Crown Castle Inc. (CCI)
| Market Cap | 44.11B |
| Revenue (ttm) | 6.85B |
| Net Income (ttm) | 1.39B |
| Shares Out | 434.52M |
| EPS (ttm) | 3.20 |
| PE Ratio | 31.54 |
| Forward PE | 35.76 |
| Dividend | $6.26 (6.18%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 282,357 |
| Open | 102.30 |
| Previous Close | 102.89 |
| Day's Range | 100.88 - 102.60 |
| 52-Week Range | 84.72 - 119.50 |
| Beta | 0.77 |
| Analysts | Hold |
| Price Target | 111.60 (+10.12%) |
| Earnings Date | Apr 17, 2024 |
About CCI
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. [Read more]
Financial Performance
In 2023, Crown Castle's revenue was $6.98 billion, a decrease of -0.07% compared to the previous year's $6.99 billion. Earnings were $1.50 billion, a decrease of -10.33%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for CCI stock is "Hold." The 12-month stock price forecast is $111.6, which is an increase of 10.12% from the latest price.
News
Leading Proxy Advisory Firms Recommend Shareholders Vote “FOR” All of Crown Castle's Director Nominees
Egan-Jones joins ISS in Recommending Shareholders Vote “FOR” ONLY Crown Castle's 12 Highly Qualified Nominees on the WHITE Proxy Card or Voting Instruction Form
TED B. MILLER SENDS OPEN LETTER TO CROWN CASTLE SHAREHOLDERS
Crown Castle's Board Has Presided Over a Decade of Underperformance and Lacks the Expertise to Turn the Company Around Boots Capital's Nominees Bring the Critical Tower Industry Experience and Detaile...
TIME IS RUNNING OUT! VOTE TODAY FOR CRITICAL CHANGE AT CROWN CASTLE: BOOTS CAPITAL'S NOMINEES HAVE WORLD-CLASS SKILLS TO CREATE MEANINGFUL VALUE FOR SHAREHOLDERS AFTER A LOST DECADE OF UNDERPERFORMANCE
Boots is Committed to Working Collaboratively with Board and New CEO Crown Castle Board Has Presided Over the Misallocation of $22 Billion of Shareholder Capital; Total Shareholder Return Has Suffered...
Glass Lewis backs two dissident candidates in board fight with Crown Castle
Proxy advisory firm Glass Lewis on Tuesday recommended Crown Castle investors elect two activist director candidates, including the wireless tower owner's co-founder and former chief executive officer...
LEADING PROXY ADVISORY FIRM GLASS LEWIS RECOMMENDS CROWN CASTLE SHAREHOLDERS VOTE "FOR" BOOTS CAPITAL NOMINEES TED B. MILLER AND CHARLES C.
Glass Lewis Concludes Boots Capital Presents a "Compelling Case" for Change Recommends Shareholders Elect Ted. B. Miller and Charles C.
Leading Independent Proxy Advisory Firm ISS Recommends Shareholders Vote “FOR” All of Crown Castle's Director Nominees
Crown Castle Urges Shareholders to Vote “FOR” ONLY Crown Castle's 12 Highly Qualified Nominees on the WHITE Proxy Card or Voting Instruction Form Today Crown Castle Urges Shareholders to Vote “FOR” ON...
Boots Capital Sends Letter to Shareholders Highlighting Crown Castle Board's Failures to Deliver Promised Changes While Presiding Over a Decade of Underperformance
Boots Capital's Highly Qualified Nominees Have the Tower Industry Experience and Operational Skillset Required to Correct the Board's Missteps and Restore Shareholder Value Reaffirms Boots Capital's P...
Crown Castle's Highly Qualified Board of Directors is Driving Strategic Actions to Enhance Value
Refreshed Board Has Deep Expertise in Telecom, Towers and Fiber Industries as well as C-Suite and Investment Professional Experience
BOOTS CAPITAL ENCOURAGES SHAREHOLDERS TO IGNORE CROWN CASTLE'S DISTRACTING MISREPRESENTATIONS AND JUDGE DIRECTOR CANDIDATES ON THE MERITS
Boots Capital Has Unequivocally Stated It is Not Seeking Control and is Committed to Working Collaboratively with Crown Castle's Board and New CEO, Contrary to Falsehoods Intended to Mislead Sharehold...
