SBA Communications Corporation Company Profile (NASDAQ:SBAC)

About SBA Communications Corporation

SBA Communications Corporation logoSBA Communications Corporation is an independent owner and operator of wireless communications tower structures, rooftops and other structures that support antennas used for wireless communications. The Company's operating segments include site leasing and site development. The site leasing business includes segments, domestic site leasing and international site leasing. The Company's primary business line is its site leasing business. In its site leasing business, the Company leases antenna space to wireless service providers on towers that it owns or operates, and manages rooftop and tower sites for property owners under various contractual arrangements. The Company owns approximately 25,460 towers. It also manages or leases approximately 5,500 actual or potential towers. The Company's other business line is its site development business, through which it assists wireless service providers in developing and maintaining their own wireless service networks.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Communication Services
  • Sub-Industry: Wireless Telecommunication Services
  • Exchange: NASDAQ
  • Symbol: SBAC
  • CUSIP: 78388J10
Key Metrics:
  • Previous Close: $111.16
  • 50 Day Moving Average: $106.26
  • 200 Day Moving Average: $107.71
  • 52-Week Range: $88.95 - $118.57
  • Trailing P/E Ratio: 137.74
  • Foreward P/E Ratio: 93.41
  • P/E Growth: 9.91
  • Market Cap: $13.79B
  • Outstanding Shares: 124,072,000
  • Beta: 0.72
Profitability:
  • Net Margins: 6.38%
  • Return on Equity: -2.24%
  • Return on Assets: 0.49%
Debt:
  • Debt-to-Equity Ratio: -5.10%
  • Current Ratio: 1.16%
  • Quick Ratio: 1.16%
Additional Links:
Companies Related to SBA Communications Corporation:

Analyst Ratings

Consensus Ratings for SBA Communications Corporation (NASDAQ:SBAC) (?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $123.08 (10.73% upside)

Analysts' Ratings History for SBA Communications Corporation (NASDAQ:SBAC)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017Citigroup Inc.DowngradeBuy -> NeutralView Rating Details
12/21/2016BTIG ResearchReiterated RatingBuy$145.00View Rating Details
12/21/2016GuggenheimReiterated RatingNeutralView Rating Details
12/6/2016MacquarieInitiated CoverageNeutral$107.00View Rating Details
11/30/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$130.00View Rating Details
9/12/2016SunTrust Banks, Inc.Initiated CoverageBuy$129.00View Rating Details
8/25/2016Morgan StanleyReiterated RatingBuy$134.00View Rating Details
8/6/2016Jefferies Group LLCReiterated RatingBuyView Rating Details
7/29/2016Pacific CrestReiterated RatingHoldView Rating Details
7/21/2016Barclays PLCBoost Price TargetOverweight$115.00 -> $118.00View Rating Details
5/27/2016Deutsche Bank AGLower Price TargetHold$106.00 -> $102.00View Rating Details
5/3/2016Stifel NicolausBoost Price TargetBuy$112.00 -> $117.00View Rating Details
3/30/2016Moffett NathansonBoost Price Target$133.00 -> $135.00View Rating Details
3/4/2016Wells Fargo & CoDowngradeOutperform -> Market Perform$100.00 -> $95.00View Rating Details
1/13/2016Goldman Sachs Group, Inc. (The)Lower Price Target$116.00View Rating Details
11/5/2015Evercore ISIDowngradeBuy -> HoldView Rating Details
10/2/2015Raymond James Financial, Inc.Lower Price TargetStrong-Buy$143.00 -> $141.00View Rating Details
7/31/2015Canaccord GenuityReiterated RatingBuy$137.00View Rating Details
3/2/2015Royal Bank of CanadaDowngradeTop Pick -> Outperform$125.00 -> $140.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for SBA Communications Corporation (NASDAQ:SBAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017Q416$0.11$416.92 millionN/AView Earnings Details
11/1/2016Q3$0.09$1.53$412.65 million$411.30 millionViewN/AView Earnings Details
7/28/2016Q2$0.14$0.26$403.37 million$405.50 millionViewListenView Earnings Details
5/2/2016Q1$0.05$1.45$399.80 millionViewN/AView Earnings Details
2/25/2016Q4$0.08$1.43$403.59 million$406.90 millionViewListenView Earnings Details
11/4/2015Q3$0.11$1.43$407.41 million$410.70 millionViewListenView Earnings Details
7/29/2015Q2$0.09$1.42$410.17 million$410.70 millionViewListenView Earnings Details
4/23/2015Q115$0.11$1.41$407.31 million$410.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.02$1.39$394.87 million$404.73 millionViewN/AView Earnings Details
11/4/2014Q314($0.01)$1.33$386.50 million$393.30 millionViewListenView Earnings Details
7/24/2014Q214($0.01)$1.31$371.40 million$383.40 millionViewListenView Earnings Details
5/1/2014Q114($0.05)$1.18$334.60 million$345.50 millionViewListenView Earnings Details
2/25/2014Q413($0.05)($0.15)$332.55 million$335.40 millionViewN/AView Earnings Details
11/4/2013Q313($0.12)$0.16$322.27 million$332.09 millionViewN/AView Earnings Details
8/1/2013Q2 2013($0.10)($0.28)$314.05 million$324.30 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.91$0.98$301.80 million$313.10 millionViewN/AView Earnings Details
2/21/2013Q4 2012($0.15)($0.41)$288.74 million$293.80 millionViewN/AView Earnings Details
11/5/2012Q312($0.23)($0.43)$234.64 million$238.60 millionViewN/AView Earnings Details
8/2/2012($0.15)($0.44)ViewN/AView Earnings Details
4/30/2012($0.18)($0.20)ViewN/AView Earnings Details
2/23/2012($0.21)($0.27)ViewN/AView Earnings Details
10/31/2011($0.19)($0.30)ViewN/AView Earnings Details
8/1/2011($0.20)($0.27)ViewN/AView Earnings Details
4/28/2011($0.21)($0.30)ViewN/AView Earnings Details
2/24/2011($0.22)($0.34)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for SBA Communications Corporation (NASDAQ:SBAC)
Current Year EPS Consensus Estimate: $0.66 EPS
Next Year EPS Consensus Estimate: $1.19 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.13$0.13$0.13
Q2 20161$0.17$0.17$0.17
Q3 20162$0.05$0.22$0.14
Q4 20162$0.11$0.15$0.13
Q1 20171$0.33$0.33$0.33
Q2 20171$0.37$0.37$0.37
Q3 20171$0.44$0.44$0.44
Q4 20171$0.49$0.49$0.49
(Data provided by Zacks Investment Research)

