SBA Communications/$SBAC
1D1W1M3M6MYTD1Y5YMAX
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
$20B
20.16
$9.28
0.98
$4.86
2.67%
Price and volume
Market cap
$20B
Beta
0.98
52-week high
$224.46
52-week low
$156.60
Average daily volume
1.1M
Dividend rate
$4.86
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)
1,833.553
Gross margin (TTM)
74.20%
Net profit margin (TTM)
34.51%
Operating margin (TTM)
52.73%
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)
20.156
Price to revenue (TTM)
6.934
Price to book
-4.29
Price to tangible book (TTM)
-2.65
Price to free cash flow (TTM)
18.945
Free cash flow yield (TTM)
5.28%
Free cash flow per share (TTM)
9.879
Dividend yield (TTM)
2.60%
Forward dividend yield
2.67%
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
Reuters reported that SBA beat second-quarter revenue expectations and raised its 2026 outlook on demand for tower leasing, as mobile operators expanded capacity and upgraded their networks. (Reuters)
SBA is building an additional international growth engine: it built 109 towers in the second quarter and said Central American construction was ramping under build-to-suit work for Millicom and others. (Nasdaq)
SBA’s move to investment-grade funding improves its financing flexibility: it issued $3.5 billion of unsecured notes and established a $2.5 billion unsecured revolving facility, with leverage at 6.4 times within its target range. (Nasdaq)
US leasing faces a sizeable churn overhang: domestic leasing revenue fell 3.7% in the second quarter, with Sprint and EchoStar lease losses among the causes. (The Motley Fool)
International churn is also elevated as carriers consolidate, restructure or fail; management identified Brazil as the main source of projected international churn. (The Motley Fool, Stock Analysis)
Refinancing is likely to pressure per-share cash flow in the near term: management said replacing lower-cost debt maturing in 2026 and 2027 with higher-cost borrowing will increase cash interest expense. (Stock Analysis)
Data summarised monthly by Lightyear AI. Last updated on 9 Oct 2026.
SBAC Financial Performance
Revenues and expenses
SBAC Earnings Performance
Company profitability
Upcoming events
No upcoming events
SBAC News
AllArticlesVideos
SBA Communications Eyes 6G Leasing Rebound, Edge Data Centers and Buybacks
MarketBeat4 weeks ago
SBA Communications Corporation to Speak at Citi's 2026 Global TMT Conference and the BofA Securities 2026 Media, Communications and Entertainment Conference
Business Wire2 months ago
SBA Communications Corporation to Speak at the Goldman Sachs 2026 Communacopia + Technology Conference
Business Wire2 months ago
Funds containing SBAC
AllUSDEURGBP
Fund name | Fund size | $SBAC weighting |
|---|---|---|
Global X Data Center REITs & Digital Infrastructure$VPN | $347M | 4.94% |
Global X Data Center REITs & Digital Infrastructure£VPNG | $347M | 4.94% |
Invesco Real Estate S&P US Select Sector$XRES | $150M | 1.70% |
Invesco Real Estate S&P US Select Sector£XREP | $150M | 1.70% |
iShares USD Short Duration High Yield Corporate Bond£SDHG | $959M | 1.64% |
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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