SBA Communications Corporation (SBAC)
Market Cap | 20.31B |
Revenue (ttm) | 2.69B |
Net Income (ttm) | 555.14M |
Shares Out | 107.44M |
EPS (ttm) | 5.10 |
PE Ratio | 37.06 |
Forward PE | 22.47 |
Dividend | $3.92 (2.07%) |
Ex-Dividend Date | May 22, 2024 |
Volume | 1,232,348 |
Open | 191.29 |
Previous Close | 189.78 |
Day's Range | 187.06 - 191.29 |
52-Week Range | 183.64 - 258.76 |
Beta | 0.65 |
Analysts | Strong Buy |
Price Target | 259.92 (+37.52%) |
Earnings Date | Jul 29, 2024 |
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. [Read more]
Financial Performance
In 2023, SBAC's revenue was $2.71 billion, an increase of 2.97% compared to the previous year's $2.63 billion. Earnings were $501.81 million, an increase of 8.75%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for SBAC stock is "Strong Buy." The 12-month stock price forecast is $259.92, which is an increase of 37.52% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/q/u/press6-2412514.jpg)
SBA Communications Corporation to Speak at The JP Morgan 52nd Annual Global Technology, Media and Communications 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 JP Morgan 5...
![](https://cdn.snapi.dev/images/v1/8/w/press3-2400601.jpg)
SBA Communications Corporation to Speak at the MoffettNathanson 2024 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 MoffettNathanson 2024 Medi...
![](https://cdn.snapi.dev/images/v1/d/b/press16-2398259.jpg)
SBA Communications Corporation Reports First 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 March 31, 2024. Highlights of the first quarter i...
![](https://cdn.snapi.dev/images/v1/n/p/conf19-2361175.jpg)
SBA Communications Corporation Sets Date for First Quarter 2024 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its first quarter results on Monday, April 29, 2024 after market close....
![](https://cdn.snapi.dev/images/v1/g/2/press11-2295963.jpg)
SBA Communications Corporation to Speak at the 32nd 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 32nd Annua...
![](https://cdn.snapi.dev/images/v1/x/j/default13-1997799-2294740.jpg)
SBA Communications forecasts weak annual revenue on sluggish demand
Wireless tower operator SBA Communications on Monday forecast full-year 2024 revenue below Wall Street estimates, on the likelihood of sluggish wireless carrier activity after an initial surge in 5G d...
![](https://cdn.snapi.dev/images/v1/l/m/press19-2294417.jpg)
SBA Communications Corporation Reports Fourth Quarter 2023 Results; Provides 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 December 31, 2023. Highlights of the fourth quart...
![](https://cdn.snapi.dev/images/v1/l/q/press10-2288860.jpg)
SBA Communications Corporation to Speak at 2024 Citi 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 2024 Glo...
![](https://cdn.snapi.dev/images/v1/1/b/press19-2286056.jpg)
SBA Communications Corporation to Speak at the Raymond James & Associates 45th 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...
![](https://cdn.snapi.dev/images/v1/t/f/image28-2277725.jpeg)
Top 4 Real Estate Stocks You'll Regret Missing This Quarter - EPR Props (NYSE:EPR), Healthpeak Properties (NYSE:PEAK)
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
![](https://cdn.snapi.dev/images/v1/k/q/conf5-2259957.jpg)
SBA Communications Corporation Sets Date for Fourth Quarter 2023 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 26, 2024 after market cl...
![](https://cdn.snapi.dev/images/v1/1/z/press12-2257615.jpg)
SBA Communications Announces Executive Officer Retirement and Appointments
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that long-term industry veteran, Jason Silberstein, Executive Vice President, ...
![](https://cdn.snapi.dev/images/v1/g/b/press19-2245595.jpg)
SBA Communications Completes $4.05 Billion Senior Secured Financing
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) ("SBA" or the "Company") announced today that its wholly owned subsidiary, SBA Senior Finance II LLC ("SBA Senior Fina...
![](https://cdn.snapi.dev/images/v1/2/c/press12-2240390.jpg)
SBA Communications Corporation Announces Tax Reporting Information for 2023 Distributions
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today announced year-end tax reporting information for its 2023 distributions. Stockholders ar...
![](https://cdn.snapi.dev/images/v1/v/i/press14-2137466.jpg)
SBA Communications Corporation Reports Third Quarter 2023 Results; Updates Full Year 2023 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, 2023. Highlights of the third quart...
![](https://cdn.snapi.dev/images/v1/8/e/conf20-2095326.jpg)
SBA Communications Corporation Sets Date for Third Quarter 2023 Earnings Release
BOCA RATON, Fla,--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its third quarter results on Thursday, November 2, 2023 after market cl...
![](https://cdn.snapi.dev/images/v1/6/c/press11-2061743.jpg)
SBA Communications Appoints Marc Montagner as Chief Financial Officer
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that Marc Montagner, a telecommunications and finance executive with over 30 y...
![](https://cdn.snapi.dev/images/v1/c/3/press17-2034614.jpg)
SBA Communications Corporation to Speak at the Goldman Sachs 2023 Communacopia + Technology Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, Chief Financial Officer, is scheduled to speak at the Goldman Sachs 2023 Commu...
![](https://cdn.snapi.dev/images/v1/w/d/communication15-1999737.jpg)
SBA Communications Corp (SBAC): A Strong Contender in the REITs Industry with Good
SBA Communications Corp ( SBAC , Financial) is a leading player in the Real Estate Investment Trusts (REITs) industry. As of August 1, 2023, the company's stock price stands at $229.24, with a market ...
![](https://cdn.snapi.dev/images/v1/z/b/press3-1997528.jpg)
SBA Communications Corporation Reports Second Quarter 2023 Results; Updates Full Year 2023 Outlook; Declares Quarterly Cash Dividend; and Announces Newly Signed Master Lease Agreement with AT&T
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended June 30, 2023. Highlights of the second quarter i...
![](https://cdn.snapi.dev/images/v1/t/h/conf4-1964695.jpg)
SBA Communications Corporation Sets Date for Second Quarter 2023 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, July 31, 2023 after market close....
![](https://cdn.snapi.dev/images/v1/g/6/press4-1877150.jpg)
SBA Communications Corporation to Speak at the JP Morgan 51st Annual Global Technology, Media and Communications Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Jeffrey A. Stoops, President and Chief Executive Officer is scheduled to speak at the JP Morgan ...
![](https://cdn.snapi.dev/images/v1/l/g/press17-1865657.jpg)
SBA Communications Corporation to Speak at the MoffettNathanson Inaugural Technology, Media and Telecom Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, Chief Financial Officer, is scheduled to speak at the MoffettNathanson Inaugur...
![](https://cdn.snapi.dev/images/v1/j/j/press9-1863977.jpg)
SBA Communications Corporation Reports First Quarter 2023 Results; Updates Full Year 2023 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, 2023. Highlights of the first quarter i...
![](https://cdn.snapi.dev/images/v1/k/7/conf20-1830839.jpg)
SBA Communications Corporation Sets Date for First Quarter 2023 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its first quarter results on Monday, May 1, 2023 after market close. SB...