Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free SBAC Stock Alerts $195.96 -1.05 (-0.53%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$194.95▼$198.1150-Day Range$186.12▼$218.6052-Week Range$183.64▼$258.76Volume596,314 shsAverage Volume799,145 shsMarket Capitalization$21.05 billionP/E Ratio38.42Dividend Yield2.00%Price Target$252.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get SBA Communications alerts: Email Address SBA Communications MarketRank™ Stock AnalysisAnalyst RatingBuy3.09 Rating ScoreUpside/Downside28.7% Upside$252.17 Price TargetShort InterestHealthy1.94% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment1.43Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.56%From $12.52 to $12.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.96 out of 5 starsFinance Sector22nd out of 871 stocksReal Estate Investment Trusts Industry1st out of 175 stocks 4.5 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Buy. The company's average rating score is 3.09, and is based on 10 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSBA Communications has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about SBA Communications' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.94% of the float of SBA Communications has been sold short.Short Interest Ratio / Days to CoverSBA Communications has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SBA Communications has recently increased by 8.42%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 2.00%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SBA Communications is 76.86%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, SBA Communications will have a dividend payout ratio of 31.49% next year. This indicates that SBA Communications will be able to sustain or increase its dividend.Read more about SBA Communications' dividend. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSBA Communications has received a 49.62% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Rural area cellular networks", "Urban area cellular networks", and "Mobile consumer internet provision" products. See details.Environmental SustainabilityThe Environmental Impact score for SBA Communications is -1.23. Previous Next 3.6 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.87 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for SBA Communications this week, compared to 7 articles on an average week.Search InterestOnly 4 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.MarketBeat Follows10 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SBA Communications insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.30% of the stock of SBA Communications is held by insiders.Percentage Held by Institutions97.35% of the stock of SBA Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about SBA Communications' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to decrease by -0.56% in the coming year, from $12.52 to $12.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 38.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.49.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 38.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.48.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.Read more about SBA Communications' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!The perfect storm is brewing to drive gold's price through the roof! And our weakening dollars are causing demand from Central Banks and billionaires to EXPLODE! The elites are buying up gold like nothing we've seen before… Click here now to download the free Precious Metals Buying Guide. About SBA Communications Stock (NASDAQ:SBAC)SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization.Read More SBAC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBAC Stock News HeadlinesJune 12 at 2:22 AM | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Upgraded to "Buy" at StockNews.comJune 4, 2024 | insidermonkey.comDoes SBA Communications Corporation (SBAC) Face Near-Term Challenges?May 28, 2024 | msn.comAt 5-Year Lows, Is SBAC Stock (NASDAQ:SBAC) Worth Buying?May 6, 2024 | businesswire.comSBA Communications Corporation to Speak at The JP Morgan 52nd Annual Global Technology, Media and Communications ConferenceMay 1, 2024 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q1 2024 Earnings Call TranscriptMay 1, 2024 | seekingalpha.comSBA Communications: Value Investors Having The Last LaughApril 30, 2024 | markets.businessinsider.comSBA Communications: Resilience Amid Fluctuations Justifies Buy RatingApril 30, 2024 | businesswire.comSBA Communications Corporation to Speak at the MoffettNathanson 2024 Media and Communications ConferenceApril 30, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: SBA Communications (SBAC), Pebblebrook Hotel (PEB) and Equity Lifestyle (ELS)April 30, 2024 | finance.yahoo.comSBA Communications Corp (SBAC) Q1 2024 Earnings Call Transcript Highlights: Navigating Currency ...April 29, 2024 | msn.comStocks Climb on Q1 Earnings OptimismApril 29, 2024 | markets.businessinsider.comBuy Rating Affirmed for SBA Communications Amid Anticipated Growth in Domestic Tower BusinessApril 29, 2024 | sfgate.comSBA Communications: Q1 Earnings SnapshotApril 29, 2024 | msn.comSBA Communications declares CAD 0.98 dividendApril 29, 2024 | finance.yahoo.comSBA Communications Corp (SBAC) Surpasses Earnings Estimates