MARKET

SBAC

SBAC

Sba Communications Corp
NASDAQ
250.57
+3.61
+1.46%
After Hours: 250.57 0 0.00% 16:03 12/01 EST
OPEN
246.60
PREV CLOSE
246.96
HIGH
251.20
LOW
244.71
VOLUME
801.75K
TURNOVER
0
52 WEEK HIGH
312.34
52 WEEK LOW
184.56
MARKET CAP
27.03B
P/E (TTM)
55.14
1D
5D
1M
3M
1Y
5Y
Cell-Tower REITs Are Beckoning Investors. Pick Up the Call.
Activist investor elliott management is pushing for changes at crown castle. Cell-tower reits have been out of favor this year due to higher interest rates. But the hedge fund's push could be good news for the stocks of the three reit companies. Crown, american tower and sba communications are cell-tower tenants.
Barron‘s · 1d ago
Crown Castle: An Activist Steps In To Reveal Significant Value
Elliott investment management has acquired a 10% stake in crown castle inc. And is pushing for significant changes in the company. Crown castle has underperformed its peers in the telecommunications industry, according to elliott investment management. The firm suggests that crown castle should sell or spin off its fiber and small cell operations.
Seeking Alpha · 4d ago
Crown Castle shares could see 13% upside with fiber business improvements - analyst
Crown castle shares could see upside of 8% to 13% with improvements to its fiber business, analyst says. Activist activist elliott investment management has taken a $2 billion stake in crown castle. The wireless tower owner's fiber segment could trade to 12x-15x, according to a citi analyst.
Seeking Alpha · 5d ago
US Housing Market Sends Mixed Signals: October New Home Sales Fall, Yet Building Permits Rise
New single-family home sales in october saw a 5.6% decrease from september. Sales of new houses reached a seasonally adjusted annual rate of 679,000 in october. The median sales price for new houses sold in october was $409,300. Regionally, sales trends were uneven, with declines in the west and midwest and increases in the northeast.
Benzinga · 5d ago
Three Ways The Herding Effect Is Rewarding And Punishing Investors Right Now
The herding effect drives market direction and sector-level investment themes. The nasdsaq-100 is in an ai-driven gold rush for the ages. Federal reserve gambits exaggerate the natural herding of the market. Heavy-handed central bank moves overwhelm the effect of economic fundamentals on the markets.
Seeking Alpha · 5d ago
Weekly Report: what happened at SBAC last week (1120-1124)?
Weekly Report · 6d ago
SBA Communications (NASDAQ:SBAC): A Pinnacle Performer in the REIT Realm
TipRanks · 11/24 22:27
SBA Communications (SBAC) Gets a Buy from RBC Capital
Rbc capital maintained a buy rating on sba communications (sbac) with a price target of $262.00. Jonathan atkin is a top 100 analyst with an average return of 11.2% and a 69.18% success rate. Corporate insider sentiment is negative on the stock.
TipRanks · 11/24 12:05
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About SBAC
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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