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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
NASDAQ:SBAC

SBA Communications - SBAC Stock Forecast, Price & News

$308.09
+6.92 (+2.30%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$297.61
$309.52
50-Day Range
$277.46
$306.55
52-Week Range
$236.20
$379.99
Volume
825,346 shs
Average Volume
700,029 shs
Market Capitalization
$33.26 billion
P/E Ratio
83.04
Dividend Yield
0.95%
Price Target
$340.20

SBA Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
10.4% Upside
$340.20 Price Target
Short Interest
Healthy
1.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.50
Upright™ Environmental Score
News Sentiment
0.22mentions of SBA Communications in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.62%
From $11.34 to $11.75 Per Share

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 stars

Finance Sector

173rd out of 879 stocks

Real Estate Investment Trusts Industry

32nd out of 190 stocks

SBAC stock logo

About SBA Communications (NASDAQ:SBAC) Stock

SBA 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.

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SBAC Stock News Headlines

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SBAC.O - | Stock Price & Latest News | Reuters
Should You Sell SBA Communications Corporation (SBAC)?
Should You Hold SBA Communications Corporation (SBAC)?
14 Analysts Have This to Say About SBA Communications
SBA Communications Raises FY Outlook
See More Headlines
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SBAC Company Calendar

Last Earnings
10/31/2022
Ex-Dividend for 12/15 Dividend
11/16/2022
Dividend Payable
12/15/2022
Today
2/02/2023
Next Earnings (Confirmed)
2/21/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Wireless Telecommunication Services
Sector
Finance
Current Symbol
NASDAQ:SBAC
CUSIP
78388J10
Employees
1,596
Year Founded
1989

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
16 Analysts

Profitability

Net Income
$237.62 million
Pretax Margin
17.52%

Debt

Sales & Book Value

Annual Sales
$2.31 billion
Cash Flow
$9.10 per share
Book Value
($48.49) per share

Miscellaneous

Free Float
106,023,000
Market Cap
$33.26 billion
Optionable
Optionable
Beta
0.49

Social Links


Key Executives

  • Jeffrey A. StoopsJeffrey A. Stoops
    President, Chief Executive Officer & Director
  • Mark R. CiarfellaMark R. Ciarfella
    Executive Vice President-Operations
  • Brendan Thomas CavanaghBrendan Thomas Cavanagh
    Chief Financial Officer & Executive Vice President
  • Jorge Grau
    Chief Information Officer & Senior Vice President
  • Dipan D. Patel
    Executive Vice President-Strategy & Technology













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