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

$252.74
-0.41 (-0.16 %)
(As of 01/28/2020 08:41 AM ET)
Today's Range
$250.02
Now: $252.74
$253.56
50-Day Range
$227.56
MA: $242.93
$255.01
52-Week Range
$175.17
Now: $252.74
$270.42
Volume482,337 shs
Average Volume514,904 shs
Market Capitalization$28.46 billion
P/E Ratio210.62
Dividend Yield0.58%
Beta0.6
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$1.87 billion
Cash Flow$6.80 per share
Book Value($30.03) per share

Profitability

Net Income$47.45 million

Miscellaneous

Employees1,347
Market Cap$28.46 billion
Next Earnings Date2/20/2020 (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 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 dividend yield of 0.59%. The ex-dividend date is Wednesday, November 20th. View SBA Communications' Dividend History.

How will SBA Communications' stock buyback program work?

SBA Communications declared that its board has initiated a stock repurchase program on Tuesday, February 27th 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually 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) released its quarterly earnings results on Monday, October, 28th. The technology company reported $0.19 EPS for the quarter, missing the consensus estimate 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. SBA Communications had a negative return on equity of 4.16% and a net margin of 6.89%. SBA Communications's revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.92 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 20th 2020. View Earnings Estimates for SBA Communications.

What price target have analysts set for SBAC?

11 equities research analysts have issued 12 month price targets for SBA Communications' stock. Their forecasts range from $185.00 to $292.00. On average, they expect SBA Communications' share price to reach $251.18 in the next year. This suggests that the stock has a possible downside of 0.6%. 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?

Media headlines about SBAC stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SBA Communications earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the near term. View News Stories for SBA Communications.

Are investors shorting SBA Communications?

SBA Communications saw a decline in short interest in January. As of January 15th, there was short interest totalling 1,530,000 shares, a decline of 14.0% from the December 31st total of 1,780,000 shares. Based on an average daily trading volume, of 608,300 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.4% of the company's stock 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), Walt Disney (DIS), Home Depot (HD), CA (CA), Micron Technology (MU), CROWN CASTLE IN/SH SH (CCI) and Mastercard (MA).

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 Manning & Napier Group LLC (0.35%), California Public Employees Retirement System (0.24%), New York State Teachers Retirement System (0.16%), State of Alaska Department of Revenue (0.04%), Nisa Investment Advisors LLC (0.04%) and Strs Ohio (0.03%). 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 institutional investors are selling SBA Communications stock?

SBAC stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Tuttle Tactical Management, Manning & Napier Group LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Zeke Capital Advisors LLC, IFM Investors Pty Ltd, CHURCHILL MANAGEMENT Corp 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, 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 institutional 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, California Public Employees Retirement System, Nisa Investment Advisors LLC, Wealthfront Advisers LLC, Dupont Capital Management Corp, DNB Asset Management AS, Campbell & CO Investment Adviser LLC and Brasada Capital Management 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, Robinhood, Fidelity and Charles Schwab.

What is SBA Communications' stock price today?

One share of SBAC stock can currently be purchased for approximately $252.74.

How big of a company is SBA Communications?

SBA Communications has a market capitalization of $28.46 billion and generates $1.87 billion in revenue each year. The technology company earns $47.45 million in net income (profit) each year or $7.60 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:  664 (Vote Outperform)
Underperform Votes:  572 (Vote Underperform)
Total Votes:  1,236
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 1/28/2020 by MarketBeat.com Staff

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