Crown Castle (NYSE:CCI) Price Target Cut to $85.00 by Analysts at JPMorgan Chase & Co.

Crown Castle (NYSE:CCI) had its target price decreased by JPMorgan Chase & Co. from $95.00 to $85.00 in a report released on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the real estate investment trust’s stock.

CCI has been the topic of a number of other reports. Jefferies Financial Group increased their price objective on shares of Crown Castle from $84.00 to $89.00 and gave the company a “hold” rating in a research note on Tuesday, April 14th. The Goldman Sachs Group began coverage on shares of Crown Castle in a research report on Friday, June 26th. They issued a “neutral” rating and a $95.00 target price for the company. Wall Street Zen upgraded shares of Crown Castle from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. TD Cowen reduced their price target on shares of Crown Castle from $94.00 to $92.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Wolfe Research downgraded Crown Castle from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $95.02.

Crown Castle Stock Down 3.7%

Shares of CCI opened at $74.64 on Thursday. The business’s 50 day moving average is $84.61 and its two-hundred day moving average is $85.82. Crown Castle has a 52-week low of $73.75 and a 52-week high of $115.76. The firm has a market cap of $32.58 billion, a price-to-earnings ratio of 37.89, a PEG ratio of 0.39 and a beta of 0.95.

Crown Castle (NYSE:CCI) last released its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.55. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $995.41 million. Crown Castle had a net margin of 20.71% and a negative return on equity of 63.77%. The business’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share. On average, equities analysts expect that Crown Castle will post 4.22 earnings per share for the current fiscal year.

Crown Castle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $1.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $4.25 annualized dividend and a yield of 5.7%. Crown Castle’s dividend payout ratio (DPR) is 175.62%.

Institutional Trading of Crown Castle

Several institutional investors have recently added to or reduced their stakes in the business. Tema ETFs LLC raised its holdings in shares of Crown Castle by 16.3% during the second quarter. Tema ETFs LLC now owns 9,191 shares of the real estate investment trust’s stock worth $696,000 after purchasing an additional 1,287 shares during the period. Handelsbanken Fonder AB boosted its holdings in shares of Crown Castle by 6.0% in the 2nd quarter. Handelsbanken Fonder AB now owns 234,452 shares of the real estate investment trust’s stock valued at $17,755,000 after buying an additional 13,205 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of Crown Castle by 14.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 3,133 shares of the real estate investment trust’s stock valued at $237,000 after buying an additional 404 shares during the period. Everhart Financial Group Inc. grew its position in shares of Crown Castle by 2.7% during the 2nd quarter. Everhart Financial Group Inc. now owns 5,856 shares of the real estate investment trust’s stock valued at $443,000 after buying an additional 153 shares during the last quarter. Finally, Czech National Bank grew its position in shares of Crown Castle by 4.7% during the 2nd quarter. Czech National Bank now owns 124,231 shares of the real estate investment trust’s stock valued at $9,408,000 after buying an additional 5,630 shares during the last quarter. Institutional investors own 90.77% of the company’s stock.

Crown Castle News Roundup

Here are the key news stories impacting Crown Castle this week:

• Positive Sentiment: Crown Castle reported Q2 FFO/AFFO above estimates, helped by lower interest expense, and raised its full-year 2026 outlook, which suggests improved profitability and better-than-expected operating trends. Crown Castle Q2 AFFO Beats Estimates on Lower Interest Expense
• Positive Sentiment: Analysts still see upside from current levels despite trimming targets, with TD Cowen maintaining a buy rating and RBC keeping an outperform rating. Analyst price target updates
• Neutral Sentiment: The company’s Q2 revenue beat estimates, but site rental revenue was affected by one-time items and the quarter was described as mixed overall, leaving investors to weigh better guidance against some underlying softness. Crown Castle Reports Second Quarter 2026 Results and Updates Outlook for Full Year 2026
• Negative Sentiment: Crown Castle posted adjusted EPS below consensus in the reported quarter, and JPMorgan lowered its price target to $85 while keeping a neutral rating, reflecting more cautious expectations for the stock. JPMorgan price target cut
• Negative Sentiment: TD Cowen, RBC, and JPMorgan all cut their price targets on the name, which can reinforce concerns that the stock’s recent rally may have run ahead of near-term fundamentals. Multiple analyst target cuts

About Crown Castle

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.