Crown Castle to release Q4 results on March 13, expected earnings at 40 cents. Projected revenue drop to $1.64 billion, slightly lower than last year's $1.67 billion. Dividend yield currently at 6.57%, offering potential monthly income for investors. Citigroup lowered CCI's price target from $128 to $106, maintains Buy rating. Shares fell 2.4% recently, closing at $95.29.
TPG in talks to buy CCI's fiber business for $8 billion. Deal expected soon; discussions may not succeed or face competition. Crown Castle focuses on core tower business with 40,000+ towers. Recent stock performance shows CCI down 6% vs 1.7% industry growth. Other top REITs include Highwoods Properties and Alexander’s.