EPS for SBA Communications Corporation (SBAC) forecasted at $0.22

April 16, 2018 - By Theresa Judd

Big Money Sentiment increased to 2 in 2017 Q4. It has change of 2.00, from 2017Q3’s 0. The ratio is positive due to SBA Communications Corporation positioning: 2 sold and 0 reduced. 3 funds acquired positions and 1 increased positions. Investors holded 3.17 million in 2017Q3 but now own 2.57 million shares or 18.94% less.
Eqis Cap Management stated it has 1,407 shs. Akre Capital Mgmt Ltd Liability reported 2.47 million shs. Hanseatic Mgmt Ser has 226 shs for 0.04% of their capital. Magellan Asset Mgmt has 0.04% invested in SBA Communications Corporation (NASDAQ:SBAC) for 79,702 shs. Cibc World Mkts Corp has invested 0.03% in SBA Communications Corporation (NASDAQ:SBAC).

SBA Communications Corporation had 0 insider sales and 1 buy since March 12, 2018. This’s net activity of $83,645.

Earnings report for SBA Communications Corporation (NASDAQ:SBAC) is anticipated On May, 7., according to Faxor. This year’s EPS analyst estimate is anticipated to be $0.22. That is 29.03 % down compareed to $0.31 EPS for last year. If EPS of $0.22 is published the profit of SBAC could be $25.61 million giving it 188.81 P/E. Last quarter $0.23 EPS was reported. Analysts forecasts -4.35 % negative EPS growth this quarter. On during the last trading session the stock increased $1.61 or 0.98%, reaching $166.15.Currently SBA Communications Corporation is uptrending after 44.40% change in last April 16, 2017. SBAC has 636,028 shares volume. The stock outperformed the S&P500 by 32.85%.

SBA Communications Corporation (NASDAQ:SBAC) Ratings Coverage

Total analysts of 12 have positions in SBA Comms (NASDAQ:SBAC) as follows: 9 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 75%. Since October 17, 2017 according to StockzIntelligence Inc SBA Comms has 20 analyst reports. The company rating was maintained by Cowen & Co on Tuesday, October 17. In Monday, November 6 report KeyBanc Capital Markets maintained the stock with “Overweight” rating. On Monday, November 27 KeyBanc Capital Markets maintained SBA Communications Corporation (NASDAQ:SBAC) with “Buy” rating. The company rating was maintained by SunTrust on Wednesday, November 15. On Wednesday, December 6 the stock of SBA Communications Corporation (NASDAQ:SBAC) earned “Buy” rating by SunTrust. The company rating was maintained by Cowen & Co on Tuesday, December 5. The stock rating was maintained by Wells Fargo with “Market Perform” on Tuesday, February 27. On Tuesday, February 27 Deutsche Bank maintained SBA Communications Corporation (NASDAQ:SBAC) with “Hold” rating. On Tuesday, February 27 Guggenheim maintained SBA Communications Corporation (NASDAQ:SBAC) with “Buy” rating. The company rating was maintained by Morgan Stanley on Tuesday, November 14.

SBA Communications Corporation operates as a real estate investment trust.The company has $19.35 billion market cap. The firm operates through two divisions, Site Leasing and Site Development.The P/E ratio is 193.2. It owns and operates wireless communications infrastructure, including tower structures, rooftop, and other structures that support antennas used for wireless communications.

SBA Communications Corporation (NASDAQ:SBAC) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: