Shares of Crown Castle International Corp. (NYSE:CCI) gapped up before the market opened on Friday . The stock had previously closed at $94.43, but opened at $94.75. Crown Castle International Corp. shares last traded at $95.81, with a volume of 1,151,804 shares.

Several analysts recently commented on CCI shares. Jefferies Group reaffirmed a “buy” rating on shares of Crown Castle International Corp. in a report on Monday, August 22nd. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Crown Castle International Corp. in a report on Tuesday, June 7th. Deutsche Bank AG reaffirmed a “buy” rating and set a $99.00 target price on shares of Crown Castle International Corp. in a report on Tuesday, May 31st. Zacks Investment Research lowered Crown Castle International Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 28th. Finally, Citigroup Inc. lowered Crown Castle International Corp. from a “buy” rating to a “neutral” rating and raised their target price for the stock from $94.00 to $109.00 in a report on Monday, July 11th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $102.07.

The company has a 50-day moving average price of $96.10 and a 200 day moving average price of $91.68. The company has a market cap of $32.43 billion and a PE ratio of 96.74.

Crown Castle International Corp. (NYSE:CCI) last posted its quarterly earnings data on Thursday, July 21st. The real estate investment trust reported $1.16 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.16. The company had revenue of $962.40 million for the quarter, compared to analysts’ expectations of $948.85 million. Analysts forecast that Crown Castle International Corp. will post $4.68 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 16th will be paid a dividend of $0.885 per share. This represents a $3.54 annualized dividend and a yield of 3.69%. The ex-dividend date is Wednesday, September 14th.

A hedge fund recently raised its stake in Crown Castle International Corp. stock. Schwab Charles Investment Management Inc. increased its stake in shares of Crown Castle International Corp. (NYSE:CCI) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 858,062 shares of the real estate investment trust’s stock after buying an additional 24,291 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.26% of Crown Castle International Corp. worth $74,180,000 at the end of the most recent quarter.

Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests).

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