Dividends

Dividend History for SBA Communications Corporation (NASDAQ:SBAC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for SBA Communications Corporation (NASDAQ:SBAC)
Insider Ownership Percentage: 2.10%
Institutional Ownership Percentage: 95.31%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2016Duncan CocroftDirectorBuy500$109.14$54,570.00View SEC Filing  
8/10/2016Jeffrey StoopsCEOSell100,000$116.20$11,620,000.00View SEC Filing  
8/9/2016George R Krouse JrDirectorSell1,565$115.84$181,289.60View SEC Filing  
8/9/2016Jason V SilbersteinEVPSell22,192$115.83$2,570,499.36View SEC Filing  
6/16/2016Duncan CocroftDirectorBuy1,000$100.16$100,160.00View SEC Filing  
12/17/2015Jason V. SilbersteinEVPSell49,491$101.20$5,008,489.20View SEC Filing  
8/18/2015George R Krouse JrDirectorSell1,916$126.67$242,699.72View SEC Filing  
8/17/2015Brian D LazarusCAOSell9,163$127.91$1,172,039.33View SEC Filing  
8/17/2015Kurt L BagwellEVPSell19,735$127.77$2,521,540.95View SEC Filing  
6/18/2015Mark R CiarfellaEVPSell20,852$120.13$2,504,950.76View SEC Filing  
3/16/2015Kurt L BagwellEVPSell5,974$119.00$710,906.00View SEC Filing  
11/24/2014Jason V SilbersteinEVPSell14,230$117.24$1,668,325.20View SEC Filing  
9/9/2014Jeffrey StoopsCEOSell30,000$112.20$3,366,000.00View SEC Filing  
8/11/2014Kevin L BeebeDirectorSell15,000$109.56$1,643,400.00View SEC Filing  
8/6/2014Brian C CarrDirectorSell2,576$107.06$275,786.56View SEC Filing  
7/31/2014George R Krouse JrDirectorSell2,000$106.99$213,980.00View SEC Filing  
7/10/2014Mark R CiarfellaEVPSell5,673$105.26$597,139.98View SEC Filing  
5/23/2014Steven BernsteinChairmanSell75,000$100.68$7,551,000.00View SEC Filing  
5/13/2014Jason SilbersteinEVPSell19,583$99.00$1,938,717.00View SEC Filing  
5/9/2014Jack LangerDirectorSell10,000$97.12$971,200.00View SEC Filing  
5/8/2014Jason SilbersteinEVPSell6,590$97.00$639,230.00View SEC Filing  
3/7/2014Kurt BagwellEVPSell47,505$95.26$4,525,326.30View SEC Filing  
3/6/2014Mark CiarfellaEVPSell3,570$95.75$341,827.50View SEC Filing  
11/7/2013Brian LazarusCAOSell9,319$91.66$854,179.54View SEC Filing  
9/16/2013Brendan Thomas CavanaghCFOSell101,628$77.04$7,829,421.12View SEC Filing  
3/6/2013Kurt L BagwellInsiderSell52,975$73.08$3,871,413.00View SEC Filing  
3/5/2013Brian D LazarusCAOSell6,413$73.03$468,341.39View SEC Filing  
3/5/2013Mark R CiarfellaSVPSell7,304$72.85$532,096.40View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for SBA Communications Corporation (NASDAQ:SBAC)
DateHeadline
News IconSBA Communications Corporation (SBAC): The Technicals As Seen Today - NY Stock News (NASDAQ:SBAC)
nystocknews.com - February 25 at 2:36 AM
News IconAnalysts Peeling Back The Layers on SBA Communications Corporation (NASDAQ:SBAC): Consensus Take - Winfield Review (NASDAQ:SBAC)
winfieldreview.com - February 24 at 5:37 AM
feeds.benzinga.com logoSBA Communications Corporation to Speak at the 2017 Deutsche Bank Media & Telecom Conference (NASDAQ:SBAC)
feeds.benzinga.com - February 16 at 3:09 PM
feeds.benzinga.com logoSBA Communications Corporation to Speak at the Raymond James 38th Annual Institutional Investors Conference (NASDAQ:SBAC)
feeds.benzinga.com - February 15 at 12:43 PM
News IconForward Earnings Estimate of SBA Communications Corporation ... - Highland Mirror (NASDAQ:SBAC)
www.highlandmirror.com - February 11 at 4:51 AM
4-traders.com logo8x8, Inc. : Post Earnings Coverage as 8x8 Revenue Surged 23%; Raised Non-GAAP Net Income Guidance (NASDAQ:SBAC)
www.4-traders.com - February 6 at 8:34 AM
