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SBA Communications Corporation (SBAC)
NASDAQ:SBAC
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SBAC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$183.64 - $258.76
Previous Close$239.47
Volume1.18M
Average Volume (3M)869.93K
Market Cap
$25.74B
Enterprise Value$37.84B
Total Cash (Recent Filing)$220.51M
Total Debt (Recent Filing)$12.28B
Price to Earnings (P/E)50.5
Beta0.90
Next Earnings
Oct 28, 2024EPS Estimate
$2.26Last Dividend Ex-Date
Aug 22, 2024Dividend Yield1.58%
Share Statistics
EPS (TTM)4.75
Shares Outstanding107,472,463
10 Day Avg. Volume813,873
30 Day Avg. Volume869,935
Standard Deviation0.08
R-Squared0.20
Alpha-0.00687
Financial Highlights & Ratios
Price to Book (P/B)-4.84
Price to Sales (P/S)9.62
Price to Cash Flow (P/CF)15.10
P/FCF Ratio17.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.14
Enterprise Value/Gross Profit18.03
Enterprise Value/Ebitda41.12
Forecast
1Y Price Target
$244.14Price Target Upside1.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
SBA Communications News
Bulls Say, Bears Say
Bulls Say
Growth ProfileSBA Communications has the best long-term growth profile among the towers and is the tower company best positioned to benefit from lower rates.
Leasing PerformanceU.S. leasing topped expectations with SBA Communications lifting its international leasing outlook on increased activity.
ValuationSBAC is trading at the steepest discount to its historical multiple, providing a supportive valuation.
Bears Say
EarningsDomestic carrier activity remains subdued, which limits near-term catalysts for the stock.
Financial PerformanceSBAC's debt refinancing headwind, combined with Sprint churn, is expected to hinder growth.
GuidanceSBAC lowered its 2024 guidance ranges to account for unfavorable FX rates as well as lower site development revenue.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $258.76 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 Oct 28, 2024 which is in 34 days.
How were SBA Communications Corporation’s earnings last quarter?
SBA Communications Corporation released its earnings results on Jul 29, 2024. The company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $2.15 by -$0.64.
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 1.58%. See more information on SBA Communications Corporation dividends here
What is SBA Communications Corporation’s EPS estimate?
SBA Communications Corporation’s EPS estimate is $2.26.
How many shares outstanding does SBA Communications Corporation have?
SBA Communications Corporation has 107,472,466 shares outstanding.
What happened to SBA Communications Corporation’s price movement after its last earnings report?
SBA Communications Corporation reported an EPS of $1.51 in its last earnings report, missing expectations of $2.15. Following the earnings report the stock price went up 0.055%.
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 387M.
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SBA Communications Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$244.14 (1.95% Upside)
$244.14 (1.95% Upside)
Blogger Sentiment
Bullish
SBAC Sentiment 88%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 856.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $11.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.36%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-7.72%
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
Q2 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
$244.14
▲(1.95% Upside)
Technical Analysis
Best Analysts Covering SBAC
1 Year
1 Year Success Rate
27/41 ratings generated profit
1 Year Average Return
+11.05%
assigned a buy rating 2 months ago
Copying Jonathan Atkin's trades and holding each position for 1 Year would result in 65.85% of your transactions generating a profit, with an average return of +11.05% per trade.
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