Zacks Research Raises Earnings Estimates for Crown Castle

Crown Castle Inc. (NYSE:CCI) – Zacks Research increased their Q2 2025 earnings per share (EPS) estimates for shares of Crown Castle in a report issued on Tuesday, December 17th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings of $1.59 per share for the quarter, up from their previous estimate of $1.58. The consensus estimate for Crown Castle’s current full-year earnings is $6.66 per share. Zacks Research also issued estimates for Crown Castle’s FY2025 earnings at $6.46 EPS and FY2026 earnings at $6.73 EPS.

Crown Castle (NYSE:CCI) last released its earnings results on Wednesday, October 16th. The real estate investment trust reported $0.70 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($1.03). Crown Castle had a net margin of 18.59% and a return on equity of 20.98%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter last year, the business earned $1.77 EPS. The business’s revenue was down .9% compared to the same quarter last year.

A number of other equities research analysts also recently issued reports on CCI. Jefferies Financial Group boosted their price target on shares of Crown Castle from $123.00 to $127.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. UBS Group raised their price target on Crown Castle from $103.00 to $118.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. JPMorgan Chase & Co. increased their target price on Crown Castle from $115.00 to $124.00 and gave the stock a “neutral” rating in a research note on Monday, September 23rd. Barclays lifted their target price on Crown Castle from $116.00 to $117.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. Finally, Citigroup set a $128.00 price target on shares of Crown Castle in a research report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $117.00.

Crown Castle Price Performance

CCI traded down $0.75 on Thursday, hitting $92.15. 390,424 shares of the company’s stock were exchanged, compared to its average volume of 2,665,049. The firm has a 50-day moving average price of $105.55 and a 200-day moving average price of $107.03. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 4.43. The stock has a market cap of $40.05 billion, a price-to-earnings ratio of 32.68 and a beta of 0.86. Crown Castle has a fifty-two week low of $91.86 and a fifty-two week high of $120.92.

Institutional Trading of Crown Castle

Several institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp raised its holdings in shares of Crown Castle by 3.7% in the third quarter. State Street Corp now owns 20,875,581 shares of the real estate investment trust’s stock valued at $2,476,470,000 after buying an additional 747,390 shares during the last quarter. Wellington Management Group LLP raised its holdings in Crown Castle by 23.8% during the third quarter. Wellington Management Group LLP now owns 17,528,597 shares of the real estate investment trust’s stock worth $2,079,417,000 after purchasing an additional 3,371,186 shares in the last quarter. Geode Capital Management LLC increased its position in Crown Castle by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 12,105,151 shares of the real estate investment trust’s stock worth $1,434,229,000 after purchasing an additional 151,990 shares during the period. Legal & General Group Plc boosted its stake in shares of Crown Castle by 1.1% in the second quarter. Legal & General Group Plc now owns 6,177,250 shares of the real estate investment trust’s stock valued at $603,518,000 after buying an additional 67,072 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Crown Castle by 7.2% in the third quarter. Barclays PLC now owns 5,174,920 shares of the real estate investment trust’s stock valued at $613,900,000 after acquiring an additional 348,296 shares during the period. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Crown Castle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $1.565 per share. The ex-dividend date is Friday, December 13th. This represents a $6.26 dividend on an annualized basis and a dividend yield of 6.79%. Crown Castle’s dividend payout ratio (DPR) is presently 221.99%.

Crown Castle Company Profile

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.