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SBA Communications Stock Price, News & Analysis (NASDAQ:SBAC)

$245.61
-0.22 (-0.09 %)
(As of 10/22/2019 03:06 PM ET)
Today's Range
$245.08
Now: $245.61
$250.57
50-Day Range
$230.67
MA: $246.48
$268.29
52-Week Range
$150.52
Now: $245.61
$270.42
Volume47,740 shs
Average Volume704,788 shs
Market Capitalization$27.78 billion
P/E Ratio32.32
Dividend Yield0.61%
Beta0.65
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

Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
Current SymbolNASDAQ:SBAC
CUSIP78388J10
Phone561-226-9345

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.87 billion
Cash Flow$6.85 per share
Book Value($30.03) per share

Profitability

Net Income$47.45 million

Miscellaneous

Employees1,347
Market Cap$27.78 billion
Next Earnings Date10/28/2019 (Confirmed)
OptionableOptionable

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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 often does SBA Communications pay dividends? What is the dividend yield for SBA Communications?

SBA Communications announced a quarterly dividend on Monday, July 29th. Shareholders of record on Wednesday, August 28th will be paid a dividend of $0.37 per share on Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 0.60%. The ex-dividend date is Tuesday, August 27th. View SBA Communications' Dividend History.

How will SBA Communications' stock buyback program work?

SBA Communications announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 27th 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) released its earnings results on Monday, July, 29th. The technology company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $1.86 by $1.58. The technology company earned $500.10 million during the quarter, compared to the consensus estimate of $489.09 million. SBA Communications had a net margin of 6.75% and a negative return on equity of 4.12%. The company's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.50) 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, October 28th 2019. View Earnings Estimates for SBA Communications.

How can I listen to SBA Communications' earnings call?

SBA Communications will be holding an earnings conference call on Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has SBA Communications issued on next quarter's earnings?

SBA Communications issued an update on its FY19 earnings guidance on Monday, July, 29th. The company provided earnings per share guidance of $8.20-8.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.11. The company issued revenue guidance of $1.97 billion, compared to the consensus revenue estimate of prior $8.02-8.47.

What price target have analysts set for SBAC?

11 Wall Street analysts have issued 12-month price targets for SBA Communications' shares. Their predictions range from $185.00 to $292.00. On average, they expect SBA Communications' share price to reach $243.18 in the next year. This suggests that the stock has a possible downside of 1.3%. 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 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SBA Communications.

Has SBA Communications been receiving favorable news coverage?

Media stories about SBAC stock have trended negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SBA Communications earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for SBA Communications.

Are investors shorting SBA Communications?

SBA Communications saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,660,000 shares, an increase of 5.1% from the August 30th total of 1,580,000 shares. Based on an average daily volume of 638,600 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.5% of the company's stock are sold short. View SBA Communications' Current Options Chain.

Who are some of SBA Communications' key competitors?

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 CA (CA), NVIDIA (NVDA), Cisco Systems (CSCO), American Tower (AMT), Netflix (NFLX), CROWN CASTLE IN/SH SH (CCI), AT&T (T), Walt Disney (DIS), Mastercard (MA) and Micron Technology (MU).

Who are SBA Communications' key executives?

SBA Communications' management team includes the folowing people:
  • Mr. Steven E. Bernstein II, Founder & Chairman (Age 58)
  • Mr. Jeffrey A. Stoops, Pres, CEO & Director (Age 61)
  • Mr. Brendan Thomas Cavanagh CPA, Exec. VP & CFO (Age 47)
  • Mr. Thomas P. Hunt Esq., Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 61)
  • Mr. Kurt L. Bagwell, Exec. VP & Pres of International (Age 54)

Who are SBA Communications' major shareholders?

SBA Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include CIBC Private Wealth Group LLC (0.51%), Manning & Napier Group LLC (0.36%), Strs Ohio (0.12%), Envestnet Asset Management Inc. (0.07%), Robeco Institutional Asset Management B.V. (0.04%) and Nisa Investment Advisors LLC (0.03%). 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, Steven E Bernstein and Thomas P Hunt. View Institutional Ownership Trends for SBA Communications.

Which major investors are selling SBA Communications stock?

SBAC stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, State of Alaska Department of Revenue, Strs Ohio, Zeke Capital Advisors LLC, Gateway Investment Advisers LLC, Meeder Asset Management Inc., NuWave Investment Management LLC and CHURCHILL MANAGEMENT Corp. 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, Jack Langer, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Steven E Bernstein and Thomas P Hunt. View Insider Buying and Selling for SBA Communications.

Which major investors are buying SBA Communications stock?

SBAC stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Tuttle Tactical Management, Cliftonlarsonallen Wealth Advisors LLC, Pacer Advisors Inc., Robeco Institutional Asset Management B.V., Commerzbank Aktiengesellschaft FI, Nisa Investment Advisors LLC and Envestnet Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is SBA Communications' stock price today?

One share of SBAC stock can currently be purchased for approximately $246.32.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $27.86 billion and generates $1.87 billion in revenue each year. The technology company earns $47.45 million in net income (profit) each year or $7.60 on an earnings per share basis. SBA Communications employs 1,347 workers across the globe.View Additional Information About SBA Communications.

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:  2.7 out of 5 (star star)
Outperform Votes:  643 (Vote Outperform)
Underperform Votes:  549 (Vote Underperform)
Total Votes:  1,192
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 10/22/2019 by MarketBeat.com Staff

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