Simply Wall Street Earnings
Crown Castle (CCI) Affirms Its Dividend, Is The 21% Undervaluation Case Convincing?
Crown Castle (CCI) has affirmed its quarterly cash dividend of $1.0625 per share, despite recent share price underperformance. While the company is currently seen as 21% undervalued based on a narrative suggesting value creation from selling its fiber segment and focusing on towers, it trades at a higher P/E ratio (30.1x) compared to peers (21.8x). Investors are advised …