SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa.
| Revenue (TTM) | $2.85B |
| Gross Profit (TTM) | $2.12B |
| EBITDA | $1.83B |
| Operating Margin | 52.40% |
| Return on Equity | 0.00% |
| Return on Assets | 8.57% |
| Revenue/Share (TTM) | $26.75 |
| Book Value | $-44.80 |
| Price-to-Book | 91.04 |
| Price-to-Sales (TTM) | 6.50 |
| EV/Revenue | 11.68 |
| EV/EBITDA | 16.50 |
| Quarterly Earnings Growth (YoY) | -14.70% |
| Quarterly Revenue Growth (YoY) | 5.90% |
| Shares Outstanding | $106.06M |
| Float | $105.28M |
| % Insiders | 0.77% |
| % Institutions | 100.80% |
Volatility is currently contracting
Evaluate the expected performance of SBA Communications (SBAC) for the quarter ended June 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
SBAC is expected to see Q2 revenue growth from network expansion and 5G demand, while higher costs and interest expenses may weigh on AFFO.
Even without rate cut assistance from the Federal Reserve, the real estate sector is delivering the goods for investors this year. Count the ALPS REIT Dividend Dogs ETF (RDOG) among the real estate ETFs displaying leadership traits.
SBA Communications climbs 14.8% in three months as tower leasing, colocation demand, expansion and dividend growth support its long-term outlook.
SBA Communications remains a buy, with the current valuation reflecting industry headwinds and offering upside on potential recovery. Q1 results beat expectations, guidance was raised, and AFFO per share is projected at $11.93–$12.38 for 2026, despite ongoing churn and refinancing pressures. Leverage remains elevated at 6.6x net debt/adj. EBITDA, but management targets investment-grade bond issuance in 2026 and maintains a sustainable dividend payout.
SBA Communications (SBAC) reported earnings 30 days ago. What's next for the stock?
SBA Communications Corporation (SBAC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
SBAC beat Q1 estimates as international leasing revenues surge 32.6%, helping lift full-year 2026 guidance despite rising costs.
SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.01 per share, beating the Zacks Consensus Estimate of $2.86 per share. This compares to FFO of $3.16 per share a year ago.
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended March 31, 2026. Highlights of the first quarter include: Net income attributable to SBA of $184.8 million or $1.74 per share Industry-leading AFFO per share of $3.03 Increased full year 2026 outlook across all key metrics Company-wide Tower Cash Flow margin of approximately 80% In addition, the Company announced today that its Board of Directors.
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