Crown Castle (NYSE:CCI) Updates 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 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 Stock Performance

Shares of Crown Castle stock opened at $74.64 on Friday. Crown Castle has a one year low of $73.75 and a one year high of $115.76. The company has a market cap of $32.58 billion, a P/E ratio of 37.89, a PEG ratio of 0.39 and a beta of 0.95. The firm has a fifty day moving average of $84.61 and a two-hundred day moving average of $85.82.

Crown Castle (NYSE:CCIGet Free Report) last issued its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.55. Crown Castle had a net margin of 20.71% and a negative return on equity of 63.77%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $995.41 million. During the same quarter in the previous year, the firm earned $1.10 earnings per share. The business’s quarterly revenue was down 4.9% compared to the same quarter last year. As a group, equities analysts predict that Crown Castle will post 4.22 earnings per share for the current year.

Crown Castle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $1.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.25 dividend on an annualized basis and a yield of 5.7%. Crown Castle’s dividend payout ratio (DPR) is presently 175.62%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CCI shares. Truist Financial initiated coverage on Crown Castle in a report on Tuesday, March 31st. They issued a “hold” rating and a $90.00 price objective on the stock. Raymond James Financial raised their price target on Crown Castle from $102.00 to $108.00 and gave the company a “strong-buy” rating in a report on Thursday, April 23rd. Barclays lifted their price target on Crown Castle from $91.00 to $92.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. BMO Capital Markets upped their price objective on Crown Castle from $91.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Finally, Jefferies Financial Group increased their price objective on Crown Castle from $84.00 to $89.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.02.

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Crown Castle News Summary

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

Institutional Investors Weigh In On Crown Castle

Several institutional investors have recently modified their holdings of CCI. Wiser Advisor Group LLC purchased a new position in Crown Castle in the 3rd quarter valued at approximately $29,000. Triumph Capital Management purchased a new stake in Crown Castle during the third quarter worth $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 acquired a new stake in Crown Castle in the third quarter valued at $48,000. Finally, DV Equities LLC acquired a new stake in Crown Castle in the fourth quarter valued at $54,000. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Crown Castle Company Profile

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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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