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How to buy SBA Communications (SBAC) shares in Australia

Learn how to easily invest in SBA Communications shares.

SBA Communications Corp (SBAC) is a leading reit - specialty business with stocks listed in the US. It opened the day at US$195.78 after a previous close of US$197.01. During the day the price has varied from a low of USD194.95 to a high of USD198.11. The latest price was USD195.96 (25 minute delay). SBA Communications is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in SBA Communications

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for SBA Communications. Find the share by name or ticker symbol: SBAC. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until SBA Communications reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$197.01, 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, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of SBA Communications. 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.

SBA Communications stock price (NASDAQ:SBAC)

Use our graph to track the performance of SBAC stocks over time.

SBA Communications shares at a glance

Information last updated 2024-06-14.
OpenUS$195.78
HighUS$198.11
LowUS$194.95
CloseUS$195.96
Previous closeUS$197.01
Change US$-1.05
Change % -0.533%
Volume 436,329
Information last updated 2024-06-08.
52-week rangeUS$182.7328 - US$256.3366
50-day moving average US$199.1866
200-day moving average US$216.2207
Target priceUS$246.14
PE ratio 37.8454
Dividend yield US$3.53 (2.03%)
Earnings per share (TTM) US$5.11

SBA Communications share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

SBA Communications price performance over time

Historical closes compared with the last close of $195.96

1 week (2024-06-06) 0.30%
1 month (2024-05-16) -3.41%
3 months (2024-03-15) -9.06%
6 months (2023-12-15) -21.14%
1 year (2023-06-15) -16.24%
2 years (2022-06-15) -34.98%
3 years (2021-06-15) -38.71%
5 years (2019-06-14) -13.48%

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy SBA Communications stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Is SBA Communications under- or over-valued?

Valuing SBA Communications stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SBA Communications's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

SBA Communications's P/E ratio

SBA Communications's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, SBA Communications shares trade at around 38x 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's PEG ratio

SBA Communications's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.8316. 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'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's EBITDA

SBA Communications's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.8 billion (£1.4 billion).

The EBITDA is a measure of a SBA Communications's overall financial performance and is widely used to measure stock profitability.

SBA Communications share price volatility

Over the last 12 months, SBA Communications's shares have ranged in value from as little as US$182.7328 up to US$256.3366. A popular way to gauge a stock's volatility is its "beta".

SBAC.US volatility(beta: 0.65)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while SBA Communications's is 0.647. This would suggest that SBA Communications's shares are less volatile than average (for this exchange).

SBA Communications financials

Revenue TTM US$2.7 billion
Operating margin TTM 55.03%
Gross profit TTM US$1.9 billion
Return on assets TTM 7.24%
Return on equity TTM 0%
Profit margin 20.61%
Book value -48.413
Market capitalisation US$20.8 billion

TTM: trailing 12 months

SBA Communications share dividends

72%

Dividend payout ratio: 71.76% of net profits

Recently SBA Communications has paid out, on average, around 71.76% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.03% 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 shareholders could enjoy a 2.03% return on their shares, in the form of dividend payments. In SBA Communications's case, that would currently equate to about $3.53 per share.

SBA Communications's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

SBA Communications's most recent dividend payout was on 18 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 21 May 2024 (the "ex-dividend date").

SBA Communications'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.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

SBA Communications'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'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 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's environmental score

Environmental score: 1.36/100

SBA Communications'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 is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

SBA Communications's social score

Social score: 6.76/100

SBA Communications'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 is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

SBA Communications's governance score

Governance score: 7.83/100

SBA Communications's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that SBA Communications 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

SBA Communications Corp was last rated for ESG on: 2019-01-01.

Total ESG score 17.44
Total ESG percentile 12.92
Environmental score 1.36
Environmental score percentile 2
Social score 6.76
Social score percentile 2
Governance score 7.83
Governance score percentile 2

SBA Communications overview

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization.

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