NASDAQ:SBACSBA Communications Stock Price, Forecast & News Adding Choose a 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. Log In and Add $276.66 -0.80 (-0.29 %) (As of 04/7/2020 04:00 PM ET) Add Compare Share Today's Range$276.49Now: $276.66▼$290.0050-Day Range$215.46MA: $272.81▼$303.2452-Week Range$193.91Now: $276.66▼$309.85Volume584,603 shsAverage Volume1.30 million shsMarket Capitalization$30.97 billionP/E Ratio214.47Dividend Yield0.70%Beta0.37 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $290.38, SBA Communications has a potential upside of 5.0% from its current price of $276.66.Amount of Analyst CoverageSBA Communications has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesSBA Communications has received 696 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSBA Communications has received 594 “underperform” votes. (Add your “underperform” vote.)Community SentimentSBA Communications has received 53.95% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipSBA Communications is a leading dividend payer. It pays a dividend yield of 0.70%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSBA Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SBA Communications is 21.91 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SBA Communications will have a dividend payout ratio of 18.94 % next year. This indicates that SBA Communications will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SBA Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,935,832.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of SBA Communications is held by insiders.Percentage Held by Institutions93.61% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to grow by 11.85% in the coming year, from $8.78 to $9.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 214.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.90.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 214.47, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 12.38. Previous Next Analyst Opinion: 2.5Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.02 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryWireless Telecommunication Services SectorFinance Current SymbolNASDAQ:SBAC Previous Symbol CUSIP78388J10 CIK1034054 Webhttp://www.sbasite.com/ Phone561-995-7670Debt Debt-to-Equity RatioN/A Current Ratio0.32 Quick Ratio0.32Price-To-Earnings Trailing P/E Ratio214.47 Forward P/E Ratio31.51 P/E GrowthN/A Sales & Book Value Annual Sales$2.01 billion Price / Sales15.37 Cash Flow$8.38 per share Price / Cash Flow33.01 Book Value($32.81) per share Price / Book-8.43Profitability EPS (Most Recent Fiscal Year)$8.49 Net Income$146.99 million Net Margins7.30% Return on Equity-4.24% Return on Assets1.57%Miscellaneous Employees1,475 Outstanding Shares111,930,000Market Cap$30.97 billion Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive SBAC News and Ratings via Email Sign-up to receive the latest news and ratings for SBAC and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:SBAC Rates by TradingView SBA Communications (NASDAQ:SBAC) Frequently Asked Questions How has SBA Communications' stock been impacted by COVID-19 (Coronavirus)? SBA Communications' stock was trading at $274.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SBAC stock has increased by 0.7% and is now trading at $276.66. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of SBA Communications? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SBA Communications. When is SBA Communications' next earnings date? SBA Communications is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for SBA Communications. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) announced its quarterly earnings results on Thursday, February, 20th. The technology company reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.04 by $1.45. The technology company earned $513.66 million during the quarter, compared to the consensus estimate of $506.66 million. SBA Communications had a negative return on equity of 4.24% and a net margin of 7.30%. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.50 earnings per share. View SBA Communications' earnings history. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications announced a quarterly dividend on Thursday, February 20th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.465 per share on Thursday, March 26th. This represents a $1.86 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Monday, March 9th. This is a positive change from SBA Communications's previous quarterly dividend of $0.37. View SBA Communications' dividend history. What guidance has SBA Communications issued on next quarter's earnings? SBA Communications issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $9.07 to $9.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.51. The company issued revenue guidance of $2.10 billion to $2.14 billion, compared to the consensus revenue estimate of $2.12 billion. What price target have analysts set for SBAC? 12 brokers have issued 12 month price objectives for SBA Communications' shares. Their forecasts range from $236.00 to $338.00. On average, they anticipate SBA Communications' share price to reach $290.38 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View analysts' price targets for SBA Communications. Has SBA Communications been receiving favorable news coverage? News stories about SBAC stock have been trending very negative on Tuesday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SBA Communications earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutSBA Communications. Are investors shorting SBA Communications? SBA Communications saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,187,000 shares, an increase of 10.5% from the February 27th total of 1,980,000 shares. Based on an average daily trading volume, of 1,067,700 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.0% of the shares of the company are short sold. View SBA Communications' Current Options Chain. Who are some of SBA Communications' key competitors? Some companies that are related to SBA Communications include CROWN CASTLE IN/SH SH (CCI), Sprint (S), Shenandoah Telecommunications (SHEN), United States Cellular (USM), Telephone & Data Systems (TDS), BlackBerry (BB), Boingo Wireless (WIFI) and Spok (SPOK). 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 NVIDIA (NVDA), Cisco Systems (CSCO), American Tower (AMT), AT&T (T), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), CROWN CASTLE IN/SH SH (CCI), Walt Disney (DIS) and Mastercard (MA). Who are SBA Communications' key executives? SBA Communications' management team includes the following 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) 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 many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.05%). 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, Mary S Chan, Steven E Bernstein and Thomas P Hunt. View institutional ownership trends for SBA Communications. Which major investors are buying SBA Communications stock? SBAC stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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 $276.66. How big of a company is SBA Communications? SBA Communications has a market capitalization of $30.97 billion and generates $2.01 billion in revenue each year. The technology company earns $146.99 million in net income (profit) each year or $8.49 on an earnings per share basis. SBA Communications employs 1,475 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 561-995-7670 or via email at [email protected] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: Do You Need a Fiduciary?
