SBA Communications Corporation (SBAC)
| Market Cap | 20.16B -19.4% |
| Revenue (ttm) | 2.85B +6.3% |
| Net Income | 1.02B +24.8% |
| EPS | 9.51 +25.8% |
| Shares Out | 106.06M |
| PE Ratio | 19.98 |
| Forward PE | 24.64 |
| Dividend | $5.00 (2.63%) |
| Ex-Dividend Date | May 22, 2026 |
| Volume | 1,440,387 |
| Open | 182.68 |
| Previous Close | 182.48 |
| Day's Range | 182.68 - 190.47 |
| 52-Week Range | 162.41 - 243.16 |
| Beta | 1.00 |
| Analysts | Buy |
| Price Target | 235.35 (+23.85%) |
| Earnings Date | Aug 3, 2026 |
About SBAC
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure. It includes towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 46,000 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts (REITs) by market capitalization. SBA Communications Corporation was incorporated in 1989 and is based in B... [Read more]
Financial Performance
In 2025, SBA Communications's revenue was $2.82 billion, an increase of 5.06% compared to the previous year's $2.68 billion. Earnings were $1.05 billion, an increase of 40.57%.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for SBAC stock is "Buy." The 12-month stock price target is $235.35, which is an increase of 23.85% from the latest price.
News
This High-Dividend Real Estate ETF Holds Some Bargains
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 ET...
SBA Communications assumed with a Neutral at Goldman Sachs
Goldman Sachs assumed coverage of SBA Communications (SBAC) with a Neutral rating and $205 price target SBA Communications is expected to benefit over the long term from structural tailwinds in…
SBA privatization process ending ‘clearing event,’ says Citi
Citi says SBA Communications (SBAC) traded down yesterday after a news report stated the company’s take-private process is “dead.” The report reduces the probability of a privatization scenario for at...
SBA take-private process seemingly dead, Greenstreet reports
SBA Communications’ (SBAC) potential take-private process involving KKR (KKR) and Brookfield (BAM) has stalled and is now considered effectively dead, as negotiations have come to a standstill in rece...
SBA Communications Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference
U.S. tower assets are projected to grow 4.5%-5% annually, with international markets targeting high single-digit growth, supported by acquisitions and new build commitments. Capital allocation favors share buybacks and dividend growth, while portfolio management focuses on market leadership and operational efficiency.
SBA Communications weakness attributed to report of ‘snag’ in talks
Green Street Infrastructure is reportedly saying SBA Communications (SBAC) take private talks hit a “snag” as KKR went “pencils down” on the deal due to concerns about an elevated valuation…
SBA Communications price target raised to $245 from $244 at Barclays
Barclays raised the firm’s price target on SBA Communications (SBAC) to $245 from $244 and keeps an Overweight rating on the shares. The firm updated models in the communications infrastructure…
SBA Communications Corporation to Speak at the JP Morgan 2026 Global Technology, Media and Communications Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer is scheduled to speak at the JP Morgan 2026 Global Techn...
SBA Communications price target raised to $230 from $223 at Scotiabank
Scotiabank analyst Maher Yaghi raised the firm’s price target on SBA Communications (SBAC) to $230 from $223 and keeps a Sector Perform rating on the shares. The company’s Q1 top-…
SBA Communications price target raised to $250 from $235 at KeyBanc
KeyBanc raised the firm’s price target on SBA Communications (SBAC) to $250 from $235 to reflect higher estimates, while keeping an Overweight rating on the shares. The firm notes Q1…
SBA Communications Earnings Call Transcript: Q1 2026
Raised 2026 outlook after strong Q1, with robust U.S. and international leasing, 80% Tower Cash Flow margin, and a 13% dividend increase. Debt paydown prioritized, with investment grade status targeted for 2026. Edge computing and new builds drive future growth.
SBA Communications Earnings release: Q1 2026
SBA Communications released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.
SBA Communications Quarterly report: Q1 2026
SBA Communications has published its Q1 2026 quarterly earnings report on April 29, 2026.
SBA Communications reports Q1 FFO $3.03, consensus $2.86
Reports Q1 revenue $703.4M, consensus $694.9M. “We had a solid start to 2026, with positive first quarter financial and operating results,” commented Brendan Cavanagh, President and Chief Executive Of...
SBA Communications sees FY26 FFO $11.96-$12.38, consensus $12.13
Sees FY26 revenue $2.84B-$2.88B, consensus $2.88B. Sees FY26 adjusted EBITDA $1.92B-$1.94B.
SBA Communications Corporation Reports First Quarter 2026 Results; Updates Full Year 2026 Outlook; and Declares Quarterly Cash Dividend
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 i...
SBA Communications upgraded to Buy from Hold at Truist
Truist upgraded SBA Communications (SBAC) to Buy from Hold with a price target of $247, up from $193, which offers 16% upside. The firm sees “multiple paths to upside” in…
SBA Communications price target raised to $244 from $212 at Barclays
Barclays raised the firm’s price target on SBA Communications (SBAC) to $244 from $212 and keeps an Overweight rating on the shares.
SBA Communications Corporation Sets Date for First Quarter 2026 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its first quarter results on Wednesday, April 29, 2026 after market clo...
SBA Communications Stock Soars on Buyout Interest. What It Means for Tower Stocks.
SBA Communications stock has surged on takeover interest, but analysts warn a potential deal could cap valuations across the tower industry.
SBA Communications price target raised to $225 from $215 at Morgan Stanley
Morgan Stanley raised the firm’s price target on SBA Communications (SBAC) to $225 from $215 and keeps an Equal Weight rating on the shares. Shares are up 25% after unconfirmed…
SBA Communications Proxy statement: Proxy filing
SBA Communications filed a proxy statement on April 9, 2026, providing details for shareholder voting and corporate governance matters.
SBA Communications Proxy statement: Proxy filing
SBA Communications filed a proxy statement on April 9, 2026, providing details for shareholder voting and corporate governance matters.
SBA Communications price target raised to $220 from $195 at Wells Fargo
Wells Fargo raised the firm’s price target on SBA Communications (SBAC) to $220 from $195 and keeps an Equal Weight rating on the shares. The firm is also assigning 50%…
‘Reasonable’ take-out value implies 15%-30% upside for SBA, says Jefferies
After Bloomberg recently reported that SBA Communications (SBAC) is exploring a sale, Jefferies said SBA offers meaningful scale, but screens below American Tower (AMT) and Crown Castle (CCI) on platf...