Crown Castle Inc. (CCI) Stock Price & Analysis
Crown Castle Inc. (CCI) is trading at USD 86.2, up 9.34% today, as of October 23, 2026 at 16:25 UTC (US market open; quotes may be delayed), according to Nexqual market data.
CCI last closed at USD 78.83; today's session has ranged USD 85.13–91.45 on volume of 9,558,680 shares. Market capitalization is $37.67B, with a 52-week range of USD 65.32–99.21 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 16:25 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CCI.md
Key facts (CCI)
- Last four reported quarters (through Jun 30, 2026): revenue $4.16B, net income $862M (20.7% margin), free cash flow $2.41B (SEC filings).
- Valuation: P/E 43.7x (avg 60.4x at the last 2 fiscal year-ends), EV/EBITDA 20.6x, net debt $17.2B.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $114K; 1 not under a Rule 10b5-1 plan ($114K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $74K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.41 on a 1–5 scale) (22 analysts), mean target USD 93.5 (range 80–120).
- Total return with dividends: 1Y -7.8% vs S&P 500 +14.7%; 5Y -38.8% vs S&P 500 +77.5%.
- Next earnings: 2026-10-21, EPS estimate USD 0.7, revenue estimate $1.02B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CCI)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.34B | $6.99B | $4.73B | $4.46B | $4.26B | $4.16B |
| Gross profit | $4.39B | $4.96B | $2.80B | $2.65B | $4.15B | — |
| Operating income | $2.00B | $2.42B | $2.10B | $2.12B | $2.08B | $1.98B |
| Net income | $1.10B | $1.68B | $1.50B | -$3.90B | $444M | $862M |
| EPS (diluted) | $2.53 | $3.86 | $3.46 | -$8.98 | $1.01 | — |
| Free cash flow | $1.56B | $1.57B | $2.88B | $2.77B | $2.88B | $2.41B |
| Gross margin | 69.2% | 71.0% | 59.1% | 59.5% | 97.3% | — |
| Operating margin | 31.6% | 34.7% | 44.3% | 47.5% | 48.7% | 47.7% |
| Net margin | 17.3% | 24.0% | 31.7% | -87.5% | 10.4% | 20.7% |
| Revenue growth | +8.6% | +10.2% | -32.2% | -5.8% | -4.4% | — |
| Cash + short-term investments | $292M | $156M | $105M | $100M | $99.0M | — |
| Total debt | $20.7B | $22.5B | $23.8B | $24.7B | $27.1B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CCI)
P/E 43.7x · P/S 9.1x · EV/EBITDA 20.6x · EV/Sales 13.2x · P/FCF 15.7x · FCF yield 6.39% · Earnings yield 2.29% · Dividend yield (paid, TTM) 6.11% · Buyback yield (TTM) 2.58% · Net debt $17.2B · EV $54.9B
P/E at fiscal year-ends: Dec 2025 87.5x, Dec 2023 33.3x.
Insider sales (SEC Form 4, open-market, last ~7 months) (CCI)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-07 | Collins Robert Sean | Vice President and Controller | 1,500 | $114K | 19.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (CCI)
1 purchase, $74K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-05 | Stephens Kevin A | Director | 820 | $74K | 90.24 | Too little history (no open-market trades in 2024) |
Analysts (CCI)
Consensus Buy (mean 2.41 on a 1–5 scale), 22 analysts; mean target USD 93.5 (low 80, high 120).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | BMO Capital | Target lowered | Outperform | $93 → $91 |
| 2026-10-22 | TD Cowen | Target raised | Buy | $92 → $98 |
| 2026-09-30 | Barclays | Target raised | Overweight | $84 → $86 |
| 2026-09-14 | JP Morgan | Downgrade | Neutral → Underweight | $85 → $80 |
| 2026-08-20 | Barclays | Upgrade | Equal-Weight → Overweight | $92 → $84 |
| 2026-07-28 | Truist Securities | Target lowered | Hold | $95 → $87 |
| 2026-07-24 | Citigroup | Target lowered | Buy | $106 → $98 |
| 2026-07-24 | Citizens | Target lowered | Market Outperform | $125 → $120 |
| 2026-07-23 | JP Morgan | Target lowered | Neutral | $95 → $85 |
| 2026-07-23 | TD Cowen | Target lowered | Buy | $94 → $92 |
| 2026-07-23 | RBC Capital | Target lowered | Outperform | $92 → $90 |
Total return (dividends reinvested) (CCI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -7.8% | -38.8% |
| S&P 500 (SPY) | +14.7% | +77.5% |
| Per year | -7.8% | -9.3% |
| Volatility (annualized) | 35.0% | 29.5% |
| Max drawdown | -29.4% (Oct 2025→Oct 2026) | -59.5% (Dec 2021→Sep 2026) |
CCI suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Zayo Group Holdings | “•The restrictions and requirements imposed on our business and operations pursuant to certain covenants set forth in the Strategic Fiber Agreement and ancillary transaction agreements obligate us to generally conduct our business in a commercially reasonable manner and in all material respects in the ordinary course of business consistent with past practice and may prevent us from pursuing certain opportunities, e…” |
| Partner | T-Mobile (TMUS) | “On January 6, 2022, we entered into an agreement with T-Mobile that addressed the T-Mobile and Sprint network consolidation.” |
Quoted from the company's 10-K filed Feb 23, 2026.
