Ultime notizie per Crown Castle (NYSE:CCI) Azioni

Crown Castle

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.

Crown Castle Intl

Crown Castle Inc

Carlyle Credit Income Fund 8.75% Series A Preferred Shares due 2028

Carlyle Credit Income Fund

Carlyle Credit Income Fund Shares of Beneficial Interest

Cohen Circle Acquisition Corp I

Churchill Capital Corp IX - Ordinary Shares

Churchill Capital Corp IX

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) has outperformed the market over the past 20 years by 1.26% on an annualized basis producing an average annual return of 9.59%. Currently, Crown Castle has a market capitalization of $44.95 billion. 
Buying $1000 In CCI: If an investor had bought $1000 of CCI stock 20 years ago, it would be worth $6,268.48 today based on a price of $103.43 for CCI at the time of writing.
<h3>Crown Castle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731699182_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

Here's How Much You Would Have Made Owning Crown Castle Stock In The Last 20 Years

Barclays analyst Tim Long maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Equal-Weight and raises the price target from $116 to $117.

Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on Crown Castle, Raises Price Target to $117

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) has outperformed the market over the past 20 years by 1.74% on an annualized basis producing an average annual return of 10.08%. Currently, Crown Castle has a market capitalization of $46.48 billion. 
Buying $100 In CCI: If an investor had bought $100 of CCI stock 20 years ago, it would be worth $682.09 today based on a price of $106.95 for CCI at the time of writing.
<h3>Crown Castle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730309427_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Crown Castle 20 Years Ago Would Be Worth Today

Crown Castle's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) short percent of float has fallen 9.62% since its last report. The company recently reported that it has 5.32 million shares sold short, which is 1.41% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.14 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Crown Castle Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730224812_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Crown Castle has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Crown Castle's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Crown Castle's peer group average for short interest as a percentage of float is 4.45%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Crown Castle?

RBC Capital analyst Jonathan Atkin maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Sector Perform and raises the price target from $104 to $109.

RBC Capital Maintains Sector Perform on Crown Castle, Raises Price Target to $109

Wells Fargo analyst Eric Luebchow maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Equal-Weight and raises the price target from $100 to $105.

Wells Fargo Maintains Equal-Weight on Crown Castle, Raises Price Target to $105

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) has outperformed the market over the past 20 years by 1.82% on an annualized basis producing an average annual return of 10.45%. Currently, Crown Castle has a market capitalization of $48.83 billion. 
Buying $100 In CCI: If an investor had bought $100 of CCI stock 20 years ago, it would be worth $749.13 today based on a price of $112.37 for CCI at the time of writing.
<h3>Crown Castle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729267239_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 20 Years Ago Would Be Worth $700 Today

Financial giants have made a conspicuous bearish move on Crown Castle. Our analysis of options history for Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) revealed 9 unusual trades.
Delving into the details, we found 22% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $544,011, and 2 were calls, valued at $519,180.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $90.0 to $115.0 for Crown Castle during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Crown Castle's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Crown Castle's whale trades within a strike price range from $90.0 to $115.0 in the last 30 days. 
<h3>Crown Castle Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729191654_0_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$25.2</td>
<td>$22.9</td>
<td>$24.7</td>
<td>$90.00</td>
<td>$479.1K</td>
<td>311</td>
<td>200</td>
</tr>
<tr>
<td>CCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$3.8</td>
<td>$3.2</td>
<td>$2.8</td>
<td>$115.00</td>
<td>$252.0K</td>
<td>2.9K</td>
<td>1.3K</td>
</tr>
<tr>
<td>CCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$5.8</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$115.00</td>
<td>$77.7K</td>
<td>2.9K</td>
<td>3</td>
</tr>
<tr>
<td>CCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$3.5</td>
<td>$3.4</td>
<td>$3.5</td>
<td>$115.00</td>
<td>$58.1K</td>
<td>2.9K</td>
<td>705</td>
</tr>
<tr>
<td>CCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.0</td>
<td>$3.8</td>
<td>$4.0</td>
<td>$115.00</td>
<td>$49.6K</td>
<td>2.9K</td>
<td>376</td>
</tr>
</tbody>
</table>