in Q1 2024, Boosts DividendApril 29, 2024 | businesswire.comSBA Communications Corporation Reports First Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash DividendApril 29, 2024 | theglobeandmail.comStrong Q1 Earnings and Lower Bond Yields Boost StocksApril 29, 2024 | markets.businessinsider.comSBA Communications REIT (A) earnings: here's what to expectApril 26, 2024 | markets.businessinsider.comGaming and Leisure Properties earnings preview: what to expectApril 23, 2024 | finance.yahoo.comNvidia will soar 21% to $1,000 as its new AI chip slams would-be rivals, Morgan Stanley says. It’s among 10 stocks set to surgeApril 17, 2024 | msn.comSBA Communications (NASDAQ:SBAC) Stock: A Compelling Tower REIT Stock with Analysts’ BackingApril 15, 2024 | seekingalpha.comSBA Communications Q4: A Dividend Growth Machine For Your Income PortfolioApril 8, 2024 | businesswire.comSBA Communications Corporation Sets Date for First Quarter 2024 Earnings ReleaseApril 1, 2024 | msn.comWells Fargo's high-conviction tactical longs and shorts for Q2March 30, 2024 | benzinga.com(SBAC) - Analyzing SBA Comms's Short InterestSee More Headlines Receive SBAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SBA Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Last Earnings4/29/2024Ex-Dividend for 6/19 Dividend5/22/2024Today6/15/2024Dividend Payable6/19/2024Next Earnings (Estimated)7/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryWireless Telecommunication Services Current SymbolNASDAQ:SBAC CUSIP78388J10 CIK1034054 Webwww.sbasite.com Phone(561) 995-7670Fax561-995-7626Employees1,787Year Founded1989Price Target and Rating Average Stock Price Target$252.17 High Stock Price Target$315.00 Low Stock Price Target$227.00 Potential Upside/Downside+28.7%Consensus RatingBuy Rating Score (0-4)3.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$5.10 Trailing P/E Ratio38.42 Forward P/E Ratio15.65 P/E Growth0.63Net Income$501.81 million Net Margins20.61% Pretax Margin21.38% Return on Equity-10.75% Return on Assets5.40% Debt Debt-to-Equity RatioN/A Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$2.69 billion Price / Sales7.82 Cash Flow$12.82 per share Price / Cash Flow15.28 Book Value($47.86) per share Price / Book-4.09Miscellaneous Outstanding Shares107,443,000Free Float106,046,000Market Cap$21.05 billion OptionableOptionable Beta0.65 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Brendan Thomas Cavanagh CPA (Age 52)CEO, President & Director Comp: $1.61MMr. Steven E. Bernstein II (Age 63)Founder & Independent Director Comp: $242.03kMr. Mark R. Ciarfella (Age 58)Executive Vice President of Operations Comp: $1.03MMr. Jason V. Silberstein (Age 55)Executive Vice President of Site Leasing Comp: $1.21MMr. Richard M. Cane (Age 59)Executive VP & President International Comp: $1.04MMr. Marc R. Montagner (Age 62)Executive VP & CFO Mr. Brian D. Lazarus CPA (Age 52)Senior VP & Chief Accounting Officer Mr. Elvis T. Clemetson (Age 50)Senior VP & Chief Information Officer Mr. Joshua M. Koenig (Age 44)Executive Vice President, Chief Administrative Officer & General Counsel Ms. Michelle Eisner (Age 63)Senior VP & Chief Human Resources Officer More ExecutivesKey CompetitorsCrown CastleNYSE:CCIUnited States CellularNYSE:USMTelephone and Data SystemsNYSE:TDSBlackBerryNYSE:BBShenandoah TelecommunicationsNASDAQ:SHENView All CompetitorsInsiders & InstitutionsLasalle Investment Management Securities LLCSold 2,431 shares on 6/14/2024Ownership: 0.028%Clear Rock Advisors LLCBought 453 shares on 6/10/2024Ownership: 0.007%DekaBank Deutsche GirozentraleBought 453 shares on 6/4/2024Ownership: 0.022%Teachers Retirement System of The State of KentuckySold 501 shares on 5/28/2024Ownership: 0.008%Cetera Advisors LLCBought 492 shares on 5/24/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions Should I Buy SBA Communications Stock? SBAC Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in SBA Communications Co.: SBA Communications Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company has a solid debt-to-equity ratio of 0.92, showcasing a healthy balance sheet and financial stability. Recent insider transactions indicate confidence in the company's future prospects, with insiders buying shares at current prices. Analysts have a positive outlook on SBA Communications Co., with a consensus rating of "Hold" and a consensus price target of $213.06. SBA Communications Co. has a strong market position and growth potential in the telecommunications infrastructure sector, which is a promising industry for future expansion. Cons Investors should be bearish about investing in SBA Communications Co. for these reasons: The current stock price of SBA Communications Co. may be overvalued based on its financial metrics and industry comparisons, potentially leading to limited short-term gains. While the company has shown revenue growth, its profit margins may be under pressure due to increasing competition and operating costs. SBA Communications Co. operates in a highly competitive market, which could pose challenges for sustained growth and profitability in the long term. Fluctuations in interest rates could impact the company's borrowing costs and financial performance, affecting investor returns. Investing in SBA Communications Co. involves exposure to regulatory risks in the telecommunications sector, which could lead to uncertainties and volatility in the stock price. