SBA Communications/$SBAC
1D1W1MYTD1Y5YMAX
Capital at risk
About SBA Communications
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
- Ticker
- $SBAC
- Sector
- Real Estate
- Primary listing
- NASDAQ
- Employees
- 1,844
- Headquarters
- Boca Raton, United States
- Website
- www.sbasite.com
SBAC Metrics
BasicAdvanced
$19B
19.72
$9.28
0.98
$4.72
2.73%
Price and volume
Market cap
$19B
Beta
0.98
52-week high
$224.46
52-week low
$162.41
Average daily volume
945K
Dividend rate
$4.72
Financial strength
Current ratio
0.165
Quick ratio
0.122
Long term debt to equity
-2.492
Total debt to equity
-3.347
Dividend payout ratio (TTM)
51.00%
Interest coverage (TTM)
2.89%
Profitability
EBITDA (TTM)
1,832.949
Gross margin (TTM)
74.20%
Net profit margin (TTM)
34.51%
Operating margin (TTM)
52.71%
Effective tax rate (TTM)
16.61%
Revenue per employee (TTM)
$1,560,000
Management effectiveness
Return on assets (TTM)
8.41%
Return on equity (TTM)
-21.07%
Valuation
Price to earnings (TTM)
19.717
Price to revenue (TTM)
6.783
Price to book
-4.19
Price to tangible book (TTM)
-2.59
Price to free cash flow (TTM)
18.532
Free cash flow yield (TTM)
5.40%
Free cash flow per share (TTM)
9.879
Dividend yield (TTM)
2.58%
Forward dividend yield
2.73%
Growth
Revenue change (TTM)
5.36%
Earnings per share change (TTM)
13.92%
3-year revenue growth (CAGR)
1.87%
10-year revenue growth (CAGR)
5.87%
3-year earnings per share growth (CAGR)
25.94%
10-year earnings per share growth (CAGR)
40.65%
3-year dividend per share growth (CAGR)
14.80%
What the Analysts think about SBAC
Analyst ratings (Buy, Hold, Sell) for SBA Communications stock.
Analyst projections of the future price of SBA Communications stock.
Bulls say / Bears say
International site leasing revenue grew 30.5% year-over-year (22.4% ex-FX) to $211.4 million, driven by robust demand in Latin America and enhancing geographic diversification. (Business Newswire)
The company raised its 2026 revenue outlook to $2.841 billion–$2.886 billion and boosted annual AFFO per share guidance to $11.95–$12.40 following second-quarter results that exceeded expectations, underscoring strong leasing demand. (Reuters)
Completed an inaugural $3.5 billion investment-grade bond issuance and expanded its $2.5 billion revolving credit facility, leading to an S&P upgrade to BBB and lowering future funding costs. (Business Newswire)
Potential takeover exploration could distract management and create strategic uncertainty, as deliberations are at an early stage with no certainty of a deal. (Reuters)
Domestic site leasing revenue fell 3.7% year-over-year to $452.5 million and domestic segment operating profit declined 4.8%, signaling headwinds in its core US market. (Business Newswire)
Second-quarter net income dropped 12.9% to $196.5 million while AFFO declined 5.2% and net cash interest expense rose 9.5%, reflecting margin compression and higher financing costs. (Business Newswire)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.
SBAC Financial Performance
Revenues and expenses
SBAC Earnings Performance
Company profitability
Upcoming events
SBAC News
AllArticlesVideos
SBA Communications Corporation to Speak at Citi's 2026 Global TMT Conference and the BofA Securities 2026 Media, Communications and Entertainment Conference
Business Wire3 weeks ago
SBA Communications Corporation to Speak at the Goldman Sachs 2026 Communacopia + Technology Conference
Business Wire3 weeks ago
SBA Communications Q2 Earnings Call Highlights
MarketBeat1 month ago
Funds containing SBAC
AllEURGBPUSD
Fund name | Fund size | $SBAC weighting |
|---|---|---|
iShares Global Infrastructure€INFR | €2.1B | 0.55% |
iShares S&P 500 Equal Weight€O4J0 | €4.3B | 0.17% |
iShares S&P 500 Equal Weight£EWSP | £3.7B | 0.16% |
Amundi MSCI World ESG Broad Transition€LWCR | €1.1B | 0.06% |
Invesco FTSE All-World€FWIA | €4B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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