<h3>About Crown Castle</h3>
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.
After a thorough review of the options trading surrounding Crown Castle, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Crown Castle Standing Right Now?</h3>
<ul>
<li>With a volume of 2,055,009, the price of CCI is down -3.01% at $112.2. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 97 days.</li>
</ul>
<h3>What The Experts Say On Crown Castle</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $122.4.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Goldman Sachs has decided to maintain their Neutral rating on Crown Castle, which currently sits at a price target of $120. 
&#x2A; Maintaining their stance, an analyst from TD Cowen continues to hold a Buy rating for Crown Castle, targeting a price of $123. 
&#x2A; An analyst from JP Morgan persists with their Neutral rating on Crown Castle, maintaining a target price of $124. 
&#x2A; An analyst from Jefferies persists with their Buy rating on Crown Castle, maintaining a target price of $127. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on Crown Castle with a target price of $118. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Crown Castle, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Crown Castle Unusual Options Activity

UBS analyst Batya Levi maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Neutral and raises the price target from $103 to $118.

UBS Maintains Neutral on Crown Castle, Raises Price Target to $118

WIIM

Crown Castle shares are trading lower. The company reported Q3 financial results.

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Crown Castle, presenting an average target of $116.75, a high estimate of $127.00, and a low estimate of $104.00. This upward trend is evident, with the current average reflecting a 4.35% increase from the previous average price target of $111.88.
<img src="https://www.benzinga.com/files/images/story/2024/1729173628_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Crown Castle. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jonathan Petersen</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$127.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$123.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Tim Long</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$116.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Brett Feldman</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Richard Choe</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$124.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>David Barden</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$115.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Jonathan Atkin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$104.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Matthew Niknam</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$105.00</td>
<td>$103.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Crown Castle. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Crown Castle compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Crown Castle's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Crown Castle's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CCI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Crown Castle analyst ratings.</a>
<h2>Unveiling the Story Behind Crown Castle</h2>
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.
<h3>Unraveling the Financial Story of Crown Castle</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Negative Revenue Trend: Examining Crown Castle's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -12.91% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 15.44%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Crown Castle's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.29%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Crown Castle's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.66%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a high debt-to-equity ratio of 5.2, Crown Castle faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Crown Castle Analyst Ratings

Jefferies analyst Jonathan Petersen maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Buy and raises the price target from $123 to $127.

Jefferies Maintains Buy on Crown Castle, Raises Price Target to $127

TD Cowen analyst Gregory Williams maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Buy and lowers the price target from $127 to $123.

TD Cowen Maintains Buy on Crown Castle, Lowers Price Target to $123

The company maintained its full year 2024&nbsp;Outlook&nbsp;with the exception of a reduction to net income.

Guidance

Crown Castle Maintains FY24 AFFO Per Share Forecast Of $6.91 - $7.02, Est $6.97

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) reported quarterly AFFO of $1.84 per share which beat the analyst consensus estimate of $1.78 by 3.37 percent. This is a 3.95 percent increase over AFFO of $1.77 per share from the same period last year. The company reported quarterly sales of $1.65 billion which beat the analyst consensus estimate of $1.63 billion by 1.27 percent. This is a 0.90 percent decrease over sales of $1.67 billion the same period last year.

Earnings

Earnings Beats

Crown Castle Q3 2024 AFFO $1.84 Beats $1.78 Estimate, Sales $1.65B Beat $1.63B Estimate

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-16. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Crown Castle will report an earnings per share (EPS) of $1.80.
Crown Castle bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Performance in Previous Earnings</h3>
The company's EPS missed by $0.03 in the last quarter, leading to a 0.56% drop in the share price on the following day.
Here's a look at Crown Castle's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.65</td>
<td>1.71</td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.62</td>
<td>1.72</td>
<td>1.82</td>
<td>1.77</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.0%</td>
<td>1.0%</td>
<td>5.0%</td>
<td>-6.0%</td>
</tr>
</tbody>
</table>

