SBA Communications Stock Forecast, Price & News

SBA Communications' stock was trading at $274.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SBAC stock has decreased by 0.7% and is now trading at $272.71.
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15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SBA Communications stock.
View analyst ratings for SBA Communications or view MarketBeat's top 5 stock picks.

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1,448 employees have rated SBA Communications CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among SBA Communications' employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

SBA Communications is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for SBA Communications.

SBA Communications Co. (NASDAQ:SBAC) released its quarterly earnings results on Saturday, November, 7th. The technology company reported $0.20 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.19 by $1.99. The technology company had revenue of $522.94 million for the quarter, compared to analyst estimates of $516.26 million. The company's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.15 EPS.
View SBA Communications' earnings history.

SBA Communications declared a quarterly dividend on Monday, November 2nd. Investors of record on Thursday, November 19th will be paid a dividend of $0.465 per share on Thursday, December 17th. This represents a $1.86 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend is Wednesday, November 18th.
View SBA Communications' dividend history.

SBA Communications pays an annual dividend of $1.86 per share and currently has a dividend yield of 0.68%. The dividend payout ratio of SBA Communications is 21.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBA Communications will have a dividend payout ratio of 19.10% next year. This indicates that SBA Communications will be able to sustain or increase its dividend.
View SBA Communications' dividend history.

SBA Communications updated its FY 2020 After-Hours earnings guidance on Monday, November, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.065-2.085 billion, compared to the consensus revenue estimate of $2.07 billion.

15 analysts have issued 1 year target prices for SBA Communications' shares. Their forecasts range from $305.00 to $357.00. On average, they anticipate SBA Communications' stock price to reach $326.67 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
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Some companies that are related to SBA Communications include Crown Castle International (CCI), BlackBerry (BB), Telephone and Data Systems (TDS), United States Cellular (USM), Shenandoah Telecommunications (SHEN), Boingo Wireless (WIFI) and Spok (SPOK).
View all of SBAC's competitors.

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 International (CCI), Micron Technology (MU), The Walt Disney (DIS), AT&T (T), QUALCOMM (QCOM) and Johnson & Johnson (JNJ).

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

SBA Communications' stock is owned by a variety of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.31%), Frontier Capital Management Co. LLC (0.19%), Pacer Advisors Inc. (0.16%), State of Alaska Department of Revenue (0.04%), Candriam Luxembourg S.C.A. (0.02%) and Redpoint Investment Management Pty Ltd (0.02%). 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 Frontier Capital Management Co. LLC, Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Contravisory Investment Management Inc., DNB Asset Management AS, First Hawaiian Bank, Redpoint Investment Management Pty Ltd, and Diversified Trust Co. 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, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mary S Chan, Steven E Bernstein, and Thomas P Hunt.
View insider buying and selling activity for SBA Communications or view top insider-selling stocks.

SBAC stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Candriam Luxembourg S.C.A., Pendal Group Limited, IFM Investors Pty Ltd, NuWave Investment Management LLC, Manning & Napier Group LLC, Louisiana State Employees Retirement System, and Clarius Group LLC.
View insider buying and selling activity for SBA Communications or or view top insider-buying stocks.

Shares of SBAC 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.

One share of SBAC stock can currently be purchased for approximately $272.71.

SBA Communications has a market capitalization of $30.30 billion and generates $2.01 billion in revenue each year. The technology company earns $146.99 million in net income (profit) each year or $8.49 on an earnings per share basis. SBA Communications employs 1,475 workers across the globe.

The official website for SBA Communications is www.sbasite.com.

SBA Communications' mailing address is 8051 CONGRESS AVENUE, BOCA RATON FL, 33487. The technology company can be reached via phone at 561-995-7670 or via email at [email protected]