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NYSE:CCI

Crown Castle (CCI) Stock Price, News & Analysis

$112.10
+0.90 (+0.81%)
(As of 10/8/2024 ET)

About Crown Castle Stock (NYSE:CCI)

Key Stats

Today's Range
$110.79
$112.27
50-Day Range
$109.12
$120.25
52-Week Range
$84.72
$120.92
Volume
2.07 million shs
Average Volume
2.65 million shs
Market Capitalization
$48.72 billion
P/E Ratio
35.03
Dividend Yield
5.58%
Price Target
$115.40
Consensus Rating
Hold

Company Overview

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 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.

Crown Castle Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

CCI MarketRank™: 

Crown Castle scored higher than 84% of companies evaluated by MarketBeat, and ranked 265th out of 932 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Crown Castle has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 5 buy ratings, 11 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Crown Castle has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Crown Castle's stock forecast and price target.
  • Earnings Growth

    Earnings for Crown Castle are expected to decrease by -1.36% in the coming year, from $6.64 to $6.55 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Crown Castle is 35.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.56.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Crown Castle is 35.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.90.

  • Price to Book Value per Share Ratio

    Crown Castle has a P/B Ratio of 7.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Crown Castle's valuation and earnings.
  • Percentage of Shares Shorted

    1.88% of the outstanding shares of Crown Castle have been sold short.
  • Short Interest Ratio / Days to Cover

    Crown Castle has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Crown Castle has recently increased by 59.88%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Crown Castle is a leading dividend payer. It pays a dividend yield of 5.62%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Crown Castle does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Crown Castle is 195.63%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Crown Castle will have a dividend payout ratio of 95.57% in the coming year. This indicates that Crown Castle may not be able to sustain their current dividend.

  • Read more about Crown Castle's dividend.
  • Percentage of Shares Shorted

    1.88% of the outstanding shares of Crown Castle have been sold short.
  • Short Interest Ratio / Days to Cover

    Crown Castle has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Crown Castle has recently increased by 59.88%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Crown Castle has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Crown Castle this week, compared to 12 articles on an average week.
  • Search Interest

    30 people have searched for CCI on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Crown Castle to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Crown Castle insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,128,785.00 in company stock.

  • Percentage Held by Insiders

    Only 0.39% of the stock of Crown Castle is held by insiders.

  • Percentage Held by Institutions

    90.77% of the stock of Crown Castle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Crown Castle's insider trading history.
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CCI Stock News Headlines

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Crown Castle (NYSE:CCI) Shares Down 3.1%
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CCI Stock Analysis - Frequently Asked Questions

Crown Castle's stock was trading at $115.19 at the beginning of 2024. Since then, CCI shares have decreased by 2.7% and is now trading at $112.10.
View the best growth stocks for 2024 here
.

Crown Castle Inc. (NYSE:CCI) announced its earnings results on Wednesday, July, 17th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.04. The firm's revenue was down 12.9% on a year-over-year basis.
Read the conference call transcript
.

Crown Castle subsidiaries include Lightower Fiber Networks, Wilcon, Tower Development, Sunesys LLC, TriStar Investors, NextG Networks, NewPath Networks, and more.

Top institutional shareholders of Crown Castle include Maple Brown Abbott Ltd (0.20%), Handelsbanken Fonder AB (0.05%), AMF Tjanstepension AB (0.04%) and Brookstone Capital Management (0.02%). Insiders that own company stock include Michael Joseph Kavanagh, Laura B Nichol, Kevin A Stephens, Robert Sean Collins, Matthew Thornton III, Christopher Levendos, Jason Genrich, Sunit S Patel and Catherine Piche.
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.
Compare Top Brokerages Here.

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

Company Calendar

Last Earnings
7/17/2024
Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Today
10/08/2024
Next Earnings (Confirmed)
10/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Wireless Telecommunication Services
CUSIP
22822710
Employees
4,700
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$115.40
High Stock Price Target
$127.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
16 Analysts

Profitability

Net Income
$1.50 billion
Pretax Margin
18.42%

Debt

Sales & Book Value

Annual Sales
$6.61 billion
Cash Flow
$7.30 per share
Book Value
$14.71 per share

Miscellaneous

Free Float
432,828,000
Market Cap
$48.49 billion
Optionable
Optionable
Beta
0.85

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This page (NYSE:CCI) was last updated on 10/8/2024 by MarketBeat.com Staff
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