Top-Rated StocksTop-RatedMost-Downgraded StocksMost-DowngradedNASDAQ:SBAC SBA Communications (SBAC) Stock Forecast, Price & News $191.49 +1.51 (+0.79%) (As of 10:03 AM ET) Add Compare Share Share Today's Range$190.02▼$193.1750-Day Range$189.98▼$231.0252-Week Range$189.63▼$312.34Volume85,998 shsAverage Volume830,741 shsMarket Capitalization$20.75 billionP/E Ratio41.18Dividend Yield1.78%Price Target$297.42 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SBA Communications MarketRank™ ForecastAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside56.6% Upside$297.42 Price TargetShort InterestHealthy2.56% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.74Based on 4 Articles This WeekInsider TradingSelling Shares$85,070 Sold Last QuarterProj. Earnings Growth4.86%From $12.13 to $12.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.10 out of 5 starsFinance Sector53rd out of 872 stocksReal Estate Investment Trusts Industry7th out of 183 stocks 4.4 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 15 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $297.42, SBA Communications has a forecasted upside of 56.6% from its current price of $189.98.Amount of Analyst CoverageSBA Communications has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.56% 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 3.1, 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 10.48%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.72%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of SBA Communications is 73.12%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SBA Communications will have a dividend payout ratio of 26.73% 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 2.1 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.74. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for SBA Communications this week, compared to 5 articles on an average week.Search InterestOnly 7 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.MarketBeat Follows5 people have added SBA Communications to their MarketBeat watchlist in the last 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 $85,070.00 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 4.86% in the coming year, from $12.13 to $12.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 40.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.32.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 40.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.25. Previous Next See Top Rated MarketRank™ Stocks Here About SBA Communications (NASDAQ:SBAC) StockSBA 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 in 16 markets throughout the Americas, Africa and the Philippines, 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBAC Stock News HeadlinesSeptember 30, 2023 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) PT Lowered to $229.00September 28, 2023 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Reaches New 12-Month Low After Analyst DowngradeOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 21, 2023 | finance.yahoo.comIs SBA Communications (SBAC) Too Good to Be True? A Comprehensive Analysis of a Potential Value TrapSeptember 20, 2023 | finance.yahoo.comSBAC Is a Great Business. Here's Why I Don't Own the StockSeptember 14, 2023 | marketwatch.comSBA Communications Corp. stock rises Thursday, outperforms marketSeptember 13, 2023 | markets.businessinsider.comSBA Communications Appoints Marc Montagner As EVP & CFOSeptember 13, 2023 | finance.yahoo.comSBA Communications Appoints Marc Montagner as Chief Financial OfficerOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 11, 2023 | markets.businessinsider.comWhat 12 Analyst Ratings Have To Say About SBA CommsSeptember 8, 2023 | finance.yahoo.comHere’s Why Diamond Hill Mid Cap Strategy Added SBA Communications Corporation (SBAC)September 6, 2023 | seekingalpha.comSBA Communications Corporation (SBAC) Goldman Sachs 2023 Communacopia + Technology Conference (Transcript)August 29, 2023 | finance.yahoo.comSBA Communications (SBAC) Gains From High Demand Amid 5G HypeAugust 28, 2023 | finance.yahoo.comDoes SBA Communications (SBAC) Have the Potential to Rally 28.61% as Wall Street Analysts Expect?August 23, 2023 | finance.yahoo.comSBA Communications Corporation to Speak at the Goldman Sachs 2023 Communacopia + Technology ConferenceAugust 22, 2023 | markets.businessinsider.comWhere SBA Comms Stands With AnalystsAugust 21, 2023 | finance.yahoo.comUnraveling the Value Trap: A Deep Dive into SBA Communications Corp (SBAC)August 18, 2023 | finance.yahoo.comSBA Communications (SBAC) is an Incredible Growth Stock: 3 Reasons WhyAugust 16, 2023 | marketwatch.comSBA Communications Corp. stock falls Wednesday, underperforms marketAugust 11, 2023 | msn.comB of A Securities Downgrades SBA Communications Corp - (SBAC)August 8, 2023 | marketwatch.comSBA Communications Corp. stock underperforms Monday when compared to competitorsAugust 3, 2023 | markets.businessinsider.comJ.P. Morgan Reaffirms Their Hold Rating on SBA Communications (SBAC)August 3, 2023 | msn.comBMO Capital Maintains SBA Communications Corp - (SBAC) Market Perform RecommendationAugust 2, 2023 | seekingalpha.comCell Towers Devastated? SBA Communications Dominates AgainAugust 2, 2023 | msn.comCitigroup Maintains SBA Communications Corp - (SBAC) Buy RecommendationAugust 1, 2023 | markets.businessinsider.comBMO Capital Keeps Their Hold Rating on SBA Communications (SBAC)August 1, 2023 | finance.yahoo.comIs SBA Communications (SBAC) a Value Trap? An In-depth GF Value AnalysisSee 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 SBAC Company Calendar Last Earnings7/31/2023Ex-Dividend for 9/20 Dividend8/23/2023Dividend Payable9/20/2023Today10/04/2023Next Earnings (Estimated)10/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryWireless Telecommunication Services SectorFinance Current SymbolNASDAQ:SBAC CUSIP78388J10 CIK1034054 Webwww.sbasite.com Phone(561) 995-7670Fax561-995-7626Employees1,834Year Founded1989Price Target and Rating Average Stock Price Forecast$297.42 High Stock Price Forecast$350.00 Low Stock Price Forecast$229.00 Forecasted Upside/Downside+56.6%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$4.65 Trailing P/E Ratio40.86 Forward P/E Ratio15.66 P/E GrowthN/ANet Income$461.43 million Net Margins18.71% Pretax Margin20.19% Return on Equity-9.68% Return on Assets4.88% Debt Debt-to-Equity RatioN/A Current Ratio0.70 Quick Ratio0.70 Sales & Book Value Annual Sales$2.63 billion Price / Sales7.82 Cash Flow$10.64 per share Price / Cash Flow17.85 Book Value($48.86) per share Price / Book-3.89Miscellaneous Outstanding Shares108,380,000Free Float106,649,000Market Cap$20.59 billion OptionableOptionable Beta0.54 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Steven E. Bernstein II (Age 62)Founder & Independent Chairman Comp: $219.58kMr. Jeffrey A. Stoops (Age 64)CEO, Pres & Director Comp: $3.43MMr. Brendan Thomas Cavanagh CPA (Age 51)CFO & Exec. VP Comp: $1.69MMr. Jason V. Silberstein (Age 54)Exec. VP of Site Leasing Comp: $1.43MMr. Mark R. Ciarfella (Age 57)Exec. VP of Operations Mr. Brian D. Lazarus CPA (Age 51)CPA, Sr. VP & Chief Accounting Officer Dr. Dipan D. Patel Ph.D. (Age 48)Exec. VP of Strategy, Technology & New Bus. Initiatives Mr. Elvis T. ClemetsonSr. VP & Chief Information OfficerMr. Joshua Koenig (Age 42)Exec. VP, Chief Admin. Officer & Gen. Counsel Ms. Michelle Eisner (Age 62)Sr. VP & Chief HR Officer More ExecutivesKey CompetitorsCrown CastleNYSE:CCIEquity ResidentialNYSE:EQRAvalonBay CommunitiesNYSE:AVBAlexandria Real Estate EquitiesNYSE:AREIron MountainNYSE:IRMView All CompetitorsInsiders & InstitutionsBarclays PLCBought 84,218 shares on 9/21/2023Ownership: 0.163%Wolverine Trading LLCBought 1,700 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 92,773 shares on 8/22/2023Ownership: 0.086%Osaic Holdings Inc.Sold 1,778 shares on 8/21/2023Ownership: 0.034%Teachers Retirement System of The State of KentuckySold 259 shares on 8/21/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions SBAC Stock - Frequently Asked Questions Should I buy or sell SBA Communications stock right now? 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last twelve months. There are currently 3 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SBAC shares. View SBAC analyst ratings or view top-rated stocks. What is SBA Communications' stock price forecast for 2023? 19 brokerages have issued 12 month price objectives for SBA Communications' stock. Their SBAC share price forecasts range from $229.00 to $350.00. On average, they predict the company's share price to reach $297.42 in the next year. This suggests a possible upside of 56.6% 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 the year. Since then, SBAC shares have decreased by 32.2% and is now trading at $189.98. View the best growth stocks for 2023 here. When is SBA Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) issued its quarterly earnings results on Monday, July, 31st. The technology company reported $1.87 earnings per share for the quarter, missing the consensus estimate of $2.91 by $1.04. The technology company had revenue of $678.50 million for the quarter, compared to the consensus estimate of $676.87 million. SBA Communications had a negative trailing twelve-month return on equity of 9.68% and a net margin of 18.71%. The business's revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.07 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 Sunday, July 30th. Shareholders of record on Thursday, August 24th will be paid a dividend of $0.85 per share on Wednesday, September 20th. This represents a $3.40 annualized dividend and a yield of 1.79%. The ex-dividend date is Wednesday, August 23rd. 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 ETF (WTRE), Motley Fool Mid-Cap Growth ETF (TMFM) and Principal Real Estate Active Opportunities ETF (BYRE). 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 1.70%. 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 73.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBAC will have a dividend payout ratio of 26.73% 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, July, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.71 billion-$2.75 billion, compared to the consensus revenue estimate of $2.71 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." 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 $189.98. How much money does SBA Communications make? SBA Communications (NASDAQ:SBAC) has a market capitalization of $20.59 billion and generates $2.63 billion in revenue each year. The technology company earns $461.43 million in net income (profit) each year or $4.65 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 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SBA Communications Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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