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

$265.09
-6.80 (-2.50 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$257.22
Now: $265.09
$268.44
50-Day Range
$244.83
MA: $265.74
$295.65
52-Week Range
$178.85
Now: $265.09
$309.85
Volume1.94 million shs
Average Volume684,339 shs
Market Capitalization$29.85 billion
P/E Ratio205.50
Dividend Yield0.54%
Beta0.63
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$2.01 billion
Cash Flow$7.32 per share
Book Value($32.57) per share

Profitability

Net Income$146.99 million

Miscellaneous

Employees1,347
Market Cap$29.85 billion
Next Earnings Date5/4/2020 (Estimated)
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 Thursday, February 20th. Shareholders of record on Tuesday, March 10th will be paid 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 0.70%. The ex-dividend date is Monday, March 9th. This is a boost from SBA Communications's previous quarterly dividend of $0.37. View SBA Communications' Dividend History.

How were SBA Communications' earnings last quarter?

SBA Communications Co. (NASDAQ:SBAC) posted its earnings results on Thursday, February, 20th. The technology company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $2.04 by $1.45. The technology company had revenue of $513.66 million for the quarter, compared to the consensus estimate of $506.66 million. SBA Communications had a net margin of 7.30% and a negative return on equity of 4.24%. The firm's revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.50 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, May 4th 2020. View Earnings Estimates for SBA Communications.

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 earnings per share (EPS) guidance of $9.07 to $9.47 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 1-year target prices for SBA Communications' shares. Their forecasts range from $236.00 to $338.00. On average, they expect SBA Communications' share price to reach $282.58 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets for SBA Communications.

What is the consensus analysts' recommendation for SBA Communications?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 7 hold ratings and 5 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 articles about SBAC stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing 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 -4.0 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for SBA Communications.

Are investors shorting SBA Communications?

SBA Communications saw a increase in short interest in the month of 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 daily trading volume, of 599,900 shares, the days-to-cover ratio is presently 3.1 days. Currently, 1.7% of the company's stock 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 NVIDIA (NVDA), Cisco Systems (CSCO), American Tower (AMT), AT&T (T), Xilinx (XLNX), Micron Technology (MU), CROWN CASTLE IN/SH SH (CCI), Walt Disney (DIS), Home Depot (HD) and UnitedHealth Group (UNH).

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 retail and institutional investors. Top institutional investors include State Street Corp (4.54%), Principal Financial Group Inc. (2.63%), Cohen & Steers Inc. (2.56%), Capital Research Global Investors (2.01%), Franklin Resources Inc. (1.81%) and Geode Capital Management LLC (1.67%). 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., Alliancebernstein L.P., Renaissance Technologies LLC, Daiwa Securities Group Inc., Goldman Sachs Group Inc. and CIBC Private Wealth Group 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, 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 $265.09.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $29.85 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 1,347 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:  676 (Vote Outperform)
Underperform Votes:  582 (Vote Underperform)
Total Votes:  1,258
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 2/29/2020 by MarketBeat.com Staff

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