Crown Castle Files Investor Presentation Highlighting Clear Strategic Plan and Refreshed, Experienced Board to Drive Shareholder Value Creation
The Company's Board, alongside newly appointed CEO Steven Moskowitz, is taking action to improve performance, unlock value within the fiber and small cell business, and create a stronger and more valu...
Board Change at Crown Castle is Needed Urgently: Boots Capital Releases Investor Presentation
Details Crown Castle Board's Track Record of Poor Judgement, Resulting in Years of TSR and Stock Price Underperformance, Debt-Fueled Dividend, Mishandled CEO Succession, Loss of Talent, and Operationa...
Crown Castle Highlights Actions its Board Has Implemented to Successfully Strengthen Foundation and Position Company for Long-Term Value Creation
Urges Shareholders to Vote “FOR” ONLY Crown Castle's 12 Qualified and Experienced Director Nominees on the WHITE Proxy Card
BOOTS CAPITAL HIGHLIGHTS CROWN CASTLE'S SIGNIFICANT DESTRUCTION OF SHAREHOLDER VALUE AND FAILED OPERATIONAL STRATEGY DUE TO INEFFECTIVE LEADERSHIP
Urges Shareholders to Vote the GOLD Proxy Card "FOR" Boots Capital's Four Highly Qualified Director Nominees – Ted Miller, Charles Green, David Wheeler, and Tripp Rice – and "WITHHOLD" on ALL Crown Ca...
Crown Castle Issues Statement Regarding Ted Miller's Latest Attempt to Disrupt the Company's Momentum
HOUSTON, April 19, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today issued the following statement:
Crown Castle beats site rental revenue estimates on steady demand
Wireless tower operator Crown Castle beat Wall Street estimates for first-quarter site rental revenue on Wednesday, helped by steady demand for its wireless infrastructure services.
Crown Castle Reports First Quarter 2024 Results and Maintains Outlook for Full Year 2024
HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the first quarter ended March 31, 2024 and maintained its full year 2024 outlook, ...
Delaware Court of Chancery Grants Expedition and Discovery in Hearing on Company's Last-Minute Expansion of Board
This is the Second Time the Board's Actions Have Presented a "Colorable Claim" Under Delaware Law Crown Castle's Board of Directors Have Shown Blatant and Cynical Disregard for Shareholders and the De...
Ted B. Miller Statement on Crown Castle Appointment of Steven J. Moskowitz as President and Chief Executive Officer
HOUSTON , April 11, 2024 /PRNewswire/ -- Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., (NYSE: CCI) ("Crown Castle" or the "Company") and his i...
Crown Castle Highlights Actions Underway to Create Stronger and More Valuable Company
Files Definitive Proxy Materials and Mails Letter to Shareholders Urges Shareholders to Vote “FOR” Only Crown Castle's 13 Qualified and Experienced Nominees on the WHITE Proxy Card Ted Miller is Seeki...
Crown Castle names Steven Moskowitz as CEO
Wireless tower operator Crown Castle has named Steven Moskowitz as its chief executive, effective April 11.
Crown Castle Appoints Tower Industry Veteran Steven J. Moskowitz as President and Chief Executive Officer
Moskowitz Brings 25+ Years of Tower Industry Experience and Proven Track Record of Value Creation Moskowitz Brings 25+ Years of Tower Industry Experience and Proven Track Record of Value Creation
Crown Castle Announces First Quarter 2024 Earnings Conference Call Details
HOUSTON, April 03, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its first quarter 2024 results on Wednesday, April 17, 2024, after the market closes. In con...
RESTORE VALUE NOW: CROWN CASTLE CO-FOUNDER TED B. MILLER FILES PRELIMINARY PROXY MATERIALS
Crown Castle's Failed Strategy Under Current Leadership Has Destroyed Shareholder Value, Eroded Governance and Trust, and Weakened Employee Morale As a Result, Crown Castle's Stock Price Recently Hit ...
Crown Castle Issues Open Letter to Shareholders
Files Preliminary Proxy Statement; Recommends Shareholders Vote FOR Crown Castle's Director Nominees Addresses Statements by Ted Miller HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (N...
Crown Castle Deserves Better: An Open Letter to Shareholders from Crown Castle Co-Founder Ted B. Miller
Provides Detailed Operating Plan to Restore Operational Excellence, Bolster Leadership with Experienced Tower Professionals, Maximize Value of the Company's Fiber Business to Position Crown Castle as ...