CCI News and Press, Crown Castle International Corp. From 04/29/23

2023-04-29 03:17:04 ET Summary The U.S. appears to be harboring the worst of both worlds, high inflation on the one hand, and a slowing economy on the other. At the same time, 5G-related equipment installations at American Tower and Crown Castle had already reached the 50% mark at...

2023-04-26 17:55:12 ET Summary Both down more than 35%. Both get bullish outlooks. These REITs are my portfolio. I want to highlight two REITs that were left in the rubbish pile. To get included in this list, the REIT must be down substantially from its 52-week high. Tha...

2023-04-25 10:32:31 ET Summary CCI's small cell business is a nice growth differentiator. However, the company faces headwinds in 2025 from the T-Mobile-Sprint merger. The stock looks like a solid "Hold" at the moment. Crown Castle's ( CCI ) small cell strategy s...

2023-04-25 10:00:00 ET Summary Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. This report discusses the major high-level themes and metrics we'll...

2023-04-25 07:10:00 ET Crown Castle (NYSE: CCI) has been a strong dividend growth stock since converting to a real estate investment trust (REIT). Since 2016, the communications-infrastructure REIT has grown its payout at a 9% compound annual rate. The company believes it can ...

2023-04-25 03:20:31 ET Summary I started coverage on Crown Castle in February. Since then the stock has dropped by about 10%. Last week it reported Q1 2023 earnings. Beyond the Sprint-related cancellations and higher interest expense, organic growth has remained solid. Dividen...

2023-04-24 17:54:39 ET Crown Castle ( NYSE: CCI ) said it had announced public offering of 4.800% senior notes due 2028 and 5.100% senior notes due 2033 in aggregate principal amounts of $600M and $750M, respectively. The Senior Notes due 2028 will have an interest rate of 4.8...

2023-04-24 09:40:00 ET Summary CCI pursues a different strategy compared to its peers due to its focus on small cells in addition to towers. It recently posted respectable Q1 results and management sees plenty of potential with the 5G rollout. The market has already baked in s...

2023-04-24 09:07:37 ET Crown Castle ( NYSE: CCI ) commenced a public offering of one or more series of senior notes, subject to market and other conditions. Net proceeds from this offering (1) to repay outstanding indebtedness under its existing revolving credit facility ...

2023-04-24 08:30:00 ET Summary CCI suffers from two headwinds right now: Sprint lease cancellations and rising interest expenses from some floating rate debt. I argue that both of these headwinds are temporary rather than permanent. Mobile data demand is projected to continue ...