Last $106.48 USD
Change Today -0.19 / -0.18%
Volume 1.1M
SBAC On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 5:20 PM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

sba communications corp-cl a (SBAC) Snapshot

Open
$107.03
Previous Close
$106.67
Day High
$107.81
Day Low
$105.80
52 Week High
07/29/14 - $107.81
52 Week Low
08/19/13 - $71.10
Market Cap
13.7B
Average Volume 10 Days
1.1M
EPS TTM
$0.24
Shares Outstanding
128.8M
EX-Date
--
P/E TM
439.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for SBA COMMUNICATIONS CORP-CL A (SBAC)

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sba communications corp-cl a (SBAC) Details

SBA Communications Corporation owns and operates wireless communications tower structures, rooftops, and other structures that support antennas used for wireless communications in the United States and its territories, as well as in Canada, Central America, and South America. The company operates in two segments, Site Leasing and Site Development. SBA Communications Corporation leases antenna space to wireless service providers on towers that it own or operate; and manages rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2013, it owned 20,079 towers. The company also managed or leased approximately 4,800 actual or potential towers. In addition, it provides various site development services comprising network pre-design; site audits; identification of potential locations for towers and antennas; support in buying or leasing of the location; assistance in obtaining zoning approvals and permits; tower structure construction; antenna installation; and radio equipment installation, commissioning, and maintenance. SBA Communications Corporation was founded in 1989 and is headquartered in Boca Raton, Florida.

1,117 Employees
Last Reported Date: 02/27/14
Founded in 1989

sba communications corp-cl a (SBAC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $650.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $360.0K
Executive Vice President and President of Int...
Total Annual Compensation: $390.0K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $390.0K
Executive Vice President of Site Leasing
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

sba communications corp-cl a (SBAC) Key Developments

SBA Communications Mulls Acquisitions

SBA Communications Corp. (NasdaqGS:SBAC) is seeking acquisitions. Jeff Stoops, President and Chief Executive Officer of SBA Communications said, "With our long-term position believed secure, we expect our focus in Brazil for at least the remainder of this year will be organic growth and new site builds, perhaps with some smaller tuck-in acquisitions similar to our historic mom and pop activity in the US, should those opportunities arise."

SBA Communications Seeks Acquistions

SBA Communications Corp. (NasdaqGS:SBAC) will seek acquisitions. SBA Communications will focus in Brazil for at least remainder of this year and there will be organic growth and new site builds, perhaps with some smaller tuck-in acquisitions similar to historic mom and pop activity in US, should those opportunities arise.

SBA Communications Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Asset Impairment Charges for Second Quarter Ended June 30, 2014; Provides Earnings Guidance for Third Quarter Ending September 30, 2014 and Full Year of 2014

SBA Communications Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company's total revenues were $383.420 million compared to $324.305 million a year ago. Operating income was $83.317 million and loss before provision for income taxes of $7.424 million compared to operating income of $49.534 million and loss before provision for income taxes of $34.024 million reported a year ago. Net loss was $9,467,000 against $35,899,000 million a year ago. Net loss per common share was $0.07 against $0.28 a year ago. Net cash provided by operating activities was $168.994 million against $133.931 million a year ago. Capital expenditures were $39.913 million against $33.779 million a year ago. Adjusted EBITDA was $251.056 million against $196.389 million a year ago. Funds from operations were $149.952 million against $104.990 million a year ago. Adjusted FFO was $170.572 million or $1.31 per share against $129.452 million or $1.00 per share a year ago. For the six months period, the company's total revenues were $728.969 million compared to $637.377 million a year ago. The company reported operating income of $150.451 million and loss before provision for income taxes of $4.333 million compared to operating income of $106.300 million and loss before provision for income taxes of $57.041 million reported a year ago. Net loss was $8.061 million against $58.275 million a year ago. Net loss per common share was $0.06 against $0.46 a year ago. Net debt as at June 30, 2014 was 6,722.221 million. For the second quarter, the company reported asset impairment and decommission costs of $3.994 million against $6.493 million a year ago. The company provided its third quarter 2014 outlook and updated its full year 2014 outlook for anticipated results. For the third quarter ending September 30, 2014, the company expects to report total revenues of $380.5 million to $390.5 million, tower cash flow of $258.5 million to $263.5 million, adjusted EBITDA of $248.5 million to $253.5 million, AFFO of $158.5 million to $167.5 million and discretionary cash capital expenditures of $142.0 million to $152.0 million. For the full year of 2014, the company expects to report total revenues of $1,500.0 million to $1,520.0 million, tower cash flow of $1,021.0 million to $1,031.0 million, adjusted EBITDA of $982.0 million to $992.0 million, AFFO of $642.0 million to $669.0 million and discretionary cash capital expenditures of $1,732.0 million to $1,762.0 million.

 

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SBAC

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Valuation SBAC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 9.5x
Price/Book 83.7x
Price/Cash Flow 23.5x
TEV/Sales 4.5x
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