
The Nasdaq SBAC provides a wealth of financial data and insights for investors and analysts.
The SBAC's financial data includes revenue growth, gross margin, and operating margin, which can help investors understand a company's financial performance and potential for future growth.
SBAC companies have reported significant revenue growth, with some companies experiencing growth rates of over 50% year-over-year.
Investors can use this data to make informed investment decisions and stay ahead of the market.
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Financial Performance
SBAC's current ratio is 1.10, indicating that the company has enough current assets to cover its current liabilities. This suggests a relatively stable financial position.
SBAC's quick ratio is 0.20, which is lower than the current ratio, indicating that the company's current assets are not entirely liquid. However, the interest coverage ratio is 3.44, indicating that the company's interest expenses are manageable.
SBAC has a significant amount of debt, with a debt-to-EBITDA ratio of 8.66. This suggests that the company may be heavily reliant on its earnings before interest, taxes, depreciation, and amortization to service its debt.
Here is a summary of SBAC's key financial metrics:
SBAC's revenue has been growing, with a 1.2% increase from 2022 to 2023. The company's earnings per share (EPS) has also been increasing, with a 34.6% increase from 2022 to 2023.
Revenue Growth

Revenue growth is a crucial indicator of a company's financial health. SBA Communications has experienced steady revenue growth, with revenues of $693.7 million in the most recent quarter.
SBA Communications has grown year-over-year revenues for 1 quarter straight, showing a consistent upward trend. This is a positive sign for investors and stakeholders.
Here's a breakdown of SBA Communications' revenue growth over the past year:
Revenue growth is essential for companies to expand their operations, invest in new projects, and reward shareholders. SBA Communications' steady revenue growth suggests a solid financial foundation.
Taxes
In the past 12 months, SBAC has paid a significant amount in taxes, totaling $23.99 million.
This substantial tax payment is a notable aspect of SBAC's financial performance. The company's income tax liability is a major contributor to this amount.
We can break down SBAC's tax payment into two key components: income tax and effective tax rate. Here's a summary:
This effective tax rate of 3.10% indicates that for every dollar of income, SBAC pays 3.10 cents in taxes.
Price History & Performance

SBA Communications, a leading wireless infrastructure company, has seen its share price fluctuate over the years. The current share price is $218.20.
The company's stock has experienced a significant increase since its IPO, with a change of 2,358.59%. This is a remarkable turnaround, and it's a testament to the company's growth and stability.
The 52-week high for SBA Communications' stock price was $252.64, while the 52-week low was $183.64. This shows that the company's stock has had a decent range of movement.
Here's a summary of the company's price history:
Stock Statistics
The stock price of SBAC has seen a significant increase of +5.02% over the last 52 weeks. This is a notable trend in the company's financials.
The beta of 0.68 indicates that SBAC's price volatility has been lower than the market average, suggesting a relatively stable investment.
Here's a breakdown of some key statistics:
The average volume of SBAC stock over the past 20 days has been around 750,987 shares, indicating a moderate level of trading activity.
Share Statistics

Share Statistics can be a valuable tool for investors and analysts alike. SBAC has 107.56 million shares outstanding.
The number of shares has decreased by -0.76% in the past year, indicating a slight contraction in the company's ownership.
SBAC's shares have actually increased by +0.17% over the past quarter, showing a small uptick in the company's popularity.
Here's a breakdown of the ownership structure:
The float, or publicly available shares, is 106.76 million, which is a significant portion of the total shares outstanding.
Stock Price Statistics
Stock price statistics are a crucial aspect of understanding a company's financial health. The stock price of SBAC has increased by +5.02% in the last 52 weeks, indicating a positive trend.
The beta of SBAC is 0.68, which means its price volatility has been lower than the market average. This is a good sign for investors who are looking for a relatively stable investment.
The 52-Week Price Change is +5.02%, which is a significant increase. To put this into perspective, if you had invested $100 in SBAC 52 weeks ago, you would have $105.02 today.
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The 50-Day Moving Average is $203.92, and the 200-Day Moving Average is $214.84. These averages can help us understand the overall trend of the stock price.
The Relative Strength Index (RSI) of SBAC is 65.43, which indicates that the stock is neither overbought nor oversold. This is a neutral reading, suggesting that the stock price is stable.
Here's a summary of the key stock price statistics:
Financial Position
The company's financial position is a crucial aspect to consider when evaluating its overall health. The current ratio of 1.10 indicates that the company has a relatively modest amount of current assets compared to its current liabilities.
This means that the company may struggle to meet its short-term obligations if cash flow dries up. A quick ratio of 0.20, however, suggests that the company has a significant amount of liquid assets that can be quickly converted into cash to meet its short-term needs.
The interest coverage ratio of 3.44 is a positive sign, as it indicates that the company has sufficient earnings to cover its interest payments. This ratio suggests that the company is unlikely to default on its debt obligations in the near future.
Financial Position

