SBA Communications (SBAC) Expected to Release Earnings on Monday

Key Points

• SBA Communications is expected to report Q3 2026 results after Monday’s market close. Analysts forecast earnings of $2.09 per share on revenue of approximately $721.1 million.
• In the previous quarter, SBA Communications beat estimates with EPS of $1.87 and revenue of $715.3 million, while revenue increased 2.3% year over year.
• The company pays a quarterly dividend of $1.25 per share, equivalent to a 2.7% yield, while analysts maintain a consensus “Hold” rating and an average price target of $226.53.

SBA Communications (NASDAQ:SBAC - Get Free Report) will likely be posting its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of $2.09 per share and revenue of $721.13 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Monday, November 2, 2026 at 5:00 PM ET.

SBA Communications (NASDAQ:SBAC - Get Free Report) last announced its earnings results on Monday, August 3rd. The technology company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.02. The firm had revenue of $715.27 million during the quarter, compared to the consensus estimate of $706.01 million. SBA Communications had a negative return on equity of 20.67% and a net margin of 34.51%. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.17 EPS. On average, analysts expect SBA Communications to post $11.40 EPS for the current fiscal year and $11.63 EPS for the next fiscal year.

SBA Communications Price Performance

SBAC opened at $184.75 on Monday. The firm has a market capitalization of $19.60 billion, a P/E ratio of 19.91, a price-to-earnings-growth ratio of 1.85 and a beta of 1.00. The stock's 50 day moving average price is $179.19 and its two-hundred day moving average price is $191.01. SBA Communications has a 12-month low of $156.60 and a 12-month high of $224.46.

SBA Communications Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, August 20th were issued a dividend of $1.25 per share. The ex-dividend date was Thursday, August 20th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.7%. SBA Communications's payout ratio is 53.88%.

Insider Buying and Selling at SBA Communications

In related news, Director George R. Krouse, Jr. sold 300 shares of SBA Communications stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $182.67, for a total transaction of $54,801.00. Following the sale, the director directly owned 8,512 shares of the company's stock, valued at $1,554,887.04. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 9.50% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SBAC shares. Sanford C. Bernstein reduced their price objective on SBA Communications from $219.00 to $208.00 and set a "market perform" rating for the company in a research report on Tuesday, October 20th. Wolfe Research upgraded shares of SBA Communications from a "hold" rating to an "outperform" rating in a research note on Tuesday, August 4th. TD Cowen reaffirmed a "buy" rating on shares of SBA Communications in a research report on Tuesday, August 4th. BMO Capital Markets reaffirmed a "market perform" rating on shares of SBA Communications in a research report on Monday, August 24th. Finally, JPMorgan Chase & Co. cut their target price on shares of SBA Communications from $230.00 to $220.00 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. Eight analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $226.53.

SBA Communications Company Profile

SBA Communications Corporation is a real estate investment trust that owns and operates wireless communications infrastructure. The company's portfolio primarily consists of wireless communications towers and related sites that support cellular, wireless broadband, and other communications equipment.

SBA Communications leases antenna space on its towers to wireless service providers, government agencies, and other communications companies. It also provides site development services, including zoning, permitting, construction, and project management, as well as tower construction and acquisition services in selected markets.

Founded in 1989 and headquartered in Boca Raton, Florida, SBA Communications serves customers across the United States and in parts of Central and South America.

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