SBA Communications Corp
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- Market Cap.:
- $23.91 billion
- Book Value:
- Revenue TTM:
- $2.69 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $1.94 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
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
- Trailing PE
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
- Capital Expenditure
- $49.14 million
- Dividend Payout Ratio
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
- 52-Week High
- 52-Week Low
- Analyst Target Price
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.
Frequently Asked Questions About SBA Communications Corp
Similar Industry Stocks (REIT-Specialty)
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By “Building Better Wireless,” SBA generates revenue from two primary businesses ” site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.