Analysts See $1.83 EPS for SBA Communications Corporation (SBAC) as of February, 25

Big Money Sentiment decreased to 0.5 in Q3 2018. It has change of 1.50, from 2018Q2’s 2. The ratio dropped due to SBA Communications Corporation positioning: 1 sold and 1 reduced. 1 funds bought holdings and 0 increased holdings. Investors holded 2.48 million in 2018Q2 but now own 2.48 million shares or 0.05% less.
Akre Mgmt Ltd Liability Company, a Virginia-based fund reported 2.47M shs. Huntington Natl Bank holds 0% of its capital in SBA Communications Corporation (NASDAQ:SBAC) for 1 shs. Cibc World holds 0.02% in SBA Communications Corporation (NASDAQ:SBAC) or 15,135 shs. Hanseatic Management holds 0.03% or 226 shs in its capital.

SBA Communications Corporation registered $76.91 million net activity with 0 insider buys and 13 insider sales since August 15, 2018. The insider STOOPS JEFFREY sold 40,000 shs worth $6.17 million. 12,543 shs valued at $2.16 million were sold by COCROFT DUNCAN on Monday, November 19. Ciarfella Mark R had sold 8,377 shs worth $1.43M on Thursday, November 8. Shares for $42,823 were sold by CARR BRIAN C. Shares for $71,448 were sold by Krouse George R Jr. $13.78 million worth of SBA Communications Corporation (NASDAQ:SBAC) was sold by HUNT THOMAS P on Monday, November 19.

SBA Communications Corporation (NASDAQ:SBAC)’s earnings report is awaited on February, 25., as reported by RTT. Analysts predict $1.83 earnings per share. That’s $1.60 up or 695.65 % from 2018’s earnings of $0.23. In case of $1.83 earnings per share SBAC’s profit could reach $207.38M. Last quarter $1.92 earnings per share was reported. Analysts sees -4.69 % negative EPS growth this quarter. SBAC is hitting $185.11 during the last trading session, after increased 0.50%.SBA Communications Corporation has volume of 82,590 shares. Since February 15, 2018 SBAC has risen 1.31% and is uptrending. SBAC outperformed by 1.31% the S&P500.

SBA Communications Corporation (NASDAQ:SBAC) Ratings Coverage

In total 4 analysts cover SBA Communications (NASDAQ:SBAC). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. (NASDAQ:SBAC) has 75% bullish analysts. 5 are the (NASDAQ:SBAC)’s ratings reports on Feb 15, 2019 according to StockzIntelligence Inc. On Wednesday, August 29 the firm has “Neutral” rating by Macquarie Research given. On Tuesday, November 6 the firm has “Buy” rating given by Citigroup. On Tuesday, February 12 KeyBanc Capital Markets maintained the shares of SBAC in report with “Overweight” rating. In Wednesday, October 31 report Citigroup upgraded it to “Buy” rating and $187 target. On Thursday, August 16 Morgan Stanley maintained SBA Communications Corporation (NASDAQ:SBAC) rating. Morgan Stanley has “Overweight” rating and $176 target.

SBA Communications Corporation operates as a real estate investment trust.The firm is worth $20.98 billion. The firm operates through two divisions, Site Leasing and Site Development.Currently it has negative earnings. It owns and operates wireless communications infrastructure, including tower structures, rooftop, and other structures that support antennas used for wireless communications.

For more SBA Communications Corporation (NASDAQ:SBAC) news posted recently go to: Seekingalpha.com, Investorplace.com, Investorplace.com, 247Wallst.com or Nasdaq.com. The titles are as follows: “SBA Communications Corporation (SBAC) CEO Jeff Stoops on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” posted on November 05, 2018, “The Top 5G Stocks to Watch Now – Investorplace.com” on November 26, 2018, “3 Big Stock Charts for Tuesday: SBA Communications, Pfizer and Range Resources – Investorplace.com” with a publish date: July 10, 2018, “Why This Analyst Loves 3 Stocks Affected by Sprint, T-Mobile Merger Talks – 24/7 Wall St.” and the last “Franco-Nevada Corporation (FNV) Ex-Dividend Date Scheduled for September 12, 2018 – Nasdaq” with publication date: September 11, 2018.

SBA Communications Corporation (NASDAQ:SBAC) Analyst Ratings Chart

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