Top-Rated Stocks NASDAQ:SBAC SBA Communications - SBAC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding SBA Communications Co. Please log in to your account or sign up in order to add this asset to your watchlist. $255.11 -2.10 (-0.82%) (As of 03/21/2023 09:57 AM ET) Add Compare Share Share Today's Range$254.61▼$258.8750-Day Range$240.12▼$308.0952-Week Range$236.20▼$379.99Volume34,458 shsAverage Volume837,296 shsMarket Capitalization$27.56 billionP/E Ratio60.60Dividend Yield1.33%Price Target$335.40 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SBA Communications MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside30.4% Upside$335.40 Price TargetShort InterestHealthy1.17% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.79Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth7.50%From $11.74 to $12.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.20 out of 5 starsFinance Sector68th out of 876 stocksReal Estate Investment Trusts Industry10th out of 192 stocks 4.4 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $335.40, SBA Communications has a forecasted upside of 30.4% from its current price of $257.21.Amount of Analyst CoverageSBA Communications has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.17% of the float of SBA Communications has been sold short.Short Interest Ratio / Days to CoverSBA Communications has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SBA Communications has recently increased by 10.62%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of SBA Communications is 80.76%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, SBA Communications will have a dividend payout ratio of 26.94% next year. This indicates that SBA Communications will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSBA Communications has received a 43.38% net impact score from Upright. The largest positive contribution comes from its "Relationships" impact, which is mostly driven by its "Rural area cellular networks", "Urban area cellular networks", and "Mobile consumer internet provision" products. See details.Environmental SustainabilityThe Environmental Impact score for SBA Communications is -1.50. Previous Next 3.8 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for SBA Communications this week, compared to 4 articles on an average week.Search Interest25 people have searched for SBAC on MarketBeat in the last 30 days. This is an increase of 2,400% compared to the previous 30 days.MarketBeat Follows4 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SBA Communications insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of SBA Communications is held by insiders.Percentage Held by Institutions93.54% of the stock of SBA Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to grow by 7.50% in the coming year, from $11.74 to $12.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 61.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.81.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 61.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.72. Previous Next See Top Rated MarketRank™ Stocks Here About SBA Communications (NASDAQ:SBAC) StockSBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment is involved in consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.Read More Receive SBAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SBA Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address SBAC Stock News HeadlinesMarch 17, 2023 | marketwatch.comSBA Communications Corp. stock rises Thursday, still underperforms marketMarch 14, 2023 | marketwatch.comSBA Communications Corp. stock rises Tuesday, still underperforms marketMarch 21, 2023 | PressReach (Ad)This Stock Has Room To RunAnalysts believe this stock's product demand could rise quickly in the next few years.March 9, 2023 | finance.yahoo.comBillionaire Israel Englander Is Making Huge Bets on These 2 ‘Strong Buy’ StocksMarch 1, 2023 | marketwatch.comSBA Communications Corp. stock falls Tuesday, still outperforms marketFebruary 27, 2023 | msn.comSBA Communications (NASDAQ:SBAC): This REIT Presents Unwavering GrowthFebruary 27, 2023 | finance.yahoo.comHedge funds and C-suites: Dan Loeb targets Bath & Body Works | Pro RecapFebruary 24, 2023 | finance.yahoo.comSBA Communications Corporation to Speak at the Raymond James & Associates 44th Annual Institutional Investors ConferenceMarch 21, 2023 | PressReach (Ad)This Stock Has Room To RunAnalysts believe this stock's product demand could rise quickly in the next few years.February 24, 2023 | finance.yahoo.comSBA Communications Corporation to Speak at 2023 Citi Global Property CEO ConferenceFebruary 23, 2023 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q4 2022 Earnings Call TranscriptFebruary 22, 2023 | finance.yahoo.com6 big dividends: Home Depot, Walmart | Pro RecapFebruary 22, 2023 | finance.yahoo.comSBA Communications (SBAC) Q4 AFFO Misses Estimates, Stock DownFebruary 22, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Invesco Mortgage (IVR), SBA Communications (SBAC) and Coinbase Global (COIN)February 21, 2023 | markets.businessinsider.comSBA Communications Corporation Q4 Income Advances, but misses estimatesFebruary 21, 2023 | msn.comCFO Cavanagh to lead SBA Communications after CEO Stoops retires at year endFebruary 21, 2023 | finance.yahoo.comSBA Communications Corporation Reports Fourth Quarter 2022 Results; Provides Full Year 2023 Outlook; and Declares Quarterly Cash DividendFebruary 21, 2023 | finance.yahoo.comSBA Communications Corporation Announces CEO Succession PlanFebruary 17, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: SBA Communications (SBAC), NMI Holdings (NMIH) and Agree Realty (ADC)February 16, 2023 | wsj.comSBA Communications Corporation to Speak at The 31(st) Annual Deutsche Bank Media, Internet and Telecom ConferenceFebruary 15, 2023 | finance.yahoo.comKey Factors to Impact SBA Communications (SBAC) in Q4 EarningsFebruary 14, 2023 | finance.yahoo.comSBA Communications Corporation to Speak at The 31st Annual Deutsche Bank Media, Internet and Telecom ConferenceJanuary 31, 2023 | msn.comContinued Demand for Mobile Data Boosts Crown CastleJanuary 31, 2023 | finance.yahoo.comSBA Communications Corporation Sets Date for Fourth Quarter 2022 Earnings ReleaseJanuary 27, 2023 | finance.yahoo.comSBA Communications Corporation Announces Tax Reporting Information for 2022 DistributionsJanuary 26, 2023 | reuters.comSBAC.P - | Stock Price & Latest News | ReutersJanuary 25, 2023 | marketwatch.comSBA Communications Corp. stock rises Wednesday, outperforms marketSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SBAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SBA Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address SBAC Company Calendar Last Earnings2/21/2023Ex-Dividend for 3/24 Dividend3/09/2023Today3/21/2023Dividend Payable3/24/2023Next Earnings (Estimated)4/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryWireless Telecommunication Services SectorFinance Current SymbolNASDAQ:SBAC CUSIP78388J10 CIK1034054 Webwww.sbasite.com Phone(561) 995-7670Fax561-995-7626Employees1,834Year Founded1989Price Target and Rating Average Stock Price Forecast$335.40 High Stock Price Forecast$380.00 Low Stock Price Forecast$297.00 Forecasted Upside/Downside+30.4%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$4.21 Trailing P/E Ratio61.10 Forward P/E Ratio21.91 P/E GrowthN/ANet Income$461.43 million Net Margins17.52% Pretax Margin19.97% Return on Equity-8.58% Return on Assets4.54% Debt Debt-to-Equity RatioN/A Current Ratio0.69 Quick Ratio0.69 Sales & Book Value Annual Sales$2.63 billion Price / Sales10.55 Cash Flow$11.27 per share Price / Cash Flow22.82 Book Value($48.86) per share Price / Book-5.26Miscellaneous Outstanding Shares108,040,000Free Float106,094,000Market Cap$27.79 billion OptionableOptionable Beta0.49 Social Links Key ExecutivesJeffrey A. StoopsPresident, Chief Executive Officer & DirectorMark R. CiarfellaExecutive Vice President-OperationsBrendan Thomas CavanaghChief Financial Officer & Executive Vice PresidentJorge GrauChief Information Officer & Senior Vice PresidentDipan D. PatelExecutive Vice President-Strategy & TechnologyKey CompetitorsCrown CastleNYSE:CCIDigital Realty TrustNYSE:DLRAvalonBay CommunitiesNYSE:AVBVICI PropertiesNYSE:VICIEquity ResidentialNYSE:EQRView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 1,489 shares on 3/15/2023Ownership: 0.002%Rockefeller Capital Management L.P.Sold 566 shares on 3/6/2023Ownership: 0.003%Voya Investment Management LLCBought 28,800 shares on 2/28/2023Ownership: 0.519%NatixisBought 85,783 shares on 2/24/2023Ownership: 0.110%Northwestern Mutual Wealth Management Co.Sold 67 shares on 2/21/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SBAC Stock - Frequently Asked Questions Should I buy or sell SBA Communications stock right now? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SBAC shares. View SBAC analyst ratings or view top-rated stocks. What is SBA Communications' stock price forecast for 2023? 16 Wall Street analysts have issued twelve-month price objectives for SBA Communications' stock. Their SBAC share price forecasts range from $297.00 to $380.00. On average, they predict the company's share price to reach $335.40 in the next twelve months. This suggests a possible upside of 30.4% from the stock's current price. View analysts price targets for SBAC or view top-rated stocks among Wall Street analysts. How have SBAC shares performed in 2023? SBA Communications' stock was trading at $280.31 on January 1st, 2023. Since then, SBAC stock has decreased by 8.2% and is now trading at $257.21. View the best growth stocks for 2023 here. When is SBA Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) announced its quarterly earnings data on Tuesday, February, 21st. The technology company reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.88 by $1.94. The technology company earned $686.10 million during the quarter, compared to analyst estimates of $681.40 million. SBA Communications had a net margin of 17.52% and a negative trailing twelve-month return on equity of 8.58%. SBA Communications's quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the business posted $2.81 EPS. Read the conference call transcript. