NASDAQ:SBAC - SBA Communications Stock Price, News, & Analysis

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$172.50 +0.28 (+0.16 %)
(As of 12/16/2018 06:23 AM ET)
Previous Close$172.50
Today's Range$170.20 - $173.58
52-Week Range$146.13 - $177.67
Volume843,805 shs
Average Volume736,270 shs
Market Capitalization$19.52 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.74
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
Current SymbolNASDAQ:SBAC
Previous Symbol
CUSIP78388J10
Phone561-226-9345

Debt

Debt-to-Equity RatioN/A
Current Ratio1.23
Quick Ratio1.23

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio24.13
P/E Growth2.41

Sales & Book Value

Annual Sales$1.73 billion
Price / Sales11.31
Cash Flow$6.7462 per share
Price / Cash Flow25.57
Book Value($22.32) per share
Price / Book-7.73

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$103.65 million
Net Margins-0.11%
Return on Equity-0.65%
Return on Assets0.25%

Miscellaneous

Employees1,291
Outstanding Shares113,320,000
Market Cap$19.52 billion
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 will SBA Communications' stock buyback program work?

SBA Communications announced that its board has approved a stock repurchase plan on Tuesday, February 27th 2018, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) posted its quarterly earnings data on Monday, November, 5th. The technology company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $1.78 by $1.64. The technology company earned $467.20 million during the quarter, compared to the consensus estimate of $459.17 million. SBA Communications had a negative net margin of 0.11% and a negative return on equity of 0.65%. The company's revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.75 earnings per share. View SBA Communications' Earnings History.

When is SBA Communications' next earnings date?

SBA Communications is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for SBA Communications.

What price target have analysts set for SBAC?

11 Wall Street analysts have issued 1 year price targets for SBA Communications' stock. Their forecasts range from $161.00 to $192.00. On average, they anticipate SBA Communications' share price to reach $179.6667 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for SBA Communications.

What is the consensus analysts' recommendation for SBA Communications?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SBA Communications.

Has SBA Communications been receiving favorable news coverage?

News headlines about SBAC stock have trended positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. SBA Communications earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the next several days.

Who are some of SBA Communications' key competitors?

Who are SBA Communications' key executives?

SBA Communications' management team includes the folowing people:
  • Mr. Jeffrey A. Stoops, Pres, CEO & Director (Age 60)
  • Mr. Brendan Thomas Cavanagh CPA, Exec. VP & CFO (Age 46)
  • Mr. Thomas P. Hunt, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 60)
  • Mr. Kurt L. Bagwell, Exec. VP & Pres of International (Age 53)
  • Mr. Jason V. Silberstein, Exec. VP of Site Leasing (Age 49)

Who are SBA Communications' major shareholders?

SBA Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.29%), Vanguard Group Inc (16.29%), BlackRock Inc. (8.55%), Brown Advisory Inc. (2.66%), Franklin Resources Inc. (1.80%) and American Century Companies Inc. (1.71%). 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 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 Jennison Associates LLC, Iridian Asset Management LLC CT, Fairview Capital Investment Management LLC, William Blair Investment Management LLC, JPMorgan Chase & Co., American Century Companies Inc., Massachusetts Financial Services Co. MA and FMR LLC. Company insiders that have sold SBA Communications company stock in the last year include Brendan Thomas Cavanagh, Brian C Carr, Duncan Cocroft, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Kurt L Bagwell, Mark R Ciarfella and Thomas P Hunt. View Insider Buying and Selling for SBA Communications.

Which major investors are buying SBA Communications stock?

SBAC stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Commonwealth Bank of Australia, Cohen & Steers Inc., Vanguard Group Inc, Vanguard Group Inc., Renaissance Technologies LLC, BlackRock Inc. and Manning & Napier Group LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is SBA Communications' stock price today?

One share of SBAC stock can currently be purchased for approximately $172.50.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $19.52 billion and generates $1.73 billion in revenue each year. SBA Communications employs 1,291 workers across the globe.

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:  2.8 out of 5 (star star)
Outperform Votes:  567 (Vote Outperform)
Underperform Votes:  455 (Vote Underperform)
Total Votes:  1,022
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 12/16/2018 by MarketBeat.com Staff

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