SBA Communications Corporation – Consensus ‘buy’ rating and 2.9% Upside Potential

Broker Ratings
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SBA Communications Corporation which can be found using ticker (SBAC) have now 15 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 $206.00 with the average target price sitting at $252.27. Now with the previous closing price of $245.20 this indicates there is a potential upside of 2.9%. The 50 day MA is $211.23 and the 200 day moving average is $231.26. The company has a market capitalization of 26.64B. The stock price for the company is currently $246.96 USD

The potential market cap would be $27,412,009,485 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 54.4, 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.

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