Crown Castle Inc (CCI) concluded trading on Thursday at a closing price of $90.65, with 4.3 million shares of worth about $389.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.18% during that period and on January 16, 2025 the price saw a gain of about 4.63%. Currently the company’s common shares owned by public are about 435.00M shares, out of which, 433.23M shares are available for trading.
Stock saw a price change of 3.60% in past 5 days and over the past one month there was a price change of -6.65%. Year-to-date (YTD), CCI shares are showing a performance of -0.12% which decreased to -18.21% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $84.20 but also hit the highest price of $120.92 during that period. The average intraday trading volume for Crown Castle Inc shares is 3.03 million. The stock is currently trading 1.29% above its 20-day simple moving average (SMA20), while that difference is down -7.44% for SMA50 and it goes to -12.49% lower than SMA200.
Crown Castle Inc (NYSE: CCI) currently have 435.00M outstanding shares and institutions hold larger chunk of about 94.49% of that.
The stock has a current market capitalization of $39.40B and its 3Y-monthly beta is at 0.89. PE ratio of stock for trailing 12 months is 32.16, 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 2.84% while standing at 2.20% over the month.
Stock’s fiscal year EPS is expected to drop by -29.67% while it is estimated to increase by 11.15% in next year. EPS is likely to shrink at an annualized rate of -2.77% 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 Barclays on January 13, 2025 offering an Overweight rating for the stock and assigned a target price range of between $117 and $104 to it. Coverage by Jefferies stated Crown Castle Inc (CCI) stock as a Hold in their note to investors on January 02, 2025, suggesting a price target of $84 for the stock. Stock get a Market perform rating from BMO Capital Markets on January 19, 2024.
