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

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$167.29 -5.21 (-3.02 %)
(As of 12/17/2018 03:01 PM ET)
Previous Close$172.50
Today's Range$166.05 - $171.88
52-Week Range$146.13 - $177.67
Volume60,395 shs
Average Volume744,480 shs
Market Capitalization$19.55 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.74
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

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
Current SymbolNASDAQ:SBAC
Previous Symbol
CUSIP78388J10
Phone561-226-9345

Debt

Debt-to-Equity RatioN/A
Current Ratio1.23
Quick Ratio1.23

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio23.40
P/E Growth2.41

Sales & Book Value

Annual Sales$1.73 billion
Price / Sales10.97
Cash Flow$6.5322 per share
Price / Cash Flow25.61
Book Value($22.32) per share
Price / Book-7.50

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$103.65 million
Net Margins-0.11%
Return on Equity-0.65%
Return on Assets0.25%

Miscellaneous

Employees1,291
Outstanding Shares113,320,000
Market Cap$19.55 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 declared that its board has authorized a share repurchase plan on Tuesday, February 27th 2018, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) issued its earnings results on Monday, November, 5th. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by $1.64. The technology company had revenue of $467.20 million for the quarter, compared to the consensus estimate of $459.17 million. SBA Communications had a negative return on equity of 0.65% and a negative net margin of 0.11%. SBA Communications's revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.75 EPS. View SBA Communications' Earnings History.

When is SBA Communications' next earnings date?

SBA Communications is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for SBA Communications.

What price target have analysts set for SBAC?

11 analysts have issued 1-year target prices for SBA Communications' shares. Their predictions range from $161.00 to $192.00. On average, they anticipate SBA Communications' stock price to reach $179.6667 in the next year. This suggests a possible upside of 7.5% 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 3 hold ratings and 8 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?

News coverage about SBAC stock has been trending somewhat positive recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SBA Communications earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are some of SBA Communications' key competitors?

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 Vanguard Group Inc. (16.29%), Vanguard Group Inc (16.29%), BlackRock Inc. (8.55%), Brown Advisory Inc. (2.66%), Franklin Resources Inc. (1.80%) and American Century Companies Inc. (1.71%). 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 Jennison Associates LLC, Iridian Asset Management LLC CT, Fairview Capital Investment Management LLC, William Blair Investment Management LLC, JPMorgan Chase & Co., American Century Companies Inc., Massachusetts Financial Services Co. MA and FMR LLC. Company insiders that have sold SBA Communications company stock in the last year include Brendan Thomas Cavanagh, Brian C Carr, Duncan Cocroft, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, 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 bought by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Commonwealth Bank of Australia, Cohen & Steers Inc., Vanguard Group Inc, Vanguard Group Inc., Renaissance Technologies LLC, BlackRock Inc. and Manning & Napier Group LLC. 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 $167.07.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $19.55 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:  2.8 out of 5 (star star)
Outperform Votes:  567 (Vote Outperform)
Underperform Votes:  456 (Vote Underperform)
Total Votes:  1,023
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 12/17/2018 by MarketBeat.com Staff

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