Related posts

Oligopolies, duopolies, 3 telcos stocks examinedOil weakens marketsMixed day before U.S. Fed hike
Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Crown Castle International (CCI-N) is a high-quality cell tower company that has consistently raised dividends and had great growth over the past 15 years. However, the growth is slowing down, and higher interest rates are posing a challenge for the business. Despite the slowdown, it is a good time to buy as the shares are down, and the company is trading at its lowest valuation in years.

Consensus
Positive
Valuation
Undervalued
BUY

Pays a 6% dividend and shares are down, so it's good time to buy. He hasn't feel this way about it in ages.

Business Services
BUY
Secure US yield play.

About a 5.9% dividend yield. Beta a bit less than overall S&P 500.

Business Services
DON'T BUY

Great growth stock the past 15 years. Ownership of cellphone towers very profitable. However, growth slowing down. Higher interest rates also hard on business. 

Business Services
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

CCI operates as a cell tower company and is now trading at 13.4x times' EV/EBITDA (historical averages range from 13.4x to 26x in the last five years). In the last few years CCI’s growth in dividend payment has been quite consistent supported by growth in underlying cash flow. Growth was mainly through organic growth (price increase mostly) and the acquisition of other cell towers. Similar to other real estate names, the balance sheet is leveraged, with net debt of around $28.2B and net debt/EBITDA is 5.6x. CCI is a high-quality cell tower company that has consistently raised dividends. High interest rates are a near-term headwind for real estate companies in general (higher interest expense, lower trading multiple due to other attractive alternatives). Given that CCI is trading at its lowest valuation in years, we would be comfortable adding CCI here, though the stock may not start to perform until the current worry over interest rates abates somewhat. 
Unlock Premium - Try 5i Free

Business Services
PARTIAL BUY

Likes real estate, despite rising rates, because he thinks we're getting close to that terminal rate. Big pullback, but trying to stabilize. Speed of descent has slowed. Well established. Likes it longer term. Pick away at it. If it breaks below October lows, re-evaluate.

Business Services
DON'T BUY
The tower stocks don't pay enough of a dividend yield. Hold onto your cash.
Business Services
DON'T BUY
When rates go higher, people sell CCI. Also, there's been churn at CCI.
Business Services
BUY
Allan Tong’s Discover Picks Crown Castle which pays a higher 3.43% dividend, but trades at a higher 51.3x PE. In fact, CCI is worth a look as well, having beaten its last four quarters with its next earnings to be released on July 20. Both valuations may water the eys of some investors. Fair enough. However, AMT and CCI enjoy a duopoly. Read Oligopolies, duopolies, 3 telcos stocks examined for our full analysis.
Business Services
BUY
If you like 5G and increase in data consumption, you're better to buy the tower operators like AMT, CCI, and SBAC. All 3 are down on the year, but growth profile is robust.
Business Services
PAST TOP PICK
(A Top Pick Oct 27/20, Up 17%) US tower operator. A bit disappointed in revenue and margin growth. Will still benefit from 5G. He now prefers AMT and others. Still owns, but not accumulating.
Business Services
BUY
A totally US cell tower REIT, unlike AMT. They paused their dividend for a year to build its network in dense areas, and has now slashed its capital spending. The last quarter disappointed. Pays a 2.8% dividend, more than AMT, though CCI's stock performance lags AMT.
Business Services
BUY
Activist investor Elliott Management got involved with CCI last year. CCI shrugged off EM's proposed changes, but CCI appears to have taken their advice by making changes in the board suite, improving operations, raised dividend, added a new executive and building fiber in small-cell sites that provide more coverage in densely populated areas. CCI is up 8% in the last 6 months, so things have worked out for CCI, because EM's ideas contributed.
Business Services
BUY
As a 5G play A great growth opportunity in 5G, especially in millimetre-wave 5G, a frequency that allows very high internet speeds, which is hard to build out because of interference issues. For this, you need towers to host the equipment and small cells (many towers in dense urban areas). CCI is in a great spot, because they have the tower as well as small-cell business. Recently, CCI reported a strong quarter and raised their guidance. CCI is at the start of a long capex cycle for 5G and will benefit deeply.
Business Services
RISKY

In the EV space, CCX is less risky than Tesla. CC is a SPAC partnering with Lucid Motors and together they could be the next Tesla. CCX imploded last night, but it's now an opportunity.

Business Services
RISKY

He likes the CEO, and considers this a decent spec stock.

Business Services
Showing 1 to 15 of 31 entries

Crown Castle International(CCI-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 4

Stockchase rating for Crown Castle International is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Crown Castle International(CCI-N) Frequently Asked Questions

What is Crown Castle International stock symbol?

Crown Castle International is a American stock, trading under the symbol CCI-N on the New York Stock Exchange (CCI). It is usually referred to as NYSE:CCI or CCI-N

Is Crown Castle International a buy or a sell?

In the last year, 4 stock analysts published opinions about CCI-N. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Crown Castle International.

Is Crown Castle International a good investment or a top pick?

Crown Castle International was recommended as a Top Pick by on . Read the latest stock experts ratings for Crown Castle International.

Why is Crown Castle International stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Crown Castle International worth watching?

4 stock analysts on Stockchase covered Crown Castle International In the last year. It is a trending stock that is worth watching.

What is Crown Castle International stock price?

On 2024-04-19, Crown Castle International (CCI-N) stock closed at a price of $95.2.