- Previous Close
105.47 - Open
106.25 - Bid 106.25 x 1000
- Ask 106.30 x 1100
- Day's Range
105.96 - 109.23 - 52 Week Range
84.72 - 119.50 - Volume
901,139 - Avg. Volume
2,705,050 - Market Cap (intraday)
46.125B - Beta (5Y Monthly) 0.84
- PE Ratio (TTM)
38.88 - EPS (TTM)
2.73 - Earnings Date Oct 16, 2024 - Oct 21, 2024
- Forward Dividend & Yield 6.26 (5.94%)
- Ex-Dividend Date Jun 14, 2024
- 1y Target Est
110.63
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.
www.crowncastle.comRecent News: CCI
View MorePerformance Overview: CCI
Trailing total returns as of 7/25/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: CCI
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: CCI
View MoreValuation Measures
Market Cap
45.83B
Enterprise Value
75.06B
Trailing P/E
38.63
Forward P/E
38.91
PEG Ratio (5yr expected)
3.45
Price/Sales (ttm)
6.94
Price/Book (mrq)
8.11
Enterprise Value/Revenue
11.36
Enterprise Value/EBITDA
19.53
Financial Highlights
Profitability and Income Statement
Profit Margin
18.01%
Return on Assets (ttm)
3.65%
Return on Equity (ttm)
18.74%
Revenue (ttm)
6.61B
Net Income Avi to Common (ttm)
1.19B
Diluted EPS (ttm)
2.73
Balance Sheet and Cash Flow
Total Cash (mrq)
155M
Total Debt/Equity (mrq)
519.83%
Levered Free Cash Flow (ttm)
1.28B
Research Analysis: CCI
View MoreCompany Insights: CCI
CCI does not have Company Insights
Research Reports: CCI
View MoreDaily – Vickers Top Buyers & Sellers for 07/25/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Crown Castle: A Renewed Fiber Strategy Will Be Favorable for Shareholders
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 90,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company’s fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle’s towers and fiber are predominantly located in the largest US cities. The company has a very concentrated customer base, with about 75% of its revenue coming from the big three US mobile carriers. Crown Castle operates as a real estate investment trust.
RatingPrice TargetHOLD, as company continues cutbacks to improve margins
Crown Castle is a communications infrastructure REIT that owns and leases 40,000 towers, 115,000 small cells, and 85,000 route miles of fiber. The company has both single-tenant and colocation towers, and operations in 49 states. While organic growth continues to be driven by tower revenue, the company added about 8,000 new small cell nodes in 2023. Small cells are comprised of a series of smaller, lower-power antennas, and may be built either indoors or outdoors. They are able to boost wireless coverage in congested regions and extend coverage to hard-to-reach areas. In 2023, the Tower segment generated about 68% of revenue, with Fiber accounting for about one-third. Within each segment, annual site rental revenues account for about 95% of revenues and service fees for the remainder. About three-quarters of CCI's tower tenants are large cell phone carriers, with T-Mobile accounting for 36% of site revenues, and AT&T and Verizon 19% each. The company focuses on long-term lease agreements. The weighted-average remaining lease term is about six years, and the average number of tenants per tower is 2.5. About 40% of tower locations are land owned by CCI. Activist investment firm, Elliot Investment Management, has called for a change in the board and top management, resulting in a strategic review of fiber operations and the appointment of several new independent board members. The company is based in Houston and has about 5,000 employees. CCI has a market cap of $45.5 billion and is part of the S&P 500.
RatingPrice TargetStocks are down sharply today, including all of the Magnificent 7 stocks.
Stocks are down sharply today, including all of the Magnificent 7 stocks. The first two Big Tech companies, Tesla and Alphabet, missed on earnings and that is shaking confidence across the board. The Nasdaq is faring the worst, down 2.5% at midday. Other Big Tech earnings are scattered with some coming next week. Chipotle and IBM report after-the-bell today.