NASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis $238.51 +5.14 (+2.20%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$233.54▼$238.8250-Day Range$189.00▼$238.5152-Week Range$183.64▼$258.76Volume1.31 million shsAverage Volume596,093 shsMarket Capitalization$25.63 billionP/E Ratio46.77Dividend Yield1.64%Price Target$237.92 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get SBA Communications alerts: Email Address SBA Communications MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside0.2% Downside$237.92 Price TargetShort InterestHealthy2.21% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.61Based on 7 Articles This WeekInsider TradingSelling Shares$11.12 M Sold Last QuarterProj. Earnings Growth-2.08%From $12.53 to $12.27 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.14 out of 5 starsFinance Sector199th out of 871 stocksReal Estate Investment Trusts Industry29th out of 178 stocks 2.4 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSBA Communications has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about SBA Communications' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.21% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SBA Communications has recently increased by 7.76%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SBA Communications is 76.86%. 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 31.95% next year. This indicates that SBA Communications will be able to sustain or increase its dividend.Read more about SBA Communications' dividend. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSBA Communications has received a 49.62% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" 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 1.5 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for SBA Communications this week, compared to 7 articles on an average week.Search InterestOnly 3 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SBA Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,119,691.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of SBA Communications is held by insiders.Percentage Held by Institutions97.35% of the stock of SBA Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about SBA Communications' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to decrease by -2.08% in the coming year, from $12.53 to $12.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 46.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.95.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 46.77, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 31.22.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued.Read more about SBA Communications' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About SBA Communications Stock (NASDAQ:SBAC)SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization.Read More SBAC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBAC Stock News HeadlinesAugust 24, 2024 | insidertrades.comSBA Communications Co. (NASDAQ:SBAC) Director George R. Krouse, Jr. Sells 325 SharesSeptember 5 at 3:47 AM | americanbankingnews.comStockNews.com Downgrades SBA Communications (NASDAQ:SBAC) to HoldSeptember 8, 2024 | Porter & Company (Ad)Trump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…September 2, 2024 | americanbankingnews.comBrokerages Set SBA Communications Co. (NASDAQ:SBAC) Price Target at $237.92August 28, 2024 | ca.finance.yahoo.comNeva will break your heart on October 15August 22, 2024 | finance.yahoo.comThis Stock Turned $1,000 Into $45,007 Over the Past 20 Years. Here's Why It's Not Too Late to BuyAugust 20, 2024 | nz.finance.yahoo.comSBA Communications Corporation (4SB.F)August 8, 2024 | investorplace.comThe 3 Best REITs to Buy in August 2024September 8, 2024 | Porter & Company (Ad)Trump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…August 6, 2024 | seekingalpha.comSBA Communications: Headwinds Persist, Macro ImprovesAugust 2, 2024 | marketwatch.comSBA Communications Corp. stock rises Wednesday, still underperforms marketJuly 30, 2024 | markets.businessinsider.comMaintaining Buy Rating on SBA Communications: Solid Q2 Performance and Strong Long-Term Outlook Despite ChallengesJuly 30, 2024 | msn.comSBA Communications Corporation (NASDAQ:SBAC) Q2 2024 Earnings Call TranscriptJuly 30, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Phillips Edison & Company (PECO), Cousins Properties (CUZ) and SBA Communications (SBAC)July 30, 2024 | gurufocus.comSBA Communications Corp (SBAC) Q2 2024 Earnings Call Transcript Highlights: Solid Operational ...July 30, 2024 | markets.businessinsider.comSBA Communications: Buy Rating Amid Long-Term Growth Opportunities Despite Short-Term ChallengesJuly 29, 2024 | markets.businessinsider.comSBA Communications Corp. Q2 AFFO IncreasesJuly 29, 2024 | msn.comSBA Communications cuts annual revenue forecast, signals slower 5G leasing activitySee More Headlines 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 Company Calendar Ex-Dividend for 6/19 Dividend5/22/2024Dividend Payable6/19/2024Last Earnings7/29/2024Ex-Dividend for 9/18 Dividend8/22/2024Today9/08/2024Dividend Payable9/18/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryWireless Telecommunication Services Current SymbolNASDAQ:SBAC CUSIP78388J10 CIK1034054 Webwww.sbasite.com Phone(561) 995-7670Fax561-995-7626Employees1,787Year Founded1989Price Target and Rating Average Stock Price Target$237.92 High Stock Price Target$260.00 Low Stock Price Target$212.00 Potential Upside/Downside-0.2%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$5.10 Trailing P/E Ratio46.77 Forward P/E Ratio19.04 