Sba Communications Corp Stock Today
SBAC Stock | USD 226.25 2.26 0.99% |
Performance0 of 100
| Odds Of DistressLess than 42
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SBA Communications is trading at 226.25 as of the 30th of November 2024, a 0.99% down since the beginning of the trading day. The stock's open price was 228.51. SBA Communications has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for SBA Communications Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 16th of June 1999 | Category Real Estate |
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. 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. The company has 107.52 M outstanding shares of which 1.38 M shares are at this time shorted by private and institutional investors with about 1.29 trading days to cover. More on SBA Communications Corp
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SBA Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
CEO and President and Director | Jeffrey Stoops | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Telecom Tower REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Real Estate, Specialized REITs, REIT—Specialty, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsSBA Communications can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SBA Communications' financial leverage. It provides some insight into what part of SBA Communications' total assets is financed by creditors.
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SBA Communications Corp (SBAC) is traded on NASDAQ Exchange in USA. It is located in 8051 Congress Avenue, Boca Raton, FL, United States, 33487-1307 and employs 1,787 people. SBA Communications is listed under Telecom Tower REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 24.33 B. SBA Communications Corp conducts business under Specialized REITs sector and is part of Real Estate industry. The entity has 107.52 M outstanding shares of which 1.38 M shares are at this time shorted by private and institutional investors with about 1.29 trading days to cover.
SBA Communications Corp currently holds about 201.21 M in cash with 1.54 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.86.
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Ownership AllocationSBA Communications Corp secures a total of 107.52 Million outstanding shares. The majority of SBA Communications Corp outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to take positions in SBA Communications Corp to benefit from reduced commissions. Thereupon, outside corporations are subject to a different set of regulations than regular investors in SBA Communications Corp. Please pay attention to any change in the institutional holdings of SBA Communications as this could imply that something significant has changed or is about to change at the company. Also note that nearly thirty-five thousand four hundred eighty-three invesors are currently shorting SBA Communications expressing very little confidence in its future performance.
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SBA Stock Institutional Holders
Instituion | Recorded On | Shares | |
Amvescap Plc. | 2024-06-30 | 1.5 M | |
Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.5 M | |
Legal & General Group Plc | 2024-06-30 | 1.5 M | |
Ameriprise Financial Inc | 2024-06-30 | 1.4 M | |
Norges Bank | 2024-06-30 | 1.3 M | |
Millennium Management Llc | 2024-06-30 | 1.3 M | |
Charles Schwab Investment Management Inc | 2024-09-30 | 1.3 M | |
Victory Capital Management Inc. | 2024-09-30 | 1.2 M | |
American Century Companies Inc | 2024-09-30 | 1.2 M | |
Vanguard Group Inc | 2024-09-30 | 17.4 M | |
Blackrock Inc | 2024-06-30 | 9.3 M |
SBA Communications Historical Income Statement
SBA Stock Against Markets
SBA Communications Corporate Executives
Elected by the shareholders, the SBA Communications' board of directors comprises two types of representatives: SBA Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SBA. The board's role is to monitor SBA Communications' management team and ensure that shareholders' interests are well served. SBA Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SBA Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
Marc Montagner | Executive CFO | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Telecom Tower REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2 | Dividend Share 3.79 | Earnings Share 6.33 | Revenue Per Share 24.696 | Quarterly Revenue Growth (0.02) |
The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.