Crown Castle(CCI)
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Crown Castle (CCI) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks Investment Research· 2024-03-07 00:01
Crown Castle (CCI) closed at $112.07 in the latest trading session, marking a +0.45% move from the prior day. The stock lagged the S&P 500's daily gain of 0.51%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.58%.The the stock of operator of wireless communications towers has risen by 3.63% in the past month, lagging the Finance sector's gain of 4.57% and overreaching the S&P 500's gain of 2.94%.The upcoming earnings release of Crown Castle will be of ...
Crown Castle Comments on Self-Serving, Unfounded Litigation Brought by Ted Miller
Newsfilter· 2024-03-05 14:58
HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or the "Company") today commented on the self-serving litigation brought by Ted Miller and Boots Capital Management. The lawsuit brought by Mr. Miller is without merit and underscores that his activism campaign against Crown Castle is focused on his own self interests. These interests include, among other things, the appointment to the Board of himself and three of his handpicked nominees (including his son-in-law), and ...
Crown Castle Co-Founder Ted B. Miller Issues Statement on Crown Castle's Rewrite of Cooperation Agreement with Elliott
Prnewswire· 2024-03-04 17:02
New Agreement Reflects Crown Castle Acknowledgement That Elliott Cooperation Agreement Process was Tainted and is Unlawful Elliott Still Not Required to Retain Equity Ownership in Company, Which Continues to Misalign Incentives with Long-Term Interests of Company and Shareholders Miller Will Continue to Pursue Delaware Litigation Calls on Shareholders To Demand Crown Castle Board Add Four Highly Qualified Nominees HOUSTON, March 4, 2024 /PRNewswire/ -- Ted B. Miller, co-founder of Crown Castle Inc. (NYSE: C ...
Why Crown Castle (CCI) Outpaced the Stock Market Today
Zacks Investment Research· 2024-03-01 00:01
Crown Castle (CCI) closed at $109.94 in the latest trading session, marking a +1.26% move from the prior day. This change outpaced the S&P 500's 0.52% gain on the day. Meanwhile, the Dow gained 0.12%, and the Nasdaq, a tech-heavy index, added 0.9%.The operator of wireless communications towers's stock has climbed by 0.3% in the past month, falling short of the Finance sector's gain of 2.95% and the S&P 500's gain of 3.85%.Investors will be eagerly watching for the performance of Crown Castle in its upcoming ...
Why Is Crown Castle (CCI) Down 2.6% Since Last Earnings Report?
Zacks Investment Research· 2024-02-23 17:36
It has been about a month since the last earnings report for Crown Castle (CCI) . Shares have lost about 2.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Crown Castle due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Crown Castle's Q4 AFFO and Revenues Beat Es ...
Crown Castle (CCI) Rises But Trails Market: What Investors Should Know
Zacks Investment Research· 2024-02-23 00:01
In the latest trading session, Crown Castle (CCI) closed at $107.97, marking a +0.26% move from the previous day. The stock's change was less than the S&P 500's daily gain of 2.11%. Meanwhile, the Dow experienced a rise of 1.18%, and the technology-dominated Nasdaq saw an increase of 2.96%.Shares of the operator of wireless communications towers have appreciated by 2.02% over the course of the past month, underperforming the Finance sector's gain of 3.61% and the S&P 500's gain of 3.08%.Investors will be ea ...
Crown Castle(CCI) - 2023 Q4 - Annual Report
2024-02-22 16:00
| --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------|-------------------------|-----------|-------------------------------|---------|-------------------------------|--------------------------------|------------------------------------------------------------| | | Original \nIssue Date | | Contractual \nMaturity Date | | Outstanding December \n2023 | Balance as of 31, \n2022 | Stated Interest Rate as of December 31, \n(a) 2023 | | Secured Notes, Ser ...
Crown Castle Declares Quarterly Common Stock Dividend
Newsfilter· 2024-02-21 21:15
HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend is payable on March 28, 2024 to common stockholders of record at the close of business on March 15, 2024. Future dividends are subject to the approval of Crown Castle's Board of Directors. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 40,000 cell towers and approxima ...
Crown Castle co-founder launches proxy fight after being rebuffed from Elliott effort
CNBC· 2024-02-20 17:00
A co-founder of telecommunications company Crown Castle has nominated a rival slate of directors to the firm's board, muddying the waters months after activist investor Elliott Management and Crown Castle signed a cooperation agreement.Ted Miller, who helped launch the company in 1994, along with his investment vehicle Boots Capital presented his thesis to investors in a release Tuesday, urging the company to sell its fiber business and improve operational efficiency.The slate of four directors he's nominat ...
Crown Castle Inc. Founder Ted B. Miller Leads Slate of Four Highly Qualified Directors for Board of Crown Castle Inc.
Prnewswire· 2024-02-20 13:15
Miller and Nominees Are Committed To Restoring Urgency, Operational Excellence and Shareholder Confidence in Crown CastleMiller and Nominees Bring a Detailed Plan for Optimizing Crown Castle's Fiber Assets, and Materially Improving Operations, Go-To-Market Strategy and Customer InnovationStrategic Plan Financial Targets:AFFO After Discretionary Capex of $2.2 Billion by 2025Drive EBITDA Margin Per Tower From 70% Toward 75-80%, In Line With Crown Castle's Peers American Tower and SBAA Highly Sustainable Divid ...