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SBA Communications (SBAC)

(Delayed Data from NSDQ)

$197.93 USD

197.93
789,849

-1.07 (-0.54%)

Updated Apr 25, 2024 04:00 PM ET

After-Market: $198.66 +0.73 (0.37%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value C Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 41% (147 out of 251)

Industry: REIT and Equity Trust - Other

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Better trading starts here.

Balance Sheet

Research for SBAC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for SBA Communications Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 247 186 433 340 139
Receivables 183 184 102 74 132
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 55 113 80 59 64
Total Current Assets 484 483 614 473 334
Net Property & Equipment 2,712 2,714 2,575 2,677 2,795
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,456 2,776 2,803 3,156 3,627
Deposits & Other Assets 812 722 576 478 432
Total Assets 10,178 10,585 9,802 9,158 9,760
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 42 51 34 110 32
Current Portion Long-Term Debt 643 24 24 24 522
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 150 156 117 117 117
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 254 203 203 127 130
Total Current Liabilities 1,363 697 616 615 1,048
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 11,681 12,844 12,279 11,072 9,812
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 404 248 191 186 271
Minority Interest (Liabilities) 35 32 17 15 16
Total Liabilities 15,349 15,861 15,085 13,982 13,427
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 2,894 2,795 2,681 2,586 2,461
Retained Earnings -7,451 -7,482 -7,204 -6,604 -5,561
Other Equity -615 -591 -762 -808 -569
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity -5,171 -5,276 -5,283 -4,824 -3,667
Total Liabilities & Shareholder's Equity 10,178 10,585 9,802 9,158 9,760
Total Common Equity -5,171 -5,276 -5,283 -4,824 -3,667
Shares Outstanding 108.00 108.00 108.90 109.80 111.70
Book Value Per Share -47.88 -48.85 -48.52 -43.94 -32.83

Fiscal Year End for SBA Communications Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 247 228 251 189
Receivables NA 183 158 160 183
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 55 74 107 99
Total Current Assets NA 484 460 519 472
Net Property & Equipment NA 2,712 2,701 2,712 2,710
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 2,456 2,524 2,628 2,694
Deposits & Other Assets NA 812 845 855 771
Total Assets NA 10,178 10,334 10,604 10,542
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 42 47 47 54
Current Portion Long-Term Debt NA 643 24 24 24
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 150 123 139 121
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 254 197 253 170
Total Current Liabilities NA 1,363 663 738 639
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 11,681 12,491 12,572 12,798
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 332 331 303
Minority Interest (Liabilities) NA 35 35 38 38
Total Liabilities NA 15,349 15,501 15,697 15,811
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 2,894 2,848 2,825 2,800
Retained Earnings NA -7,451 -7,422 -7,363 -7,474
Other Equity NA -615 -594 -556 -596
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA -5,171 -5,166 -5,092 -5,269
Total Liabilities & Shareholder's Equity NA 10,178 10,334 10,604 10,542
Total Common Equity 0 -5,171 -5,166 -5,092 -5,269
Shares Outstanding 108.10 108.00 107.80 108.30 108.30
Book Value Per Share 0.00 -47.88 -47.93 -47.02 -48.65