Top-Rated StocksTop-Rated SBA Communications Stock Price, News & Analysis (NASDAQ:SBAC) $250.39 +1.49 (+0.60%) (As of 12/5/2023 ET) Add Compare Share Share Today's Range$247.75▼$251.1850-Day Range$189.44▼$250.5752-Week Range$185.23▼$312.34Volume711,527 shsAverage Volume840,187 shsMarket Capitalization$27.01 billionP/E Ratio55.15Dividend Yield1.36%Price Target$279.12 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability SBA Communications MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside11.5% Upside$279.12 Price TargetShort InterestHealthy2.44% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.45Based on 13 Articles This WeekInsider TradingSelling Shares$21.72 M Sold Last QuarterProj. Earnings Growth3.76%From $12.22 to $12.68 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.3.03 out of 5 starsReal Estate Sector1st out of 29 stocksREIT - Specialty Industry1st out of 2 stocks 3.4 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $279.12, SBA Communications has a forecasted upside of 11.5% from its current price of $250.39.Amount of Analyst CoverageSBA Communications has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.44% 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 3.2, 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 8.13%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.36%, 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 74.89%. 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 26.81% 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 2.5 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.45. 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 Real Estate companies.News Coverage This WeekMarketBeat has tracked 13 news articles for SBA Communications this week, compared to 5 articles on an average week.Search InterestOnly 2 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows10 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 11% 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 $21,723,061.00 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 3.76% in the coming year, from $12.22 to $12.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 55.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.88.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 55.15, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 160.98.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 1.38. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks 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 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBAC Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comSBA Communications Co. (NASDAQ:SBAC) EVP Sells $1,225,250.00 in StockDecember 2, 2023 | finance.yahoo.comInsider Sell Alert: EVP Mark Ciarfella Sells 5,000 Shares of SBA Communications Corp (SBAC)December 6, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 2, 2023 | americanbankingnews.comAnalysts Set SBA Communications Co. (NASDAQ:SBAC) Price Target at $279.12December 1, 2023 | finance.yahoo.comCell-Tower REITs Are Beckoning Investors. Pick Up the Call.December 1, 2023 | americanbankingnews.comJeffrey Stoops Sells 37,889 Shares of SBA Communications Co. (NASDAQ:SBAC) StockNovember 26, 2023 | americanbankingnews.comGeorge R. Krouse, Jr. Sells 500 Shares of SBA Communications Co. (NASDAQ:SBAC) StockNovember 25, 2023 | nasdaq.comSBA Communications (NASDAQ:SBAC): A Pinnacle Performer in the REIT RealmDecember 6, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 24, 2023 | finance.yahoo.comInsider Sell Alert: Director Krouse George R Jr Sells Shares of SBA Communications Corp (SBAC)November 22, 2023 | finance.yahoo.comSBA Communications (SBAC) Soars 16.7% QTD: Will the Trend Last?November 21, 2023 | morningstar.comSBA Communications Corp Class ANovember 18, 2023 | morningstar.comSBA Communications Corp Class A SBACNovember 16, 2023 | gurufocus.comInsider Sell Alert: Director Kevin Beebe Sells 1,500 Shares of SBA Communications Corp (SBAC)November 14, 2023 | finance.yahoo.comSBA Communications Corp's Dividend AnalysisNovember 11, 2023 | finance.yahoo.comBaron Asset Fund Sold SBA Communications Corporation (SBAC) Due to Concerns Over Higher Interest RatesNovember 8, 2023 | finance.yahoo.comThe SBA Communications Corp (SBAC) Company: A Short SWOT AnalysisNovember 4, 2023 | markets.businessinsider.comOptimistic Outlook on SBA Communications: Strong Performance and Positive Future Projections Despite Macroeconomic ChallengesNovember 3, 2023 | finance.yahoo.comSBA Communications' (SBAC) Q3 AFFO Beat, '23 View RaisedNovember 3, 2023 | markets.businessinsider.comMaintaining Buy Rating for SBA Communications Despite Anticipated Leasing Slowdown and Focus on DeleveragingNovember 3, 2023 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | seekingalpha.comSBA Communications Corporation 2023 Q3 - Results - Earnings Call PresentationNovember 2, 2023 | finance.yahoo.comSBA Communications (SBAC) Q3 Earnings: How Key Metrics Compare to Wall Street EstimatesNovember 2, 2023 | finance.yahoo.comSBA Communications Corp (SBAC) Reports 8.5% Increase in Site Leasing Revenue for Q3 2023November 2, 2023 | markets.businessinsider.comSBA Communications Q3 Revenue Beat Street, AFFO IncreasesNovember 2, 2023 | finance.yahoo.comSBA Communications Corporation Reports Third Quarter 2023 Results; Updates Full Year 2023 Outlook; and Declares Quarterly Cash DividendOctober 30, 2023 | finance.yahoo.comKey Factors to Impact SBA Communications' (SBAC) Q3 EarningsSee 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 Earnings7/31/2023Ex-Dividend for 9/20 Dividend8/23/2023Dividend Payable9/20/2023Ex-Dividend for 12/14 Dividend11/15/2023Today12/05/2023Dividend Payable12/14/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry REIT - Specialty Sub-IndustryWireless Telecommunication Services SectorReal Estate Current SymbolNASDAQ:SBAC CUSIP78388J10 CIK1034054 Webwww.sbasite.com Phone(561) 995-7670Fax561-995-7626Employees1,834Year Founded1989Price Target and Rating Average Stock Price Target$279.12 High Stock Price Target$350.00 Low Stock Price Target$227.00 Potential Upside/Downside+11.5%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$4.54 Trailing P/E Ratio55.15 Forward P/E Ratio20.49 P/E Growth1.38Net Income$461.43 million Net Margins18.20% Pretax Margin19.79% Return on Equity-9.53% Return on Assets4.71% Debt Debt-to-Equity RatioN/A Current Ratio0.69 Quick