SBA Communications SBAC Stock Price, News & Info The Motley Fool

The consensus rating for SBA Communications is Moderate Buy while the average consensus rating for finance companies is Hold. Sign-up to receive the latest news and ratings for SBAC and its competitors with MarketBeat’s FREE daily newsletter. OUTFRONT Media’s (OUT) Q1 earnings fall short capital account is a type of of estimates on higher operating expenses and interest expenses. American Tower is a growth stock, quite literally built on a foundation of solid rock. Here are three of the best reasons to own this stock today. The technique has proven to be very useful for finding positive surprises.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. Sign-up to receive the latest news and ratings for SBA Communications and its competitors with MarketBeat’s FREE daily newsletter. Over the previous 90 days, SBA Communications’s stock had 1 downgrade by analysts. Analysts like SBA Communications more than other Finance companies.

To come up with the companies, he reviewed the S&P 500’s new 52-week low list. When the latest bull market began cooling off amid a declining economy, soaring inflation and rising interest rates, many value investors started looking for bargains. One share of SBAC stock can currently be purchased for approximately $218.82. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

Research & Ratings SBA Communications Corp.(SBAC)

Enter your email address below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter. Public Storage’s (PSA) Q1 results reflect an improvement in the realized annual rent per available square foot, aiding revenue growth. 247 employees have rated SBA Communications Chief Executive Officer Jeffrey A. Stoops on Glassdoor.com.

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Plus, SBAC info will be updated daily in your Zacks.com Portfolio Tracker – also free.

SBA Communications Corporation Sets Date for Fourth Quarter 2022 Earnings Release

Jeffrey A. Stoops has an approval rating of 99% among the company’s employees. This puts Jeffrey A. Stoops in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. SBA Communications announced a quarterly dividend on Sunday, July 30th. Shareholders of record on Thursday, August 24th will be given a dividend of $0.85 per share on Wednesday, September 20th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.55%.

The consensus among Wall Street equities research analysts is that investors should “moderate buy” SBAC shares. According to 19 analysts, the average rating for SBAC stock is “Buy.” The 12-month stock price forecast is $298.94, which is an increase of 36.62% from the latest price. SBA Communications saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,480,000 shares, an increase of 20.4% from the August 15th total of 2,060,000 shares.

SBA Communications’ (SBAC) Q1 results reflect year-over-year site-leasing revenue growth on healthy leasing activity amid elevated tower space demand. Extra Space Storage’s (EXR) Q1 results reflect lower-than-anticipated revenues on lower occupancy levels. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link https://1investing.in/ between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. SBA Communications’ stock is owned by many different institutional and retail investors.

SBA Communications Consensus Rating and Price Target (

Provides a general description of the business conducted by this company. The Barchart Technical Opinion rating is a 100% Sell with a Average short term outlook on maintaining the current direction. Rayonier’s (RYN) Q1 results are weaker than expected on lower-than-anticipated revenues. The pro-forma operating income declines across all segments.

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

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Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 19 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for SBA Communications in the last year. There are currently 3 hold ratings, 15 buy ratings and 1 strong buy rating for the stock.

Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. SBA Communications issued an update on its FY 2023 earnings guidance on Monday, July, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.71 billion-$2.75 billion, compared to the consensus revenue estimate of $2.71 billion.

What’s Happening with SBAC Stock Today

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

• Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.
• When the latest bull market began cooling off amid a declining economy, soaring inflation and rising interest rates, many value investors started looking for bargains.
• According to 19 analysts, the average rating for SBAC stock is “Buy.” The 12-month stock price forecast is $298.94, which is an increase of 36.62% from the latest price.
• The Barchart Technical Opinion rating is a 100% Sell with a Average short term outlook on maintaining the current direction.
• An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
• Over the previous 90 days, SBA Communications’s stock had 1 downgrade by analysts.

Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. According to analysts, SBA Communications’s stock has a predicted upside of 23.79% based on their 12-month price targets.

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Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success.

Based on an average trading volume of 924,400 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.3% of the shares of the company are short sold. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.