Market Update (NYSE:CCI): Crown Castle Announces Fourth Quarter 2015 Earnings Release and Conference Call Schedule

[GlobeNewswire] – HOUSTON, Jan. 07, 2016– Crown Castle International Corp. announced today that it plans to release its fourth quarter 2015 results on Wednesday, January 27, 2016, after the market closes. In conjunction … Read more on this. Crown Castle International Corp. (CCI) , valued at $28.12B, opened this morning at $85.43. Looking at the equity, the company’s one day range is $83.66 to $85.78 with the price of the stock fluctuating between $75.78 to $89.44 over the last 52 weeks. CCI shares are currently priced at 19.92x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 23.59x earnings multiple for the same period. The company pays shareholders $3.54 per share annually in dividends, yielding 4.09%. According to a consensus of 11 analysts, the earnings estimate of $1.10 per share would be $0.06 better than the year-ago quarter and a $0.03 sequential increase. Investors should also note that the full-year EPS estimate of $4.34 is a $0.15 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $927.92 Million. If realized, that would be a 4.10% decrease over the year-ago quarter. More recently, Citigroup upgraded CCI from Neutral to Buy (Jul 22, 2015). Previously, Raymond James upgraded CCI from Mkt Perform to Outperform. The average price target for CCI shares by the analysts covering it is $95.38, which is 11.65% above where the stock opened. See more in (NYSE:CCI) Similar Articles: Market Update: Crown Castle International Corp (NYSE:CCI) – Bulls Eye Crown Castle (CCI) Stock Ahead of Today’s Earnings Release Stock Update (NYSE:CCI): Crown Castle Announces Third Quarter 2015 Earnings Release and Conference Call Schedule Stock Update: Crown Castle International Corp (NYSE:CCI) – Crown Castle to Present at the Bank of America Merrill Lynch 2015 Media, Communications & Entertainment Conference