SBA Communications Corporation with ticker code (SBAC) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 330 and 245 and has a mean target at $286.71. Given that the stocks previous close was at $230.06 this is indicating there is a potential upside of 24.6%. There is a 50 day moving average of $228.71 while the 200 day moving average is $259.59. The market cap for the company is 25.24B. The stock price for the company is currently 231.02 USD
The potential market cap would be $31,456,364,435 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 68.15, revenue per share of 25.12 and a 6.17% 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.
