Nomura Asset Management Co. Ltd. has elevated its stake in
SBA Communications Corporation (SBAC), showing the confidence of institutional investors. The stock continues to attract various investors including
Prudential PLC and
Vanguard Group Inc., both have increased their shares recently. Despite a reduction in the target price by Barclays, the bank still maintains a 'buy' rating for SBAC. SBA Communications' recent Q3 earnings showed records of revenue growth and an earning per share (EPS) of $2.20. The company's positive financial results have prompted a series of investments, including the significant commitment of $2.86 million by
Advisors Preferred LLC. Moreover, the CFO of SBAC delivered a presentation at the BofA 2025 Leveraged Finance Conference, showcasing the company's strong financial position. However, SBA has faced some challenges on its path with slower 5G deployment causing a temporary slide in its share value. A noteworthy development,
CVC DIF is acquiring SBA Communications’ Canadian tower business. An overall bullish sentiment surrounds SBAC on Wall St., thus, its stock is considered a profitable investment.
Sba Communications Corp SBAC News Analytics from Tue, 29 Apr 2025 07:00:00 GMT to Sat, 22 Nov 2025 10:57:15 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -5
