Crown Castle owns, operates and leases more than 40,000 cell towers and more than 75,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.
Solid track record second-rate dividend payer.
Share Price & News
How has Crown Castle International (REIT)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCI.PRA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CCI.PRA exceeded the US REITs industry which returned 16.2% over the past year.
Return vs Market: CCI.PRA exceeded the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Crown Castle International (REIT)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Crown Castle International (REIT) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCI.PRA ($1470.62) is trading below our estimate of fair value ($1700.97)
Significantly Below Fair Value: CCI.PRA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CCI.PRA is poor value based on its PE Ratio (83.1x) compared to the REITs industry average (37.3x).
PE vs Market: CCI.PRA is poor value based on its PE Ratio (83.1x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: CCI.PRA is poor value based on its PEG Ratio (8.1x)
Price to Book Ratio
PB vs Industry: CCI.PRA is overvalued based on its PB Ratio (6.1x) compared to the US REITs industry average (2.1x).
How is Crown Castle International (REIT) forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCI.PRA's forecast earnings growth (10.2% per year) is above the savings rate (1.7%).
Earnings vs Market: CCI.PRA's earnings (10.2% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: CCI.PRA's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCI.PRA's revenue (4.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: CCI.PRA's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCI.PRA's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Crown Castle International (REIT) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCI.PRA has high quality earnings.
Growing Profit Margin: CCI.PRA's current net profit margins (14.2%) are higher than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: CCI.PRA's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: CCI.PRA's earnings growth over the past year (86.7%) exceeds its 5-year average (16.5% per year).
Earnings vs Industry: CCI.PRA earnings growth over the past year (86.7%) exceeded the REITs industry 6.9%.
Return on Equity
High ROE: CCI.PRA's Return on Equity (8.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Crown Castle International (REIT)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: CCI.PRA has a high level of physical assets or inventory.
Debt Coverage by Assets: CCI.PRA's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: CCI.PRA's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if CCI.PRA has a sufficient allowance for bad loans.
Low Risk Liabilities: CCI.PRA reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if CCI.PRA has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CCI.PRA has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if CCI.PRA has an appropriate level of bad loans.
What is Crown Castle International (REIT)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CCI.PRA's dividend (2.89%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: CCI.PRA's dividend (2.89%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CCI.PRA has been paying a dividend for less than 10 years.
Growing Dividend: CCI.PRA's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.2%), CCI.PRA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCI.PRA's dividends in 3 years are forecast to be thoroughly covered by earnings (0.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jay Brown (46yo)
Mr. Jay A. Brown is President, Chief Executive Officer and Director at CC Holdings GS V LLC and served as its Chief Financial Officer, Senior Vice President and Treasurer. Mr. Brown has been the Chief Exec ...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD9.03M) is about average for companies of similar size in the US market ($USD10.81M).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
|CFO, Senior VP & Treasurer||3.7yrs||US$3.36m||0.0092% $6.3m|
|Senior VP & General Counsel||4.1yrs||US$3.41m||0.0085% $5.9m|
|Senior VP & COO of Fiber||11yrs||US$4.34m||0.042% $29.3m|
|Senior VP and COO of Towers & Small Cells||2.4yrs||US$3.18m||0.0021% $1.4m|
|Principal Accounting Officer||3.1yrs||no data||0.00040% $276.0k|
|Vice President of Corporate Finance||2.3yrs||no data||no data|
|Vice President of Communications & Marketing||0yrs||no data||no data|
|Senior Vice President of Corporate Development & Strategy||11.4yrs||US$2.89m||0.028% $19.2m|
|Senior Vice President of Business Support||5.8yrs||no data||no data|
Experienced Management: CCI.PRA's management team is considered experienced (3.7 years average tenure).
|Independent Director||14.8yrs||US$254.35k||0.0064% $4.4m|
|Independent Director||20.6yrs||US$249.35k||0.015% $10.2m|
|Chairman of the Board||17.8yrs||US$329.91k||0.039% $27.1m|
|Independent Director||25.1yrs||US$254.35k||0.0077% $5.3m|
|Independent Director||18.9yrs||US$234.95k||0.012% $8.5m|
|Independent Director||17.5yrs||US$239.95k||no data|
|Independent Director||12.5yrs||US$244.95k||0.0065% $4.5m|
|Independent Director||6yrs||US$272.34k||0.0069% $4.8m|
Experienced Board: CCI.PRA's board of directors are seasoned and experienced ( 16.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Crown Castle International Corp. (REIT)'s company bio, employee growth, exchange listings and data sources
- Name: Crown Castle International Corp. (REIT)
- Ticker: CCI.PRA
- Exchange: NYSE
- Founded: 1994
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$69.005b
- Shares outstanding: 415.77m
- Website: https://www.crowncastle.com
Number of Employees
- Crown Castle International Corp. (REIT)
- 1220 Augusta Drive
- Suite 600
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CCI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Aug 1998|
|8CW||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 1998|
|0I4W||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Aug 1998|
|8CW||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Aug 1998|
|CCIN||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Aug 1998|
|CCI.PRA||NYSE (New York Stock Exchange)||6.875% CON PFD A||US||USD||Jul 2017|
|C1CI34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 SHS UNSPON||BR||BRL||Jan 2020|
Crown Castle owns, operates and leases more than 40,000 cell towers and more than 75,000 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 01:03|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.