SBAC

SBA Communications Corp

173.41

Oct 21 • 3:59 PM ET -7.56 (-4.18%)

173.41

Aftermarket • 7:30 PM ET 0.00 (0.00%)

Real Estate REIT - Specialty USA Large NASD

Peers: CCI AMT DLR EQIX IRM LAMR UNIT OUT GLPI VICI

| Held by: VNQ VTI VOO VO IVV SPY RSP XLRE VUG SCHH

Scroll to Statements

Index	S&P 500
Market Cap	18.40B
Enterprise Value	30.83B
Income	990.71M
Sales	2.87B
Book/sh	-43.64
Cash/sh	3.63
Dividend Est.	5.00 (2.88%)
Dividend TTM	4.86 (2.80%)
Dividend Ex-Date	Aug 20, 2026
Dividend Gr. 3/5Y	16.06% 19.01%
Payout	45.31%
Employees	1844
IPO	Jun 16, 1999

P/E	18.67
Forward P/E	21.01
PEG	-
P/S	6.41
P/B	-
P/C	47.79
P/FCF	38.96
EV/EBITDA	16.49
EV/Sales	10.74
Quick Ratio	0.17
Current Ratio	0.17
Debt/Eq	-
LT Debt/Eq	-
Option/Short	Yes / Yes

EPS (ttm)	9.29
EPS next Y	8.25
EPS next Q	2.09
EPS this Y	-21.30%
EPS next Y	7.01%
EPS next 5Y	-2.74%
EPS past 3/5Y	32.43% 115.18%
Sales past 3/5Y	2.25% 6.21%
EPS Y/Y TTM	14.00%
Sales Y/Y TTM	5.36%
EPS Q/Q	-10.69%
Sales Q/Q	2.33%
Earnings	Nov 02 AMC
EPS/Sales Surpr.	1.34% 1.31%

Insider Own	0.70%
Insider Trans	-0.04%
Inst Own	102.21%
Inst Trans	-1.47%
ROA	8.80%
ROE	-
ROIC	21.91%
Gross Margin	63.75%
Oper. Margin	53.70%
Profit Margin	34.51%
SMA20	0.68%
SMA50	-3.25%
SMA200	-8.89%
Trades

Shs Outstand	106.09M
Shs Float	105.34M
Short Float	3.15%
Short Ratio	3.33
Short Interest	3.31M
52W High	224.46 -22.74%
52W Low	156.60 10.73%
Volatility	3.53% 3.19%
ATR (14)	5.97
RSI (14)	45.84
Beta	0.99
Rel Volume	1.50
Avg Volume	995.77K
Volume	1,497,459

Perf Week	-4.04%
Perf Month	-1.38%
Perf Quarter	-0.82%
Perf Half Y	-18.15%
Perf YTD	-10.35%
Perf Year	-12.27%
Perf 3Y	-9.63%
Perf 5Y	-49.02%
Perf 10Y	52.78%
Recom	2.00
Target Price	224.05
Prev Close	180.97
Price	173.41
Change %	-4.18%

Date	Action	Analyst	Rating Change	Price Target Change
Jul-17-26	Upgrade	Wells Fargo	Equal Weight → Overweight	$210
Jun-26-26	Resumed	Goldman	Neutral	$205
Apr-22-26	Upgrade	Truist	Hold → Buy	$247
Mar-31-26	Initiated	Truist	Hold	$193
Mar-05-26	Initiated	Bernstein	Mkt Perform	$218
Aug-27-25	Downgrade	BofA Securities	Buy → Neutral	$230
Jul-17-25	Initiated	Scotiabank	Sector Perform	$252
May-20-25	Downgrade	Deutsche Bank	Buy → Hold	$247
May-19-25	Resumed	BofA Securities	Buy	$260
Apr-01-25	Resumed	Morgan Stanley	Equal-Weight	$240
Jan-27-25	Initiated	JMP Securities	Mkt Outperform	$250
Dec-18-24	Downgrade	BMO Capital Markets	Outperform → Market Perform	$260 → $230
Jul-15-24	Downgrade	Wells Fargo	Overweight → Equal Weight	$230 → $220
Mar-07-24	Upgrade	BofA Securities	Neutral → Buy	$260
Dec-15-23	Upgrade	BMO Capital Markets	Market Perform → Outperform	$245 → $285
Aug-10-23	Downgrade	BofA Securities	Buy → Neutral	$245
Jul-13-23	Initiated	BMO Capital Markets	Market Perform	$260
Mar-30-23	Upgrade	MoffettNathanson	Market Perform → Outperform	$330 → $312
Jan-25-23	Upgrade	Wolfe Research	Underperform → Peer Perform
Apr-11-22	Downgrade	MoffettNathanson	Buy → Neutral	$393 → $380

