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
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryWireless Telecommunication Services
SectorFinance
SymbolNASDAQ:SBAC
CUSIP78388J10
Phone561-226-9345
Debt
Debt-to-Equity Ratio-3.18
Current Ratio1.18
Quick Ratio1.18
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E Ratio22.71
P/E Growth2.27
Sales & Book Value
Annual Sales$1.73 billion
Price / Sales10.67
Cash Flow$6.7252 per share
Price / Cash23.87
Book Value($22.32) per share
Price / Book-7.19
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$103.65 million
Net Margins1.73%
Return on Equity-1.26%
Return on Assets0.45%
Miscellaneous
Employees1,291
Outstanding Shares114,840,000
Market Cap$18.47 billion
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 of Directors has authorized a stock buyback 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 buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board believes its shares are undervalued.
How were SBA Communications' earnings last quarter?
SBA Communications Co. (NASDAQ:SBAC) posted its quarterly earnings results on Monday, July, 30th. The technology company reported ($0.50) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.68. The technology company earned $456.30 million during the quarter, compared to analysts' expectations of $457.43 million. SBA Communications had a negative return on equity of 1.26% and a net margin of 1.73%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.73 earnings per share. View SBA Communications' Earnings History.
When is SBA Communications' next earnings date?
What guidance has SBA Communications issued on next quarter's earnings?
SBA Communications updated its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share guidance of $7.21-$7.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.63. The company issued revenue guidance of $1.819-$1.859 billion, compared to the consensus revenue estimate of $1.85 billion.
What price target have analysts set for SBAC?
12 equities research analysts have issued 1 year target prices for SBA Communications' stock. Their forecasts range from $161.00 to $200.00. On average, they expect SBA Communications' stock price to reach $179.5455 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for SBA Communications.
What is the consensus analysts' recommendation for SBA Communications?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SBA Communications.
Who are some of SBA Communications' key competitors?
Some companies that are related to SBA Communications include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR) and Boston Properties (BXP).
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 shareholders include BlackRock Inc. (8.28%), Brown Advisory Inc. (2.67%), American Century Companies Inc. (1.95%), Dimensional Fund Advisors LP (1.49%), Canada Pension Plan Investment Board (1.49%) and Wells Fargo & Company MN (1.14%). Company insiders that own SBA Communications stock include 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 and Mark R Ciarfella. 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 Massachusetts Financial Services Co. MA, Schroder Investment Management Group, Iridian Asset Management LLC CT, Frontier Capital Management Co. LLC, Millennium Management LLC, Wells Fargo & Company MN, Jennison Associates LLC and Janus Henderson Group PLC. Company insiders that have sold SBA Communications company stock in the last year include Brian C Carr, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Kurt L Bagwell and Mark R Ciarfella. View Insider Buying and Selling for SBA Communications.
Which major investors are buying SBA Communications stock?
SBAC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Canada Pension Plan Investment Board, Meritage Group LP, Eagle Asset Management Inc., Los Angeles Capital Management & Equity Research Inc., Brown Advisory Inc., Carillon Tower Advisers Inc. and Bank of America Corp DE. 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 $160.53.
How big of a company is SBA Communications?
SBA Communications has a market capitalization of $18.47 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?
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)
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.
