Wondering if Crown Castle is offering value at its current share price, or if it is a value trap? This article walks through what the numbers suggest without the hype.
The stock last closed at US$86.11, with a 1.4% gain over the past week, a 2.6% decline over the last month, a 2.9% decline year to date, a 0.8% return over 1 year, a 29.2% decline over 3 years, and a 33.4% decline over 5 years.
Recent attention on Crown Castle has been driven by ongoing interest in tower and infrastructure real estate investment trusts and how they fit into income focused portfolios. At the same time, longer term share price moves have kept investors focused on whether the current level fairly reflects the underlying assets and cash flows.
