NASDAQ:SBAC - SBA Communications Stock Price, News, & Analysis

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$197.53 +1.46 (+0.74 %)
(As of 03/22/2019 10:55 AM ET)
Previous Close$196.07
Today's Range$195.10 - $198.13
52-Week Range$146.13 - $196.27
Volume243,908 shs
Average Volume684,523 shs
Market Capitalization$22.24 billion
P/E Ratio25.99
Dividend YieldN/A
Beta0.82
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America. By “Building Better Wireless,” SBA generates revenue from two primary businesses – site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
Current SymbolNASDAQ:SBAC
CUSIP78388J10
Phone561-226-9345

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.87 billion
Cash Flow$6.9873 per share
Book Value($30.03) per share

Profitability

Net Income$47.45 million

Miscellaneous

Employees1,347
Market Cap$22.24 billion
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

SBA Communications (NASDAQ:SBAC) Frequently Asked Questions

What is SBA Communications' stock symbol?

SBA Communications trades on the NASDAQ under the ticker symbol "SBAC."

How will SBA Communications' stock buyback program work?

SBA Communications declared that its Board of Directors has approved a share buyback plan on Tuesday, February 27th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) issued its earnings results on Thursday, February, 21st. The technology company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $1.83 by $1.33. The technology company earned $483.85 million during the quarter, compared to the consensus estimate of $472.87 million. SBA Communications had a net margin of 2.54% and a negative return on equity of 1.71%. The company's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.78 earnings per share. View SBA Communications' Earnings History.

When is SBA Communications' next earnings date?

SBA Communications is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for SBA Communications.

What guidance has SBA Communications issued on next quarter's earnings?

SBA Communications issued an update on its FY19 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of $7.95 to $8.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.79.

What price target have analysts set for SBAC?

7 brokerages have issued 12-month target prices for SBA Communications' shares. Their predictions range from $161.00 to $211.00. On average, they anticipate SBA Communications' share price to reach $190.1429 in the next year. This suggests that the stock has a possible downside of 3.7%. View Analyst Price Targets for SBA Communications.

What is the consensus analysts' recommendation for SBA Communications?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SBA Communications.

Has SBA Communications been receiving favorable news coverage?

News stories about SBAC stock have been trending somewhat positive on Friday, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SBA Communications earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the immediate future.

Who are some of SBA Communications' key competitors?

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 CA (CA), NVIDIA (NVDA), BlackRock (BLK), Micron Technology (MU), Netflix (NFLX), AT&T (T), Cisco Systems (CSCO), UnitedHealth Group (UNH), Walt Disney (DIS) and Starbucks (SBUX).

Who are SBA Communications' key executives?

SBA Communications' management team includes the folowing people:
  • Mr. Steven E. Bernstein II, Founder & Chairman (Age 58)
  • Mr. Jeffrey A. Stoops, Pres, CEO & Director (Age 61)
  • Mr. Brendan Thomas Cavanagh CPA, Exec. VP & CFO (Age 47)
  • Mr. Thomas P. Hunt, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 61)
  • Mr. Kurt L. Bagwell, Exec. VP & Pres of International (Age 54)

Who are SBA Communications' major shareholders?

SBA Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.62%), Principal Financial Group Inc. (4.27%), Cohen & Steers Inc. (3.21%), Brown Advisory Inc. (2.63%), American Century Companies Inc. (1.80%) and Canada Pension Plan Investment Board (1.60%). Company insiders that own SBA Communications stock include Brendan Thomas Cavanagh, Brian C Carr, Brian D Lazarus, Duncan Cocroft, George R Krouse Jr, Jack Langer, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Steven E Bernstein and Thomas P Hunt. View Institutional Ownership Trends for SBA Communications.

Which major investors are selling SBA Communications stock?

SBAC stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, D. E. Shaw & Co. Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Triple Frond Partners LLC, Victory Capital Management Inc., FMR LLC and Teacher Retirement System of Texas. Company insiders that have sold SBA Communications company stock in the last year include Brendan Thomas Cavanagh, Brian C Carr, Brian D Lazarus, Duncan Cocroft, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Steven E Bernstein and Thomas P Hunt. View Insider Buying and Selling for SBA Communications.

Which major investors are buying SBA Communications stock?

SBAC stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Norges Bank, Daiwa Securities Group Inc., Millennium Management LLC, Commonwealth Bank of Australia, Maple Brown Abbott Ltd, Two Sigma Advisers LP and Massachusetts Financial Services Co. MA. Company insiders that have bought SBA Communications stock in the last two years include Duncan Cocroft and Jeffrey Stoops. View Insider Buying and Selling for SBA Communications.

How do I buy shares of SBA Communications?

Shares of SBAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SBA Communications' stock price today?

One share of SBAC stock can currently be purchased for approximately $197.53.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $22.24 billion and generates $1.87 billion in revenue each year. The technology company earns $47.45 million in net income (profit) each year or $7.60 on an earnings per share basis. SBA Communications employs 1,347 workers across the globe.

What is SBA Communications' official website?

The official website for SBA Communications is http://www.sbasite.com.

How can I contact SBA Communications?

SBA Communications' mailing address is 8051 CONGRESS AVENUE, BOCA RATON FL, 33487. The technology company can be reached via phone at 561-226-9345 or via email at [email protected]


MarketBeat Community Rating for SBA Communications (NASDAQ SBAC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  592 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  1,083
MarketBeat's community ratings are surveys of what our community members think about SBA Communications and other stocks. Vote "Outperform" if you believe SBAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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