Stockreport
SBA Communications Corporation Reports Third Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend
Last sba communications corporation - class a earnings: 2/20 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations: ir.sbasite.com
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended September 30, 2024.Highlights of the third quarter include:Net income of $255.9 million or $2.40 per shareIndustry-leading AFFO per share of $3.32Increased full year 2024 outlook across all key metricsIssued $2.07 billion of Tower Securities at a blended effective rate of 4.778%, more than 1% below the previously estimated rateEntered into an agreement to purchase over 7,000 sites in Central America from MillicomSubsequent to the third quarter of 2024, SBA entered into an agreement to purchase over 7,000 communication sites in Central America from Millicom International Cellular S.A. (“Millicom”) for approximately $975.0 million in cash. These sites are located in Guatemala, Honduras, Panama, El Salvador, and Nicaragua, with significantly all cash flows denominated in USD. The sites to be acquired in this transaction are anticipated
[Read more]
| IMPACT SNAPSHOT | EVENT TIME: | SBAC | ||||
|---|---|---|---|---|---|---|
|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| LAST PRICE | ||
| VWAP | ||
|
High:
|
MAX UP |
High:
|
|
Low:
|
MAX DOWN |
Low:
|
|
%
|
POST NEWS RANGE |
%
|
|
|
PRICE CHANGE |
|
|
|
PRICE CHANGE PERCENTAGE |
|
|
|
S&P 500 (SPX) |
|
|
%
|
VOLUME RATIO |
%
|
| VOLUME (SHARES) | ||
| TICKS | ||
|
|
AVG SHARES PER TRADE |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
SBAC alerts
SBAC alerts
from News Quantified
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBAC alerts
High impacting SBA Communications Corporation - Class A news events
Weekly update
A roundup of the hottest topics
SBAC
NEWS
NEWS
- SBA Communications Corporation to Speak at the BofA Securities 2024 Leveraged Finance Conference[Business Wire]
- SBA Communications Co. (NASDAQ: SBAC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.[MarketBeat]
- SBA Communications Co. (NASDAQ: SBAC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.[MarketBeat]
- SBA Communications Co. (NASDAQ: SBAC) had its price target raised by analysts at TD Cowen from $251.00 to $261.00. They now have a "buy" rating on the stock.[MarketBeat]
- SBA Communications Co. (NASDAQ: SBAC) had its price target raised by analysts at BMO Capital Markets from $255.00 to $260.00. They now have an "outperform" rating on the stock.[MarketBeat]
- More
SBAC
SEC Filings
SEC Filings
- 11/1/24 - Form 10-Q
- 10/28/24 - Form 8-K
- 10/18/24 - Form 4
- SBAC's page on the SEC website
- More