Crown Castle (NYSE:CCI) Price Target Lowered to $120.00 at Citizens Jmp

Crown Castle (NYSE:CCI) had its price target decreased by Citizens Jmp from $125.00 to $120.00 in a research note issued to investors on Friday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the real estate investment trust’s stock.

A number of other research analysts have also recently weighed in on CCI. JPMorgan Chase & Co. cut their price objective on shares of Crown Castle from $95.00 to $85.00 and set a “neutral” rating on the stock in a research report on Thursday. KeyCorp lifted their price target on shares of Crown Castle from $98.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Crown Castle in a report on Friday, May 22nd. BMO Capital Markets increased their price objective on shares of Crown Castle from $91.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Finally, Wolfe Research cut Crown Castle from an “outperform” rating to a “peer perform” rating in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $95.92.

Crown Castle Stock Up 0.5%

Shares of CCI stock opened at $74.94 on Friday. The stock has a market cap of $32.71 billion, a P/E ratio of 38.04, a PEG ratio of 0.38 and a beta of 0.95. Crown Castle has a 52 week low of $73.75 and a 52 week high of $113.80. The company’s fifty day simple moving average is $84.38 and its two-hundred day simple moving average is $85.74.

Crown Castle (NYSE:CCI) last posted its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.55. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $995.41 million. Crown Castle had a negative return on equity of 51.60% and a net margin of 20.71%.The company’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 EPS. On average, analysts anticipate that Crown Castle will post 4.22 EPS for the current fiscal year.

Crown Castle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $1.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.7%. Crown Castle’s dividend payout ratio is presently 175.62%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CCI. Wiser Advisor Group LLC purchased a new stake in shares of Crown Castle in the 3rd quarter valued at approximately $29,000. Triumph Capital Management acquired a new position in Crown Castle during the 3rd quarter worth $31,000. Hilton Head Capital Partners LLC raised its stake in Crown Castle by 55.6% in the first quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 134 shares in the last quarter. Salomon & Ludwin LLC increased its stake in Crown Castle by 128.7% in the fourth quarter. Salomon & Ludwin LLC now owns 382 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 215 shares during the last quarter. Finally, MV Capital Management Inc. purchased a new stake in Crown Castle in the fourth quarter valued at $34,000. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Key Crown Castle News

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

• Positive Sentiment: Crown Castle beat Q2 expectations on key measures, including FFO and revenue, helped by lower interest expense. The company also updated full-year 2026 outlook, which suggests management sees improved operating momentum and progress from asset sales, debt repayment, and land investments. Crown Castle Reports Second Quarter 2026 Results and Updates Outlook for Full Year 2026
• Positive Sentiment: Analysts remain generally constructive despite trimming targets: Citigroup kept a buy rating, Citizens JMP kept market outperform, TD Cowen kept buy, and RBC kept outperform. Even with lower targets, the firms still see meaningful upside from current levels, signaling that expectations for CCI remain relatively favorable. Analyst price target updates
• Neutral Sentiment: Multiple analysts lowered price targets after the earnings release, including Citigroup to $98 from $106, Citizens JMP to $120 from $125, JPMorgan to $85 from $95, TD Cowen to $92 from $94, and RBC to $90 from $92. The cuts reflect a more cautious valuation stance, but not a bearish shift in ratings overall. Analyst price target updates
• Neutral Sentiment: Other coverage highlighted that Q2 results beat estimates even as site-rental revenue was affected by certain items, suggesting the quarter was solid but still showed some business mix or timing pressure. Crown Castle Q2 earnings beat even as site rental revenue impacted by items
• Negative Sentiment: Despite the earnings beat, the stock remains well below its recent highs, and the repeated target cuts may indicate analysts are resetting expectations for slower growth or a lower valuation multiple going forward. Analyst price target updates

Crown Castle Company Profile

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.