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SBA Communications Corporation (SBAC)
NASDAQ:SBAC
SBA Communications (SBAC) Stock Price & Analysis
790 Followers
SBAC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$183.64 - $257.61
Previous Close$199.38
Volume853.27K
Average Volume (3M)1.05M
Market Cap
$21.42B
Enterprise Value$33.57B
Total Cash (Recent Filing)$208.55M
Total Debt (Recent Filing)$12.32B
Price to Earnings (P/E)39.1
Beta1.11
Next Earnings
Jul 29, 2024EPS Estimate
$2.03Next Dividend Ex-Date
May 22, 2024Dividend Yield1.77%
Share Statistics
EPS (TTM)5.10
Shares Outstanding107,443,014
10 Day Avg. Volume881,384
30 Day Avg. Volume1,046,650
Standard Deviation0.08
R-Squared0.17
Alpha-0.00399
Financial Highlights & Ratios
Price to Book (P/B)-2.86
Price to Sales (P/S)7.90
Price to Cash Flow (P/CF)12.60
P/FCF Ratio12.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.38
Enterprise Value/Gross Profit13.05
Enterprise Value/Ebitda34.61
Forecast
1Y Price Target
$245.00Price Target Upside22.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
SBA Communications News
Bulls Say, Bears Say
Bulls Say
Dividend Increase And Financial StabilityThe company announced a 15% dividend increase and a decrease in leverage, signaling enhanced financial stability and a commitment to returning value to shareholders.
Earnings GrowthAnalysts expect the company to report earnings with potential upside to consensus estimates due to increased carrier activity, which could renew positive sentiment towards the Tower stock.
Share BuybacksDoor is Open for Accelerating Share Buybacks, which are not yet included in guidance, suggesting an unanticipated positive impact on earnings per share.
Bears Say
Company OutlookSubdued carrier spending and potential near-term headwinds pose challenges to growth.
Financial Performance2024 guidance for AFFOps was below expectations with international performance contributing to the shortfall.
Market ExpectationsAnalysts have lowered the SBA price target and reduced valuation multiples due to a lower growth and higher interest rate environment.
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Ownership Overview
14.00% Insiders
39.47% Mutual Funds
45.17% Other Institutional Investors
1.36% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SBAC FAQ
What was SBA Communications Corporation’s price range in the past 12 months?
SBA Communications Corporation lowest stock price was $183.64 and its highest was $257.61 in the past 12 months.
What is SBA Communications Corporation’s market cap?
Currently, no data Available
When is SBA Communications Corporation’s upcoming earnings report date?
SBA Communications Corporation’s upcoming earnings report date is Jul 29, 2024 which is in 71 days.
How were SBA Communications Corporation’s earnings last quarter?
SBA Communications Corporation released its earnings results on Apr 29, 2024. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.168 by $0.252.
Is SBA Communications Corporation overvalued?
According to Wall Street analysts SBA Communications Corporation’s price is currently Undervalued.
Does SBA Communications Corporation pay dividends?
SBA Communications Corporation pays a Quarterly dividend of $0.98 which represents an annual dividend yield of 1.77%. See more information on SBA Communications Corporation dividends here
What is SBA Communications Corporation’s EPS estimate?
SBA Communications Corporation’s EPS estimate is $2.03.
How many shares outstanding does SBA Communications Corporation have?
SBA Communications Corporation has 107,443,016 shares outstanding.
What happened to SBA Communications Corporation’s price movement after its last earnings report?
SBA Communications Corporation reported an EPS of $1.42 in its last earnings report, beating expectations of $1.168. Following the earnings report the stock price went down -7.811%.
Which hedge fund is a major shareholder of SBA Communications Corporation?
Among the largest hedge funds holding SBA Communications Corporation’s share is Diamond Hill Capital Management Inc. It holds SBA Communications Corporation’s shares valued at 377M.
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SBA Communications Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$245.00 (22.88% Upside)
$245.00 (22.88% Upside)
Blogger Sentiment
Bullish
SBAC Sentiment 87%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 202.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $170.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 11.3%
Last 30 Days ▲ 11.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.66%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-5.18%
Trailing 12-Months
Company Description
SBA Communications Corporation
SBA Communications Corporation is a real estate investment trust, which owns and operates wireless communications infrastructure including towers, indoor/outdoor distributed antenna systems, and small cells. The company primarily operates in North, Central, and South America and South Africa.
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SBAC Company Deck
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SBAC Earnings Call
Q1 2024
0:00 / 0:00
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SBAC Revenue Breakdown
68.10% Domestic Site Leasing
24.72% International site leasing
7.18% Site Development
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SBAC Stock 12 Month Forecast
Average Price Target
$245.00
▲(22.88% Upside)
Technical Analysis
Best Analysts Covering SBAC
1 Year
1 Year Success Rate
19/25 ratings generated profit
1 Year Average Return
+10.13%
reiterated a buy rating 9 months ago
Copying Ric Prentiss's trades and holding each position for 1 Year would result in 76.00% of your transactions generating a profit, with an average return of +10.13% per trade.
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