- REIT - Specialty
- Real Estate
-
2.74
EPS
-
40.32
P/E
-
47.9B
MARKET CAP
-
5.68%
DIV YIELD
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
News
The 5 Highest-Yielding S&P 500 Stocks Are the Perfect Recession Safety Net
1 month24/7 Wall St. Insights While it may come later this year or in 2025, recession odds are going higher on Wall Street.
247wallst.comThe Return Of Volatility
1 monthIn 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.comCrown Castle Declares Quarterly Common Stock Dividend
1 monthHOUSTON, 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.comWhy 6%-Yielding Crown Castle Is A Top REIT Pick
1 monthWhy 6%-Yielding Crown Castle Is A Top REIT Pick
seekingalpha.com4 REITs With Fastest Dividend Growth
1 monthREITs 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.com7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
2 monthsFrom 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.comCrown Castle Announces Pricing of Senior Notes Offering
2 monthsHOUSTON, 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.comThe Top 3 REITs to Buy Now: Summer 2024
2 monthsThe 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.comCrown Castle Announces Proposed Offering of Senior Notes
2 monthsHOUSTON, 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.comIf I Had To Retire Today With 12 REITs
2 monthsREITs 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.comPINE vs. CCI: Which Stock Is the Better Value Option?
2 monthsInvestors 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.comBlockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator - Advanced Series
2 monthsVANCOUVER, 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