Top-Rated StocksTop-RatedNASDAQ:SBAC SBA Communications (SBAC) Stock Forecast, Price & News $224.27 -1.38 (-0.61%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$223.22▼$228.0450-Day Range$220.69▼$265.3552-Week Range$218.61▼$356.59Volume576,294 shsAverage Volume792,453 shsMarket Capitalization$24.30 billionP/E Ratio65.58Dividend Yield1.52%Price Target$322.93 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SBA Communications MarketRank™ ForecastAnalyst RatingModerate Buy2.94 Rating ScoreUpside/Downside44.0% Upside$322.93 Price TargetShort InterestHealthy1.17% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment1.34Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth6.22%From $11.74 to $12.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.85 out of 5 starsFinance Sector173rd out of 850 stocksReal Estate Investment Trusts Industry20th out of 188 stocks 3.5 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Buy. The company's average rating score is 2.94, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $322.93, SBA Communications has a forecasted upside of 44.0% from its current price of $224.27.Amount of Analyst CoverageSBA Communications has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.17% of the float of SBA Communications has been sold short.Short Interest Ratio / Days to CoverSBA Communications has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SBA Communications has recently decreased by 17.22%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of SBA Communications is 99.42%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, SBA Communications will have a dividend payout ratio of 27.27% next year. This indicates that SBA Communications will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSBA Communications has received a 45.29% net impact score from Upright. The largest positive contribution comes from its "Relationships" impact, which is mostly driven by its "Rural area cellular networks", "Urban area cellular networks", and "Mobile consumer internet provision" products. See details.Environmental SustainabilityThe Environmental Impact score for SBA Communications is -1.23. Previous Next 2.4 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for SBA Communications this week, compared to 5 articles on an average week.Search InterestOnly 1 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SBA Communications insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of SBA Communications is held by insiders.Percentage Held by Institutions93.54% of the stock of SBA Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to grow by 6.22% in the coming year, from $11.74 to $12.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 65.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.33.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 65.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.69. Previous Next See Top Rated MarketRank™ Stocks Here About SBA Communications (NASDAQ:SBAC) StockSBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment is involved in consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.Read More Receive SBAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SBA Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address SBAC Stock News HeadlinesMay 30, 2023 | americanbankingnews.comSBA Communications Co. (NASDAQ:SBAC) Short Interest UpdateMay 24, 2023 | americanbankingnews.comSBA Communications Co. Announces Quarterly Dividend of $0.85 (NASDAQ:SBAC)June 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 22, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on SBA Communications (NASDAQ:SBAC)May 20, 2023 | americanbankingnews.comSBA Communications Co. (NASDAQ:SBAC) to Post Q2 2023 Earnings of $2.92 Per Share, Zacks Research ForecastsMay 18, 2023 | msn.comBarclays Maintains SBA Communications Corp - (SBAC) Overweight RecommendationMay 18, 2023 | americanbankingnews.comBrokerages Set SBA Communications Co. (NASDAQ:SBAC) Price Target at $324.53May 17, 2023 | markets.businessinsider.comExpert Ratings for SBA CommsJune 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. 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Learn more here >>>May 17, 2023 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) PT Lowered to $306.00 at BarclaysMay 17, 2023 | msn.comSBA Communications: Revenues Peaking, Need For Reinvention, And A HoldMay 10, 2023 | msn.comKeeping The Strong Buy On SBA CommunicationsMay 10, 2023 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) PT Lowered to $290.00 at Royal Bank of CanadaMay 9, 2023 | msn.comRBC Capital Maintains SBA Communications Corp - (SBAC) Outperform RecommendationMay 8, 2023 | marketwatch.comSBA Communications Corp. stock falls Monday, underperforms marketMay 8, 2023 | technews.tmcnet.comSBA Communications Corporation to Speak at the JP Morgan 51st Annual Global Technology, Media and Communications ConferenceMay 8, 2023 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Given