# SBA Communications Corporation  Share Price Target ‘$263.29’, now 30.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/sba-communications-corporation-share-price-target-263.29-now-30.4-upside-potential/4121154294
- Published: 2024-05-01T14:06:38+01:00
- Author: Charlotte Edwards

**SBA Communications Corporation** with ticker code (SBAC) have now 14 analysts 
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $304.00 and $225.00 with the average share target 
price sitting at $263.29. (at the time of writing). Now with the previous closing
price of $201.89 and the analysts are correct then there would likely be a percentage
uptick in value of 30.4%. Also worth taking note is the 50 day moving average now
sits at $209.30 and the 200 day MA is $220.19. The company has a market cap of 20.08B.
The stock price for the company is currently is currently $186.12 USD

 The potential market cap would be $26,185,056,789 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 36.49, revenue per share of $24.90
and a 7.25% 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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