Show Previous Ratings

Oct-21-26 04:30PM	SBA Communications Corp. stock underperforms Wednesday when compared to competitors (MarketWatch)
Oct-14-26 08:59AM	SBA Communications Corporation Sets Date for Third Quarter 2026 Earnings Release (Business Wire)
Oct-12-26 11:17AM	Bernstein says SpaceXs Grain spectrum deal is a catalyst for tower stocks (Blockspace)
Oct-09-26 12:07PM	SpaceXs mobile push wipes $45B off US telcos as tower stocks rise (Blockspace) +7.34%
11:34AM	Crown Castle Soars 13% as SpaceXs $8 Billion Spectrum Buy Keeps Tower Build Option Very Much Alive (TIKR)
10:43AM	Loading…
10:43AM	These Stocks Are the Hidden Winners of SpaceX's Spectrum Binge (Barrons.com)
06:58AM	Premarket Movers: CRWV, AMD And Other AI Stocks Rebound, SpaceX Deal Boosts Tower Shares (Stocktwits)
01:06AM	U.S. cell tower stocks rise on SpaceX spectrum buy (Investing.com)
Oct-08-26 08:52PM	SpaceX's Starlink Mobile plans are pressuring AT&T and Verizon shares (MarketWatch)
Oct-06-26 04:30PM	SBA Communications Corp. stock outperforms competitors on strong trading day (MarketWatch)
Sep-14-26 10:34AM	SBA Communications Corporation to Speak at RBC Capital Markets 2026 Global Communications and Infrastructure Conference (Business Wire)
Aug-30-26 05:47AM	Trump Real Estate Stock Trades Show June Net Selling (CRE Daily)
Aug-26-26 10:18AM	SBA Communications Corporation to Speak at Citi's 2026 Global TMT Conference and the BofA Securities 2026 Media, Communications and Entertainment Conference (Business Wire)
Aug-25-26 12:06PM	SBA Communications Corporation to Speak at the Goldman Sachs 2026 Communacopia + Technology Conference (Business Wire)
Aug-04-26 09:04PM	SBA Communications Corp (SBAC) (Q2 2026) Earnings Call Highlights: Solid FFO Growth, Strategic ... (GuruFocus.com) -5.06%
08:30AM	Loading…
08:30AM	SBA Communications Corporation Q2 2026 Earnings Call Summary (Moby)
Aug-03-26 04:14PM	SBA Communications: Q2 Earnings Snapshot (Associated Press)
04:04PM	SBA Communications Corporation Reports Second Quarter 2026 Results; Updates Full Year 2026 Outlook; and Declares Quarterly Cash Dividend (Business Wire)
Jul-27-26 04:56PM	Equinix Stock Has A Message For Management (Trefis)
Jul-16-26 09:12AM	SBA Communications Corporation Sets Date for Second Quarter 2026 Earnings Release (Business Wire)
Jul-10-26 04:30PM	SBA Communications Corp. stock outperforms competitors on strong trading day (MarketWatch)
Jun-04-26 04:30PM	SBA Communications Corp. stock outperforms competitors on strong trading day (MarketWatch) +5.73%
04:30PM	American Tower REIT stock outperforms competitors on strong trading day (MarketWatch)
May-04-26 10:43AM	SBA Communications Corporation to Speak at the JP Morgan 2026 Global Technology, Media and Communications Conference (Business Wire)
Apr-30-26 03:18AM	SBA Communications Corp (SBAC) Q1 2026 Earnings Call Highlights: Strong Performance Boosts ... (GuruFocus.com)
Apr-29-26 04:06PM	SBA Communications: Q1 Earnings Snapshot (Associated Press)
04:01PM	SBA Communications Corporation Reports First Quarter 2026 Results; Updates Full Year 2026 Outlook; and Declares Quarterly Cash Dividend (Business Wire)
Apr-15-26 09:39AM	SBA Communications Corporation Sets Date for First Quarter 2026 Earnings Release (Business Wire)
Apr-10-26 08:13AM	REIT M&A Activity Drives Strong Week for Dividend Dogs ETF (ETF Trends)
