Uncovering the Fundamentals of SBA Communications (SBAC)

Join us for a quick overview of SBA Communications, a Specialty Real Estate Investment Trust company whose shares moved 1.9% today. Here are some facts about the stock that should help you see the bigger picture:

  • SBA Communications has moved -13.8% over the last year, and the S&P 500 logged a change of 28.7%

  • SBAC has an average analyst rating of buy and is -18.43% away from its mean target price of $264.79 per share

  • Its trailing earnings per share (EPS) is $4.69

  • SBA Communications has a trailing 12 month Price to Earnings (P/E) ratio of 46.1 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $6.42 and its forward P/E ratio is 33.6

  • SBA Communications is part of the Real Estate sector, which has an average P/E ratio of 25.55 and an average P/B of 2.1

  • SBAC has reported YOY quarterly earnings growth of 6.3% and gross profit margins of 0.8%

  • The company has a free cash flow of $992.1 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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