Crown Castle International Corp vs Royal Bank of Canada — how do they compare? Crown Castle International Corp trades at $79.05 (market cap $34.85B), while Royal Bank of Canada trades at $215.06 (market cap $291.56B). The key difference: Royal Bank of Canada is far larger — about 8.4× Crown Castle International Corp's market cap, and Crown Castle International Corp pays the higher dividend (5.32%). Which is the better fit depends on your goals.
| CCI | RY | |
|---|---|---|
Market Cap | $34.85B | $291.56B |
Sector | Real Estate | Financials |
52-Week High | $113.91 | $214.04 |
52-Week Low | $74.92 | $128.46 |
Enterprise Value | $64.67B | — |
Dividend Yield | 5.32% | 2.42% |
Trailing returns across standard periods
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.
Read more on CCI →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →