Analyst Expectations For Crown Castle's Future

During the last three months, 4 analysts shared their evaluations of Crown Castle CCI, revealing diverse outlooks from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts have set 12-month price targets for Crown Castle, revealing an average target of $111.0, a high estimate of $115.00, and a low estimate of $109.00. Surpassing the previous average price target of $96.33, the current average has increased by 15.23%.

Analyzing Analyst Ratings: A Detailed Breakdown

The standing of Crown Castle among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Crown Castle. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Crown Castle compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Crown Castle's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Crown Castle's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Crown Castle analyst ratings.

Get to Know Crown Castle Better

Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with about 75% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.

A Deep Dive into Crown Castle's Financials

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Growth: Crown Castle displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 0.42%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.

Net Margin: Crown Castle's net margin excels beyond industry benchmarks, reaching 21.57%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Crown Castle's ROE stands out, surpassing industry averages. With an impressive ROE of 5.53%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Crown Castle's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.93% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: With a below-average debt-to-equity ratio of 4.52, Crown Castle adopts a prudent financial strategy, indicating a balanced approach to debt management.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.