New $300.00 Price Target at Deutsche Bank AktiengesellschaftMay 5, 2023 | msn.com$1000 Invested In SBA Comms 20 Years Ago Would Be Worth This Much TodayMay 4, 2023 | msn.comTD Cowen Maintains SBA Communications Corp - (SBAC) Outperform RecommendationMay 4, 2023 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q1 2023 Earnings Call TranscriptMay 4, 2023 | americanbankingnews.comWells Fargo & Company Trims SBA Communications (NASDAQ:SBAC) Target Price to $300.00May 3, 2023 | msn.comRaymond James Maintains SBA Communications Corp - (SBAC) Strong Buy RecommendationMay 3, 2023 | msn.comSBA Communications Corp - (SBAC) Declares $0.85 DividendMay 2, 2023 | markets.businessinsider.comWells Fargo Keeps Their Buy Rating on SBA Communications (SBAC)May 2, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Financial Stocks: Hartford Financial (HIG), SBA Communications (SBAC)May 2, 2023 | finance.yahoo.comHere’s Why Baron Asset Fund Sold SBA Communications Corporation (SBAC) in Q1May 2, 2023 | finance.yahoo.comSBA Communications Corporation to Speak at the MoffettNathanson Inaugural Technology, Media and Telecom ConferenceSee More Headlines SBAC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBAC Company Calendar Ex-Dividend for 3/24 Dividend3/09/2023Dividend Payable3/24/2023Last Earnings5/01/2023Ex-Dividend for 6/21 Dividend5/25/2023Today6/06/2023Dividend Payable6/21/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryWireless Telecommunication Services SectorFinance Current SymbolNASDAQ:SBAC CUSIP78388J10 CIK1034054 Webwww.sbasite.com Phone(561) 995-7670Fax561-995-7626Employees1,834Year Founded1989Price Target and Rating Average Stock Price Forecast$322.93 High Stock Price Forecast$365.00 Low Stock Price Forecast$290.00 Forecasted Upside/Downside+44.0%Consensus RatingModerate Buy Rating Score (0-4)2.94 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$3.42 Trailing P/E Ratio65.58 Forward P/E Ratio19.10 P/E GrowthN/ANet Income$461.43 million Net Margins13.91% Pretax Margin16.40% Return on Equity-7.01% Return on Assets3.64% Debt Debt-to-Equity RatioN/A Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$2.63 billion Price / Sales9.23 Cash Flow$11.15 per share Price / Cash Flow20.12 Book Value($48.86) per share Price / Book-4.59Miscellaneous Outstanding Shares108,340,000Free Float106,606,000Market Cap$24.30 billion OptionableOptionable Beta0.51 Social Links Key ExecutivesJeffrey A. StoopsPresident, Chief Executive Officer & DirectorMark R. CiarfellaExecutive Vice President-OperationsBrendan Thomas CavanaghChief Financial Officer & Executive Vice PresidentDipan D. PatelExecutive Vice President-Strategy & TechnologyElvis T. ClemetsonChief Information Officer & Senior Vice PresidentKey CompetitorsCrown CastleNYSE:CCIAvalonBay CommunitiesNYSE:AVBEquity ResidentialNYSE:EQRExtra Space StorageNYSE:EXRAlexandria Real Estate EquitiesNYSE:AREView All CompetitorsInsiders & InstitutionsEP Wealth Advisors LLCBought 5,593 shares on 6/5/2023Ownership: 0.005%Aurora Investment CounselSold 3,776 shares on 6/5/2023Ownership: 0.001%Macquarie Group Ltd.Bought 93,808 shares on 6/1/2023Ownership: 0.096%Prelude Capital Management LLCBought 13,167 shares on 6/1/2023Ownership: 0.012%Ontario Teachers Pension Plan BoardSold 1,249 shares on 6/1/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions SBAC Stock - Frequently Asked Questions Should I buy or sell SBA Communications stock right now? 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last twelve months. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SBAC shares. View SBAC analyst ratings or view top-rated stocks. What is SBA Communications' stock price forecast for 2023? 16 brokers have issued 1-year price objectives for SBA Communications' stock. Their SBAC share price forecasts range from $290.00 to $365.00. On average, they anticipate the company's share price to reach $322.93 in the next twelve months. This suggests a possible upside of 44.0% from the stock's current price. View analysts price targets for SBAC or view top-rated stocks among Wall Street analysts. How have SBAC shares performed in 2023? SBA Communications' stock was trading at $280.31 on January 1st, 2023. Since then, SBAC shares have decreased by 20.0% and is now trading at $224.27. View the best growth stocks for 2023 here. Are investors shorting SBA Communications? SBA Communications saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,250,000 shares, a decrease of 17.2% from the April 30th total of 1,510,000 shares. Based on an average trading volume of 816,900 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.2% of the company's shares are short sold. View SBA Communications' Short Interest. When is SBA Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) issued its quarterly earnings results on Monday, May, 1st. The technology company reported $0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by $0.28. The technology company had revenue of $675.52 million for the quarter, compared to analyst estimates of $672.47 million. SBA Communications had a net margin of 13.91% and a negative trailing twelve-month return on equity of 7.01%. The business's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.96 earnings per share. Read the conference call transcript. