|Bid||201.11 x 900|
|Ask||207.11 x 1100|
|Day's range||200.87 - 205.79|
|52-week range||200.87 - 312.34|
|Beta (5Y monthly)||0.51|
|PE ratio (TTM)||43.25|
|Earnings date||30 Oct 2023 - 03 Nov 2023|
|Forward dividend & yield||3.40 (1.66%)|
|Ex-dividend date||23 Aug 2023|
|1y target est||282.25|
REITs' business usually buoys up on a stepped-up economy and a resilient job market, and therefore investing in WELL, AVB, EPRT and SBAC seems prudent.
Along with rivals American Tower (NYSE: AMT) and Crown Castle (NYSE: CCI), it's one of the pioneers in the cell tower business, and it, too, is investing in its own mix of traditional cell towers, data centers, distributed antenna systems for buildings and rooftops, fiber, and the other apparatus of the 5G rollout. All three of these tower operators went public in the late 90s, and SBAC's normalized total return, in fact, has handily outpaced American Tower and Crown Castle so far this century, as the chart below shows.
BOCA RATON, Fla., September 13, 2023--SBA Communications Corporation (NASDAQ: SBAC) ("SBA" or the "Company") today announced that Marc Montagner, a telecommunications and finance executive with over 30 years of experience, has been appointed as the next Executive Vice President & Chief Financial Officer of SBA, effective January 1, 2024.