SBA Communications SBAC

$184.88 +0.12 (0.06%)

Valuation

Market cap
19,600,816,000
Revenue TTM
$2,815,140,000
Net income TTM
$1,053,630,000
PE ratio
14.70
Forward PE
16.16
Profit margin
37.43%
Debt to equity
-2.75

Trading

Volume
827,200
Avg volume
1,013,876
Day's range
$184.20 – $187.63
Shares out
106,088,000
Stochastic %K
52%
Beta
1.00
Analysts
Strong Sell
Price target
$222.52

Price

Company profile

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 var...

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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.

Industry
REIT - Specialty
Sector
Real Estate
Phone
561 995 7670
Website
https://www.sbasite.com
Address
8051 Congress Avenue, Boca Raton, United States

Latest news

Stocktwits

Techdamentals Oct 29, 8:21 PM
Backlog is signed future revenue, not cash in hand. One company reported 561 billion of cloud backlog in the same release as negative free cash flow. Both true. Worth applying the same separation when reading contracted revenue at $SBAC. Video: https://youtu.be/HomCohI_-u8 Written version: https://techdamentals.com/newsletter/alphabet-grew-faster-microsoft-won-why?ref=st What is it worth? 👇 https://techdamentals.com/v/SBAC?ref=st Educational, not advice.
0 replies
STUnusualVolume Oct 23, 4:45 PM
$SBAC is trading at 3.7x its normal volume for this time of day.
0 replies
Tdorsey1776 Oct 23, 1:21 PM
$CCI $AMT $SBAC $RFI If you want to own all the cell tower companies AND data centers, take a look at (RFI). Excellent hard asset fund.
0 replies
mikirduit Oct 13, 10:44 AM
Cell tower stocks were supposed to be dead. Satellites would replace them, right? Then SpaceX ($SPCX) agreed to buy $8 billion in low-band 800 MHz spectrum, and tower stocks jumped in three trading days: 📈 $CCI +17.53% 📈 $AMT +8.71% 📈 $SBAC +8.29% Why it matters: low-band spectrum travels farther and passes through buildings more easily. SpaceX plans a hybrid Starlink network that combines satellites with ground infrastructure. That ground infrastructure could mean new revenue for tower owners. The catch: the deal still needs FCC approval, and the Starlink mobile plan is unproven. We think this rally may be short-lived. How the big three compare: 🔹 $AMT: lowest debt (4.9x net debt to EBITDA) and the steadiest 2026 growth outlook 🔹 $CCI: about 40,000 towers, almost all in the U.S., and a ~5.2% dividend yield 🔹 $SBAC: cheapest at ~15.2x price-to-AFFO, but AFFO is shrinking and a costly refinancing is coming Which one looks best?
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Techdamentals Oct 11, 10:13 PM
The tower companies rose 6 to 10% as the carriers fell. Towers are landlords for antennas, so more competition for carriers, more tenants for towers. $CCI $AMT $SBAC $VNQ Video: https://www.youtube.com/watch?v=dzYYd6bxGpg Educational, not advice.
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Techdamentals Oct 11, 10:11 PM
$SBAC SBA Communications rose about 6% on Fri, Oct 9. A tower company is paid by renting space to whoever needs an antenna, so a new serious bidder for spectrum is read as a potential new tenant, not as a rival. That is an expectation, not a signed lease. Watch the full video: https://www.youtube.com/watch?v=dzYYd6bxGpg See the valuation range for this one: https://techdamentals.com/v/SBAC?ref=st Educational, not advice.
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KryptonResearch14 Oct 10, 2:01 AM
$SBAC SBA closed up 7.3% at 182.49 on the SpaceX spectrum deal: about 8 billion for Grain’s nationwide 800 MHz licenses, to build out Starlink Mobile. A fourth carrier is a new tenant pipeline for towers, while the three big carriers getting sold are already their biggest customers. Citi kept its Buy on all three tower names. The caveat from Bernstein: buying spectrum isn’t a commitment to build towers. SpaceX has talked about a lighter femtocell approach too.
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Techdamentals Oct 9, 7:24 PM
$SBAC Satellites alone do not deliver reliable coverage inside buildings. That is a physics constraint, not a funding one. Anyone wanting indoor service at carrier quality needs equipment on the ground. Tower REITs rose 6 to 10% on Friday for that reason, on an agreement that has not closed. https://techdamentals.com/newsletter/why-spacexs-spectrum-deal-cost-carriers-45-billion?ref=st
0 replies