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Last $121.84 USD
Change Today +2.09 / 1.75%
Volume 719.4K
SBAC On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 04/20/15 All times are local (Market data is delayed by at least 15 minutes).

sba communications corp-cl a (SBAC) Snapshot

Open
$120.61
Previous Close
$119.75
Day High
$121.99
Day Low
$119.70
52 Week High
03/2/15 - $126.65
52 Week Low
04/28/14 - $87.98
Market Cap
15.8B
Average Volume 10 Days
764.3K
EPS TTM
$-0.05
Shares Outstanding
129.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SBA COMMUNICATIONS CORP-CL A (SBAC)

sba communications corp-cl a (SBAC) Related Businessweek News

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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, Canada, Central America, and Brazil. The company operates through two segments, Site Leasing and Site Development. It leases antenna space to wireless service providers on towers that it owns or operates; and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2014, the company owned 24,292 towers; and managed or leased approximately 5,000 actual or potential towers. It also provides a range of site development services, including site audits, identification of potential locations for towers and antennas, modification of lease agreements to add equipment to existing structures, support in buying or leasing of the location, 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.

1,259 Employees
Last Reported Date: 03/2/15
Founded in 1989

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

Chief Executive Officer, President and Direct...
Total Annual Compensation: $700.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $400.0K
Executive Vice President and President of Int...
Total Annual Compensation: $425.0K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $425.0K
Executive Vice President of Site Leasing
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2014.

sba communications corp-cl a (SBAC) Key Developments

SBA Communications Corporation Announces Appointment of Mary S. Chan to Board of Directors, Effective May 1, 2015

SBA Communications Corporation announced the appointment of Mary S. Chan to its board of directors. Ms. Chan brings to the SBA Board over 25 years of extensive experience in telecommunications and wireless technology industries, including roles at General Motors Corporation, Dell Inc., Alcatel-Lucent and predecessor Lucent Technologies, and AT&T Network Systems. Ms. Chan's appointment will be effective May 1, 2015. Ms. Chan will serve as an independent director and, concurrent with her appointment, SBA's Board will be expanded to eight members. From May 2012 to April 2015, Ms. Chan served as President, Global Connected Consumer & OnStar Service, at General Motors Corporation, where she led the development and execution of General Motors' strategic global infotainment plans, including the launch of 4G LTE connectivity across its global portfolio of vehicle brands.

SBA Mulls Acquisitions

SBA Communications Corp. (NasdaqGS:SBAC) is looking for acquisitions. Jeff Stoops, President and Chief Executive Officer of SBA Communications Corp. stated, "We are still working on the Brazilian acquisitions, Ric, and will be throughout the rest of 2015. And I would agree with that comment that there are opportunities where you will- you will find revenue in some of these situations and we have actually been the beneficiary of that already."

SBA Communications Corp. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended Dec. 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015

SBA Communications Corp. announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 31, 2014. For the quarter, the company reported total revenues of $404,734,000, operating income of $96,590,000, income before income taxes of $4,313,000, net income of $388,000, adjusted EBITDA of $266,692,000, AFFO of $181,506,000 or $1.39 per share compared to the total revenues of $335,396,000, operating income of $59,444,000, income before loss taxes of $21,915,000, net loss of $19,165,000 or $0.15 per basic and diluted share, adjusted EBITDA of $209,379,000, AFFO of $139,092,000 or $1.07 per share for the same quarter a year ago. For the year, the company reported total revenues of $1,526,996,000, operating income of $336,523,000, income before loss taxes of $15,660,000, net loss of $24,295,000 or $0.19 per basic and diluted share, net cash provided by operating activities of $186,355,000, capital expenditures of $79,904,000, compared to the total revenues of $1,304,866,000, operating income of $229,645,000, income before loss taxes of $57,218,000, net loss of $55,909,000 or $0.44 per basic and diluted share, net cash provided by operating activities of $154,538,000, capital expenditures of $65,520,000, for the previous year. Net debt as on December 31, 2014 was $7,772,489,000. The company provided earnings guidance for the first quarter and full year of 2015. For the first quarter ending March 31, 2015, the company expects total revenues in the range of $403 million to $413 million, adjusted EBITDA in the range of $265.5 million to $270.5 million, AFFO in the range of $174.5 million to $183.5 million and discretionary cash capital expenditure in the range of $116 million to $126 million. For the year 2015, the company expects total revenues in the range of $1,626 million to $1,671 million, adjusted EBITDA in the range of $1,088 million to $1,108.0 million, AFFO in the range of $723.0 million to $766.0 million and discretionary cash capital expenditure in the range of $509 million to $529 million.

 

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SBAC

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Price/Earnings NM Not Meaningful
Price/Sales 10.1x
Price/Book NM Not Meaningful
Price/Cash Flow 25.7x
TEV/Sales 5.0x
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