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SBA Communications Corporation SBAC Research profile · latest available data
Price overview The Verdict Risk Metrics Material Events Insider Trades Top Holders
Hold
Our score -0.28
Short -0.20 Medium -0.37 Long -0.25
computed 2026-09-27
SBA Communications Corporation
Real Estate · REIT - Specialty
Market cap $17.63B Enterprise value $32.59B Trailing P/E 17.92x Forward P/E 20.30x EV / EBITDA 17.78x P / S (ttm) 6.14x Profit margin 34.5% Revenue growth +2.3% Earnings growth -10.5%
Layer Raw Contribution Fundamental +0.20 Sector -0.04 Technical -0.21 Earnings +0.00 Sentiment +0.00
macro × 1.00 · 2026-09-27
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.
United States · www.sbasite.com
Beta vs SPX 0.08 Corr SPX 0.04 Annual vol 30.4% Annual ret -13.8% Sharpe -0.45 Max DD -33.8%
Window: 504 trading days (504 obs)
Mean PT $234.75 High / Low $280.00 / $200.00 Median $230.00 Analysts 20
Strong Buy 4 Buy 6 Hold 11 Sell 0 Strong Sell 0
Recent rating actions
2026-05-05 Truist Securities → Buy 2026-05-05 Barclays → Overweight 2026-05-01 Scotiabank → Sector Perform 2026-04-30 Keybanc → Overweight 2026-04-22 Truist Securities → Buy 2026-04-16 Barclays → Overweight
Date Event 8-K 2026-08-03 Earnings Release, Exhibits read 2026-07-24 Material Agreement, Termination of Agreement… read 2026-07-23 Other Material Event, Exhibits read 2026-07-15 Material Agreement, Exhibits read 2026-05-22 Shareholder Vote read 2026-04-29 Earnings Release, Exhibits read 2026-03-27 Officer / Director Change read 2026-02-26 Earnings Release, Exhibits read 2025-11-03 Earnings Release, Exhibits read 2025-08-04 Earnings Release, Exhibits read 2025-05-23 Shareholder Vote read 2025-04-28 Earnings Release, Exhibits read
Date Insider Role Action Shares Value 2026-08-01 DAY DONALD Officer, EVP - SITE LEASI Option exercise 457 — 2026-08-01 DAY DONALD Officer, EVP - SITE LEASI Withheld for tax 171 $30.89K
Insider 180d net $0 Insider buys / sells 0 / 0 Insider bias Neutral 13F holders 8 Top-5 share 95.6% HHI 3,403 (concentrated)
Holder Value Shares State Street Corp $903.35M 5.12M Citadel Advisors $244.05M 1.38M Fidelity / FMR LLC $182.37M 1.03M Capital Research / Capital World $133.69M 757.63K Millennium Management $133.47M 756.40K AQR Capital Management $72.35M 413.30K Bridgewater Associates $1.13M 6.38K T. Rowe Price Group $48.51K 274.87K
As of 2026-06-30
Yield (TTM) 1.42% $ / share (TTM) $2.36 5y CAGR +19.0%
Annual dividend per share
2021 $2.32 2022 $2.84 2023 $3.40 2024 $3.92 2025 $4.44 2026 $1.25
FY 2010–2025 · 16 years
Line Latest CAGR Trend Revenue $244.50M -6.1% Gross profit $2.12B +11.0% Operating income $1.44B +21.8% Net income $258.53M +13.9% Cash from ops $1.54B +20.0%
Date Open High Low Close Vol Sep 25 $166.00 $168.13 $164.85 $166.15 886.40K Sep 24 $170.47 $170.68 $164.78 $166.12 1.18M Sep 23 $174.52 $176.48 $170.32 $170.53 927.50K Sep 22 $176.39 $179.14 $174.23 $175.84 713.90K Sep 21 $178.26 $181.10 $176.00 $176.28 870.80K
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