SBA Communications Corporation (SBAC)

US — Real Estate Sector
Peers: EQR  WY  INVH  AVB  BEKE  LAMR  GLPI  ESS  MAA 

Automate Your Wheel Strategy on SBAC

With Tiblio's Option Bot, you can configure your own wheel strategy including SBAC - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol SBAC
  • Rev/Share 25.9444
  • Book/Share -30.1966
  • PB -4.203
  • Debt/Equity -3.0435
  • CurrentRatio 0.5044
  • ROIC 0.1189

 

  • MktCap 20738525721.0
  • FreeCF/Share 10.0446
  • PFCF 19.2043
  • PE 24.1985
  • Debt/Assets 1.3336
  • DivYield 0.023
  • ROE -0.1718

 

  • Rating B-
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade SBAC BofA Securities Buy Neutral -- $230 Aug. 27, 2025
Initiation SBAC Scotiabank -- Sector Perform -- $252 July 17, 2025
Downgrade SBAC Deutsche Bank Buy Hold -- $247 May 20, 2025
Resumed SBAC BofA Securities -- Buy -- $260 May 19, 2025
Resumed SBAC Morgan Stanley -- Equal Weight -- $240 April 1, 2025
Initiation SBAC JMP Securities -- Mkt Outperform -- $250 Jan. 27, 2025
Downgrade SBAC BMO Capital Markets Outperform Market Perform $260 $230 Dec. 18, 2024

News

SBA Communications: A Reasonably Priced Bet On Wireless
SBAC
Published: December 12, 2025 by: Seeking Alpha
Sentiment: Positive

SBA Communications is trading near five-year lows, offering fair value for a high-quality telecom infrastructure REIT. SBAC's business model features long-term, escalator-driven leases with major U.S. telecoms and 25% revenue exposure to international emerging markets. Despite high leverage, SBAC's strong cash flow margins and prudent deleveraging support steady AFFO per share growth and future M&A flexibility.

Read More
image for news SBA Communications: A Reasonably Priced Bet On Wireless
Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?
SBAC
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC leans on long-term tower leases and global portfolio expansion to tap rising mobile data demand. However, customer concentration and high debt levels pose risk.

Read More
image for news Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?
Why Is SBA Communications (SBAC) Down 4.7% Since Last Earnings Report?
SBAC
Published: December 03, 2025 by: Zacks Investment Research
Sentiment: Negative

SBA Communications (SBAC) reported earnings 30 days ago. What's next for the stock?

Read More
image for news Why Is SBA Communications (SBAC) Down 4.7% Since Last Earnings Report?
SBA Communications Corporation (SBAC) Presents at Bank of America Leveraged Finance Conference Transcript
SBAC
Published: December 02, 2025 by: Seeking Alpha
Sentiment: Neutral

SBA Communications Corporation (SBAC) Presents at Bank of America Leveraged Finance Conference Transcript

Read More
image for news SBA Communications Corporation (SBAC) Presents at Bank of America Leveraged Finance Conference Transcript
SBA Communications Corporation to Speak at the UBS Global Media and Communications Conference
SBAC
Published: November 24, 2025 by: Business Wire
Sentiment: Neutral

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the UBS Global Media and Communications Conference, Tuesday, December 9, 2025, at 2:15 PM (ET). The conference will be at the UBS Office on 11 Madison Avenue in New York. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA Communications Corporation is a leading i.

Read More
image for news SBA Communications Corporation to Speak at the UBS Global Media and Communications Conference
SBA Communications Corporation to Speak at the BofA Securities 2025 Leveraged Finance Conference
SBAC
Published: November 18, 2025 by: Business Wire
Sentiment: Neutral

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the BofA Securities 2025 Leveraged Finance Conference, Tuesday, December 2, 2025 at 10:50 AM (ET). The conference will be at The Boca Raton in Boca Raton, Florida. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA Communications Corporation is a leading independ.

Read More
image for news SBA Communications Corporation to Speak at the BofA Securities 2025 Leveraged Finance Conference
SBA Communications' Q3 AFFO Beats Estimates, Revenues Grow Y/Y
SBAC
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC posts solid Q3 revenue growth and beats AFFO estimates, driven by strong site-leasing and development activity.

Read More
image for news SBA Communications' Q3 AFFO Beats Estimates, Revenues Grow Y/Y
SBA Communications to Report Q3 Earnings: What to Expect?
SBAC
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

SBAC's Q3 results may show higher revenues year over year, but elevated sprint churn is likely to have weighed on AFFO per share.

Read More
image for news SBA Communications to Report Q3 Earnings: What to Expect?
Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?
SBAC
Published: October 20, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC's strong tower portfolio, long-term leases and expansion moves fuel growth. However, customer concentration and high debt levels pose risks.

Read More
image for news Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?
SBA Communications Corporation Sets Date for Third Quarter 2025 Earnings Release
SBAC
Published: October 13, 2025 by: Business Wire
Sentiment: Neutral

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its third quarter results on Monday, November 3, 2025 after market close. SBA will host a conference call on Monday, November 3, 2025 to discuss these results. The call may be accessed as follows: When: Monday, November 3, 2025 at 5:00 PM (EDT) Dial-in Number: 1-202-735-3323 Access Code: 8026533 Conference Name: SBA Third Quarter 2025 Results Replay Available:.

