NASDAQ:SBAC - SBA Communications Stock Price, News, & Analysis

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$185.50 +1.31 (+0.71 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$185.50
Today's Range$184.01 - $185.9250
52-Week Range$146.13 - $185.93
Volume1.33 million shs
Average Volume655,516 shs
Market Capitalization$21.02 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.82
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.

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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$1.73 billion
Cash Flow$6.78 per share
Book Value($22.32) per share

Profitability

Net Income$103.65 million

Miscellaneous

Employees1,291
Market Cap$21.02 billion
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 will SBA Communications' stock buyback program work?

SBA Communications declared that its Board of Directors has authorized a share buyback program 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 buy shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) announced its quarterly earnings results on Monday, April, 30th. The technology company reported $0.27 EPS for the quarter, topping the Zacks' consensus estimate of $0.20 by $0.07. The technology company earned $458.30 million during the quarter, compared to analysts' expectations of $453.50 million. SBA Communications had a negative net margin of 0.11% and a negative return on equity of 0.65%. SBA Communications's revenue was up 8.2% compared to the same quarter last year. During the same period last year, the firm posted $1.69 EPS. View SBA Communications' Earnings History.

When is SBA Communications' next earnings date?

SBA Communications is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 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 Thursday, February 21st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301074.

What price target have analysts set for SBAC?

10 equities research analysts have issued 12-month price targets for SBA Communications' shares. Their predictions range from $161.00 to $195.00. On average, they expect SBA Communications' share price to reach $180.75 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for SBA Communications.

What is the consensus analysts' recommendation for SBA Communications?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SBA Communications.

Has SBA Communications been receiving favorable news coverage?

Media coverage about SBAC stock has trended somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. SBA Communications earned a news sentiment score of -1.0 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 media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of SBA Communications' key competitors?

Who are SBA Communications' key executives?

SBA Communications' management team includes the folowing people:
  • Mr. Jeffrey A. Stoops, Pres, CEO & Director (Age 61)
  • Mr. Brendan Thomas Cavanagh CPA, Exec. VP & CFO (Age 47)
  • Mr. Thomas P. Hunt, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 61)
  • Mr. Kurt L. Bagwell, Exec. VP & Pres of International (Age 54)
  • Mr. Jason V. Silberstein, Exec. VP of Site Leasing (Age 50)

Who are SBA Communications' major shareholders?

SBA Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.62%), Principal Financial Group Inc. (4.27%), Cohen & Steers Inc. (3.21%), Brown Advisory Inc. (2.63%), Canada Pension Plan Investment Board (1.60%) and Dimensional Fund Advisors LP (1.54%). 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 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 Iridian Asset Management LLC CT, D. E. Shaw & Co. Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Triple Frond Partners LLC, Victory Capital Management Inc., Jennison Associates LLC and Lasalle Investment Management Securities LLC. 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, Jason V Silberstein, Jeffrey Stoops, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella and Thomas P Hunt. 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Millennium Management LLC, Commonwealth Bank of Australia, Maple Brown Abbott Ltd, Two Sigma Advisers LP, Massachusetts Financial Services Co. MA and Westfield Capital Management Co. LP. 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 $185.50.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $21.02 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?

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:  582 (Vote Outperform)
Underperform Votes:  482 (Vote Underperform)
Total Votes:  1,064
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 2/16/2019 by MarketBeat.com Staff

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