Crown Castle Inc. (NYSE:CCI – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday after The Goldman Sachs Group lowered their price target on the stock from $105.00 to $95.00. The Goldman Sachs Group currently has a neutral rating on the stock. Crown Castle traded as low as $78.26 and last traded at $81.1080, with a volume of 3671294 shares. The stock had previously closed at $86.11.
Several other research analysts have also recently issued reports on the company. Barclays reaffirmed an “equal weight” rating and issued a $101.00 price target (down previously from $104.00) on shares of Crown Castle in a report on Monday, December 1st. New Street Research cut Crown Castle from a “buy” rating to a “neutral” rating and set a $93.00 target price on the stock. in a report on Monday, January 5th. Zacks Research lowered Crown Castle from a “hold” rating to a “strong sell” rating in a research report on Friday, January 30th. Scotiabank decreased their price target on Crown Castle from $96.00 to $94.00 and set a “sector perform” rating for the company in a research report on Thursday. Finally, Citigroup cut their price objective on Crown Castle from $110.00 to $106.00 and set a “buy” rating on the stock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Crown Castle has a consensus rating of “Moderate Buy” and an average price target of $100.61.
View Our Latest Stock Report on Crown Castle
Crown Castle News Roundup
- Positive Sentiment: Q4 results beat estimates — Crown Castle topped AFFO/FFO and revenue consensus (FFO $1.12 vs. $1.07 estimate) and flagged stronger services revenue growth, which supports near‑term cash flow expectations. Article Title
- Positive Sentiment: Earnings and revenue surprises reinforced by multiple outlets reporting beats — these beats likely underpin buying interest and justify the stock strength despite other headwinds. Article Title
- Neutral Sentiment: Management commentary and investor presentation are available (earnings call transcript & slides); investors should review guidance details and management’s outlook for EBITDA, capital allocation and DISH exposure to assess longer‑term impact. Article Title
- Negative Sentiment: Banks and analysts broadly trimmed price targets this week (examples: Citi to $106 from $110, Goldman to $95 from $105, HSBC to $88.40 from $107, BMO to $91), and several firms moved ratings toward neutral/hold — these cuts signal reduced near‑term upside in street models and are pressuring sentiment. Article Title Article Title
- Negative Sentiment: Management issued softer EBITDA guidance and announced job cuts; media noted the stock dipped on that news — weaker guidance increases execution risk and could limit multiple expansion. Article Title
- Negative Sentiment: External tenant risk remains (reports discuss DISH-related uncertainty/default risk affecting tower demand), a macro/regulatory or tenant‑specific shock could weigh on occupancy and cash flow. Article Title
Institutional Trading of Crown Castle
Several institutional investors have recently made changes to their positions in the stock. Winnow Wealth LLC acquired a new position in Crown Castle in the 2nd quarter valued at approximately $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Crown Castle during the 2nd quarter valued at $27,000. NewSquare Capital LLC increased its stake in shares of Crown Castle by 74.5% in the second quarter. NewSquare Capital LLC now owns 281 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 120 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of Crown Castle during the third quarter worth $29,000. Finally, Wiser Advisor Group LLC purchased a new stake in shares of Crown Castle during the third quarter worth $29,000. 90.77% of the stock is currently owned by institutional investors and hedge funds.
Crown Castle Stock Up 3.4%
The business has a 50-day moving average of $87.47 and a 200-day moving average of $93.93. The stock has a market cap of $35.28 billion, a price-to-earnings ratio of 80.21, a PEG ratio of 0.52 and a beta of 0.96.
About Crown Castle
Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.
Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.
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