SBA Communications/SBAC

$199.60

-1.11%
-
1D1W1MYTD1YMAX

About SBA Communications

SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. The Company’s primary focus is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts in the United States, South America, Central America, Canada, South Africa, the Philippines, and Tanzania. It operates through two segments: Domestic Site Leasing and International Site Leasing. Domestic Site Leasing segment leases to T-Mobile, AT&T Wireless, Verizon Wireless, and DISH Wireless. The segment owns approximately 17,487 sites in the United States and its territories. The International Site Leasing segment owns and operates approximately 22,131 towers in 14 international markets throughout South America, Central America, Canada, South Africa, the Philippines, and Tanzania.

Ticker

SBAC

Sector

Real Estate

Trading on

NASDAQ

Industry

Rental & Leasing

CEO

Brendan Cavanagh

Employees

1,787

Headquarters

Boca raton, United States

Website

-

SBAC Metrics

BasicAdvanced
$21.82B
Market cap
43.80
P/E ratio
$4.61
EPS
0.56
Beta
$3.40
Dividend rate
1.94%
Dividend yield
$21.82B
0.56417
$266.77
$185.23
1.05M
$3.40
0.355
73.85%
55.958
2.54%
4.79%
5.34%
43.8
8.047
23.27
0.77%
1.68%
1.94%
2.97%
9.27%
9.19%
178.88%
22.27%

What the Analysts think about SBAC

Analyst Ratings

Majority rating from 17 analysts.
Buy

Price Targets

Average projection from 14 analysts.
32.44% upside
High $304.00
Low $225.00
$199.60
Current price
$264.36
Average price target

SBAC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
16.22% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$675M
-1.1%
Net income
$109.5M
25.29%
Profit margin
16.22%
26.72%

SBAC Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 26.36%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.93
$1.87
$0.80
$1.01
-
Expected
$1.21
$1.22
$1.19
$1.37
$1.21
Surprise
-23.06%
53.54%
-32.77%
-26.36%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for SBA Communications stock?

SBA Communications (SBAC) has a market cap of $21.82B as of April 15, 2024.

What is the P/E ratio for SBA Communications stock?

The price to earnings (P/E) ratio for SBA Communications (SBAC) stock is 43.8 as of April 15, 2024.

Does SBA Communications stock pay dividends?

Yes, the SBA Communications (SBAC) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $3.4 and the yield is 1.94%. SBA Communications has a payout ratio of 73.85% on a trailing twelve-month basis.

When is the next SBA Communications dividend payment date?

The next SBA Communications (SBAC) dividend payment date is unconfirmed.

What is the beta indicator for SBA Communications?

SBA Communications (SBAC) has a beta rating of 0.56. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the SBA Communications stock price target?

The target price for SBA Communications (SBAC) stock is $264.36, which is 32.44% above the current price of $199.6. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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