SBA Communications Corporation (SBAC)
| Market Cap | 20.76B -16.7% |
| Revenue (ttm) | 2.85B +6.3% |
| Net Income | 1.02B +24.8% |
| EPS | 9.51 +25.8% |
| Shares Out | 106.06M |
| PE Ratio | 20.58 |
| Forward PE | 25.56 |
| Dividend | $5.00 (2.56%) |
| Ex-Dividend Date | May 22, 2026 |
| Volume | 706,401 |
| Open | 197.45 |
| Previous Close | 195.82 |
| Day's Range | 194.59 - 198.88 |
| 52-Week Range | 162.41 - 243.16 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 235.10 (+20.11%) |
| Earnings Date | Aug 3, 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 and is based in B... [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 $235.1, which is an increase of 20.11% from the latest price.
News
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.
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 Annual report: Q4 2025
SBA Communications has published its Q4 2025 annual report on February 26, 2026.
SBA Communications Earnings release: Q4 2025
SBA Communications released its Q4 2025 earnings on February 26, 2026, summarizing the period's financial results.
SBA Communications Slides: Q4 2025
SBA Communications has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 26, 2026.
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...