SBA Communications Corp - Ordinary Shares - Class A

NASDAQ:SBAC   3:59:58 PM EDT
269.10
+4.98 (+1.89%)
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Market Cap (Intraday)30.47B
Current PEN/A
Forward PE N/A
2yr Forward PE 94.42
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Estimates Current Quarter
Revenue$528.92 Million
Adjusted EPS$0.52
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10-Day MA$267.65
50-Day MA$281.28
200-Day MA$296.04
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SBA COMMUNICATIONS CORP Stock, NASDAQ:SBAC

8051 CONGRESS AVENUE, BOCA RATON, FL 33487
United States of America
Phone: 5612269345
Number of Employees: 1347

Description

SBA Communications Corporation operates as a real estate investment trust. The company operates through two segments, Site Leasing and Site Development. It owns and operates wireless communications infrastructure, including tower structures, rooftop, and other structures that support antennas used for wireless communications. As of December 31, 2016, the company owned 15,922 sites in the United States and its territories; and 10,275 towers in Canada, Central America, and South America. It also provides site development services, such as network pre-design; site audit; identification of potential locations for towers and antennas on existing infrastructure; support in leasing of the location; assistance in obtaining zoning approvals and permits; tower and related site construction; antenna installation; and radio equipment installation, commissioning, and maintenance. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. SBA Communications Corporation was founded in 1989 and is headquartered in Boca Raton, Florida.