Sba Communications Corp Stock Today

SBAC Stock  USD 203.28  0.29  0.14%   

Performance

0 of 100

 
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Odds Of Distress

Less than 42

 
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Below Average
SBA Communications is trading at 203.28 as of the 23rd of December 2024, a 0.14% down since the beginning of the trading day. The stock's open price was 203.57. 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. The performance scores are derived for the period starting the 23rd of November 2024 and ending today, the 23rd of December 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 1.1 M shares are at this time shorted by private and institutional investors with about 1.18 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 DirectorJeffrey Stoops
Business ConcentrationTelecom Tower REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Nasdaq 100 Total, Real Estate, Specialized REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.170.2664
Way Down
Pretty Stable
Gross Profit Margin0.480.7661
Way Down
Slightly volatile
Net Debt15 B14.3 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.4 B1.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total14.6 B14 B
Sufficiently Up
Slightly volatile
Total Assets5.3 B10.2 B
Way Down
Slightly volatile
Total Current Assets269.6 M484.3 M
Way Down
Slightly volatile
Total Cash From Operating Activities1.6 B1.5 B
Sufficiently Up
Slightly volatile
Debt Levels
SBA 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.
Liquidity
SBA Communications Corp currently holds 14.46 B in liabilities with Debt to Equity (D/E) ratio of 16.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SBA Communications Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SBA Communications' use of debt, we should always consider it together with its cash and equity.

Stock Based Compensation

92.31 Million
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 21.89 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 1.1 M shares are at this time shorted by private and institutional investors with about 1.18 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.
Check SBA Communications Probability Of Bankruptcy
Ownership Allocation
SBA 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. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check SBA Ownership Details

SBA Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
1.5 M
Legal & General Group Plc2024-09-30
1.5 M
Morgan Stanley - Brokerage Accounts2024-09-30
1.5 M
Cohen & Steers Inc2024-09-30
1.5 M
Norges Bank2024-06-30
1.3 M
Charles Schwab Investment Management Inc2024-09-30
1.3 M
Victory Capital Management Inc.2024-09-30
1.2 M
American Century Companies Inc
1.2 M
Northern Trust Corp2024-09-30
1.1 M
Vanguard Group Inc2024-09-30
17.4 M
Blackrock Inc2024-06-30
9.3 M
View SBA Communications Diagnostics

SBA Communications Historical Income Statement

At present, SBA Communications' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 2.2 B, whereas Depreciation And Amortization is forecasted to decline to about 515 M. View More Fundamentals

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.
When determining whether SBA Communications Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SBA Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sba Communications Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sba Communications Corp Stock:
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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.