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NYSE:CCI

Crown Castle (CCI) Stock Price, News & Analysis

$116.12
+2.25 (+1.98%)
(As of 09/6/2024 ET)
Today's Range
$113.74
$116.45
50-Day Range
$95.28
$116.11
52-Week Range
$84.72
$119.50
Volume
3.02 million shs
Average Volume
2.66 million shs
Market Capitalization
$50.46 billion
P/E Ratio
36.29
Dividend Yield
5.39%
Price Target
$113.53

Crown Castle MarketRank™ Stock Analysis

Analyst Rating
Hold
2.31 Rating Score
Upside/​Downside
2.2% Downside
$113.53 Price Target
Short Interest
Healthy
1.25% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.94
Upright™ Environmental Score
News Sentiment
1.35mentions of Crown Castle in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$1.13 M Sold Last Quarter
Proj. Earnings Growth
-1.96%
From $6.64 to $6.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.48 out of 5 stars

Finance Sector

282nd out of 871 stocks

Real Estate Investment Trusts Industry

55th out of 178 stocks

CCI stock logo

About Crown Castle Stock (NYSE:CCI)

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.

CCI Stock Price History

CCI Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Jim Cramer Wants You to Check These 10 Stocks
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Crown Castle: Reset For Recovery With REITs Rebounding
Crown Castle Releases 2023 ESG Report
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
7/17/2024
Today
9/07/2024
Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
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
$113.53
High Stock Price Target
$127.00
Low Stock Price Target
$100.00
Potential Upside/Downside
-2.2%
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
$6.98 billion
Cash Flow
$7.73 per share
Book Value
$13.01 per share

Miscellaneous

Free Float
432,828,000
Market Cap
$50.46 billion
Optionable
Optionable
Beta
0.85

Social Links

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Should I Buy Crown Castle Stock? CCI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Crown Castle Inc.:

  • 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 services, providing a stable revenue stream.

Cons

Investors should be bearish about investing in Crown Castle Inc. for these reasons:

  • No additional reasons available at the moment.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Crown Castle pros and cons to contact@marketbeat.com.

CCI Stock Analysis - Frequently Asked Questions

How have CCI shares performed this year?

Crown Castle's stock was trading at $115.19 at the start of the year. Since then, CCI shares have increased by 0.8% and is now trading at $116.12.
View the best growth stocks for 2024 here
.

How were Crown Castle's earnings last quarter?

Crown Castle Inc. (NYSE:CCI) issued its quarterly earnings results on Wednesday, July, 17th. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate of $0.54 by $0.04. The firm's revenue was down 12.9% compared to the same quarter last year.
Read the conference call transcript
.

What is Jay Brown's approval rating as Crown Castle's CEO?

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.

Does Crown Castle have any subsidiaries?

Crown Castle subsidiaries include these companies: Lightower Fiber Networks, Wilcon, Tower Development, Sunesys LLC, TriStar Investors, NextG Networks, NewPath Networks, and others.

Who are Crown Castle's major shareholders?

Crown Castle's top institutional shareholders include Legal & General Group Plc (1.42%), The Manufacturers Life Insurance Company (1.41%), Dimensional Fund Advisors LP (1.39%) and National Bank of Canada FI (0.93%). 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
.

How do I buy shares of Crown Castle?

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.

What other stocks do shareholders of Crown Castle own?

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).

This page (NYSE:CCI) was last updated on 9/7/2024 by MarketBeat.com Staff

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