S&P 500   4,230.07 (+0.01%)
DOW   32,937.84 (-0.20%)
QQQ   356.21 (+0.36%)
AAPL   172.15 (-0.15%)
MSFT   315.89 (+0.80%)
META   300.04 (-0.30%)
GOOGL   132.83 (+0.30%)
AMZN   126.12 (+1.12%)
TSLA   251.57 (+2.04%)
NVDA   436.93 (+0.40%)
NIO   8.67 (+0.70%)
BABA   83.92 (-0.73%)
AMD   100.64 (+0.56%)
T   14.55 (-1.56%)
F   12.03 (-0.33%)
MU   67.76 (-0.10%)
CGC   0.73 (+6.28%)
GE   108.06 (+0.28%)
DIS   79.32 (-0.28%)
AMC   7.87 (+0.25%)
PFE   33.79 (-0.32%)
PYPL   57.56 (+0.45%)
NFLX   376.59 (-0.04%)
S&P 500   4,230.07 (+0.01%)
DOW   32,937.84 (-0.20%)
QQQ   356.21 (+0.36%)
AAPL   172.15 (-0.15%)
MSFT   315.89 (+0.80%)
META   300.04 (-0.30%)
GOOGL   132.83 (+0.30%)
AMZN   126.12 (+1.12%)
TSLA   251.57 (+2.04%)
NVDA   436.93 (+0.40%)
NIO   8.67 (+0.70%)
BABA   83.92 (-0.73%)
AMD   100.64 (+0.56%)
T   14.55 (-1.56%)
F   12.03 (-0.33%)
MU   67.76 (-0.10%)
CGC   0.73 (+6.28%)
GE   108.06 (+0.28%)
DIS   79.32 (-0.28%)
AMC   7.87 (+0.25%)
PFE   33.79 (-0.32%)
PYPL   57.56 (+0.45%)
NFLX   376.59 (-0.04%)
S&P 500   4,230.07 (+0.01%)
DOW   32,937.84 (-0.20%)
QQQ   356.21 (+0.36%)
AAPL   172.15 (-0.15%)
MSFT   315.89 (+0.80%)
META   300.04 (-0.30%)
GOOGL   132.83 (+0.30%)
AMZN   126.12 (+1.12%)
TSLA   251.57 (+2.04%)
NVDA   436.93 (+0.40%)
NIO   8.67 (+0.70%)
BABA   83.92 (-0.73%)
AMD   100.64 (+0.56%)
T   14.55 (-1.56%)
F   12.03 (-0.33%)
MU   67.76 (-0.10%)
CGC   0.73 (+6.28%)
GE   108.06 (+0.28%)
DIS   79.32 (-0.28%)
AMC   7.87 (+0.25%)
PFE   33.79 (-0.32%)
PYPL   57.56 (+0.45%)
NFLX   376.59 (-0.04%)
S&P 500   4,230.07 (+0.01%)
DOW   32,937.84 (-0.20%)
QQQ   356.21 (+0.36%)
AAPL   172.15 (-0.15%)
MSFT   315.89 (+0.80%)
META   300.04 (-0.30%)
GOOGL   132.83 (+0.30%)
AMZN   126.12 (+1.12%)
TSLA   251.57 (+2.04%)
NVDA   436.93 (+0.40%)
NIO   8.67 (+0.70%)
BABA   83.92 (-0.73%)
AMD   100.64 (+0.56%)
T   14.55 (-1.56%)
F   12.03 (-0.33%)
MU   67.76 (-0.10%)
CGC   0.73 (+6.28%)
GE   108.06 (+0.28%)
DIS   79.32 (-0.28%)
AMC   7.87 (+0.25%)
PFE   33.79 (-0.32%)
PYPL   57.56 (+0.45%)
NFLX   376.59 (-0.04%)
Top-Rated StocksTop-RatedMost-Downgraded StocksMost-Downgraded
NASDAQ:SBAC

SBA Communications (SBAC) Stock Forecast, Price & News

$191.49
+1.51 (+0.79%)
(As of 10:03 AM ET)
Compare
Today's Range
$190.02
▼
$193.17
50-Day Range
$189.98
▼
$231.02
52-Week Range
$189.63
▼
$312.34
Volume
85,998 shs
Average Volume
830,741 shs
Market Capitalization
$20.75 billion
P/E Ratio
41.18
Dividend Yield
1.78%
Price Target
$297.42
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

SBA Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
56.6% Upside
$297.42 Price Target
Short Interest
Healthy
2.56% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.23
Upright™ Environmental Score
News Sentiment
0.74mentions of SBA Communications in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$85,070 Sold Last Quarter
Proj. Earnings Growth
4.86%
From $12.13 to $12.72 Per Share

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 stars

Finance Sector

53rd out of 872 stocks

Real Estate Investment Trusts Industry

7th out of 183 stocks

See Top Rated MarketRank™ Stocks Here

SBAC stock logo

About SBA Communications (NASDAQ:SBAC) Stock

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.

