Zacks Research Has Positive View of Crown Castle Q2 Earnings

Crown Castle Inc. (NYSE:CCI) – Equities research analysts at Zacks Research raised their Q2 2025 EPS estimates for Crown Castle in a report issued on Tuesday, December 17th. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $1.59 per share for the quarter, up from their prior forecast 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 issued its quarterly earnings data on Wednesday, October 16th. The real estate investment trust reported $0.70 EPS for the quarter, missing the consensus estimate of $1.73 by ($1.03). The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Crown Castle had a net margin of 18.59% and a return on equity of 20.98%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.77 EPS.

Other equities analysts have also issued reports about the stock. Citigroup set a $128.00 price objective on shares of Crown Castle in a research report on Thursday, October 17th. Jefferies Financial Group boosted their price target on Crown Castle from $123.00 to $127.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Barclays increased their price objective on shares of Crown Castle from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. Wells Fargo & Company lowered Crown Castle from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $105.00 to $100.00 in a report on Tuesday, December 10th. Finally, TD Cowen reduced their price target on Crown Castle from $127.00 to $123.00 and set a “buy” rating for the company in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $117.00.

Crown Castle Trading Down 2.3 %

Crown Castle stock opened at $90.73 on Thursday. Crown Castle has a one year low of $90.69 and a one year high of $120.92. The stock has a market cap of $39.43 billion, a PE ratio of 32.17 and a beta of 0.86. The company has a debt-to-equity ratio of 4.43, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a 50-day moving average of $105.16 and a two-hundred day moving average of $106.92.

Crown Castle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $1.565 dividend. The ex-dividend date is Friday, December 13th. This represents a $6.26 dividend on an annualized basis and a yield of 6.90%. Crown Castle’s dividend payout ratio is currently 221.99%.

Institutional Trading of Crown Castle

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP boosted its holdings in Crown Castle by 23.8% in the 3rd 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 buying an additional 3,371,186 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Crown Castle by 433.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,968,959 shares of the real estate investment trust’s stock worth $470,838,000 after acquiring an additional 3,225,460 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of Crown Castle by 4,097.8% during the second quarter. Daiwa Securities Group Inc. now owns 2,524,226 shares of the real estate investment trust’s stock worth $246,617,000 after purchasing an additional 2,464,094 shares in the last quarter. Bank of Montreal Can raised its stake in Crown Castle by 191.7% in the 2nd quarter. Bank of Montreal Can now owns 2,032,521 shares of the real estate investment trust’s stock valued at $195,183,000 after purchasing an additional 1,335,644 shares during the last quarter. Finally, Cooke & Bieler LP lifted its holdings in Crown Castle by 95.8% in the 2nd quarter. Cooke & Bieler LP now owns 2,578,932 shares of the real estate investment trust’s stock valued at $251,962,000 after purchasing an additional 1,261,536 shares in the last quarter. Hedge funds and other institutional investors own 90.77% of the company’s stock.

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.