offer high yields and trade below intrinsic values, making them attractive for income investors. Realty Income's triple net lease model, high credit rating, and global e...

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4 days ago - Seeking Alpha

Why The Market May Get Turned Upside Down In 2025

AI stocks have dominated the market in 2024, dragging the S&P 500 higher with them. I think the market may get turned upside down in 2025. I share why and also share some of my top picks for the new y...

4 days ago - Seeking Alpha

Crown Castle Stock: A Golden Opportunity Near 52-Week Lows For Long-Term Investors

Crown Castle (CCI) stock is trading near 52-week lows, presenting an attractive entry point for long-term investors with a robust 6.45% dividend yield. CCI's strategic focus on small cells and 5G infr...

6 days ago - Seeking Alpha

Santa Claus Is Coming To REIT Town

VICI Properties is a top gaming and experiential REIT with strong growth, disciplined management, and a favorable valuation, making it an "easy" Buy with 20% return expectations. Crown Castle, a major...

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13 days ago - Seeking Alpha

I'm Buying Up To 9% Yield For Recurring Income

Inflation makes Crescent Capital and Crown Castle compelling income-generating investments with yields of 9% and 6%, respectively. Crescent Capital offers a diversified portfolio with a strong 1st lie...

Other symbols: CCAP
20 days ago - Seeking Alpha

Crown Castle: Analyzing Historical And Future Fair Value

Crown Castle Inc (CCI) is trading at 15% above its 52-week low, offering a 39% upside based on historical fair value metrics. Using a dividend discount model, CCI's fair value is estimated at $146, im...

21 days ago - Seeking Alpha

The U.S. Election's Impact On REITs

Donald Trump's proposed policies could impact inflation and interest rates. They could also impact individual property sectors. We explain the impact on residential, industrial, cell tower, healthcare...

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22 days ago - Seeking Alpha

Why REITs Will Pummel Stocks In 2025

REITs have strongly outperformed the S&P 500 in the recent past. I expect this strong outperformance to continue. There are two reasons for this.

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5 weeks ago - Seeking Alpha

Crown Castle: Buy The Dip Hand Over Fist

Crown Castle Inc. presents a compelling buy-the-dip opportunity with a high dividend yield of 6.1% and a historically low valuation. CCI's strong Q3 performance, driven by robust growth in small cells...

5 weeks ago - Seeking Alpha

Forget The Election: 3 REITs To Buy Today

Macroeconomics trumps politics. REITs are cheap and set to benefit from rate cuts. Here are 3 REITs that win no matter what.

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5 weeks ago - Seeking Alpha

My Portfolio's Biggest Winners And Losers From A Republican Sweep

The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...

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6 weeks ago - Seeking Alpha

3 REITs With Rapid Dividend Growth

Most REITs are in a strong position to grow their dividend in 2025. But some are growing far faster than others. I discuss 3 of the fastest growing REITs.

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7 weeks ago - Seeking Alpha

Crown Castle Is Still A Better Play Than American Tower

American Tower Corporation's international growth and asset sales have improved its relative position, but Crown Castle Inc. remains a strong buy due to its upside potential. Crown Castle has faced re...

Other symbols: AMT
2 months ago - Seeking Alpha

Crown Castle: Paving The Way For AI-Backed Dividends

Crown Castle remains a solid investment with a 5.6% yield, covered by earnings, despite slower growth and operational challenges. CCI's valuation has improved, and it is well-positioned to capitalize ...

2 months ago - Seeking Alpha

Crown Castle Can See Growth In The Easing Economic Environment (Upgrade)

Crown Castle Inc. is restructuring, cutting 7,000 greenfield small cell nodes to save $800 million, and is focusing on less risky colocation projects for growth. Crown Castle will likely experience a ...

2 months ago - Seeking Alpha

Crown Castle: Between Significant Undervaluation And Dividend Cut Risks

Crown Castle is poised for double-digit growth with a 40,000 small cell node backlog, benefiting from rising mobile data demand. Despite recent underperformance, CCI's strong balance sheet and cost-sa...

2 months ago - Seeking Alpha

Crown Castle Inc. (CCI) Q3 2024 Earnings Call Transcript

Crown Castle Inc. (NYSE:CCI) Q3 2024 Earnings Conference Call October 16, 2024 5:00 PM ET Company Participants Kris Hinson - VP, Corporate Finance & Treasurer Steven Moskowitz - CEO Daniel Schlanger ...

2 months ago - Seeking Alpha

Wireless tower operator Crown Castle lowers full year net income forecast

Crown Castle lowered its full-year 2024 net income forecast on Wednesday, due to slower tower leasing activity in wake of wireless carriers tightening budgets.

2 months ago - Reuters

Crown Castle Reports Third Quarter 2024 Results

HOUSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the third quarter ended September 30, 2024 and maintained its full year 2024 Outloo...

2 months ago - GlobeNewsWire

Exclusive: EQT-backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say

Fiber network owner Zayo Group and buyout firm TPG are competing to acquire the fiber and wireless assets of Crown Castle , in a deal that could be valued at nearly $10 billion, according to people fa...

Other symbols: TPG
2 months ago - Reuters

2 REITs With Huge Upside Potential

REITs remain extremely cheap, even following the recent rally. This is especially true for more speculative REITs. I highlight 2 REITs that could triple.

Other symbols: CXW
3 months ago - Seeking Alpha

Crown Castle Announces Third Quarter 2024 Earnings Conference Call Details

HOUSTON, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its third quarter 2024 results on Wednesday, October 16, 2024, after the market closes. In c...

3 months ago - GlobeNewsWire