The financial position of a company can be a complex topic, but let's break it down into simple terms. A current ratio of 1.10 indicates that the company has enough liquid assets to cover its short-term liabilities.
This ratio suggests that the company has a relatively stable financial position, but it's worth noting that a current ratio of 1.10 is actually quite low. Most companies aim for a ratio of 2:1 or higher.
The quick ratio, on the other hand, is a more conservative measure that only includes liquid assets that can be quickly converted to cash. In this case, the quick ratio is 0.20, which is a major concern.
A debt-to-equity ratio of n/a means that the company doesn't provide this information, but a debt-to-EBITDA ratio of 8.66 is a red flag. This suggests that the company is heavily reliant on debt to finance its operations.
A high interest coverage ratio of 3.44, however, indicates that the company can easily cover its interest payments. This is a positive sign, but it's essential to consider the company's overall financial position before making any conclusions.
Here's a summary of the financial position metrics:
Balance Sheet

The balance sheet is a snapshot of a company's financial position at a specific point in time. It provides a clear picture of what the company owns and owes.
Cash is a crucial component of a company's balance sheet, and in this case, the company has $189.84 million in cash. This amount can be used to cover immediate expenses and investments.
Total debt is another important aspect of the balance sheet, and here, the company has $15.76 billion in debt. This is a significant amount that the company needs to pay back.
The net cash position is calculated by subtracting total debt from cash and cash equivalents. In this case, the company has a net cash position of -$15.57 billion, which means it owes more than it owns.
To put this in perspective, the net cash position per share is -$144.72. This means that for every share of the company, there is a loss of $144.72.

Here's a summary of the company's key balance sheet metrics:
The company's equity, also known as book value, is -$5.06 billion, which means it has a negative book value per share of -$47.51. This indicates that the company's assets are worth less than its liabilities.
Working capital is the difference between current assets and current liabilities, and in this case, the company has $180.78 million in working capital. This amount can be used to cover short-term expenses and investments.
Additional reading: Financial Capital
Nasdaq: (23.6b)
The Nasdaq is a significant player in the global financial market, with a market capitalization of $23.6 billion.
This staggering figure reflects the Nasdaq's massive size and influence.
The Nasdaq is home to many of the world's largest and most successful companies, including tech giants like Google and Amazon.
Risk and Volatility
SBAC's financials reveal some interesting insights into its risk and volatility profile.
SBAC's debt is not well covered by its operating cash flow, indicating a potential liquidity risk. This could be a concern for investors looking for a stable financial position.
SBAC's price volatility is relatively low compared to the US market, with an average weekly movement of 3.7%. This suggests that the stock price is relatively stable.
In fact, SBAC's weekly volatility of 4% has been stable over the past year, indicating a consistent risk profile.
Suggestion: Financial Risk and Non Financial Risk
Price Volatility

SBAC's price volatility is relatively stable compared to the US market. The company's average weekly movement is 3.7%, which is lower than the market average of 6.0%. This stability is a positive sign for investors.
In fact, SBAC's weekly volatility has been stable over the past year, with a weekly movement of 4%. This consistency is a testament to the company's solid financial foundation.
Here's a comparison of SBAC's price volatility with other stocks in the industry and market:
This table highlights SBAC's relatively stable price volatility compared to other stocks in the industry and market.
Risk Analysis
Negative shareholders equity is a major red flag that can indicate a company is struggling to stay afloat. This can happen when a company's liabilities exceed its assets.
Debt is not well covered by operating cash flow, making it difficult for a company to meet its financial obligations.
Analyst Insights
Analysts have a consensus rating of Buy for SBA Communications, with an average rating based on 7 Buy ratings, 6 Hold ratings, and 0 Sell ratings.
The analysts' consensus price target is $249.24, which represents an estimated upside of 14.22% from the current price of $218.20.
The lowest downside price target is $220.00, which represents a downside risk of -0.83% from the current price.
Here's a summary of the analysts' opinions:
Dividends & Yields

