
Cell-tower real estate investment trusts (REITs) American Tower (NYSE:AMT | AMT Price Prediction) and Crown Castle (NYSE:CCI) are beaten down and trading near one-year lows.
Crown Castle is a real estate investment trust and provider of shared communications infrastructure in the United States. Its network includes over 40,000 cell towers and nearly 80,000 route miles of fiber supporting small cells and fiber solutions. Headquartered in Houston, Texas, the company has 100 offices nationwide.
| Revenue (TTM) | $4.16B |
| Gross Profit (TTM) | $3.07B |
| EBITDA | $2.69B |
| Operating Margin | 46.80% |
| Return on Equity | -206.70% |
| Return on Assets | 4.73% |
| Revenue/Share (TTM) | $9.58 |
| Book Value | $-7.68 |
| Price-to-Book | 8.86 |
| Price-to-Sales (TTM) | 7.96 |
| EV/Revenue | 13.16 |
| EV/EBITDA | 20.29 |
| Quarterly Earnings Growth (YoY) | -67.50% |
| Quarterly Revenue Growth (YoY) | -4.90% |
| Shares Outstanding | $437.00M |
| Float | $425.00M |
| % Insiders | 0.10% |
| % Institutions | 102.67% |
Volatility is currently contracting

Cell-tower real estate investment trusts (REITs) American Tower (NYSE:AMT | AMT Price Prediction) and Crown Castle (NYSE:CCI) are beaten down and trading near one-year lows.

CCI's Q2 AFFO beat reflects lower interest expense, while asset sales, debt repayment and land investments reshape its outlook.

Crown Castle Inc. (CCI) Q2 2026 Earnings Call Transcript

HOUSTON, July 22, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2026, and updated its full year 2026 Outlook, as reflected in the table below. (dollars in millions, except per share amounts) Current Full Year 2026 Outlook Midpoint(a) Full Year 2025 Actual % Change Previous Full Year 2026 Outlook(b) Current Compared to Previous Outlook Site rental revenues( c ) $ 3,855 $ 4,049 (5 )% $ 3,850 $ 5 Net income (loss) $ 870 $ 444 96 % $ 830 $ 40 Net income (loss) per share—diluted $ 2.02 $ 1.01 100 % $ 1.94 $ 0.08 Adjusted EBITDA( c )( d ) $ 2,690 $ 2,863 (6 )% $ 2,690 $ — AFFO( c )( d ) $ 1,975 $ 1,904 4 % $ 1,970 $ 5 AFFO per share( c )( d ) $ 4.59 $ 4.36 5 % $ 4.59 $ — (a) Reflects midpoint of full year 2026 Outlook as issued on July 22, 2026.

Crown Castle Inc. has declined to 2014-2016 levels, reflecting valuation compression and capital allocation missteps. CCI's fiber business sale was at $8.5 billion, well below its $20 billion capex. Current valuation and a 5.5% dividend yield make CCI attractive for income-focused strategies, especially via longer-dated covered calls.

Evaluate the expected performance of Crown Castle (CCI) for the quarter ended June 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

CCI heads into Q2 earnings after four straight AFFO beats. Investors weigh falling revenue forecasts against rising wireless network demand.

Even without rate cut assistance from the Federal Reserve, the real estate sector is delivering the goods for investors this year. Count the ALPS REIT Dividend Dogs ETF (RDOG) among the real estate ETFs displaying leadership traits.

Crown Castle Inc. offers a compelling long-term value and income opportunity amid a transitional 2026, trading near 52-week lows with a 5.55% yield. CCI's pure-play U.S. tower focus, cost reductions, and capital redeployment position it for organic growth and enhanced operating efficiency post-fiber divestiture. Forward P/FFO of 19.3 is below historical norms, with analysts projecting 8%–13% annual FFO/share growth over the next three years.

HOUSTON, June 30, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its second quarter 2026 results on Wednesday, July 22, 2026, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Wednesday, July 22, 2026, at 5:00 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com. Participants may join the conference call by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes prior to the start time. All dial-in participants should ask to join the Crown Castle call. A replay of the webcast will be available on the Investor page of Crown Castle's website until end of day, Thursday, July 22, 2027.
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