SBA Communications Corporation (SBAC) is a leading reit-specialty business based in the US. It opened the day at $283.17 after a previous close of $282.04. During the day the price has varied from a low of $275.36 to a high of $283.24. The latest price was $276.93 (25 minute delay). SBA Communications is listed on the NASDAQ and employs 1,475 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, SBA Communications's share price has had significant positive movement.
Its last market close was $310.25, which is 4.71% up on its pre-crash value of $295.65 and 51.19% up on the lowest point reached during the March crash when the shares fell as low as $205.2.
If you had bought $1,000 worth of SBA Communications shares at the start of February 2020, those shares would have been worth $863.99 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,244.10.
|52-week range||$204.2446 - $327.8579|
|50-day moving average||$285.8359|
|200-day moving average||$299.8582|
|Wall St. target price||$331.53|
|Dividend yield||$1.86 (0.68%)|
|Earnings per share (TTM)||$1.173|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 month (2020-12-22)||0.37%|
|3 months (2020-10-22)||-5.81%|
|6 months (2020-07-22)||-7.13%|
Valuing SBA Communications stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SBA Communications's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
SBA Communications's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 227x. In other words, SBA Communications shares trade at around 227x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
SBA Communications's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8103. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into SBA Communications's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
SBA Communications's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.4 billion (£1 billion).
The EBITDA is a measure of a SBA Communications's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$2.1 billion|
|Operating margin TTM||31.92%|
|Gross profit TTM||$1.5 billion|
|Return on assets TTM||4.51%|
|Return on equity TTM||0%|
|Market capitalisation||$30.5 billion|
TTM: trailing 12 months
There are currently 1.2 million SBA Communications shares held short by investors – that's known as SBA Communications's "short interest". This figure is 8.4% up from 1.1 million last month.
There are a few different ways that this level of interest in shorting SBA Communications shares can be evaluated.
SBA Communications's "short interest ratio" (SIR) is the quantity of SBA Communications shares currently shorted divided by the average quantity of SBA Communications shares traded daily (recently around 640501.55440415). SBA Communications's SIR currently stands at 1.93. In other words for every 100,000 SBA Communications shares traded daily on the market, roughly 1930 shares are currently held short.
However SBA Communications's short interest can also be evaluated against the total number of SBA Communications shares, or, against the total number of tradable SBA Communications shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SBA Communications's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 SBA Communications shares in existence, roughly 10 shares are currently held short) or 0.0155% of the tradable shares (for every 100,000 tradable SBA Communications shares, roughly 16 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against SBA Communications.
Find out more about how you can short SBA Communications stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like SBA Communications.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 17.44
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and SBA Communications's overall score of 17.44 (as at 01/01/2019) is excellent – landing it in it in the 13rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like SBA Communications is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 1.36/100
SBA Communications's environmental score of 1.36 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that SBA Communications is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 6.76/100
SBA Communications's social score of 6.76 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that SBA Communications is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 7.83/100
SBA Communications's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that SBA Communications is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
|Total ESG score||17.44|
|Total ESG percentile||12.92|
|Environmental score percentile||2|
|Social score percentile||2|
|Governance score percentile||2|
Dividend payout ratio: 28.93% of net profits
Recently SBA Communications has paid out, on average, around 28.93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SBA Communications shareholders could enjoy a 0.68% return on their shares, in the form of dividend payments. In SBA Communications's case, that would currently equate to about $1.86 per share.
While SBA Communications's payout ratio might seem fairly standard, it's worth remembering that SBA Communications may be investing much of the rest of its net profits in future growth.
SBA Communications's most recent dividend payout was on 17 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 18 November 2020 (the "ex-dividend date").
Over the last 12 months, SBA Communications's shares have ranged in value from as little as $204.2446 up to $327.8579. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while SBA Communications's is 0.222. This would suggest that SBA Communications's shares are less volatile than average (for this exchange).
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.
Learn more about Transportation and Logistics Systems’ recent performance and where you can invest in Transportation and Logistics Systems shares. We also run through some helpful rules of thumb for any investor.
Learn more about Charlie’s Holdings’ recent performance and where you can invest in Charlie’s Holdings shares. We also run through some helpful rules of thumb for any investor.
Learn more about Lemonade’s recent performance and where you can invest in Lemonade shares. We also run through some helpful rules of thumb for any investor.
Learn more about Unity Software’s recent performance and where you can invest in Unity Software shares. We also run through some helpful rules of thumb for any investor
Learn more about FuelCell Energy’s recent performance and where you can invest in FuelCell Energy shares. We also run through some helpful rules of thumb for any investor.
Learn more about CloudCommerce’s recent performance and where you can invest in CloudCommerce shares. We also run through some helpful rules of thumb for any investor
Ever wondered how to buy shares in Zomedica Pharmaceuticals? We explain how and compare a range of providers that can give you access to many brands, including Zomedica Pharmaceuticals.
Ever wondered how to buy shares in YRC Worldwide? We explain how and compare a range of providers that can give you access to many brands, including YRC Worldwide.
Ever wondered how to buy shares in Xeros Technology Group? We explain how and compare a range of providers that can give you access to many brands, including Xeros Technology Group.
Ever wondered how to buy shares in Xpediator? We explain how and compare a range of providers that can give you access to many brands, including Xpediator.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.