Top-Rated StocksTop-RatedNASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis → The ONE AI sSock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free SBAC Stock Alerts $213.26 -2.22 (-1.03%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$213.18▼$215.8350-Day Range$199.95▼$245.5852-Week Range$185.23▼$267.42Volume815,950 shsAverage Volume1.28 million shsMarket Capitalization$23.06 billionP/E Ratio46.26Dividend Yield1.84%Price Target$271.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get SBA Communications alerts: Email Address SBA Communications MarketRank™ Stock AnalysisAnalyst RatingBuy3.08 Rating ScoreUpside/Downside27.3% Upside$271.50 Price TargetShort InterestHealthy3.12% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.90Based on 15 Articles This WeekInsider TradingSelling Shares$430,966 Sold Last QuarterProj. Earnings Growth1.03%From $12.59 to $12.72 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.4.92 out of 5 starsFinance Sector26th out of 891 stocksReal Estate Investment Trusts Industry5th out of 182 stocks 3.5 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $271.50, SBA Communications has a forecasted upside of 27.3% from its current price of $213.26.Amount of Analyst CoverageSBA Communications has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.12% 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 3.4, 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 21.45%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of SBA Communications is 85.03%. 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 30.82% next year. This indicates that SBA Communications will be able to sustain or increase its 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 3.8 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.90. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for SBA Communications this week, compared to 7 articles on an average week.Search Interest19 people have searched for SBAC on MarketBeat in the last 30 days. This is an increase of 280% compared to the previous 30 days.MarketBeat Follows11 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 83% 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 $430,966.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of SBA Communications is held by insiders.Percentage Held by Institutions92.48% 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 1.03% in the coming year, from $12.59 to $12.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 46.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 46.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.45.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 1.32. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThe only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.Get the stock ticker here >>> 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 HeadlinesMarch 18, 2024 | marketbeat.comAI’s “Hidden” Dividends (3 Payers With Payouts Soaring 88%+)March 11, 2024 | insidertrades.comSBA Communications Co. (NASDAQ:SBAC) Director Mary S. Chan Sells 1,977 Shares of StockMarch 19, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 17, 2024 | ca.finance.yahoo.comSBAC Apr 2024 290.000 callMarch 16, 2024 | finance.yahoo.comSBAC Apr 2024 210.000 callMarch 16, 2024 | finance.yahoo.comSBAC Apr 2024 190.000 putMarch 12, 2024 | finance.yahoo.comSBA Communications Corporation (SBAC)March 12, 2024 | investorplace.com3 Real Estate Stocks to Buy as Hedge Funds Pile inMarch 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 12, 2024 | finance.yahoo.com‘Time to Hit Buy,’ Says Bank of America About These 3 StocksMarch 10, 2024 | americanbankingnews.comMary S. Chan Sells 1,977 Shares of SBA Communications Co. (NASDAQ:SBAC) StockMarch 9, 2024 | americanbankingnews.comBank of America Upgrades SBA Communications (NASDAQ:SBAC) to "Buy"March 9, 2024 | finance.yahoo.comDirector Mary Chan Sells Shares of SBA Communications Corp (SBAC)March 7, 2024 | realmoney.thestreet.comSBA Communications just upgraded at BofA, here's whyMarch 7, 2024 | finance.yahoo.comSBAC Stock: Ignore Site Development Issues; Look at Site LeasingMarch 6, 2024 | markets.businessinsider.comAnalysts Conflicted on These Real Estate Names: SBA Communications (SBAC) and Gaming and Leisure (GLPI)March 4, 2024 | seekingalpha.comSBA Communications Q4 2023 UpdateMarch 3, 2024 | msn.comSBA Communications (SBAC) Declares $0.98 DividendFebruary 29, 2024 | finance.yahoo.comDecoding SBA Communications Corp (SBAC): A Strategic SWOT InsightFebruary 28, 2024 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q4 2023 Earnings Call TranscriptFebruary 27, 2024 | finance.yahoo.comSBA Communications Corporation to Speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom ConferenceFebruary 27, 2024 | markets.businessinsider.comStrong Buy on SBA Communications: Strategic Growth and Financial Flexibility Signal Positive OutlookFebruary 27, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: SBA Communications (SBAC) and RLJ Lodging (RLJ)February 27, 2024 | businesswire.comSBA Communications Corporation to Speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom ConferenceFebruary 26, 2024 | markets.businessinsider.comSBA Communications Q4 Profit RisesFebruary 26, 2024 | msn.comSBA Communications raises quarterly dividend by 15.3% to CAD 0.98/shareFebruary 26, 2024 | msn.comSBA Communications FFO of $3.37 beats by $0.15, revenue of $675.02M misses by $7.24MSee 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 Last Earnings2/26/2024Ex-Dividend for 3/28 Dividend3/13/2024Today3/19/2024Dividend Payable3/28/2024Next Earnings (Estimated)5/06/2024Fiscal 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$271.50 High Stock Price Target$327.00 Low Stock Price Target$227.00 Potential Upside/Downside+27.3%Consensus RatingBuy Rating Score (0-4)3.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$4.61 Trailing P/E Ratio46.26 Forward P/E Ratio16.94 P/E Growth1.32Net Income$501.81 million Net Margins18.51% Pretax Margin20.23% Return on Equity-9.70% Return on Assets4.82% Debt Debt-to-Equity RatioN/A Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$2.71 billion Price / Sales8.50 Cash Flow$12.72 per share Price / Cash Flow16.76 Book Value($47.86) per share Price / Book-4.46Miscellaneous Outstanding Shares108,110,000Free Float106,379,000Market Cap$23.06 billion OptionableOptionable Beta0.56 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: $1.69MMr. Steven E. Bernstein II (Age 63)Founder & Director Comp: $219.58kMr. Jason V. Silberstein (Age 55)Executive Vice President of Site Leasing Comp: $1.43MMr. Marc R. Montagner (Age 62)Executive VP & CFO Mr. Mark R. Ciarfella (Age 58)Executive Vice President of Operations Mr. Brian D. Lazarus CPA (Age 52)Senior VP & Chief Accounting Officer Mr. Elvis T. ClemetsonSenior VP & Chief Information OfficerMr. Joshua Koenig (Age 43)Executive Vice President, Chief Administrative Officer & General Counsel Ms. Michelle Eisner (Age 63)Senior VP & Chief Human Resources Officer Mr. Neil H. Seidman (Age 57)Senior Vice President of Mergers and Acquisitions More ExecutivesKey CompetitorsCrown CastleNYSE:CCIEquity ResidentialNYSE:EQRIron MountainNYSE:IRMAlexandria Real Estate EquitiesNYSE:AREAvalonBay CommunitiesNYSE:AVBView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 252 shares on 3/15/2024Ownership: 0.001%Leo Wealth LLCBought 43,054 shares on 3/14/2024Ownership: 0.040%Wellington Management Group LLPBought 192,791 shares on 3/5/2024Ownership: 0.209%Mary S ChanSold 1,977 sharesTotal: $430,966.23 ($217.99/share)Royal London Asset Management Ltd.Bought 1,228 shares on 3/1/2024Ownership: 0.042%View All Insider TransactionsView All Institutional Transactions Should I Buy SBA Communications Stock? SBAC Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of SBA Communications was last updated on Friday, March 15, 2024 at 4:06 AM. Pros Here are some ways that investors could benefit from investing in SBA Communications Co.: SBA Communications Co. has a strong market capitalization of $23.24 billion, indicating stability and potential for growth. The company's diverse portfolio of over 39,000 communications sites across multiple continents provides a wide geographic reach and revenue streams. Recent stock performance shows a 50-day moving average price of $226.69, suggesting a positive trend in the stock value. SBA Communications is part of the S&P 500 index, signifying its credibility and inclusion in a benchmark index. Being one of the top Real Estate Investment Trusts (REITs) by market capitalization, SBA Communications offers investors exposure to a stable and income-generating asset class. Cons Investors should be bearish about investing in SBA Communications Co. for these reasons: The company reported lower-than-expected earnings per share in the last quarter, which may indicate potential challenges in profitability. SBA Communications had a negative return on equity of 9.70%, highlighting a