Crown Castle (CCI)

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(CCI) Director Matthew Thornton III Purchases 1,500 Shares
By: MarketBeat | February 11, 2021

Crown Castle International Corp. (REIT) (NYSE:CCI) Director Matthew Thornton III purchased 1,500 shares of the business's stock in a transaction dated Tuesday, February 9th. The shares were acquired at an average price of $163.03 per share, with a total value of $244,545.00. Following the completion of the acquisition, the director now owns 2,048 shares of the company's stock, valued at $333,885.44. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of CCI stock traded down $1.08 during trading hours on Thursday, hitting $162.00. 2,285,999 shares of the company's stock were exchanged, compared to its average volume of 2,187,911. The stock's 50-day moving average is $157.72 and its 200-day moving average is $161.79. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market cap of $69.87 billion, a price-to-earnings ratio of 101.93, a price-to-earnings-growth ratio of 1.18 and a beta of 0.30. Crown Castle International Corp. has a 52 week low of $114.18 and a 52 week high of $180.00.

Crown Castle International (NYSE:CCI) last issued its quarterly earnings results on Wednesday, January 27th. The real estate investment trust reported $2.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.75. Crown Castle International had a return on equity of 7.57% and a net margin of 13.09%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the firm posted $0.43 earnings per share. The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. Equities research analysts forecast that Crown Castle International Corp. will post 5.76 earnings per share for the current fiscal year.

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