Read More
image for news SBA Communications Corporation Sets Date for Third Quarter 2025 Earnings Release
The State Of REITs: October 2025 Edition
AMT, BBRE, CIO, COLD, DFAR, DFGR, FREL, ICF, IYR, MRP, PECO, PLYM, RWR, SBAC, SCHH, UNIT, USRT, VNQ, WHLR, XLRE
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Negative

After a strong August, REITs faded slightly in September (-0.73%), pulling the REIT sector's year-to-date average total return down to (-1.74%). Mid-cap REITs (-0.92%) averaged the lowest total return in September. Large caps (-0.29%), micro caps (-0.79%), and small caps (-0.83%) averaged modestly smaller declines. Only 37.4% of REIT securities had a positive total return in September.

Read More
image for news The State Of REITs: October 2025 Edition
SBA Communications Setting Up Ahead Of American Tower
AMT, SBAC
Published: October 01, 2025 by: Seeking Alpha
Sentiment: Neutral

SBA Communications and American Tower have disappointed investors over the last 3 years. The primary issue was that investors overpaid for growth. The secondary issue was even that expected growth didn't materialize.

Read More
image for news SBA Communications Setting Up Ahead Of American Tower
Important Warning To REIT Investors
ARE, KRG, LAND, LANDM, LANDO, LANDP, REXR, SBAC, SILA, VNQ
Published: September 01, 2025 by: Seeking Alpha
Sentiment: Positive

REITs are still heavily discounted. But potentially not for much longer. The anticipated rate cuts could lead to an epic recovery, and investors who position themselves early could enjoy significant upside.

Read More
image for news Important Warning To REIT Investors
SBAC Q2 AFFO Beats Estimates, Revenues Improve Y/Y, '25 View Raised
SBAC
Published: August 05, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC tops Q2 AFFO estimates, and lifts the 2025 outlook, but higher costs and interest weigh on profitability.

Read More
image for news SBAC Q2 AFFO Beats Estimates, Revenues Improve Y/Y, '25 View Raised
Insights Into SBA Communications (SBAC) Q2: Wall Street Projections for Key Metrics
SBAC
Published: July 30, 2025 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of SBA Communications (SBAC) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Read More
image for news Insights Into SBA Communications (SBAC) Q2: Wall Street Projections for Key Metrics
SBA Communications Corporation Sets Date for Second Quarter 2025 Earnings Release
SBAC
Published: July 14, 2025 by: Business Wire
Sentiment: Neutral

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its second quarter results on Monday, August 4, 2025 after market close. SBA will host a conference call on Monday, August 4, 2025 to discuss these results. The call may be accessed as follows: When: Monday, August 4, 2025 at 5:00 PM (EDT) Dial-in Number: 1-202-735-3323 Access Code: 5683336 Conference Name: SBA Second Quarter 2025 Results Replay Availa.

Read More
image for news SBA Communications Corporation Sets Date for Second Quarter 2025 Earnings Release
Four Reasons to Add SBA Communications Stock to Your Portfolio
SBAC
Published: July 01, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC rides on rising mobile data usage, long-term leases, expansion into high-growth markets and robust dividends to attract investors' attention.

Read More
image for news Four Reasons to Add SBA Communications Stock to Your Portfolio
What Makes SBA Communications (SBAC) a New Buy Stock
SBAC
Published: July 01, 2025 by: Zacks Investment Research
Sentiment: Positive

SBA Communications (SBAC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read More
image for news What Makes SBA Communications (SBAC) a New Buy Stock
SBAC Stock Rises 9.3% in Three Months: Will the Trend Last?
SBAC
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC shares rally 9.3% in three months, fueled by tower portfolio growth, 5G tailwinds and capital-return moves.

Read More
image for news SBAC Stock Rises 9.3% in Three Months: Will the Trend Last?
Top 15 High-Growth Dividend Stocks For June 2025
DKS, DPZ, GPN, INTU, KLAC, LRCX, MPWR, MSCI, NXPI, ODFL, RMD, ROL, SBAC, SPY, TSCO, VIG, ZTS
Published: June 02, 2025 by: Seeking Alpha
Sentiment: Positive

My Top 15 High-Growth Dividend Stocks outperformed SPY and VIG in May, gaining 6.45% versus SPY's 6.28% and VIG's 3.61%. The list's year-to-date return is 6.07%, beating SPY every month in 2025, though still short of my 12% annualized target. The June 2025 Top 15 stocks offer a 1.34% average dividend yield with a 22.82% 5-year dividend growth rate and are 25% undervalued.

Read More
image for news Top 15 High-Growth Dividend Stocks For June 2025
Why Is SBA Communications (SBAC) Down 3.1% Since Last Earnings Report?
SBAC
Published: May 28, 2025 by: Zacks Investment Research
Sentiment: Negative

SBA Communications (SBAC) reported earnings 30 days ago. What's next for the stock?