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications announced a quarterly dividend on Sunday, April 30th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.85 per share on Wednesday, June 21st. This represents a $3.40 annualized dividend and a yield of 1.52%. The ex-dividend date is Thursday, May 25th. Read our dividend analysis for SBAC. What ETFs hold SBA Communications' stock? ETFs with the largest weight of SBA Communications (NASDAQ:SBAC) stock in their portfolio include Global X Data Center REITs & Digital Infrastructure ETF (VPN), Fidelity Real Estate Investment ETF (FPRO), Invesco Active U.S. Real Estate ETF (PSR), Motley Fool Mid-Cap Growth ETF (TMFM), IQ CBRE NextGen Real Estate ETF (ROOF), WisdomTree New Economy Real Estate Fund (WTRE), Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) and iShares Cohen & Steers REIT ETF (ICF). Is SBA Communications a good dividend stock? SBA Communications (NASDAQ:SBAC) pays an annual dividend of $3.40 per share and currently has a dividend yield of 1.51%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 99.42%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SBAC will have a dividend payout ratio of 27.27% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBAC. What guidance has SBA Communications issued on next quarter's earnings? SBA Communications updated its FY 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.69 billion-$2.73 billion, compared to the consensus revenue estimate of $2.70 billion. What is Jeffrey A. Stoops' approval rating as SBA Communications' CEO? 247 employees have rated SBA Communications Chief Executive Officer Jeffrey A. Stoops on Glassdoor.com. Jeffrey A. Stoops has an approval rating of 99% among the company's employees. This puts Jeffrey A. Stoops in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of SBA Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other SBA Communications investors own include Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), American Tower (AMT), Crown Castle (CCI), Micron Technology (MU), Walt Disney (DIS), AT&T (T), QUALCOMM (QCOM) and Johnson & Johnson (JNJ). What is SBA Communications' stock symbol? SBA Communications trades on the NASDAQ under the ticker symbol "SBAC." Who are SBA Communications' major shareholders? SBA Communications' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.51%), State Street Corp (4.38%), Price T Rowe Associates Inc. MD (2.87%), Principal Financial Group Inc. (2.54%), Deutsche Bank AG (2.52%) and JPMorgan Chase & Co. (2.35%). Insiders that own company stock include Brendan Thomas Cavanagh, Brian D Lazarus, Duncan Cocroft, Fidelma Russo, George R Krouse Jr, George R Krouse, Jr, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mark R Ciarfella and Thomas P Hunt. View institutional ownership trends. How do I buy shares of SBA Communications? Shares of SBAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SBA Communications' stock price today? One share of SBAC stock can currently be purchased for approximately $224.27. How much money does SBA Communications make? SBA Communications (NASDAQ:SBAC) has a market capitalization of $24.30 billion and generates $2.63 billion in revenue each year. The technology company earns $461.43 million in net income (profit) each year or $3.42 on an earnings per share basis. How many employees does SBA Communications have? The company employs 1,834 workers across the globe. Does SBA Communications have any subsidiaries? The following companies are subsidiares of SBA Communications: AAT Communications Corporation, Bay Communications, Communication Site Services Inc., Light Tower Wireless LLC, Optasite Holding Company Inc, SBA 2012 TC Assets LLC, SBA Guarantor LLC, SBA Infrastructure LLC, SBA Monarch Towers I LLC, SBA Network Management Inc., SBA New Builds LLC, SBA Properties LLC, SBA Puerto Rico LLC, SBA Senior Finance II LLC, SBA Senior Finance LLC, SBA Site Management LLC, SBA Sites LCC, SBA Structures LCC, SBA Telecommunications LLC, SBA Torres Brasil LTDA, SBA Torres Panama S.A., SBA Towers II LLC, SBA Towers III LLC, SBA Towers IV LLC, SBA Towers IX LLC, SBA Towers LLC, SBA Towers V LLC, and SBA Towers VII LLC.Read More How can I contact SBA Communications? SBA Communications' mailing address is 8051 CONGRESS AVENUE, BOCA RATON FL, 33487. The official website for the company is www.sbasite.com. The technology company can be reached via phone at (561) 995-7670, via email at ir@sbasite.com, or via fax at 561-995-7626. This page (NASDAQ:SBAC) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SBA Communications Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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