Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 2/6 |
Past Performance | 4/6 |
Financial Health | 1/6 |
Dividends | 2/6 |
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.
Rewards
Risk Analysis
Crown Castle International Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$173.46 |
52 Week High | US$209.87 |
52 Week Low | US$153.70 |
Beta | 0.54 |
1 Month Change | -10.31% |
3 Month Change | -5.66% |
1 Year Change | -12.41% |
3 Year Change | 33.31% |
5 Year Change | 74.67% |
Change since IPO | 1,234.31% |
Recent News & Updates
Why Crown Castle Is A Good Bet For Growing Income
Crown Castle is well-positioned to capitalize on the 5G investment trend, thanks to its large collection of towers, small cells, and fiber assets. This has resulted in strong growth over the past several years, translating to robust shareholder returns. Recent share price weakness presents a good opportunity to layer into this high quality name.
Shareholder Returns
CCI | US REITs | US Market | |
---|---|---|---|
7D | 11.1% | 6.3% | 6.3% |
1Y | -12.4% | -8.3% | -18.8% |
Return vs Industry: CCI underperformed the US REITs industry which returned -8.6% over the past year.
Return vs Market: CCI exceeded the US Market which returned -18.4% over the past year.
Price Volatility
CCI volatility | |
---|---|
CCI Average Weekly Movement | 4.6% |
REITs Industry Average Movement | 4.9% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.7% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CCI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CCI's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1994 | 5,000 | 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$75.11b |
Earnings (TTM) | US$1.46b |
Revenue (TTM) | US$6.60b |
51.5x
P/E Ratio11.4x
P/S RatioIs CCI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
CCI income statement (TTM) | |
---|---|
Revenue | US$6.60b |
Cost of Revenue | US$2.04b |
Gross Profit | US$4.56b |
Other Expenses | US$3.10b |
Earnings | US$1.46b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 3.37 |
Gross Margin | 69.08% |
Net Profit Margin | 22.10% |
Debt/Equity Ratio | 260.0% |
How did CCI perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield88%
Payout RatioValuation
Is CCI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CCI?
Other financial metrics that can be useful for relative valuation.
What is CCI's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$75.11b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 15.5x |
Enterprise Value/EBITDA | 26.9x |
PEG Ratio | 14.5x |
Price to Earnings Ratio vs Peers
How does CCI's PE Ratio compare to its peers?
CCI PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 70.8x | ||
EQIX Equinix | 127x | 17.7% | US$62.4b |
PSA Public Storage | 30.4x | 5.0% | US$55.2b |
AMT American Tower | 45.8x | 9.8% | US$120.7b |
SBAC SBA Communications | 79.9x | 8.4% | US$35.0b |
CCI Crown Castle International | 51.5x | 3.6% | US$75.1b |
Price-To-Earnings vs Peers: CCI is good value based on its Price-To-Earnings Ratio (51.5x) compared to the peer average (70.8x).
Price to Earnings Ratio vs Industry
How does CCI's PE Ratio compare vs other companies in the US REITs Industry?
Price-To-Earnings vs Industry: CCI is expensive based on its Price-To-Earnings Ratio (51.5x) compared to the US REITs industry average (31.6x)
Price to Earnings Ratio vs Fair Ratio
What is CCI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 51.5x |
Fair PE Ratio | 45.1x |
Price-To-Earnings vs Fair Ratio: CCI is expensive based on its Price-To-Earnings Ratio (51.5x) compared to the estimated Fair Price-To-Earnings Ratio (45.1x).
Share Price vs Fair Value
What is the Fair Price of CCI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CCI ($173.46) is trading below our estimate of fair value ($243.87)
Significantly Below Fair Value: CCI is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: CCI is poor value based on its PEG Ratio (14.5x)
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Future Growth
How is Crown Castle International forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCI's forecast earnings growth (3.6% per year) is above the savings rate (1.9%).
Earnings vs Market: CCI's earnings (3.6% per year) are forecast to grow slower than the US market (13.9% per year).
High Growth Earnings: CCI's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCI's revenue (2.4% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: CCI's revenue (2.4% 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 (26.9%)
Discover growth companies
Past Performance
How has Crown Castle International performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
27.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCI has high quality earnings.
Growing Profit Margin: CCI's current net profit margins (22.1%) are higher than last year (16.3%).
Past Earnings Growth Analysis
Earnings Trend: CCI's earnings have grown significantly by 27.7% per year over the past 5 years.
Accelerating Growth: CCI's earnings growth over the past year (51.4%) exceeds its 5-year average (27.7% per year).
Earnings vs Industry: CCI earnings growth over the past year (51.4%) underperformed the REITs industry 69.5%.
Return on Equity
High ROE: CCI's Return on Equity (18.1%) is considered low.
Discover strong past performing companies
Financial Health
How is Crown Castle International's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CCI's short term assets ($1.3B) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: CCI's short term assets ($1.3B) do not cover its long term liabilities ($29.2B).
Debt to Equity History and Analysis
Debt Level: CCI's net debt to equity ratio (256.1%) is considered high.
Reducing Debt: CCI's debt to equity ratio has increased from 183.2% to 260% over the past 5 years.
Debt Coverage: CCI's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: CCI's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Dividend
What is Crown Castle International current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCI's dividend (3.39%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: CCI's dividend (3.39%) is low compared to the top 25% of dividend payers in the US market (4.23%).
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.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.1%), CCI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (170.5%), CCI's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
5.4yrs
Average management tenure
CEO
Jay Brown (48 yo)
6yrs
Tenure
US$14,553,510
Compensation
Mr. Jay A. Brown is President, Chief Executive Officer and Director at CC Holdings GS V LLC and served as its Chief Financial Officer, Senior Vice President and Treasurer. Mr. Brown has been the Chief Exec...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD14.55M) is about average for companies of similar size in the US market ($USD13.43M).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CCI's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Experienced Board: CCI's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCI insiders have only sold shares 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$75.114b
- Shares outstanding: 433.03m
- 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 | 2022/06/27 00:00 |
End of Day Share Price | 2022/06/27 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.