Top-Rated StocksTop-RatedNASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis $214.71 +3.64 (+1.72%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$211.27▼$215.6950-Day Range$186.38▼$214.7152-Week Range$183.64▼$258.76Volume911,889 shsAverage Volume941,294 shsMarket Capitalization$23.07 billionP/E Ratio42.10Dividend Yield1.83%Price Target$248.31 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 Buy2.92 Rating ScoreUpside/Downside15.6% Upside$248.31 Price TargetShort InterestHealthy1.93% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.79Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth-1.12%From $12.51 to $12.37 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.4.88 out of 5 starsFinance Sector24th out of 898 stocksReal Estate Investment Trusts Industry1st out of 181 stocks 3.5 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSBA Communications has been the subject of 7 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 4.0 Short Interest Percentage of Shares Shorted1.93% 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 2.3, 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 0.97%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.91%, 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 31.69% 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 3.2 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.79. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for SBA Communications this week, compared to 7 articles on an average week.Search Interest4 people have searched for SBAC on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 1.30% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to decrease by -1.12% in the coming year, from $12.51 to $12.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 42.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 42.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 0.66. 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 Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 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 HeadlinesJuly 12, 2024 | marketbeat.comStock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as SeptemberJuly 26 at 1:27 AM | americanbankingnews.comStockNews.com Upgrades SBA Communications (NASDAQ:SBAC) to BuyJuly 26, 2024 | InvestorPlace (Ad)Breaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.July 22, 2024 | americanbankingnews.comSBA Communications (SBAC) Set to Announce Quarterly Earnings on MondayJuly 20, 2024 | msn.comWhy Are Hedge Funds Bullish on SBA Communications Corporation (SBAC) Now?July 19, 2024 | marketwatch.comSBA Communications Corp. stock underperforms Thursday when compared to competitorsJuly 19, 2024 | americanbankingnews.comStockNews.com Upgrades SBA Communications (NASDAQ:SBAC) to "Buy"July 17, 2024 | investorplace.com3 REITs to Buy NowJuly 26, 2024 | InvestorPlace (Ad)Breaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.July 16, 2024 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Lowered to Equal Weight at Wells Fargo & CompanyJuly 8, 2024 | seekingalpha.comSBA Communications: Too Expensive For What It DeliversJune 4, 2024 | insidermonkey.comDoes SBA Communications Corporation (SBAC) Face Near-Term Challenges?May 28, 2024 | msn.comAt 5-Year Lows, Is SBAC Stock (NASDAQ:SBAC) Worth Buying?May 6, 2024 | businesswire.comSBA Communications Corporation to Speak at The JP Morgan 52nd Annual Global Technology, Media and Communications ConferenceMay 1, 2024 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q1 2024 Earnings Call TranscriptMay 1, 2024 | seekingalpha.comSBA Communications: Value Investors Having The Last LaughApril 30, 2024 | markets.businessinsider.comSBA Communications: Resilience Amid Fluctuations Justifies Buy RatingApril 30, 2024 | businesswire.comSBA Communications Corporation to Speak at the MoffettNathanson 2024 Media and Communications ConferenceSee 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 Earnings4/29/2024Ex-Dividend for 6/19 Dividend5/22/2024Dividend Payable6/19/2024Today7/26/2024Next Earnings (Confirmed)7/29/2024Fiscal 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$248.31 High Stock Price Target$315.00 Low Stock Price Target$212.00 Potential Upside/Downside+15.9%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$5.10 Trailing P/E Ratio42.02 Forward P/E Ratio17.13 P/E Growth0.66Net Income$501.81 million Net Margins20.61% Pretax Margin21.38% Return on Equity-10.75% Return on Assets5.40% Debt Debt-to-Equity RatioN/A Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$2.71 billion Price / Sales8.49 Cash Flow$13.45 per share Price / Cash Flow15.93 Book Value($47.86) per share Price / Book-4.48Miscellaneous Outstanding Shares107,440,000Free Float106,046,000Market Cap$23.03 billion OptionableOptionable Beta0.65 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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 & InstitutionsBank of New York Mellon CorpSold 16,855 shares on 7/26/2024Ownership: 0.647%Skylands Capital LLCBought 26,500 shares on 7/26/2024Ownership: 0.049%State of Michigan Retirement SystemSold 100 shares on 7/26/2024Ownership: 0.027%AlphaStar Capital Management LLCSold 127 shares on 7/26/2024Ownership: 0.003%Checchi Capital Advisers LLCBought 57 shares on 7/26/2024Ownership: 0.001%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 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... Cons Investors should be bearish about investing in SBA Communications Co. for these reasons: No specific cons were found in the recent data for SBA Communications Co. 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, July 1, 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 at the start of the year. Since then, SBAC stock has decreased by 15.4% and is now trading at $214.71. View the best growth stocks for 2024 here. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) announced its earnings results on Monday, April, 29th. The technology company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.21. The company's revenue was down 2.6% 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? SBA Communications subsidiaries include 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 investors of SBA Communications include Bank of New York Mellon Corp (0.65%), Schwartz Investment Counsel Inc. (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.21%) and Allspring Global Investments Holdings LLC (0.11%). 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). This page (NASDAQ:SBAC) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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