SBA Communications Corporation (SBAC)
| Market Cap | 18.08B -10.8% |
| Revenue (ttm) | 2.87B +5.4% |
| Net Income | 990.72M +12.8% |
| EPS | 9.28 +13.9% |
| Shares Out | 106.09M |
| PE Ratio | 18.35 |
| Forward PE | 21.51 |
| Dividend | $5.00 (2.94%) |
| Ex-Dividend Date | Aug 20, 2026 |
| Volume | 790,443 |
| Open | 169.70 |
| Previous Close | 169.70 |
| Day's Range | 167.93 - 172.31 |
| 52-Week Range | 156.60 - 224.46 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 226.20 (+32.76%) |
| Est. Earnings | Nov 2, 2026 |
About SBAC
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or... [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 $226.2, which is an increase of 32.76% from the latest price.
News
Forum Markets Announces Joint Venture with Edge Node AI to Deploy Inference AI Compute Across the U.S. at Existing Powered Data Sites and Mobile Communications Towers
Initial planned deployment comprises approximately 11 MW of energized capacity Compute capacity from initial deployment being fully allocated to long-term off-take partners Forum Markets introduces 20...
SBA Communications Transcript: RBC Capital Markets 2026 Global Communications and Infrastructure Conference
Leasing growth persists despite a cyclical trough, with 6G and edge data centers poised to drive future demand. Brazil and Central America offer long-term growth, while capital allocation currently favors share buybacks over debt repayment.
SBA Communications Corporation to Speak at RBC Capital Markets 2026 Global Communications and Infrastructure Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at RBC Capital Markets 2026 Globa...
SBA Communications Transcript: Bank of America 2026 Media,Communications & Entertainment Conference
Wireless infrastructure is in a harvest phase post-5G, with steady lease-up and new growth expected from 6G, edge data centers, and international expansion, especially in Central America and Brazil. Financial strategy emphasizes disciplined capital allocation, refinancing, and share buybacks, with long-term FFO growth projected at mid to high single digits.
SBA Communications Slides: Corporate presentation
SBA Communications has posted slides in relation to its latest quarterly earnings report, which was published on September 10, 2026.
SBA Communications Transcript: Goldman Sachs Communacopia + Technology Conference 2026
Revised summary: The discussion focused on strengthening core markets, selective expansion, and new growth avenues like edge computing and satellite integration. U.S. carrier activity is steady, with spectrum auctions to drive future deployments. Central America and Tanzania are key growth regions, with churn from carrier consolidation stabilizing after next year.
SBA Communications Transcript: Citi’s 2026 Global TMT Conference
Long-term growth is driven by organic expansion, M&A, and new use cases like edge computing and LEO partnerships. U.S. operations remain stable with steady lease-up and low churn, while international markets show high growth in regions like Tanzania and Central America. Capital allocation is flexible, with a focus on share buybacks, dividends, and opportunistic M&A.
SBA Communications Corporation to Speak at Citi's 2026 Global TMT Conference and the BofA Securities 2026 Media, Communications and Entertainment Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at Citi's 2026 Global TMT Confere...
SBA Communications Slides: Investor presentation
SBA Communications has posted slides in relation to its latest quarterly earnings report, which was published on August 25, 2026.
SBA Communications Corporation to Speak at the Goldman Sachs 2026 Communacopia + Technology Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer, is scheduled to speak at the Goldman Sa...
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 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 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...
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 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 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 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 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 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.