Crown Castle (NYSE:CCI) Releases FY 2026 Earnings Guidance

Crown Castle (NYSE:CCIGet Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.530-4.650 for the period, compared to the consensus EPS estimate of 4.220. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CCI shares. Jefferies Financial Group increased their price target on Crown Castle from $84.00 to $89.00 and gave the stock a “hold” rating in a research note on Tuesday, April 14th. The Goldman Sachs Group assumed coverage on Crown Castle in a report on Friday, June 26th. They issued a “neutral” rating and a $95.00 price target on the stock. Scotiabank dropped their price target on Crown Castle from $94.00 to $91.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 7th. BMO Capital Markets lifted their price objective on shares of Crown Castle from $91.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Finally, Wall Street Zen raised shares of Crown Castle from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $98.52.

View Our Latest Stock Analysis on CCI

Crown Castle Trading Up 2.0%

Shares of NYSE:CCI traded up $1.53 during mid-day trading on Wednesday, reaching $77.73. The stock had a trading volume of 3,919,235 shares, compared to its average volume of 3,642,800. The company has a market cap of $33.93 billion, a P/E ratio of 32.12, a price-to-earnings-growth ratio of 0.40 and a beta of 0.95. Crown Castle has a 1 year low of $73.75 and a 1 year high of $115.76. The business’s 50 day moving average price is $85.10 and its 200 day moving average price is $85.99.

Crown Castle (NYSE:CCIGet Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.16). Crown Castle had a net margin of 25.13% and a negative return on equity of 64.64%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $995.05 million. Crown Castle has set its FY 2026 guidance at 4.530-4.650 EPS. Analysts predict that Crown Castle will post 4.22 earnings per share for the current fiscal year.

Crown Castle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $1.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.5%. Crown Castle’s payout ratio is 175.62%.

Institutional Trading of Crown Castle

Several institutional investors have recently added to or reduced their stakes in CCI. Wiser Advisor Group LLC purchased a new position in Crown Castle during the 3rd quarter valued at $29,000. Triumph Capital Management bought a new stake in shares of Crown Castle in the 3rd quarter valued at about $31,000. Measured Wealth Private Client Group LLC purchased a new stake in Crown Castle during the third quarter worth $46,000. Fulcrum Asset Management LLP purchased a new stake in shares of Crown Castle during the 3rd quarter worth $48,000. Finally, DV Equities LLC bought a new stake in shares of Crown Castle in the 4th quarter valued at about $54,000. Institutional investors own 90.77% of the company’s stock.

About Crown Castle

(Get Free Report)

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.

Recommended Stories

Earnings History and Estimates for Crown Castle (NYSE:CCI)

Receive News & Ratings for Crown Castle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown Castle and related companies with MarketBeat.com's FREE daily email newsletter.