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these SBA Communications pros and cons to contact@marketbeat.com. SBAC Stock Analysis - Frequently Asked Questions Should I buy or sell SBA Communications stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SBAC shares. View SBAC analyst ratings or view top-rated stocks. What is SBA Communications' stock price target for 2024? 11 analysts have issued twelve-month price targets for SBA Communications' shares. Their SBAC share price targets range from $227.00 to $315.00. On average, they expect the company's share price to reach $252.17 in the next year. This suggests a possible upside of 28.7% from the stock's current price. View analysts price targets for SBAC or view top-rated stocks among Wall Street analysts. How have SBAC shares performed in 2024? SBA Communications' stock was trading at $253.69 at the start of the year. Since then, SBAC stock has decreased by 22.8% and is now trading at $195.96. View the best growth stocks for 2024 here. When is SBA Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) posted its earnings results on Monday, April, 29th. The technology company reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.21. The technology company earned $657.86 million during the quarter, compared to analysts' expectations of $671.08 million. SBA Communications had a negative trailing twelve-month return on equity of 10.75% and a net margin of 20.61%. The firm's quarterly revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.13 earnings per share. Read the conference call transcript. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications declared a quarterly dividend on Monday, April 29th. Investors of record on Thursday, May 23rd will be given a dividend of $0.98 per share on Wednesday, June 19th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, May 22nd. Read our dividend analysis for SBAC. Is SBA Communications a good dividend stock? SBA Communications (NASDAQ:SBAC) pays an annual dividend of $3.92 per share and currently has a dividend yield of 2.00%. The dividend payout ratio is 76.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SBAC will have a dividend payout ratio of 31.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBAC. What ETFs hold SBA Communications' stock? ETFs with the largest weight of SBA Communications (NASDAQ:SBAC) stock in their portfolio include Principal Real Estate Active Opportunities ETF (BYRE), Fidelity Real Estate Investment ETF (FPRO), JPMorgan Realty Income ETF (JPRE), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT), Pacer Data & Infrastructure Real Estate ETF (SRVR), Global X Data Center & Digital Infrastructure ETF (VPN), IQ CBRE NextGen Real Estate ETF (ROOF) and WisdomTree New Economy Real Estate Fund (WTRE). What guidance has SBA Communications issued on next quarter's earnings? SBA Communications issued an update on its FY 2024 earnings guidance on Monday, April, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion. What is Jeffrey A. Stoops' approval rating as SBA Communications' CEO? 247 employees have rated SBA Communications Chief Executive Officer Jeffrey A. Stoops on Glassdoor.com. Jeffrey A. Stoops has an approval rating of 99% among the company's employees. This puts Jeffrey A. Stoops in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), American Tower (AMT), Crown Castle (CCI), Micron Technology (MU), Walt Disney (DIS), AT&T (T), QUALCOMM (QCOM) and Johnson & Johnson (JNJ). Who are SBA Communications' major shareholders? SBA Communications' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.07%), Principal Financial Group Inc. (3.98%), Price T Rowe Associates Inc. MD (0.92%), Bank of New York Mellon Corp (0.66%), Earnest Partners LLC (0.65%) and Canada Pension Plan Investment Board (0.44%). Insiders that own company stock include Brendan Thomas Cavanagh, Brian D Lazarus, Brian D Lazarus, Duncan Cocroft, George R Krouse Jr, Jason V Silberstein, Jeffrey Stoops, Joshua Koenig, Kevin L Beebe, Kurt L Bagwell, Mark R Ciarfella, Mark R Ciarfella, Mary S Chan, Steven E Bernstein and Thomas P Hunt. View institutional ownership trends. How do I buy shares of SBA Communications? Shares of SBAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does SBA Communications have any subsidiaries? The following companies are subsidiares of SBA Communications: AAT Communications Corporation, Bay Communications, Communication Site Services Inc., Light Tower Wireless LLC, Optasite Holding Company Inc, SBA 2012 TC Assets LLC, SBA Guarantor LLC, SBA Infrastructure LLC, SBA Monarch Towers I LLC, SBA Network Management Inc., SBA New Builds LLC, SBA Properties LLC, SBA Puerto Rico LLC, SBA Senior Finance II LLC, SBA Senior Finance LLC, SBA Site Management LLC, SBA Sites LCC, SBA Structures LCC, SBA Telecommunications LLC, SBA Torres Brasil LTDA, SBA Torres Panama S.A., SBA Towers II LLC, SBA Towers III LLC, SBA Towers IV LLC, SBA Towers IX LLC, SBA Towers LLC, SBA Towers V LLC, and SBA Towers VII LLC.Read More This page (NASDAQ:SBAC) was last updated on 6/15/2024 by MarketBeat.com Staff From Our PartnersGold Set to EXPLODE!The perfect storm is brewing to drive gold's price through the roof! And our weakening dollars are causing ...Gold Safe Exchange | SponsoredHurry! 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