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. $291.08 -0.57 (-0.20%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$288.97▼$294.5650-Day Range$277.46▼$306.5552-Week Range$236.20▼$379.99Volume430,006 shsAverage Volume683,448 shsMarket Capitalization$31.43 billionP/E Ratio78.46Dividend Yield0.97%Price Target$340.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SBA Communications MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside16.9% Upside$340.20 Price TargetShort InterestHealthy1.12% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.31Based on 18 Articles This WeekInsider TradingN/AProj. Earnings Growth4.06%From $11.34 to $11.80 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.2.60 out of 5 starsFinance Sector176th out of 891 stocksReal Estate Investment Trusts Industry39th out of 192 stocks 3.4 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 $340.20, SBA Communications has a forecasted upside of 16.9% from its current price of $291.08.Amount of Analyst CoverageSBA Communications has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.12% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SBA Communications has recently decreased by 2.46%, indicating that investor sentiment is improving. Previous Next 0.8 Dividend Strength Dividend YieldSBA Communications has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of SBA Communications is 76.55%. 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 24.07% 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 1.8 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.31. 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 lower news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for SBA Communications this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to grow by 4.06% in the coming year, from $11.34 to $11.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 78.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.52.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 78.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.13. Previous Next See Top Rated MarketRank™ Stocks Here About SBA Communications (NASDAQ:SBAC) StockSBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. 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. For more information please visit: www.sbasite.com.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 HeadlinesJanuary 27, 2023 | americanbankingnews.comSBA Communications Co. Forecasted to Earn Q4 2022 Earnings of $2.94 Per Share (NASDAQ:SBAC)January 26, 2023 | reuters.comSBAC.P - | Stock Price & Latest News | ReutersJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 26, 2023 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Upgraded at Wolfe ResearchJanuary 26, 2023 | americanbankingnews.comResearch Analysts Set Expectations for SBA Communications Co.'s Q1 2023 Earnings (NASDAQ:SBAC)January 25, 2023 | marketwatch.comSBA Communications Corp. stock rises Wednesday, outperforms marketJanuary 24, 2023 | marketwatch.comSBA Communications Corp. stock underperforms Tuesday when compared to competitors despite daily gainsJanuary 23, 2023 | americanbankingnews.comKeyCorp Cuts SBA Communications (NASDAQ:SBAC) Price Target to $319.00January 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 21, 2023 | reuters.comSBAC.O - | Stock Price & Latest News | ReutersJanuary 18, 2023 | seekingalpha.comSBA Communications: Strong Earnings Growth Despite Churn ConcernsJanuary 17, 2023 | finance.yahoo.comWith EPS Growth And More, SBA Communications (NASDAQ:SBAC) Makes An Interesting CaseDecember 30, 2022 | finance.yahoo.comShould You Sell SBA Communications Corporation (SBAC)?December 26, 2022 | finance.yahoo.comShould You Hold SBA Communications Corporation (SBAC)?December 20, 2022 | tmcnet.comSBA Communications Corporation to Speak at Citi's 2023 Communications, Media & Entertainment ConferenceDecember 20, 2022 | finance.yahoo.comSBA Communications Corporation to Speak at Citi’s 2023 Communications, Media & Entertainment ConferenceDecember 15, 2022 | marketwatch.comSBA Communications Corp. stock outperforms market despite losses on the dayDecember 15, 2022 | finance.yahoo.comIs it Wise to Retain SBA Communications (SBAC) Stock for Now?December 14, 2022 | markets.businessinsider.comIs SBA Communications Stock (NASDAQ:SBAC) Overvalued Despite Impeccable Fundamentals?December 14, 2022 | marketwatch.comSBA Communications Corp. stock underperforms Wednesday when compared to competitorsNovember 23, 2022 | markets.businessinsider.com14 Analysts Have This to Say About SBA CommunicationsNovember 22, 2022 | finance.yahoo.comShould You Add SBA Communications Corp. (SBAC) to Your Portfolio?November 9, 2022 | seekingalpha.comSBA Communications Is Solid, But These 2 Higher Yields Are Way BetterNovember 9, 2022 | finance.yahoo.comSBA Communications Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsNovember 1, 2022 | markets.businessinsider.comSBA Communications Raises FY OutlookNovember 1, 2022 | seekingalpha.comSBA Communications Corporation (SBAC) Q3 2022 Earnings Call TranscriptNovember 1, 2022 | markets.businessinsider.comWhat 12 Analyst Ratings Have To Say About SBA CommunicationsSee 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 Earnings10/31/2022Ex-Dividend for 12/15 Dividend11/16/2022Dividend Payable12/15/2022Today1/27/2023Next Earnings (Estimated)2/27/2023Fiscal 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) 