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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
Phone561-226-9345
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.87 billion
Profitability
Miscellaneous
Employees1,347
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable
SBA Communications (NASDAQ:SBAC) Frequently Asked Questions
What is SBA Communications' stock symbol?
SBA Communications trades on the NASDAQ under the ticker symbol "SBAC."
How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications?
SBA Communications declared a quarterly dividend on Friday, October 25th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.37 per share on Thursday, December 19th. This represents a $1.48 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Wednesday, November 20th. View SBA Communications' Dividend History.
How will SBA Communications' stock buyback program work?
SBA Communications declared that its Board of Directors has initiated a stock buyback plan on Tuesday, February 27th 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.
How were SBA Communications' earnings last quarter?
SBA Communications Co. (NASDAQ:SBAC) posted its quarterly earnings results on Monday, October, 28th. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.97 by $1.78. The technology company had revenue of $486.60 million for the quarter, compared to analyst estimates of $497.48 million. SBA Communications had a net margin of 6.89% and a negative return on equity of 4.16%. SBA Communications's revenue was up 11.8% on a year-over-year basis. During the same period last year, the business posted $1.92 EPS. View SBA Communications' Earnings History.
When is SBA Communications' next earnings date?
What price target have analysts set for SBAC?
10 brokerages have issued 1 year target prices for SBA Communications' stock. Their forecasts range from $185.00 to $292.00. On average, they expect SBA Communications' stock price to reach $248.30 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for SBA Communications.
What is the consensus analysts' recommendation for SBA Communications?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SBA Communications.
Has SBA Communications been receiving favorable news coverage?
Media headlines about SBAC stock have trended very negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SBA Communications earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View News Stories for SBA Communications.
Are investors shorting SBA Communications?
SBA Communications saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,870,000 shares, an increase of 12.7% from the September 30th total of 1,660,000 shares. Based on an average daily trading volume, of 655,500 shares, the short-interest ratio is currently 2.9 days. Approximately 1.7% of the shares of the company are short sold. View SBA Communications' Current Options Chain.
Who are some of SBA Communications' key competitors?
What other stocks do shareholders of SBA Communications own?
Who are SBA Communications' key executives?
SBA Communications' management team includes the folowing 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)
Who are SBA Communications' major shareholders?
SBA Communications' stock is owned by many different of institutional and retail investors. Top institutional investors include Eagle Asset Management Inc. (0.69%), Massachusetts Financial Services Co. MA (0.57%), CIBC Private Wealth Group LLC (0.51%), TimesSquare Capital Management LLC (0.43%), Manning & Napier Group LLC (0.36%) and Sumitomo Mitsui Trust Holdings Inc. (0.35%). 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, Steven E Bernstein and Thomas P Hunt. View Institutional Ownership Trends for SBA Communications.
Which major investors are selling SBA Communications stock?
SBAC stock was sold by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, TimesSquare Capital Management LLC, State of New Jersey Common Pension Fund D, AMF Pensionsforsakring AB, Manning & Napier Group LLC, State of Alaska Department of Revenue, Strs Ohio and Maple Brown Abbott Ltd. 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, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Steven E Bernstein and Thomas P Hunt. View Insider Buying and Selling for SBA Communications.
Which major investors are buying SBA Communications stock?
SBAC stock was acquired by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., CIBC Private Wealth Group LLC, Mackay Shields LLC, California Public Employees Retirement System, Banco Santander S.A., Massachusetts Financial Services Co. MA, Russell Investments Group Ltd. and Alberta Investment Management Corp. Company insiders that have bought SBA Communications stock in the last two years include Duncan Cocroft and Jeffrey Stoops. View Insider Buying and Selling 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 $237.26.
How big of a company is SBA Communications?
SBA Communications has a market capitalization of $26.72 billion and generates $1.87 billion in revenue each year. The technology company earns $47.45 million in net income (profit) each year or $7.60 on an earnings per share basis. SBA Communications employs 1,347 workers across the globe.View Additional Information About SBA Communications.
What is SBA Communications' official website?
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 561-226-9345 or via email at [email protected]
MarketBeat Community Rating for SBA Communications (NASDAQ SBAC)
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.