CCI customer concentration
In the period ended Dec 31, 2025, 4 direct customers each accounted for at least 10% (89%, 40%, 27%, 22%) of revenue, per the company's 10-K filed Feb 23, 2026. The company does not name them.
CCI company outlook (results filed Oct 21, 2026)
- “(b) Reflects midpoint of previous full year 2026 Outlook as issued on July 22, 2026.”
Quoted word-for-word from the SEC 8-K results press release.
CCI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.70 | $0.70 | +1.0% | $1.02B | 8 |
| Next quarter (ends Mar 2027) | $0.71 | $0.69 | +3.4% | $1.01B | 5 |
| Current fiscal year (ends Dec 2026) | $2.24 | $2.29 | -1.8% | $4.03B | 7 |
| Next fiscal year (ends Dec 2027) | $2.94 | $2.91 | +1.2% | $4.10B | 10 |
CCI options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 37.2% | ±8.4% |
| Dec 18, 2026 | 56 | 37.4% | ±11.5% |
| Jan 15, 2027 | 84 | 36.2% | ±14.0% |
| Mar 19, 2027 | 147 | 36.4% | ±18.7% |
| Apr 16, 2027 | 175 | 36.1% | ±19.9% |
| Jun 17, 2027 | 237 | 34.8% | ±22.2% |
| Sep 17, 2027 | 329 | 34.7% | ±25.6% |
30-day implied volatility 37.2% vs 55.1% realized over the last 30 trading days. Put/call ratio (volume) 0.4. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 16:25 UTC)
| Price | USD 86.2 |
|---|---|
| Change | ▲ 9.34% (up) |
| Previous Close | USD 78.83 |
| Open | USD 91.02 |
| Day Range | USD 85.13 – 91.45 |
| 52-Week Range | USD 65.32 – 99.21 |
| Volume | 9,558,680 shares |
| Market Cap | $37.67B |
| Exchange | NYQ |
Technical Analysis (CCI)
Nexqual's technical model rates CCI "BUY" based on 5 bullish and 1 bearish signals across 128 daily candles, as of October 23, 2026 at 16:25 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 70.65 (overbought) |
| vs SMA50 | Above (USD 74.48) |
| MACD | 2.71 (positive) |
Analyst Ratings (CCI)
Wall Street analysts rate CCI "Buy" based on 22 analysts, with a mean price target of USD 93.5 (range USD 80–120), per Nexqual as of October 23, 2026 at 16:25 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 22 |
| Mean Target | USD 93.5 |
| High Target | USD 120 |
| Low Target | USD 80 |
| Buy / Hold / Sell | 12 / 9 / 1 |
Earnings (CCI)
| Next Earnings Date | 2026-10-21 |
|---|---|
| EPS Estimate | USD 0.7 |
| Revenue Estimate | $1.02B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.67 vs est 0.69 ▼ miss |
| 2026-06-30 | USD 0.69 vs est 0.51 ▲ beat |
| 2026-03-31 | USD 0.5 vs est 0.47 ▲ beat |
| 2025-12-31 | USD 0.63 vs est 0.58 ▲ beat |
Source: Nexqual, October 23, 2026 at 16:25 UTC.
