| SBA Communications is a holding company. Through its subsidiaries, Co. is an owner and operator of wireless communications infrastructure, including tower structures, rooftops, and other structures that support antennas used for wireless communications. Co.'s operations are in the U.S. and its territories. In its site leasing business, Co. leases antenna space to wireless service providers on towers that Co. owns or operates and manages rooftop and tower sites for property owners under contractual arrangements. Co.'s other business line is its site development business, through which Co. assists wireless service providers in developing and maintaining their own wireless service networks. We show 48 historical shares outstanding datapoints in our SBAC shares outstanding history coverage, used to compute SBAC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SBAC market cap history over the course of time is important for investors
interested in comparing SBAC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SBAC versus a peer is one thing; comparing
SBAC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SBAC can fluctuate over the course of history.
With this page we aim to empower investors researching SBAC by allowing them to research the SBAC market cap history.