SBA Communications Corporation (SBAC)
| Market Cap | 19.42B -18.1% |
| Revenue (ttm) | 2.87B +5.4% |
| Net Income | 990.72M +12.8% |
| EPS | 9.28 +13.9% |
| Shares Out | 106.09M |
| PE Ratio | 19.74 |
| Forward PE | 23.07 |
| Dividend | $5.00 (2.73%) |
| Ex-Dividend Date | Aug 20, 2026 |
| Volume | 104,214 |
| Open | 180.90 |
| Previous Close | 181.97 |
| Day's Range | 180.45 - 182.79 |
| 52-Week Range | 162.41 - 225.33 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 228.25 (+24.69%) |
| Earnings Date | Aug 3, 2026 |
About SBAC
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems 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 by market capitalization. SBA Communications Corporation was established in 1989 and is incorporated in Florida.
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 $228.25, which is an increase of 24.69% from the latest price.
News
SBA Communications price target lowered to $238 from $248 at Truist
Truist lowered the firm’s price target on SBA Communications (SBAC) to $238 from $248 and keeps a Buy rating on the shares. The firm says that Q2 was “largely uneventful.”…
SBA Communications price target lowered to $220 from $230 at JPMorgan
JPMorgan analyst Richard Choe lowered the firm’s price target on SBA Communications (SBAC) to $220 from $230 and keeps a Neutral rating on the shares.
SBA Communications price target raised to $229 from $226 at TD Cowen
TD Cowen raised the firm’s price target on SBA Communications (SBAC) to $229 from $226 and keeps a Buy rating on the shares. The firm updated its model following solid…
SBA Communications price target lowered to $215 from $225 at Morgan Stanley
Morgan Stanley analyst Cameron McVeigh lowered the firm’s price target on SBA Communications (SBAC) to $215 from $225 and keeps an Equal Weight rating on the shares. Results were broadly…
SBA Communications Earnings Call Transcript: Q2 2026
Q2 results met expectations, leading to a modestly higher full-year outlook for site leasing revenue and FFO. Strong U.S. and international leasing activity, new tower builds, and a $3.5B bond issuance strengthened the balance sheet. Share buybacks prioritized over M&A.
SBA Communications Earnings release: Q2 2026
SBA Communications released its Q2 2026 earnings on August 3, 2026, summarizing the period's financial results.
SBA Communications Quarterly report: Q2 2026
SBA Communications has published its Q2 2026 quarterly earnings report on August 3, 2026.
SBA Communications reports Q2 AFFO $3.05, consensus $2.96
Reports Q2 revenue $715.274M, consensus $705.42M. “We had another solid quarter, with financial and operating results in line with our expectations,” commented Brendan Cavanagh, President and Chief Ex...
SBA Communications sees FY26 AFFO $11.95-$12.40, consensus $12.20
Sees FY26 revenue $2.841B-$2.886B, consensus $2.86B
SBA Communications Corporation Reports Second 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 June 30, 2026. Highlights of the second quarter i...
SBA Communications upgraded to Overweight from Equal Weight at Wells Fargo
Wells Fargo analyst Eric Luebchow upgraded SBA Communications (SBAC) to Overweight from Equal Weight with a price target of $210, down from $220. The firm believes earnings from the tower…
SBA Communications Corporation Sets Date for Second Quarter 2026 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its second quarter results on Monday, August 3, 2026 after market close...
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.