SBA Communications Company Profile (NASDAQ:SBAC)

About SBA Communications (NASDAQ:SBAC)

SBA Communications logoSBA Communications Corporation is an independent owner and operator of wireless communications tower structures, rooftops and other structures that support antennas used for wireless communications. The Company's operating segments include site leasing and site development. The site leasing business includes segments, domestic site leasing and international site leasing. The Company's primary business line is its site leasing business. In its site leasing business, the Company leases antenna space to wireless service providers on towers that it owns or operates, and manages rooftop and tower sites for property owners under various contractual arrangements. The Company owns approximately 25,460 towers. It also manages or leases approximately 5,500 actual or potential towers. The Company's other business line is its site development business, through which it assists wireless service providers in developing and maintaining their own wireless service networks.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Communication Services
  • Sub-Industry: Wireless Telecommunication Services
  • Symbol: NASDAQ:SBAC
  • CUSIP: 78388J10
  • Web:
  • Market Cap: $16.44 billion
  • Outstanding Shares: 121,301,000
Average Prices:
  • 50 Day Moving Avg: $127.59
  • 200 Day Moving Avg: $112.48
  • 52 Week Range: $95.66 - $137.02
  • Trailing P/E Ratio: 281.22
  • Foreward P/E Ratio: 83.16
  • P/E Growth: 2.65
Sales & Book Value:
  • Annual Revenue: $1.66 billion
  • Price / Sales: 9.91
  • Book Value: ($15.81) per share
  • Price / Book: -8.57
  • EBIDTA: $1.07 billion
  • Net Margins: 6.38%
  • Return on Equity: -2.24%
  • Return on Assets: 0.49%
  • Debt-to-Equity Ratio: -5.10%
  • Current Ratio: 1.16%
  • Quick Ratio: 1.16%
  • Average Volume: 1.21 million shs.
  • Beta: 0.72
  • Short Ratio: 3.88

Frequently Asked Questions for SBA Communications (NASDAQ:SBAC)

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 authorized a share buyback plan on Thursday, April 6th 2017, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 7.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) posted its quarterly earnings results on Monday, May, 1st. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $0.21 by $1.48. The company had revenue of $423.40 million for the quarter, compared to the consensus estimate of $418.21 million. SBA Communications had a negative return on equity of 2.24% and a net margin of 6.38%. The company's revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.45 EPS. View SBA Communications' Earnings History.

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

SBA Communications issued an update on its FY17 earnings guidance on Monday, May, 1st. The company provided earnings per share guidance of $6.65-6.99 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.10. The company issued revenue guidance of $1.685-1.725 billion, compared to the consensus revenue estimate of $1.70 billion.

Where is SBA Communications' stock going? Where will SBA Communications' stock price be in 2017?

14 analysts have issued 1 year target prices for SBA Communications' shares. Their forecasts range from $107.00 to $150.00. On average, they anticipate SBA Communications' stock price to reach $135.08 in the next year. View Analyst Ratings for SBA Communications.

Who are some of SBA Communications' key competitors?

Who owns SBA Communications stock?

SBA Communications' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.93%), BlackRock Inc. (6.99%), Principal Financial Group Inc. (4.67%), TimesSquare Capital Management LLC (2.37%), State Street Corp (2.13%) and William Blair Investment Management LLC (2.04%). Company insiders that own SBA Communications stock include Brian C Carr, Brian D Lazarus, Duncan Cocroft, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell and Mark R Ciarfella. View Institutional Ownership Trends for SBA Communications.

Who sold SBA Communications stock? Who is selling SBA Communications stock?

SBA Communications' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Brookfield Asset Management Inc., UBS Asset Management Americas Inc., Massachusetts Financial Services Co. MA, State Street Corp, TimesSquare Capital Management LLC, Vanguard Group Inc. and Geneva Advisors LLC. Company insiders that have sold SBA Communications stock in the last year include Brian C Carr, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe and Mark R Ciarfella. View Insider Buying and Selling for SBA Communications.

Who bought SBA Communications stock? Who is buying SBA Communications stock?