finance.yahoo.com logoPost Earnings Coverage as 8x8 Revenue Surged 23%; Raised Non-GAAP Net Income Guidance (NASDAQ:SBAC)
finance.yahoo.com - February 6 at 8:34 AM
News IconAs Sba Communications Corp (SBAC) Share Price Rose, Timessquare Capital Management LLC Has Lowered by $25.03 Million Its Holding (NASDAQ:SBAC)
randolphguide.com - February 3 at 3:38 AM
finance.yahoo.com logo6 Stocks With High Business Predictability (NASDAQ:SBAC)
finance.yahoo.com - January 31 at 10:26 PM
finance.yahoo.com logoBaron Asset Fund Comments on SBA Communications Corp (NASDAQ:SBAC)
finance.yahoo.com - January 30 at 9:05 PM
prnewswire.com logoCommunication Services Stocks on Investors' Radar -- BlackBerry ... - PR Newswire (press release) (NASDAQ:SBAC)
www.prnewswire.com - January 26 at 4:42 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: SBA Communications Corporation (NASDAQ:SBAC) - Wall Street Beacon (NASDAQ:SBAC)
wsbeacon.com - January 22 at 5:28 AM
News IconOne Stock Analysts Are Watching - SBA Communications Corporation (NASDAQ:SBAC) (NASDAQ:SBAC)
thecelebritytruth.com - January 20 at 6:40 AM
News IconWill The Needle Move For SBA Communications Corporation (NASDAQ:SBAC) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:SBAC)
wsbeacon.com - January 18 at 9:21 PM
globenewswire.com logoSBA Communications Completes Merger in Connection with REIT Conversion - GlobeNewswire (press release) (NASDAQ:SBAC)
globenewswire.com - January 18 at 9:21 PM
biz.yahoo.com logoSBA COMMUNICATIONS CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financia (NASDAQ:SBAC)
biz.yahoo.com - January 18 at 9:21 PM
finance.yahoo.com logoSBA Communications Completes Merger in Connection with REIT Conversion (NASDAQ:SBAC)
finance.yahoo.com - January 17 at 12:25 PM
nasdaq.com logoSBA Communications Corp. Breaks Above 200-Day Moving Average - Bullish for SBAC (NASDAQ:SBAC)
www.nasdaq.com - January 14 at 6:05 AM
seekingalpha.com logoSBA Communications shareholders OK REIT conversion (NASDAQ:SBAC)
seekingalpha.com - January 12 at 9:24 PM
finance.yahoo.com logoSBA Communications Shareholders Approve Merger in Connection with REIT Conversion (NASDAQ:SBAC)
finance.yahoo.com - January 12 at 9:24 PM
finance.yahoo.com logo4:11 pm SBA Comm shareholders approve merger in connection with REIT conversion; expected to close no later than tomorrow January 13 (NASDAQ:SBAC)
finance.yahoo.com - January 12 at 9:24 PM
investornewswire.com logoSBA Communications Corporation (NASDAQ:SBAC) Records An Impact Score Of 0 - Investor Newswire (NASDAQ:SBAC)
www.investornewswire.com - January 7 at 2:55 AM
nasdaq.com logoSBA Communications To Present At Citi Internet, Conference; Webcast At 4:15 PM (NASDAQ:SBAC)
www.nasdaq.com - January 5 at 6:20 AM
capitalcube.com logoSBA Communications Corp. breached its 50 day moving average in a Bearish Manner : SBAC-US : January 2, 2017 (NASDAQ:SBAC)
www.capitalcube.com - January 2 at 8:01 AM
News IconIs SBA Communications Corporation (NASDAQ:SBAC), a large market cap stock a smart buy? (NASDAQ:SBAC)
twincountynews.com - December 31 at 1:03 AM
stocksdaily.net logoSBA Communications Corporation (NASDAQ:SBAC) EPS Projection At $0.11? - Stocks Daily (NASDAQ:SBAC)
www.stocksdaily.net - December 30 at 8:28 AM
investornewswire.com logoSentiments And Ratings Alert: SBA Communications Corporation (NASDAQ:SBAC) - Investor Newswire (NASDAQ:SBAC)
www.investornewswire.com - December 23 at 1:09 AM
capitalcube.com logoSBA Communications Corp. – Value Analysis (NASDAQ:SBAC) : December 22, 2016 (NASDAQ:SBAC)
www.capitalcube.com - December 22 at 8:06 PM
