After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that SBA Communications Corporation to Speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom Conference.
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Stocks Info
As a NASDAQ listed company, SBAC falls under the Real Estate sector while operating within the REIT – Specialty industry segment. The current market capitalization of SBA Communications Corp is $24.19B. A total of 0.95 million shares were traded on the day, compared to an average of 986.48K shares.
In the most recent transaction, Chan Mary S sold 1,977 shares of SBAC for 217.99 per share on Mar 05 ’24. After the transaction, the Director now owns 4,622 company shares. In a previous transaction on Dec 14 ’23, SILBERSTEIN JASON V sold 16,465 shares at 255.44 per share. SBAC shares that EVP – Site Leasing owns now total 29,908.
Among the insiders who sold shares, Lazarus Brian D disposed of 20,605 shares on Dec 13 ’23 at a per-share price of $249.35. This resulted in the SVP & Chief Accounting Officer holding 7,085 shares of SBAC after the transaction. In another insider transaction, BERNSTEIN STEVEN E sold 7,300 shares at $253.89 per share on Dec 06 ’23. Company shares held by the Chairman now total 2,903.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. SBA Communications Corp pays an annual dividend of $2.55, resulting in a dividend yield of 1.14%, and it has a price to earnings (P/E) ratio of 48.56. SBAC’s most recent ex-dividend date was 3/13/2024 when it declared a $0.98 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/15/2023. The SBAC stock dividend was $0.85 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, SBAC has a high of $267.42 and a low of $185.23.
As of this writing, SBAC has an earnings estimate of $1.23 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $1.43 per share and a lower estimate of $1.03. The company reported an EPS of $0.8 in the last quarter, which was -32.80% lower than expectations of $1.19.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SBAC’s latest balance sheet shows that the firm has $368.06M in Cash & Short Term Investments as of fiscal 2021. There were $14.52B in debt and $616.33M in liabilities at the time. Its Book Value Per Share was -$47.86, while its Total Shareholder’s Equity was -$5.27B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SBAC is Buy with a score of 4.60.
