There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Crown Castle Inc. (CCI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.30, or -0.82%, to $157.09. Volume reached 30,309 shares, with price reaching a high of $157.09 and a low of $157.09. The stock was recently discussed on Yahoo Finance as it revealed that Crown Castle to Present at the Goldman Sachs 2022 Communacopia Conference.
This NYSE-listed company operates within the REIT – Specialty industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $157.09 and fluctuated between $159.04 as its day high and $156.14 as its day low. The current market capitalization of Crown Castle Inc. is $67.35B. A total of 1.79 million shares were traded on the day, compared to an average of 1.43M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, CCI has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 699 and the disposition of 0 shares. Over the last 12 months, there were 61 BUYs and 18 SELLs from insiders. Insiders purchased 331,875 shares during that period but sold 153,719.
In the most recent transaction, Stephens Kevin A bought 699 shares of CCI for 173.60 per share on Jul 22. After the transaction, the Director now owns 10,703 company shares. In a previous transaction on May 03, Collins Robert Sean sold 1,000 shares at 185.44 per share. CCI shares that Vice President and Controller owns now total 10,082.
Among the insiders who sold shares, Collins Robert Sean disposed of 1,000 shares on May 03 at a per-share price of $185.44. This resulted in the Vice President and Controller holding 10,082 shares of CCI after the transaction. In another insider transaction, Kavanagh Michael Joseph sold 5,000 shares at $191.02 per share on Apr 29. Company shares held by the EVP & Chief Commercial Officer now total 73,670.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Crown Castle Inc. pays an annual dividend of $5.88, resulting in a dividend yield of 3.74%, and it has a price to earnings (P/E) ratio of 44.10. CCI’s most recent ex-dividend date was 09/14/2022 when it declared a $1.47 quarterly dividend that was paid in cash on 09/30/2022. Previously, the company paid the dividend on 06/30/2022 with an ex-dividend date of 06/14/2022. The dividend was $1.47 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CCI in the last 3 months, the mean price target is $196.50 with high estimates of $230.00 and low estimates of $162.00. In terms of 52-week highs and lows, CCI has a high of $209.87 and a low of $153.70.
As of this writing, CCI has an earnings estimate of $1.76 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.78 per share and a lower estimate of $1.73. The company reported an EPS of $1.8 in the last quarter, which was 5.26% higher than expectations of $1.71.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 20 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CCI is Sell with a score of 4.08. A total of 10 analysts rated the stock as Buy while 2 rated it as Overweight while 6 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.