| Market cap | $59.64B |
|---|---|
| Enterprise value | $65.22B |
| Revenue | $6.849B |
|---|---|
| EBITDA | $4.177B |
| Income | $1.394B |
| Revenue Q/Q | -7.45% |
| Revenue Y/Y | -2.39% |
| P/E | 30.10 |
|---|---|
| Forward P/E | 26.98 |
| EV/Sales | 9.52 |
| EV/EBITDA | 15.61 |
| EV/EBIT | 28.43 |
| PEG | 3.35 |
| Price/Sales | 8.71 |
| P/FCF | 34.76 |
| Price/Book | 9.35 |
| Book/Share | 10.34 |
| Cash/Share | 0.45 |
| FCF yield | 2.88% |
| Volume | 1.779M / 2.710M |
|---|---|
| Relative vol. | 0.66 × |
| EPS | 3.21 |
|---|---|
| EPS Q/Q | 19.75% |
| Est. EPS Q/Q | 19.75% |
| Profit margin | 21.52% |
|---|---|
| Oper. margin | 33.27% |
| Gross margin | 71.64% |
| EBIT margin | 33.49% |
| EBITDA margin | 60.99% |
| Ret. on assets | 3.61% |
|---|---|
| Ret. on equity | 21.33% |
| ROIC | 6.14% |
| ROCE | 6.39% |
| Debt/Equity | 5.04 |
|---|---|
| Net debt/EBITDA | 27.25 |
| Current ratio | 0.42 |
| Quick ratio | 0.42 |
| Volatility | 1.94% |
|---|---|
| Beta | 0.82 |
| RSI | 45.61 |
|---|
| Insider ownership | 0.43% |
|---|---|
| Inst. ownership | 92.93% |
| Shares outst. | 434.523M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 1.50% |
| Short ratio | 2.71 |
| Dividend | $6.26 |
|---|---|
| Dividend yield | 6.48% |
| Payout ratio | 195.02% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 17 Jul 2024 |
Tuesday, 18 June 2024
|
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| These 3 REITs Just Received Price Target Increases | |
Tuesday, 14 May 2024
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| Glass Lewis backs two dissident candidates in board fight with Crown Castle | |
Monday, 6 May 2024
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Monday, 22 April 2024
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| 4 REITs With Recent Price Target Cuts | |
Wednesday, 17 April 2024
|
|
| Crown Castle beats site rental revenue estimates on steady demand | |
Wednesday, 10 April 2024
|
|
| Crown Castle names Steven Moskowitz as CEO | |
Monday, 25 March 2024
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| Tinder-owner Match Group names new board directors after Elliott push | |
Sunday, 25 February 2024
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| Bill Gates’ 16 Dividend Stocks To Buy | |
Saturday, 24 February 2024
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| Decoding Crown Castle Inc : A Strategic SWOT Insight | |
Tuesday, 20 February 2024
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| Crown Castle co-founder says company could fetch up to $15 bln for fiber assets | |
Tuesday, 13 February 2024
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| Unlock the Dividend Hack in the 5G Boom: The REIT Every Investor Should Know | |
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| 20 Countries That Will Pay You to Move There in 2024 | |
Wednesday, 24 January 2024
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| Crown Castle beats annual site rental revenue estimate on steady demand | |
| Crown Castle: Q4 Earnings Snapshot | |
Tuesday, 23 January 2024
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| How Verizon's Latest Earnings Could Boost Other Telecom Giants | |
Monday, 22 January 2024
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| Should You Buy Crown Castle Ahead of Earnings? | |
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Friday, 29 December 2023
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| Crown Castle Sees a More Significant Dip Than Broader Market: Some Facts to Know | |
Tuesday, 19 December 2023
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| Crown Castle Surpasses Market Returns: Some Facts Worth Knowing | |
Monday, 18 December 2023
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| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Anthony J. Melone Director | Option 31 May 2024 | $4,004,470 |
| Edmond Chan EVP and CIO | Option 10 Apr 2024 | $220,802 |
| Robert Sean Collins Vice President and Controller | Sale 5 Mar 2024 | $368,843 |
| Christopher Levendos EVP and COO - Fiber | Option 19 Feb 2024 | $904,503 |
| Daniel K Schlanger EVP and Chief Financial Officer | Option 19 Feb 2024 | $888,053 |
| Robert Sean Collins Vice President and Controller | Option 19 Feb 2024 | $236,028 |
| Edward B Jr Adams EVP and General Counsel | Option 19 Feb 2024 | $361,996 |
| Philip M Kelley EVP, Corp Dev, and Strategy | Option 19 Feb 2024 | $524,001 |
| Michael Joseph Kavanagh EVP and COO-Towers | Option 19 Feb 2024 | $834,593 |
| Edward B Jr Adams EVP and General Counsel | Option 10 Feb 2024 | $264,279 |
| Jason Genrich Director | Buy 18 Jan 2024 | $12,679 |
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Robintrack.
