Crown Castle Inc. (CCI)
- Previous Close
93.05 - Open
95.69 - Bid --
- Ask --
- Day's Range
92.49 - 96.48 - 52 Week Range
84.72 - 128.27 - Volume
4,937,714 - Avg. Volume
2,773,796 - Market Cap (intraday)
41.051B - Beta (5Y Monthly) --
- PE Ratio (TTM)
29.49 - EPS (TTM)
3.20 - Earnings Date Jul 17, 2024 - Jul 22, 2024
- Forward Dividend & Yield 6.26 (6.63%)
- Ex-Dividend Date Mar 14, 2024
- 1y Target Est
116.13
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them.
www.crowncastle.comRecent News: CCI
Performance Overview: CCI
Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: CCI
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Statistics: CCI
Valuation Measures
Market Cap
41.05B
Enterprise Value
70.05B
Trailing P/E
29.49
Forward P/E
32.26
PEG Ratio (5yr expected)
8.27
Price/Sales (ttm)
5.98
Price/Book (mrq)
6.79
Enterprise Value/Revenue
10.03
Enterprise Value/EBITDA
17.07
Financial Highlights
Profitability and Income Statement
Profit Margin
20.37%
Return on Assets (ttm)
3.91%
Return on Equity (ttm)
21.02%
Revenue (ttm)
6.85B
Net Income Avi to Common (ttm)
1.4B
Diluted EPS (ttm)
3.20
Balance Sheet and Cash Flow
Total Cash (mrq)
125M
Total Debt/Equity (mrq)
481.55%
Levered Free Cash Flow (ttm)
1.53B
Research Analysis: CCI
Analyst Price Targets
Fair Value
Analyst Recommendations
Earnings
Research Reports: CCI
Analyst Report: Crown Castle Inc.
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 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 U.S. cities. The company has a very concentrated customer base, with about 75% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.
RatingBullishPrice TargetThe Argus High-Yield Model Portfolio
Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. But the tide turned in 2022. The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters, and value stocks outpaced growth stocks that year. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income.
Daily Spotlight: Seeking High Yield
Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. Since 2010, the Russell 1000 Growth Index has climbed more than 575%, compared to an advance of almost 200% for the Russell 1000 Value Index. In 10 of the past 13 years, growth stocks have topped value stocks. That hasn't always been the case. In the 2000-2010 decade, including the Great Recession, value stocks were better performers than growth stocks, advancing an admittedly low 8%, but still better than growth, which declined 15% during the decade. Value investors trace their roots to the famous "Security Analysis" textbook, written by Ben Graham, an economics professor at Columbia University. Warren Buffett was one of his students. Why the recent deviation in performance? Several reasons, including changes in the make-up of the economy, growth in intangible assets, and the current low level of interest rates. But the tide turned back in 2022. The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could cap multiple expansion for growth companies in coming quarters. Regardless, the value sector is the place to achieve income. Our High-Yield theme model portfolio is designed to take advantage of these conditions.
Weekly Stock List
Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for more than a decade, the performance record favored growth. Since 2010, the Russell 1000 Growth Index has climbed more than 575%, compared to an advance of almost 200% for the Russell 1000 Value Index. In 10 of the past 13 years, growth stocks have topped value stocks. That hasn't always been the case. In the 2000-2010 decade, including the Great Recession, value stocks were better performers than growth stocks, advancing an admittedly low 8% (but still better than growth, which declined 15% during the decade). Value investors trace their roots to the famous "Security Analysis" textbook, written by Ben Graham, an economics professor at Columbia University. Warren Buffett was one of his students. Why the recent deviation in performance? Several reasons, including changes in the make-up of the economy, growth in intangible assets, and the current level of interest rates. But the tide turned back in 2022, at least for a while, as the rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent years. While growth stocks have recaptured the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income. The current yield on the iShares Russell 1000 Value Index ETF is 2.0%, compared to the 0.7% current yield on the iShares Russell 1000 Growth Index ETF. For our list this week, we have screened our coverage universe for stocks that are BUY-rated by Argus Research analysts, have an Argus Financial Strength Rating of at least Medium, and have a yield of 3.0% or higher. Here's a baker's dozen that meet the criteria. These stocks are also featured in our High-Yield theme model portfolio.