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

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$173.05 -0.41 (-0.24 %)
(As of 01/21/2019 03:19 AM ET)
Previous Close$173.05
Today's Range$171.46 - $174.56
52-Week Range$146.13 - $177.67
Volume1.05 million shs
Average Volume680,227 shs
Market Capitalization$19.61 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.72
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

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$1.73 billion
Cash Flow$6.7361 per share
Book Value($22.32) per share

Profitability

Net Income$103.65 million

Miscellaneous

Employees1,291
Market Cap$19.61 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 authorized a stock buyback plan on Tuesday, February 27th 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) issued its quarterly earnings data on Monday, November, 5th. The technology company reported $0.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.78 by $1.64. The technology company had revenue of $467.20 million for the quarter, compared to analysts' expectations 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 quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm 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?

10 brokerages have issued 12 month target prices for SBA Communications' stock. Their predictions range from $161.00 to $192.00. On average, they anticipate SBA Communications' stock price to reach $179.8750 in the next twelve months. This suggests a possible upside of 3.9% 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 3 hold ratings and 7 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?

Media stories about SBAC stock have trended somewhat negative on Monday, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SBA Communications earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

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 61)
  • Mr. Brendan Thomas Cavanagh CPA, Exec. VP & CFO (Age 47)
  • Mr. Thomas P. Hunt, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 61)
  • Mr. Kurt L. Bagwell, Exec. VP & Pres of International (Age 54)
  • Mr. Jason V. Silberstein, Exec. VP of Site Leasing (Age 50)

Who are SBA Communications' major shareholders?

SBA Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%), CHURCHILL MANAGEMENT Corp (0.03%), Gulf International Bank UK Ltd (0.02%), Nisa Investment Advisors LLC (0.02%), DNB Asset Management AS (0.01%) and Tealwood Asset Management Inc. (0.01%). 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 Gulf International Bank UK Ltd, Nisa Investment Advisors LLC, CHURCHILL MANAGEMENT Corp, First Hawaiian Bank, State of Alaska Department of Revenue, DNB Asset Management AS, Louisiana State Employees Retirement System and Tealwood Asset Management Inc.. 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, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, 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 Fox Run Management L.L.C., Virtu Financial LLC, Hotaling Investment Management LLC, Meeder Asset Management Inc., Legacy Financial Advisors Inc. and Gateway Investment Advisers 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 $173.05.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $19.61 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:  2.7 out of 5 (star star)
Outperform Votes:  577 (Vote Outperform)
Underperform Votes:  473 (Vote Underperform)
Total Votes:  1,050
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 1/21/2019 by MarketBeat.com Staff

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