Crown Castle Inc. (CCI)

NYSE: CCI · IEX Real-Time Price · USD
145.97
-6.57 (-4.31%)
At close: Feb 3, 2023, 4:00 PM
145.90
-0.07 (-0.05%)
After-hours: Feb 3, 2023, 7:55 PM EST
-4.31%
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]

Sector Real Estate
IPO Date Aug 14, 1998
Employees 5,000
Stock Exchange NYSE
Ticker Symbol CCI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$157.76
(8.08% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

1 week ago - GlobeNewsWire

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...

1 week ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

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?

1 week ago - Zacks Investment Research

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...

1 week ago - GlobeNewsWire

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.

1 week ago - Zacks Investment Research

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...

3 weeks ago - GlobeNewsWire

7 Stocks to Buy for the $100,000 Portfolio

Investors who want to build a portfolio's value over time will seek quality companies. Those stocks to buy have thriving businesses with proven returns on their investments.

Other symbols: CSCODOXINTCNTRQCOMWBA
3 weeks ago - InvestorPlace

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...

3 weeks ago - GlobeNewsWire

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...

3 weeks ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

Our 7 Top 5G Stock Picks for 2023

It feels like 5G technology has been around forever, but it's really only started to emerge in the last two years. The Covid-19 pandemic actually slowed its progress.

2 months ago - InvestorPlace

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.

Other symbols: AMTSBAC
2 months ago - GuruFocus

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?

2 months ago - Zacks Investment Research

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - Forbes

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.

Other symbols: AMTPLDPSAWELL
3 months ago - CNBC Television

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....

3 months ago - GlobeNewsWire

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.

3 months ago - Zacks Investment Research

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?

3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

Jim Cramer says these 14 stocks are ‘about to pop'

To come up with the companies, he reviewed the S&P 500's new 52-week low list.

4 months ago - CNBC

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...

Other symbols: AMTEQIXPLDPSAXLRE
4 months ago - Yahoo Finance

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...

4 months ago - GlobeNewsWire