SBA Communications' stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Iridian Asset Management LLC CT, Wells Fargo & Company MN, American Century Companies Inc., Sumitomo Mitsui Trust Holdings Inc., Soros Fund Management LLC, Morgan Stanley and Strs Ohio. View Insider Buying and Selling for SBA Communications.

How do I buy SBA Communications stock?

Shares of SBA Communications can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of SBA Communications stock cost?

One share of SBA Communications stock can currently be purchased for approximately $135.55.

Analyst Ratings

Consensus Ratings for SBA Communications (NASDAQ:SBAC) (?)
Ratings Breakdown: 5 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.64)
Consensus Price Target: $135.08 (0.35% downside)

Analysts' Ratings History for SBA Communications (NASDAQ:SBAC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/3/2017Barclays PLCBoost Price TargetOverweight$136.00 -> $137.00LowView Rating Details
5/2/2017Jefferies Group LLCBoost Price TargetBuy$133.00 -> $150.00LowView Rating Details
5/2/2017Cowen and CompanyBoost Price TargetOutperform$131.00 -> $141.00LowView Rating Details
5/2/2017Goldman Sachs Group IncBoost Price TargetNeutral$121.00 -> $131.00LowView Rating Details
5/2/2017Stifel NicolausSet Price TargetBuy$137.00 -> $148.00LowView Rating Details
4/25/2017Citigroup IncBoost Price TargetNeutral$124.00 -> $134.00LowView Rating Details
4/22/2017Deutsche Bank AGReiterated RatingHold$121.00 -> $133.00LowView Rating Details
4/10/2017GuggenheimUpgradeNeutral -> Buy$118.00 -> $137.00MediumView Rating Details
2/26/2017MacquarieReiterated RatingHold$107.00N/AView Rating Details
12/21/2016BTIG ResearchReiterated RatingBuy$145.00N/AView Rating Details
11/30/2016JPMorgan Chase & Co.UpgradeNeutral -> Overweight$130.00N/AView Rating Details
9/12/2016SunTrust Banks, Inc.Initiated CoverageBuy$129.00N/AView Rating Details
8/25/2016Morgan StanleyReiterated RatingBuy$134.00N/AView Rating Details
7/29/2016Pacific CrestReiterated RatingHoldN/AView Rating Details
3/30/2016Moffett NathansonBoost Price Target$133.00 -> $135.00N/AView Rating Details
3/4/2016Wells Fargo & CoDowngradeOutperform -> Market Perform$100.00 -> $95.00N/AView Rating Details
11/5/2015Evercore ISIDowngradeBuy -> HoldN/AView Rating Details
10/2/2015Raymond James Financial, Inc.Lower Price TargetStrong-Buy$143.00 -> $141.00N/AView Rating Details
7/31/2015Canaccord GenuityReiterated RatingBuy$137.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for SBA Communications (NASDAQ:SBAC)
Earnings by Quarter for SBA Communications (NASDAQ:SBAC)
Earnings History by Quarter for SBA Communications (NASDAQ:SBAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017Q1 17$0.21$1.69$418.21 million$423.40 millionViewListenView Earnings Details
2/27/2017Q416$0.11$0.04$416.92 million$416.50 millionViewListenView Earnings Details
11/1/2016Q3$0.09$1.53$412.65 million$411.30 millionViewN/AView Earnings Details
7/28/2016Q2$0.14$0.26$403.37 million$405.50 millionViewListenView Earnings Details
5/2/2016Q1$0.05$1.45$398.16 million$399.77 millionViewN/AView Earnings Details
2/25/2016Q4$0.08$1.43$403.59 million$406.90 millionViewListenView Earnings Details
11/4/2015Q3$0.11$1.43$407.41 million$410.70 millionViewListenView Earnings Details
7/29/2015Q2$0.09$1.42$410.17 million$410.70 millionViewListenView Earnings Details
4/23/2015Q115$0.11$1.41$407.31 million$410.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.02$1.39$394.87 million$404.73 millionViewN/AView Earnings Details
11/4/2014Q314($0.01)$1.33$386.50 million$393.30 millionViewListenView Earnings Details
7/24/2014Q214($0.01)$1.31$371.40 million$383.40 millionViewListenView Earnings Details
5/1/2014Q114($0.05)$1.18$334.60 million$345.50 millionViewListenView Earnings Details
2/25/2014Q413($0.05)($0.15)$332.55 million$335.40 millionViewN/AView Earnings Details
11/4/2013Q313($0.12)$0.16$322.27 million$332.09 millionViewN/AView Earnings Details
8/1/2013Q2 2013($0.10)($0.28)$314.05 million$324.30 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.91$0.98$301.80 million$313.10 millionViewN/AView Earnings Details
2/21/2013Q4 2012($0.15)($0.41)$288.74 million$293.80 millionViewN/AView Earnings Details
11/5/2012Q312($0.23)($0.43)$234.64 million$238.60 millionViewN/AView Earnings Details
8/2/2012($0.15)($0.44)ViewN/AView Earnings Details
4/30/2012($0.18)($0.20)ViewN/AView Earnings Details
2/23/2012($0.21)($0.27)ViewN/AView Earnings Details
10/31/2011($0.19)($0.30)ViewN/AView Earnings Details
8/1/2011($0.20)($0.27)ViewN/AView Earnings Details
4/28/2011($0.21)($0.30)ViewN/AView Earnings Details
2/24/2011($0.22)($0.34)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for SBA Communications (NASDAQ:SBAC)
2017 EPS Consensus Estimate: $0.87
2018 EPS Consensus Estimate: $2.36
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.12$0.22$0.17
Q2 20172$0.17$0.20$0.19
Q3 20172$0.22$0.26$0.24
Q4 20172$0.26$0.29$0.28
Q1 20181$0.50$0.50$0.50
Q2 20181$0.55$0.55$0.55
Q3 20181$0.63$0.63$0.63
Q4 20181$0.68$0.68$0.68
(Data provided by Zacks Investment Research)


