# SBA Communications Corporation – Consensus ‘buy’ rating and 1.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/sba-communications-corporation-consensus-buy-rating-and-1.2-upside-potential/4121135194
- Published: 2023-12-05T13:02:15+00:00
- Author: Charlotte Edwards

**SBA Communications Corporation** with ticker code (SBAC) have now 14 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The range
between the high target price and low target price is between $343.00 and $206.00
with the average target price sitting at $253.57. Given that the stocks previous
close was at $250.57 this indicates there is a potential upside of 1.2%. There is
a 50 day moving average of $213.10 while the 200 day moving average is $230.90. 
The company has a market capitalization of 26.85B. The current share price for the
company is: $248.90 USD

 The potential market cap would be $27,174,576,742 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 54.58, revenue per share of $25.16
and a 6.44% return on assets.

SBA Communications Corporation is an independent owner and operator of wireless 
communications infrastructure, including towers, buildings, rooftops, distributed
antenna systems (DAS) and small cells. The Company’s primary focus is the leasing
of antenna space on its multi-tenant towers to a variety of wireless service providers
under long-term lease contracts in the United States, South America, Central America,
Canada, South Africa, the Philippines, and Tanzania. It operates through two segments:
Domestic Site Leasing and International Site Leasing. Domestic Site Leasing segment
leases to T-Mobile, AT&T Wireless, Verizon Wireless, and DISH Wireless. The segment
owns approximately 17,416 sites in the United States and its territories. International
Site Leasing segment owns and operates approximately 21,895 towers in 15 international
markets throughout South America, Central America, Canada, South Africa, the Philippines,
and Tanzania.

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