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Last $82.26 USD
Change Today -0.30 / -0.36%
Volume 1.9M
CCI On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 6:40 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

crown castle intl corp (CCI) Snapshot

Open
$82.74
Previous Close
$82.56
Day High
$83.00
Day Low
$81.96
52 Week High
02/17/15 - $89.44
52 Week Low
08/4/14 - $72.53
Market Cap
27.5B
Average Volume 10 Days
2.3M
EPS TTM
$1.58
Shares Outstanding
333.8M
EX-Date
06/17/15
P/E TM
52.2x
Dividend
$3.28
Dividend Yield
3.42%
Current Stock Chart for CROWN CASTLE INTL CORP (CCI)

crown castle intl corp (CCI) Related Businessweek News

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crown castle intl corp (CCI) Details

Crown Castle International Corp., together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells). It provides access, including space or capacity to its towers, small cells, and third party land interests via long-term contracts in various forms, including license, sublease, and lease agreements. In addition, the company offers network services relating to wireless infrastructure, primarily consisting of antenna installations or subsequent augmentations, as well as site development services relating to wireless infrastructure. As of December 31, 2013, it owned, leased, or managed approximately 39,600 towers in the United States, including Puerto Rico; and approximately 1,700 towers in Australia. The company was founded in 1994 and is headquartered in Houston, Texas.

2,400 Employees
Last Reported Date: 02/19/15
Founded in 1994

crown castle intl corp (CCI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $934.8K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $489.9K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $487.4K
Executive Vice President and General Counsel
Total Annual Compensation: $450.0K
Chief Commercial Officer and Senior Vice Pres...
Total Annual Compensation: $416.3K
Compensation as of Fiscal Year 2014.

crown castle intl corp (CCI) Key Developments

Crown Castle International Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Year Ending December 31, 2015; Provides Earnings Guidance for the Third Quarter Ending September 30, 2015; Announces Asset Write-Down Charges for the Second Quarter Ended June 30, 2015

Crown Castle International Corp. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net revenues of $899.437 million against $878.242 million a year ago. Operating income was $658.706 million against $661.064 million a year ago. Income from continuing operations before income taxes was $162.382 million against $22.203 million a year ago. Income from continuing operations was $166.526 million or $0.47 per basic and diluted share against $25.304 million or $0.04 per basic and diluted share a year ago. Net income attributable to CCIC common stockholders was $1,142.363 million or $3.42 per diluted share against $23.012 million or $0.07 per basic and diluted share a year ago. Adjusted EBITDA for the second quarter of 2015 was $520.9 million against $509.5 million in the same period in 2013. Adjusted Funds from Operations (AFFO) was $342.4 million or $1.03 per share compared to $332.3 million or $1.00 per share in the second quarter of 2014. Funds from operations (FFO) was $40.8.1 million or $1.22 per share compared to $26.5 million or $0.78 per share in the second quarter of 2014. Total net debt was $10,796.4 million. Sustaining capital expenditures were $27.4 million against $11.8 million a year ago. For the six months period, the company reported net revenues of $1,799.908 million against $1,720.005 million a year ago. Operating income was $1,314.270 million against $1,263.620 million a year ago. Income from continuing operations before income taxes was $272.681 million against $112.388 million a year ago. Income from continuing operations was $278.260 million or $0.77 per basic and diluted share against $118.529 million or $0.29 per basic and diluted share a year ago. Net income attributable to CCIC common stockholders was $1,254.153 million or $3.76 per diluted share against $113.512 million or $0.34 per basic and diluted share a year ago. Net cash provided by operating activities was $918.878 million against $722.936 million a year ago. Capital expenditures were $420.883 million against $299.298 million a year ago. Payments for acquisition of businesses, net of cash acquired was $64.725 million against $85.788 million a year ago. Net debt as of June 30, 2015 was $10,796.4 million. Adjusted Funds from Operations (AFFO) was $708.1 million or $2.12 per share compared to $663.5 million or $1.99 per share in the same period of 2014. Funds from operations (FFO) was $765.0 million or $2.29 per share compared to $587.2 million or $1.76 per share in the same period of 2014. The company revised it's midpoint outlook of adjusted EBITDA for full year 2015 to $2,081 million from $2,153 million. The previous estimate is based on figures adjusted for the Australian unit sale. AFFO is estimated at $1,413 million or $4.23 per share against previous guidance of $1,458 million or or $4.37 per share. The company expects site rental revenues of $2,954 million against prior guidance of $3,075 million. For the full year ending December 31, 2015, the company expects Site rental revenues to be in the range of $2,949 million to $2,959 million; adjusted EBITDA to be in the range of $2,073 million to $2,088 million; interest expense and amortization of deferred financing costs to be in the range of $513 million to $528 million; FFO to be in the range of $1,463 million to $1,478 million; AFFO to be in the range of $1,405 million or $4.21 per share to $1,420 million or $4.25 per share; net income to be in the range of $1,463 million or $4.38 per diluted share to $1,542 million or $4.62 per diluted share; net income attributable to CCIC common stockholders to be in the range of $1,419 million or $4.25 per diluted share to $1,498 million or $4.49 per diluted share. For the third quarter ending September 30, 2015, the company expects Site rental revenues to be in the range of $740 million to $745 million; adjusted EBITDA to be in the range of $510 million to $515 million; interest expense and amortization of deferred financing costs to be in the range of $125 million to $130 million; FFO to be in the range of $347 million to $352 million; AFFO to be in the range of $341 million or $1.02 per share to $346 million or $1.04 per share; net income to be in the range of $90 million or $0.27 per diluted share to $123 million or $0.37 per diluted share; net income attributable to CCIC common stockholders to be in the range of $79 million or $0.24 per diluted share to $112 million or $0.34 per diluted share. For the second quarter of 2015, the company reported asset write-down charges of $3.620 million against $3.105 million last year.

Crown Castle International Corp. Presents at Wells Fargo Securities Telecom Symposium 2015, Jul-23-2015 02:50 PM

Crown Castle International Corp. Presents at Wells Fargo Securities Telecom Symposium 2015, Jul-23-2015 02:50 PM. Venue: The Plaza Hotel, New York, New York, United States. Speakers: Mike Kavanagh, President - Small Cell & Fiber Sales.

Crown Castle International Corp. to Report Q2, 2015 Results on Jul 22, 2015

Crown Castle International Corp. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 22, 2015

 

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Industry Analysis

CCI

Industry Average

Valuation CCI Industry Range
Price/Earnings 54.4x
Price/Sales 7.3x
Price/Book 3.7x
Price/Cash Flow 10.8x
TEV/Sales 4.3x
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