Crown Castle
About: Crown Castle 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. Crown Castle's towers and fiber are predominantly in the largest US cities. The company has a very concentrated customer base, with about 75% of its revenue from the Big Three US mobile carriers. Crown Castle operates as a real estate investment trust. It has announced plans to divest its fiber business, which should be finalized in 2026. After that, Crown will be a stand-alone tower operator.
Employees: 5,000
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
10% more call options, than puts
Call options by funds: $441M | Put options by funds: $400M
0.84% more ownership
Funds ownership: 92.21% [Q3] → 93.05% (+0.84%) [Q4]
9% less first-time investments, than exits
New positions opened: 155 | Existing positions closed: 171
4% less funds holding
Funds holding: 1,136 [Q3] → 1,095 (-41) [Q4]
23% less capital invested
Capital invested by funds: $47.4B [Q3] → $36.7B (-$10.7B) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 18 [Q3] → 12 (-6) [Q4]
36% less repeat investments, than reductions
Existing positions increased: 321 | Existing positions reduced: 500
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$105
1%
downside
Avg. target
$113
7%
upside
High target
$122
15%
upside
10 analyst ratings
6 positive
60%
4 neutral
40%
0 negative
0%
Scotiabank Maher Yaghi 48% 1-year accuracy 12 / 25 met price target | 3%upside $109 | Sector Perform Maintained | 22 Apr 2025 |
RBC Capital Jonathan Atkin 67% 1-year accuracy 14 / 21 met price target | 1%upside $107 | Sector Perform Maintained | 11 Apr 2025 |
JP Morgan Philip Cusick 13% 1-year accuracy 1 / 8 met price target | 9%upside $115 | Neutral Maintained | 17 Mar 2025 |
Barclays Brendan Lynch 29% 1-year accuracy 8 / 28 met price target | 7%upside $113 | Overweight Maintained | 17 Mar 2025 |
Wells Fargo Eric Luebchow 39% 1-year accuracy 18 / 46 met price target | 1%downside $105 | Equal-Weight Upgraded | 17 Mar 2025 |
Financial journalist opinion
Based on 15 articles about CCI published over the past 30 days
Positive
Zacks Investment Research
1 hour ago
Crown Castle (CCI) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Crown Castle (CCI) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Neutral
Seeking Alpha
2 hours ago
Crown Castle Inc. (CCI) Q1 2025 Earnings Call Transcript
Crown Castle Inc. (NYSE:CCI ) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Kris Hinson - Vice President, Corporate Finance and Treasurer Daniel Schlanger - Interim President and Chief Executive Officer Sunit Patel - Executive Vice President and Chief Financial Officer Conference Call Participants Jonathan Atkin - RBC Capital Markets Ric Prentiss - Raymond James Michael Rollins - Citi James Schneider - Goldman Sachs Alexander Waters - Bank of America Benjamin Swinburne - Morgan Stanley Nicholas Del Deo - MoffettNathanson Richard Choe - JPMorgan Batya Levi - UBS Jonathan Chaplin - New Street Research Brandon Nispel - KeyBanc Capital Markets Brendan Lynch - Barclays Operator Good day and welcome to the Q1 2025 Crown Castle Earnings Conference Call. All participants will be in a listen-only mode.
Positive
Zacks Investment Research
2 hours ago
Crown Castle (CCI) Q1 FFO and Revenues Beat Estimates
Crown Castle (CCI) came out with quarterly funds from operations (FFO) of $1.10 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to FFO of $1.72 per share a year ago.
Neutral
GlobeNewsWire
5 hours ago
Crown Castle Reports First Quarter 2025 Results and Maintains Outlook for Full Year 2025
HOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the first quarter ended March 31, 2025 and maintains its full year 2025 Outlook, as reflected in the table below.
Negative
Seeking Alpha
2 days ago
Crown Castle Vs. American Tower: A Battle Of The Tower REITs
American Tower (AMT) is favored over Crown Castle (CCI) due to a better balance sheet, and stronger FFO growth relative to price growth. CCI's higher dividend yield is unsustainable, with a significant cut expected, reducing its attractiveness compared to AMT's stable dividend. AMT's growth is funded by debt, avoiding the dilution issues plaguing CCI, which faces operational challenges and divestitures.
Positive
Zacks Investment Research
2 days ago
What's in Store for Crown Castle Stock This Earnings Season?
Customer concentration and high interest expenses are likely to have impacted CCI's Q1 results despite its unmatched portfolio of wireless communication infrastructure assets.
Neutral
Zacks Investment Research
5 days ago
Countdown to Crown Castle (CCI) Q1 Earnings: Wall Street Forecasts for Key Metrics
Get a deeper insight into the potential performance of Crown Castle (CCI) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Negative
Seeking Alpha
1 week ago
The State Of REITs: April 2025 Edition
REITs finished the first quarter of 2025 in the red (-3.36%) with a brutal -4.92% average total return in March. Large cap (-2.04%) and mid cap REITs (-2.63%) saw modest losses, but small caps (-4.16%) and micro caps (-16.19%) had a particularly bad month. Only 29.49% of REIT securities had a positive total return in March.
Positive
Seeking Alpha
1 week ago
Crown Castle: Back To The Mast
Crown Castle is selling its fiber division for $8.5 billion to refocus on its 40,000 cell towers, boosting investor confidence and stock price. The sale will make CCI the only pure-play tower company in the US, offering higher returns and more predictable revenue compared to fiber. Despite a high debt load, CCI plans to use sale proceeds for debt repayment and share buybacks, improving financial stability and reducing interest expenses.
Negative
Seeking Alpha
1 week ago
Powell On The Hot Seat
US equity markets steadied this past week while bond markets rallied as investors parsed a surprisingly solid slate of economic data and a decent start to corporate earnings season. Early week gains were pared following comments from Fed Chair Powell regarding the inflationary impact of tariffs and the reluctance of the Fed to step in to support markets. The hawkish comments sparked a series of blistering critiques by President Trump, accusing the Fed Chair of "playing politics" and posting that his "termination cannot come fast enough."
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