SBA Communications Corporation (SBAC)
| Market Cap | 21.32B |
| Revenue (ttm) | 2.66B |
| Net Income (ttm) | 685.43M |
| Shares Out | 107.52M |
| EPS (ttm) | 6.34 |
| PE Ratio | 31.28 |
| Forward PE | 22.87 |
| Dividend | $3.92 (1.98%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 1,754,827 |
| Open | 200.04 |
| Previous Close | 201.06 |
| Day's Range | 197.16 - 201.41 |
| 52-Week Range | 183.64 - 256.68 |
| Beta | 0.66 |
| Analysts | Buy |
| Price Target | 254.93 (+28.6%) |
| Earnings Date | Oct 28, 2024 |
About 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. The company was founded in 1989 and is headquartered in Boca Raton,... [Read more]
Financial Performance
In 2023, SBA Communications's revenue was $2.71 billion, an increase of 2.97% compared to the previous year's $2.63 billion. Earnings were $501.81 million, an increase of 8.75%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SBAC stock is "Buy." The 12-month stock price forecast is $254.93, which is an increase of 28.60% from the latest price.
News
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SBA Communications Corporation to Speak at the UBS Global Media and Communications Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the UBS Global Media and Commu...
SBA Communications Corporation to Speak at the BofA Securities 2024 Leveraged Finance Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the BofA Securities 2024 Lever...
SBA Communications: Still An Appealing Play Despite Mixed Quarterly Results
SBA Communications Corporation reported mixed Q3 2024 results, with earnings per share and FFO exceeding estimates but revenue falling short, leading to a tepid market reaction. Despite revenue declin...
SBA Communications Corporation (SBAC) Q3 2024 Earnings Call Transcript
SBA Communications Corporation (NASDAQ:SBAC) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Mark DeRussy - VP of Finance Brendan Cavanagh - CEO Marc Montagner - CFO...
SBA Communications raises annual adjusted FFO forecast on steady demand
SBA Communications raised its annual forecast for adjusted funds from operations on Monday, anticipating a steady wireless carrier activity on the back of growing demand for 5G network.
SBA Communications Corporation Reports Third Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended September 30, 2024. Highlights of the third quart...
SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)
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SBA Communications Corporation Sets Date for Third Quarter 2024 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its third quarter results on Monday, October 28, 2024 after market clos...
SBA Communications Corporation to Speak at the Goldman Sachs 2024 Communacopia + Technology Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer, is scheduled to speak at the Goldman Sa...
SBA Communications Corporation to Speak at the Citi 2024 Global TMT Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the Citi 2024 Global TMT Confe...
SBA Communications Corporation to Speak at The Bank of America 2024 Media, Communications and Entertainment Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the Bank of America 2024 Media...
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SBA Communications Corporation (SBAC) Q2 2024 Earnings Call Transcript
SBA Communications Corporation (NASDAQ:SBAC) Q2 2024 Earnings Call Transcript July 29, 2024 5:00 PM ET Company Participants Mark DeRussy - VP of Finance Brendan Cavanagh - CEO Marc Montagner - CFO Co...
SBA Communications Corporation Reports Second Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended June 30, 2024. Highlights of the second quarter i...
SBA Communications Corporation Sets Date for Second Quarter 2024 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its second quarter results on Monday, July 29, 2024 after market close....
MITRE Announces Strategic Partnership with Atlantic Council to Enhance Transatlantic Security
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An Important Warning To REIT Investors
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SBA Communications Corporation to Speak at The JP Morgan 52nd Annual Global Technology, Media and Communications Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer is scheduled to speak at the JP Morgan 5...