Houston, Texas-based Crown Castle Inc. (CCI) is a real estate investment trust (REIT) that owns, operates, and leases communications infrastructure, including cell towers, small cells, and fiber networks. Valued at a market cap of $45.8 billion, the company supports wireless carriers and broadband providers by enabling mobile data, 5G deployment, and high-speed connectivity.
This specialty REIT has underperformed the broader market over the past 52 weeks. CCI has declined 6.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.1%. Nonetheless, on a YTD basis, the stock is up 16%, outpacing SPX’s 7.9% return.