Price target
Current $95.34
Average $176.00
Low $146
High $197
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +4.77% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 6.48% | Growth period | 9 years |
| Last dividend date | Yield 3 years | 5.44% | Growth 3 years | +8.29% | |
| Last dividend | Yield 5 years | 4.41% | Growth 5 years | +7.93% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Jay Brown (47) President, Chief Executive Officer, and Director since 2016 | 47 | 2016 | $12,620,800 |
| Daniel Schlanger (46) Chief Financial Officer and Senior Vice President since 2018 | 46 | 2018 | $4,281,310 |
| Robert Ackerman (67) Senior Vice President, Chief Operating Officer—Towers, and Small cells since 2017 | 67 | 2017 | $4,082,090 |
| Kenneth Simon (60) Senior Vice President and General Counsel since 2016 | 60 | 2016 | $3,808,820 |
| Jay A. Brown (48) Pres, CEO, and Director | 48 | $3,601,516 | |
| Philip Kelley (47) Senior Vice President - Corporate Development and Strategy since 2008 | 47 | 2008 | $2,894,360 |
| Daniel K. Schlanger (47) Exec. VP and CFO | 47 | $1,543,380 | |
| Kenneth J. Simon (59) Exec. VP and Gen. Counsel | 59 | $1,492,028 | |
| Robert C. Ackerman (69) Advisor | 69 | $1,299,457 | |
| Christopher D. Levendos (54) Exec. VP and COO of Fiber | 54 | $1,158,259 | |
| J. Landis Martin (74) Independent Chairman of the Board since 2002 | 74 | 2002 | $364,899 |
| P. Robert Bartolo (48) Independent Director since 2014 | 48 | 2014 | $321,540 |
| Robert Garrison (78) Independent Director since 2005 | 78 | 2005 | $302,762 |
| Robert McKenzie (76) Independent Director since 1995 | 76 | 1995 | $292,762 |
| Lee Hogan (75) Independent Director since 2001 | 75 | 2001 | $289,995 |
| Anthony Melone (59) Independent Director since 2015 | 59 | 2015 | $287,762 |
| William Moreland (56) Director since 2018 | 56 | 2018 | $286,540 |
| Ari Fitzgerald (57) Independent Director since 2002 | 57 | 2002 | $284,995 |
| Cindy Christy (54) Independent Director since 2007 | 54 | 2007 | $284,995 |
| Edward Hutcheson (74) Independent Director since 1999 | 74 | 1999 | $277,762 |
| Andrea Goldsmith (55) Independent Director since 2018 | 55 | 2018 | $264,995 |
| Matthew Thornton (61) Independent Director since 2020 | 61 | 2020 | |
| Tammy Jones (52) Independent Director since 2020 | 52 | 2020 | |
| Ben Lowe | 2018 | ||
| Michael Kavanagh (51) Senior Vice President and Chief Commercial Officer since 2017 | 51 | 2017 | |
| Philip M. Kelley (48) Exec. VP of Corp. Devel. and Strategy | 48 | ||
| Teddy Adams | |||
| Michael Joseph Kavanagh (53) Exec. VP of Sales and Chief Commercial Officer | 53 | ||
| Fiona McKone | |||
| Benjamin Raymond Lowe CFA (43) Sr. VP of Corp. Fin. and Treasurer | 43 | ||
| Robert Sean Collins (54) Principal Accounting Officer, VP, and Controller | 54 |
since 1994, crown castle has worked around the country to build and maintain the infrastructure behind the world’s most revolutionary technologies. this comprehensive portfolio of towers, small cells, and fiber gives people and communities access to essential data, technology and wireless service and opens the door to countless opportunities and possibilities. we continue to work closely with wireless carriers, businesses, technology companies, governments, and communities to make sure these transformative ideas and innovations find their way to the people who rely on them.
