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

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$171.53 -1.52 (-0.88 %)
(As of 01/22/2019 01:31 PM ET)
Previous Close$173.05
Today's Range$171.26 - $173.83
52-Week Range$146.13 - $177.67
Volume12,225 shs
Average Volume634,780 shs
Market Capitalization$19.61 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.72
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$6.6769 per share
Book Value($22.32) per share

Profitability

Net Income$103.65 million

Miscellaneous

Employees1,291
Market Cap$19.61 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 approved a share repurchase plan on Tuesday, February 27th 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) released its quarterly earnings data on Monday, November, 5th. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.78 by $1.64. The technology company had revenue of $467.20 million for the quarter, compared to the consensus estimate of $459.17 million. SBA Communications had a negative net margin of 0.11% and a negative return on equity of 0.65%. The firm's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the company earned $1.75 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 Monday, February 25th 2019. View Earnings Estimates for SBA Communications.

What price target have analysts set for SBAC?

10 analysts have issued twelve-month price targets for SBA Communications' stock. Their predictions range from $161.00 to $192.00. On average, they expect SBA Communications' stock price to reach $179.8750 in the next year. This suggests a possible upside of 4.5% from the stock's current price. 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 stories about SBAC stock have been trending very positive on Tuesday, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. 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 media sentiment score of 3.2 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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 retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%), CHURCHILL MANAGEMENT Corp (0.03%), Gulf International Bank UK Ltd (0.02%), Nisa Investment Advisors LLC (0.02%), DNB Asset Management AS (0.01%) and Tealwood Asset Management 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 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 Gulf International Bank UK Ltd, Nisa Investment Advisors LLC, CHURCHILL MANAGEMENT Corp, First Hawaiian Bank, State of Alaska Department of Revenue, DNB Asset Management AS, Louisiana State Employees Retirement System and Tealwood Asset Management 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, 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 institutional investors are buying SBA Communications stock?

SBAC stock was bought by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Virtu Financial LLC, Hotaling Investment Management LLC, Meeder Asset Management Inc., Legacy Financial Advisors Inc. and Gateway Investment Advisers LLC. 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 $172.09.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $19.61 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:  577 (Vote Outperform)
Underperform Votes:  474 (Vote Underperform)
Total Votes:  1,051
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 1/22/2019 by MarketBeat.com Staff

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