SBA Communications Corporation

SBAC

US78410G1040

Specialized REITs

Real-time Estimate Cboe BZX Other stock markets 12:20:35 2024-05-17 pm EDT			5-day change	1st Jan Change
200.8 ^USD	-1.02%		+1.31%	-21.12%

May. 15	Morgan Stanley Adjusts Price Target on SBA Communications to $232 From $243, Keeps Overweight Rating	MT
May. 14	Transcript : SBA Communications Corporation Presents at MoffettNathanson's Media, Internet & Communications Conference, May-14-2024 02:00 PM

SBA Communications Corporation Revises Earnings Guidance for the Full Year 2024

April 29, 2024 at 04:10 pm EDT

SBA Communications Corporation revised earnings guidance for the full year 2024. For the year, the company now expects total revenues of $2,657.0 million to $2,697.0 million, a decrease of $12 million from previous guidance provided on Feb. 26, 2024.

Latest news about SBA Communications Corporation

Morgan Stanley Adjusts Price Target on SBA Communications to $232 From $243, Keeps Overweight Rating	May. 15	MT
Transcript : SBA Communications Corporation Presents at MoffettNathanson's Media, Internet & Communications Conference, May-14-2024 02:00 PM	May. 14
RBC Adjusts Price Target on SBA Communications to $235 From $250	May. 09	MT
BMO Capital Adjusts Price Target on SBA Communications to $250 From $265	May. 06	MT
Deutsche Bank Adjusts SBA Communications Price Target to $230 From $245, Maintains Buy Rating	May. 02	MT
UBS Adjusts Price Target on SBA Communications to $255 From $262, Maintains Buy Rating	Apr. 30	MT
Jefferies Adjusts SBA Communications' Price Target to $214 From $225	Apr. 30	MT
KeyBanc Adjusts Price Target on SBA Communications to $227 From $276	Apr. 30	MT
Wells Fargo Adjusts Price Target on SBA Communications to $230 From $260	Apr. 30	MT
Barclays Adjusts Price Target on SBA Communications to $241 From $255	Apr. 30	MT
Raymond James Adjusts Price Target on SBA Communications to $298 From $304	Apr. 30	MT
TD Cowen Adjusts Price Target on SBA Communications to $253 From $266, Keeps Buy Rating	Apr. 30	MT
Citigroup Adjusts Price Target on SBA Communications to $260 From $290, Maintains Buy Rating	Apr. 30	MT
SBA Communications cuts annual revenue outlook on slowing wireless carrier activity	Apr. 29	RE
SBA Communications Q1 Adjusted FFO Rises, Revenue Falls; Sets 2024 Outlook	Apr. 29	MT
Transcript : SBA Communications Corporation, Q1 2024 Earnings Call, Apr 29, 2024	Apr. 29
Tranche Update on SBA Communications Corporation's Equity Buyback Plan announced on November 1, 2021.	Apr. 29	CI
SBA Communications Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 29	CI
SBA Communications Guides For Full Year 2024 AFFO of $13.09-$13.46 on Revenue of $2.657-$2.697 Billion, vs CIQ Analyst Consensus of $13.35/AFFO on Revenue of $2.69 Billion	Apr. 29	MT
Earnings Flash (SBAC) SBA COMMUNICATIONS Reports Q1 Revenue $657.9M	Apr. 29	MT
SBA Communications Corporation Revises Earnings Guidance for the Full Year 2024	Apr. 29	CI
SBA Communications Corporation Declares a Quarterly Cash Dividend on Class A Common Stock, Payable on June 19, 2024	Apr. 29	CI
SBA Communications Corporation acquired 11 Communication Sites for $9.2 million.	Apr. 28	CI
Crown Castle beats site rental revenue estimates on steady demand	Apr. 17	RE
Barclays Adjusts SBA Communications Price Target to $255 From $260	Apr. 17	MT

Chart SBA Communications Corporation

Duration

Period

More charts

Company Profile

SBA Communications Corporation owns, develops, and operates wireless communication structures. Sales break down by activity as follows: - leasing of spaces for antennas on communication towers (93.8%): at the end of 2020, owned 32,923 wireless towers. The group is also involved in leasing and managing towers for third parties. The United States accounts for 79.7% of net sales; - network development services (6.2%): supply of acquisition, zoning, and site authorization services, consulting services, and structure analysis for wireless communication providers related to installing communication equipment on towers, maintenance, etc.

Sector

Specialized REITs

Calendar

2024-05-20 - J.P. Morgan Global Technology, Media and Communications Conference

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for SBA Communications Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

202.9 USD

Average target price

246.4 USD

Spread / Average Target

+21.44%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Specialized REITs

	1st Jan change	Capi.
SBA COMMUNICATIONS CORPORATION	-21.12%	21.8B
AMERICAN TOWER CORPORATION	-9.80%	91.03B
EQUINIX, INC.	-0.17%	75.88B
DIGITAL REALTY TRUST, INC.	+7.77%	46.8B
CROWN CASTLE INC.	-10.35%	45.2B
IRON MOUNTAIN INCORPORATED	+17.36%	24.04B
LAMAR ADVERTISING COMPANY	+12.36%	12.29B
OUTFRONT MEDIA INC.	+6.23%	2.5B
KEPPEL DC REIT	-7.69%	2.29B
ARENA REIT	+3.77%	930M

Other Specialized REITs