Crown Castle (NYSE:CCI - Get Free Report) is expected to release its earnings data before the market opens on Wednesday, February 5th. Analysts expect Crown Castle to post earnings of $1.82 per share and revenue of $1.63 billion for the quarter.
Crown Castle Price Performance
Shares of CCI stock traded up $0.37 during mid-day trading on Thursday, reaching $90.22. The company's stock had a trading volume of 1,741,658 shares, compared to its average volume of 2,911,452. The firm's 50-day moving average is $92.76 and its two-hundred day moving average is $104.58. The company has a market cap of $39.21 billion, a P/E ratio of 31.99 and a beta of 0.88. Crown Castle has a 1-year low of $84.20 and a 1-year high of $120.92. The company has a debt-to-equity ratio of 4.43, a quick ratio of 0.54 and a current ratio of 0.54.
Wall Street Analyst Weigh In
Several research firms recently issued reports on CCI. Wells Fargo & Company dropped their price target on shares of Crown Castle from $100.00 to $85.00 and set an "underweight" rating for the company in a research report on Thursday, January 23rd. Citigroup set a $128.00 target price on Crown Castle in a research report on Thursday, October 17th. Moffett Nathanson lowered their price target on Crown Castle from $127.00 to $105.00 in a research report on Thursday, January 23rd. Barclays raised Crown Castle from an "equal weight" rating to an "overweight" rating and cut their price objective for the company from $117.00 to $104.00 in a report on Monday, January 13th. Finally, TD Cowen lowered their target price on shares of Crown Castle from $127.00 to $123.00 and set a "buy" rating on the stock in a report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $110.13.
View Our Latest Research Report on CCI
Crown Castle Company Profile
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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.
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