Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNASDAQ:SBAC SBA Communications (SBAC) Stock Price, News & Analysis → Elon Musk’s PRIME is Set to Shock the World (From InvestorPlace) (Ad) Free SBAC Stock Alerts $188.09 -0.70 (-0.37%) (As of 05/24/2024 ET) Add Compare Share Share Today's Range$187.72▼$189.7050-Day Range$186.12▼$218.6052-Week Range$183.64▼$258.76Volume500,632 shsAverage Volume992,092 shsMarket Capitalization$20.21 billionP/E Ratio36.88Dividend Yield2.08%Price Target$252.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get SBA Communications alerts: Email Address SBA Communications MarketRank™ Stock AnalysisAnalyst RatingBuy3.09 Rating ScoreUpside/Downside34.1% Upside$252.25 Price TargetShort InterestHealthy1.99% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment1.15Based on 15 Articles This WeekInsider TradingSelling Shares$430,966 Sold Last QuarterProj. Earnings Growth-0.16%From $12.53 to $12.51 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.5.00 out of 5 starsFinance Sector2nd out of 871 stocksReal Estate Investment Trusts Industry1st out of 178 stocks 4.5 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 been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about SBA Communications' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.99% 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, 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 16.54%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSBA Communications pays a meaningful dividend of 2.08%, 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 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 31.33% next year. This indicates that SBA Communications will be able to sustain or increase its dividend.Read more about SBA Communications' 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 4.0 News and Social Media Coverage News SentimentSBA Communications has a news sentiment score of 1.15. 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 0.81 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for SBA Communications this week, compared to 7 articles on an average week.Search Interest13 people have searched for SBAC on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat Follows9 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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.Read more about SBA Communications' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for SBA Communications are expected to decrease by -0.16% in the coming year, from $12.53 to $12.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SBA Communications is 36.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.34.Price to Earnings Ratio vs. SectorThe P/E ratio of SBA Communications is 36.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 42.78.Price to Earnings Growth RatioSBA Communications has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.Read more about SBA Communications' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsProtect Your Bank Account Before It’s Too LateFor months I’ve been warning about the federal government’s terrifying new program to control every American’s bank account. It gives them the power to monitor every single transaction …Stop right now and do these 3 things to protect yourself 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 HeadlinesMay 24 at 6:28 AM | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Raised to "Buy" at StockNews.comMay 22, 2024 | americanbankingnews.comSBA Communications Co. (NASDAQ:SBAC) Receives Average Recommendation of "Buy" from AnalystsMay 20, 2024 | americanbankingnews.comSBA Communications Co. Announces Quarterly Dividend of $0.98 (NASDAQ:SBAC)May 17, 2024 | americanbankingnews.comSBA Communications (NASDAQ:SBAC) Rating Increased to Buy at StockNews.comMay 6, 2024 | businesswire.comSBA Communications Corporation to Speak at The JP Morgan 52nd Annual Global Technology, Media and Communications ConferenceMay 1, 2024 | finance.yahoo.comSBA Communications Corporation (NASDAQ:SBAC) Q1 2024 Earnings Call TranscriptMay 1, 2024 | seekingalpha.comSBA Communications: Value Investors Having The Last LaughApril 30, 2024 | markets.businessinsider.comSBA Communications: Resilience Amid Fluctuations Justifies Buy RatingApril 30, 2024 | businesswire.comSBA Communications Corporation to Speak at the MoffettNathanson 2024 Media and Communications ConferenceApril 30, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: SBA Communications (SBAC), Pebblebrook Hotel (PEB) and Equity Lifestyle (ELS)April 30, 2024 | finance.yahoo.comSBA Communications Corp (SBAC) Q1 2024 Earnings Call Transcript Highlights: Navigating Currency ...April 29, 2024 | msn.comStocks Climb on Q1 Earnings OptimismApril 29, 2024 | markets.businessinsider.comBuy Rating Affirmed for SBA Communications Amid Anticipated Growth in Domestic Tower BusinessApril 29, 2024 | sfgate.comSBA Communications: Q1 Earnings SnapshotApril 29, 2024 | msn.comSBA Communications declares CAD 0.98 dividendApril 29, 2024 | finance.yahoo.comSBA Communications Corp (SBAC) Surpasses Earnings Estimates in Q1 2024, Boosts DividendApril 29, 2024 | businesswire.comSBA Communications Corporation Reports First Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash DividendApril 29, 2024 | theglobeandmail.comStrong Q1 Earnings and Lower Bond Yields Boost StocksApril 29, 2024 | markets.businessinsider.comSBA Communications REIT (A) earnings: here's what to expectApril 26, 2024 | markets.businessinsider.comGaming and Leisure Properties earnings preview: what to expectApril 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 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 1, 2024 | msn.comWells Fargo's high-conviction tactical longs and shorts for Q2See 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 Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Last Earnings4/29/2024Ex-Dividend for 6/19 Dividend5/22/2024Today5/26/2024Dividend Payable6/19/2024Next Earnings (Estimated)7/29/2024Fiscal 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$252.25 High Stock Price Target$315.00 Low Stock Price Target$227.00 Potential Upside/Downside+34.1%Consensus RatingBuy Rating Score (0-4)3.