<h3>Stock Performance</h3>
Shares of Crown Castle were trading at $112.03 as of October 14. Over the last 52-week period, shares are up 26.03%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analysts' Take on Crown Castle</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Crown Castle.
Analysts have provided Crown Castle with 9 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $114.33, suggesting a potential 2.05% upside.
<h3>Comparing Ratings Among Industry Peers</h3>
The below comparison of the analyst ratings and average 1-year price targets of Digital Realty Trust, Extra Space Storage and VICI Props, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>Digital Realty Trust received a Neutral consensus from analysts, with an average 1-year price target of $151.86, implying a potential 35.55% upside.</li>
<li>Extra Space Storage received a Neutral consensus from analysts, with an average 1-year price target of $173.46, implying a potential 54.83% upside.</li>
<li>For VICI Props, analysts project an Outperform trajectory, with an average 1-year price target of $36.33, indicating a potential 67.57% downside.</li>
</ul>
<h3>Peer Metrics Summary</h3>
The peer analysis summary offers a detailed examination of key metrics for Digital Realty Trust, Extra Space Storage and VICI Props, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Crown Castle</td>
<td>Neutral</td>
<td>-12.91%</td>
<td>$1.17B</td>
<td>4.29%</td>
</tr>
<tr>
<td>Digital Realty Trust</td>
<td>Neutral</td>
<td>-0.70%</td>
<td>$749.47M</td>
<td>0.37%</td>
</tr>
<tr>
<td>Extra Space Storage</td>
<td>Neutral</td>
<td>58.52%</td>
<td>$594.13M</td>
<td>1.30%</td>
</tr>
<tr>
<td>VICI Props</td>
<td>Outperform</td>
<td>6.55%</td>
<td>$950.19M</td>
<td>2.90%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Crown Castle ranks at the bottom for Revenue Growth and Gross Profit, while it is in the middle for Return on Equity.
<h3>Unveiling the Story Behind Crown Castle</h3>
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.
<h3>Crown Castle's Financial Performance</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Decline in Revenue: Over the 3 months period, Crown Castle faced challenges, resulting in a decline of approximately -12.91% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Crown Castle's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 15.44%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Crown Castle's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.29%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Crown Castle's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.66%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Crown Castle's debt-to-equity ratio is notably higher than the industry average. With a ratio of 5.2, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<a href="https://www.benzinga.com/quote/CCI/earnings">To track all earnings releases for Crown Castle visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What's Next: Crown Castle's Earnings Preview

Barclays analyst Tim Long maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Equal-Weight and raises the price target from $112 to $116.

Barclays Maintains Equal-Weight on Crown Castle, Raises Price Target to $116

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said VICI Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VICI#NYSE">VICI</a>) <a href="https://www.benzinga.com/quote/VICI/earnings">is &#8220;fine.&#8221;</a>
VICI Properties will release its third quarter financial results on Thursday, Oct. 31, after the close of trading on the NYSE.
Cramer said although STMicroelectronics N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) is fine, but he prefers Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>).
STMicroelectronics said it will release third-quarter earnings before the opening bell on the European Stock Exchanges on Oct. 31.
Cramer said Tetra Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) is &#8220;remarkable.&#8221;
The company recently revealed that the U.S. Army Corps of Engineers (USACE), Omaha District, awarded $249 million, multiple-award contract to provide environmental assessment and design services at facilities and <a href="https://www.benzinga.com/markets/equities/24/10/41171071/tetra-tech-lands-249m-army-corps-contract-powering-eco-friendly-projects-across-us">sites throughout the United States.</a>
Crown Castle Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is &#8220;just ok. It's not that well-run,&#8221; Cramer said. &#8220;I would not chase the stock.&#8221;
On Sept. 26, Goldman Sachs analyst Brett Feldman maintained Crown Castle with a Neutral and raised the price target from $105 to $120.
The &#8220;Mad Money&#8221; host recommended buying Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) stock right here, adding that it is the &#8220;best of breed.&#8221;
On Oct. 1, SLB announced the joining of forces with ADNOC Drilling and Patterson-UTI to accelerate the UAE&#8217;s unconventional oil program.
&#8220;I am shocked at how low that is,&#8221; Cramer said when asked about New Fortress Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NYSE">NFE</a>). &#8220;I think that you have to stick with it.&#8221;
Last week, New Fortress Energy announced its CEO made a $50 million stock purchase.
Cramer recommended holding on to Pure Storage, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>).
On Aug. 28, Pure Storage reported quarterly earnings of 44 cents per share, which beat the analyst consensus estimate of 37 cents per share.
Price Action:
<ul>
<li>VICI Properties shares settled at $32.42 on Monday.</li>
<li>Pure Storage shares gained 0.2% to close at $51.32.</li>
<li>STMicroelectronics shares fell 0.9% to close at $28.18 during the session.</li>
<li>Crown Castle shares slipped 0.3% to close at $111.20 during Monday's session.</li>
<li>SLB shares gained 0.3% to close at $45.59 on Monday.</li>
<li>Tetra tech shares fell 0.7% to close at $48.01.</li>
<li>New Fortress Energy shares fell 6.9% to settle at $9.39 on Monday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/10/41213879/top-3-financials-stocks-that-may-jump-this-quarter">Top 3 Financials Stocks That May Jump This Quarter</a></li>
</ul>

