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

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

Crown Castle Trading Up 2.0%

Shares of CCI opened at $77.73 on Thursday. The stock’s 50-day moving average price is $84.87 and its two-hundred day moving average price is $85.91. Crown Castle has a 12 month low of $73.75 and a 12 month high of $115.76. The company has a market capitalization of $33.93 billion, a PE ratio of 32.12, a PEG ratio of 0.39 and a beta of 0.95.

Crown Castle (NYSE:CCIGet Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.55. Crown Castle had a negative return on equity of 64.64% and a net margin of 25.13%.The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $995.41 million. During the same period last year, the company earned $1.10 earnings per share. The firm’s revenue was down 4.9% compared to the same quarter last year. Equities research analysts predict that Crown Castle will post 4.22 EPS for the current fiscal year.

Crown Castle Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages recently commented on CCI. Barclays boosted their target price on Crown Castle from $91.00 to $92.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Raymond James Financial raised their price objective on Crown Castle from $102.00 to $108.00 and gave the company a “strong-buy” rating in a research note on Thursday, April 23rd. Wolfe Research downgraded Crown Castle from an “outperform” rating to a “peer perform” rating in a report on Wednesday, May 20th. Scotiabank lowered their target price on Crown Castle from $94.00 to $91.00 and set a “sector perform” rating on the stock in a research report on Tuesday, April 7th. Finally, Jefferies Financial Group increased their target price on Crown Castle from $84.00 to $89.00 and gave the stock a “hold” rating in a report on Tuesday, April 14th. 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. According to MarketBeat.com, Crown Castle has an average rating of “Moderate Buy” and an average target price of $98.52.

Get Our Latest Stock Report on CCI

Key Crown Castle News

Here are the key news stories impacting Crown Castle this week:

Institutional Trading of Crown Castle

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

About Crown Castle

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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.

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

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