SBA Communications Corporation (SBAC)
| Market Cap | 23.06B |
| Revenue (ttm) | 2.68B |
| Net Income (ttm) | 749.54M |
| Shares Out | 107.62M |
| EPS (ttm) | 6.94 |
| PE Ratio | 30.88 |
| Forward PE | 24.86 |
| Dividend | $4.44 (2.07%) |
| Ex-Dividend Date | Mar 13, 2025 |
| Volume | 648,720 |
| Open | 217.20 |
| Previous Close | 218.69 |
| Day's Range | 213.46 - 217.17 |
| 52-Week Range | 183.64 - 252.64 |
| Beta | 0.74 |
| Analysts | Buy |
| Price Target | 253.00 (+18.08%) |
| Earnings Date | Apr 28, 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 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization. The company was founded in 1989 and is headquartered in Boca Raton,... [Read more]
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 StatementsAnalyst Forecast
According to 14 analysts, the average rating for SBAC stock is "Buy." The 12-month stock price forecast is $253.0, which is an increase of 18.08% from the latest price.
News
SBA Communications: Headwinds Persist, But Growth Potential Remains (Rating Downgrade)
SBA Communications faces headwinds, particularly in Brazil, but remains a compelling buy due to strong fundamentals, dividend coverage, and upside potential. The recent acquisition of 7,000 towers fro...
My Top 15 High-Growth Dividend Stocks For March 2025
The SPDR S&P 500 ETF Trust stumbled in February but managed to maintain a positive return in 2025. The Top 15 dividend growth stocks for March 2025 offer an average dividend yield of 1.13% and appear ...
SBA Communications Corporation to Speak at The 33rd Annual Deutsche Bank 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 33rd Annual...
From Real Property To Intellectual Property: My 15 Years On Seeking Alpha
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SBA Communications Corporation (SBAC) Q4 2024 Earnings Call Transcript
SBA Communications Corporation (SBAC) Q4 2024 Earnings Call Transcript
SBA Communications Corporation Reports Fourth Quarter 2024 Results; Provides 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 December 31, 2024. Highlights of the fourth quart...
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 Citi's 30th Annual 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 30th Ann...
SBA Communications Corporation to Speak at the Raymond James & Associates 46th Annual Institutional Investors 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 Raymond Ja...
REITs To Favor In 2025
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SBA Communications Corporation Sets Date for Fourth Quarter 2024 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its fourth quarter results on Monday, February 24, 2025 after market cl...
SBA Communications Corporation Announces Tax Reporting Information for 2024 Distributions
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today announced year-end tax reporting information for its 2024 distributions. Stockholders ar...
SBA Communications: Mission-Critical Assets At A Hefty Discount
SBA Communications' stock has dropped to far below historical valuation, creating an attractive entry point for long-term investors in mission-critical wireless infrastructure. SBAC benefits from dura...
Retire Rich: 2 Undervalued REITs To Secure Your Income Stream
Realty Income and Crown Castle offer high yields and trade below intrinsic values, making them attractive for income investors. Realty Income's triple net lease model, high credit rating, and global e...
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 2024 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 2024 Lever...
SBA Communications: Still An Appealing Play Despite Mixed Quarterly Results
SBA Communications Corporation reported mixed Q3 2024 results, with earnings per share and FFO exceeding estimates but revenue falling short, leading to a tepid market reaction. Despite revenue declin...
SBA Communications Corporation (SBAC) Q3 2024 Earnings Call Transcript
SBA Communications Corporation (NASDAQ:SBAC) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Mark DeRussy - VP of Finance Brendan Cavanagh - CEO Marc Montagner - CFO...
SBA Communications raises annual adjusted FFO forecast on steady demand
SBA Communications raised its annual forecast for adjusted funds from operations on Monday, anticipating a steady wireless carrier activity on the back of growing demand for 5G network.
SBA Communications Corporation Reports Third Quarter 2024 Results; Updates Full Year 2024 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, 2024. Highlights of the third quart...
SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)
The Fed easing monetary conditions impacts cell tower REITs considerably given the capital intensity of investments and the dividends they pay. Utilizing a higher level of debt, lower rates should hav...
SBA Communications Corporation Sets Date for Third Quarter 2024 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, October 28, 2024 after market clos...
SBA Communications Corporation to Speak at the Goldman Sachs 2024 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...