capitalcube.com logoETFs with exposure to SBA Communications Corp. : December 21, 2016 (NASDAQ:SBAC)
www.capitalcube.com - December 21 at 10:28 PM
capitalcube.com logoSBA Communications Corp. breached its 50 day moving average in a Bearish Manner : SBAC-US : December 21, 2016 (NASDAQ:SBAC)
www.capitalcube.com - December 21 at 11:04 AM
forbes.com logoGet An Even Better Deal On SBAC Than Director Cocroft Did (NASDAQ:SBAC)
www.forbes.com - December 20 at 3:34 PM
News IconChecking the Levels on Shares of SBA Communications Corporation (NASDAQ:SBAC) - Marion Business Daily (NASDAQ:SBAC)
marionbusinessdaily.com - December 20 at 2:29 PM
finance.yahoo.com logoSBA Communications Corporation to Speak at the 2017 Citi Internet, Media & Telecommunications Conference (NASDAQ:SBAC)
finance.yahoo.com - December 20 at 2:29 PM
feeds.benzinga.com logoWireless Tower Companies Remain A Bullish Investment Opportunity (NASDAQ:SBAC)
feeds.benzinga.com - December 20 at 12:43 PM
News IconLeading stocks in today’s market: SBA Communications Corporation (NASDAQ:SBAC) (NASDAQ:SBAC)
twincountynews.com - December 18 at 8:04 PM
News IconKeeping Tabs on Levels for SBA Communications Corporation (NASDAQ:SBAC) - Marion Business Daily (NASDAQ:SBAC)
marionbusinessdaily.com - December 18 at 2:41 AM
prnewswire.com logoCommunication Services Stocks on Investors' Radar -- BlackBerry, Vonage, SBA Communications, and Iridium ... - PR Newswire (press release) (NASDAQ:SBAC)
www.prnewswire.com - December 16 at 10:46 PM
News IconInvestor Watch: Volatility Review for SBA Communications Corporation (NASDAQ:SBAC) - The Business Journal (NASDAQ:SBAC)
belmontbusinessjournal.com - December 15 at 3:03 AM
marketexclusive.com logoSBA Communications Corporation (NASDAQ:SBAC) Files An 8-K Other Events (NASDAQ:SBAC)
marketexclusive.com - December 13 at 8:05 PM
News IconWhat are Analysts Expecting for SBA Communications Corporation (NASDAQ:SBAC) Earnings? (NASDAQ:SBAC)
flapship.com - December 12 at 7:47 PM
stocksdaily.net logoFY2016 EPS Projection For SBA Communications Corporation (NASDAQ:SBAC) Set At $1.15 - Stocks Daily (NASDAQ:SBAC)
www.stocksdaily.net - December 12 at 9:21 AM
News IconStock Update: Focusing on Shares of SBA Communications Corporation (NASDAQ:SBAC) - The Business Journal (NASDAQ:SBAC)
belmontbusinessjournal.com - December 10 at 8:25 AM
finance.yahoo.com logoSBA Communications Corporation to Hold Special Meeting of Shareholders (NASDAQ:SBAC)
finance.yahoo.com - December 9 at 7:37 PM
biz.yahoo.com logoSBA COMMUNICATIONS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SBAC)
biz.yahoo.com - December 9 at 7:37 PM
finance.yahoo.com logoCoverage initiated on SBA Comm by Macquarie (NASDAQ:SBAC)
finance.yahoo.com - December 6 at 7:20 PM
News IconLarge Cap Diversified Communication Services: SBA Communications Corporation (NASDAQ:SBAC) (NASDAQ:SBAC)
twincountynews.com - December 5 at 7:32 PM
News IconBritish Columbia Investment Management Corp Lowers Position in SBA Communications Corp. (SBAC) (NASDAQ:SBAC)
diariocatolico.net - December 5 at 9:20 AM
News IconUpdate on SBA Communications Corporation (NASDAQ:SBAC) for the day (NASDAQ:SBAC)
twincountynews.com - December 4 at 6:38 PM
News IconTop Gainers of the Day: SBA Communications Corporation (NASDAQ:SBAC) from Diversified Communication Services (NASDAQ:SBAC)
twincountynews.com - December 4 at 9:01 AM
News IconInvestor Focus: Watching Shares of SBA Communications Corporation (NASDAQ:SBAC) - The Business Journal (NASDAQ:SBAC)
belmontbusinessjournal.com - December 2 at 7:17 PM

