Crown Castle Inc (CCI) concluded trading on Thursday at a closing price of $98.77, with 3.35 million shares of worth about $330.87 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.06% during that period and on December 12, 2024 the price saw a loss of about -0.41%. Currently the company’s common shares owned by public are about 435.00M shares, out of which, 433.24M shares are available for trading.
Stock saw a price change of -4.40% in past 5 days and over the past one month there was a price change of -3.40%. Year-to-date (YTD), CCI shares are showing a performance of -14.25% which decreased to -13.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $92.48 but also hit the highest price of $120.92 during that period. The average intraday trading volume for Crown Castle Inc shares is 2.49 million. The stock is currently trading -4.78% below its 20-day simple moving average (SMA20), while that difference is down -7.70% for SMA50 and it goes to -6.39% lower than SMA200.
Crown Castle Inc (NYSE: CCI) currently have 435.00M outstanding shares and institutions hold larger chunk of about 94.45% of that.
The stock has a current market capitalization of $42.93B and its 3Y-monthly beta is at 0.86. PE ratio of stock for trailing 12 months is 35.04, while it has posted earnings per share of $2.82 in the same period. It has a debt-to-equity ratio of 5.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CCI, volatility over the week remained 1.85% while standing at 1.54% over the month.
Stock’s fiscal year EPS is expected to drop by -29.39% while it is estimated to increase by 10.36% in next year. EPS is likely to shrink at an annualized rate of -2.57% for next 5-years, compared to annual growth of 23.06% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on December 10, 2024 offering an Underweight rating for the stock and assigned a target price range of between $105 and $100 to it. On January 19, 2024, BMO Capital Markets Upgrade their recommendations, while on December 14, 2023, HSBC Securities Initiated their ratings for the stock with a price target of $110. Stock get an Equal weight rating from Wells Fargo on December 05, 2023.