Dividend History for SBA Communications (NASDAQ:SBAC)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for SBA Communications (NASDAQ:SBAC)
Insider Ownership Percentage: 2.10%
Institutional Ownership Percentage: 95.31%
Insider Trades by Quarter for SBA Communications (NASDAQ:SBAC)
Institutional Ownership by Quarter for SBA Communications (NASDAQ:SBAC)
Insider Trades by Quarter for SBA Communications (NASDAQ:SBAC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/18/2017Brian C CarrDirectorSell3,475$132.54$460,576.50View SEC Filing  
5/17/2017Jeffrey StoopsCEOSell94,289$133.76$12,612,096.64View SEC Filing  
5/5/2017Mark R CiarfellaEVPSell15,147$129.03$1,954,417.41View SEC Filing  
3/10/2017Kevin L BeebeDirectorSell570$118.12$67,328.40View SEC Filing  
3/6/2017Mark R CiarfellaEVPSell11,346$115.00$1,304,790.00View SEC Filing  
9/15/2016Duncan CocroftDirectorBuy500$109.14$54,570.00View SEC Filing  
8/10/2016Jeffrey StoopsCEOSell100,000$116.20$11,620,000.00View SEC Filing  
8/9/2016George R Krouse JrDirectorSell1,565$115.84$181,289.60View SEC Filing  
8/9/2016Jason V SilbersteinEVPSell22,192$115.83$2,570,499.36View SEC Filing  
6/16/2016Duncan CocroftDirectorBuy1,000$100.16$100,160.00View SEC Filing  
12/17/2015Jason V. SilbersteinEVPSell49,491$101.20$5,008,489.20View SEC Filing  
8/18/2015George R Krouse JrDirectorSell1,916$126.67$242,699.72View SEC Filing  
8/17/2015Brian D LazarusCAOSell9,163$127.91$1,172,039.33View SEC Filing  
8/17/2015Kurt L BagwellEVPSell19,735$127.77$2,521,540.95View SEC Filing  
6/18/2015Mark R CiarfellaEVPSell20,852$120.13$2,504,950.76View SEC Filing  
3/16/2015Kurt L BagwellEVPSell5,974$119.00$710,906.00View SEC Filing  
11/24/2014Jason V SilbersteinEVPSell14,230$117.24$1,668,325.20View SEC Filing  
9/9/2014Jeffrey StoopsCEOSell30,000$112.20$3,366,000.00View SEC Filing  
8/11/2014Kevin L BeebeDirectorSell15,000$109.56$1,643,400.00View SEC Filing  
8/6/2014Brian C CarrDirectorSell2,576$107.06$275,786.56View SEC Filing  
7/31/2014George R Krouse JrDirectorSell2,000$106.99$213,980.00View SEC Filing  
7/10/2014Mark R CiarfellaEVPSell5,673$105.26$597,139.98View SEC Filing  
5/23/2014Steven BernsteinChairmanSell75,000$100.68$7,551,000.00View SEC Filing  
5/13/2014Jason SilbersteinEVPSell19,583$99.00$1,938,717.00View SEC Filing  
5/9/2014Jack LangerDirectorSell10,000$97.12$971,200.00View SEC Filing  
5/8/2014Jason SilbersteinEVPSell6,590$97.00$639,230.00View SEC Filing  
3/7/2014Kurt BagwellEVPSell47,505$95.26$4,525,326.30View SEC Filing  
3/6/2014Mark CiarfellaEVPSell3,570$95.75$341,827.50View SEC Filing  
11/7/2013Brian LazarusCAOSell9,319$91.66$854,179.54View SEC Filing  