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications announced a quarterly dividend on Tuesday, February 21st. Shareholders of record on Friday, March 10th will be given a dividend of $0.85 per share on Friday, March 24th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, March 9th. This is a boost from the stock's previous quarterly dividend of $0.71. Read our dividend analysis for SBAC. What ETFs hold SBA Communications' stock? ETFs with the largest weight of SBA Communications (NASDAQ:SBAC) stock in their portfolio include Global X Data Center REITs & Digital Infrastructure ETF (VPN), Fidelity Real Estate Investment ETF (FPRO), Invesco Active U.S. Real Estate ETF (PSR), Motley Fool Mid-Cap Growth ETF (TMFM), WisdomTree New Economy Real Estate Fund (WTRE), IQ CBRE NextGen Real Estate ETF (ROOF), Pacer Data & Infrastructure Real Estate ETF (SRVR) and Burney U.S. Factor Rotation ETF (BRNY). Is SBA Communications a good dividend stock? SBA Communications (NASDAQ:SBAC) pays an annual dividend of $3.40 per share and currently has a dividend yield of 1.33%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 80.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SBAC will have a dividend payout ratio of 26.94% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBAC. What guidance has SBA Communications issued on next quarter's earnings? SBA Communications issued an update on its FY 2023 earnings guidance on Tuesday, February, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.67 billion-$2.71 billion, compared to the consensus revenue estimate of $2.72 billion. What is Jeffrey A. Stoops' approval rating as SBA Communications' CEO? 247 employees have rated SBA Communications Chief Executive Officer Jeffrey A. Stoops on Glassdoor.com. Jeffrey A. Stoops has an approval rating of 99% among the company's employees. This puts Jeffrey A. Stoops in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of SBA Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other SBA Communications investors own include Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), American Tower (AMT), Crown Castle (CCI), Micron Technology (MU), Walt Disney (DIS), AT&T (T), QUALCOMM (QCOM) and Johnson & Johnson (JNJ). What is SBA Communications' stock symbol? SBA Communications trades on the NASDAQ under the ticker symbol "SBAC." Who are SBA Communications' major shareholders? SBA Communications' stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (3.00%), Deutsche Bank AG (2.67%), Principal Financial Group Inc. (2.58%), Geode Capital Management LLC (2.30%), JPMorgan Chase & Co. (2.03%) and Morgan Stanley (1.91%). Insiders that own company stock include Brendan Thomas Cavanagh, Brian D Lazarus, Duncan Cocroft, Fidelma Russo, George R Krouse Jr, George R Krouse, Jr, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mark R Ciarfella, Mary S Chan and Thomas P Hunt. View institutional ownership trends. How do I buy shares of SBA Communications? Shares of SBAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SBA Communications' stock price today? One share of SBAC stock can currently be purchased for approximately $257.21. How much money does SBA Communications make? SBA Communications (NASDAQ:SBAC) has a market capitalization of $27.79 billion and generates $2.63 billion in revenue each year. The technology company earns $461.43 million in net income (profit) each year or $4.21 on an earnings per share basis. How many employees does SBA Communications have? The company employs 1,834 workers across the globe. Does SBA Communications have any subsidiaries? The following companies are subsidiares of SBA Communications: AAT Communications Corporation, Bay Communications, Communication Site Services Inc., Light Tower Wireless LLC, Optasite Holding Company Inc, SBA 2012 TC Assets LLC, SBA Guarantor LLC, SBA Infrastructure LLC, SBA Monarch Towers I LLC, SBA Network Management Inc., SBA New Builds LLC, SBA Properties LLC, SBA Puerto Rico LLC, SBA Senior Finance II LLC, SBA Senior Finance LLC, SBA Site Management LLC, SBA Sites LCC, SBA Structures LCC, SBA Telecommunications LLC, SBA Torres Brasil LTDA, SBA Torres Panama S.A., SBA Towers II LLC, SBA Towers III LLC, SBA Towers IV LLC, SBA Towers IX LLC, SBA Towers LLC, SBA Towers V LLC, and SBA Towers VII LLC.Read More How can I contact SBA Communications? SBA Communications' mailing address is 8051 CONGRESS AVENUE, BOCA RATON FL, 33487. The official website for the company is www.sbasite.com. The technology company can be reached via phone at (561) 995-7670, via email at ir@sbasite.com, or via fax at 561-995-7626. This page (NASDAQ:SBAC) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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