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

SBA Communications trades on the NASDAQ under the ticker symbol "SBAC."

SBA Communications declared a quarterly dividend on Friday, October 25th. Investors 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 0.50%. The ex-dividend date of this dividend is Wednesday, November 20th. View SBA Communications' Dividend History.

SBA Communications declared that its Board of Directors has authorized a share buyback plan on Tuesday, February 27th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

SBA Communications Co. (NASDAQ:SBAC) issued its 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 analysts' expectations of $497.48 million. SBA Communications had a negative return on equity of 4.16% and a net margin of 6.89%. SBA Communications's revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the company posted $1.92 EPS. View SBA Communications' Earnings History.

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

SBA Communications will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

11 Wall Street analysts have issued twelve-month price objectives for SBA Communications' stock. Their forecasts range from $185.00 to $292.00. On average, they expect SBA Communications' share price to reach $251.18 in the next twelve months. This suggests that the stock has a possible downside of 14.7%. View Analyst Price Targets for SBA Communications.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SBA Communications.

News headlines about SBAC stock have trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring 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 five, with scores nearest to five being the most favorable. SBA Communications earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for SBA Communications.

SBA Communications saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,840,000 shares, an increase of 20.3% from the January 15th total of 1,530,000 shares. Based on an average daily trading volume, of 599,900 shares, the short-interest ratio is currently 3.1 days. Currently, 1.7% of the company's stock are short sold. View SBA Communications' Current Options Chain.

Some companies that are related to SBA Communications include CROWN CASTLE IN/SH SH (CCI), Sprint (S), BlackBerry (BB), United States Cellular (USM), Telephone & Data Systems (TDS), Shenandoah Telecommunications (SHEN), Spok (SPOK) and Boingo Wireless (WIFI).

Based on aggregate information from My MarketBeat watchlists, some companies that other SBA Communications investors own include NVIDIA (NVDA), Cisco Systems (CSCO), American Tower (AMT), Xilinx (XLNX), Micron Technology (MU), Walt Disney (DIS), Home Depot (HD), AT&T (T), CA (CA) and CROWN CASTLE IN/SH SH (CCI).

SBA Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.54%), Principal Financial Group Inc. (2.63%), Cohen & Steers Inc. (2.56%), Franklin Resources Inc. (1.81%), FMR LLC (1.38%) and Renaissance Technologies LLC (0.95%). 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.

SBAC stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., FMR LLC, UBS Asset Management Americas Inc., Renaissance Technologies LLC, Daiwa Securities Group Inc., Goldman Sachs Group Inc., CIBC Private Wealth Group LLC and Principal Financial Group 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, Jack Langer, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mary S Chan and Steven E Bernstein. View Insider Buying and Selling for SBA Communications.

SBAC stock was acquired by a variety of institutional investors in the last quarter, including Brookfield Public Securities Group LLC, State Street Corp, Ceredex Value Advisors LLC, USS Investment Management Ltd, Earnest Partners LLC, Massachusetts Financial Services Co. MA, Lasalle Investment Management Securities LLC and UBS Group AG. 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.

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.

One share of SBAC stock can currently be purchased for approximately $294.61.

SBA Communications has a market capitalization of $33.17 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.

The official website for SBA Communications is http://www.sbasite.com/.

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]