SBA Communications/$SBAC
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About SBA Communications
SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. It owns more than 17,000 towers in the US, which accounted for about 70% of the company's total revenue in 2023. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust.
Ticker
$SBAC
Sector
Primary listing
Industry
Specialized REITs
Headquarters
Employees
1,720
ISIN
US78410G1040
Website
SBAC Metrics
BasicAdvanced
$25B
30.25
$7.56
0.78
$4.18
1.94%
Price and volume
Market cap
$25B
Beta
0.78
52-week high
$248.02
52-week low
$192.55
Average daily volume
678K
Dividend rate
$4.18
Financial strength
Current ratio
0.646
Quick ratio
0.591
Long term debt to equity
-277.129
Total debt to equity
-298.306
Dividend payout ratio (TTM)
55.71%
Interest coverage (TTM)
3.35%
Profitability
EBITDA (TTM)
1,788.803
Gross margin (TTM)
76.79%
Net profit margin (TTM)
29.29%
Operating margin (TTM)
57.00%
Effective tax rate (TTM)
5.90%
Revenue per employee (TTM)
$1,560,000
Management effectiveness
Return on assets (TTM)
9.36%
Return on equity (TTM)
-16.09%
Valuation
Price to earnings (TTM)
30.255
Price to revenue (TTM)
9.162
Price to book
-4.97
Price to tangible book (TTM)
-3.35
Price to free cash flow (TTM)
27.917
Free cash flow yield (TTM)
3.58%
Free cash flow per share (TTM)
819.59%
Dividend yield (TTM)
1.83%
Forward dividend yield
1.94%
Growth
Revenue change (TTM)
-0.29%
Earnings per share change (TTM)
48.26%
3-year revenue growth (CAGR)
4.12%
10-year revenue growth (CAGR)
5.37%
3-year earnings per share growth (CAGR)
24.25%
10-year earnings per share growth (CAGR)
24.56%
3-year dividend per share growth (CAGR)
18.24%
What the Analysts think about SBAC
Analyst ratings (Buy, Hold, Sell) for SBA Communications stock.
Bulls say / Bears say
SBA Communications' acquisition of over 7,000 communication sites from Millicom International for approximately $975 million is expected to generate significant revenue and cash flow starting in 2025. (reuters.com)
The company raised its annual adjusted funds from operations (AFFO) forecast to between $13.20 and $13.45 per share, indicating strong financial performance. (reuters.com)
SBA Communications declared a quarterly cash dividend of $1.11 per share, an increase of approximately 13% over the previous quarter, reflecting confidence in its financial health. (sbasite.com)
In the third quarter of 2024, SBA Communications' site leasing revenue declined by 1.8% to $625.7 million, and site development revenue decreased by 7.1% to $41.9 million, indicating potential challenges in revenue growth. (reuters.com)
The company's Adjusted EBITDA Margin in the third quarter of 2024 was 70.9%, a decrease from 71.4% in the prior year period, suggesting a slight decline in operational efficiency. (businesswire.com)
SBA Communications ended the fourth quarter of 2024 with a Net Debt to Annualized Adjusted EBITDA leverage ratio of 6.1x, indicating a relatively high level of debt that could pose financial risks. (sbasite.com)
Data summarised monthly by Lightyear AI. Last updated on 11 Jul 2025.
SBAC Financial Performance
Revenues and expenses
SBAC Earnings Performance
Company profitability
SBAC News
AllArticlesVideos

SBA Communications Corporation Sets Date for Second Quarter 2025 Earnings Release
Business Wire·20 hours ago

Verizon and this telecom stock offer protection against tariff uncertainty
Invezz·2 months ago

SBA Communications Corporation Reports First Quarter 2025 Results; Updates Full Year 2025 Outlook; and Declares Quarterly Cash Dividend
Business Wire·3 months ago
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.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for SBA Communications stock?
SBA Communications (SBAC) has a market cap of $25B as of July 15, 2025.
What is the P/E ratio for SBA Communications stock?
The price to earnings (P/E) ratio for SBA Communications (SBAC) stock is 30.25 as of July 15, 2025.
Does SBA Communications stock pay dividends?
Yes, the SBA Communications (SBAC) stock pays dividends to shareholders. As of July 15, 2025, the dividend rate is $4.18 and the yield is 1.94%. SBA Communications has a payout ratio of 55.71% on a trailing twelve-month basis.
When is the next SBA Communications dividend payment date?
The next SBA Communications (SBAC) dividend payment date is unconfirmed.
What is the beta indicator for SBA Communications?
SBA Communications (SBAC) has a beta rating of 0.78. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.