Long Ideas

Media

PSTG

TTEK

VICI

Jim Cramer: VICI Properties Is 'Fine', Recommends Buying This Energy Stock

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) has outperformed the market over the past 20 years by 2.1% on an annualized basis producing an average annual return of 10.52%. Currently, Crown Castle has a market capitalization of $51.07 billion. 
Buying $1000 In CCI: If an investor had bought $1000 of CCI stock 20 years ago, it would be worth $7,489.89 today based on a price of $117.52 for CCI at the time of writing.
<h3>Crown Castle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727883106_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,500 Today

Zayo Group And TPG Are Bidding For Crown Castle's Fiber And Wireless Assets That Could Be Worth Nearly $10B

Crown Castle declares $1.565 dividend

As 5G revolutionizes industries, investors can look to invest in communication-focused REITs such as American Tower Corp. (AMT), Crown Castle (CCI), and SBA Communications (SBAC) that seem to thrive and generate significant long-term returns. Read on… As 5G technology reshapes industries, <a href="https://www.investopedia.com/terms/r/reit.asp">Real Estate Investment Trusts (REITs)</a> with stakes in communication infrastructure are positioned to benefit from this high-tech wave. Below, I have highlighted three fundamentally strong REITs: American Tower Corporation (<a href="https://stocknews.com/stock/AMT/">AMT</a>), Crown Castle Inc. (<a href="https://stocknews.com/stock/CCI/">CCI</a>), and SBA Communications Corporation (<a href="https://stocknews.com/stock/SBAC/">SBAC</a>), which are poised for growth as the 5G rollout gains momentum.
You've probably heard of 5G by now. It's the latest or, let's say, ‘fifth' generation of cellular wireless technology that promises speeds up to 100 times faster than 4G, enabling nearly instant internet connections. Beyond our smartphones, 5G unlocks the potential for innovations like self-driving cars, advanced robotics, AI-driven applications, and even entire smart cities.
However, to support this next-generation technology, an extensive infrastructure overhaul is necessary, meaning new and upgraded cell towers and support structures are in high demand. According to Fortune Business Insights, the global 5G infrastructure market is projected to reach <a href="https://www.fortunebusinessinsights.com/industry-reports/5g-infrastructure-market-100869">$590.18 billion by 2032</a>, exhibiting a CAGR of 42.7% from 2024 to 2032.
This increased need for towers translates to growing opportunities for REITs specializing in communication infrastructure. Moreover, REITs offer a unique advantage for investors, as they're required to distribute at least 90% of their income as dividends, making them a reliable source of returns even in uncertain economic times.
Furthermore, Technavio projects that the global REIT market will increase by $350.20 billion between 2023 and 2028. The market's growth momentum is estimated to accelerate at a <a href="https://www.technavio.com/report/reit-market-analysis">CAGR of 2.9%</a> in the same period.
With these factors in mind, let's examine the fundamentals of <a href="https://stocknews.com/category/reits-diversified/">REITs - Diversified</a> stocks, starting with the #3 on our list.
Stock #3: Crown Castle Inc. (<a href="https://stocknews.com/stock/CCI/">CCI</a>)
CCI is a REIT that 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 the U.S. market. Its business provides access, including space or capacity, to its shared communications infrastructure via long-term contracts in various forms, including lease, license, sublease, and service agreements.
On September 30, the company paid its shareholders a quarterly dividend of $1.57 per common share. With nine years of consecutive dividend growth, CCI pays an annual dividend of $6.26, which translates to a yield of 5.62% at the current price level. Moreover, its dividend payouts have grown at CAGRs of 5.6% and 6.8% over the past three and five years, respectively.
CCI's site rental revenues increased marginally year-over-year for the third quarter that ended September 30, 2024, to $1.59 billion. Its operating income grew 11.9% from the year-ago value to $544 million, while its net income stood at $303 million, up 14.3% year-over-year. The company's adjusted EBITDA grew 2.7% from the prior year period to $1.08 billion. Also, its adjusted FFO and AFFO per share came in at $801 million and 1.84, representing an increase of 4.4% and 3.9% year-over-year.
Analysts expect CCI's FFO and revenue for the current year ending December 31, 2024, to reach $6.61 and $6.56 billion, respectively. For the fiscal year 2025, its EPS is forecasted to increase by 1.8% year-over-year to $6.73, while its revenue is estimated to be $6.46 billion.
Over the past year, the REIT has gained 23.6%, closing the last trading session at $108.91.
