Crown Castle’s (CCI) Underweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their underweight rating on shares of Crown Castle (NYSE:CCI) in a research report sent to investors on Monday morning, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has a $80.00 target price on the real estate investment trust’s stock, down from their previous target price of $85.00.

CCI has been the subject of several other reports. Wolfe Research cut Crown Castle from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, May 20th. Citigroup reaffirmed a “market outperform” rating on shares of Crown Castle in a research report on Friday, July 24th. Jefferies Financial Group cut their target price on shares of Crown Castle from $88.00 to $82.00 and set a “hold” rating for the company in a research note on Wednesday, July 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Crown Castle in a research note on Wednesday, August 19th. Finally, Royal Bank Of Canada reduced their price target on shares of Crown Castle from $92.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Crown Castle presently has an average rating of “Hold” and an average price target of $94.86.

Crown Castle Price Performance

CCI stock opened at $72.99 on Monday. Crown Castle has a 52-week low of $69.72 and a 52-week high of $100.50. The company has a 50-day moving average of $75.96 and a two-hundred day moving average of $82.70. The stock has a market capitalization of $31.05 billion, a price-to-earnings ratio of 37.05, a price-to-earnings-growth ratio of 0.66 and a beta of 0.95.

Crown Castle (NYSE:CCI) last posted its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.18. Crown Castle had a negative return on equity of 51.60% and a net margin of 20.71%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $995.05 million. During the same period in the previous year, the company posted $0.67 earnings per share. The firm’s revenue for the quarter was down 4.9% on a year-over-year basis. Crown Castle has set its FY 2026 guidance at 4.530-4.650 EPS. Equities analysts expect that Crown Castle will post 4.38 EPS for the current fiscal year.

Crown Castle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $1.0625 dividend. This represents a $4.25 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Tuesday, September 15th. Crown Castle’s payout ratio is 215.74%.

Insider Transactions at Crown Castle

In other news, VP Robert Collins sold 1,500 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $75.89, for a total value of $113,835.00. Following the completion of the transaction, the vice president owned 5,113 shares in the company, valued at approximately $388,025.57. This represents a 22.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.09% of the stock is owned by company insiders.

Institutional Trading of Crown Castle

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Anchor Investment Management LLC grew its stake in shares of Crown Castle by 242.8% in the 2nd quarter. Anchor Investment Management LLC now owns 473 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 335 shares during the period. Junto Capital Management LP acquired a new position in shares of Crown Castle in the 2nd quarter worth approximately $68,627,000. Sequoia Financial Advisors LLC lifted its position in shares of Crown Castle by 5.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,325 shares of the real estate investment trust’s stock worth $555,000 after buying an additional 353 shares during the period. MCF Advisors LLC boosted its stake in Crown Castle by 34.4% in the 2nd quarter. MCF Advisors LLC now owns 13,454 shares of the real estate investment trust’s stock valued at $1,019,000 after buying an additional 3,447 shares in the last quarter. Finally, National Pension Service boosted its stake in Crown Castle by 8.1% in the 2nd quarter. National Pension Service now owns 674,624 shares of the real estate investment trust’s stock valued at $51,089,000 after buying an additional 50,772 shares in the last quarter. Institutional investors own 90.77% of the company’s stock.

Key Stories Impacting Crown Castle

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

• Positive Sentiment: Unusually heavy options activity was reported, with traders purchasing 16,981 call options—nearly nine times the average daily volume. Call buying can indicate speculative expectations for a rebound, although it does not guarantee that the underlying shares will rise.
• Positive Sentiment: Crown Castle’s $1.06-per-share cash dividend is scheduled to be paid on September 30, supporting the stock’s income appeal. The shares went ex-dividend on September 15, so new buyers may not receive this payment. Crown Castle Dividend Analysis
• Neutral Sentiment: CFO Sunit Patel plans to retire, with Kris Hinson named as his successor, while COO Cathy Piche is also preparing to step down. Planned transitions may reduce uncertainty because successors or a search process are in place, but investors could remain cautious about execution and continuity. Crown Castle Names Next CFO
• Neutral Sentiment: CFO Sunit Patel is scheduled to present at the RBC Capital Markets Global Communications Infrastructure Conference on September 29. The event could provide updates on strategy, operating trends and the leadership transition, but no new financial information has been announced. RBC Capital Markets Conference Presentation
• Negative Sentiment: JPMorgan reiterated an Underweight rating after previously downgrading Crown Castle from Neutral. The stance adds analyst pressure and suggests concerns about the company’s outlook or valuation remain a key reason for the recent weakness. JPMorgan Reiterates Underweight Rating

Crown Castle Company Profile

Crown Castle Inc (NYSE: CCI) is a communications infrastructure company that owns, operates and leases shared wireless infrastructure in the United States. Its assets support wireless carriers, broadcasters, government agencies and other communications providers by enabling the transmission of voice, data and video services.

The company’s primary infrastructure includes cell towers and other tower sites that host antennas and related equipment. Crown Castle has also developed and operated fiber networks and small-cell systems, which help wireless providers expand network capacity and coverage in densely populated areas and along high-traffic corridors.

Founded in 1994 and headquartered in Houston, Texas, Crown Castle has historically served customers across major U.S.