SBA Communications Corporation with ticker code (SBAC) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $298.00 and $214.00 suggesting an average Analsyt target price of $246.14. Now with the previous closing price of $191.19 this would indicate that there is a potential upside of 28.7%. There is a 50 day moving average of $196.36 and the 200 moving average now moves to $215.19. The company has a market cap of 20.54B. The stock price for the company is currently $191.19 USD
The potential market cap would be $26,446,020,800 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 37.49, 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.