Apr-09-26 11:10AM	SBA Communications Stock Soars on Buyout Interest. What It Means for Tower Stocks. (Barrons.com)
01:44PM	Loading…
Apr-03-26 01:44PM	SBA Stock Just Had a Big Day. Why It's Suddenly Hot. (Barrons.com)
01:08PM	SBA Communications explores sale after takeover interest, shares jump 18.93% (GuruFocus.com)
Apr-02-26 07:50PM	Review & Preview: Streak Snapped (Barrons.com) +18.93%
04:01PM	SBA Communications Stock Jumps on Report of Sale Talks (Barrons.com)
Mar-20-26 05:31PM	Centuri Appoints New Independent Director Steven Nielsen to Board of Directors (Business Wire)
Mar-17-26 09:19AM	Is SBA Communications Stock Underperforming the Nasdaq? (Barchart)
Mar-13-26 02:00AM	REITs Are a Safe Place to Hide From Iran and AI (Barrons.com)
Mar-09-26 02:05PM	Analyst Report: SBA Communications Corporation (Morningstar Research)
Mar-06-26 06:50AM	Is Crown Castle Stock Underperforming the Nasdaq? (Barchart)
Mar-05-26 09:36AM	Meta downgraded, MongoDB upgraded: Wall Street's top analyst calls (The Fly)
Feb-27-26 10:58AM	SBA Communications' Q4 AFFO & Revenues Miss, Costs Increase (Zacks)
10:37AM	Analyst Report: SBA Communications Corporation (Morningstar Research)
05:45AM	SBA Communications Q4 Earnings Call Highlights (MarketBeat)
12:02AM	SBA Communications Corp (SBAC) Q4 2025 Earnings Call Highlights: Strong Dividend Growth and ... (GuruFocus.com)
Feb-26-26 06:00PM	Compared to Estimates, SBA Communications (SBAC) Q4 Earnings: A Look at Key Metrics (Zacks)
05:20PM	SBA Communications (SBAC) Q4 FFO and Revenues Miss Estimates (Zacks)
04:22PM	SBA Communications: Q4 Earnings Snapshot (Associated Press Finance)
04:01PM	SBA Communications Corporation Reports Fourth Quarter 2025 Results; Provides Full Year 2026 Outlook; and Declares Quarterly Cash Dividend (Business Wire)
Feb-25-26 08:05PM	VICI Properties Inc. (VICI) Q4 FFO Meet Estimates (Zacks)
09:36AM	SBA Communications Corporation to Speak at The Deutsche Bank 34th Annual Media, Internet and Telecom Conference (Business Wire)
Feb-23-26 12:00PM	SBA Communications to Report Q4 Earnings: What to Expect? (Zacks)
09:15AM	Insights Into SBA Communications (SBAC) Q4: Wall Street Projections for Key Metrics (Zacks)
Feb-19-26 10:14AM	SBA Communications Corporation to Speak at Citis 2026 Global Property CEO Conference (Business Wire)
07:03AM	Is Wall Street Bullish or Bearish on SBA Communications Stock? (Barchart)
Feb-17-26 10:04AM	SBA Communications Corporation to Speak at the Morgan Stanley Technology, Media and Telecom Conference (Business Wire)
Feb-16-26 10:56AM	SBA Communications Corporation to Speak at the Raymond James & Associates 47th Annual Institutional Investors Conference (Business Wire)
Feb-10-26 01:59AM	SBA Communications Corporation (SBAC) Faces Analyst Adjustments Amid Positive Credit Outlook (Insider Monkey)
Feb-04-26 06:15PM	Omega Healthcare Investors (OHI) Tops Q4 FFO and Revenue Estimates (Zacks)
Feb-03-26 09:37AM	SBA Communications Corporation Sets Date for Fourth Quarter 2025 Earnings Release (Business Wire)
Jan-21-26 08:55AM	Shorter DISH Lease Durations Lead to "Cleanest" 2026 Outlook for SBA Communications (SBAC) (Insider Monkey)
Jan-20-26 06:01AM	What to Expect From SBA Communications Next Quarterly Earnings Report (Barchart)
Jan-19-26 10:21AM	SBA Communications Corporation Announces Tax Reporting Information for 2025 Distributions (Business Wire)