Ratio0.69 Sales & Book Value Annual Sales$2.63 billion Price / Sales10.26 Cash Flow$11.21 per share Price / Cash Flow22.34 Book Value($48.86) per share Price / Book-5.12Miscellaneous Outstanding Shares107,890,000Free Float106,161,000Market Cap$27.01 billion OptionableOptionable Beta0.61 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Steven E. Bernstein II (Age 62)Founder & Independent Chairman Comp: $219.58kMr. Jeffrey A. Stoops (Age 64)CEO, President & Director Comp: $3.43MMr. Brendan Thomas Cavanagh CPA (Age 51)CFO & Executive VP Comp: $1.69MMr. Jason V. Silberstein (Age 54)Executive Vice President of Site Leasing Comp: $1.43MMr. Mark R. Ciarfella (Age 57)Executive Vice President of Operations Mr. Brian D. Lazarus CPA (Age 51)Senior VP & Chief Accounting Officer Dr. Dipan D. Patel Ph.D. (Age 48)Executive Vice President of Strategy, Technology & New Business Initiatives Mr. Elvis T. ClemetsonSenior VP & Chief Information OfficerMr. Joshua Koenig (Age 42)Executive Vice President, Chief Administrative Officer & General Counsel Ms. Michelle Eisner (Age 62)Senior VP & Chief Human Resources Officer More ExecutivesKey CompetitorsAvalonBay CommunitiesNYSE:AVBEquity ResidentialNYSE:EQRAlexandria Real Estate EquitiesNYSE:AREDigital Realty TrustNYSE:DLRLamar AdvertisingNASDAQ:LAMRView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 493 shares on 12/1/2023Ownership: 0.030%B. Riley Wealth Advisors Inc.Sold 54 shares on 12/1/2023Ownership: 0.002%American Century Companies Inc.Sold 76,645 shares on 11/30/2023Ownership: 0.801%Mark R CiarfellaSold 5,000 sharesTotal: $1.23 M ($245.05/share)Jeffrey StoopsSold 37,889 sharesTotal: $9.02 M ($237.94/share)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 Sunday, December 3, 2023 at 4:50 PM. Pros Here are some ways that investors could benefit from investing in SBA Communications Co.: SBA Communications is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells. This positions the company to benefit from the increasing demand for wireless connectivity. The company has a portfolio of more than 39,000 communications sites in 16 markets throughout the Americas, Africa, and the Philippines. This extensive network provides a strong foundation for growth and expansion. Recent insider transactions indicate confidence in the company's future. The chief executive officer and director have both sold shares at prices above the current stock price, suggesting they believe in the company's long-term prospects. Analysts have issued positive ratings and price targets for SBA Communications, indicating optimism about the company's performance. This suggests that there is potential for the stock price to increase in the future. The company's financial data shows consistent revenue growth over the past year, indicating a strong business performance. This stability can provide investors with confidence in the company's ability to generate returns. Cons Investors should be bearish about investing in SBA Communications Co. for these reasons: The stock price of SBA Communications has experienced volatility in the past, which may make it a riskier investment option for some investors. The company operates in a highly competitive industry, which could potentially impact its market share and profitability. There is a possibility of regulatory changes or restrictions in the wireless communications industry, which could affect SBA Communications' operations and financial performance. Investing in individual stocks carries inherent risks, and investors should carefully consider their risk tolerance and diversification strategies before investing in SBA Communications. Market conditions and economic factors can impact the performance of SBA Communications and the broader telecommunications industry, which may affect the company's stock price. SBAC Stock Analysis - 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 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 target for 2024? 16 Wall Street research analysts have issued twelve-month price objectives for SBA Communications' stock. Their SBAC share price targets range from $227.00 to $350.00. On average, they anticipate the company's share price to reach $279.12 in the next year. This suggests a possible upside of 11.5% 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 on January 1st, 2023. Since then, SBAC stock has decreased by 10.7% and is now trading at $250.39. 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 Tuesday, February 20th 2024. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) issued its quarterly earnings data on Monday, July, 31st. The technology company reported $1.87 earnings per share for the quarter, missing analysts' consensus estimates of $2.91 by $1.04. The technology company had revenue of $678.50 million for the quarter, compared to analyst estimates of $676.87 million. SBA Communications had a net margin of 18.20% and a negative trailing twelve-month return on equity of 9.53%. The company's quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business posted $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 Thursday, November 2nd. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.85 per share on Thursday, December 14th. This represents a $3.40 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Wednesday, November 15th. 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 1.36%. 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 74.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBAC will have a dividend payout ratio of 26.81% 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 updated its FY23 earnings guidance on Thursday, November, 2nd. The company provided earnings per share guidance of $12.91-13.13 for the period, compared to the consensus estimate of $12.94. The company issued revenue guidance of $2.705-2.725 billion, compared to the consensus revenue estimate of $2.72 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 a variety of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (2.59%), JPMorgan Chase & Co. (2.41%), Deutsche Bank AG (2.36%), Deutsche Bank AG (2.38%), Invesco Ltd. (1.98%) and Brown Advisory Inc. (1.79%). 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, Joshua Koenig, 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. 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 12/6/2023 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.