lower return on investment compared to industry peers. The firm's quarterly revenue was down 1.6% on a year-over-year basis, suggesting a decline in revenue growth. The price-to-earnings ratio of 46.96 may indicate that the stock is currently overvalued based on its earnings. While the company has a diverse portfolio, the competitive landscape in the wireless communications infrastructure industry could pose challenges to sustained growth. SBAC Stock Analysis - Frequently Asked Questions Should I buy or sell SBA Communications stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last twelve months. There are currently 11 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 target for 2024? 12 brokerages have issued 1 year target prices for SBA Communications' stock. Their SBAC share price targets range from $227.00 to $327.00. On average, they anticipate the company's stock price to reach $271.50 in the next twelve months. This suggests a possible upside of 27.3% 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 2024? SBA Communications' stock was trading at $253.69 at the beginning of the year. Since then, SBAC stock has decreased by 15.9% and is now trading at $213.26. View the best growth stocks for 2024 here. Are investors shorting SBA Communications? SBA Communications saw a increase in short interest in February. As of February 29th, there was short interest totaling 3,340,000 shares, an increase of 21.5% from the February 14th total of 2,750,000 shares. Based on an average daily trading volume, of 984,700 shares, the short-interest ratio is currently 3.4 days. Currently, 3.1% of the shares of the stock are sold short. 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, May 6th 2024. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) released its quarterly earnings results on Monday, February, 26th. The technology company reported $1.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.37 by $0.36. The technology company earned $675 million during the quarter, compared to the consensus estimate of $682.11 million. SBA Communications had a net margin of 18.51% and a negative trailing twelve-month return on equity of 9.70%. The business's quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the company posted $3.11 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 declared a quarterly dividend on Monday, February 26th. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.98 per share on Thursday, March 28th. This represents a $3.92 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Wednesday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.85. Read our dividend analysis for SBAC. Is SBA Communications a good dividend stock? SBA Communications (NASDAQ:SBAC) pays an annual dividend of $3.92 per share and currently has a dividend yield of 1.82%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 85.03%. 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 30.82% next year. This indicates that the company will be able to sustain or increase its dividend. 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 Fidelity Real Estate Investment ETF (FPRO), Invesco Active U.S. Real Estate ETF (PSR), IQ CBRE NextGen Real Estate ETF (ROOF), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Pacer Data & Infrastructure Real Estate ETF (SRVR), WisdomTree New Economy Real Estate Fund (WTRE), Motley Fool Mid-Cap Growth ETF (TMFM) and Principal Real Estate Active Opportunities ETF (BYRE). What guidance has SBA Communications issued on next quarter's earnings? SBA Communications issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.8 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). Who are SBA Communications' major shareholders? SBA Communications' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.98%), Cohen & Steers Inc. (3.75%), Principal Financial Group Inc. (2.57%), Brown Advisory Inc. (1.94%), Massachusetts Financial Services Co. MA (1.81%) and Dimensional Fund Advisors LP (1.41%). Insiders that own company stock include Brendan Thomas Cavanagh, Brian D Lazarus, Brian D Lazarus, Duncan Cocroft, Fidelma Russo, George R Krouse Jr, George R Krouse, Jr, Jason V Silberstein, Jeffrey Stoops, Joshua Koenig, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mark R Ciarfella, Mary S Chan, Steven E Bernstein 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 This page (NASDAQ:SBAC) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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