SBA Communications Corporation Reports First Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend [Yahoo! Finance]
SBA Communications Corporation - Class A (SBAC)
Last sba communications corporation - class a earnings: 2/20 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.sbasite.com
Company Research
Source: Yahoo! Finance
Highlights of the first quarter include: Net income of $154.5 million or $1.42 per share AFFO per share of $3.29, representing a 5.1% growth over the prior year period Issued a new senior secured Term Loan B and increased and extended the maturity of the senior secured revolving credit facility Repurchased 0.9 million shares cumulatively in the first quarter and subsequent to quarter end In addition, the Company announced today that its Board of Directors has declared a quarterly cash dividend of $0.98 per share of the Company's Class A Common Stock. The distribution is payable June 19, 2024 to the shareholders of record at the close of business on May 23, 2024. "We had a solid start to 2024, producing operating and financial results in line with our expectations," commented Brendan Cavanagh, President and Chief Executive Officer. "Carrier activity throughout our markets remained measured in response to continued macro-economic financial pressures and the high cost of cap
Show less
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 | ||
Ticks | ||
|
Avg transaction size |
|
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
Sign Up Today
Opt-in for
SBAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
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
- SBA Communications Co. (NASDAQ: SBAC) had its price target lowered by analysts at Royal Bank of Canada from $250.00 to $235.00. They now have an "outperform" rating on the stock.MarketBeat
- SBA Communications Corporation to Speak at The JP Morgan 52nd Annual Global Technology, Media and Communications ConferenceBusiness Wire
- SBA Communications: Value Investors Having The Last Laugh [Seeking Alpha]Seeking Alpha
- SBA Communications Corporation (NASDAQ:SBAC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- SBA Communications' (SBAC) Q1 AFFO & Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
SBAC
Earnings
- 4/29/24 - Miss
SBAC
Sec Filings
- 5/7/24 - Form 4
- 5/6/24 - Form 10-Q
- 5/3/24 - Form 4
- SBAC's page on the SEC website