Crown Castle completed a major strategic shift by selling its Fiber and Small Cell assets, becoming a pure-play US tower REIT. The company used $8.4 billion from the sale to repay $7 billion in debt and buy back $1 billion in shares, significantly improving its financial health. Although the dividend was cut by 32%, Crown Castle still offers a 5.6% yield. However, the payout ratio remains above management's long-term target, which may limit dividend growth in the near term. Trading near 52-week lows and below analyst targets, the stock presents an attractive buying opportunity.
Crown Castle Inc. reported third quarter 2026 results with net income of $283 million, a 12% decrease from the previous year, and site rental revenues of $966 million, down 5%. Despite lower revenues, adjusted funds from operations (AFFO) rose 8% to ...
Crown Castle is set to report its Q3 2026 earnings with Wall Street expecting a 5.9% revenue decline to about $1.01 billion, mainly due to drops in site rental and services revenue. However, some forecasts predict a 7.1% rise in earnings per share to...
