Headquartered in Houston, TX Fiscal year ends December NYSE: CCI crowncastle.com
Crown Castle Inc. (NYSE: CCI) owns, operates, and leases approximately 40,000 cell towers and other structures geographically dispersed throughout the United States. The company provides access, including space and capacity, to its towers via long-term tenant contracts to wireless carriers. Crown Castle has a significant presence in each of the top 100 basic trading areas in the U.S., with 56% of towers in the top 50 and 71% in the top 100 BTAs. On May 1, 2026, the company completed the sale of its small cells and fiber solutions businesses (Fiber Business) to EQT and Zayo for aggregate net cash proceeds of $8.4 billion, transforming into a pure-play U.S. tower operator. The company now operates as a single reportable segment focused on tower operations. Its tenant base is highly concentrated, with T-Mobile (42%), AT&T (28%), and Verizon (23%) collectively representing 93% of site rental revenues. Crown Castle owns 43% of its ground interests and leases 57%, with a weighted average ground lease maturity of 35 years. The company has approximately $28 billion in remaining contracted tenant receivables. Crown Castle operates as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes and seeks to create long-term stockholder value through growing cash flows from existing towers, returning capital to stockholders via dividends and share repurchases, and efficiently investing capital to expand its tower portfolio and land ownership positions. Updated
The fiber sale is now paying for itself: interest expense fell to $177 million from $247 million a year ago, lifting AFFO past consensus and pushing up the full-year AFFO midpoint. The catch is the top line, which missed estimates as DISH terminations hit site rental billings.
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…
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…
Six popular dividend stocks sitting in a taxable account quietly hand a portion of every payout to the IRS, and the gap between what you earn and what you keep widens sharply…
Every time someone opens a map app or joins a video call, rent flows to the owners of the antenna carrying that signal. Three REITs have built their entire business on that…
American Tower collects rent from wireless carriers under long-term contracts, but rising interest rates and a major customer exodus are squeezing the cash that funds the dividend. Here is what retirees actually…
Crown Castle slashed its dividend and shed billions in assets to survive, but the question haunting income investors is whether what remains actually holds together or sets up a second cut.
Pre-Market Stock Futures: Futures are trading lower as we prepare for a trading week that may include an interest rate hike after the core consumer price index number came in higher than…
A Wells Fargo analyst says SpaceX's wireless push will hurt carriers far less than investors fear, and the real beneficiaries may surprise anyone who assumed satellite and towers compete rather than cooperate.
American Tower and Crown Castle both raised guidance and cut dividend checks this month, but the coverage math behind those payouts tells a story that should make income investors look twice before…
Wall Street is firing on all cylinders this Thursday, with major upgrades hitting healthcare, telecom, and e-commerce while Treasury bond buybacks shake up yields and send gold surging past $4,500. Find out…
Both cell-tower REITs are trading near one-year lows, and both look cheap on the surface, but one hides a yield trap that could quietly drain a retirement portfolio while the other just…
With the 10-year Treasury yield sitting at 4.57% and pinned in the 98th percentile of its 12-month range, the bar for owning equities, especially rate-sensitive ones, keeps rising. That math punishes expensive…
Pre-Market Stock Futures: Futures are trading higher on the heels of the third straight day of stock declines, and there is growing apprehension that yields will go even higher and that inflation…
Tower REITs picked up a fresh vote of confidence from Wall Street this morning. American Tower (NYSE:AMT) was upgraded by Bernstein to Outperform with a $207 price target, sending shares of the…
ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) leans into a structural tension by design: the more aggressively a fund screens for yield, the more it tilts toward REITs whose payouts are elevated precisely…
Crown Castle Inc. (NYSE: CCI) owns, operates, and leases approximately 40,000 cell towers and other structures geographically dispersed throughout the United States. The company provides access, including space and capacity, to its towers via long-term tenant contracts to wireless carriers.
The Wall Street consensus 12-month price target for CCI is $93.50.
