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) | $4.08B |
| Gross Profit (TTM) | $3.01B |
| EBITDA | $2.65B |
| Operating Margin | 47.40% |
| Return on Equity | -206.70% |
| Return on Assets | 4.69% |
| Revenue/Share (TTM) | $9.44 |
| Book Value | $-8.04 |
| Price-to-Book | 7.80 |
| Price-to-Sales (TTM) | 9.23 |
| EV/Revenue | 15.06 |
| EV/EBITDA | 23.33 |
| Quarterly Earnings Growth (YoY) | -10.50% |
| Quarterly Revenue Growth (YoY) | -7.20% |
| Shares Outstanding | $425.48M |
| Float | $424.46M |
| % Insiders | 0.12% |
| % Institutions | 100.54% |
Volatility is currently contracting
The London Company Income Equity portfolio declined 3.4% (-3.6% net) during the quarter vs. a 1.8% increase in the Russell 1000 Index. Top 3 contributors to relative performance include Chevron Corporation, Nintendo Co and BlackRock. Top 3 detractors from relative performance include Corning, Cummins and Dominion Energy.
Americans are consuming wireless data at a record pace, yet one of the biggest tower landlords just slashed its dividend by nearly a third.
We're at the halfway point of another surprisingly strong REIT earnings season, with property fundamentals continuing to improve despite a materially tougher interest rate and capital market backdrop. Among 52 equity REITs providing full-year FFO guidance, 44 raised their outlooks (85%), six maintained guidance, and just two lowered (4%) their FFO outlook. REITs have significantly outperformed during earnings season, with the Equity REIT Index gaining nearly 4% during this stretch versus a -3% decline for the S&P 500.
Crown Castle raised full-year 2026 site rental revenue guidance by $20 million. Crown Castle expects to complete more than 400 ground lease buyouts in 2026.
BXP's Q3 2026 FFO and revenues beat estimates as occupancy gains and higher same-property NOI drive growth, prompting a raise in its full-year FFO outlook.
Three REITs quietly collect rent from the antennas powering every call and text in America, but their dividends tell very different stories about risk, safety, and how much longer each payout can hold.
SpaceX's wireless ambitions could create opportunities for cellular tower operators. Explore ETFs positioned to benefit from its expansion.
Crown Castle Inc. is showing early signs of a turnaround, driven by strategic divestitures and cost-saving initiatives. CCI raised its 2026 outlook for site rental revenues, EBITDA, and AFFO, reflecting improved operational momentum. While leverage remains elevated at 6.3x net debt/EBITDA, management targets are intact, and most debt is fixed-rate.
Stock futures are pointing lower after yesterday's tech sell-off; cell tower stocks are surging after a report that SpaceX aims to secure thousands of cell sites; American Express raised its profit forecast; Western Digital's earnings are failing to lift the stock; and Deckers Outdoor shares are falling after an earnings miss. Here's what you need to know today.
SpaceX is reportedly chasing 80,000 cell towers to build a fourth nationwide wireless carrier, and the move sent shockwaves through the stocks of every major player except the ones that actually own the towers.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on CCI and any ticker you trade — then tracks every position and per-strategy win rate.
