SBA Communications Corporation Share Price Target ‘$264.00’, now 23.7% Upside Potential

Broker Ratings
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SBA Communications Corporation which can be found using ticker (SBAC) now have 14 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $304.00 and $220.00 suggesting an average analyst share price target price of $264.00. (at the time of writing). Given that the stocks previous close was at $213.40 this indicates there is a potential upside of 23.7%. There is a 50 day moving average of $215.46 and the 200 moving average now moves to $222.99. The market capitalization for the company is 23.03B. The stock price for the company is currently $213.01 USD

The potential market cap would be $28,488,615,746 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 46.31, revenue per share of $25.06 and a 6.47% 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.

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