NASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis $239.91 -2.06 (-0.85%) (As of 10/3/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About SBA Communications Stock (NASDAQ:SBAC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$237.62▼$241.5850-Day Range$212.91▼$245.0952-Week Range$183.64▼$258.76Volume880,570 shsAverage Volume919,625 shsMarket Capitalization$25.78 billionP/E Ratio47.04Dividend Yield1.63%Price Target$244.08Consensus RatingModerate Buy Company OverviewSBA 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… Seven “Forever Stocks” could enrich shareholders for decades (Ad)A few weeks ago, I asked my research team to investigate the top 10 best-performing stocks of the last 30 years. And the results will shock you!Seven Stocks to buy and Hold Forever SBA Communications Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks91st Percentile Overall ScoreSBAC MarketRank™: SBA Communications scored higher than 91% of companies evaluated by MarketBeat, and ranked 130th out of 955 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingSBA Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageSBA Communications has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about SBA Communications' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth-1.92% Earnings GrowthEarnings for SBA Communications are expected to decrease by -1.92% in the coming year, from $12.52 to $12.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 47.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.64.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 47.04, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 38.51.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued.Read more about SBA Communications' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.13% 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 2.6, 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 3.67%, indicating that investor sentiment is decreasing. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldSBA Communications pays a meaningful dividend of 1.64%, 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 31.92% next year. This indicates that SBA Communications will be able to sustain or increase its dividend.Read more about SBA Communications' dividend. Sustainability and ESG3.8 / 5Environmental Score-1.23 Percentage of Shares Shorted2.13% 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 2.6, 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 3.67%, indicating that investor sentiment is decreasing. News and Social Media3.4 / 5News Sentiment1.04 News SentimentSBA Communications has a news sentiment score of 1.04. 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 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for SBA Communications this week, compared to 7 articles on an average week.Search Interest4 people have searched for SBAC on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, SBA Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,483,981.00 in 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. SBAC Stock News HeadlinesDonald Day Sells 1,500 Shares of SBA Communications Co. (NASDAQ:SBAC) StockSeptember 19, 2024 | insidertrades.comGoldman Sachs Sees Potential in SBA Communications Corporation (SBAC): A Must-Consider for Infrastructure InvestorsOctober 2 at 9:50 AM | finance.yahoo.comThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.October 3, 2024 | Porter & Company (Ad)SBA Communications (SBAC): A Hold Rating Amidst Modest Growth and Cautious M&A StrategySeptember 27, 2024 | markets.businessinsider.comSBA Communications Co. (NASDAQ:SBAC) Receives $241.75 Average Target Price from AnalystsSeptember 27, 2024 | americanbankingnews.comIs SBA Communications Corporation (SBAC) the Best Real Estate Stock to Buy For Beginners?September 26, 2024 | msn.comSBA Communications (NASDAQ:SBAC) Price Target Raised to $240.00 at The Goldman Sachs GroupSeptember 26, 2024 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Price Target Increased to $250.00 by Analysts at JPMorgan Chase & Co.September 23, 2024 | americanbankingnews.comSee More Headlines SBAC Stock Analysis - Frequently Asked Questions How have SBAC shares performed this year? SBA Communications' stock was trading at $253.69 at the beginning of 2024. Since then, SBAC shares have decreased by 5.4% and is now trading at $239.91. View the best growth stocks for 2024 here. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) posted its earnings results on Monday, July, 29th. The technology company reported $1.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.07 by $0.56. The business's revenue for the quarter was down 2.7% compared to the same quarter last year. Read the conference call transcript. Does SBA Communications have any subsidiaries? The following companies are subsidiaries of SBA Communications: Bay Communications, Light Tower Wireless LLC, Optasite Holding Company Inc, AAT Communications Corporation, Communication Site Services Inc., SBA 2012 TC Assets LLC, SBA Guarantor LLC, and more. Who are SBA Communications' major shareholders? SBA Communications' top institutional shareholders include Czech National Bank (0.02%), SG Americas Securities LLC (0.02%), Park Avenue Securities LLC and Central Pacific Bank Trust Division. Insiders that own company stock include Jeffrey Stoops, Duncan Cocroft, Steven E Bernstein, Jason V Silberstein, Mark R Ciarfella, Kevin L Beebe, George R Krouse Jr, Brian D Lazarus, Joshua Koenig, Donald Day, Mary S Chan, Thomas P Hunt, Brendan Thomas Cavanagh and Kurt L Bagwell. 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. What other stocks do shareholders of SBA Communications own? Based on aggregate information from My MarketBeat watchlists, some other companies that SBA Communications investors own include Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), American Tower (AMT), Crown Castle (CCI), Micron Technology (MU) and Walt Disney (DIS). Company Calendar Last Earnings7/29/2024Ex-Dividend for 9/18 Dividend8/22/2024Dividend Payable9/18/2024Today10/03/2024Next Earnings (Estimated)11/07/2024Fiscal 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$244.08 High Stock Price Target$260.00 Low Stock Price Target$220.00 Potential Upside/Downside+1.7%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$5.10 Trailing P/E Ratio47.04 Forward P/E Ratio19.16 P/E Growth0.72Net Income$501.81 million Net Margins19.22% Pretax Margin20.56% Return on Equity-9.85% Return on Assets5.11% Debt Debt-to-Equity RatioN/A Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$2.71 billion Price / Sales9.51 Cash Flow$12.96 per share Price / Cash Flow18.51 Book Value($47.86) per share Price / Book-5.01Miscellaneous Outstanding Shares107,470,000Free Float106,046,000Market Cap$25.78 billion OptionableOptionable Beta0.67 Social Links This page (NASDAQ:SBAC) was last updated on 10/3/2024 by MarketBeat.com Staff From Our PartnersThe world’s smartest man is in their crosshairsElon Musk is one of mankind’s greatest innovators. 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