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
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
SymbolNASDAQ:SBAC
CUSIP78388J10
Phone561-226-9345
Debt
Debt-to-Equity Ratio-3.18
Current Ratio1.18
Quick Ratio1.18
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E Ratio21.74
P/E Growth2.16
Sales & Book Value
Annual Sales$1.73 billion
Price / Sales10.26
Cash Flow$6.7830 per share
Price / Cash22.76
Book Value($22.32) per share
Price / Book-6.92
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$103.65 million
Net Margins1.73%
Return on Equity-1.26%
Return on Assets0.45%
Miscellaneous
Employees1,291
Outstanding Shares114,840,000
Market Cap$17.61 billion
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 declared that its Board of Directors has initiated a share repurchase plan on Tuesday, February 27th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.
How were SBA Communications' earnings last quarter?
SBA Communications Co. (NASDAQ:SBAC) released its earnings results on Monday, July, 30th. The technology company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.68. The technology company earned $456.30 million during the quarter, compared to analyst estimates of $457.43 million. SBA Communications had a negative return on equity of 1.26% and a net margin of 1.73%. The company's revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.73 earnings per share. View SBA Communications' Earnings History.
When is SBA Communications' next earnings date?
How can I listen to SBA Communications' earnings call?
SBA Communications will be holding an earnings conference call on Monday, November 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301085.
What guidance has SBA Communications issued on next quarter's earnings?
SBA Communications updated its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share (EPS) guidance of $7.21-$7.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.63. The company issued revenue guidance of $1.819-$1.859 billion, compared to the consensus revenue estimate of $1.85 billion.
What price target have analysts set for SBAC?
11 brokerages have issued 12-month price targets for SBA Communications' stock. Their predictions range from $161.00 to $200.00. On average, they expect SBA Communications' share price to reach $178.90 in the next year. This suggests a possible upside of 15.9% 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 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SBA Communications.
Who are some of SBA Communications' key competitors?
Some companies that are related to SBA Communications include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), DIGITAL RLTY TR/SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), Weyerhaeuser (WY), GGP (GGP), Ventas (VTR) and Boston Properties (BXP).
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 retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.52%), State of New Jersey Common Pension Fund D (0.16%), Bank of Montreal Can (0.10%), State of Alaska Department of Revenue (0.05%), CHURCHILL MANAGEMENT Corp (0.03%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own SBA Communications stock include 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 and Mark R Ciarfella. 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 State of Alaska Department of Revenue, Cornerstone Wealth Management LLC, Xact Kapitalforvaltning AB and Tealwood Asset Management Inc.. Company insiders that have sold SBA Communications company stock in the last year include Brian C Carr, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Kurt L Bagwell and Mark R Ciarfella. View Insider Buying and Selling for SBA Communications.
Which institutional investors are buying SBA Communications stock?
SBAC stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, State of New Jersey Common Pension Fund D, First Hawaiian Bank, Clinton Group Inc., Bank of Montreal Can, CHURCHILL MANAGEMENT Corp, Oakbrook Investments LLC and Atria Investments LLC. 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 $154.38.
How big of a company is SBA Communications?
SBA Communications has a market capitalization of $17.61 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?
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)
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.
