SBA Communications Corporation with ticker code (SBAC) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 330 and 245 and has a mean target at $285.94. Given that the stocks previous close was at $221.84 and the analysts are correct then we can expect a percentage increase in value of 28.9%. The 50 day MA is $227.41 and the 200 day MA is $255.11. The company has a market capitalization of 23.63B. The stock price for the company is currently 217.99 USD
The potential market cap would be $30,453,190,006 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 46.98, 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.
