News about Crown Castle

Skylands Capital LLC raised its stake in Crown Castle by 13.6% in the third quarter to 317,010 shares, worth $21,129,000 and about 2.7% of its portfolio, making it the firm's 6th largest holding. Crown Castle opened at $78.85 with a $33.55 billion market cap and a 52-week range of $65.32 to $100.50. Its latest quarterly results showed EPS of $1.24, above the $0.69 consensus, but revenue of $995.00 million fell 7.2% year over year and missed estimates of $1.01 billion. The analyst consensus rating is “Hold” with an average target price of $93.97, and the company pays a quarterly dividend of $1.0625 per share, a 5.4% yield.

Crown Castle (CCI) closed 1.42% lower at $78.50 on 21 October 2026, the day reports said the cell-tower landlord had beaten Wall Street's Q3 funds-from-operations estimates, after the stock had gained 17.74% over the prior 20 trading days. The article notes that coverage so far rests on press reports and the earnings call, with no Q3 10-Q filed yet to verify the FFO figure and consensus estimate. The most recent 10-Q, covering Q2 2026 and filed on 5 August 2026, showed net income of $94m and diluted EPS of $0.22, down from $151m and $0.34 in Q1. With the 10-year Treasury yield at 5.15% on 19 October 2026, up from 5.09%, non-GAAP metrics like FFO may be a harder sell to income-focused investors.