SBA Communications Corporation (SBAC)

NASDAQ: SBAC · Real-Time Price · USD
197.40
+2.65 (1.36%)
Nov 7, 2025, 4:00 PM EST - Market closed
1.36%
Market Cap21.03B
Revenue (ttm)2.79B
Net Income (ttm)856.97M
Shares Out 106.55M
EPS (ttm)7.95
PE Ratio24.83
Forward PE20.49
Dividend$4.44 (2.25%)
Ex-Dividend DateNov 13, 2025
Volume768,806
Open195.78
Previous Close194.75
Day's Range194.87 - 197.58
52-Week Range185.45 - 245.16
Beta0.86
AnalystsBuy
Price Target240.53 (+21.85%)
Earnings DateNov 3, 2025

About SBAC

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 44,000 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. [Read more]

IPO Date Jun 16, 1999
Employees 1,720
Stock Exchange NASDAQ
Ticker Symbol SBAC
Full Company Profile

Financial Performance

In 2024, SBA Communications's revenue was $2.68 billion, a decrease of -1.18% compared to the previous year's $2.71 billion. Earnings were $749.54 million, an increase of 49.37%.

Financial Statements

Analyst Summary

According to 15 analysts, the average rating for SBAC stock is "Buy." The 12-month stock price target is $240.53, which is an increase of 21.85% from the latest price.

Price Target
$240.53
(21.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SBA Communications Corporation (SBAC) Q3 2025 Earnings Call Transcript

SBA Communications Corporation ( SBAC) Q3 2025 Earnings Call November 3, 2025 5:00 PM EST Company Participants Mark DeRussy - Vice President of Finance Brendan Cavanagh - CEO, President & Director Ma...

5 days ago - Seeking Alpha

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.

5 days ago - Reuters

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...

5 days ago - Business Wire

REIT Lessons That Could Save You Thousands

Many REITs are bad investments. This is a sector in which you need to be very selective. I share five key lessons from over a decade of REIT investing that will help you avoid losers and improve your ...

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5 days ago - Seeking Alpha

Top 15 High-Growth Dividend Stocks For November 2025

The Top 15 High-Growth Dividend Stock list for November 2025 offers a 1.39% yield and 19.88% five-year dividend growth. Despite underperforming SPY and VIG in October, the watchlist targets a long-ter...

7 days ago - Seeking Alpha

The More It Drops, The More I Buy: 2 REITs Too Cheap To Ignore

There are certain REITs I keep buying the more they drop. They have exceptional business models but trade at historically low valuations. I present two such REITs that I am steadily accumulating.

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Rental Properties Are Overrated - REITs Are The Real Opportunity

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14 days ago - Seeking Alpha

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...

26 days ago - Business Wire

The State Of REITs: October 2025 Edition

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...

26 days ago - Seeking Alpha

Top 15 High-Growth Dividend Stocks For October 2025

The Top 15 High-Growth Dividend Stock list for October 2025 targets a 12% long-term return, despite underperforming SPY and VIG in September. These 15 stocks offer a 1.4% average yield and have grown ...

5 weeks ago - Seeking Alpha

SBA Communications Setting Up Ahead Of American Tower

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 did...

Other symbols: AMT
5 weeks ago - Seeking Alpha

SBA Communications Corporation (SBAC) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript

SBA Communications Corporation (NASDAQ:SBAC) Goldman Sachs Communacopia + Technology Conference 2025 September 9, 2025 2:30 PM EDT Company Participants Brendan Cavanagh - CEO, President & Director Co...

2 months ago - Seeking Alpha

Portfolio Review: 3 Stocks And 3 ETFs I'm Buying To Boost My Passive Income

Given heightened economic uncertainty, I am leaning more defensive and sticking with my dividend growth investing strategy, emphasizing diversification and income stability. The frozen housing market,...

2 months ago - Seeking Alpha

SBA Communications Corporation (SBAC) Presents At Bank Of America 2025 Media, Communications & Entertainment Conference Transcript

SBA Communications Corporation (NASDAQ:SBAC) Bank of America 2025 Media, Communications & Entertainment Conference September 4, 2025 2:00 PM EDT Company Participants Marc Montagner - Executive VP & C...

2 months ago - Seeking Alpha

SBA Communications Corporation (SBAC) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference Transcript

SBA Communications Corporation (NASDAQ:SBAC) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 12:50 PM EDT Company Participants Marc Montagner - Executive VP &...

2 months ago - Seeking Alpha

Important Warning To REIT Investors

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 u...

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2 months ago - Seeking Alpha

Top 15 High-Growth Dividend Stocks For September 2025

My Top 15 high-growth dividend stocks for September 2025 are collectively 32% undervalued and offer a 1.43% yield with 21.57% five-year dividend growth. The strategy's five-year annualized return is 1...

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2 months ago - Seeking Alpha

AT&T News Incorrectly Worries Investors About SBA Communications

AT&T's spectrum purchase is not a significant negative for SBA Communications Corporation—tower demand should remain strong as AT&T deploys new spectrum. SBAC's management confirmed signed lease contr...

Other symbols: T
2 months ago - Seeking Alpha

SBA Communications Corporation to Speak at the Goldman Sachs 2025 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...

2 months ago - Business Wire

Powell Pivot Sparks REIT Rebound

U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....

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2 months ago - Seeking Alpha

SBA Communications Corporation to Speak at Citi's 2025 Global TMT Conference and the BofA Securities 2025 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 2025 Global TMT Confere...

2 months ago - Business Wire

Con Edison Elects New Board Member

Brendan Cavanagh Will Join the Company's Board of Directors Appointment Effective October 1, 2025 NEW YORK , Aug. 6, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE:ED) today annou...

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3 months ago - PRNewsWire

SBA Communications Corporation (SBAC) Q2 2025 Earnings Call Transcript

SBA Communications Corporation (NASDAQ:SBAC) Q2 2025 Earnings Conference Call August 4, 2025 5:00 PM ET Company Participants Brendan Thomas Cavanagh - CEO, President & Director Marc R. Montagner - Ex...

3 months ago - Seeking Alpha

SBA Communications Corporation Reports Second 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 June 30, 2025. Highlights of the second quarter i...

3 months ago - Business Wire

Behind The (Revised) Curve

U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. T...

Other symbols: AGGAGNCAHTAMHAMTAREAVB
3 months ago - Seeking Alpha