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

$241.47
-1.35 (-0.56 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$241.18
Now: $241.47
$244.76
50-Day Range
$232.79
MA: $250.80
$268.29
52-Week Range
$146.13
Now: $241.47
$270.42
Volume445,321 shs
Average Volume729,614 shs
Market Capitalization$27.31 billion
P/E Ratio31.77
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$6.78 per share
Book Value($30.03) per share

Profitability

Net Income$47.45 million

Miscellaneous

Employees1,347
Market Cap$27.31 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 declared a quarterly dividend on Monday, July 29th. Shareholders 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 0.61%. 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 approved a stock buyback program 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) posted 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 analysts' expectations of $489.09 million. SBA Communications had a negative return on equity of 4.12% and a net margin of 6.75%. SBA Communications's revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.50) earnings per share. 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 updated its FY19 earnings guidance on Monday, July, 29th. The company provided 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?

11 brokerages have issued 12 month price objectives for SBA Communications' shares. Their predictions range from $185.00 to $292.00. On average, they anticipate SBA Communications' share price to reach $243.18 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. 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 headlines about SBAC stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SBA Communications earned a news impact score of -2.6 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for SBA Communications.

Are investors shorting SBA Communications?

SBA Communications saw a increase in short interest in 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 trading volume of 638,600 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.5% of the shares of the company are short sold. 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), CROWN CASTLE IN/SH SH (CCI), AT&T (T), Netflix (NFLX), 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 investors include Manning & Napier Group LLC (0.36%), Pacer Advisors Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Gulf International Bank UK Ltd (0.02%), Cliftonlarsonallen Wealth Advisors LLC (0.01%) and Crossmark Global Holdings Inc. (0.01%). 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 institutional 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 and Crossmark Global Holdings Inc.. 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 institutional investors are buying SBA Communications stock?

SBAC stock was acquired by a variety of institutional investors in the last quarter, including Cliftonlarsonallen Wealth Advisors LLC, Pacer Advisors Inc., Gulf International Bank UK Ltd and First Hawaiian Bank. 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 $241.47.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $27.31 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:  546 (Vote Underperform)
Total Votes:  1,189
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 10/13/2019 by MarketBeat.com Staff

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