Social

What is SBA Communications Corporation's stock symbol?

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

Where is SBA Communications Corporation's stock going? Where will SBA Communications Corporation's stock price be in 2017?

13 equities research analysts have issued 12 month price targets for SBA Communications Corporation's shares. Their predictions range from $95.00 to $145.00. On average, they expect SBA Communications Corporation's share price to reach $123.08 in the next twelve months.

When will SBA Communications Corporation announce their earnings?

SBA Communications Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns SBA Communications Corporation stock?

SBA Communications Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (2.61%), State Street Corp (2.57%), William Blair Investment Management LLC (1.91%), Franklin Resources Inc. (1.68%), Stockbridge Partners LLC (1.65%) and Fairview Capital Investment Management LLC (0.94%). Company insiders that own SBA Communications Corporation stock include Brian D Lazarus, Duncan Cocroft, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Kurt L Bagwell and Mark R Ciarfella.

Who sold SBA Communications Corporation stock? Who is selling SBA Communications Corporation stock?

SBA Communications Corporation's stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., William Blair Investment Management LLC, Franklin Resources Inc., State Street Corp, Janus Capital Management LLC, FMR LLC, Marshall Wace LLP and Oxford Asset Management. Company insiders that have sold SBA Communications Corporation stock in the last year include George R Krouse Jr, Jason V Silberstein and Jeffrey Stoops.

Who bought SBA Communications Corporation stock? Who is buying SBA Communications Corporation stock?

SBA Communications Corporation's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Triple Frond Partners LLC, Asset Management One Co. Ltd., Frontier Capital Management Co. LLC, Lucha Capital Management LP, FIL Ltd, Turner Investments LLC and A.R.T. Advisors LLC.

How do I buy SBA Communications Corporation stock?

Shares of SBA Communications Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of SBA Communications Corporation stock cost?

One share of SBA Communications Corporation stock can currently be purchased for approximately $111.16.

SBA Communications Corporation (NASDAQ:SBAC) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for SBA Communications Corporation (NASDAQ:SBAC)

Earnings History Chart

Earnings by Quarter for SBA Communications Corporation (NASDAQ:SBAC)

Dividend History Chart

Dividend Payments by Quarter for SBA Communications Corporation (NASDAQ:SBAC)

Last Updated on 2/25/2017 by MarketBeat.com Staff