995-7670Fax561-995-7626Employees1,596Year Founded1989Price Target and Rating Average Stock Price Forecast$340.20 High Stock Price Forecast$380.00 Low Stock Price Forecast$309.00 Forecasted Upside/Downside+16.9%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$3.71 Trailing P/E Ratio78.46 Forward P/E Ratio25.67 P/E GrowthN/ANet Income$237.62 million Net Margins16.01% Pretax Margin17.52% Return on Equity-7.57% Return on Assets4.08% Debt Debt-to-Equity RatioN/A Current Ratio0.40 Quick Ratio0.40 Sales & Book Value Annual Sales$2.31 billion Price / Sales13.61 Cash Flow$8.90 per share Price / Cash Flow32.71 Book Value($48.49) per share Price / Book-6.00Miscellaneous Outstanding Shares107,966,000Free Float106,023,000Market Cap$31.43 billion OptionableOptionable Beta0.49 Social Links Key ExecutivesMr. Steven E. Bernstein II (Age 62)Founder & Independent Chairman Comp: $194.8kMr. Jeffrey A. Stoops (Age 64)CEO, Pres & Director Comp: $1.05MMr. Brendan Thomas Cavanagh CPA (Age 51)CFO & Exec. VP Comp: $675.59kMr. Thomas P. Hunt Esq. (Age 65)Exec. VP, Chief Admin. Officer & Gen. Counsel Comp: $671.59kMr. Kurt L. Bagwell (Age 58)Exec. VP & Pres of International Comp: $675.59kMr. Jason V. Silberstein (Age 54)Exec. VP of Site Leasing Comp: $557.2kMr. Mark R. Ciarfella (Age 57)Exec. VP of Operations Mr. Brian D. Lazarus CPA (Age 51)CPA, Chief Accounting Officer & Sr. VP Dr. Dipan D. Patel Ph.D. (Age 48)Exec. VP of Strategy, Technology & New Bus. Initiatives Mr. Jorge Grau (Age 60)Chief Information Officer & Sr. VP More ExecutivesKey CompetitorsCrown CastleNYSE:CCIDigital Realty TrustNYSE:DLRVICI PropertiesNYSE:VICIWelltowerNYSE:WELLAlexandria Real Estate EquitiesNYSE:AREView All CompetitorsInsiders & InstitutionsComerica BankBought 198 shares on 1/26/2023Ownership: 0.022%Sumitomo Mitsui DS Asset Management Company LtdSold 355 shares on 1/26/2023Ownership: 0.008%Oregon Public Employees Retirement FundBought 61 shares on 1/26/2023Ownership: 0.008%Dupont Capital Management CorpSold 682 shares on 1/26/2023Ownership: 0.002%Tokio Marine Asset Management Co. Ltd.Bought 124 shares on 1/26/2023Ownership: 0.002%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 equities research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last twelve months. There are currently 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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 research analysts have issued 12 month price objectives for SBA Communications' stock. Their SBAC share price forecasts range from $309.00 to $380.00. On average, they predict the company's share price to reach $340.20 in the next year. This suggests a possible upside of 16.9% 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 at the start of the year. Since then, SBAC stock has increased by 3.8% and is now trading at $291.08. 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, February 27th 2023. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) released its earnings results on Monday, October, 31st. The technology company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by $0.04. The technology company earned $675.60 million during the quarter, compared to the consensus estimate of $651.42 million. SBA Communications had a net margin of 16.01% and a negative trailing twelve-month return on equity of 7.57%. SBA Communications's revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.71 EPS. Read the conference call transcript. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications declared a quarterly dividend on Monday, October 31st. Stockholders of record on Thursday, November 17th will be paid a dividend of $0.71 per share on Thursday, December 15th. This represents a $2.84 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Wednesday, November 16th. Read our dividend analysis for SBAC. Is SBA Communications a good dividend stock? SBA Communications (NASDAQ:SBAC) pays an annual dividend of $2.84 per share and currently has a dividend yield of 0.97%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 76.55%. 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 24.07% 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 2022 earnings guidance on Monday, November, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.62 billion-$2.64 billion, compared to the consensus revenue estimate of $2.58 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 a variety of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.50%), Allspring Global Investments Holdings LLC (0.39%), Ceredex Value Advisors LLC (0.26%), State of Alaska Department of Revenue (0.06%), Artemis Investment Management LLP (0.06%) and Fifth Third Bancorp (0.03%). Insiders that own company stock include Brendan Thomas Cavanagh, Brian C Carr, 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, Steven E Bernstein 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 $291.08. How much money does SBA Communications make? SBA Communications (NASDAQ:SBAC) has a market capitalization of $31.43 billion and generates $2.31 billion in revenue each year. The technology company earns $237.62 million in net income (profit) each year or $3.71 on an earnings per share basis. How many employees does SBA Communications have? The company employs 1,596 workers across the globe. 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 1/27/2023 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. 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