- Real Estate > Diversified REITs
- Crown Castle Inc, 1220 Augusta Drive, Houston 77057-2261, United States
- 713-570-3000
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +4.77% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 6.48% | Growth period | 9 years |
| Last dividend date | Yield 3 years | 5.44% | Growth 3 years | +8.29% | |
| Last dividend | Yield 5 years | 4.41% | Growth 5 years | +7.93% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $293 | $276 | |||
| Short term investments | |||||
| Net receivables | $2,672 | $2,720 | |||
| Inventory | |||||
| Total current assets | $977 | $1,032 | |||
| Long term investments | |||||
| Property, plant & equipment | $21,667 | $21,853 | |||
| Goodwill & intangible assets | $13,158 | $13,264 | |||
| Total noncurrent assets | $37,254 | $37,495 | |||
| Total investments | |||||
| Total assets | $38,231 | $38,527 | |||
| Current liabilities | |||||
| Accounts payable | $216 | $252 | |||
| Deferred revenue | $514 | $605 | |||
| Short long term debt | $1,167 | $1,167 | |||
| Total current liabilities | $2,336 | $2,585 | |||
| Long term debt | $27,957 | $27,647 | |||
| Total noncurrent liabilities | $29,847 | $29,561 | |||
| Total debt | $29,124 | $28,814 | |||
| Total liabilities | $32,183 | $32,146 | |||
| Stockholders' equity | |||||
| Retained earnings | -$12,261 | -$11,889 | |||
| Other stockholder equity | -$5 | -$4 | |||
| Total stockholder equity | $6,048 | $6,381 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $276 | $322 | ||
| Short term investments | ||||
| Net receivables | $2,720 | $2,674 | ||
| Inventory | ||||
| Total current assets | $1,032 | $1,217 | ||
| Long term investments | ||||
| Property, plant & equipment | $21,853 | $21,933 | ||
| Goodwill & intangible assets | $13,264 | $13,681 | ||
| Total noncurrent assets | $37,495 | $37,704 | ||
| Total investments | ||||
| Total assets | $38,527 | $38,921 | ||
| Current liabilities | ||||
| Accounts payable | $252 | $236 | ||
| Deferred revenue | $605 | $736 | ||
| Short long term debt | $1,167 | $1,169 | ||
| Total current liabilities | $2,585 | $2,731 | ||
| Long term debt | $27,647 | $26,791 | ||
| Total noncurrent liabilities | $29,561 | $28,741 | ||
| Total debt | $28,814 | $27,960 | ||
| Total liabilities | $32,146 | $31,472 | ||
| Stockholders' equity | ||||
| Retained earnings | -$11,889 | -$10,666 | ||
| Other stockholder equity | -$4 | -$5 | ||
| Total stockholder equity | $6,381 | $7,449 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $1,641 | $1,674 | |||
| Cost of revenue | $464 | $453 | |||
| Gross profit | $1,177 | $1,221 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $183 | $178 | |||
| Total operating expenses | $639 | $633 | |||
| Operating income | $538 | $588 | |||
| Income from continuing operations | |||||
| EBIT | $544 | $591 | |||
| Income tax expense | $7 | $5 | |||
| Interest expense | $226 | $223 | |||
| Net income | |||||
| Net income | $311 | $363 | |||
| Income (for common shares) | $311 | $363 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $6,981 | $6,986 | ||
| Cost of revenue | $1,980 | $2,068 | ||
| Gross profit | $5,001 | $4,918 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $759 | $750 | ||
