SBA Communications Corporation which can be found using ticker (SBAC) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $298.00 and $214.00 with the average target price sitting at $246.14. Given that the stocks previous close was at $193.39 and the analysts are correct then there would likely be a percentage uptick in value of 27.3%. Also worth taking note is the 50 day moving average now sits at $198.72 and the 200 day MA is $216.09. The total market capitalization for the company now stands at 20.75B. The current share price for the company is: $193.16 USD
The potential market cap would be $26,414,568,541 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 37.87, revenue per share of $24.90 and a 7.23% 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.
