Crown Castle Inc. (CCI)
| Market Cap | 63.21B |
| Revenue (ttm) | 6.88B |
| Net Income (ttm) | 1.61B |
| Shares Out | 433.05M |
| EPS (ttm) | 3.73 |
| PE Ratio | 39.13 |
| Forward PE | 35.97 |
| Dividend | $5.98 (4.09%) |
| Ex-Dividend Date | Dec 14, 2022 |
| Volume | 2,220,902 |
| Open | 150.63 |
| Previous Close | 152.54 |
| Day's Range | 143.70 - 150.63 |
| 52-Week Range | 121.71 - 199.97 |
| Beta | 0.63 |
| Analysts | Buy |
| Price Target | 157.76 (+8.08%) |
| Earnings Date | Jan 26, 2023 |
About CCI
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 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. [Read more]
Financial Performance
In 2021, CCI's revenue was $6.34 billion, an increase of 8.56% compared to the previous year's $5.84 billion. Earnings were $1.10 billion, an increase of 9.71%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for CCI stock is "Buy." The 12-month stock price forecast is $157.76, which is an increase of 8.08% from the latest price.
News
Crown Castle Announces Tax Reporting Information for 2022 Distributions
HOUSTON, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today certain year-end tax reporting information for its 2022 distributions.
Crown Castle (CCI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Crown Castle (CCI) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street e...
Crown Castle (CCI) Q4 FFO & Revenues Beat on Solid Demand
Crown Castle's (CCI) Q4 earnings outshine estimates on elevated tower space demand for 5G deployment. Site-rental revenues grow year over year, aiding the top line.
Crown Castle (CCI) Beats Q4 FFO and Revenue Estimates
Crown Castle (CCI) delivered FFO and revenue surprises of 1.09% and 0.88%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Crown Castle Reports Fourth Quarter and Full Year 2022 Results, Maintains Outlook for Full Year 2023
HOUSTON, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the fourth quarter and full year ended December 31, 2022, and maintained its full y...
What's in Store for Crown Castle (CCI) This Earnings Season?
Crown Castle's (CCI) Q4 earnings are likely to have benefited from the rise in demand for tower leasing by wireless network carriers for 5G deployment and network expansion.
Crown Castle Announces Fourth Quarter 2022 Earnings Conference Call Details
HOUSTON, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its fourth quarter 2022 results on Wednesday, January 25, 2023, after the market closes. In c...
Crown Castle Announces Pricing of Senior Notes Offering
HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that it has priced its previously announced public offering of 5.000% Senior Notes due 2028 in...
Crown Castle Announces Proposed Offering of Senior Notes
HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that it is commencing a public offering of senior notes, subject to market and other condition...
Crown Castle to Present at Citi's 2023 Communications, Media & Entertainment Conference
HOUSTON, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle's Executive Vice President and Chief Financial Officer, is sc...
Cell Tower REITs Are Finally on Sale
When the latest bull market began cooling off amid a declining economy, soaring inflation and rising interest rates, many value investors started looking for bargains.
Crown Castle (CCI) Up 5.4% Since Last Earnings Report: Can It Continue?
Crown Castle (CCI) reported earnings 30 days ago. What's next for the stock?
Crown Castle and Boys & Girls Clubs of America Inspire the Next Generation Through a Nearly $2 Million National Partnership to Clean-Up Clubs and Promote STEM
Crown Castle will support over 50 Clubs across the country over the next two years through its Connected by Good program Crown Castle will support over 50 Clubs across the country over the next two ye...
Crown Castle to Present at the Morgan Stanley 2022 European Technology, Media & Telecom Conference
HOUSTON, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle's Chief Financial Officer, is scheduled to present on Thursda...
A Key Insider Just Bought $150,397 Of This Soaring Dividend
We contrarian dividend buyers love it when an insider loads up on their own stock.
Neuberger Berman's Brian Jones offers opportunity plays in REITs
Brian Jones, Neuberger Berman portfolio manager, joins 'The Exchange' to discuss opportunity finds in REITs.
Crown Castle Declares Quarterly Common Stock Dividend
HOUSTON, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share....
Crown Castle (CCI) Beats on Q3 FFO & Revenues, Hikes Dividend
Solid 5G leasing environment and elevated tower space demand aid Crown Castle's (CCI) Q3 earnings. It announces a hike in its quarterly cash dividend payment and maintains its 2022 outlook.
Crown Castle (CCI) Surpasses Q3 FFO and Revenue Estimates
Crown Castle (CCI) delivered FFO and revenue surprises of 1.09% and 0.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Crown Castle Reports Third Quarter 2022 Results, Provides Outlook For Full Year 2023 and Announces 6.5% Increase to Common Stock Dividend
HOUSTON, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the third quarter ended September 30, 2022, maintained its full year 2022 outlook a...
REITs ‘well positioned' as interest rates rise, economist says
Reits National Association of REITs economist John Worth joins Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith to discuss the market for REITs as interest rates rise and inflation r...
Crown Castle Announces Third Quarter 2022 Earnings Conference Call Details
HOUSTON, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its third quarter 2022 results on Wednesday, October 19, 2022, after the market closes. In co...