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. $308.09 +6.92 (+2.30%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$297.61▼$309.5250-Day Range$277.46▼$306.5552-Week Range$236.20▼$379.99Volume825,346 shsAverage Volume700,029 shsMarket Capitalization$33.26 billionP/E Ratio83.04Dividend Yield0.95%Price Target$340.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SBA Communications MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside10.4% Upside$340.20 Price TargetShort InterestHealthy1.12% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.22Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth3.62%From $11.34 to $11.75 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.2.59 out of 5 starsFinance Sector173rd out of 879 stocksReal Estate Investment Trusts Industry32nd out of 190 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 10.4% from its current price of $308.09.Amount of Analyst CoverageSBA Communications has been the subject of 6 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 0.95%, 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 24.17% 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 0.22. 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 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for SBA Communications this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of -50% 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 3.62% in the coming year, from $11.34 to $11.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 83.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.32.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 83.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 192.28. Previous Next See Top Rated MarketRank™ Stocks Here About SBA Communications (NASDAQ:SBAC) StockSBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment includes consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.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 31, 2023 | msn.comContinued Demand for Mobile Data Boosts Crown CastleJanuary 31, 2023 | finance.yahoo.comSBA Communications Corporation Sets Date for Fourth Quarter 2022 Earnings ReleaseFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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Forecasted to Earn Q4 2022 Earnings of $2.94 Per Share (NASDAQ:SBAC)January 26, 2023 | reuters.comSBAC.P - | Stock Price & Latest News | ReutersJanuary 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)February 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! 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 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 OutlookSee 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 Payable12/15/2022Today2/02/2023Next Earnings (Confirmed)2/21/2023Fiscal 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+10.4%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$3.71 Trailing P/E Ratio83.04 Forward P/E Ratio27.17 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 / Sales14.41 Cash Flow$9.10 per share Price / Cash Flow33.86 Book Value($48.49) per share Price / Book-6.35Miscellaneous Outstanding Shares107,970,000Free Float106,023,000Market Cap$33.26 billion OptionableOptionable Beta0.49 Social Links Key ExecutivesJeffrey A. StoopsPresident, Chief Executive Officer & DirectorMark R. CiarfellaExecutive Vice President-OperationsBrendan Thomas CavanaghChief Financial Officer & Executive Vice PresidentJorge GrauChief Information Officer & Senior Vice PresidentDipan D. PatelExecutive Vice President-Strategy & TechnologyKey CompetitorsCrown CastleNYSE:CCIVICI PropertiesNYSE:VICIDigital Realty TrustNYSE:DLRWelltowerNYSE:WELLAlexandria Real Estate EquitiesNYSE:AREView All CompetitorsInsiders & InstitutionsMiller Howard Investments Inc. NYSold 46 shares on 2/2/2023Ownership: 0.007%Stock Yards Bank & Trust Co.Bought 305 shares on 2/2/2023Ownership: 0.003%Profund Advisors LLCSold 40 shares on 2/2/2023Ownership: 0.002%Raymond James Trust N.A.Sold 234 shares on 2/2/2023Ownership: 0.002%Integrated Advisors Network LLCBought 448 shares on 2/2/2023Ownership: 0.001%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 research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 1 year target prices for SBA Communications' stock. Their SBAC share price forecasts range from $309.00 to $380.00. On average, they expect the company's share price to reach $340.20 in the next twelve months. This suggests a possible upside of 10.4% 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 9.9% and is now trading at $308.09. 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 Tuesday, February 21st 2023. View our SBAC earnings forecast. How can I listen to SBA Communications' earnings call? SBA Communications will be holding an earnings conference call on Tuesday, February 21st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-207-1041 with passcode "5924322". How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) announced its earnings results on Monday, October, 31st. The technology company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.95 by $0.04. The technology company had revenue of $675.60 million for the quarter, compared to analyst estimates 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%. The firm's quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.71 earnings per share. Read the conference call transcript. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications announced 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 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend 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 0.95%. 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 24.17% 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 number of institutional and retail investors. Top institutional shareholders include Parnassus Investments LLC (0.55%), Manning & Napier Group LLC (0.50%), Allspring Global Investments Holdings LLC (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Ceredex Value Advisors LLC (0.26%) and Bank of Montreal Can (0.15%). 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 $308.09. How much money does SBA Communications make? SBA Communications (NASDAQ:SBAC) has a market capitalization of $33.26 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 2/3/2023 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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