CCI's stance is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has a B grade for Momentum and Quality. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #16 out of 44 stocks in the <a href="https://stocknews.com/category/reits-diversified/">REITs - Diversified</a> industry. <a href="https://stocknews.com/stock/CCI/">Click here</a> to see the other CCI ratings for Growth, Value, Stability, and Sentiment.
Stock #2: SBA Communications Corporation (<a href="https://stocknews.com/stock/SBAC/">SBAC</a>)
SBAC is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells. It has a portfolio of more than 39,000 communications sites in 15 markets throughout the Americas, Africa, and the Philippines.
On September 18, buoyed by its strong financial performance, SBAC paid its shareholders a quarterly dividend of $0.98 per share on its Class A Common Stock. The company has raised its dividends for four consecutive years. It pays an annual dividend of $3.92, which translates to a yield of 1.59% at the current price level. Moreover, SBAC's dividend payouts have grown at a CAGR of 19.8% over the past three years, while its four-year average dividend yield is 1.08%.
SBAC's total revenues for the fiscal second quarter that ended June 30, 2024, amounted to $660.48 million, with a 1.2% year-over-year increase in its site leasing revenue. Its operating income stood at $354.47 million, up 46.9% year-over-year, while its net income grew 30.4% from the year-ago value to $159.45 million. Moreover, the company's AFFO and AFFO per share amounted to $354.33 million and $3.29, respectively, increasing 1.5% and 2.8% from the prior year's period.
For the third quarter of fiscal 2024 (ended September 2024), SBAC's FFO is expected to grow by 17.7% year-over-year to $3.20, while its revenue for the same period is estimated to be $670.22 million. Moreover, the consensus revenue and FFO estimates of $2.71 billion and $12.70 for the next fiscal year ending December 2025 reflect a 2% and 2.8% year-over-year growth, respectively.
The stock has gained 22.7% over the past year to close the last trading session at $241.79.
SBAC's strong fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
It also has a B grade for Growth, Momentum, and Quality. Within the same industry, it is ranked #7 out of 44 stocks. <a href="https://stocknews.com/stock/SBAC/">Click here</a> to see the additional ratings for SBAC (Value, Stability, and Sentiment).
Stock #1: American Tower Corporation (<a href="https://stocknews.com/stock/AMT/">AMT</a>)
AMT owns, operates, and develops real estate for multitenant communications. It works primarily on leasing space on multitenant communications to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies, municipalities, and tenants in various industries.
On September 12, AMT declared a quarterly cash distribution of $1.62 per share on its common stock. The distribution is payable on October 25, 2024, to stockholders of record at the close of business on October 9, 2024. This reflects AMT's ongoing commitment to shareholder returns.
AMT has raised its dividends for 11 consecutive years. It pays an annual dividend of $6.48, which translates to a yield of 2.87% at the current share price level. Moreover, the company's dividend payments have grown at CAGRs of 9.3% and 12.7% over the past three and five years, respectively.
AMT's total operating revenues for the fiscal second quarter that ended June 30, 2024, increased 4.6% year-over-year to $2.90 billion. The company's operating income grew 47% from the year-ago quarter to $1.28 billion, while its attributable net income came in at $900.30 million, representing an increase of 89.3% from last year.
In addition, AFFO and AFFO per share attributable to AMT common stockholders stood at $1.31 billion and $2.79, up 13.5% and 13.4% year-over-year, respectively. Furthermore, its adjusted EBITDA rose 8.1% from the prior year's period to $1.89 billion.
Street expects AMT's FFO for the current year (ending December 2024) to increase 7% year-over-year to $10.56, while its revenue is estimated to reach $10.94 billion. Furthermore, AMT topped the consensus FFO estimates in three of the trailing four quarters, which is promising.
Shares of AMT have surged 28.5% over the past six months and 36.5% over the past year to close the last trading session at $222.80.
AMT's POWR Ratings reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
It has a B grade for Growth, Momentum, Stability, Sentiment, and Quality. AMT is ranked #5 out of 44 stocks in the REITs – Diversified industry. <a href="https://stocknews.com/stock/AMT/">Click here</a> to see AMT's rating for Value.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
AMT shares . Year-to-date, AMT has gained 5.76%, versus a 22.97% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/amt-cci-sbac-3-reits-benefiting-from-the-global-5g-rollout/>3 REITs Benefiting From the Global 5G Rollout</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 REITs Benefiting From the Global 5G Rollout

