Crown Castle (CCI) Stock Price, News & Analysis

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last twelve months. There are currently 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCI, but not buy additional shares or sell existing shares.
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14 analysts have issued twelve-month price targets for Crown Castle's stock. Their CCI share price targets range from $100.00 to $140.00. On average, they anticipate the company's share price to reach $112.64 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price.
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Crown Castle's stock was trading at $115.19 on January 1st, 2024. Since then, CCI shares have decreased by 13.6% and is now trading at $99.50.
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Crown Castle saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 4,770,000 shares, a decline of 7.0% from the April 15th total of 5,130,000 shares. Based on an average trading volume of 2,910,000 shares, the days-to-cover ratio is currently 1.6 days.
View Crown Castle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our CCI earnings forecast.

Crown Castle Inc. (NYSE:CCI) announced its quarterly earnings results on Wednesday, April, 17th. The real estate investment trust reported $0.71 earnings per share for the quarter, missing the consensus estimate of $1.63 by $0.92. The real estate investment trust earned $1.64 billion during the quarter, compared to analysts' expectations of $1.63 billion. Crown Castle had a net margin of 20.32% and a trailing twelve-month return on equity of 21.30%. The business's quarterly revenue was down 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.91 earnings per share.
Read the conference call transcript.

Crown Castle announced a quarterly dividend on Wednesday, February 21st. Stockholders of record on Friday, March 15th will be given a dividend of $1.565 per share on Thursday, March 28th. This represents a $6.26 annualized dividend and a dividend yield of 6.29%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for CCI.

Crown Castle (NYSE:CCI) pays an annual dividend of $6.26 per share and currently has a dividend yield of 6.43%. CCI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 195.63%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CCI will have a dividend payout ratio of 97.97% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CCI.

ETFs with the largest weight of Crown Castle (NYSE:CCI) stock in their portfolio include Pacer Data & Infrastructure Real Estate ETF (SRVR), Global X Data Center & Digital Infrastructure ETF (VPN), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT), Invesco Active U.S. Real Estate ETF (PSR), iShares US Credit Bond ETF (CRED), iShares Cohen & Steers REIT ETF (ICF), Fidelity Real Estate Investment ETF (FPRO) and Real Estate Select Sector SPDR Fund (XLRE).

Crown Castle updated its FY 2024 earnings guidance on Wednesday, April, 17th. The company provided EPS guidance of 6.850-6.970 for the period, compared to the consensus EPS estimate of 6.880. The company issued revenue guidance of -.

205 employees have rated Crown Castle Chief Executive Officer Jay Brown on Glassdoor.com. Jay Brown has an approval rating of 67% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Crown Castle investors own include NVIDIA (NVDA), AT&T (T), QUALCOMM (QCOM), Verizon Communications (VZ), Cisco Systems (CSCO), Intel (INTC), AbbVie (ABBV), Walt Disney (DIS), American Tower (AMT) and Home Depot (HD).

Crown Castle's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.64%), M&G Plc (0.48%), Mitsubishi UFJ Trust & Banking Corp (0.44%), Swiss National Bank (0.30%), Sei Investments Co. (0.25%) and Sumitomo Mitsui Trust Holdings Inc. (0.21%). Insiders that own company stock include Catherine Piche, Christopher Levendos, J Landis Martin, Jason Genrich, Kevin A Stephens, Laura B Nichol, Matthew Thornton III, Michael Joseph Kavanagh and Robert Sean Collins.
View institutional ownership trends.

Shares of CCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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