SBA Communications Corp (SBAC)

Currency in USD
189.42
-3.66(-1.90%)
Closed·
190.10+0.68(+0.36%)
·
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Fair Value
Day's Range
188.61193.19
52 wk Range
156.60224.46
Key Statistics
Prev. Close
189.42
Open
189.71
Day's Range
188.61-193.19
52 wk Range
156.6-224.46
Volume
1.13M
Average Volume (3m)
1.01M
1-Year Change
-4.0426%
Book Value / Share
-45.57
Fair Value
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Fair Value Upside
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SBAC Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
224.25
Upside
+18.39%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 8 consecutive years

SBA Communications Corp News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

11 Buy
10 Hold
0 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 224.25
(+18.39% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Truist Securities
Buy235.00+24.06%238.00MaintainNov 04, 2026
TD Cowen
Buy239.00+26.17%229.00MaintainNov 03, 2026
JPMorgan
Hold200.00+5.59%220.00MaintainNov 03, 2026
Citizens
Buy280.00+47.82%-MaintainNov 03, 2026
Citi
Buy225.00+18.78%235.00MaintainNov 03, 2026

SBA Communications Corp SWOT Analysis


Tower Titan's Trajectory
SBA Communications navigates industry shifts with strategic moves in portfolio optimization and international expansion, capitalizing on 5G rollout and rising mobile data demand.
Financial Fortitude
Explore SBAC's robust financial health, including a 76% gross profit margin and 6% revenue CAGR over five years, underpinning its market-leading position in wireless infrastructure.
Market Dynamics
Delve into the complex landscape of wireless communications, where SBAC faces both opportunities in network densification and challenges from industry consolidation and technological disruption.
Analyst Outlook
Learn about SBAC's future prospects, with analyst price targets ranging from $240 to $280, reflecting varied perspectives on the company's growth potential and market positioning.
Read full SWOT analysis

SBA Communications Corp Earnings Call Summary for Q3/2026

  • SBA Communications Q3 2026 EPS of $2.19 beat estimates by $0.10; revenue of $713.92M missed forecast by 1.4%, driven by churn and portfolio changes.
  • Company raised 2026 AFFO guidance by $2M and AFFO per share by $0.08, citing lower interest expense, reduced capex, and share buyback benefits.
  • Board approved 13% dividend increase to $1.25/share; firm repurchased 1.7M shares for $300M with $800M authorization remaining; net debt at 6.4x EBITDA.
  • Management expects Sprint churn of $55-56M in 2026, declining to under $20M in 2027; EchoStar churn totaling $36M in 2026 remains headwind.
  • CEO highlighted upcoming C-band spectrum auction (April-July 2027) and AI-driven edge computing as growth catalysts for tower deployment cycles through 2028.
Last Updated: 2026-11-02, 06:12 p/m
Read Full Transcript

Earnings

Latest Release
Nov 02, 2026
EPS / Forecast
2.19 / 2.09
Revenue / Forecast
713.92M / 724.32M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.30
Dividend Yield
2.64%
Industry Median 4.85%
Annualized payout
5.00
Paid quarterly
5-Years Growth
+15.94%
Growth Streak

SBAC Income Statement

Compare SBAC to Peers and Sector

Metrics to compare
SBAC
Peers
Sector
Relationship
P/E Ratio
20.1x9.8x7.9x
PEG Ratio
1.200.200.01
Price/Book
−4.1x0.7x0.9x
Price / LTM Sales
6.9x1.7x3.6x
Upside (Analyst Target)
18.9%19.5%23.6%
Fair Value Upside
Unlock14.0%3.8%Unlock

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or by other tower owners or operators who, like us, build towers to lease space to multiple wireless service providers. As of December 31, 2025, each of our towers had an average of 1.8 tenants. SBA Communications Corporation was established in 1989 and was incorporated in Florida.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
63.86M61.15%12.10B
Other Institutional Investors
44.28M38.85%8.39B
Public Companies & Retail Investors
0.000.00%0.00
Total
108.14M100.00%20.48B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Dodge & Cox11.80%12,323,2542,334,271
BlackRock, Inc.9.71%10,138,7491,920,482

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FAQ

What Is the SBA Communications (SBAC) Stock Price Today?

The SBA Communications stock price today is 189.42 USD.

What Stock Exchange Does SBA Communications Trade On?

SBA Communications is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for SBA Communications?

The stock symbol for SBA Communications is "SBAC."

Does SBA Communications Pay Dividends? What’s The Current Dividend Yield?

The SBA Communications dividend yield is 2.6%%.

What Is the SBA Communications Market Cap?

As of today, SBA Communications market cap is 20.16B USD.

What Is SBA Communications's Earnings Per Share (TTM)?

The SBA Communications EPS (TTM) is 9.30.

When Is the Next SBA Communications Earnings Date?

SBA Communications will release its next earnings report on Mar 01, 2027.

From a Technical Analysis Perspective, Is SBAC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has SBA Communications Stock Split?

SBA Communications has split 0 times.

How Many Employees Does SBA Communications Have?

SBA Communications has 1844 employees.

What is the current trading status of SBA Communications (SBAC)?

As of Nov 07, 2026, SBA Communications (SBAC) is trading at a price of 189.42 USD, with a previous close of 189.42 USD. The stock has fluctuated within a day range of 188.61 USD to 193.19 USD, while its 52-week range spans from 156.60 USD to 224.46 USD.

What Is SBA Communications (SBAC) Price Target According to Analysts?

The average 12-month price target for SBA Communications is 224.25 USD, with a high estimate of 280 USD and a low estimate of 164 USD. 11 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +18.39% Upside potential.

What Is the SBAC Premarket Price?

SBAC's last pre-market stock price is 187.51 USD. The pre-market share volume is 1,430.00, and the stock has decreased by -5.57, or -2.88%.

What Is the SBAC After Hours Price?

SBAC's last after hours stock price is 190.10 USD, the stock has decreased by 0.68, or 0.36%.
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