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 target price High/Low ranges between $343.00 and $206.00 with the average target price sitting at $265.00. Now with the previous closing price of $248.49 this indicates there is a potential upside of 6.6%. It’s also worth noting that there is a 50 day moving average of $223.40 while the 200 day moving average is $230.12. The company has a market capitalization of 26.60B. The stock price is currently at: $246.53 USD
The potential market cap would be $28,364,546,936 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 54.06, revenue per share of $25.16 and a 6.44% 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.
