Crown Castle
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 7,372 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
10% more call options, than puts
Call options by funds: $441M | Put options by funds: $400M
0.12% less ownership
Funds ownership: 93.13% [Q3] → 93.0% (-0.12%) [Q4]
4% less funds holding
Funds holding: 1,137 [Q3] → 1,088 (-49) [Q4]
13% less first-time investments, than exits
New positions opened: 150 | Existing positions closed: 172
23% less capital invested
Capital invested by funds: $47.9B [Q3] → $36.7B (-$11.2B) [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: 319 | Existing positions reduced: 500
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$99
7%
downside
Avg. target
$113
6%
upside
High target
$122
15%
upside
11 analyst ratings
8 positive
73%
3 neutral
27%
0 negative
0%
JP Morgan Philip Cusick 30% 1-year accuracy 3 / 10 met price target | 8%upside $115 | Neutral Maintained | 17 Mar 2025 |
Barclays Brendan Lynch 52% 1-year accuracy 17 / 33 met price target | 6%upside $113 | Overweight Maintained | 17 Mar 2025 |
Wells Fargo Eric Luebchow 38% 1-year accuracy 17 / 45 met price target | 1%downside $105 | Equal-Weight Upgraded | 17 Mar 2025 |
UBS Batya Levi 100% 1-year accuracy 6 / 6 met price target | 11%upside $118 | Buy Upgraded | 14 Mar 2025 |
Citigroup Michael Rollins 84% 1-year accuracy 21 / 25 met price target | 2%upside $108 | Buy Maintained | 14 Mar 2025 |
Financial journalist opinion
Based on 30 articles about CCI published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
Crown Castle Appoints Katherine Motlagh to its Board of Directors
HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Katherine Motlagh to its board of directors. Ms. Motlagh's appointment is effective today, March 17, 2025.
Neutral
GlobeNewsWire
4 days ago
Crown Castle Names Sunit Patel as Chief Financial Officer
HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Sunit Patel to the position of Executive Vice President and Chief Financial Officer (CFO), effective April 1, 2025. Mr. Patel will be leaving his position on Crown Castle's Board of Directors, effective March 17, 2025.
Positive
24/7 Wall Street
4 days ago
3 High-Yield Dividend Stocks to Buy Before March Ends
These three dividend stocks are certainly worth considering for long-term investors seeking higher yields in this declining interest rate environment.
Positive
Seeking Alpha
5 days ago
Crown Castle: A Buy With $140 Price Target After Solid Quarter
Crown Castle Inc. is rated a Buy due to strong 4Q24 earnings and a strategic refocus on its Tower segment after accepting an offer for its Fiber segment. The sale of the Fiber segment due in 2026, though at a disappointing valuation, aims to simplify the business, reduce debt, and fund share repurchases and dividends. Despite a dividend cut, the stock's 4.24% yield and planned organic investments make it attractive compared to pricier competitors like American Tower and SBA Communications.
Negative
Seeking Alpha
5 days ago
Fed Looms As Sentiment Dims
US equity markets remained under pressure this week as encouraging inflation data and a deal to avoid a government shutdown were offset by further tariff escalations and weak sentiment data. Markets struggled to agree on how the FOMC will interpret the latest economic data, with recent "hard data" showing encouraging trends while "softer" survey data has painted a far-bleaker outlook. Following its worst week in six months, the S&P 500 finished lower by another 2.3% this week - its fourth-straight week of declines - which dragged the index into "correction territory."
Neutral
Seeking Alpha
1 week ago
Crown Castle Q4: No. 2 Telecom Tower REIT Cuts Dividend
Crown Castle Inc. has a strong history of dividend growth while building the telecom tower infrastructure. The short-term outlook is mixed with a dividend cut and share buybacks, while long-term prospects depend on effective execution and competition with American Tower. Risks include competitive pressure and potential technological shifts, reducing the need for tower infrastructure.
Positive
Seeking Alpha
1 week ago
Crown Castle: Fiber Sale Gives Investors The Long Anticipated Dividend Cut
We had given Crown Castle a buy rating despite having certainty of a dividend cut. The fiber business sale at $8.5 billion impacts our fair value. 2026 AFFO projections appear optimistic, with some expected growth offset by churn.
Positive
Zacks Investment Research
1 week ago
Crown Castle Signs Deal to Sell Fiber Segment, Misses AFFO Estimates
CCI signs a deal to sell Fiber segment for $8.5 billion and reports lower-than-expected AFFO per share for the fourth quarter.
Neutral
Seeking Alpha
1 week ago
Crown Castle's $8.5 Billion Sale May Be A Mistake
Crown Castle delayed its earnings release to announce an $8.5 billion asset sale, aimed at debt reduction and stock buybacks, but this makes the company less attractive. Despite a slight revenue beat, Crown Castle's Q4 2024 results showed declines in key segments and a significant goodwill impairment charge, leading to a downgrade from 'strong buy' to 'buy'. The asset sale will reduce debt and fund a share buyback, but the proceeds are disappointing, and the stock will appear more expensive post-transaction.
Neutral
Seeking Alpha
1 week ago
Crown Castle Inc. (CCI) Q4 2024 Earnings Call Transcript
Crown Castle Inc. (NYSE:CCI ) Q4 2024 Earnings Conference Call March 13, 2025 5:00 PM ET Company Participants Kris Hinson - Vice President of Corporate Finance and Treasurer Steven Moskowitz - President and Chief Executive Officer Daniel K. Schlanger - Executive Vice President and Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley Michael Rollins - Citi Ric Prentiss - Raymond James Brendan Lynch - Barclays Nick Del Deo - MoffettNathanson Jim Schneider - Goldman Sachs Brandon Nispel - KeyBanc Capital Markets Batya Levi - UBS Operator Good afternoon, and welcome to the Fourth Quarter 2024 Crown Castle Earnings Conference Call.
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