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Sba Communications Corporation  (NASDAQ: SBAC)
Other Ticker:  
 
 
Price: $222.0900 $-0.75 -0.337%
Day's High: $223.8 Week Perf: -0.6 %
Day's Low: $ 219.38 30 Day Perf: 3.63 %
Volume (M): 856 52 Wk High: $ 252.64
Volume (M$): $ 190,153 52 Wk Avg: $214.73
Open: $221.79 52 Wk Low: $183.64



 Market Capitalization (Millions $) 23,986
 Shares Outstanding (Millions) 108
 Employees 1,787
 Revenues (TTM) (Millions $) 2,680
 Net Income (TTM) (Millions $) 749
 Cash Flow (TTM) (Millions $) 1,150
 Capital Exp. (TTM) (Millions $) 228

Sba Communications Corporation
SBA Communications Corporation is a prominent independent owner and operator of wireless communications infrastructure, with a focus on the Americas. Founded in 1989 by Paul C. Dykstra, the company is headquartered in Boca Raton, Florida, and has established a significant presence by operating over 33,000 wireless communication sites across 14 countries in North, Central, and South America.

The companys infrastructure comprises various types of facilities, including multi-tenant towers, rooftop installations, and small cell networks. These solutions cater to a diverse array of clients, including wireless service providers, government entities, broadcasters, and other organizations requiring reliable wireless infrastructure.

A key feature of SBA Communications operations is its portfolio of sites that offer unique colocation opportunities, allowing multiple wireless carriers to share infrastructure. This practice enhances the efficiency of resource use while reducing costs for carriers. Additionally, the company provides comprehensive site development services, encompassing zoning and permitting, construction, and ongoing maintenance.

SBA Communications business model is predicated on long-term leases with wireless carriers, which offers the company stable and predictable cash flows. This model has proven successful, enabling strong financial performance and sustained growth.

The company is also dedicated to sustainability, actively implementing environmentally responsible initiatives to minimize energy consumption, greenhouse gas emissions, and waste. This commitment reflects a broader trend within the industry toward adopting greener practices.

In recent developments, SBA Communications has been focusing on the expansion of small cell networks, essential for supporting the deployment of 5G technology. Their extensive expertise in wireless infrastructure positions the company to take advantage of the emerging opportunities presented by this next generation of wireless connectivity.

In summary, SBA Communications Corporation stands out as a vital entity in the telecommunications sector, delivering essential infrastructure that underpins the advancement of wireless communications throughout the Americas.


   Company Address: 8051 Congress Avenue Boca Raton 33487 FL
   Company Phone Number: 995-7670   Stock Exchange / Ticker: NASDAQ SBAC


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AMT   -3.33%    
CCI   -1.97%    
DLR   -1.97%    
EQIX   -1.97%    
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UNIT        4.62% 
• View Complete Report
   



Business Update

Navigating Tax Implications SBA Communications Corporation?s 2024 Distribution Overview for Informed Shareholder De...

Published Wed, Jan 22 2025 8:55 AM UTC

Understanding SBA Communications Corporation s 2024 Distribution Tax Reporting: Key Information for Shareholders Boca Raton, FL SBA Communications Corporation (Nasdaq: SBAC), a prominent player in the communications infrastructure sector, has recently released important year-end tax reporting information related to its 2024 cash distributions. This announcement emphasize...

Business Update

SBA Communications Corporation Releases 2024 Tax Reporting Information Amid Stock Performance Concerns

Published Tue, Jan 21 2025 5:59 PM UTC

Boca Raton, Fla. SBA Communications Corporation (Nasdaq: SBAC) has published year-end tax reporting information for its 2024 distributions, urging stockholders to consult with their tax advisors for personalized guidance. The information comes at a time when the company faces scrutiny over its recent stock performance, which has lagged behind both its customers and suppli...

Sba Communications Corporation

SBA Communications Corporation Struggles to Maintain Revenue Growth Amidst Industry Competition

The recent financial results of SBA Communications Corporation have raised concerns among investors as the company experienced a decline in revenue in the first quarter of 2024. Although the company managed to raise its earnings per share, this growth was overshadowed by the negative revenue growth of -2.613%. This is cause for alarm as revenue is a key indicator of a company's financial health and overall performance.
Furthermore, while the Real Estate Investment Trusts (REITs) industry as a whole demonstrated a top-line growth of 3.99% relative to the previous year's first quarter, SBA Communications Corporation failed to achieve similar growth. This suggests that the company is not keeping up with its competitors and may face challenges in capturing market share.

Sba Communications Corporation

Real Estate Investment Trusts Company Sees Revenue Softening in Q4 of 2023

The recent financial results of SBA Communications Corporation (NASDAQ: SBAC) show a mixed bag of outcomes. While revenue decreased year on year, the company was able to achieve growth in earnings per share and net earnings. This demonstrates SBA's ability to maintain profitability despite challenges in the market.
The increase in income per share by 5.91% shows that SBA is effectively managing its expenses and operations to improve bottom-line performance. The net earnings of $109.529 million in the most recent fiscal period is a positive sign of the company's financial health, marking a 6.77% increase from the previous year.

Management Changes

SBA Communications Announces Executive Officer Retirement and Appointments, Reflecting Strong Performance Amid Market Challenges

Published Fri, Feb 2 2024 1:50 PM UTC



SBA Communications Corporation (NASDAQ: SBAC), a leading provider of wireless communication infrastructure, has recently announced significant changes in its executive team. The retirement of Executive Vice President Jason Silberstein, effective August 1, 2024, marks the end of a remarkable career, while the promotion of Donald Day to Silberstein s position highlig...







Sba Communications's Segments
Domestic Site Leasing    69.63 % of total Revenue
International Site Leasing    24.09 % of total Revenue
Site Development    6.28 % of total Revenue
Brazil International Site Leasing    13.38 % of total Revenue

  Sba Communications Outlook

On October 28 2024 the Sba Communications provided following guidance

nnSBA Communications Corporation Announces Third Quarter 2024 Financial Results; Revises Annual Forecast and Declares Quarterly Dividendnn

Boca Raton, Florida ? SBA Communications Corporation (Nasdaq: SBAC), commonly referred to as SBA, has released its financial performance results for the third quarter of 2024, ending on September 30. The company reported a robust net income of $255.9 million, translating to an earnings per share (EPS) of $2.40. Additionally, SBA achieved an impressive Adjusted Funds From Operations (AFFO) per share of $3.32, which positions the company as a leader in its industry.

In a notable development, SBA has revised its full-year outlook for 2024, projecting increa...





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