Top-Rated StocksTop-RatedNASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis → This consistently signaled gains of 453%... 610%... and even 1036%... (From Insiders Exposed) (Ad) Free SBAC Stock Alerts $218.08 +3.87 (+1.81%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$215.50▼$218.6950-Day Range$199.95▼$233.7952-Week Range$185.23▼$267.42Volume772,560 shsAverage Volume1.10 million shsMarket Capitalization$23.58 billionP/E Ratio47.31Dividend Yield1.80%Price Target$271.50 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 RatingBuy3.08 Rating ScoreUpside/Downside24.5% Upside$271.50 Price TargetShort InterestHealthy2.13% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.70Based on 5 Articles This WeekInsider TradingSelling Shares$430,966 Sold Last QuarterProj. Earnings Growth0.95%From $12.60 to $12.72 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.4.80 out of 5 starsFinance Sector67th out of 844 stocksReal Estate Investment Trusts Industry11th out of 176 stocks 2.5 Analyst's Opinion Consensus RatingSBA Communications has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $271.50, SBA Communications has a forecasted upside of 24.5% from its current price of $218.08.Amount of Analyst CoverageSBA Communications has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SBA Communications has recently decreased by 31.74%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 1.79%, 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 30.82% 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 2.1 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 0.70. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for SBA Communications this week, compared to 6 articles on an average week.Search InterestOnly 13 people have searched for SBAC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows8 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 1.60% 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 0.95% in the coming year, from $12.60 to $12.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 47.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.11.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 47.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.80.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 1.33. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTICBOE shift unlocks new weekend income strategyYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. You're probably wondering, “Okay… But how does that affect me?” This perk now allows everyday traders like yourself to target extra income over the weekend. Check out this training for the full story! About SBA Communications Stock (NASDAQ:SBAC)SBA 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 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%+)March 11, 2024 | insidertrades.comSBA Communications Co. (NASDAQ:SBAC) Director Mary S. Chan Sells 1,977 Shares of StockMarch 28, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 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 28, 2024 | Crypto 101 Media (Ad)Major Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.March 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 TranscriptFebruary 27, 2024 | finance.yahoo.comSBA Communications Corporation to Speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom ConferenceFebruary 27, 2024 | markets.businessinsider.comStrong Buy on SBA Communications: Strategic Growth and Financial Flexibility Signal Positive OutlookFebruary 27, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: SBA Communications (SBAC) and RLJ Lodging (RLJ)February 27, 2024 | businesswire.comSBA Communications Corporation to Speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom ConferenceFebruary 26, 2024 | markets.businessinsider.comSBA Communications Q4 Profit RisesFebruary 26, 2024 | msn.comSBA Communications raises quarterly dividend by 15.3% to CAD 0.98/shareFebruary 26, 2024 | msn.comSBA Communications FFO of $3.37 beats by $0.15, revenue of $675.02M misses by $7.24MSee 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 Dividend3/13/2024Today3/28/2024Dividend Payable3/28/2024Next Earnings (Estimated)5/06/2024Fiscal 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$271.50 High Stock Price Target$327.00 Low Stock Price Target$227.00 Potential Upside/Downside+24.5%Consensus RatingBuy Rating Score (0-4)3.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$4.61 Trailing P/E Ratio47.31 Forward P/E Ratio17.31 P/E Growth1.33Net 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 / Sales8.69 Cash Flow$12.88 per share Price / Cash Flow16.93 Book Value($47.86) per share Price / Book-4.56Miscellaneous Outstanding Shares108,110,000Free Float106,379,000Market Cap$23.58 billion OptionableOptionable Beta0.56 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 CompetitorsCrown CastleNYSE:CCIEquity ResidentialNYSE:EQRIron MountainNYSE:IRMAlexandria Real Estate EquitiesNYSE:AREAvalonBay CommunitiesNYSE:AVBView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 29,256 shares on 3/27/2024Ownership: 0.027%Quadrature Capital LtdSold 52,801 shares on 3/25/2024Ownership: 0.021%PNC Financial Services Group Inc.Bought 76 shares on 3/22/2024Ownership: 0.017%B. Riley Wealth Advisors Inc.Sold 252 shares on 3/15/2024Ownership: 0.001%Leo Wealth LLCBought 43,054 shares on 3/14/2024Ownership: 0.040%View All Insider TransactionsView All Institutional Transactions Should I Buy SBA Communications Stock? SBAC Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of SBA Communications was last updated on Tuesday, March 26, 2024 at 11:07 PM. Pros Here are some ways that investors could benefit from investing in SBA Communications Co.: SBA Communications Co. has a strong market capitalization of $23.24 billion, indicating stability and potential for growth. The company's diversified portfolio of more than 39,000 communications sites across multiple continents provides a wide geographic reach and revenue streams. Recent institutional investments in SBA Communications Co., such as Sei Investments Co. increasing its holdings by 17.0%, signal confidence from large investors. SBA Communications Co. operates in the Real Estate Investment Trusts (REITs) industry, known for stable dividends and tax advantages for investors. Despite a recent dip in earnings per share, the company's strong net margin of 18.51% indicates efficient operations and profit generation. Cons Investors should be bearish about investing in SBA Communications Co. for these reasons: The company's recent earnings report showed a lower-than-expected earnings per share, which may raise concerns about future profitability. SBA Communications Co.'s stock price has experienced fluctuations, with a 52-week high of $267.42 and a 52-week low of $185.23, indicating volatility in the market. Wireless Telecommunication Services, the subindustry SBA Communications Co. operates in, is highly competitive and subject to rapid technological changes, posing risks to long-term growth. The company's PEG ratio of 1.30 suggests that the stock may be slightly overvalued compared to its earnings growth potential. Investors should consider the beta of 0.56 for SBA Communications Co., indicating lower volatility compared to the market but potentially lower returns in bullish market conditions. SBAC Stock Analysis - Frequently Asked Questions Should I buy or sell SBA Communications stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last twelve months. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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? 12 Wall Street research analysts have issued twelve-month price targets for SBA Communications' shares. Their SBAC share price targets range from $227.00 to $327.00. On average, they expect the company's share price to reach $271.50 in the next twelve months. This suggests a possible upside of 24.5% 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 on January 1st, 2024. Since then, SBAC shares have decreased by 14.0% and is now trading at $218.08. View the best growth stocks for 2024 here. Are investors shorting SBA Communications? SBA Communications saw a decline in short interest in March. As of March 15th, there was short interest totaling 2,280,000 shares, a decline of 31.7% from the February 29th total of 3,340,000 shares. Based on an average daily volume of 982,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.1% of the shares of the company are short sold. View SBA Communications' Short Interest. When is SBA Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) posted its earnings results on Monday, February, 26th. The technology company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by $0.36. The technology company had revenue of $675 million for the quarter, compared to analyst estimates 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%. The firm's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter last year, the firm earned $3.11 EPS. 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 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Wednesday, March 13th. This is an increase 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 1.79%. 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 30.82% 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), Invesco Active U.S. Real Estate ETF (PSR), IQ CBRE NextGen Real Estate ETF (ROOF), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Pacer Data & Infrastructure Real Estate ETF (SRVR), WisdomTree New Economy Real Estate Fund (WTRE), Motley Fool Mid-Cap Growth ETF (TMFM) and Principal Real Estate Active Opportunities ETF (BYRE). 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.98%), Cohen & Steers Inc. (3.75%), Principal Financial Group Inc. (2.57%), Brown Advisory Inc. (1.94%), Massachusetts Financial Services Co. MA (1.81%) and Dimensional Fund Advisors LP (1.41%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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