9/16/2013Brendan Thomas CavanaghCFOSell101,628$77.04$7,829,421.12View SEC Filing  
3/6/2013Kurt L BagwellInsiderSell52,975$73.08$3,871,413.00View SEC Filing  
3/5/2013Brian D LazarusCAOSell6,413$73.03$468,341.39View SEC Filing  
3/5/2013Mark R CiarfellaSVPSell7,304$72.85$532,096.40View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for SBA Communications (NASDAQ:SBAC)
Latest Headlines for SBA Communications (NASDAQ:SBAC)
DateHeadline logo[$$] American Tower Looms Over Rivals - May 24 at 8:14 PM logoBrian C. Carr Sells 3,475 Shares of SBA Communications Co. (SBAC) Stock - May 19 at 7:58 PM logoJeffrey Stoops Sells 94,289 Shares of SBA Communications Co. (SBAC) Stock - May 19 at 7:40 PM logoSBA Communications Co. (SBAC) Given Average Recommendation of "Buy" by Brokerages - May 12 at 12:50 PM logoSBA Communications Corporation to Speak at the J.P. Morgan 45th Global Technology, Media and Telecom Conference - May 10 at 9:57 AM logoSBA Communications Co. (SBAC) EVP Sells $1,954,417.41 in Stock - May 8 at 7:17 PM logoFY2017 EPS Estimates for SBA Communications Co. Lifted by Jefferies Group (SBAC) - May 4 at 3:02 PM logoSBA Communications Co. (SBAC) Forecasted to Post Q2 2017 Earnings of $0.20 Per Share - May 4 at 11:48 AM logoSBA Communications (SBAC) PT Raised to $141 at Cowen; 'Good 1Q17 Results, Slightly Raises 2017 Guidance' - May 4 at 9:14 AM logo$423.52 Million in Sales Expected for SBA Communications Co. (SBAC) This Quarter - May 3 at 2:53 PM logoSBA Communications' (SBAC) Overweight Rating Reiterated at Barclays PLC - May 3 at 1:33 PM logoQ3 2017 Earnings Forecast for SBA Communications Co. Issued By SunTrust Banks (SBAC) - May 3 at 10:15 AM logoQ2 2017 Earnings Estimate for SBA Communications Co. Issued By Jefferies Group (SBAC) - May 3 at 7:48 AM logoSBA Communications (SBAC) Receives Daily Media Impact Rating of 0.08 - May 3 at 1:02 AM logoJefferies Group LLC Reaffirms Buy Rating for SBA Communications Co. (SBAC) - May 2 at 7:44 PM logoSBA Communications Co. (SBAC) Given Outperform Rating at Cowen and Company - May 2 at 5:48 PM logoSBA Communications (SBAC) Q1 2017 Results - Earnings Call Transcript - May 2 at 5:31 PM logoSBA Communications' (SBAC) "Buy" Rating Reiterated at Stifel Nicolaus - May 2 at 5:14 PM logoGoldman Sachs Group Inc Reaffirms Neutral Rating for SBA Communications Co. (SBAC) - May 2 at 5:14 PM logoSBA Communications Co. (SBAC) Issues Quarterly Earnings Results, Beats Expectations By $1.48 EPS - May 1 at 11:38 PM logoSBA Communications Co. (SBAC) Issues FY17 Earnings Guidance - May 1 at 8:58 PM logoSBA Communications Increases Full Year Outlook - Quick Facts - May 1 at 6:57 PM logoSBA Communications beats Street 1Q forecasts - May 