SBA Communications Corporation with ticker code (SBAC) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $285.00 and $202.00 with the average share target price sitting at $241.53. (at the time of writing). Given that the stocks previous close was at $221.11 and the analysts are correct then we can expect a percentage increase in value of 9.2%. The 50 day moving average now sits at $201.60 and the 200 day moving average is $215.25. The company has a market cap of 23.68B. The stock price for the company is currently $220.32 USD
The potential market cap would be $25,864,969,988 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 46.29, revenue per share of $24.78 and a 7.99% 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.