| Total operating expenses | $2,632 | $2,493 | ||
| Operating income | $2,369 | $2,425 | ||
| Income from continuing operations | ||||
| EBIT | $2,378 | $2,390 | ||
| Income tax expense | $26 | $16 | ||
| Interest expense | $850 | $699 | ||
| Net income | ||||
| Net income | $1,502 | $1,675 | ||
| Income (for common shares) | $1,502 | $1,675 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $311 | $363 | |||
| Operating activities | |||||
| Depreciation | $439 | $439 | |||
| Business acquisitions & disposals | -$1 | -$3 | |||
| Stock-based compensation | $38 | $31 | |||
| Total cash flows from operations | $599 | $868 | |||
| Investing activities | |||||
| Capital expenditures | -$320 | -$357 | |||
| Investments | |||||
| Total cash flows from investing | -$320 | -$364 | |||
| Financing activities | |||||
| Dividends paid | -$688 | -$679 | |||
| Sale and purchase of stock | -$27 | -$1 | |||
| Net borrowings | $454 | $167 | |||
| Total cash flows from financing | -$261 | -$513 | |||
| Effect of exchange rate | -$1 | $1 | |||
| Change in cash and equivalents | $18 | -$9 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $1,502 | $1,675 | ||
| Operating activities | ||||
| Depreciation | $1,754 | $1,707 | ||
| Business acquisitions & disposals | -$96 | -$35 | ||
| Stock-based compensation | $157 | $156 | ||
| Total cash flows from operations | $3,126 | $2,878 | ||
| Investing activities | ||||
| Capital expenditures | -$1,424 | -$1,310 | ||
| Investments | ||||
| Total cash flows from investing | -$1,519 | -$1,352 | ||
| Financing activities | ||||
| Dividends paid | -$2,723 | -$2,602 | ||
| Sale and purchase of stock | -$30 | -$65 | ||
| Net borrowings | $1,099 | $1,002 | ||
| Total cash flows from financing | -$1,654 | -$1,665 | ||
| Effect of exchange rate | $1 | |||
| Change in cash and equivalents | -$47 | -$139 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Park Place Capital Corp |
-54.02%
|
2,716 | $265,337 |
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc |
Opened
|
1,519 | $148,415 |
| 2024 Q2 | Trust Co Of Toledo Na oh/ |
+18.86%
|
8,721 | $852,042 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
-2.12%
|
58,929 | $5,757,363 |
| 2024 Q2 | Quent Capital |
-43.69%
|
1,321 | $129,093 |
| 2024 Q2 | Gamma Investing |
+32.24%
|
3,519 | $343,806 |
| 2024 Q2 | Moody National Bank Trust Division |
+11.01%
|
7,027 | $686,538 |
| 2024 Q2 | Transcend Capital Advisors |
-11.58%
|
2,505 | $244,784 |
| 2024 Q2 | St Germain D J Co Inc |
+530.00%
|
63 | $6,155 |
| 2024 Q1 | Fmr |
+23.15%
|
12,857,150 | $1,360,672,228 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Vanguard Group Inc | 12.94% | 56,209,579 | |
| Blackrock | 8.35% | 36,272,757 | |
| State Street Corp | 4.87% | 21,170,735 | |
| Morgan Stanley | 3.19% | 13,863,340 | |
| Fmr | 2.96% | 12,857,150 | |
| Wellington Management Group LL.P. | 2.80% | 12,166,336 | |
| Capital World Investors | 2.61% | 11,323,506 | |
| Geode Capital Management | 2.24% | 9,723,962 | |
| Bank Of America Corp de/ | 1.64% | 7,135,574 | |
| Manufacturers Life Insurance Company, The | 1.53% | 6,669,038 |
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