SBA Communications Corporation (SBAC)

NASDAQ: SBAC · IEX Real-Time Price · USD
315.76
9.58 (3.13%)
Jan 28, 2022 2:59 PM EST - Market open
Market Cap34.35B
Revenue (ttm)2.25B
Net Income (ttm)294.50M
Shares Out108.78M
EPS (ttm)2.61
PE Ratio121.17
Forward PE78.13
Dividend$2.32 (0.73%)
Ex-Dividend DateNov 17, 2021
Volume449,401
Open307.23
Previous Close306.18
Day's Range304.04 - 316.01
52-Week Range232.88 - 391.15
Beta0.31
AnalystsBuy
Price Target383.63 (+21.5%)
Earnings DateFeb 23, 2022

About SBAC

SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By "Building Better Wireless,? SBA generates revenue from two primary businesses – site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJun 16, 1999
CEOJeffrey Stoops
Employees1,483
Stock ExchangeNASDAQ
Ticker SymbolSBAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for SBAC stock is "Buy." The 12-month stock price forecast is 383.63, which is an increase of 21.49% from the latest price.

Price Target
$383.63
(21.49% upside)
Analyst Consensus: Buy

News

SBA Communications Corporation Announces Tax Reporting Information for 2021 Distributions

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today announced year-end tax reporting information for its 2021 distributions. Stockholders are ...

1 hour ago - Business Wire

4 Real Estate Companies With Predictable Revenue Growth

In light of increasing home prices during November 2021, four real estate companies that have high profitability and are trading at fair GF Value as of January include American Tower Corp. ( AMT , Finan...

Other symbols:AMTCSGPEQIX
2 days ago - GuruFocus

SBA Communications Corporation to Speak at the Citi AppsEconomy Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, Chief Financial Officer, is scheduled to speak at the Citi AppsEconomy Conferenc...

1 month ago - Business Wire

Investing in Infrastructure REITs

A closer look at how to invest in infrastructure REITs.

Other symbols:AMTCCIUNIT
1 month ago - The Motley Fool

The Top 3 REITs in Mobile Towers

From simple texts to the metaverse, this infrastructure is essential and growing.

Other symbols:AMTCCI
1 month ago - The Motley Fool

SBA Communications Corporation to Speak at the Barclays Global Technology, Media and Telecommunications Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Jeffrey A. Stoops, President and Chief Executive Officer, is scheduled to speak at the Barclays Gl...

2 months ago - Business Wire

UBS: 7 Best Stocks to Buy Now for Pricing Power

Some of the best stocks to buy now include those that are able to navigate higher inflation, say the pros. These seven top-rated picks fit the bill.

Other symbols:AAPLCRMDHREOGGNRCNKE
2 months ago - Kiplinger

Ex-Dividend Reminder: Microsoft, SBA Communications And Nielsen Holdings

On 11/17/21, Microsoft, SBA Communications, and Nielsen Holdings will all trade ex-dividend for their respective upcoming dividends.

Other symbols:NLSNMSFT
2 months ago - Forbes

SBA Communications (SBAC) Beats on Q3 AFFO, Ups '21 Guidance

SBA Communications' (SBAC) Q3 results gain from growth in its site-leasing and development business. The company's cost-control initiatives enable it to raise the 2021 outlook.

2 months ago - Zacks Investment Research

SBA Communications (SBAC) Tops Q3 FFO and Revenue Estimates

SBA Communications (SBAC) delivered FFO and revenue surprises of 2.26% and 2.05%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

SBA Communications: Q3 Earnings Insights

SBA Communications (NASDAQ:SBAC) reported its Q3 earnings results on Monday, November 1, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

2 months ago - Benzinga

SBA Communications Corporation Reports Third Quarter 2021 Results; Updates Full Year 2021 Outlook; and Declares Quart...

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended September 30, 2021. Highlights of the third quarter...

2 months ago - Business Wire

Earnings Preview For SBA Communications

SBA Communications (NASDAQ:SBAC) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.

2 months ago - Benzinga

What's in Store for SBA Communications' (SBAC) Q3 Earnings?

SBA Communications' (SBAC) Q3 results will likely reflect benefits from the elevated tower space demand amid a high carrier network spending.

3 months ago - Zacks Investment Research

SBA Communications Corporation Sets Date for Third Quarter 2021 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, November 1, 2021 after market close....

3 months ago - Business Wire

Here's Why It is Wise to Hold SBA Communications (SBAC) Stock Now

SBA Communications (SBAC) is well poised to benefit from higher consumer demand and adoption of data-driven mobile devices and applications, though a leveraged balance sheet is a concern.

3 months ago - Zacks Investment Research

SBA Communications Corporation to Speak at the Goldman Sachs 2021 Communacopia Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Jeffrey A. Stoops, President and Chief Executive Officer, is scheduled to speak at the Goldman Sac...

4 months ago - Business Wire

SBA Communications (SBAC) Up 3.7% Since Last Earnings Report: Can It Continue?

SBA Communications (SBAC) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

SBA Communications Corporation to Speak at the Bank of America Securities 2021 Media, Communications and Entertainmen...

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, Chief Financial Officer, is scheduled to speak at the Bank of America Securities...

4 months ago - Business Wire

Here's Why You Should Retain SBA Communications (SBAC) Stock Now

SBA Communications (SBAC) is likely to benefit from higher consumer demand and adoption of data-driven mobile devices and applications, though a leveraged balance sheet is worrisome.

4 months ago - Zacks Investment Research

SBA Communications (SBAC) Beats on Q2 AFFO, Ups '21 Guidance

SBA Communications' (SBAC) Q2 results are aided by growth in its site-leasing and development business. The company's cost-control initiatives enable it to raise the 2021 outlook.

5 months ago - Zacks Investment Research

SBA Communications (SBAC) Q2 FFO and Revenues Surpass Estimates

SBA Communications (SBAC) delivered FFO and revenue surprises of 1.93% and 2.53%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

SBA Communications Corporation Reports Second Quarter 2021 Results; Updates Full Year 2021 Outlook; and Declares Quar...

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended June 30, 2021. Highlights of the second quarter inc...

5 months ago - Business Wire

SBA Communications's Earnings Outlook

SBA Communications (NASDAQ:SBAC) will be releasing its next round of earnings this Monday, August 02. For all of the relevant information, here is your guide for Monday's Q2 earnings announcement.

5 months ago - Benzinga

What's in the Cards for SBA Communications' (SBAC) Q2 Earnings?

Strong carrier spending on networks and site leasing business is likely to have aided SBA Communications' (SBAC) Q2 performance.

6 months ago - Zacks Investment Research