Crown Castle International Corp.

Crown Castle International is a holding company. Through its subsidiaries, the company owns, operates and leases shared communications infrastructure that is geographically dispersed throughout the U.S., including towers and other structures, such as rooftops (collectively, towers), and fiber primarily supporting small cell networks (small cells) and fiber solutions. The company's towers, fiber and small cells assets are collectively referred to herein as communications infrastructure. The company's core business is providing access, including space or capacity, to its shared communications infrastructure via long-term contracts in various forms, including lease, license, sublease and service agreements.
  • TickerCCI
  • ISINUS22822V1017
  • ExchangeNew York Stock Exchange
  • SectorReal Estate Investment Trusts
  • CountryUnited States

Analysts

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

Crown Castle International Corp.: Strong liquidity and organic growth, but leverage remains at the higher end of target range

Our credit view of CCI, reflecting its strong position as one of the leading providers of wireless infrastructure in the US, robust cash flows, offset by high leverage, tenant concentration

American Tower Corporation: For wireless tower REITs, T-Mobile/Sprint merger is credit negative, although mitigants would soften the effect

The proposed merger of T-Mobile and Sprint would result in an increased churn and temper organic growth rates for the tower REITs, but other factors would help reduce the negative effect.

Crown Castle International Corp.: Update following outlook change to stable

Our credit view of CCI, reflecting its strong competitive position and robust cash flows counterbalanced by high leverage and tenant concentration.

Valens Research

Valens Credit Weekly Insights - 2018 03 14

Valens Credit Research Team highlighted ideas for FCX, RIG, and URI. They have also provided recent analyses for AKS and CCI, while CYH topped the quantitative outlier report for the week.

Crown Castle International Corp.: Update Following Recent Outlook Change to Negative

FINANCIAL INSTITUTIONS CREDIT OPINION 25 July 2017 Update RATINGS Crown Castle International Corp. Domicile Houston, Texas, United States Long Term Rating Baa3 Type Senior Unsecured - Dom Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Dilara Sukhov, CFA 212-5

Valens Research

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HCA currently trades near historical averages relative to UAFRS-based (Uniform) Earnings, with a 14.6x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to decline from 15% in 2018 to 10% in 2023, accompanied by 3% Uniform Asset growth going forward. That said, analysts have less bearish expectations, projecting Uniform ROA to remain at 15% levels through 2020, accompanied by 2% Uniform Asset growth. Meanwhile, management is confident in their case mix index and Medicare revenue growth, debt issuance, and the benefits of their service offerings. Should HCA jus...

Jonathan Moreland

InsiderInsights Weekly Tables: April 27, 2019

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

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InsiderInsights Daily Ratings Report: April 25, 2019

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Matthew Dolgin

Morningstar | Crown Castle Meets Expectations in 1Q, but We Think It Needs to Do Better to Justify Valuation

Crown Castle's first-quarter results were in line with its 2019 outlook, which it maintained following the quarter. While the firm's reported revenue, net income, and AFFO all exceeded consensus, the outperformance relative to our first-quarter projections is entirely attributable to higher tower-services revenue, a figure that is historically choppy and not a core driver of the long-term growth story. Site rental revenue and margins, which are the keys to Crown's fortunes, were in line with our expectations. Crown continues to meet its targets, and the stock's upward trajectory has left it we...

Matthew Dolgin

Crown Castle Meets Expectations in 1Q, but We Think It Needs to Do Better to Justify Valuation

Crown Castle's first-quarter results were in line with its 2019 outlook, which it maintained following the quarter. While the firm's reported revenue, net income, and AFFO all exceeded consensus, the outperformance relative to our first-quarter projections is entirely attributable to higher tower-services revenue, a figure that is historically choppy and not a core driver of the long-term growth story. Site rental revenue and margins, which are the keys to Crown's fortunes, were in line with our...

1 director sold

A director at Crown Castle International Corp sold 1,200 shares at 125.186USD and the significance rating of the trade was 54/100. 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 the last two years clearly showing Close periods where trading activity is restricted under listing rules. T...

Chris Hoare ...
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Global TMT: CCI, AMX, DTAC, Digi, Softbank, TKA Chris Hoare 0 chris @newstreetresearch.com

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ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

ValuEngine Rating and Forecast Report for CCI

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