What is KeyCorp’s Forecast for SBAC Q1 Earnings?

SBA Communications Corporation (NASDAQ:SBAC) – KeyCorp issued their Q1 2027 earnings per share estimates for shares of SBA Communications in a research report issued on Monday, November 2nd. KeyCorp analyst B. Nispel forecasts that the technology company will earn $2.78 per share for the quarter. The consensus estimate for SBA Communications’ current full-year earnings is $11.45 per share. KeyCorp also issued estimates for SBA Communications’ Q2 2027 earnings at $2.72 EPS, Q3 2027 earnings at $2.89 EPS and Q4 2027 earnings at $2.86 EPS.

SBA Communications (NASDAQ:SBAC) last announced its quarterly earnings results on Monday, November 2nd. The technology company reported $2.19 EPS for the quarter, beating the consensus estimate of $2.09 by $0.10. The business had revenue of $713.92 million for the quarter, compared to analyst estimates of $724.07 million. SBA Communications had a negative return on equity of 20.67% and a net margin of 34.54%. SBA Communications’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.30 EPS.

SBAC has been the subject of a number of other reports. UBS Group cut SBA Communications from a “market perform” rating to a “hold” rating in a report on Monday, August 24th. BMO Capital Markets reaffirmed a “market perform” rating on shares of SBA Communications in a report on Monday, August 24th. Citigroup reiterated a “market outperform” rating on shares of SBA Communications in a research report on Tuesday, November 3rd. Wolfe Research upgraded shares of SBA Communications from a “hold” rating to an “outperform” rating in a research report on Tuesday, August 4th. Finally, Sanford C. Bernstein cut their price target on shares of SBA Communications from $219.00 to $208.00 and set a “market perform” rating for the company in a report on Tuesday, October 20th. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $224.64.

SBA Communications Price Performance

SBA Communications stock opened at $190.35 on Tuesday. The stock has a fifty day moving average price of $179.79 and a two-hundred day moving average price of $190.02. SBA Communications has a 52-week low of $156.60 and a 52-week high of $224.46. The firm has a market capitalization of $20.19 billion, a P/E ratio of 20.53, a P/E/G ratio of 1.96 and a beta of 0.97.

SBA Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 12th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, November 12th. SBA Communications’s dividend payout ratio (DPR) is currently 53.94%.

Insider Transactions at SBA Communications

In other SBA Communications news, Director George R. Krouse, Jr. sold 300 shares of SBA Communications stock in a transaction on Monday, August 17th. The stock was sold at an average price of $182.67, for a total value of $54,801.00. Following the completion of the transaction, the director owned 8,512 shares in the company, valued at approximately $1,554,887.04. The trade was a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 9.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Plato Investment Management Ltd acquired a new stake in SBA Communications in the second quarter worth about $1,011,000. Nykredit A S bought a new position in shares of SBA Communications in the 2nd quarter valued at about $7,298,000. Headlands Technologies LLC grew its position in shares of SBA Communications by 303.5% during the 2nd quarter. Headlands Technologies LLC now owns 8,728 shares of the technology company’s stock worth $1,540,000 after buying an additional 6,565 shares during the period. Delta Global Management LP acquired a new stake in shares of SBA Communications during the 1st quarter worth approximately $2,162,000. Finally, Greenland Capital Management LP bought a new stake in shares of SBA Communications during the second quarter worth approximately $2,294,000. 97.35% of the stock is owned by institutional investors.

SBA Communications Company Profile