Jan-16-26 03:04PM	JPMorgan Lowers the Firm's PT on SBA Communications (SBAC) Stock (Insider Monkey)
Jan-13-26 07:26AM	SBA Communications price target lowered to $240 from $245 at JPMorgan (TipRanks)
Dec-30-25 12:00PM	SBA Communications (SBAC) Upgraded to Buy: What Does It Mean for the Stock? (Zacks)
Dec-29-25 09:43AM	Here's Why SBA Communications (SBAC) Has Promising Organic Growth Prospects (Insider Monkey)
Dec-18-25 12:45PM	4 Reasons Why You Should Add SBAC Stock to Your Portfolio Now (Zacks)
Dec-10-25 08:40AM	Is SBA Communications Stock Underperforming the S&P 500? (Barchart)
Dec-04-25 11:10AM	Is it Wise to Retain SBA Communications Stock in Your Portfolio Now? (Zacks)
Dec-03-25 11:30AM	Why Is SBA Communications (SBAC) Down 4.7% Since Last Earnings Report? (Zacks)
Dec-02-25 01:25AM	Barclays is Positive on SBA Communications Corporation (SBAC) (Insider Monkey)
Dec-01-25 11:16AM	American Tower, Crown Castle downgraded as EchoStar disputes cloud tower leasing (Investing.com)
Nov-24-25 10:08AM	SBA Communications Corporation to Speak at the UBS Global Media and Communications Conference (Business Wire)
Nov-18-25 11:44AM	SBA Communications Corporation to Speak at the BofA Securities 2025 Leveraged Finance Conference (Business Wire)
Nov-04-25 08:14AM	SBA Communications' Q3 AFFO Beats Estimates, Revenues Grow Y/Y (Zacks)
02:12AM	Analyst Report: SBA Communications Corporation (Morningstar Research)
12:04AM	SBA Communications Corp (SBAC) Q3 2025 Earnings Call Highlights: Record Revenue Growth and ... (GuruFocus.com)
Nov-03-25 08:00PM	SBA Communications (SBAC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates (Zacks)
06:12PM	SBA Communications tops third-quarter estimates, raises 2025 revenue forecast (Reuters)
05:15PM	SBA Communications (SBAC) Tops Q3 FFO and Revenue Estimates (Zacks)
04:20PM	SBA Communications: Q3 Earnings Snapshot (Associated Press Finance)
04:01PM	SBA Communications Corporation Reports Third Quarter 2025 Results; Updates Full Year 2025 Outlook; and Declares Quarterly Cash Dividend (Business Wire)
Oct-31-25 08:05AM	SBA Communications (SBAC) Slid on Slower 5G Deployment (Insider Monkey)
Oct-29-25 01:35PM	SBA Communications to Report Q3 Earnings: What to Expect? (Zacks)
Oct-27-25 05:30PM	Alexandria Real Estate Equities (ARE) Lags Q3 FFO and Revenue Estimates (Zacks)
Oct-20-25 10:00AM	Is it Wise to Retain SBA Communications Stock in Your Portfolio Now? (Zacks)
Oct-13-25 11:17AM	SBA Communications Corporation Sets Date for Third Quarter 2025 Earnings Release (Business Wire)
Oct-08-25 06:20AM	What to Expect From SBA Communications Q3 2025 Earnings Report (Barchart)
Oct-02-25 02:08AM	KeyBanc Upgrades SBA Communications (SBAC) Outlook Despite Sector Challenges (Insider Monkey)
Oct-01-25 10:10AM	Is it Wise to Retain Crown Castle Stock in Your Portfolio for Now? (Zacks)
Sep-18-25 08:22AM	How Is SBA Communications' Stock Performance Compared to Other Digital Infrastructure and Real Estate Stocks? (Barchart)
Sep-09-25 02:20PM	Analyst Report: SBA Communications Corporation (Morningstar Research)
Sep-08-25 09:24AM	If You Invested $10K In SBA Communications Stock 10 Years Ago, How Much Would You Have Now? (Benzinga)
Aug-27-25 09:34AM	Micron initiated, Eli Lilly upgraded: Wall Street's top analyst calls (The Fly)
Aug-26-25 08:49AM	SBA Communications Corporation to Speak at the Goldman Sachs 2025 Communacopia + Technology Conference (Business Wire)