P/E Growth0.72Net Income$501.81 million Net Margins19.22% Pretax Margin20.56% Return on Equity-9.85% Return on Assets5.11% Debt Debt-to-Equity RatioN/A Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$2.71 billion Price / Sales9.45 Cash Flow$13.18 per share Price / Cash Flow18.09 Book Value($49.47) per share Price / Book-4.82Miscellaneous Outstanding Shares107,470,000Free Float106,046,000Market Cap$25.63 billion OptionableOptionable Beta0.67 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Brendan Thomas Cavanagh CPA (Age 52)CEO, President & Director Comp: $1.61MMr. Steven E. Bernstein II (Age 63)Founder & Independent Director Comp: $242.03kMr. Mark R. Ciarfella (Age 58)Executive Vice President of Operations Comp: $1.03MMr. Jason V. Silberstein (Age 55)Executive Vice President of Site Leasing Comp: $1.21MMr. Richard M. Cane (Age 59)Executive VP & President International Comp: $1.04MMr. Marc R. Montagner (Age 62)Executive VP & CFO Mr. Brian D. Lazarus CPA (Age 52)Senior VP & Chief Accounting Officer Mr. Elvis T. Clemetson (Age 50)Senior VP & Chief Information Officer Mr. Joshua M. Koenig (Age 44)Executive Vice President, Chief Administrative Officer & General Counsel Ms. Michelle Eisner (Age 63)Senior VP & Chief Human Resources Officer More ExecutivesKey CompetitorsCrown CastleNYSE:CCIUnited States CellularNYSE:USMTelephone and Data SystemsNYSE:TDSBlackBerryNYSE:BBShenandoah TelecommunicationsNASDAQ:SHENView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 4,751 shares on 9/5/2024Ownership: 0.004%Clear Rock Advisors LLCBought 1,099 shares on 9/3/2024Ownership: 0.008%Clearbridge Investments LLCSold 23,495 shares on 8/27/2024Ownership: 0.288%Teachers Retirement System of The State of KentuckySold 231 shares on 8/26/2024Ownership: 0.008%Cetera Investment AdvisersSold 3,798 shares on 8/22/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions Should I Buy SBA Communications Stock? SBAC Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in SBA Communications Co.: SBA Communications Co. has a strong dividend yield of 1.78%, providing investors with a steady income stream. Recent institutional inflows into SBA Communications Co. indicate growing confidence from large investors, which could positively impact the stock price. The company's stock price has shown resilience, trading at $219.54, near its 52-week high of $258.76, suggesting potential for capital appreciation. SBA Communications Co. has a solid net margin of 19.22%, indicating efficient operations and profitability. Analysts predict a positive EPS of 12.51 for the current year, reflecting potential growth and earnings stability. Cons Investors should be bearish about investing in SBA Communications Co. for these reasons: The company's recent quarterly earnings report showed a miss on analysts' consensus estimates, indicating potential volatility in stock performance. SBA Communications Co. had a negative return on equity of 9.85%, which may raise concerns about the company's financial health and management efficiency. Despite a strong dividend yield, the payout ratio of 76.86% suggests a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for growth. Institutional outflows, such as the sale of shares by Jacobs Levy Equity Management Inc., could signal reduced confidence in the company's future prospects. The company's revenue was down 2.7% compared to the same quarter last year, indicating potential challenges in revenue growth and market competitiveness. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 19, 2024. Please send any questions or comments about these SBA Communications pros and cons to contact@marketbeat.com. SBAC Stock Analysis - Frequently Asked Questions How have SBAC shares performed this year? SBA Communications' stock was trading at $253.69 on January 1st, 2024. Since then, SBAC shares have decreased by 6.0% and is now trading at $238.51. View the best growth stocks for 2024 here. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) issued its earnings results on Monday, July, 29th. The technology company reported $1.51 earnings per share for the quarter, missing analysts' consensus estimates of $2.07 by $0.56. The business's revenue for the quarter was down 2.7% on a year-over-year basis. Read the conference call transcript. 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. Does SBA Communications have any subsidiaries? The following companies are subsidiaries of SBA Communications: Bay Communications, Light Tower Wireless LLC, Optasite Holding Company Inc, AAT Communications Corporation, Communication Site Services Inc., SBA 2012 TC Assets LLC, SBA Guarantor LLC, and more. Who are SBA Communications' major shareholders? Top institutional shareholders of SBA Communications include Principal Financial Group Inc. (3.91%), Diamond Hill Capital Management Inc. (1.84%), Massachusetts Financial Services Co. MA (1.70%) and Dimensional Fund Advisors LP (1.40%). Insiders that own company stock include Jeffrey Stoops, Duncan Cocroft, Steven E Bernstein, Jason V Silberstein, Mark R Ciarfella, Kevin L Beebe, George R Krouse Jr, Brian D Lazarus, Joshua Koenig, Mary S Chan, Thomas P Hunt, Brendan Thomas Cavanagh and Kurt L Bagwell. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of SBA Communications own? Based on aggregate information from My MarketBeat watchlists, some other companies that SBA Communications investors own include Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), American Tower (AMT), Crown Castle (CCI), Micron Technology (MU) and Walt Disney (DIS). 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