My Portfolio's Biggest Winners And Losers From A Republican Sweep

Real estate stocks advance on rate cut, election results not-so-positive

A Decisive Realignment

Forget The Election: 3 REITs To Buy Today

Crown Castle: Buy The Dip Hand Over Fist

Why REITs Will Pummel Stocks In 2025

REIT Earnings Scorecard

REITs see Q3 FFO decline Y/Y despite higher net operating income, occupancy

ACRE

AGNC

AGNCL

AGNCM

AGNCN

AGNCO

AGNCP

AOMN

AOMR

APLE

BBRE

BEPC

BLDG

BRSP

BSRTF

BXMT

CHCT

CIMN

CIMO

CMTG

COLD

CTRE

CUBE

CWEN

DFAR

ELME

EQIX

FBRT

FREL

GPMT

GQRE

HASI

HAUS

HAUZ

HOMZ

IFGL

IIPR

ILPT

INDS

INVH

IRET

JBGS

JPRE

KBWY

LINE

MFAN

MFAO

MITN

MITP

MITT

MORT

NAIL

NETL

NURE

OPINL

PFFR

PLDGP

PLYM

PPTY

RDOG

REET

REGCO

REGCP

REIT

REXR

RIET

ROIC

ROOF

RSPR

SACC

SACH

SBAC

SCCC

SCCD

SCCE

SCCF

SCCG

SCHD

SCHH

SGOV

SILA

SPRE

SRVR

STAG

STWD

USRT

VIOO

VNORP

VRAI

WELL

XLRE

Press Releases

Crown Castle Announces Pricing of Senior Notes Offering

Dividends

Crown Castle Declares Quarterly Common Stock Dividend

Crown Castle Releases 2023 ESG Report

Crown Castle to Present at the Bank of America 2024 Media, Communications & Entertainment Conference

Crown Castle to Present at Citi's 2024 Global TMT Conference

Crown Castle to Present at the Goldman Sachs 2024 Communacopia & Technology Conference

Crown Castle to Present at the 2024 RBC Capital Markets Global Communications Infrastructure Conference

Comments

Crown Castle

Notizie

Ultime notizie per Crown Castle (NYSE:CCI) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO