SBA Communications Corporation with ticker code (SBAC) now have 14 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $343.00 and $242.00 and has a mean target at $276.29. Given that the stocks previous close was at $230.88 and the analysts are correct then there would likely be a percentage uptick in value of 19.7%. It’s also worth noting that there is a 50 day moving average of $241.56 and the 200 moving average now moves to $229.44. The market cap for the company is 25.22B. The stock price for the company is currently $233.79 USD
The potential market cap would be $30,183,799,061 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 51.27, revenue per share of $25.16 and a 6.44% return on assets.
SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. The Company’s primary focus is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts in the United States, South America, Central America, Canada, South Africa, the Philippines, and Tanzania. It operates through two segments: Domestic Site Leasing and International Site Leasing. Domestic Site Leasing segment leases to T-Mobile, AT&T Wireless, Verizon Wireless, and DISH Wireless. The segment owns approximately 17,416 sites in the United States and its territories. International Site Leasing segment owns and operates approximately 21,895 towers in 15 international markets throughout South America, Central America, Canada, South Africa, the Philippines, and Tanzania.
