• REIT - Specialty
  • Real Estate
Crown Castle Inc. logo
Crown Castle Inc.
CCI · US · NYSE
110.29
USD
-0.44
(0.40%)
Company Overview

8020 KATY FREEWAY,HOUSTON TX 77024,7135703000

CEO

Mr. Steven J. Moskowitz

Employess

4700

Sector

Real Estate

Industry

REIT - Specialty

Website

https://www.crowncastle.com

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 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. For more information on Crown Castle, please visit www.crowncastle.com.

Next Earnings Date

Oct. 16, 2024

Ex Dividends date

Sep. 30, 2024

Dividend Date

Sept. 13, 2024

YTD Performance

-5.39%

Fiscal Year End

12-31

IPO Date

1998-08-18

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 8.73% 5.18% 6.13% -0.07%
EPS 36.87% 22.98% 11.44% -10.59%
Equity -0.82% -11.92% -12.30% -14.34%
Cash -7.27% -17.64% -23.22% -32.69%
Return On Capital (ROIC) 5.16% 5.75% 6.55% 7.02%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 835 819 72 129 100
Long Term Debt 27,600 26,800 26,600 25,000 23,500
LT Finance Leases 6,160 6,480 6,620 6,370 6,040
Shares Outstanding 434 433 432 423 416
Market Cap 50,000 58,700 90,200 67,300 59,100
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
The 5 Highest-Yielding S&P 500 Stocks Are the Perfect Recession Safety Net
1 month

24/7 Wall St. Insights While it may come later this year or in 2025, recession odds are going higher on Wall Street.

247wallst.com
The Return Of Volatility
1 month

In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."

seekingalpha.com
Crown Castle Declares Quarterly Common Stock Dividend
1 month

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend will be payable on September 30, 2024 to common stockholders of record at the close of business on September 13, 2024. Future dividends are subject to the approval of Crown Castle's Board of Directors.

globenewswire.com
Why 6%-Yielding Crown Castle Is A Top REIT Pick
1 month

Why 6%-Yielding Crown Castle Is A Top REIT Pick

seekingalpha.com
4 REITs With Fastest Dividend Growth
1 month

REITs have crashed, but their dividends have kept growing. Some of them are growing their dividends at a very rapid pace. Here are 4 REITs with >10% annual dividend growth rates.

seekingalpha.com
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
2 months

From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.

seekingalpha.com
Crown Castle Announces Pricing of Senior Notes Offering
2 months

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that it has priced its previously announced public offering of 4.900% Senior Notes due 2029 and 5.200% Senior Notes due 2034 in aggregate principal amounts of $550 million and $700 million, respectively. The Senior Notes due 2029 will have an interest rate of 4.900% per annum and will be issued at a price equal to 99.736% of their face value to yield 4.959%.   The Senior Notes due 2034 will have an interest rate of 5.200% per annum and will be issued at a price equal to 99.332% of their face value to yield 5.286%.

globenewswire.com
The Top 3 REITs to Buy Now: Summer 2024
2 months

The REITs (Real Estate Investment Trusts) are worth checking out if you're looking to get paid handsome distributions while you wait for the Federal Reserve to finally cut interest rates. Undoubtedly, capital-intensive REITs stand out as big winners as rates fall.

investorplace.com
Crown Castle Announces Proposed Offering of Senior Notes
2 months

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that it is commencing a public offering of one or more series of senior notes, subject to market and other conditions. The notes will be issued by Crown Castle. Crown Castle intends to use the net proceeds from this offering to repay a portion of the outstanding indebtedness under its commercial paper program and pay related fees and expenses.

globenewswire.com
If I Had To Retire Today With 12 REITs
2 months

REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.

seekingalpha.com
PINE vs. CCI: Which Stock Is the Better Value Option?
2 months

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and Crown Castle (CCI). But which of these two stocks presents investors with the better value opportunity right now?

zacks.com
Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator - Advanced Series
2 months

VANCOUVER, British Colombia, July 23, 2024 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG, OTCQX: BBKCF, WKN: A2PS9W) is an established, diverse and innovative company operating globally in the Digital Asset, Blockchain and Metaverse sectors: Netcoins (Netcoins.com), Blockchain Intelligence Group (BlockchainGroup.io), and TerraZero (TerraZero.com). Blockchain Intelligence Group announces the launch of new CCI modules: Module 9 - Hacks & Exploits Module 10 - Compliance & Risk Management (Standalone Certification) Certified Cryptocurrency Investigator - Advanced Series (CCI-A) Blockchain Intelligence Group (BIG), a global leader in cryptocurrency investigations and compliance solutions, announces the launch of two new advanced modules for its acclaimed Certified Cryptocurrency Investigator (CCI) training program.

globenewswire.com