Crown Castle raises annual site rental revenue forecast on robust demand [Yahoo! Finance]
Crown Castle International Corp. (REIT) (CCI)
Last crown castle international corp. (reit) earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
forecast for the second time, helped by steady demand for wireless infrastructure services. Crown Castle derives majority of its revenue from leasing out tower infrastructure to U.S. wireless carriers such as AT&T, T-Mobile US, and Verizon Communications on a long-term basis. With about 40,000 cellular towers across the U.S., Crown Castle is looking to focus on growing its tower business, which is expected to benefit from the largest U.S. carriers upgrading their networks to 5G and increasing capacity to meet booming data demand. The real estate investment trust now sees annual site rental revenue in the range of $4.01 billion to $4.05 billion, compared with its earlier projection of between $4 billion and $4.04 billion. Analysts expect earnings growth of real estate investment trusts to improve going into 2026, as pressures from supply, tenant churn, and high development capex ease. Crown Castle posted site rental revenue of $1.01 billion for the third quarter ended Septemb
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CCI
News
- Crown Castle (NYSE:CCI) had its price target lowered by analysts at BMO Capital Markets from $114.00 to $107.00. They now have an "outperform" rating on the stock.MarketBeat
- Crown Castle (NYSE:CCI) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Crown Castle (NYSE:CCI) was downgraded by analysts at Barclays PLC from a "strong-buy" rating to a "hold" rating.MarketBeat
- Crown Castle (CCI): Assessing Valuation After Recent Shareholder Return Weakness [Yahoo! Finance]Yahoo! Finance
- Crown Castle to Present at the UBS Global Media and Communications Conference [Yahoo! Finance]Yahoo! Finance
CCI
Earnings
- 10/22/25 - Beat
CCI
Sec Filings
- 11/14/25 - Form S-8
- 11/14/25 - Form SCHEDULE
- 11/12/25 - Form 4
- CCI's page on the SEC website