Zacks Research Has Positive View of Crown Castle Q2 Earnings

Crown Castle Inc. (NYSE:CCI - Free Report) - Analysts at Zacks Research upped their Q2 2026 earnings per share (EPS) estimates for shares of Crown Castle in a research note issued on Thursday, January 16th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings of $1.66 per share for the quarter, up from their prior forecast of $1.64. The consensus estimate for Crown Castle's current full-year earnings is $6.67 per share. Zacks Research also issued estimates for Crown Castle's Q3 2026 earnings at $1.70 EPS, Q4 2026 earnings at $1.80 EPS and FY2026 earnings at $6.77 EPS.

Several other analysts also recently weighed in on CCI. Jefferies Financial Group downgraded shares of Crown Castle from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $127.00 to $84.00 in a research report on Thursday, January 2nd. The Goldman Sachs Group boosted their price target on shares of Crown Castle from $105.00 to $120.00 and gave the company a "neutral" rating in a research report on Thursday, September 26th. Wells Fargo & Company lowered Crown Castle from an "equal weight" rating to an "underweight" rating and dropped their price objective for the stock from $105.00 to $100.00 in a report on Tuesday, December 10th. Royal Bank of Canada upped their target price on Crown Castle from $104.00 to $109.00 and gave the company a "sector perform" rating in a research report on Monday, October 28th. Finally, JPMorgan Chase & Co. lifted their price target on Crown Castle from $115.00 to $124.00 and gave the stock a "neutral" rating in a research report on Monday, September 23rd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $113.00.

Crown Castle Stock Up 0.4 %

CCI stock traded up $0.38 during trading on Monday, hitting $91.03. 4,990,378 shares of the company's stock were exchanged, compared to its average volume of 3,430,232. The stock has a market capitalization of $39.56 billion, a price-to-earnings ratio of 32.28 and a beta of 0.87. Crown Castle has a 52-week low of $84.20 and a 52-week high of $120.92. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 4.43. The business has a 50-day moving average price of $96.66 and a two-hundred day moving average price of $105.67.

Institutional Investors Weigh In On Crown Castle

Hedge funds and other institutional investors have recently bought and sold shares of the business. Nordea Investment Management AB increased its holdings in shares of Crown Castle by 29.4% in the 4th quarter. Nordea Investment Management AB now owns 1,243,722 shares of the real estate investment trust's stock valued at $113,465,000 after purchasing an additional 282,821 shares in the last quarter. Van ECK Associates Corp increased its holdings in Crown Castle by 24.7% in the third quarter. Van ECK Associates Corp now owns 157,895 shares of the real estate investment trust's stock valued at $17,476,000 after buying an additional 31,319 shares in the last quarter. Oak Thistle LLC purchased a new position in Crown Castle in the fourth quarter valued at about $1,231,000. Fisher Asset Management LLC lifted its position in shares of Crown Castle by 4.2% during the 3rd quarter. Fisher Asset Management LLC now owns 5,088,017 shares of the real estate investment trust's stock valued at $603,592,000 after acquiring an additional 203,442 shares during the period. Finally, Citizens Business Bank acquired a new stake in shares of Crown Castle in the 3rd quarter worth approximately $620,000. Institutional investors and hedge funds own 90.77% of the company's stock.

Crown Castle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $1.565 per share. This represents a $6.26 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date of this dividend was Friday, December 13th. Crown Castle's dividend payout ratio (DPR) is 221.99%.

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.