Crown Castle (CCI) Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CCI shares.
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16 Wall Street research analysts have issued 12-month price targets for Crown Castle's shares. Their CCI share price forecasts range from $135.00 to $200.00. On average, they predict the company's share price to reach $155.56 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price.
View analysts price targets for CCI or view top-rated stocks among Wall Street analysts.

Crown Castle's stock was trading at $135.64 at the beginning of the year. Since then, CCI shares have decreased by 16.6% and is now trading at $113.08.
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Crown Castle saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,310,000 shares, an increase of 18.1% from the March 31st total of 3,650,000 shares. Based on an average trading volume of 1,990,000 shares, the short-interest ratio is currently 2.2 days. Currently, 1.0% of the company's shares are sold short.
View Crown Castle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our CCI earnings forecast.

Crown Castle Inc. (NYSE:CCI) released its quarterly earnings results on Wednesday, April, 19th. The real estate investment trust reported $0.97 EPS for the quarter, missing analysts' consensus estimates of $1.85 by $0.88. The real estate investment trust had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.76 billion. Crown Castle had a net margin of 23.81% and a trailing twelve-month return on equity of 22.12%. The company's quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.87 EPS.
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Crown Castle declared a quarterly dividend on Monday, May 1st. Stockholders of record on Thursday, June 15th will be paid a dividend of $1.565 per share on Friday, June 30th. This represents a $6.26 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date is Wednesday, June 14th.
Read our dividend analysis for CCI.

ETFs with the largest weight of Crown Castle (NYSE:CCI) stock in their portfolio include Pacer Data & Infrastructure Real Estate ETF (SRVR), SP Funds S&P Global REIT Sharia ETF (SPRE), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Fidelity Real Estate Investment ETF (FPRO), iShares Cohen & Steers REIT ETF (ICF), iShares US Credit Bond ETF (CRED), Real Estate Select Sector SPDR Fund (XLRE) and IQ CBRE NextGen Real Estate ETF (ROOF).

Crown Castle (NYSE:CCI) pays an annual dividend of $6.26 per share and currently has a dividend yield of 5.49%. CCI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 162.18%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CCI will have a dividend payout ratio of 88.42% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CCI.

Crown Castle issued an update on its FY 2023 earnings guidance on Thursday, April, 20th. The company provided earnings per share guidance of $7.58-$7.68 for the period, compared to the consensus earnings per share estimate of $7.74. The company issued revenue guidance of -.

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.

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

Crown Castle trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCI."

Crown Castle's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.24%), State Street Corp (4.76%), Bank of America Corp DE (3.70%), FMR LLC (2.12%), Geode Capital Management LLC (2.09%) and Wellington Management Group LLP (1.56%). Insiders that own company stock include Catherine Piche, Christopher Levendos, Daniel K Schlanger, J Landis Martin, James D Young, Kenneth Jay Simon, Kevin A Stephens, Laura B Nichol, Matthew Thornton III, Michael Joseph Kavanagh and Robert Sean Collins.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CCI stock can currently be purchased for approximately $113.08.

Crown Castle (NYSE:CCI) has a market capitalization of $49.04 billion and generates $6.99 billion in revenue each year. The real estate investment trust earns $1.68 billion in net income (profit) each year or $3.86 on an earnings per share basis.

The company employs 5,000 workers across the globe.

Crown Castle's mailing address is 1220 AUGUSTA DRIVE SUITE 600, HOUSTON TX, 77057. The official website for the company is www.crowncastle.com. The real estate investment trust can be reached via phone at (713) 570-3000, via email at ir@crowncastle.com, or via fax at 713-570-3100.