Large-cap Real Estate company SBA Communications has logged a -2.0% change today on a trading volume of 1,024,713. The average volume for the stock is 751,614.
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. Based in Boca Raton, United States the company has 1,720 full time employees and a market cap of $21,912,295,424. SBA Communications currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -20.38% away from its average analyst target price of $256.29 per share. The 17 analysts following the stock have set target prices ranging from $230.0 to $285.0, and on average give SBA Communications a rating of buy.
Over the last 12 months SBAC shares have declined by -8.1%, which represents a difference of -24.0% when compared to the S&P 500. The stock's 52 week high is $252.64 per share and its 52 week low is $192.55. Based on SBA Communications's average net margin growth of 26.0% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 2,679,634 | 749,536 | 28 | 47.37 |
| 2023 | 2,711,584 | 501,812 | 19 | 5.56 |
| 2022 | 2,633,454 | 461,429 | 18 | 80.0 |
| 2021 | 2,308,834 | 237,624 | 10 | 900.0 |
| 2020 | 2,083,138 | 24,104 | 1 | -85.71 |
| 2019 | 2,014,645 | 146,991 | 7 |
