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
Phone561-226-9345
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.87 billion
Profitability
Miscellaneous
Employees1,347
Next Earnings Date11/4/2019 (Estimated)
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 often does SBA Communications pay dividends? What is the dividend yield for SBA Communications?
SBA Communications declared a quarterly dividend on Monday, July 29th. Investors of record on Wednesday, August 28th will be given a dividend of $0.37 per share on Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date is Tuesday, August 27th. View SBA Communications' Dividend History.
How will SBA Communications' stock buyback program work?
SBA Communications declared that its board has authorized a stock repurchase plan on Tuesday, February 27th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.
How were SBA Communications' earnings last quarter?
SBA Communications Co. (NASDAQ:SBAC) released its quarterly earnings data on Monday, July, 29th. The technology company reported $0.28 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.86 by $1.58. The technology company earned $500.10 million during the quarter, compared to analysts' expectations of $489.09 million. SBA Communications had a negative return on equity of 4.12% and a net margin of 6.75%. The firm's revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the business posted ($0.50) 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 FY19 earnings guidance on Monday, July, 29th. The company provided earnings per share (EPS) guidance of $8.20-8.60 for the period, compared to the Thomson Reuters consensus 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?
13 analysts have issued 12 month price objectives for SBA Communications' stock. Their predictions range from $161.00 to $292.00. On average, they expect SBA Communications' share price to reach $234.0833 in the next year. This suggests that the stock has a possible downside of 10.2%. View Analyst Price Targets for SBA Communications.
What is the consensus analysts' recommendation for SBA Communications?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 8 hold ratings and 5 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?
Headlines about SBAC stock have been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. SBA Communications earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future. View News Stories for SBA Communications.
Are investors shorting SBA Communications?
SBA Communications saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 1,619,500 shares, a decline of 6.0% from the June 30th total of 1,723,600 shares. Based on an average trading volume of 611,200 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.5% of the shares of the company are sold short. View SBA Communications' Current Options Chain.
Who are some of SBA Communications' key competitors?
Some companies that are related to SBA Communications include American Tower (AMT), CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Simon Property Group (SPG), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), Ventas (VTR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Essex Property Trust (ESS), Boston Properties (BXP) and Weyerhaeuser (WY).
What other stocks do shareholders of SBA Communications own?
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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.08%), BlackRock Inc. (9.00%), BlackRock Inc. (9.02%), Cohen & Steers Inc. (3.99%), Brown Advisory Inc. (2.52%) and Canada Pension Plan Investment Board (1.91%). 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 Meritage Group LP, Invesco Ltd., Daiwa Securities Group Inc., Renaissance Technologies LLC, Morgan Stanley, Aviva PLC, Manning & Napier Group LLC and BNP Paribas Arbitrage SA. 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 purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., USS Investment Management Ltd, UBS Asset Management Americas Inc., JPMorgan Chase & Co. and Canada Pension Plan Investment Board. 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 $260.80.
How big of a company is SBA Communications?
SBA Communications has a market capitalization of $29.50 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?
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.
