Crown Castle Reports Third Quarter 2021 Results, Provides Outlook for Full Year 2022 and Announces 11% Increase to Common Stock Dividend
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
Crown Castle (CCI) PT Lowered to $183 at Goldman Sachs
October 22, 2021 8:56 AM EDTGoldman Sachs analyst Brett Feldman lowered the price target on Crown Castle (NYSE: CCI) to $183.00 (from $190.00) while maintaining a Neutral rating following results.
Ongoing tower strength offset by small cell weakness... MoreCrown Castle (CCI) Tops Q3 EPS by 5c
October 20, 2021 4:17 PM EDTCrown Castle (NYSE: CCI) reported Q3 EPS of $0.81, $0.05 better than the analyst estimate of $0.76. AFFO was $1.77.
"We delivered strong results in the third quarter and increased our annualized common stock dividend by approximately 11% to $5.88 per share," stated Jay Brown, Crown Castles Chief Executive Officer. "The dividend increase is supported by the expected combined growth in 2021 and 2022, and represents the second-consecutive year of dividend growth that meaningfully exceeds our long-term growth target of 7% to 8% per year. We are generating this level of growth as a result of a robust tower leasing... More