Aug-21-25 05:38AM	What Are Wall Street Analysts' Target Price for SBA Communications Stock? (Barchart)
Aug-20-25 10:42AM	SBA Communications Corporation to Speak at Citi's 2025 Global TMT Conference and the BofA Securities 2025 Media, Communications and Entertainment Conference (Business Wire)
Aug-19-25 08:58PM	Analyst Report: SBA Communications Corporation (Morningstar Research)
09:38AM	Stock Market News for Aug 19, 2025 (Zacks)
Aug-06-25 04:15PM	Con Edison Elects New Board Member (PR Newswire)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Montagner Marc	EVP - CHIEF FINANCIAL OFFICER	Oct 17 '26	Option Exercise	0.00	1,588	0	7,784	Oct 20 06:30 PM
Krouse George R Jr	Director	Aug 17 '26	Sale	182.67	300	54,802	8,512	Aug 19 06:30 PM
GEORGE R. KROUSE JR	Officer	Aug 17 '26	Proposed Sale	182.67	300	54,802		Aug 17 04:30 PM
DAY DONALD	EVP - SITE LEASING	Aug 01 '26	Option Exercise	0.00	457	0	10,163	Aug 04 06:30 PM
Krouse George R Jr	Director	May 13 '26	Option Exercise	212.31	501	106,367	9,312	May 15 06:30 PM
LANGER JACK	Director	May 13 '26	Option Exercise	212.31	1,501	318,677	10,200	May 15 06:30 PM
BEEBE KEVIN L	Director	May 13 '26	Option Exercise	212.31	1,501	318,677	18,136	May 15 06:30 PM
BERNSTEIN STEVEN E	Director	May 13 '26	Option Exercise	212.31	1,501	318,677	8,636	May 15 06:30 PM
Chan Mary S	Director	Apr 13 '26	Option Exercise	212.31	1,501	318,677	7,320	Apr 14 06:30 PM
Cavanagh Brendan Thomas	PRESIDENT AND CEO	Mar 06 '26	Option Exercise	0.00	19,084	0	65,751	Mar 09 06:30 PM
Ciarfella Mark R	EVP - OPERATIONS	Mar 06 '26	Option Exercise	0.00	8,383	0	43,497	Mar 09 06:30 PM
CANE RICHARD M	EVP; PRES. - INTERNATIONAL	Mar 06 '26	Option Exercise	0.00	8,319	0	13,017	Mar 09 06:30 PM
KOENIG JOSHUA	EXECUTIVE VP/GENERAL COUNSEL	Mar 06 '26	Option Exercise	0.00	7,985	0	11,481	Mar 09 06:30 PM
Montagner Marc	EVP - CHIEF FINANCIAL OFFICER	Mar 06 '26	Option Exercise	0.00	4,523	0	7,047	Mar 09 06:30 PM
DAY DONALD	EVP - SITE LEASING	Mar 06 '26	Option Exercise	0.00	3,791	0	10,210	Mar 09 06:30 PM
KREDI SAUL	VP & Chief Accounting Officer	Mar 06 '26	Option Exercise	0.00	2,537	0	7,895	Mar 09 06:30 PM
STOOPS JEFFREY	CHAIRMAN	Mar 06 '26	Option Exercise	0.00	24,276	0	149,019	Mar 09 06:30 PM
DAY DONALD	EVP - SITE LEASING	Feb 18 '26	Option Exercise	182.30	5,739	1,046,220	12,698	Feb 20 06:30 PM
KREDI SAUL	VP & Chief Accounting Officer	Jan 20 '26	Option Exercise	182.30	6,080	1,108,384	11,923	Jan 22 06:30 PM
KOENIG JOSHUA	EXECUTIVE VP/GENERAL COUNSEL	Jan 20 '26	Option Exercise	182.30	9,121	1,662,758	14,683	Jan 22 06:30 PM
Cavanagh Brendan Thomas	PRESIDENT AND CEO	Jan 20 '26	Option Exercise	182.30	55,741	10,161,584	105,733	Jan 22 06:30 PM
STOOPS JEFFREY	CHAIRMAN	Jan 20 '26	Option Exercise	182.30	149,446	27,244,006	269,649	Jan 22 06:30 PM
Ciarfella Mark R	EVP - OPERATIONS	Dec 05 '25	Option Exercise	0.00	215	0	37,824	Dec 09 06:30 PM

SBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment is involved in consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.

CEOMr. Brendan Thomas Cavanagh CPA

Founder & Independent DirectorMr. Steven E. Bernstein II

Executive VP & CFOMr. Marc R. Montagner

Executive Vice President of OperationsMr. Mark R. Ciarfella

Executive Vice PresidentMr. Joshua M. Koenig

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SBAC

SBA Communications Corp

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