Crown Castle International Corp. [REIT] [CCI] gain 25.79% so far this year. What now?

Crown Castle International Corp. (REIT) [NYSE: CCI] closed the trading session at $200.24 on 06/10/21. The day’s price range saw the stock hit a low of $196.355, while the highest price level was $200.47. The company report on May 29, 2021 that Crown Castle to Present at Nareit’s REITweek: 2021 Virtual Investor Conference.

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Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced that Dan Schlanger, Crown Castle’s Executive Vice President and Chief Financial Officer, is scheduled to present on Wednesday, June 9, 2021 at 11:00 a.m. Eastern Time at Nareit’s REITweek: 2021 Virtual Investor Conference. The presentation will be broadcast over the Internet and is expected to last approximately 30 minutes. Registration and access to the presentation will be provided on the Nareit REITweek website at: Nareit’s REITweek.


The stocks have a year to date performance of 25.79 percent and weekly performance of 2.73 percent. The stock has been moved at 24.12 percent over the last six months. The stock has performed 9.89 percent around the most recent 30 days and changed 28.57 percent over the most recent 3-months.

If compared to the average trading volume of 1.78M shares, CCI reached to a volume of 2566524 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Crown Castle International Corp. [REIT] [CCI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CCI shares is $195.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CCI stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for Crown Castle International Corp. (REIT) shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on May 04, 2021. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on April 12, 2021, representing the official price target for Crown Castle International Corp. (REIT) stock. Previously, the target price had yet another raise to $193, while KeyBanc Capital Markets analysts kept a Overweight rating on CCI stock.

The Average True Range (ATR) for Crown Castle International Corp. (REIT) is set at 2.83, with the Price to Sales ratio for CCI stock in the period of the last 12 months amounting to 14.52. The Price to Book ratio for the last quarter was 9.69, with the Price to Cash per share for the same quarter was set at 0.59.

CCI stock trade performance evaluation

Crown Castle International Corp. (REIT) [CCI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.73. With this latest performance, CCI shares gained by 9.89% in over the last four-week period, additionally plugging by 24.12% over the last 6 months – not to mention a rise of 15.02% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CCI stock in for the last two-week period is set at 76.84, with the RSI for the last a single of trading hit 81.13, and the three-weeks RSI is set at 73.24 for Crown Castle International Corp. (REIT) [CCI]. The present Moving Average for the last 50 days of trading for this stock 184.44, while it was recorded at 197.67 for the last single week of trading, and 167.01 for the last 200 days.

Crown Castle International Corp. [REIT] [CCI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Crown Castle International Corp. (REIT) [CCI] shares currently have an operating margin of +33.34 and a Gross Margin at +38.75. Crown Castle International Corp. (REIT)’s Net Margin is presently recorded at +18.08.

Return on Total Capital for CCI is now 5.62, given the latest momentum, and Return on Invested Capital for the company is 3.09. Return on Equity for this stock inclined to 10.59, with Return on Assets sitting at 2.73. When it comes to the capital structure of this company, Crown Castle International Corp. (REIT) [CCI] has a Total Debt to Total Equity ratio set at 268.65. Additionally, CCI Total Debt to Total Capital is recorded at 72.87, with Total Debt to Total Assets ending up at 65.56. Long-Term Debt to Equity for the company is recorded at 263.81, with the Long-Term Debt to Total Capital now at 71.56.

Reflecting on the efficiency of the workforce at the company, Crown Castle International Corp. (REIT) [CCI] managed to generate an average of $215,510 per employee. Receivables Turnover for the company is 3.03 with a Total Asset Turnover recorded at a value of 0.15.Crown Castle International Corp. (REIT)’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

Earnings per share (EPS) analysis for Crown Castle International Corp. (REIT) [CCI] stock

With the latest financial reports released by the company, Crown Castle International Corp. (REIT) posted 0.41/share EPS, while the average EPS was predicted by analysts to be reported at 0.5/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -18.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CCI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Crown Castle International Corp. (REIT) go to 21.00%.

Crown Castle International Corp. [REIT] [CCI]: Insider Ownership positions

There are presently around $79,305 million, or 92.90% of CCI stock, in the hands of institutional investors. The top three institutional holders of CCI stocks are: VANGUARD GROUP INC with ownership of 54,896,304, which is approximately 0.86% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 30,599,768 shares of the stock with an approximate value of $6.13 billion in CCI stocks shares; and CAPITAL WORLD INVESTORS, currently with $3.84 billion in CCI stock with ownership of nearly -4.335% of the company’s market capitalization.

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Positions in Crown Castle International Corp. (REIT) stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 707 institutional holders increased their position in Crown Castle International Corp. (REIT) [NYSE:CCI] by around 28,651,759 shares. Additionally, 489 investors decreased positions by around 19,187,273 shares, while 134 investors held positions by with 348,211,864 shares. The mentioned changes placed institutional holdings at 396,050,896 shares, according to the latest SEC report filing. CCI stock had 148 new institutional investments in for a total of 8,571,733 shares, while 105 institutional investors sold positions of 1,338,730 shares during the same period.

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