CCI icon

Crown Castle

89.76 USD
+1.21
1.37%
Updated Feb 5, 12:08 PM EST
1 day
1.37%
5 days
0.84%
1 month
1.38%
3 months
-17.42%
6 months
-18.97%
Year to date
0.56%
1 year
-14.99%
5 years
-40.14%
10 years
3.49%
 

About: 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.

Employees: 5,000

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

53% more call options, than puts

Call options by funds: $366M | Put options by funds: $240M

42% more first-time investments, than exits

New positions opened: 118 | Existing positions closed: 83

38% more funds holding in top 10

Funds holding in top 10: 13 [Q2] → 18 (+5) [Q3]

16% more capital invested

Capital invested by funds: $41.2B [Q2] → $48B (+$6.72B) [Q3]

2% more funds holding

Funds holding: 1,110 [Q2] → 1,133 (+23) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 432 | Existing positions reduced: 450

2.26% less ownership

Funds ownership: 95.55% [Q2] → 93.29% (-2.26%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$85
5%
downside
Avg. target
$104
16%
upside
High target
$115
28%
upside

5 analyst ratings

positive
60%
neutral
20%
negative
20%
JMP Securities
Greg Miller
0 / 0 met price target
28%upside
$115
Market Outperform
Reiterated
30 Jan 2025
JMP Securities
David Scharf
80% 1-year accuracy
41 / 51 met price target
28%upside
$115
Market Outperform
Initiated
27 Jan 2025
Scotiabank
Maher Yaghi
50% 1-year accuracy
7 / 14 met price target
14%upside
$102
Sector Perform
Maintained
23 Jan 2025
Wells Fargo
Eric Luebchow
69% 1-year accuracy
31 / 45 met price target
5%downside
$85
Underweight
Maintained
23 Jan 2025
Barclays
Brendan Lynch
55% 1-year accuracy
17 / 31 met price target
16%upside
$104
Overweight
Upgraded
13 Jan 2025

Financial journalist opinion

Based on 10 articles about CCI published over the past 30 days

Positive
Seeking Alpha
20 hours ago
Crown Castle: Dividend Cut Lining Up, Stock Still Modestly Attractive
We had previously identified a sub $100 price as potentially attractive for Crown Castle Inc. stock. The company is negotiating the sale of its fiber business, with offers around $8 billion, far less than the $20 billion invested. Despite the potential for a large dividend cut, we believe CCI's underlying business is undervalued at current prices.
Crown Castle: Dividend Cut Lining Up, Stock Still Modestly Attractive
Negative
Seeking Alpha
3 days ago
Volatility Is Back
US equity markets posted modest declines this week amid a "DeepSeek" tumble, while interest rates declined to six-week lows as markets responded to the pause in the Fed's rate-cutting cycle. The Nasdaq 100 was the center of the action this week, dipping 1.4% on concern over potential competition from Chinese startup DeepSeek, which sparked a sharp sell-off in AI-darlings. Real estate equities were among the stronger performers for a third-straight week, buoyed by easing interest rates and by a relatively solid start to REIT earnings season.
Volatility Is Back
Positive
Reuters
6 days ago
EQT-backed Zayo in lead to buy Crown Castle assets in deal above $8 bln, source says
Fiber network owner Zayo Group is in the lead to buy the Crown Castle's assets in a deal that could be valued at over $8 billion, a source familiar with the matter told Reuters.
EQT-backed Zayo in lead to buy Crown Castle assets in deal above $8 bln, source says
Negative
Zacks Investment Research
1 week ago
How to Play Crown Castle Stock Following 15.8% Decline in 3 Months?
Crown Castle Inc. CCI has grabbed headlines in recent months. According to market sources, the buyout firm TPG is said to be in advanced talks about buying the fiber unit of the tower operator for about $8 billion.
How to Play Crown Castle Stock Following 15.8% Decline in 3 Months?
Positive
Seeking Alpha
1 week ago
Morning In America
Following the best week since November, U.S. markets posted their best first-week of a Presidential term since 1985 as investors saw business-friendly undertones in the early days of the new administration. Striking an agreeable tone for markets that were wary of the inflationary impacts of trade and fiscal policy, President Trump focused on supply side policies and didn't immediately implement sweeping tariffs. Posting record-highs for the first time since early December, the S&P 500 gained another 1.7% on the week, notching back-to-back weekly gains following a stretch of 4-of-5 weekly losses.
Morning In America
Positive
Seeking Alpha
1 week ago
How The 'Smart Money' Is Investing In REITs Right Now
Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying.
How The 'Smart Money' Is Investing In REITs Right Now
Neutral
GlobeNewsWire
1 week ago
Crown Castle Announces Tax Reporting Information for 2024 Distributions
HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today certain year-end tax reporting information for its 2024 distributions.
Crown Castle Announces Tax Reporting Information for 2024 Distributions
Negative
Seeking Alpha
2 weeks ago
Crown Castle: Towers Of Disappointment For Investors
Crown Castle is considering selling its fiber business to TPG for $8B, potentially unlocking value by focusing on its core tower segment. The company's dividend yield is high but likely unsustainable, with a potential cut if the fiber segment sale proceeds, impacting future payouts. Crown Castle's balance sheet is strained, with high leverage and rising interest payments, making debt reduction crucial if the fiber sale happens.
Crown Castle: Towers Of Disappointment For Investors
Positive
Zacks Investment Research
2 weeks ago
Should You Retain Crown Castle Stock in Your Portfolio for Now?
CCI's large portfolio of towers is poised to benefit from the rising wireless connectivity use. Yet, customer concentration and high interest expenses ail.
Should You Retain Crown Castle Stock in Your Portfolio for Now?
Positive
Investors Business Daily
3 weeks ago
Bonds Are Yielding Nearly 5% — But 7 Stocks Pay 7% Or More
Some investors might be tempted with 10-year Treasury yields now hitting nearly 5%. But you can score even higher yields from S&P 500 stocks.
Bonds Are Yielding Nearly 5% — But 7 Stocks Pay 7% Or More
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