Read More
image for news Why Is SBA Communications (SBAC) Down 3.1% Since Last Earnings Report?
Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?
SBAC
Published: May 26, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC gains from tower expansion and long-term leases amid growing adoption of data-driven mobile devices and applications. Customer concentration poses risks.

Read More
image for news Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?
The State Of REITs: May 2025 Edition
AHT, AMH, ARE, BBRE, CMCT, DFAR, DFGR, DLR, FREL, HPP, HST, ICF, IYR, MDRR, PDM, PGRE, REXR, RHP, RWR, SBAC, SCHH, SKT, SOHO, UMH, USRT
Published: May 23, 2025 by: Seeking Alpha
Sentiment: Negative

The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger average losses than mid-caps (-5.45%) and large-caps (-2.93%). 84.62% of REIT securities had a negative total return in April.

Read More
image for news The State Of REITs: May 2025 Edition
SBAC Stock Rises 12% Year to Date: Will the Trend Continue?
SBAC
Published: May 23, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC is set for healthy growth with extensive infrastructure assets amid rising consumer demand and adoption of data-driven mobile devices and applications.

Read More
image for news SBAC Stock Rises 12% Year to Date: Will the Trend Continue?
Top 15 High-Growth Dividend Stocks To Consider For May 2025
AMAT, APH, DKS, DPZ, GPN, INTU, LRCX, MPWR, MSCI, MSFT, NDSN, NXPI, ODFL, RMD, SBAC, SPY, VIG
Published: May 02, 2025 by: Seeking Alpha
Sentiment: Positive

My Top 15 High-Growth Dividend stocks for April 2025 outperformed SPY and VIG, posting a 0.12% gain versus SPY's -0.87% and VIG's -1.53%. Year-to-date, the Top 15 list returned -0.36%, outperforming VIG's -2.46% and SPY's -5.40%, aiming for a long-term 12% return. The May 2025 Top 15 stocks offer a 1.33% average dividend yield with a 21.25% 5-year dividend growth rate and are 29% undervalued.

Read More
image for news Top 15 High-Growth Dividend Stocks To Consider For May 2025
SBA Communications Q1 AFFO & Revenues Beat Estimates, '25 View Raised
SBAC
Published: April 29, 2025 by: Zacks Investment Research
Sentiment: Positive

SBAC's Q1 results reflect significant growth in site-development revenues. However, higher costs and interest expenses ail.

Read More
image for news SBA Communications Q1 AFFO & Revenues Beat Estimates, '25 View Raised
SBA Communications Corporation (SBAC) Q1 2025 Earnings Call Transcript
SBAC
Published: April 28, 2025 by: Seeking Alpha
Sentiment: Neutral

SBA Communications Corporation (NASDAQ:SBAC ) Q1 2025 Earnings Conference Call April 28, 2025 5:00 PM ET Company Participants Mark DeRussy - VP, Finance Brendan Cavanagh - President and CEO Marc Montagner - CFO Conference Call Participants Jim Schneider - Goldman Sachs Jonathan Atkin - RBC Capital Markets Batya Levi - UBS Walter Piecyk - LightShed Michael Rollins - Citi Matt Niknam - Deutsche Bank Nick Del Deo - MoffettNathanson Eric Luebchow - Wells Fargo Brandon Nispel - KeyBanc Mike Funk - Bank of America Ric Prentiss - Raymond James Ben Swinburne - Morgan Stanley Richard Choe - JPMorgan Jonathan Chaplin …

Read More
image for news SBA Communications Corporation (SBAC) Q1 2025 Earnings Call Transcript
What's in the Cards for SBA Communications Stock This Earnings Season?
SBAC
Published: April 22, 2025 by: Zacks Investment Research
Sentiment: Negative

SBAC's Q1 earnings are likely to have been affected by ongoing consolidation in the wireless industry and higher churn.

Read More
image for news What's in the Cards for SBA Communications Stock This Earnings Season?
SBA Communications (SBAC) Moves 5.3% Higher: Will This Strength Last?
SBAC
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Positive

SBA Communications (SBAC) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO per share estimate revisions for the stock suggests that there could be more strength down the road.

Read More
image for news SBA Communications (SBAC) Moves 5.3% Higher: Will This Strength Last?
SBA Communications: Headwinds Persist, But Growth Potential Remains (Rating Downgrade)
SBAC
Published: March 20, 2025 by: Seeking Alpha
Sentiment: Neutral

SBA Communications faces headwinds, particularly in Brazil, but remains a compelling buy due to strong fundamentals, dividend coverage, and upside potential. The recent acquisition of 7,000 towers from Millicom is expected to drive growth and establish a leading position in Central America. Despite foreign exchange challenges, SBAC's AFFO and revenue have shown solid growth, and the REIT continues to deleverage its balance sheet effectively.

Read More
image for news SBA Communications: Headwinds Persist, But Growth Potential Remains (Rating Downgrade)

About SBA Communications Corporation (SBAC)

  • IPO Date 1999-06-16
  • Website https://www.sbasite.com
  • Industry REIT - Specialty
  • CEO Brendan Thomas Cavanagh
  • Employees 1720

SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.