SBA Communications Corporation (SBAC) Stock

About SBA Communications Corporation

SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.

SBA Communications Corporation is led by CEO Brendan Thomas Cavanagh, employs 1,720 people, headquartered in Boca Raton, US, publicly traded since 1999.

SBA Communications Corporation (SBAC) stock trades at $173.57 with a market capitalization of $18.41B. The stock is valued at a price-to-earnings (P/E) ratio of 18.19, price-to-book of -3.87, price-to-sales of 6.45. Over the past 52 weeks the stock has ranged between $162.41 and $234.64, and currently trades 26.0% below its 52-week high. It pays a dividend yielding 2.88%.

On profitability, SBA Communications Corporation generates a return on equity (ROE) of -20.90%, return on capital employed of 16.23%, an operating margin of 52.42%, a net profit margin of 35.66%.

In its most recent fiscal year, SBA Communications Corporation reported annual revenue of $2.8B, net profit of $1.1B, revenue has compounded at 6.2% a year over the last five years, profit at 113.1% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of -3.24 — a conservative balance sheet with little leverage risk, a current ratio of 0.20, total assets of $11.6B, $432.0M in cash and equivalents.

SBAC has an average daily trading volume of 937,011 shares, a beta of 1.00.

Official website: www.sbasite.com