Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis → Prepare for a recession unlike any other (From American Hartford Gold Group) (Ad) Free SBAC Stock Alerts $199.00 +0.70 (+0.35%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$195.19▼$199.9750-Day Range$195.06▼$223.7552-Week Range$185.23▼$263.08Volume808,784 shsAverage Volume829,376 shsMarket Capitalization$21.51 billionP/E Ratio43.17Dividend Yield1.97%Price Target$268.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get SBA Communications alerts: Email Address SBA Communications MarketRank™ Stock AnalysisAnalyst RatingBuy3.09 Rating ScoreUpside/Downside34.7% Upside$268.00 Price TargetShort InterestHealthy2.54% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.61Based on 8 Articles This WeekInsider TradingSelling Shares$430,966 Sold Last QuarterProj. Earnings Growth0.63%From $12.61 to $12.69 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.4.82 out of 5 starsFinance Sector77th out of 847 stocksReal Estate Investment Trusts Industry16th out of 178 stocks 3.5 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 only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.54% 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 19.30%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.99%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSBA Communications has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of SBA Communications is 85.03%. 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 30.89% next year. This indicates that SBA Communications will be able to sustain or increase its 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 2.6 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.61. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for SBA Communications this week, compared to 6 articles on an average week.Search InterestOnly 7 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days. Previous Next 2.5 Company Ownership 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 $430,966.00 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to grow by 0.63% in the coming year, from $12.61 to $12.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 43.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 149.35.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 43.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.65.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 1.21. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupPrepare for a recession unlike any otherThese 42 powerful nations just launched the first-ever “Anti-Dollar Alliance”… And together, they plan to KILL the greenback and DETHRONE America once and for all. 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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 HeadlinesMarch 25, 2024 | marketbeat.comAI’s “Hidden” Dividends (3 Payers With Payouts Soaring 88%+)April 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 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 22, 2024 | americanbankingnews.comSBA Communications (SBAC) Set to Announce Quarterly Earnings on MondayApril 18, 2024 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Price Target Cut to $255.00 by Analysts at BarclaysApril 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 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 1, 2024 | msn.comWells Fargo's high-conviction tactical longs and shorts for Q2March 30, 2024 | benzinga.com(SBAC) - Analyzing SBA Comms's Short InterestMarch 25, 2024 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on SBA Communications (SBAC)March 21, 2024 | nasdaq.comSBAC Quantitative Stock AnalysisMarch 17, 2024 | ca.finance.yahoo.comSBAC Apr 2024 290.000 callMarch 16, 2024 | finance.yahoo.comSBAC Apr 2024 210.000 callMarch 16, 2024 | finance.yahoo.comSBAC Apr 2024 190.000 putMarch 12, 2024 | finance.yahoo.comSBA Communications Corporation (SBAC)March 12, 2024 | investorplace.com3 Real Estate Stocks to Buy as Hedge Funds Pile inMarch 12, 2024 | finance.yahoo.com‘Time to Hit Buy,’ Says Bank of America About These 3 StocksMarch 9, 2024 | finance.yahoo.comDirector Mary Chan Sells Shares of SBA Communications Corp (SBAC)March 7, 2024 | realmoney.thestreet.comSBA Communications just upgraded at BofA, here's whyMarch 7, 2024 | finance.yahoo.comSBAC Stock: Ignore Site Development Issues; Look at Site LeasingMarch 6, 2024 | markets.businessinsider.comAnalysts Conflicted on These Real Estate Names: SBA Communications (SBAC) and Gaming and Leisure (GLPI)March 4, 2024 | seekingalpha.comSBA Communications Q4 2023 UpdateMarch 3, 2024 | msn.comSBA Communications (SBAC) Declares $0.98 DividendFebruary 29, 2024 | finance.yahoo.comDecoding SBA Communications Corp (SBAC): A Strategic SWOT InsightFebruary 28, 2024 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q4 2023 Earnings Call TranscriptSee 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 Last Earnings2/26/2024Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Today4/25/2024Next Earnings (Confirmed)4/29/2024Fiscal 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$268.00 High Stock Price Target$327.00 Low Stock Price Target$227.00 Potential Upside/Downside+34.7%Consensus RatingBuy Rating Score (0-4)3.