SBA Communications/$SBAC

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About SBA Communications

SBA Communications owns a portfolio of about 45,000 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 being generated by the top few mobile carriers. It owns more than 17,000 towers in the US, which account for about 75% of leasing revenue. Internationally, SBA's largest presence is in Brazil, where it owns roughly 10,000 towers. SBA operates as a real estate investment trust.

Ticker

$SBAC
Primary listing

Employees

1,720

SBAC Metrics

BasicAdvanced
$21B
24.44
$8.15
0.77
$4.18
2.23%

What the Analysts think about SBAC

Analyst ratings (Buy, Hold, Sell) for SBA Communications stock.

Bulls say / Bears say

Site development revenue jumped 97.5% year-over-year to $67.2 million in Q2 2025, showing strong demand for new tower construction and modifications from carrier customers (Business Wire)
SBA completed the acquisition of 4,323 communication sites from Millicom ahead of schedule in Q2 2025, speeding up integration benefits and backlog conversion (Business Wire)
Net income jumped 41.5% year-over-year to $225.7 million in Q2 2025, driven by strong site leasing and service revenue growth (Business Wire)
Net debt to Adjusted EBITDA leverage was 6.5x as of June 30, 2025, indicating a high level of debt that could increase refinancing risk with rising interest rates (Business Wire)
AFFO per share fell 3.6% year-over-year to $3.17 in Q2 2025, highlighting cash flow margin pressure despite higher revenue (Business Wire)
International site leasing revenue declined 0.8% year-over-year to $162.0 million in Q2 2025, leaving the company exposed to fluctuations in foreign markets and currency volatility (Business Wire)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2025.

SBAC Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

SBAC Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $SBAC

Sign up or log in to buy
Capital at risk
Market open

Upcoming events

Sept18
SBA Communications
DividendPayment
$1.11Per share
FAQs
Buy SBA Communications stock | $SBAC Share Price | Lightyear