Sba Communications Corp Stock Performance
| SBAC Stock | USD 196.80 0.74 0.38% |
The firm owns a Beta (Systematic Risk) of 1.29, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SBA Communications will likely underperform. SBA Communications Corp has an expected return of -0.21%. Please make sure to validate SBA Communications Corp standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if SBA Communications Corp performance from the past will be repeated in the future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days SBA Communications Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in May 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return 0.91 | Five Day Return 0.75 | Year To Date Return (22.11) | Ten Year Return 118.22 | All Time Return 2.1 K |
Forward Dividend Yield 0.0199 | Payout Ratio 0.7657 | Forward Dividend Rate 3.92 | Dividend Date 2024-03-28 | Ex Dividend Date 2024-03-13 |
1 | SBA Communications Corporation to Speak at the Raymond James Associates 45th Annual Institutional Investors Conference | 02/21/2024 |
2 | SBA Communications shares fall on earnings miss, weak guidance | 02/26/2024 |
3 | Decoding SBA Communications Corp A Strategic SWOT Insight | 02/29/2024 |
4 | Disposition of 310 shares by Cane Richard M of SBA Communications at 208.29 subject to Rule 16b-3 | 03/04/2024 |
5 | SBA Communications Corps Dividend Analysis | 03/12/2024 |
6 | A simple fix could boost bank backing for small-business equity funds | 03/19/2024 |
7 | American Homes 4 Rent, Essential Properties score upgrades in Citis Final Four | 03/22/2024 |
8 | Acquisition by Jeffrey Stoops of 20236 shares of SBA Communications subject to Rule 16b-3 | 03/25/2024 |
| SBA Communications dividend paid on 28th of March 2024 | 03/28/2024 |
9 | SBA forges ahead with Funding Circle license despite pushback | 04/04/2024 |
10 | SBA Communications Corporation Sets Date for First Quarter 2024 Earnings Release | 04/08/2024 |
11 | Clarius Group LLC Grows Stock Position in SBA Communications Co. - Defense World | 04/15/2024 |
| Begin Period Cash Flow | 185.7 M |
SBA |
SBA Communications Relative Risk vs. Return Landscape
If you would invest 22,627 in SBA Communications Corp on January 24, 2024 and sell it today you would lose (2,947) from holding SBA Communications Corp or give up 13.02% of portfolio value over 90 days. SBA Communications Corp is currently does not generate positive expected returns and assumes 1.7417% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than SBA, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SBA Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SBA Communications' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SBA Communications Corp, and traders can use it to determine the average amount a SBA Communications' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1204
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SBAC |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SBA Communications is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SBA Communications by adding SBA Communications to a well-diversified portfolio.
SBA Communications Fundamentals Growth
SBA Stock prices reflect investors' perceptions of the future prospects and financial health of SBA Communications, and SBA Communications fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SBA Stock performance.
| Return On Asset | 0.0647 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 35.57 B | ||||
| Shares Outstanding | 108.02 M | ||||
| Price To Earning | 79.43 X | ||||
| Price To Sales | 8.05 X | ||||
| Revenue | 2.71 B | ||||
| Gross Profit | 1.94 B | ||||
| EBITDA | 1.84 B | ||||
| Net Income | 501.81 M | ||||
| Cash And Equivalents | 201.21 M | ||||
| Cash Per Share | 1.86 X | ||||
| Total Debt | 14.46 B | ||||
| Debt To Equity | 16.46 % | ||||
| Current Ratio | 0.38 X | ||||
| Book Value Per Share | (47.86) X | ||||
| Cash Flow From Operations | 1.54 B | ||||
| Earnings Per Share | 4.60 X | ||||
| Market Capitalization | 21.26 B | ||||
| Total Asset | 10.18 B | ||||
| Retained Earnings | (7.45 B) | ||||
| Working Capital | (878.99 M) | ||||
| Current Asset | 858.2 M | ||||
| Current Liabilities | 738.77 M | ||||
About SBA Communications Performance
To evaluate SBA Communications Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SBA Communications generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SBA Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SBA Communications Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SBA's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00000027 | 0.00 | |
| Return On Tangible Assets | 0.06 | 0.07 | |
| Return On Capital Employed | 0.12 | 0.13 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | (0.1) | (0.09) |
Things to note about SBA Communications Corp performance evaluation
Checking the ongoing alerts about SBA Communications for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SBA Communications Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SBA Communications generated a negative expected return over the last 90 days | |
| The company currently holds 14.46 B in liabilities with Debt to Equity (D/E) ratio of 16.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SBA Communications Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SBA Communications until it has trouble settling it off, either with new capital or with free cash flow. So, SBA Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SBA Communications Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SBA to invest in growth at high rates of return. When we think about SBA Communications' use of debt, we should always consider it together with cash and equity. | |
| Over 99.0% of SBA Communications shares are owned by institutional investors | |
| On 28th of March 2024 SBA Communications paid $ 0.98 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Clarius Group LLC Grows Stock Position in SBA Communications Co. - Defense World |
- Analyzing SBA Communications' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether SBA Communications' stock is overvalued or undervalued compared to its peers.
- Examining SBA Communications' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating SBA Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of SBA Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SBA Communications' stock. These opinions can provide insight into SBA Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for SBA Stock analysis
When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is SBA Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.063 | Dividend Share 3.4 | Earnings Share 4.6 | Revenue Per Share 25.06 | Quarterly Revenue Growth (0.02) |
The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.