The dividend payout is a crucial aspect of a company's financials, and in the case of SBAC, it pays an annual dividend of $4.44 per share.
This dividend amounts to a dividend yield of 2.04%, which is a relatively modest return compared to other investments.
SBAC has a strong track record of dividend growth, with a year-over-year increase of 14.73% over the past six years.
The payout ratio is a bit high at 63.98%, indicating that the company is paying out a significant portion of its earnings to shareholders.
Here's a breakdown of the dividend-related metrics for SBAC:
The buyback yield and shareholder yield are also worth noting, with values of 0.76% and 2.79% respectively.
Financial Efficiency
The financial efficiency of Nasdaq SBAC is quite impressive. The company's Return on Assets (ROA) is a respectable 8.94%, indicating that it's generating a significant amount of profit from its assets.
One notable metric is the Return on Invested Capital (ROIC) of 9.63%, which suggests that the company is effectively utilizing its invested capital to generate returns. This is a crucial aspect of financial efficiency, as it indicates the company's ability to generate returns from its investments.

The Return on Capital Employed (ROCE) of 16.05% is also noteworthy, as it indicates that the company is generating a substantial amount of profit from its capital employed. This is a significant improvement over the ROA and ROIC, indicating that the company is efficiently utilizing its capital to generate returns.
Here are the key financial efficiency metrics for Nasdaq SBAC:
The company's Revenue Per Employee of $1.50M is also a significant indicator of its financial efficiency, as it suggests that each employee is generating a substantial amount of revenue for the company.
Shareholder Returns
SBAC has delivered a 4.3% return over the past year, outpacing the US Specialized REITs industry's 3.1% return.
The 7-day return for SBAC was 3.9%, a significant difference from the US Specialized REITs industry's 0.8% return and the US Market's -3.6% return.
In comparison to the broader US Market, SBAC's 4.3% return over the past year is actually lower than the market's 16.9% return.
Here's a quick snapshot of the returns:
Share Buyback

Share Buyback can have a significant impact on a company's share price and earnings per share.
SBA Communications has a share repurchase program in place, which can result in a higher earnings per share when the share count drops.
A share repurchase program can affect share price, so it's worth keeping an eye on this aspect of a company's strategy.
The scale of a buyback program can be material, so it's essential to understand how it will impact the company's financials.
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Shareholder Returns
Let's take a closer look at the shareholder returns for SBAC. Over the past 7 days, SBAC's returns were 3.9%, which is a notable difference from the US Specialized REITs industry, which returned 0.8%.
The 7-day returns for SBAC are a significant improvement over the US Market, which returned -3.6%. This suggests that SBAC is a more stable investment option.
Here's a comparison of the returns for SBAC over the past year:
SBAC exceeded the US Specialized REITs industry returns over the past year, outperforming them by 1.2%.
Financial Summary

SBC's revenue grew from $1.4 billion in 2019 to $2.5 billion in 2021.
The company's net income increased from $1.2 billion in 2019 to $2.2 billion in 2021.
SBC's operating margin expanded from 85% in 2019 to 88% in 2021.
The company's cash and cash equivalents increased from $1.1 billion in 2019 to $2.3 billion in 2021.
SBC's total debt decreased from $2.5 billion in 2019 to $1.9 billion in 2021.
The company's diluted earnings per share (EPS) grew from $35.38 in 2019 to $51.91 in 2021.
SBC's return on equity (ROE) improved from 28% in 2019 to 32% in 2021.
The company's free cash flow increased from $1.2 billion in 2019 to $2.1 billion in 2021.
SBC's cash flow from operations grew from $1.4 billion in 2019 to $2.5 billion in 2021.
Frequently Asked Questions
Is SBAC a good stock to buy?
SBAC is considered a moderate buy by Wall Street analysts, with 8 buy and 1 strong buy ratings out of 13 recent analyst reviews. If you're considering investing, it's worth taking a closer look at the latest analyst opinions and market trends.
What is SBAC stock price forecast?
According to analyst ratings, SBAC's 12-month average price target is $254.55, indicating a potential 12.51% upside. This forecast suggests a strong outlook for SBA Communications Corporation's stock.
How much debt is the SBA Communications in?
As of September 2024, SBA Communications has a total debt of $14.52 billion USD on its balance sheet. This figure represents the company's outstanding liabilities at that time.
What is the annual revenue of SBA Communications?
SBA Communications' annual revenue is $2.661B as of September 30, 2024. Check our latest data for the most up-to-date information on their revenue trends.
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