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

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$181.57 -1.42 (-0.78 %)
(As of 02/21/2019 10:54 AM ET)
Previous Close$182.99
Today's Range$180.52 - $183.36
52-Week Range$146.13 - $186.35
Volume8,980 shs
Average Volume623,918 shs
Market Capitalization$20.58 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.82
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$6.6631 per share
Book Value($22.32) per share

Profitability

Net Income$103.65 million

Miscellaneous

Employees1,291
Market Cap$20.58 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 of Directors has approved a share buyback plan on Tuesday, February 27th 2018, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) posted its quarterly earnings data on Monday, April, 30th. The technology company reported $0.27 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.07. The technology company earned $458.30 million during the quarter, compared to analyst estimates of $453.50 million. SBA Communications had a negative net margin of 0.11% and a negative return on equity of 0.65%. The business's revenue was up 8.2% compared to the same quarter last year. During the same period last year, the firm earned $1.69 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 Thursday, February 21st 2019. View Earnings Estimates for SBA Communications.

How can I listen to SBA Communications' earnings call?

SBA Communications will be holding an earnings conference call on Thursday, February 21st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301074.

What price target have analysts set for SBAC?

10 brokerages have issued 1 year price objectives for SBA Communications' shares. Their forecasts range from $161.00 to $195.00. On average, they anticipate SBA Communications' stock price to reach $180.75 in the next year. This suggests that the stock has a possible downside of 0.5%. 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?

Headlines about SBAC stock have been trending somewhat negative this week, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SBA Communications earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely 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. 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, 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.62%), Principal Financial Group Inc. (4.27%), Cohen & Steers Inc. (3.21%), Brown Advisory Inc. (2.63%), Canada Pension Plan Investment Board (1.60%) and Dimensional Fund Advisors LP (1.54%). 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 institutional investors are selling SBA Communications stock?

SBAC stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, D. E. Shaw & Co. Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Triple Frond Partners LLC, Victory Capital Management Inc., Jennison Associates LLC and Lasalle Investment Management Securities LLC. 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 institutional investors are buying SBA Communications stock?

SBAC stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Daiwa Securities Group Inc., Millennium Management LLC, Commonwealth Bank of Australia, Maple Brown Abbott Ltd, Two Sigma Advisers LP, Massachusetts Financial Services Co. MA and Westfield Capital Management Co. LP. 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 $181.57.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $20.58 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:  584 (Vote Outperform)
Underperform Votes:  485 (Vote Underperform)
Total Votes:  1,069
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 2/21/2019 by MarketBeat.com Staff

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