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

$294.61
+4.83 (+1.67 %)
(As of 02/17/2020 04:07 AM ET)
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Today's Range
$289.54
Now: $294.61
$294.77
50-Day Range
$237.45
MA: $250.88
$292.81
52-Week Range
$178.57
Now: $294.61
$294.77
Volume425,178 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio245.51
Dividend YieldN/A
BetaN/A
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 N/A
Sub-IndustryWireless Telecommunication Services
SectorN/A
Current SymbolNASDAQ:SBAC
CUSIP78388J10
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees1,347
Next Earnings Date2/20/2020 (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 announced a quarterly dividend on Friday, October 25th. Investors of record on Thursday, November 21st will be paid a dividend of $0.37 per share on Thursday, December 19th. This represents a $1.48 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Wednesday, November 20th. View SBA Communications' Dividend History.

How will SBA Communications' stock buyback program work?

SBA Communications declared that its Board of Directors has initiated a share buyback program on Tuesday, February 27th 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) posted its quarterly earnings results on Monday, October, 28th. The technology company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $1.97 by $1.78. The technology company earned $486.60 million during the quarter, compared to the consensus estimate of $497.48 million. The company's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.92 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 Thursday, February 20th 2020. 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 20th 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 price target have analysts set for SBAC?

11 equities research analysts have issued 1-year price targets for SBA Communications' stock. Their forecasts range from $185.00 to $292.00. On average, they anticipate SBA Communications' share price to reach $251.18 in the next year. This suggests that the stock has a possible downside of 14.7%. 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?

News stories about SBAC stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 1.8 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for SBA Communications.

Are investors shorting SBA Communications?

SBA Communications saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,840,000 shares, an increase of 20.3% from the January 15th total of 1,530,000 shares. Based on an average trading volume of 599,900 shares, the short-interest ratio is presently 3.1 days. Currently, 1.7% of the company's shares are sold short. 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 NVIDIA (NVDA), Cisco Systems (CSCO), American Tower (AMT), Xilinx (XLNX), Micron Technology (MU), Walt Disney (DIS), Home Depot (HD), AT&T (T), CA (CA) and CROWN CASTLE IN/SH SH (CCI).

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 a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.54%), Principal Financial Group Inc. (2.63%), Cohen & Steers Inc. (2.56%), Franklin Resources Inc. (1.81%), FMR LLC (1.38%) and Renaissance Technologies LLC (0.95%). 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 selling SBA Communications stock?

SBAC stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., FMR LLC, UBS Asset Management Americas Inc., Renaissance Technologies LLC, Daiwa Securities Group Inc., Goldman Sachs Group Inc., CIBC Private Wealth Group LLC and Principal Financial Group 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, Mary S Chan and Steven E Bernstein. View Insider Buying and Selling 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 Brookfield Public Securities Group LLC, State Street Corp, Ceredex Value Advisors LLC, USS Investment Management Ltd, Earnest Partners LLC, Massachusetts Financial Services Co. MA, Lasalle Investment Management Securities LLC and UBS Group AG. 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 $294.61.


MarketBeat Community Rating for SBA Communications (NASDAQ SBAC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  670 (Vote Outperform)
Underperform Votes:  578 (Vote Underperform)
Total Votes:  1,248
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 2/17/2020 by MarketBeat.com Staff

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