|Bid||168.87 x 1400|
|Ask||169.10 x 800|
|Day's range||167.37 - 171.93|
|52-week range||146.15 - 204.62|
|Beta (5Y monthly)||0.44|
|PE ratio (TTM)||69.12|
|Earnings date||20 Oct 2021|
|Forward dividend & yield||5.32 (3.15%)|
|Ex-dividend date||14 Sep 2021|
|1y target est||198.83|
Despite a highly-leveraged balance sheet and customer concentration, Crown Castle (CCI) is well poised to witness elevated tower space demand amid high carrier network spending.
Indeed, investors in Crown Castle have already done very well, especially if you bought it as an IPO in 1998. Check out Matthew DiLallo’s “Is Crown Castle a Millionaire-Maker REIT?” for some more info along those lines.
Infrastructure is the backbone of the global economy. This spending by governments and corporations on infrastructure will benefit companies focused on operating and developing these assets. Three infrastructure stocks that stand out as ideally positioned to profit in 2021 and beyond are Atlantica Sustainable Infrastructure (NASDAQ: AY), Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), and Crown Castle (NYSE: CCI).