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 $220.96 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $220.69 - $229.98, and closed at $225.65.

This is a +2.25% increase from the previous day's closing price.

A total volume of 1,509,715 shares were traded at the close of the day’s session.

In the last one week, shares of SBA Communications Corp have increased by +1.01%.

SBA Communications Corp's Key Ratios

SBA Communications Corp has a market cap of $23.91 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 $2.69 billion with a gross profit of $1.94 billion and an EBITDA of $1.71 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 36.87% while its return on assets stood at 5.99% with a return of equity of 0%.

In Q1, SBA Communications Corp’s quarterly earnings growth was a negative -45.9% while revenue growth was a positive 9%.

SBA Communications Corp’s PE and PEG Ratio

Forward PE

53.7634

Trailing PE

64.1541

PEG

2.2667

Its diluted EPS in the last 12-months stands at $3.44 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 $2.98 per share, indicating a yield of 1.53% and a payout ratio of 91.23%.

Balance sheet and cash flow metrics

Total Assets

$10.54 billion

Total Liabilities

$638.78 million

Operating Cash Flow

$-146761000.00

Capital Expenditure

$49.14 million

Dividend Payout Ratio

91.23%

SBA Communications Corp ended 2023 with $10.54 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.54 billion while shareholder equity stood at $-5268958000.00.

SBA Communications Corp ended 2023 with $0 in deferred long-term liabilities, $638.78 million in other current liabilities, 1083000.00 in common stock, $-7473913000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $152.77 million and cash and short-term investments were $152.77 million. The company’s total short-term debt was $294,308,000 while long-term debt stood at $12.80 billion.

SBA Communications Corp’s total current assets stands at $471.55 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $241.95 million compared to accounts payable of $53.55 million and inventory worth $0.

In 2023, SBA Communications Corp's operating cash flow was $-146761000.00 while its capital expenditure stood at $49.14 million.

Comparatively, SBA Communications Corp paid $0.91 in dividends in 2023.

Other key metrics

Current Trading Price

$225.65

52-Week High

$352.4339

52-Week Low

$218.61

Analyst Target Price

$312.47

SBA Communications Corp stock is currently trading at $225.65 per share. It touched a 52-week high of $352.4339 and a 52-week low of $352.4339. Analysts tracking the stock have a 12-month average target price of $312.47.

Its 50-day moving average was $245.14 and 200-day moving average was $274.45 The short ratio stood at 1.69 indicating a short percent outstanding of 0%.

Around 122.6% of the company’s stock are held by insiders while 9671.5% are held by institutions.