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SBA Communications Stock Price, Forecast & Analysis (NASDAQ:SBAC)

$237.71
-3.04 (-1.26 %)
(As of 11/21/2019 04:00 PM ET)
Today's Range
$236.88
Now: $237.71
$242.02
50-Day Range
$226.69
MA: $237.86
$247.09
52-Week Range
$155.19
Now: $237.71
$270.42
Volume452,700 shs
Average Volume645,350 shs
Market Capitalization$26.77 billion
P/E Ratio31.28
Dividend Yield0.61%
Beta0.65
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
Current SymbolNASDAQ:SBAC
CUSIP78388J10
Phone561-226-9345

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.87 billion
Cash Flow$6.83 per share
Book Value($30.03) per share

Profitability

Net Income$47.45 million

Miscellaneous

Employees1,347
Market Cap$26.77 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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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. Shareholders 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 dividend on an annualized basis and a 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 authorized 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 repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) released its quarterly earnings data on Monday, October, 28th. The technology company reported $0.19 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.97 by $1.78. The technology company earned $486.60 million during the quarter, compared to analyst estimates of $497.48 million. SBA Communications had a negative return on equity of 4.16% and a net margin of 6.89%. The firm's revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.92 EPS. View SBA Communications' Earnings History.

When is SBA Communications' next earnings date?

SBA Communications is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for SBA Communications.

What price target have analysts set for SBAC?

10 brokerages have issued 12-month price objectives for SBA Communications' shares. Their forecasts range from $185.00 to $292.00. On average, they expect SBA Communications' stock price to reach $248.30 in the next twelve months. This suggests a possible upside of 4.5% 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?

Press coverage about SBAC stock has trended positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SBA Communications earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for SBA Communications.

Are investors shorting SBA Communications?

SBA Communications saw a increase in short interest in 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 volume of 655,500 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.7% of the shares of the stock are sold short. View SBA Communications' Current Options Chain.

Who are some of SBA Communications' key 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), CA (CA), Cisco Systems (CSCO), Netflix (NFLX), American Tower (AMT), Alibaba Group (BABA), Walt Disney (DIS), AT&T (T), CROWN CASTLE IN/SH SH (CCI) and Mastercard (MA).

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 a number of of retail and institutional investors. Top institutional shareholders 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 and Steven E Bernstein. View Insider Buying and Selling for SBA Communications.

Which major investors are buying SBA Communications stock?

SBAC stock was bought 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 $237.71.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $26.77 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?

The official website for SBA Communications is http://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 561-226-9345 or via email at [email protected]


MarketBeat Community Rating for SBA Communications (NASDAQ SBAC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  651 (Vote Outperform)
Underperform Votes:  559 (Vote Underperform)
Total Votes:  1,210
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.
This page was last updated on 11/21/2019 by MarketBeat.com Staff

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