SBA Communications (SBAC) PT Raised to $141 at Cowen; 'Good 1Q17 Results, Slightly Raises 2017 Guidance'

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SBA Communications (SBAC) PT Raised to $137 at Barclays Following 1Q Report; 'Building a Beat & Raise Story'

May 2, 2017 12:11 PM EDT

Barclays raised its price target on SBA Communications (NASDAQ: SBAC) to $137.00 (from $136.00) while maintaining a Overweight rating, following the company's first quarter earnings report.

Analyst Amir Rozwadowski notes the company delivered solid first quarter results with revenue and AFFO per share... More

SBA Communications (SBAC) PT Raised to $150 at Jefferies Following 1Q

May 2, 2017 9:05 AM EDT

Jefferies raised its price target on SBA Communications (NASDAQ: SBAC) to $150.00 (from $133.00) while maintaining a Buy rating. 1Q Site leasing revenues of $397.6mn was 0.3% ahead of the Street's estimates. Site development revenue of $25.8mn beat the Street's $23.4mn estimates. AFFO per share of $1.69 beat... More

SBA Communications (SBAC) PT Raised to $131 at Goldman Sachs, "1Q17 reflects improved tower leasing"

May 2, 2017 7:19 AM EDT

Goldman Sachs raised its price target on SBA Communications (NASDAQ: SBAC) to $131.00 (from $121.00) while maintaining a Neutral rating.

Analyst Brett Feldman raises his estimate citing upside forecast for leasing activity. He raises FY 2017 EPS estimate from $0.89 to $0.98, raises FY 2018 EPS estimate from $1.70 to $1.74 and raises FY 2019 EPS estimate from $2.47 to $2.54.

... More

SBA Communications (SBAC): Raising PT On A Mostly InLine Quarter - Stifel

May 2, 2017 7:03 AM EDT

Stifel analyst, Matthew Heinz, reiterated his Buy rating on shares of SBA Communications (NASDAQ: SBAC) and raised his price target to $148 after the company SBAC reported 1Q17 AFFO/sh of $1.69, ahead of consensus of $1.67 and his slightly higher than consensus estimate of $1.68.

Revenues were $423.4M (+2% q/q;... More

SBA Communications (SBAC) Reports 0.31 EPS For Q1

May 1, 2017 4:05 PM EDT

SBA Communications (NASDAQ: SBAC) reported Q1 EOS 0.31, 11c above the analyst estimate of $0.20 may not compare. Revenue for the quarter came in at $423.4 million versus the consensus estimate of $418.52 million.

Guidance:

Sees Fy 2017 AFFO $6.65-6.99 versus consensus of $6.74, revenues of $1.685-1.725 billion... More