Crown Castle (NYSE:CCI – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 4.540-4.660 for the period, compared to the consensus estimate of 4.380.
Analysts Set New Price Targets
CCI has been the topic of a number of analyst reports. Citigroup reiterated a “market outperform” rating on shares of Crown Castle in a research note on Thursday. Citizens Jmp dropped their price target on shares of Crown Castle from $125.00 to $120.00 and set a “market outperform” rating on the stock in a research note on Friday, July 24th. Barclays upped their price objective on shares of Crown Castle from $84.00 to $86.00 and gave the company an “overweight” rating in a research report on Wednesday, September 30th. BMO Capital Markets lowered their target price on Crown Castle to $93.00 and set an “outperform” rating for the company in a research note on Monday, October 19th. Finally, Royal Bank Of Canada dropped their price objective on Crown Castle from $92.00 to $90.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $94.27.
View Our Latest Stock Analysis on CCI
Crown Castle Trading Up 9.2%
CCI opened at $86.08 on Friday. Crown Castle has a twelve month low of $65.32 and a twelve month high of $99.21. The business’s 50 day moving average is $74.45 and its 200-day moving average is $80.58. The stock has a market cap of $36.63 billion, a PE ratio of 45.31, a price-to-earnings-growth ratio of 0.77 and a beta of 0.94.
Crown Castle (NYSE:CCI – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.02). Crown Castle had a net margin of 20.12% and a negative return on equity of 42.11%. The company had revenue of $995.00 million during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the business earned $1.12 earnings per share. The company’s revenue was down 7.2% on a year-over-year basis. As a group, analysts forecast that Crown Castle will post 4.39 EPS for the current year.
Crown Castle Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Tuesday, September 15th. Crown Castle’s payout ratio is presently 223.68%.
Insiders Place Their Bets
In other news, VP Robert Collins sold 1,500 shares of Crown Castle stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $75.89, for a total value of $113,835.00. Following the transaction, the vice president directly owned 5,113 shares of the company’s stock, valued at $388,025.57. This trade represents a 22.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.09% of the company’s stock.
Crown Castle News Roundup
Here are the key news stories impacting Crown Castle this week:
- Positive Sentiment: Potential SpaceX deal is the main catalyst: SpaceX is reportedly discussing access to at least 80,000 cell sites as it develops a nationwide wireless network. Crown Castle is among the tower operators in talks, potentially creating significant incremental leasing demand and improving long-term growth prospects. Crown Castle Stock Jumps 12% On Reports Of Potential SpaceX Tower Deal
- Positive Sentiment: 2026 earnings guidance was raised: Crown Castle now expects full-year EPS of $4.54-$4.66, above the $4.38 analyst consensus. Management also lifted its full-year AFFO and EBITDA outlook, supported partly by lower expenses and interest costs. Crown Castle’s Q3 AFFO Beats Estimates on Lower Expenses
- Positive Sentiment: Funds from operations exceeded expectations: Third-quarter FFO was $1.24 per share versus the $1.20 consensus estimate, helped by lower interest expenses. Barclays and UBS maintained Buy ratings, reinforcing the constructive view among some analysts. Crown Castle Tops Q3 FFO Estimates
- Neutral Sentiment: Strategic focus is shifting toward towers: Crown Castle is pursuing a more concentrated pure-play tower strategy and targeting more than 400 ground-lease buyouts in 2026. The strategy could simplify the business, although execution and capital requirements remain important factors. Crown Castle Q3 2026 Earnings Call Transcript
- Negative Sentiment: Underlying results remain mixed: Revenue declined year over year, while reported EPS missed estimates and leverage was approximately 6.5 times net debt to adjusted EBITDA. Wells Fargo retained a Hold rating, and BMO reduced its price target to $91 from $93, highlighting ongoing valuation and balance-sheet concerns. BMO Capital Adjusts Price Target on Crown Castle
Crown Castle Company Profile
Crown Castle Inc (NYSE: CCI) is a real estate investment trust that owns, operates and leases communications infrastructure in the United States. Its assets support wireless carriers, broadcasters, government agencies and other communications providers by enabling the transmission of voice, data and video services.
The company’s infrastructure has historically included approximately 40,000 cell towers, about 90,000 route miles of fiber and a large portfolio of small-cell installations.
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