Q1 EPS Estimates for Crown Castle Lowered by Zacks Research

Crown Castle Inc. (NYSE:CCI) – Equities research analysts at Zacks Research dropped their Q1 2026 EPS estimates for Crown Castle in a report issued on Tuesday, July 1st. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $0.98 per share for the quarter, down from their prior forecast of $1.00. The consensus estimate for Crown Castle’s current full-year earnings is $6.67 per share. Zacks Research also issued estimates for Crown Castle’s FY2026 earnings at $4.30 EPS, Q1 2027 earnings at $1.19 EPS, Q2 2027 earnings at $1.28 EPS and FY2027 earnings at $5.15 EPS.

Crown Castle (NYSE:CCI) last released its earnings results on Wednesday, April 30th. The real estate investment trust reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.72 by ($0.62). The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. Crown Castle had a negative return on equity of 164.40% and a negative net margin of 78.12%. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period last year, the firm earned $1.72 EPS.

Several other equities analysts have also recently issued reports on the stock. UBS Group upgraded shares of Crown Castle from a “neutral” rating to a “buy” rating and set a $118.00 target price for the company in a research note on Friday, March 14th. New Street Research raised shares of Crown Castle from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 1st. Argus upgraded Crown Castle to a “hold” rating in a research note on Friday, March 21st. Royal Bank Of Canada upped their price target on Crown Castle from $107.00 to $112.00 and gave the stock a “sector perform” rating in a report on Friday, May 2nd. Finally, Citigroup upped their target price on Crown Castle from $108.00 to $124.00 and gave the stock a “buy” rating in a research note on Monday, May 5th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $112.71.

Crown Castle Trading Down 0.6%

Shares of NYSE:CCI opened at $103.13 on Thursday. The company has a market capitalization of $44.91 billion, a PE ratio of -9.58, a PEG ratio of 0.80 and a beta of 0.88. Crown Castle has a 12-month low of $84.20 and a 12-month high of $120.92. The business has a 50 day moving average of $101.39 and a two-hundred day moving average of $96.79.

Crown Castle Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend was Friday, June 13th. Crown Castle’s dividend payout ratio (DPR) is -39.50%.

Insider Transactions at Crown Castle

In related news, CEO Daniel K. Schlanger sold 20,000 shares of the company’s stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $106.38, for a total value of $2,127,600.00. Following the completion of the sale, the chief executive officer owned 110,571 shares of the company’s stock, valued at approximately $11,762,542.98. This represents a 15.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Robert Sean Collins sold 3,600 shares of Crown Castle stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $106.72, for a total transaction of $384,192.00. Following the transaction, the vice president directly owned 6,465 shares in the company, valued at $689,944.80. This trade represents a 35.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 31,600 shares of company stock worth $3,362,752 in the last ninety days. Insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Crown Castle

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Crown Castle by 10.1% in the 1st quarter. Vanguard Group Inc. now owns 68,840,605 shares of the real estate investment trust’s stock valued at $7,175,256,000 after buying an additional 6,341,150 shares during the period. Wellington Management Group LLP lifted its holdings in Crown Castle by 2.6% during the 1st quarter. Wellington Management Group LLP now owns 21,387,895 shares of the real estate investment trust’s stock worth $2,229,260,000 after buying an additional 538,049 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Crown Castle by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 12,333,158 shares of the real estate investment trust’s stock worth $1,119,225,000 after acquiring an additional 228,007 shares during the period. Norges Bank purchased a new stake in Crown Castle during the 4th quarter worth about $561,714,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of Crown Castle by 1.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 6,144,359 shares of the real estate investment trust’s stock worth $557,662,000 after buying an additional 58,903 shares in the last quarter. 90.77% of the stock is currently owned by hedge funds and other institutional investors.

About Crown Castle

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.