1 at 4:12 PM logo Analysts Anticipate SBA Communications Co. (SBAC) to Announce $0.22 Earnings Per Share - May 1 at 3:54 PM logoCan CenturyLink (CTL) Pull Off a Surprise in Q1 Earnings? - April 28 at 3:38 PM logoBarclays PLC Increases SBA Communications Co. (SBAC) Price Target to $136.00 - April 25 at 12:02 PM logoSBA Communications Co. (SBAC) Stock Rating Reaffirmed by Citigroup Inc - April 25 at 11:22 AM logoSomewhat Positive Media Coverage Likely to Impact SBA Communications (SBAC) Stock Price - April 24 at 6:34 PM logoSBA Communications Co. (SBAC) Given New $136.00 Price Target at Barclays PLC - April 23 at 12:38 AM logoSBA Communications Co. (SBAC) Earns Hold Rating from Deutsche Bank AG - April 22 at 9:09 AM logoSomewhat Positive News Coverage Somewhat Likely to Impact SBA Communications (SBAC) Share Price - April 22 at 12:59 AM logoSBA Communications (SBAC) Given News Sentiment Score of 0.13 - April 18 at 8:31 PM logoSBA Communications Co. (SBAC) Short Interest Update - April 18 at 9:37 AM logoSBA Tower Trust -- Moody's assigns definitive ratings to SBA Tower Trust wireless tower-backed securities - April 17 at 6:42 PM logoSBA Communications Co. (SBAC) Given Average Rating of "Buy" by Analysts - April 17 at 1:34 PM logoSBA Communications (SBAC) Given Daily Media Impact Score of 0.10 - April 14 at 10:22 PM logoBaron Asset Fund Comments on SBA Communications - April 14 at 11:51 AM logoSBA Communications Co. (SBAC) Rating Increased to Buy at Guggenheim - April 14 at 7:20 AM logoSBA Communications Corporation Sets Date for 1st Quarter 2017 Earnings Release - April 12 at 2:45 PM logoSBA Communications Co. (SBAC) Raised to Buy at Guggenheim - April 10 at 5:13 PM logoSBA Communications Co. (SBAC) Expected to Announce Earnings of $0.24 Per Share - April 10 at 8:07 AM logoSBA Communications (SBAC) Announces Share Buyback Plan - April 6 at 4:18 PM logoAT&T (T) Wins Nationwide First Responder Network Contract - March 31 at 8:01 AM logoShort Interest in SBA Communications Co. (SBAC) Grows By 39.8% - March 28 at 8:38 AM logoSBA Communications Co. (SBAC) Receives Average Rating of "Hold" from Analysts - March 22 at 1:02 PM logoSBA Communications: Data, Towers, And NOLs - March 11 at 9:59 AM logoMark R. Ciarfella Sells 11,346 Shares of SBA Communications Co. (SBAC) Stock - March 8 at 1:31 AM logoSBA COMMUNICATIONS CORP Financials - March 7 at 7:34 PM logoSBA Communications To Present At Raymond James Conference ; Webcast At 1:40 PM - March 6 at 6:59 PM logoSBA Communications: Time To Buy This Top-Performing Wireless Tower Landlord? - March 3 at 8:09 AM



SBA Communications (SBAC) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff