| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 0/6 |
| Dividends | 3/6 |
CCI Stock Overview
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.
Crown Castle International Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$181.65 |
| 52 Week High | US$209.87 |
| 52 Week Low | US$146.15 |
| Beta | 0.48 |
| 1 Month Change | -8.53% |
| 3 Month Change | 1.41% |
| 1 Year Change | 14.00% |
| 3 Year Change | 62.32% |
| 5 Year Change | 106.40% |
| Change since IPO | 1,297.31% |
Recent News & Updates
Should You Be Adding Crown Castle International (NYSE:CCI) To Your Watchlist Today?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
CCI: A REIT With Strong Growth Potential
CCI operates in an industry growing at a very fast pace. For a REIT, the company trades at a high valuation compared to others, but the results have been quite strong of late. The company has been getting stronger every year and 2022 is expected to continue that trend.
Shareholder Returns
| CCI | US REITs | US Market | |
|---|---|---|---|
| 7D | -3.1% | -4.4% | -4.0% |
| 1Y | 14.0% | 24.7% | 6.6% |
Return vs Industry: CCI underperformed the US REITs industry which returned 25.7% over the past year.
Return vs Market: CCI exceeded the US Market which returned 7.7% over the past year.
Price Volatility
| CCI volatility | |
|---|---|
| CCI Average Weekly Movement | 3.6% |
| REITs Industry Average Movement | 4.0% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: CCI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CCI's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 4,900 | Jay Brown | https://www.crowncastle.com |
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 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. For more information on Crown Castle, please visit www.crowncastle.com.
Crown Castle International Fundamentals Summary
| CCI fundamental statistics | |
|---|---|
| Market Cap | US$78.51b |
| Earnings (TTM) | US$1.31b |
| Revenue (TTM) | US$6.18b |
59.8x
P/E Ratio12.7x
P/S RatioIs CCI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CCI income statement (TTM) | |
|---|---|
| Revenue | US$6.18b |
| Cost of Revenue | US$1.97b |
| Gross Profit | US$4.21b |
| Expenses | US$2.90b |
| Earnings | US$1.31b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 26, 2022
| Earnings per share (EPS) | 3.04 |
| Gross Margin | 68.10% |
| Net Profit Margin | 21.25% |
| Debt/Equity Ratio | 236.3% |
How did CCI perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield76%
Payout RatioValuation
Is Crown Castle International undervalued compared to its fair value and its price relative to the market?
24.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCI ($181.65) is trading below our estimate of fair value ($241.36)
Significantly Below Fair Value: CCI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CCI is poor value based on its PE Ratio (59.8x) compared to the US REITs industry average (45.5x).
PE vs Market: CCI is poor value based on its PE Ratio (59.8x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: CCI is poor value based on its PEG Ratio (5.3x)
Price to Book Ratio
PB vs Industry: CCI is overvalued based on its PB Ratio (9.2x) compared to the US REITs industry average (2x).
Future Growth
How is Crown Castle International forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
11.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCI's forecast earnings growth (11.3% per year) is above the savings rate (2%).
Earnings vs Market: CCI's earnings (11.3% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: CCI's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCI's revenue (4.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: CCI's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCI's Return on Equity is forecast to be high in 3 years time (31.7%)
Past Performance
How has Crown Castle International performed over the past 5 years?
26.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCI has high quality earnings.
Growing Profit Margin: CCI's current net profit margins (21.2%) are higher than last year (11.6%).
Past Earnings Growth Analysis
Earnings Trend: CCI's earnings have grown significantly by 26.6% per year over the past 5 years.
Accelerating Growth: CCI's earnings growth over the past year (95.7%) exceeds its 5-year average (26.6% per year).
Earnings vs Industry: CCI earnings growth over the past year (95.7%) exceeded the REITs industry 29.5%.
Return on Equity
High ROE: CCI's Return on Equity (15.4%) is considered low.
Financial Health
How is Crown Castle International's financial position?
Financial Position Analysis
Short Term Liabilities: CCI's short term assets ($1.3B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: CCI's short term assets ($1.3B) do not cover its long term liabilities ($28.5B).
Debt to Equity History and Analysis
Debt Level: CCI's net debt to equity ratio (232.1%) is considered high.
Reducing Debt: CCI's debt to equity ratio has increased from 186.2% to 236.3% over the past 5 years.
Debt Coverage: CCI's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: CCI's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
Dividend
What is Crown Castle International current dividend yield, its reliability and sustainability?
3.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCI's dividend (3.24%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: CCI's dividend (3.24%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CCI has been paying a dividend for less than 10 years.
Growing Dividend: CCI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.1%), CCI's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCI's dividends in 3 years are forecast to be covered by earnings (88.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Jay Brown (48 yo)
5.58yrs
Tenure
US$17,999,135
Compensation
Mr. Jay A. Brown is President, Chief Executive Officer and Director at CC Holdings GS V LLC and served as its Chief Financial Officer, Senior Vice President and Treasurer. Mr. Brown has been the Chief Exec...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD18.00M) is above average for companies of similar size in the US market ($USD11.31M).
Compensation vs Earnings: Jay's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: CCI's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: CCI's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Crown Castle International Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Crown Castle International Corp.
- Ticker: CCI
- Exchange: NYSE
- Founded: 1994
- Industry: Specialized REITs
- Sector: Real Estate
- Implied Market Cap: US$78.510b
- Shares outstanding: 432.20m
- Website: https://www.crowncastle.com
Number of Employees
Location
- Crown Castle International Corp.
- 1220 Augusta Drive
- Suite 600
- Houston
- Texas
- 77057-2261
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 23:50 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.