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SBA Communications Corporation (SBAC) is a leading reit-specialty business with stocks listed in the US. It opened the day at US$320.41 after a previous close of US$321.12. During the day the price has varied from a low of USD318.41 to a high of USD322.17. The latest price was USD321.03 (25 minute delay). SBA Communications Corporation is listed on the NASDAQ. All prices are listed in US Dollars.
How to buy shares in SBA Communications Corporation
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for SBA Communications Corporation. Find the share by name or ticker symbol: SBAC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until SBA Communications Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$312.73, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of SBA Communications Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of SBA Communications Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- SBA Communications Corporation key stats
- Compare share trading platforms
- Is SBA Communications Corporation stock a buy or sell?
- SBA Communications Corporation performance over time
- Can I short SBA Communications Corporation shares?
- Is SBA Communications Corporation suitable for ethical investing?
- Are SBA Communications Corporation shares over-valued?
- SBA Communications Corporation's financials
- How volatile are SBA Communications Corporation shares?
- Does SBA Communications Corporation pay a dividend?
- Other common questions
SBA Communications Corporation share priceUse our graph to track the performance of SBAC stocks over time.
SBA Communications Corporation shares at a glance
|52-week range||US$231.8612 - US$326.4237|
|50-day moving average||US$300.718|
|200-day moving average||US$279.3371|
|Dividend yield||US$2.09 (0.66%)|
|Earnings per share (TTM)||US$1.235|
Compare share trading platforms to buy stock
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy SBA Communications Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
SBA Communications Corporation price performance over time
|1 week (2021-06-16)||1.18%|
|1 month (2021-05-21)||10.35%|
|3 months (2021-03-23)||17.10%|
|6 months (2020-12-23)||17.60%|
|1 year (2020-06-23)||9.28%|
|2 years (2019-06-21)||38.43%|
|3 years (2018-06-22)||98.09%|
|5 years (2016-06-23)||199.30%|
Is SBA Communications Corporation under- or over-valued?
Valuing SBA Communications Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SBA Communications Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
SBA Communications Corporation's P/E ratio
SBA Communications Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 260x. In other words, SBA Communications Corporation shares trade at around 260x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
SBA Communications Corporation's PEG ratio
SBA Communications Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0902. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into SBA Communications Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
SBA Communications Corporation's EBITDA
SBA Communications Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.4 billion.
The EBITDA is a measure of a SBA Communications Corporation's overall financial performance and is widely used to measure a its profitability.
SBA Communications Corporation financials
|Revenue TTM||US$2.1 billion|
|Operating margin TTM||32.43%|
|Gross profit TTM||US$1.6 billion|
|Return on assets TTM||4.48%|
|Return on equity TTM||0%|
|Market capitalisation||US$35.4 billion|
TTM: trailing 12 months
Shorting SBA Communications Corporation shares
There are currently 1.7 million SBA Communications Corporation shares held short by investors – that's known as SBA Communications Corporation's "short interest". This figure is 4.6% up from 1.7 million last month.
There are a few different ways that this level of interest in shorting SBA Communications Corporation shares can be evaluated.
SBA Communications Corporation's "short interest ratio" (SIR)
SBA Communications Corporation's "short interest ratio" (SIR) is the quantity of SBA Communications Corporation shares currently shorted divided by the average quantity of SBA Communications Corporation shares traded daily (recently around 597815.22491349). SBA Communications Corporation's SIR currently stands at 2.89. In other words for every 100,000 SBA Communications Corporation shares traded daily on the market, roughly 2890 shares are currently held short.
However SBA Communications Corporation's short interest can also be evaluated against the total number of SBA Communications Corporation shares, or, against the total number of tradable SBA Communications Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SBA Communications Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 SBA Communications Corporation shares in existence, roughly 20 shares are currently held short) or 0.016% of the tradable shares (for every 100,000 tradable SBA Communications Corporation shares, roughly 16 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against SBA Communications Corporation.
Find out more about how you can short SBA Communications Corporation stock.
SBA Communications Corporation's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like SBA Communications Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
SBA Communications Corporation's total ESG risk score
Total ESG risk: 17.44
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and SBA Communications Corporation's overall score of 17.44 (as at 12/31/2018) is excellent – landing it in it in the 13rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like SBA Communications Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
SBA Communications Corporation's environmental score
Environmental score: 1.36/100
SBA Communications Corporation's environmental score of 1.36 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that SBA Communications Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
SBA Communications Corporation's social score
Social score: 6.76/100
SBA Communications Corporation's social score of 6.76 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that SBA Communications Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
SBA Communications Corporation's governance score
Governance score: 7.83/100
SBA Communications Corporation's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that SBA Communications Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Environmental, social, and governance (ESG) summary
|Total ESG score||17.44|
|Total ESG percentile||12.92|
|Environmental score percentile||2|
|Social score percentile||2|
|Governance score percentile||2|
SBA Communications Corporation share dividends
Dividend payout ratio: 26.4% of net profits
Recently SBA Communications Corporation has paid out, on average, around 26.4% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.73% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SBA Communications Corporation shareholders could enjoy a 0.73% return on their shares, in the form of dividend payments. In SBA Communications Corporation's case, that would currently equate to about $2.09 per share.
While SBA Communications Corporation's payout ratio might seem fairly standard, it's worth remembering that SBA Communications Corporation may be investing much of the rest of its net profits in future growth.
SBA Communications Corporation's most recent dividend payout was on 14 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 May 2021 (the "ex-dividend date").
SBA Communications Corporation share price volatility
Over the last 12 months, SBA Communications Corporation's shares have ranged in value from as little as US$231.8612 up to US$326.4237. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while SBA Communications Corporation's is 0.1973. This would suggest that SBA Communications Corporation's shares are less volatile than average (for this exchange).
SBA Communications Corporation overview
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.
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