SBA Communications Corporation (SBAC)
| Market Cap | 23.28B +2.0% |
| Revenue (ttm) | 2.82B +5.1% |
| Net Income | 1.05B +40.6% |
| EPS | 9.80 +41.2% |
| Shares Out | 106.06M |
| PE Ratio | 22.39 |
| Forward PE | 29.27 |
| Dividend | $5.00 (2.28%) |
| Ex-Dividend Date | Mar 13, 2026 |
| Volume | 720,075 |
| Open | 218.41 |
| Previous Close | 219.60 |
| Day's Range | 216.82 - 219.99 |
| 52-Week Range | 162.41 - 245.16 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 236.89 (+7.94%) |
| Earnings Date | Apr 29, 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.
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 19 analysts, the average rating for SBAC stock is "Buy." The 12-month stock price target is $236.89, which is an increase of 7.94% from the latest price.
News
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 Transcript: 34th Annual Media, Internet & Telecom Conference
Strong organic growth in 2025 was driven by major agreements and acquisitions, while 2026 will see elevated churn from Sprint and DISH but is expected to mark a turning point. International expansion, especially in Central America, and new spectrum auctions are set to drive future growth.
SBA Communications Transcript: Morgan Stanley Technology, Media & Telecom Conference 2026
Revenue growth is driven by co-location, amendments, and fixed wireless access, with 6G and AI expected to be future catalysts. Long-term carrier agreements and disciplined capital allocation support stability, while portfolio rationalization focuses on scalable, high-return markets.
SBA Communications Transcript: Citi’s Miami Global Property CEO Conference 2026
Management sees undervaluation and is prioritizing share buybacks, while maintaining strong carrier relationships and industry-leading dividend growth. Elevated churn from customer consolidation is expected to clear in 2024, setting up a return to normalized growth, with international markets poised for faster expansion.
SBA Communications Transcript: 47th Annual Raymond James Institutional Investor Conference
Carrier consolidation churn is nearly complete, with Verizon set to drive new revenue growth. Long-term top-line growth is projected at 4%-5%, supported by high margins and disciplined capital allocation. 6G, AI, and edge computing are expected to boost tower demand by 2030.
SBA Communications Earnings Call Transcript: Q4 2025
Fourth quarter results met expectations with strong FFO and dividend growth, robust domestic and international leasing, and significant share buybacks. 2026 guidance reflects steady U.S. growth, ongoing churn from consolidation, and expansion in Central America and Africa.
SBA Communications Corporation Reports Fourth Quarter 2025 Results; Provides 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 December 31, 2025. Highlights of the fourth quart...
SBA Communications Corporation to Speak at The Deutsche Bank 34th Annual Media, Internet and Telecom 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 Deutsche Ba...
SBA Communications Corporation to Speak at Citi's 2026 Global Property CEO 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 Citi's 2026 Glo...
SBA Communications Corporation to Speak at the Morgan Stanley Technology, Media and Telecom 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 Morgan Stanley Technology,...
SBA Communications Corporation to Speak at the Raymond James & Associates 47th Annual Institutional Investors 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 Raymond James & Associates...
SBA Communications Corporation Sets Date for Fourth Quarter 2025 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its fourth quarter results on Thursday, February 26, 2026 after market ...
SBA Communications Corporation Announces Tax Reporting Information for 2025 Distributions
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today announced year-end tax reporting information for its 2025 distributions. Stockholders sh...
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SBA Communications Transcript: UBS Global Media and Communications Conference 2025
Long-term value creation is driven by disciplined capital allocation, strategic partnerships, and ongoing network densification. Despite near-term headwinds from interest rates and churn, growth prospects remain strong, with robust regional performance and a focus on core tower assets.
SBA Communications Transcript: BofA Securities Leveraged Finance Conference 2025
Strong site development and 5G expansion are driving growth, with fixed wireless access and satellite entrants increasing network demand. Strategic MLAs, international acquisitions, and a shift to investment-grade status support financial flexibility and long-term growth.
SBA Communications Corporation to Speak at the UBS Global 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 UBS Global Media and Commu...
SBA Communications Corporation to Speak at the BofA Securities 2025 Leveraged Finance 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 BofA Securities 2025 Lever...
SBA Communications tops third-quarter estimates, raises 2025 revenue forecast
SBA Communications beat third-quarter estimates and raised its annual revenue forecast on Monday, helped by steady demand for its site leasing services from mobile network operators.
SBA Communications Earnings Call Transcript: Q3 2025
Reported strong Q3 results with increased leasing and services revenue, completed key acquisitions and divestitures, and secured a new long-term Verizon agreement. Raised outlook for leasing and site development, maintained low leverage, and achieved a second investment-grade rating.
SBA Communications Corporation Reports Third Quarter 2025 Results; Updates Full Year 2025 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 September 30, 2025. Highlights of the third quart...
SBA Communications Corporation Sets Date for Third Quarter 2025 Earnings Release
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 clos...
SBA Communications Transcript: Goldman Sachs Communicopia + Technology Conference 2025
Stabilization efforts through asset sales and acquisitions are strengthening positions in key markets, with a focus on strong customer relationships and selective growth. U.S. organic growth is targeted at 5%, with churn and refinancing as near-term headwinds, while international expansion and technology trends support long-term growth.
SBA Communications Transcript: Bank of America 2025 Media, Communications & Entertainment Conference
Carrier application volumes and colocation revenues are rising, signaling ongoing network densification and robust activity across major carriers. Internationally, Central America and Brazil are key growth markets, while capital allocation is shifting toward M&A and debt reduction. Dividend growth is expected to continue at low double digits for the next few years.