S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
From -60% Account to Doubling His Money? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Get MarketBeat All Access Free for 30 Days (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
From -60% Account to Doubling His Money? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Get MarketBeat All Access Free for 30 Days (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
From -60% Account to Doubling His Money? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Get MarketBeat All Access Free for 30 Days (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
From -60% Account to Doubling His Money? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Get MarketBeat All Access Free for 30 Days (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company

SBA Communications (SBAC) Stock Forecast, Price & News

$225.65
+4.96 (+2.25%)
(As of 06/2/2023 ET)
Compare
Today's Range
$220.69
$229.98
50-Day Range
$220.69
$265.35
52-Week Range
$218.61
$356.59
Volume
1.53 million shs
Average Volume
794,509 shs
Market Capitalization
$24.45 billion
P/E Ratio
65.98
Dividend Yield
1.51%
Price Target
$322.93

SBA Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
43.1% Upside
$322.93 Price Target
Short Interest
Healthy
1.17% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.23
Upright™ Environmental Score
News Sentiment
1.22mentions of SBA Communications in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.22%
From $11.74 to $12.47 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.85 out of 5 stars

Finance Sector

193rd out of 874 stocks

Real Estate Investment Trusts Industry

26th out of 191 stocks


SBAC stock logo

About SBA Communications (NASDAQ:SBAC) Stock

SBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment is involved in consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.

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.

SBAC Stock News Headlines

SBA Communications Co. (NASDAQ:SBAC) Short Interest Update
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert
Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.
Expert Ratings for SBA Comms
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert
Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.
Wells Fargo Keeps Their Buy Rating on SBA Communications (SBAC)
See More Headlines

SBAC Price History

SBAC Company Calendar

Ex-Dividend for 3/24 Dividend
3/09/2023
Dividend Payable
3/24/2023
Last Earnings
5/01/2023
Ex-Dividend for 6/21 Dividend
5/25/2023
Today
6/02/2023
Dividend Payable
6/21/2023
Next Earnings (Estimated)
8/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Wireless Telecommunication Services
Sector
Finance
Current Symbol
NASDAQ:SBAC
CUSIP
78388J10
Employees
1,834
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$322.93
High Stock Price Forecast
$365.00
Low Stock Price Forecast
$290.00
Forecasted Upside/Downside
+43.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
16 Analysts

Profitability

Net Income
$461.43 million
Pretax Margin
16.40%

Debt

Sales & Book Value

Annual Sales
$2.63 billion
Cash Flow
$11.41 per share
Book Value
($48.64) per share

Miscellaneous

Free Float
106,606,000
Market Cap
$24.45 billion
Optionable
Optionable
Beta
0.51

Social Links


Key Executives

  • Jeffrey A. StoopsJeffrey A. Stoops
    President, Chief Executive Officer & Director
  • Mark R. CiarfellaMark R. Ciarfella
    Executive Vice President-Operations
  • Brendan Thomas CavanaghBrendan Thomas Cavanagh
    Chief Financial Officer & Executive Vice President
  • Dipan D. Patel
    Executive Vice President-Strategy & Technology
  • Elvis T. Clemetson
    Chief Information Officer & Senior Vice President













SBAC Stock - Frequently Asked Questions

Should I buy or sell SBA Communications stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SBAC shares.
View SBAC analyst ratings
or view top-rated stocks.

What is SBA Communications' stock price forecast for 2023?

16 analysts have issued twelve-month price objectives for SBA Communications' stock. Their SBAC share price forecasts range from $290.00 to $365.00. On average, they anticipate the company's stock price to reach $322.93 in the next year. This suggests a possible upside of 43.1% 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 2023?

SBA Communications' stock was trading at $280.31 at the beginning of 2023. Since then, SBAC stock has decreased by 19.5% and is now trading at $225.65.
View the best growth stocks for 2023 here
.

Are investors shorting SBA Communications?

SBA Communications saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,250,000 shares, a decline of 17.2% from the April 30th total of 1,510,000 shares. Based on an average trading volume of 816,900 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.2% of the company's 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, August 7th 2023.
View our SBAC earnings forecast
.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) posted its earnings results on Monday, May, 1st. The technology company reported $0.93 earnings per share for the quarter, missing analysts' consensus estimates of $1.21 by $0.28. The technology company earned $675.52 million during the quarter, compared to analyst estimates of $672.47 million. SBA Communications had a negative trailing twelve-month return on equity of 7.01% and a net margin of 13.91%. The business's revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.96 EPS.
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 Sunday, April 30th. Investors of record on Friday, May 26th will be given a dividend of $0.85 per share on Wednesday, June 21st. This represents a $3.40 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Thursday, May 25th.
Read our dividend analysis for SBAC
.

Is SBA Communications a good dividend stock?

SBA Communications (NASDAQ:SBAC) pays an annual dividend of $3.40 per share and currently has a dividend yield of 1.53%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 99.42%. 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 27.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBAC.

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

SBA Communications updated its FY 2023 earnings guidance on Monday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.69 billion-$2.73 billion, compared to the consensus revenue estimate of $2.70 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).

What is SBA Communications' stock symbol?

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

Who are SBA Communications' major shareholders?

SBA Communications' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.51%), State Street Corp (4.38%), Price T Rowe Associates Inc. MD (2.87%), Principal Financial Group Inc. (2.54%), Deutsche Bank AG (2.52%) and JPMorgan Chase & Co. (2.35%). Insiders that own company stock include Brendan Thomas Cavanagh, Brian D Lazarus, Duncan Cocroft, Fidelma Russo, George R Krouse Jr, George R Krouse, Jr, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mark R Ciarfella 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SBA Communications' stock price today?

One share of SBAC stock can currently be purchased for approximately $225.65.

How much money does SBA Communications make?

SBA Communications (NASDAQ:SBAC) has a market capitalization of $24.45 billion and generates $2.63 billion in revenue each year. The technology company earns $461.43 million in net income (profit) each year or $3.42 on an earnings per share basis.

How many employees does SBA Communications have?

The company employs 1,834 workers across the globe.

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
How can I contact SBA Communications?

SBA Communications' mailing address is 8051 CONGRESS AVENUE, BOCA RATON FL, 33487. The official website for the company is www.sbasite.com. The technology company can be reached via phone at (561) 995-7670, via email at ir@sbasite.com, or via fax at 561-995-7626.

This page (NASDAQ:SBAC) was last updated on 6/3/2023 by MarketBeat.com Staff

My Account -