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.61 Trailing P/E Ratio43.17 Forward P/E Ratio15.78 P/E Growth1.21Net Income$501.81 million Net Margins18.51% Pretax Margin20.23% Return on Equity-9.70% Return on Assets4.82% Debt Debt-to-Equity RatioN/A Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$2.71 billion Price / Sales7.93 Cash Flow$13.04 per share Price / Cash Flow15.26 Book Value($47.86) per share Price / Book-4.16Miscellaneous Outstanding Shares108,110,000Free Float106,704,000Market Cap$21.51 billion OptionableOptionable Beta0.56 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Brendan Thomas Cavanagh CPA (Age 52)CEO, President & Director Comp: $1.69MMr. Steven E. Bernstein II (Age 63)Founder & Director Comp: $219.58kMr. Jason V. Silberstein (Age 55)Executive Vice President of Site Leasing Comp: $1.43MMr. Marc R. Montagner (Age 62)Executive VP & CFO Mr. Mark R. Ciarfella (Age 58)Executive Vice President of Operations Mr. Brian D. Lazarus CPA (Age 52)Senior VP & Chief Accounting Officer Mr. Elvis T. ClemetsonSenior VP & Chief Information OfficerMr. Joshua Koenig (Age 43)Executive Vice President, Chief Administrative Officer & General Counsel Ms. Michelle Eisner (Age 63)Senior VP & Chief Human Resources Officer Mr. Neil H. Seidman (Age 57)Senior Vice President of Mergers and Acquisitions More ExecutivesKey CompetitorsAlexandria Real Estate EquitiesNYSE:AREIron MountainNYSE:IRMEquity ResidentialNYSE:EQRVentasNYSE:VTRAvalonBay CommunitiesNYSE:AVBView All CompetitorsInsiders & InstitutionsAssenagon Asset Management S.A.Bought 344 shares on 4/24/2024Ownership: 0.004%V Square Quantitative Management LLCBought 431 shares on 4/24/2024Ownership: 0.003%Louisiana State Employees Retirement SystemSold 200 shares on 4/23/2024Ownership: 0.006%New Mexico Educational Retirement BoardSold 200 shares on 4/23/2024Ownership: 0.005%Summit Trail Advisors LLCBought 125 shares on 4/23/2024Ownership: 0.005%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 recent quarters, indicating a strong financial performance. The company has increased its dividend payout, providing investors with a steady income stream. Positive analyst ratings and target price upgrades suggest a favorable outlook for the company's stock. Ownership by institutional investors like State Street Corp and JPMorgan Chase & Co. indicates confidence in the company's future prospects. With a diversified portfolio of over 39,000 communications sites, SBA Communications has a strong presence in key markets, enhancing its growth potential. Cons Investors should be bearish about investing in SBA Communications Co. for these reasons: Recent revenue figures slightly below analyst expectations may raise concerns about the company's growth trajectory. The stock's current dividend yield of 1.84% may be lower compared to other investment opportunities in the market. Fluctuations in the stock price and market volatility could pose risks to short-term investors. Director Mary S. Chan's significant selling of company stock may signal insider sentiment that could impact investor confidence. Analysts' target price adjustments, such as BMO Capital Markets dropping their target price, could indicate potential challenges ahead for the stock. 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, April 13, 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 research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last twelve months. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 12-month target prices for SBA Communications' stock. Their SBAC share price targets range from $227.00 to $327.00. On average, they expect the company's stock price to reach $268.00 in the next twelve months. This suggests a possible upside of 34.7% 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 shares have decreased by 21.6% and is now trading at $199.00. 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, April 29th 2024. View our SBAC earnings forecast. How can I listen to SBA Communications' earnings call? SBA Communications will be holding an earnings conference call on Monday, April 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-207-1041 with passcode "4541116". How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) announced its earnings results on Monday, February, 26th. The technology company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.37 by $0.36. The technology company earned $675 million during the quarter, compared to the consensus estimate of $682.11 million. SBA Communications had a negative trailing twelve-month return on equity of 9.70% and a net margin of 18.51%. SBA Communications's revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the previous year, the firm earned $3.11 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, February 26th. Investors of record on Thursday, March 14th will be paid a dividend of $0.98 per share on Thursday, March 28th. This represents a $3.92 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a boost from the stock's previous quarterly dividend of $0.85. 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 1.99%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 85.03%. 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 30.89% 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 Fidelity Real Estate Investment ETF (FPRO), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT), Pacer Data & Infrastructure Real Estate ETF (SRVR), IQ CBRE NextGen Real Estate ETF (ROOF), WisdomTree New Economy Real Estate Fund (WTRE), Global X Data Center & Digital Infrastructure ETF (VPN), Principal Real Estate Active Opportunities ETF (BYRE) and JPMorgan Realty Income ETF (JPRE). What guidance has SBA Communications issued on next quarter's earnings? SBA Communications updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (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 $2.8 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 many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), Los Angeles Capital Management LLC (0.13%), Maryland State Retirement & Pension System (0.09%), Raymond James & Associates (0.09%) and State of Alaska Department of Revenue (0.06%). Insiders that own company stock include Brendan Thomas Cavanagh, Brian D Lazarus, Brian D Lazarus, Duncan Cocroft, Fidelma Russo, George R Krouse Jr, 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 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyPrepare for a recession unlike any otherAmerican Hartford Gold GroupWill this $2 AI stock double overnight?Behind the MarketsRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority Gold Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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