NASDAQ:SBACSBA Communications Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $311.13 +3.80 (+1.24 %) (As of 08/7/2020 11:32 AM ET) Add Compare Share Today's Range$308.01Now: $311.13▼$311.6650-Day Range$287.77MA: $301.02▼$317.5752-Week Range$205.20Now: $311.13▼$323.02Volume1,620 shsAverage Volume566,169 shsMarket Capitalization$34.73 billionP/E RatioN/ADividend Yield0.61%Beta0.41 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America. By Building Better Wireless, SBA generates revenue from two primary businesses - site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $321.00, SBA Communications has a potential upside of 4.4% from its current price of $307.33.Amount of Analyst CoverageSBA Communications has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesSBA Communications has received 706 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSBA Communications has received 605 “underperform” votes. (Add your “underperform” vote.)Community SentimentSBA Communications has received 53.85% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about SBA Communications and other stocks. Vote “Outperform” if you believe SBAC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SBAC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldSBA Communications has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of SBA Communications is 21.91%. 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 19.08% next year. This indicates that SBA Communications will be able to sustain or increase its dividend. Previous Next 1.0 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 $65,957,183.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of SBA Communications is held by insiders.Percentage Held by Institutions94.01% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to grow by 12.59% in the coming year, from $8.66 to $9.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is -1,920.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is -1,920.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 2.4Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryWireless Telecommunication Services SectorFinance Current SymbolNASDAQ:SBAC Previous Symbol CUSIP78388J10 CIK1034054 Webwww.sbasite.com Phone561-995-7670Debt Debt-to-Equity RatioN/A Current Ratio1.13 Quick Ratio0.39Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio35.93 P/E GrowthN/A Sales & Book Value Annual Sales$2.01 billion Price / Sales17.24 Cash Flow$8.14 per share Price / Cash Flow38.21 Book Value($38.57) per share Price / Book-8.07Profitability EPS (Most Recent Fiscal Year)$8.49 Net Income$146.99 million Net Margins-0.74% Return on Equity-4.24% Return on Assets-0.16%Miscellaneous Employees1,475 Outstanding Shares111,620,000Market Cap$34.73 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $311.13 +3.80 (+1.24 %) (As of 08/7/2020 11:32 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SBAC News and Ratings via Email Sign-up to receive the latest news and ratings for SBAC and its competitors with MarketBeat's FREE daily newsletter. SBA Communications (NASDAQ:SBAC) Frequently Asked Questions How has SBA Communications' stock been impacted by COVID-19 (Coronavirus)? SBA Communications' stock was trading at $274.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SBAC stock has increased by 13.2% and is now trading at $311.03. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of SBA Communications? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SBA Communications. When is SBA Communications' next earnings date? SBA Communications is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. View our earnings forecast for SBA Communications. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) released its quarterly earnings data on Monday, August, 3rd. The technology company reported $0.20 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.05 by $1.85. The technology company earned $507.23 million during the quarter, compared to analysts' expectations of $500.60 million. SBA Communications had a negative return on equity of 4.24% and a negative net margin of 0.74%. SBA Communications's quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the company posted $2.09 EPS. View SBA Communications' earnings history. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications announced a quarterly dividend on Monday, August 3rd. Shareholders of record on Tuesday, August 25th will be given a dividend of $0.465 per share on Tuesday, September 22nd. This represents a $1.86 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Monday, August 24th. View SBA Communications' dividend history. What guidance has SBA Communications issued on next quarter's earnings? SBA Communications issued an update on its FY20 earnings guidance on Monday, August, 3rd. The company provided earnings per share (EPS) guidance of $8.94-9.33 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.58. The company issued revenue guidance of $2.047-2.087 billion, compared to the consensus revenue estimate of $2.07 billion. What price target have analysts set for SBAC? 16 Wall Street analysts have issued 1-year price targets for SBA Communications' shares. Their forecasts range from $273.00 to $361.00. On average, they expect SBA Communications' share price to reach $321.00 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View analysts' price targets for SBA Communications. Has SBA Communications been receiving favorable news coverage? Headlines about SBAC stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SBA Communications earned a news impact score of 2.1 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about SBA Communications. Are investors shorting SBA Communications? SBA Communications saw a decline in short interest in July. As of July 31st, there was short interest totaling 1,520,000 shares, a decline of 7.9% from the July 15th total of 1,650,000 shares. Based on an average trading volume of 792,400 shares, the short-interest ratio is presently 1.9 days. Approximately 1.4% of the company's shares are short sold. View SBA Communications' Current Options Chain. Who are some of SBA Communications' key competitors? Some companies that are related to SBA Communications include CROWN CASTLE IN/SH SH (CCI), United States Cellular (USM), Shenandoah Telecommunications (SHEN), BlackBerry (BB), Telephone & Data Systems (TDS), Boingo Wireless (WIFI) and Spok (SPOK). View all competitors. 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 NVIDIA (NVDA), American Tower (AMT), Cisco Systems (CSCO), Walt Disney (DIS), Intel (INTC), Micron Technology (MU), CROWN CASTLE IN/SH SH (CCI), salesforce.com (CRM), Adobe (ADBE) and Equinix (EQIX). Who are SBA Communications' key executives? SBA Communications' management team includes the following people: Mr. Steven E. Bernstein II, Founder & Chairman (Age 58)Mr. Jeffrey A. Stoops, Pres, CEO & Director (Age 61)Mr. Brendan Thomas Cavanagh CPA, Exec. VP & CFO (Age 47)Mr. Thomas P. Hunt Esq., Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 61)Mr. Kurt L. Bagwell, Exec. VP & Pres of International (Age 54) 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 variety of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (2.34%), Sumitomo Mitsui Trust Holdings Inc. (0.64%), Swiss National Bank (0.41%), Frontier Capital Management Co. LLC (0.38%), Jennison Associates LLC (0.35%) and Manning & Napier Group LLC (0.32%). Company insiders that own SBA Communications stock include Brendan Thomas Cavanagh, Brian C Carr, Brian D Lazarus, Duncan Cocroft, George R Krouse Jr, Jack Langer, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mary S Chan, Steven E Bernstein and Thomas P Hunt. View institutional ownership trends for SBA Communications. Which institutional investors are selling SBA Communications stock? SBAC stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Jennison Associates LLC, Frontier Capital Management Co. LLC, Kornitzer Capital Management Inc. KS, WINTON GROUP Ltd, Manning & Napier Group LLC, Raymond James Financial Services Advisors Inc., and Mackay Shields LLC. Company insiders that have sold SBA Communications company stock in the last year include Brendan Thomas Cavanagh, Brian C Carr, Brian D Lazarus, Duncan Cocroft, George R Krouse Jr, Jack Langer, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mary S Chan, Steven E Bernstein, and Thomas P Hunt. View insider buying and selling activity for SBA Communications. Which institutional investors are buying SBA Communications stock? SBAC stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Sumitomo Mitsui Trust Holdings Inc., Strs Ohio, New York State Common Retirement Fund, Aew Capital Management L P, Pacer Advisors Inc., Robeco Institutional Asset Management B.V., and NN Investment Partners Holdings N.V.. View insider buying and selling activity for SBA Communications. How do I buy shares of SBA Communications? Shares of SBAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is SBA Communications' stock price today? One share of SBAC stock can currently be purchased for approximately $311.03. How big of a company is SBA Communications? SBA Communications has a market capitalization of $34.72 billion and generates $2.01 billion in revenue each year. The technology company earns $146.99 million in net income (profit) each year or $8.49 on an earnings per share basis. SBA Communications employs 1,475 workers across the globe. What is SBA Communications' official website? The official website for SBA Communications is www.sbasite.com. How can I contact SBA Communications? SBA Communications' mailing address is 8051 CONGRESS AVENUE, BOCA RATON FL, 33487. The technology company can be reached via phone at 561-995-7670 or via email at [email protected] This page was last updated on 8/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. 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