Crown Castle Inc. reported Q2 EPS of $0.58, exceeding estimates, and raised its quarterly dividend to $1.565.

Ballentine Partners LLC increased its holdings in Crown Castle Inc. to 8,670 shares. The REIT reported Q2 earnings per share of $0.58, exceeding estimates, and declared a quarterly dividend of $1.565, yielding 5.33%. Institutional investors own 90.77% of the stock. Deutsche Bank raised its target price to $105, while Raymond James set a $126 target. Crown Castle has a market cap of $51.08 billion, P/E ratio of 36.73, and revenue of $1.63 billion.

September 10, 2024
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