Crown Castle International Corp.

Symbol: CCI
CIK: 1051470
Exchange: NYSE
Founded: 1994 (25 years)
HQ: Houston, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Infrastructure

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See CCI on SEC.gov

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Overall Score: 8.4

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REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day December 6, 2019


Open Price: $134.76
Closing Price: $135.46
Price Change: 0.46 (0.341%)
Lowest Price: $134.3
Highest Price: $135.69

52-Week Low: $103.21
52-Week High: $149.47
52-Week Change: 15.32%

5 Day Price Change: 1.00%
1 Month Price Change: 0.81%
3 Month Price Change: -7.81%
6 Month Price Change: -0.04%
YTD Price Change: 27.42%
1 Year Price Change: 14.92%
2 Year Price Change: 24.07%
5 Year Price Change: 70.30%

Dividend of Trading Day December 6, 2019


Dividend Yield: 3.543%*
Annualized Dividend: $4.8*
Dividend Yield (TTM): 3.322%
Annualized Dividend (TTM): $4.5
Ex Dividend Date: 2019-09-12
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes.

Latest News Headlines


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Funds From Operations (FFO)


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Key Stats of Trading Day December 6, 2019


Total Cash: $408,000,000
Current Debt: $107,000,000
Revenue: $5,354,000,000
Gross Profit: $2,048,000,000
Total Revenue: $5,354,000,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $2,965,000,000
Revenue Per Share: $13
Revenue Per Employee: $1,070,800
Employee: 5,000
Debt to Equity Ratio (D/E): 1.39
Profit Margin: 0.13%
Enterprise Value (EV): $72,593,933,280
Enterprise Value to Revenue (EV/R): 13.56
Price to Sales (P/S): 10.52
Price to Book (P/B): 4.68
Peg Ratio: 0.90
P/E Ratio: 67.90
P/E High: 75.49
P/E Low: 52.13
Forward P/E Ratio: 67.39
Market Capitalization: $56,319,933,280
Beta: 0.39
Latest Volume: 1,535,703.00
Avg. Total Volume: 2,193,354
Avg. 10 Volume: 2,246,642.20
Avg. 30 Volume: 2,193,354.03
TTM EPS: 1.99
TTM Dividend Rate: 4.50
Shares Outstanding: 415,768,000
Float: 413,986,434.12
50-Day Moving Avg.: 136.12
200-Day Moving Avg.: 132.79

Latest REIT Community Comments on #CCI


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Properties Owned by CCI


Properties owned:
40000
Types:
3
States:
48
Countries:
1
Sample of REIT’s Properties (Image Source - REIT’s website) | See more pictures
CCI Sample Property
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Dividend History


Below are the most recent cash dividends paid by CCI, and the Ex-Dividend Date of the dividend. The percent difference from one dividend payment to the next has also been calculated for your convenience.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date

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Financial Statements Overview

Balance Sheet (Quarterly)

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Current Cash 0 0 403,000,000 408,000,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 0 5,000,000 5,000,000
Property, Plant & Equipment Net 20,528,000,000 20,204,000,000 13,883,000,000 13,676,000,000
Goodwill 10,078,000,000 10,078,000,000 10,078,000,000 10,078,000,000
Intangible Assets 4,968,000,000 5,074,000,000 5,178,000,000 5,516,000,000
Other Assets 370,000,000 385,000,000 6,313,000,000 1,216,000,000
Net Tangible Assets 1,247,000,000 1,445,000,000 1,668,000,000 -16,403,000,000
Total Assets 38,344,000,000 38,147,000,000 37,778,000,000 32,797,000,000
Accounts Payable 0 0 0 0
Liabilities (Other) 3,393,000,000 3,726,000,000 8,912,000,000 3,977,000,000
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 100,000,000 98,000,000 96,000,000 107,000,000
Long-term Debt 23,230,000,000 22,898,000,000 17,120,000,000 16,575,000,000
Total Liabilities 27,019,000,000 26,624,000,000 26,032,000,000 20,763,000,000
Minority Interest 0 0 0 0
Common Stock 416,000,000 4,000,000 4,000,000 4,000,000
Retained Earnings -6,503,000,000 -6,277,000,000 -6,022,000,000 -5,732,000,000
Treasury Stock 0 0 0 0
Capital Surplus 17,829,000,000 17,801,000,000 17,769,000,000 17,767,000,000
Shareholder Equity 11,325,000,000 11,523,000,000 11,746,000,000 12,034,000,000

Income Statement (Quarterly)

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Total Revenue 1,514,000,000 1,478,000,000 1,426,000,000 1,419,000,000
Cost of Revenue 905,000,000 896,000,000 880,000,000 878,000,000
Gross Profit 609,000,000 582,000,000 546,000,000 541,000,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 1,055,000,000 1,051,000,000 1,032,000,000 1,023,000,000
Operating Income 286,000,000 258,000,000 394,000,000 396,000,000
Income Expense Net (Other) -9,000,000 -8,000,000 -178,000,000 -178,000,000
EBIT 286,000,000 258,000,000 394,000,000 396,000,000
Interest Income 173,000,000 169,000,000 168,000,000 164,000,000
Pretax Income 277,000,000 250,000,000 216,000,000 218,000,000
Income Tax 5,000,000 4,000,000 6,000,000 5,000,000
Minority Interest 0 0 0 0
Net Income 272,000,000 246,000,000 210,000,000 213,000,000
Net Income Basic 244,000,000 218,000,000 182,000,000 185,000,000

Cash Flow

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Net Income 272,000,000 246,000,000 210,000,000 213,000,000
Depreciation 389,000,000 393,000,000 394,000,000 390,000,000
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change -104,000,000 21,000,000 -5,000,000 -40,000,000
Cash Flow 664,000,000 715,000,000 512,000,000 727,000,000
Capital Expenditures -540,000,000 -518,000,000 -480,000,000 -500,000,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 2,000,000
Total Investing Cash Flows -540,000,000 -521,000,000 -489,000,000 -514,000,000
Dividends Paid -499,000,000 -496,000,000 -505,000,000 -495,000,000
Net Borrowings 272,000,000 324,000,000 519,000,000 242,000,000
Cash Flow Financing -228,000,000 -173,000,000 -28,000,000 -253,000,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Crown Castle International Corp.


Crown Castle provides wireless carriers with the infrastructure they need to keep people connected and businesses running. With approximately 40,000 towers and 60,000 route miles of fiber supporting small cells following the completion of the Lightower acquisition, Crown Castle is the nation's largest provider of shared wireless infrastructure with a significant presence in the top 100 US markets.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
10 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 5.3
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.2
10 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.9
9 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.8
Rating AFFO & Efficiency Section Avg. Rating
10 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 8.7
7 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.7
7 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 7.1
9 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 7.9
Rating Leverage Section Avg. Rating
7 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 5.0
7 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 5.7
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
8 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 7.4
4 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.2
5 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.8
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.3
Rating Properties Section Avg. Rating
9 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
8.4 Overall REITRating™ Score 6.4

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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