Crown Castle announced its Q2 2026 financial results, highlighting a 10% increase in AFFO to $488 million despite a 4% decline in site rental revenues. The company completed the sale of its Fiber and Small Cell businesses for $8.4 billion, using proceeds to repay over $7 billion in debt and repurchase $1 billion in shares. Crown Castle updated its full-year 2026 outlook, raising AFFO guidance slightly and emphasizing its focus on operating efficiencies and a pure-play US tower strategy. The company aims to deliver strong long-term shareholder returns with a disciplined capital allocation and a solid balance sheet.
Crown Castle (CCI) presents an attractive investment opportunity due to improved organic growth, reduced challenges, and a discounted valuation trading at 16.7x 2026 AFFO despite projected AFFO/share growth from $4.36 in 2025 to $6.05 in 2030. The ma...
Crown Castle Inc. (CCI) has seen its stock price drop to levels last seen between 2014 and 2016 due to valuation compression and poor capital allocation decisions, including selling its fiber business for $8.5 billion, far below its $20 billion inves...
