Crown Castle Inc. (NYSE:CCI) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Crown Castle Inc. (NYSE:CCI) have been given an average recommendation of “Moderate Buy” by the twenty research firms that are covering the company, Marketbeat Ratings reports. Twelve analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $98.5222.

Several research firms have weighed in on CCI. The Goldman Sachs Group assumed coverage on shares of Crown Castle in a research note on Friday, June 26th. They issued a “neutral” rating and a $95.00 price target for the company. BMO Capital Markets raised their target price on Crown Castle from $91.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Barclays boosted their target price on Crown Castle from $91.00 to $92.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. KeyCorp upped their price target on Crown Castle from $98.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Finally, Truist Financial initiated coverage on Crown Castle in a report on Tuesday, March 31st. They set a “hold” rating and a $90.00 price objective for the company.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wiser Advisor Group LLC bought a new position in Crown Castle in the 3rd quarter valued at $29,000. Triumph Capital Management bought a new position in shares of Crown Castle in the third quarter worth $31,000. Hilton Head Capital Partners LLC raised its position in shares of Crown Castle by 55.6% in the first quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 134 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in shares of Crown Castle in the first quarter worth $32,000. Finally, Salomon & Ludwin LLC boosted its stake in Crown Castle by 128.7% during the fourth quarter. Salomon & Ludwin LLC now owns 382 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 215 shares during the period. 90.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Crown Castle News

Here are the key news stories impacting Crown Castle this week:

• Positive Sentiment: Crown Castle reported quarterly FFO of $1.13 per share, beating the Zacks consensus estimate of $1.00, while revenue of about $1.01 billion also came in slightly above expectations.
• Positive Sentiment: The company raised its full-year 2026 EPS guidance to $4.53-$4.65, above the prior outlook and above analyst expectations, signaling better-than-expected earnings momentum.
• Positive Sentiment: Management also nudged up its 2026 AFFO outlook and increased expected net income, suggesting stronger cash generation and profitability than previously forecast.
• Neutral Sentiment: Reported quarterly EPS of $0.22 missed one consensus estimate, but the miss appears less important to investors than the stronger FFO and guidance update.
• Neutral Sentiment: Year-over-year revenue was still down 4.9%, indicating the core business remains under some pressure even as earnings expectations improve.

Crown Castle Price Performance

Shares of NYSE CCI opened at $77.73 on Friday. Crown Castle has a fifty-two week low of $73.75 and a fifty-two week high of $115.76. The business has a fifty day moving average price of $84.87 and a two-hundred day moving average price of $85.91. The stock has a market capitalization of $33.93 billion, a PE ratio of 32.12, a P/E/G ratio of 0.39 and a beta of 0.95.

Crown Castle (NYSE:CCI) last announced its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.55. Crown Castle had a net margin of 25.13% and a negative return on equity of 64.64%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $995.41 million. During the same period in the prior year, the company posted $1.10 earnings per share. The business’s revenue for the quarter was down 4.9% on a year-over-year basis. On average, equities analysts expect that Crown Castle will post 4.22 EPS for the current year.

Crown Castle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Monday, June 15th. Crown Castle’s payout ratio is presently 175.62%.

Crown Castle Company Profile

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.