Latest news with #CrownCastleInc
Yahoo
a day ago
- Business
- Yahoo
Crown Castle Stock Outlook: Is Wall Street Bullish or Bearish?
Houston, Texas-based Crown Castle Inc. (CCI) is a real estate investment trust (REIT) that owns, operates, and leases communications infrastructure, including cell towers, small cells, and fiber networks. Valued at a market cap of $45.8 billion, the company supports wireless carriers and broadband providers by enabling mobile data, 5G deployment, and high-speed connectivity. This specialty REIT has underperformed the broader market over the past 52 weeks. CCI has declined 6.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.1%. Nonetheless, on a YTD basis, the stock is up 16%, outpacing SPX's 7.9% return. More News from Barchart Supermicro's Earnings Selloff Explained: Should You Buy SMCI Stock Now? Amazon's $36M Bet on Quantum Computing: What Investors Need to Know AMD Stock Slips After Q2 Earnings, But Here's Why It's a Buying Opportunity Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Narrowing the focus, CCI has also lagged behind the Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF's (SRVR) 9% uptick over the past 52 weeks. On the other hand, it has outperformed the ETF's 5.1% YTD rise. On Jul. 23, CCI delivered better-than-expected Q2 results, and its shares surged 3.8% in the following trading session. Due to a decline in site rental revenues, the company's top-line dropped 4.2% year-over-year to $1.1 billion. However, the revenue figure surpassed the consensus estimates by 1.9%. Additionally, its adjusted EBITDA fell 3% from the year-ago quarter to $705 million, while its AFFO per share of $1.02 decreased 1% from the same period last year. Yet, the AFFO figure also exceeded Wall Street's expectations by 2%. Its Q2 performance was supported by strong operational execution and increased leasing activity from customers, which also led the company to raise its fiscal 2025 guidance. CCI now expects site rental revenues to be $4 billion, and projects AFFO per share to be $4.20 at the midpoint. For the current fiscal year, ending in December, analysts expect CCI's FFO to decline 42.4% year over year to $4.02 per share. The company's earnings surprise history is promising. It topped the consensus estimates in each of the last four quarters. Among the 18 analysts covering the stock, the consensus rating is a "Moderate Buy' which is based on 10 'Strong Buy,' and eight 'Hold' ratings. This configuration is slightly more bullish than a month ago, with nine analysts suggesting a 'Strong Buy' rating. On Jul. 29, Barclays PLC (BCS) analyst Brendan Lynch maintained a "Buy" rating on CCI and set a price target of $121, implying a 14.9% potential upside from the current levels. The mean price target of $118.47 represents a 12.5% premium from CCI's current price levels, while the Street-high price target of $127 suggests an upside potential of 20.6%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
09-07-2025
- Business
- Globe and Mail
Crown Castle Announces Second Quarter 2025 Earnings Conference Call Details
HOUSTON, July 09, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its second quarter 2025 results on Wednesday, July 23, 2025, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Wednesday, July 23, 2025, at 5:30 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at Participants may join the conference call by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes prior to the start time. All dial-in participants should ask to join the Crown Castle call. A replay of the webcast will be available on the Investor page of Crown Castle's website until end of day, Thursday, July 23, 2026. ABOUT CROWN CASTLE 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. For more information on Crown Castle, please visit CONTACTS
Yahoo
24-06-2025
- Business
- Yahoo
Crown Castle (CCI) Plans Restructuring to Focus on Towers and Boost 5G Growth
Crown Castle Inc. (NYSE:CCI) is on our list of the 10 best 5G stocks to invest in according to analysts. On June 4, Crown Castle Inc. (NYSE:CCI) gave a presentation outlining its strategic goals at the Nareit REITweek: 2025 Investor Conference. At the conference, the company stated its goal to become a pure-play US tower company following a planned divestiture of its fiber and small cell businesses. In addition to attempting to take advantage of the rising demand for wireless data, this action entails a substantial financial reorganization that includes debt reduction and share repurchases. Additionally, the company presented a plan that aims to increase its tower business's income by 4.5% by 2025. Moreover, Crown Castle Inc. (NYSE:CCI) will spend $3 billion and $6 billion on share buybacks and debt reduction, respectively, following the divestiture. Crown Castle Inc. (NYSE:CCI) is a major player in the real estate investment trust (REIT) sector, especially when it comes to 5G, with a sizable portfolio that comprises over 40,000 cell towers. While we acknowledge the potential of CCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Was Jim Cramer Right About Crown Castle Inc. (CCI)?
We recently published a list of . In this article, we are going to take a look at where Crown Castle Inc. (NYSE:CCI) stands against other stocks that Jim Cramer discusses. In that older segment, a longtime viewer asked about Crown Castle Inc. (NYSE:CCI), confused as to why the stock had struggled to recover from a steep decline. Cramer didn't mince words about the company's prospects. He said: 'Okay, here's the problem: there's no growth, and the company has been incredibly poorly managed. So I'm going to have to say stay away. I don't want you near that stock.' He said to stay away due to poor management and lack of growth — correct, as the stock is down -3.15%. A close-up of an array of cell towers on a distant hilltop. Crown Castle Inc. (NYSE:CCI) is a real estate investment trust (REIT) that owns and leases communications infrastructure such as cell towers and small cell networks across the United States. Overall, CCI ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of CCI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Crown Castle to Present at Nareit's REITweek: 2025 Investor Conference
HOUSTON, May 21, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle's Interim President and Chief Executive Officer, and Sunit Patel, Crown Castle's Executive Vice President and Chief Financial Officer, are scheduled to present on Wednesday, June 4, 2025 at 2:45 p.m. Eastern Time at Nareit's REITweek: 2025 Investor Conference. The presentation will be broadcast live over the Internet and is expected to last approximately 30 minutes. The live audio webcast link and presentation for the conference will be available on Crown Castle's website at where it will also be archived for replay for 30 days. ABOUT CROWN CASTLE 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. For more information on Crown Castle, please visit CONTACTSSunit Patel, CFOKris Hinson, VP & TreasurerCrown Castle Inc.713-570-3050
