After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that SBA Communications Corporation to Speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom Conference.
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Stocks Info
SBA Communications Corp is listed on the NASDAQ in the Real Estate sector while operating in the REIT – Specialty industry. The current market capitalization of SBA Communications Corp is $23.58B. A total of 0.77 million shares were traded on the day, compared to an average of 1.00M 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
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. SBA Communications Corp pays an annual dividend of $3.53, resulting in a dividend yield of 1.62%, and it has a price to earnings (P/E) ratio of 47.33. 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.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. 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 $1.22 per share for the current quarter. EPS was calculated based on a consensus of 10 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
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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.
