Q2 EPS Estimates for Crown Castle Boosted by Zacks Research

Crown Castle Inc. (NYSE:CCI - Free Report) - Zacks Research upped their Q2 2025 earnings per share (EPS) estimates for shares of Crown Castle in a research note issued on Tuesday, December 17th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings per share of $1.59 for the quarter, up from their previous forecast of $1.58. The consensus estimate for Crown Castle's current full-year earnings is $6.66 per share. Zacks Research also issued estimates for Crown Castle's FY2025 earnings at $6.46 EPS and FY2026 earnings at $6.73 EPS.

Crown Castle (NYSE:CCI - Get Free Report) last announced its quarterly earnings results on Wednesday, October 16th. The real estate investment trust reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $1.73 by ($1.03). The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.64 billion. Crown Castle had a net margin of 18.59% and a return on equity of 20.98%. The business's revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.77 EPS.

Other research analysts also recently issued reports about the company. UBS Group boosted their target price on Crown Castle from $103.00 to $118.00 and gave the stock a "neutral" rating in a report on Thursday, October 17th. Barclays upped their price objective on shares of Crown Castle from $116.00 to $117.00 and gave the company an "equal weight" rating in a report on Friday, November 1st. Citigroup set a $128.00 target price on shares of Crown Castle in a research note on Thursday, October 17th. Royal Bank of Canada upped their price target on shares of Crown Castle from $104.00 to $109.00 and gave the company a "sector perform" rating in a research note on Monday, October 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Crown Castle from $115.00 to $124.00 and gave the stock a "neutral" rating in a research report on Monday, September 23rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $117.00.

Crown Castle Stock Performance

NYSE CCI traded down $2.17 during trading on Thursday, reaching $90.73. 7,895,090 shares of the company's stock were exchanged, compared to its average volume of 2,696,040. The company has a debt-to-equity ratio of 4.43, a current ratio of 0.54 and a quick ratio of 0.54. The business has a 50 day moving average price of $105.16 and a 200-day moving average price of $106.92. The stock has a market capitalization of $39.43 billion, a P/E ratio of 32.17 and a beta of 0.86. Crown Castle has a fifty-two week low of $90.69 and a fifty-two week high of $120.92.

Crown Castle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $1.565 per share. The ex-dividend date is Friday, December 13th. This represents a $6.26 annualized dividend and a yield of 6.90%. Crown Castle's dividend payout ratio is 221.99%.

Institutional Trading of Crown Castle

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP grew its position in Crown Castle by 23.8% in the third quarter. Wellington Management Group LLP now owns 17,528,597 shares of the real estate investment trust's stock valued at $2,079,417,000 after acquiring an additional 3,371,186 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Crown Castle by 433.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,968,959 shares of the real estate investment trust's stock valued at $470,838,000 after purchasing an additional 3,225,460 shares during the last quarter. Daiwa Securities Group Inc. increased its position in Crown Castle by 4,097.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 2,524,226 shares of the real estate investment trust's stock worth $246,617,000 after purchasing an additional 2,464,094 shares in the last quarter. Bank of Montreal Can lifted its stake in Crown Castle by 191.7% in the 2nd quarter. Bank of Montreal Can now owns 2,032,521 shares of the real estate investment trust's stock valued at $195,183,000 after purchasing an additional 1,335,644 shares during the last quarter. Finally, Cooke & Bieler LP boosted its position in Crown Castle by 95.8% in the second quarter. Cooke & Bieler LP now owns 2,578,932 shares of the real estate investment trust's stock valued at $251,962,000 after buying an additional 1,261,536 shares in the last quarter. Institutional investors own 90.77% of the company's stock.

Crown Castle Company Profile

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.