CCI Crown Castle International Corp

Crown Castle Declares Quarterly Preferred Stock Dividend

Crown Castle Declares Quarterly Preferred Stock Dividend

HOUSTON, March 13, 2020 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that the quarterly dividend on its 6.875% Mandatory Convertible Preferred Stock (“Preferred Stock”) will be paid May 1, 2020 to holders of record on April 15, 2020. The dividend will be paid in cash at a rate of $17.1875 per share of Preferred Stock.

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit .

CONTACT

Dan Schlanger, CFO

Ben Lowe, VP & Treasurer

Crown Castle International Corp.

713-570-3050

EN
13/03/2020

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Reports on Crown Castle International Corp

Crown Castle Inc: 4 directors

Four Directors at Crown Castle Inc sold 34,410 shares at between 106.370USD and 106.900USD. The significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over ...

Jonathan Chaplin
  • Jonathan Chaplin

CCI: Great asset at a great price; Buy ($125; +17%)

We upgraded CCI to buy from neutral last week with a conservative initial target of $125 (+17%; TR 21%).

Jonathan Chaplin
  • Jonathan Chaplin

CCI Model Update & Starting Valuation

This note covers changes to the model and establishes a starting valuation for the Company of $125 (+18%; total return of +22%). We are above the mid-point of guidance for 2025 and for AFFO post close. We expect Consensus estimates for both to increase (post close estimates should increase a lot). See our prior note on results and the rationale for our upgrade to Buy.

Jonathan Chaplin
  • Jonathan Chaplin

CCI 1Q25 Quick Take: Strong results; upgrade to Buy

Revenues beat estimates on better organic leasing and better services. Cash EBITDA beat handily, mostly on lower SG&A. AFFO beat handily too. Management didn’t change guidance. We think they are forecasting conservatively. We expect Consensus estimates to rise, landing above the mid-point of the current guidance range

 PRESS RELEASE

Crown Castle Reports First Quarter 2025 Results and Maintains Outlook ...

Crown Castle Reports First Quarter 2025 Results and Maintains Outlook for Full Year 2025 HOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the first quarter ended March 31, 2025 and maintains its full year 2025 Outlook, as reflected in the table below. (dollars in millions, except per share amounts)Current Full Year 2025 Outlook Midpoint(a) Full Year 2024 Actual Change % ChangeSite rental revenues(b)$4,010 $4,268 $(258) (6)%Net income (loss)$205 $(3,903) $4,108 N/ANet income (loss) per share—diluted$0.47 $(8.98) $9.45 N/A...

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