SBAC Price History

SBAC Stock News Headlines

September 30, 2023 | americanbankingnews.com
SBA Communications (NASDAQ:SBAC) PT Lowered to $229.00
September 28, 2023 | americanbankingnews.com
SBA Communications (NASDAQ:SBAC) Reaches New 12-Month Low After Analyst Downgrade
October 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.com
Is SBA Communications (SBAC) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap
September 20, 2023 | finance.yahoo.com
SBAC Is a Great Business. Here's Why I Don't Own the Stock
September 14, 2023 | marketwatch.com
SBA Communications Corp. stock rises Thursday, outperforms market
September 13, 2023 | markets.businessinsider.com
SBA Communications Appoints Marc Montagner As EVP & CFO
September 13, 2023 | finance.yahoo.com
SBA Communications Appoints Marc Montagner as Chief Financial Officer
October 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.com
What 12 Analyst Ratings Have To Say About SBA Comms
September 8, 2023 | finance.yahoo.com
Here’s Why Diamond Hill Mid Cap Strategy Added SBA Communications Corporation (SBAC)
September 6, 2023 | seekingalpha.com
SBA Communications Corporation (SBAC) Goldman Sachs 2023 Communacopia + Technology Conference (Transcript)
August 29, 2023 | finance.yahoo.com
SBA Communications (SBAC) Gains From High Demand Amid 5G Hype
August 28, 2023 | finance.yahoo.com
Does SBA Communications (SBAC) Have the Potential to Rally 28.61% as Wall Street Analysts Expect?
August 23, 2023 | finance.yahoo.com
SBA Communications Corporation to Speak at the Goldman Sachs 2023 Communacopia + Technology Conference
August 22, 2023 | markets.businessinsider.com
Where SBA Comms Stands With Analysts
August 21, 2023 | finance.yahoo.com
Unraveling the Value Trap: A Deep Dive into SBA Communications Corp (SBAC)
August 18, 2023 | finance.yahoo.com
SBA Communications (SBAC) is an Incredible Growth Stock: 3 Reasons Why
August 16, 2023 | marketwatch.com
SBA Communications Corp. stock falls Wednesday, underperforms market
August 11, 2023 | msn.com
B of A Securities Downgrades SBA Communications Corp - (SBAC)
August 8, 2023 | marketwatch.com
SBA Communications Corp. stock underperforms Monday when compared to competitors
August 3, 2023 | markets.businessinsider.com
J.P. Morgan Reaffirms Their Hold Rating on SBA Communications (SBAC)
August 3, 2023 | msn.com
BMO Capital Maintains SBA Communications Corp - (SBAC) Market Perform Recommendation
August 2, 2023 | seekingalpha.com
Cell Towers Devastated? SBA Communications Dominates Again
August 2, 2023 | msn.com
Citigroup Maintains SBA Communications Corp - (SBAC) Buy Recommendation
August 1, 2023 | markets.businessinsider.com
BMO Capital Keeps Their Hold Rating on SBA Communications (SBAC)
August 1, 2023 | finance.yahoo.com
Is SBA Communications (SBAC) a Value Trap? An In-depth GF Value Analysis
See 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.

SBAC Company Calendar

Last Earnings
7/31/2023
Ex-Dividend for 9/20 Dividend
8/23/2023
Dividend Payable
9/20/2023
Today
10/04/2023
Next Earnings (Estimated)
10/30/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Real estate investment trusts
Sub-Industry
Wireless Telecommunication Services
Sector
Finance
Current Symbol
NASDAQ:SBAC
CUSIP
78388J10
CIK
1034054
Web
www.sbasite.com
Phone
(561) 995-7670
Fax
561-995-7626
Employees
1,834
Year Founded
1989

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
19 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.65
Trailing P/E Ratio
40.86
Forward P/E Ratio
15.66
P/E Growth
N/A
Net Income
$461.43 million
Net Margins
18.71%
Pretax Margin
20.19%
Return on Equity
-9.68%
Return on Assets
4.88%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.70
Quick Ratio
0.70

Sales & Book Value

Annual Sales
$2.63 billion
Price / Sales
7.82
Cash Flow
$10.64 per share
Price / Cash Flow
17.85
Book Value
($48.86) per share
Price / Book
-3.89

Miscellaneous

Outstanding Shares
108,380,000
Free Float
106,649,000
Market Cap
$20.59 billion
Optionable
Optionable
Beta
0.54

Social Links

(Almost) Everything You Need To Know About The EV Market Cover
(Almost) Everything You Need To Know About The EV Market

Click 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 Executives

  • Mr. Steven E. Bernstein IIMr. Steven E. Bernstein II (Age 62)
    Founder & Independent Chairman
    Comp: $219.58k
  • Mr. Jeffrey A. StoopsMr. Jeffrey A. Stoops (Age 64)
    CEO, Pres & Director
    Comp: $3.43M
  • Mr. Brendan Thomas Cavanagh CPAMr. Brendan Thomas Cavanagh CPA (Age 51)
    CFO & Exec. VP
    Comp: $1.69M
  • Mr. Jason V. SilbersteinMr. Jason V. Silberstein (Age 54)
    Exec. VP of Site Leasing
    Comp: $1.43M
  • Mr. Mark R. CiarfellaMr. Mark R. Ciarfella (Age 57)
    Exec. VP of Operations
  • Mr. Brian D. Lazarus CPAMr. 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. Clemetson
    Sr. VP & Chief Information Officer
  • Mr. Joshua Koenig (Age 42)
    Exec. VP, Chief Admin. Officer & Gen. Counsel
  • Ms. Michelle Eisner (Age 62)
    Sr. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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

My Account -