SBA Communications Corporation which can be found using ticker (SBAC) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 327 and 245 with the average target price sitting at $283.38. Given that the stocks previous close was at $215.10 this would indicate that there is a potential upside of 31.7%. It’s also worth noting that there is a 50 day moving average of $224.18 and the 200 day MA is $251.59. The market capitalization for the company is 23.14B. The stock price is currently at: 213.48 USD
The potential market cap would be $30,482,257,198 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 46.61, 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.
