Citizens Jmp Has Lowered Expectations for Crown Castle (NYSE:CCI) Stock Price

Crown Castle (NYSE:CCI) had its price objective cut by investment analysts at Citizens Jmp from $125.00 to $120.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “market outperform” rating on the real estate investment trust’s stock. Citizens Jmp’s target price would suggest a potential upside of 60.77% from the company’s previous close.

CCI has been the subject of a number of other reports. Raymond James Financial increased their price target on Crown Castle from $102.00 to $108.00 and gave the company a “strong-buy” rating in a research note on Thursday, April 23rd. TD Cowen cut their price objective on Crown Castle from $94.00 to $92.00 and set a “buy” rating for the company in a report on Thursday. BMO Capital Markets raised their target price on Crown Castle from $91.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Scotiabank decreased their target price on Crown Castle from $94.00 to $91.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 7th. Finally, Jefferies Financial Group lifted their target price on Crown Castle from $84.00 to $89.00 and gave the stock a “hold” rating in a report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Crown Castle currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.34.

Crown Castle Price Performance

Crown Castle stock opened at $74.64 on Friday. Crown Castle has a 12-month low of $73.75 and a 12-month high of $115.76. The stock has a market capitalization of $32.58 billion, a PE ratio of 37.89, a price-to-earnings-growth ratio of 0.39 and a beta of 0.95. The firm has a 50 day simple moving average of $84.61 and a 200-day simple moving average of $85.82.

Crown Castle (NYSE:CCI) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 EPS for the quarter, topping the consensus estimate of $0.47 by $0.55. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $995.41 million. Crown Castle had a negative return on equity of 63.77% and a net margin of 20.71%.The firm’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.10 earnings per share. On average, analysts forecast that Crown Castle will post 4.22 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Crown Castle

A number of hedge funds and other institutional investors have recently modified their holdings of CCI. Tema ETFs LLC increased its stake in Crown Castle by 16.3% in the 2nd quarter. Tema ETFs LLC now owns 9,191 shares of the real estate investment trust’s stock worth $696,000 after purchasing an additional 1,287 shares in the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of Crown Castle by 6.0% in the second quarter. Handelsbanken Fonder AB now owns 234,452 shares of the real estate investment trust’s stock worth $17,755,000 after buying an additional 13,205 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of Crown Castle by 14.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 3,133 shares of the real estate investment trust’s stock worth $237,000 after buying an additional 404 shares during the period. Everhart Financial Group Inc. increased its position in shares of Crown Castle by 2.7% in the second quarter. Everhart Financial Group Inc. now owns 5,856 shares of the real estate investment trust’s stock worth $443,000 after acquiring an additional 153 shares in the last quarter. Finally, Czech National Bank increased its position in shares of Crown Castle by 4.7% in the second quarter. Czech National Bank now owns 124,231 shares of the real estate investment trust’s stock worth $9,408,000 after acquiring an additional 5,630 shares in the last quarter. Institutional investors and hedge funds own 90.77% of the company’s stock.

Key Headlines Impacting Crown Castle

Here are the key news stories impacting Crown Castle this week:

• Positive Sentiment: Crown Castle reported Q2 FFO and AFFO above expectations, with stronger-than-expected cash flow helped by lower interest expense, which supports dividend and valuation stability. Crown Castle Q2 AFFO Beats Estimates on Lower Interest Expense
• Positive Sentiment: The company raised its 2026 outlook, including higher AFFO per share guidance, signaling management is more confident in the year ahead. Crown Castle Reports Second Quarter 2026 Results and Updates Outlook for Full Year 2026
• Positive Sentiment: Several analysts kept constructive ratings despite trimming targets, including TD Cowen and RBC, suggesting Wall Street still sees upside from current levels. Analyst price target changes
• Neutral Sentiment: Crown Castle is reshaping the business through asset sales, debt repayment, and more land investment, which may help long-term strategy but creates near-term uncertainty. Crown Castle Q2 AFFO Beats Estimates on Lower Interest Expense
• Negative Sentiment: GAAP EPS came in below analyst expectations, and site-rental revenue was pressured, keeping attention on slower top-line growth in the core business. Crown Castle Reports Second Quarter 2026 Results and Updates Outlook for Full Year 2026
• Negative Sentiment: Despite the improved outlook, multiple firms lowered price targets, including JPMorgan, which cut its target to $85 from $95, reflecting continued caution around the stock. Analyst price target changes

Crown Castle Company Profile

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.