Previous Close | 99.88 |
Open | 99.88 |
Bid | 98.94 x 800 |
Ask | 99.86 x 2200 |
Day's Range | 98.90 - 100.03 |
52 Week Range | 84.72 - 119.50 |
Volume | |
Avg. Volume | 2,937,201 |
Market Cap | 43.239B |
Beta (5Y Monthly) | 0.77 |
PE Ratio (TTM) | 31.10 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 6.26 (6.29%) |
Ex-Dividend Date | Mar 14, 2024 |
1y Target Est | N/A |
Crown Castle co-founder Ted Miller suffered a setback on Friday when a prominent proxy advisory firm urged investors to back the wireless tower owner's director nominees instead of the four people he wants shareholders to elect to the board. Institutional Shareholder Services (ISS) wrote there is "no case for incremental change at this juncture" after prominent activist investor Elliott Investment Management pushed for changes late last year and the company took quick action. Crown Castle, with a market value of $43 billion, now has a new chief executive officer, is reviewing the future of its fiber business and added new directors, including Elliott portfolio manager Jason Genrich.
Crown Castle's (CCI) efforts to augment its tower business and fiber and small cells bode well amid rising wireless connectivity usage despite industry consolidation and high interest rate woes.
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