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
Primary listing

Industry

Specialized REITs

Employees

1,720

ISIN

US78410G1040

SBAC Metrics

BasicAdvanced
$25B
30.25
$7.56
0.78
$4.18
1.94%

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
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 closed

Upcoming events

No upcoming events
FAQs