Financials & Fundamentals (CCI)
| Total Revenue | $4.08B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -7.20% |
| Gross Margin | +73.68% |
| Operating Margin | +47.44% |
| Profit Margin | +20.13% |
| Current Ratio | 0.23 |
| Total Cash | $133.00M |
| Total Debt | $22.92B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.41B (57.8% of revenue) |
Source: Nexqual, October 23, 2026 at 16:25 UTC.
Financial Health Score (CCI)
Nexqual rates Crown Castle Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 16:25 UTC.
| Growth | Critical — Revenue -35% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 74%, operating 47% (last 12 months) |
| Balance Sheet | Mixed — $1.04B cash and investments vs $18.2B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $2.41B (last 4 quarters to Jun 2026, SEC), 58% margin |
| Efficiency | Mixed — No data |
Ownership (CCI)
| Insider Ownership | +0.10% |
|---|---|
| Institutional Ownership | +101.70% |
| Shares Outstanding | 437.00M |
| Float | 424.98M |
| Short % of Float | +2.67% |
Source: Nexqual, October 23, 2026 at 16:25 UTC.
Leadership (CCI)
Crown Castle Inc. is led by Christian H. Hillabrant, CEO, President & Director, per Nexqual as of October 23, 2026 at 16:25 UTC.
| CEO, President & Director | Christian H. Hillabrant |
|---|---|
| Executive VP & CFO | Sunit S. Patel C.F.A. |
| Principal Accounting Officer, Vice President & Controller | Robert Sean Collins |
| Vice President of Communications & Marketing | Fiona McKone |
Major Backers & Investors (CCI)
Notable institutional backers of Crown Castle Inc. include Cohen & Steers Inc., Wellington Management, Lazard Asset Management LLC, according to Nexqual as of October 23, 2026 at 16:25 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Cohen & Steers Inc. | 9.19% |
| Wellington Management | 4.07% |
| Lazard Asset Management LLC | 3.55% |
| Morgan Stanley | 2.31% |
| LAZARD FUNDS INC-Lazard Global Listed Infrastructure Portfolio | 1.68% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 15.61% |
| BlackRock | 10.32% |
| State Street | 5.41% |
| Geode Capital | 3.2% |
| Dimensional Fund Advisors | 1.5% |
Source: Nexqual, October 23, 2026 at 16:25 UTC.
From Crown Castle Inc.'s Latest SEC 10-K Filing (filed 2026-02-23)
Key Strengths & Strategy (as disclosed to the SEC)
- We acquired ownership interests or exclusive rights to the majority of our towers directly or indirectly from the largest U.S. wireless carriers (or their predecessors) through transactions consummated since 1999, including towers from (1) AT&T in 2013, (2) T-Mobile in 2012, (3) companies now part of T-Mobile in 2007, (4) companies now part of Verizon Wireless in 1999 and 2000 and (5) companies now part of AT&T in 1999 and 2000.
- State authorizations often allow us to deploy such infrastructure in locations where zoning restrictions might otherwise delay, restrict, or prevent building or expanding traditional wireless tower and rooftop sites.
Partnerships
- Pending the closing of the Strategic Fiber Transaction, we will continue to operate the Fiber Business in accordance with the Strategic Fiber Agreement.
Legal & Regulatory Risks (Item 1A, quoted)
- Risks Relating to Our REIT Status
- Risks Relating to Our Business and Industry
- Our business depends on the demand for our communications infrastructure (including towers, small cells and fiber), driven primarily by demand for data, and we may be adversely affected by any slowdown in such demand.
- The amount, timing, and mix of our tenants' network investment is variable and can be significantly impacted by the various matters described in these risk factors.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| IRM | Iron Mountain Incorporated (Del | USD 111.06 | ▲ 0.36% |
| SBAC | SBA Communications Corporation | USD 182.81 | ▲ 2.48% |
| DLR | Digital Realty Trust, Inc. | USD 171.21 | ▲ 0.16% |
| LAMR | Lamar Advertising Company | USD 156.54 | ▼ 0.62% |
| WY | Weyerhaeuser Company | USD 19.46 | ▼ 1.84% |
| AMT | American Tower Corporation (REI | USD 187.01 | ▲ 3% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 16:25 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt