SBA Communications Corp

Company Profile

SBA Communications Corp had its IPO on 1999-06-16 under the ticker symbol SBAC.

The company operates in the Real Estate sector and REIT-Specialty industry. SBA Communications Corp has a staff strength of 1,834 employees.

Stock update

Shares of SBA Communications Corp opened at $214.59 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $210.93 - $214.73, and closed at $214.36.

This is a -0.39% slip from the previous day's closing price.

A total volume of 547,940 shares were traded at the close of the day’s session.

In the last one week, shares of SBA Communications Corp have slipped by -3.31%.

SBA Communications Corp's Key Ratios

SBA Communications Corp has a market cap of $23.32 billion, indicating a price to book ratio of 0 and a price to sales ratio of 12.5011.

In the last 12-months SBA Communications Corp’s revenue was $2.72 billion with a gross profit of $1.94 billion and an EBITDA of $1.74 billion. The EBITDA ratio measures SBA Communications Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, SBA Communications Corp’s operating margin was 37.5% while its return on assets stood at 6.17% with a return of equity of 0%.

In Q2, SBA Communications Corp’s quarterly earnings growth was a positive 192.2% while revenue growth was a positive 4.1%.

SBA Communications Corp’s PE and PEG Ratio

Forward PE

53.7634

Trailing PE

46.2796

PEG

2.2667

Its diluted EPS in the last 12-months stands at $4.65 per share while it has a forward price to earnings multiple of 53.7634 and a PEG multiple of 2.2667. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into SBA Communications Corp’s profitability.

SBA Communications Corp stock is trading at a EV to sales ratio of 17.9056 and a EV to EBITDA ratio of 29.8986. Its price to sales ratio in the trailing 12-months stood at 12.5011.

SBA Communications Corp stock pays annual dividends of $3.12 per share, indicating a yield of 1.58% and a payout ratio of 70.11%.

Balance sheet and cash flow metrics

Total Assets

$10.60 billion

Total Liabilities

$738.39 million

Operating Cash Flow

$-111585000.00

Capital Expenditure

$63.45 million

Dividend Payout Ratio

70.11%

SBA Communications Corp ended 2024 with $10.60 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.60 billion while shareholder equity stood at $-5092330000.00.

SBA Communications Corp ended 2024 with $0 in deferred long-term liabilities, $738.39 million in other current liabilities, 1084000.00 in common stock, $-7362838000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $179.17 million and cash and short-term investments were $179.17 million. The company’s total short-term debt was $298,828,000 while long-term debt stood at $12.57 billion.

SBA Communications Corp’s total current assets stands at $518.62 million while long-term investments were $34.17 million and short-term investments were $22.38 million. Its net receivables were $202.46 million compared to accounts payable of $47.03 million and inventory worth $72.08 million.

In 2024, SBA Communications Corp's operating cash flow was $-111585000.00 while its capital expenditure stood at $63.45 million.

Comparatively, SBA Communications Corp paid $0.70 in dividends in 2024.

Other key metrics

Current Trading Price

$214.36

52-Week High

$315.1745

52-Week Low

$210.93

Analyst Target Price

$285.94

SBA Communications Corp stock is currently trading at $214.36 per share. It touched a 52-week high of $315.1745 and a 52-week low of $315.1745. Analysts tracking the stock have a 12-month average target price of $285.94.

Its 50-day moving average was $225.83 and 200-day moving average was $251.7 The short ratio stood at 1.67 indicating a short percent outstanding of 0%.

Around 123% of the company’s stock are held by insiders while 9679.8% are held by institutions.