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$5.10 Trailing P/E Ratio36.88 Forward P/E Ratio15.01 P/E Growth0.6Net Income$501.81 million Net Margins20.61% Pretax Margin21.38% Return on Equity-10.75% Return on Assets5.40% Debt Debt-to-Equity RatioN/A Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$2.71 billion Price / Sales7.45 Cash Flow$12.85 per share Price / Cash Flow14.64 Book Value($48.61) per share Price / Book-3.87Miscellaneous Outstanding Shares107,440,000Free Float106,046,000Market Cap$20.21 billion OptionableOptionable Beta0.59 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Brendan Thomas Cavanagh CPA (Age 52)CEO, President & Director Comp: $1.61MMr. Steven E. Bernstein II (Age 63)Founder & Independent Director Comp: $242.03kMr. Mark R. Ciarfella (Age 58)Executive Vice President of Operations Comp: $1.03MMr. Jason V. Silberstein (Age 55)Executive Vice President of Site Leasing Comp: $1.21MMr. Richard M. Cane (Age 59)Executive VP & President International Comp: $1.04MMr. Marc R. Montagner (Age 62)Executive VP & CFO Mr. Brian D. Lazarus CPA (Age 52)Senior VP & Chief Accounting Officer Mr. Elvis T. Clemetson (Age 50)Senior VP & Chief Information Officer Mr. Joshua M. Koenig (Age 44)Executive Vice President, Chief Administrative Officer & General Counsel Ms. Michelle Eisner (Age 63)Senior VP & Chief Human Resources Officer More ExecutivesKey CompetitorsCrown CastleNYSE:CCIUnited States CellularNYSE:USMTelephone and Data SystemsNYSE:TDSBlackBerryNYSE:BBShenandoah TelecommunicationsNASDAQ:SHENView All CompetitorsInsiders & InstitutionsCetera Investment AdvisersBought 7,226 shares on 5/24/2024Ownership: 0.010%Cetera Advisors LLCBought 492 shares on 5/24/2024Ownership: 0.002%Burney Co.Sold 118 shares on 5/22/2024Ownership: 0.007%Swedbank ABBought 79,109 shares on 5/21/2024Ownership: 0.074%Atria Investments IncSold 1,323 shares on 5/21/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions SBAC Stock Analysis - Frequently Asked Questions Should I buy or sell SBA Communications stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 10 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? 11 brokers have issued 12-month target prices for SBA Communications' stock. Their SBAC share price targets range from $227.00 to $315.00. On average, they expect the company's share price to reach $252.25 in the next twelve months. This suggests a possible upside of 34.1% 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 beginning of the year. Since then, SBAC stock has decreased by 25.9% and is now trading at $188.09. 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, July 29th 2024. View our SBAC earnings forecast. How were SBA Communications' earnings last quarter? SBA Communications Co. (NASDAQ:SBAC) posted its quarterly earnings results on Monday, April, 29th. The technology company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.21. The technology company had revenue of $657.86 million for the quarter, compared to analyst estimates of $671.08 million. SBA Communications had a negative trailing twelve-month return on equity of 10.75% and a net margin of 20.61%. SBA Communications's revenue was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.13 EPS. Read the conference call transcript. How often does SBA Communications pay dividends? What is the dividend yield for SBA Communications? SBA Communications announced a quarterly dividend on Monday, April 29th. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.98 per share on Wednesday, June 19th. This represents a $3.92 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend is Wednesday, May 22nd. 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 2.08%. 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 76.86%. 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 31.33% 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), JPMorgan Realty Income ETF (JPRE), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT), Pacer Data & Infrastructure Real Estate ETF (SRVR), Global X Data Center & Digital Infrastructure ETF (VPN), IQ CBRE NextGen Real Estate ETF (ROOF), Principal Real Estate Active Opportunities ETF (BYRE) and WisdomTree New Economy Real Estate Fund (WTRE). What guidance has SBA Communications issued on next quarter's earnings? SBA Communications issued an update on its FY 2024 earnings guidance on Monday, April, 29th. The company provided 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 $2.7 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (16.07%), Principal Financial Group Inc. (3.98%), Price T Rowe Associates Inc. MD (0.92%), Bank of New York Mellon Corp (0.66%), Earnest Partners LLC (0.65%) and Canada Pension Plan Investment Board (0.44%). 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 5/26/2024 by MarketBeat.com Staff From Our PartnersElon Musk’s PRIME is Set to Shock the WorldInvestorPlaceShocking $16T Elon Musk Crypto LeakCrypto 101 MediaJust $9 for a Year of Winning Market InsightsBehind the MarketsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsThe Presidential candidate you should REALLY be worried aboutStansberry ResearchNew Options need New Trading StrategiesNetpicks$1,500 to $9,400 in one month? 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