Crown Castle Inc. (8CW.F)
| Previous close | 92.53 |
| Open | 92.62 |
| Bid | 92.65 x N/A |
| Ask | 92.89 x N/A |
| Day's range | 92.62 - 92.82 |
| 52-week range | 80.82 - 111.20 |
| Volume | |
| Avg. volume | 32 |
| Market cap | 40.489B |
| Beta (5Y monthly) | 0.77 |
| PE ratio (TTM) | 31.25 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 5.79 (6.26%) |
| Ex-dividend date | 14 Mar 2024 |
| 1y target est | N/A |
- Reuters
Glass Lewis backs two dissident candidates in board fight with Crown Castle
Proxy advisory firm Glass Lewis on Tuesday recommended Crown Castle investors elect two activist director candidates, including the wireless tower owner's co-founder and former chief executive officer, Ted Miller, to the board. Miller, who ran Crown Castle between 1996 and 2002 and now heads investment firm Boots Capital, is pushing for four seats only months after the company, valued at $43 billion, reached an agreement with Elliott Investment Management and added new board members.
- Reuters
UPDATE 1-ISS backs Crown Castle nominees in board fight with co-founder Miller's Boots Capital
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.
- Zacks
Should You Retain Crown Castle (CCI) in Your Portfolio Now?
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.
