SBA Communications
SBAC
Market cap $24.2B

227.83 USD

-0.24

0.11%

At close Jun 13, 4:00 PM EDT

After hours

227.83

+0.00

0.00%

1 day

-0.11%

5 days

1.04%

1 month

0.89%

3 months

6.18%

6 months

6.32%

Year to date

13.69%

1 year

15.64%

5 years

-23.90%

10 years

93.47%

About: 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.

Employees: 1,720

Real Estate Specialty REIT

0

Funds holding %

of 7,296 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

58% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 66

50% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2024] → 9 (+3) [Q1 2025]

48% more call options, than puts

Call options by funds: $45.2M | Put options by funds: $30.5M

7% more capital invested

Capital invested by funds: $21.5B [Q4 2024] → $23B (+$1.47B) [Q1 2025]

3% more funds holding

Funds holding: 654 [Q4 2024] → 676 (+22) [Q1 2025]

6% more repeat investments, than reductions

Existing positions increased: 256 | Existing positions reduced: 242

1.12% less ownership

Funds ownership: 98.37% [Q4 2024] → 97.25% (-1.12%) [Q1 2025]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$240

5%

upside

Avg. target

$255

12%

upside

High target

$270

19%

upside

6 analyst ratings

4 positive

67%

2 neutral

33%

0 negative

0%

JMP Securities Greg Miller	19%upside $270	Market Outperform Maintained	29 Apr 2025
Citigroup Michael Rollins	16%upside $265	Buy Maintained	29 Apr 2025
BMO Capital Ari Klein	5%upside $240	Market Perform Maintained	29 Apr 2025
Raymond James Ric Prentiss	18%upside $268	Strong Buy Reiterated	29 Apr 2025
Barclays Tim Long	8%upside $247	Overweight Maintained	29 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about SBAC published over the past 30 days

Top 15 High-Growth Dividend Stocks For June 2025

My Top 15 High-Growth Dividend Stocks outperformed SPY and VIG in May, gaining 6.45% versus SPY's 6.28% and VIG's 3.61%. The list's year-to-date return is 6.07%, beating SPY every month in 2025, though still short of my 12% annualized target. The June 2025 Top 15 stocks offer a 1.34% average dividend yield with a 22.82% 5-year dividend growth rate and are 25% undervalued.

Top 15 High-Growth Dividend Stocks For June 2025

Zacks Investment Research

Why Is SBA Communications (SBAC) Down 3.1% Since Last Earnings Report?

SBA Communications (SBAC) reported earnings 30 days ago. What's next for the stock?

Why Is SBA Communications (SBAC) Down 3.1% Since Last Earnings Report?

Zacks Investment Research

Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?

SBAC gains from tower expansion and long-term leases amid growing adoption of data-driven mobile devices and applications. Customer concentration poses risks.

Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?

The State Of REITs: May 2025 Edition

The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger average losses than mid-caps (-5.45%) and large-caps (-2.93%). 84.62% of REIT securities had a negative total return in April.

The State Of REITs: May 2025 Edition

Zacks Investment Research

SBAC Stock Rises 12% Year to Date: Will the Trend Continue?

SBAC is set for healthy growth with extensive infrastructure assets amid rising consumer demand and adoption of data-driven mobile devices and applications.

SBAC Stock Rises 12% Year to Date: Will the Trend Continue?

Top 15 High-Growth Dividend Stocks To Consider For May 2025

My Top 15 High-Growth Dividend stocks for April 2025 outperformed SPY and VIG, posting a 0.12% gain versus SPY's -0.87% and VIG's -1.53%. Year-to-date, the Top 15 list returned -0.36%, outperforming VIG's -2.46% and SPY's -5.40%, aiming for a long-term 12% return. The May 2025 Top 15 stocks offer a 1.33% average dividend yield with a 21.25% 5-year dividend growth rate and are 29% undervalued.

Top 15 High-Growth Dividend Stocks To Consider For May 2025

Verizon and this telecom stock offer protection against tariff uncertainty

“Uncertainty” is a buzzword that's been front and centre of all financial debates in recent weeks as the Trump administration announced new tariffs to set into motion a series of events that are now evolving into a full-blown trade war.

Verizon and this telecom stock offer protection against tariff uncertainty

Zacks Investment Research

SBA Communications Q1 AFFO & Revenues Beat Estimates, '25 View Raised

SBAC's Q1 results reflect significant growth in site-development revenues. However, higher costs and interest expenses ail.

SBA Communications Q1 AFFO & Revenues Beat Estimates, '25 View Raised

SBA Communications Corporation to Speak at The JP Morgan 53rd Annual Global Technology, Media and Communications Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer is scheduled to speak at the JP Morgan 53rd Annual Global Technology, Media and Communications Conference, Tuesday, May 13, 2025 at 5:10pm ET. The conference will be at The Westin Boston Seaport District in Boston, Massachusetts. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA Communic.

SBA Communications Corporation to Speak at The JP Morgan 53rd Annual Global Technology, Media and Communications Conference

SBA Communications Corporation (SBAC) Q1 2025 Earnings Call Transcript

SBA Communications Corporation (NASDAQ:SBAC ) Q1 2025 Earnings Conference Call April 28, 2025 5:00 PM ET Company Participants Mark DeRussy - VP, Finance Brendan Cavanagh - President and CEO Marc Montagner - CFO Conference Call Participants Jim Schneider - Goldman Sachs Jonathan Atkin - RBC Capital Markets Batya Levi - UBS Walter Piecyk - LightShed Michael Rollins - Citi Matt Niknam - Deutsche Bank Nick Del Deo - MoffettNathanson Eric Luebchow - Wells Fargo Brandon Nispel - KeyBanc Mike Funk - Bank of America Ric Prentiss - Raymond James Ben Swinburne - Morgan Stanley Richard Choe - JPMorgan Jonathan Chaplin - New Street David Guarino - Green Street Ari Klein - BMO Capital Markets Operator Welcome, and thank you for joining the SBA First Quarter 2025 Results. This call is being recorded.

SBA Communications Corporation (SBAC) Q1 2025 Earnings Call Transcript

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