SBA Communications (SBAC) Stock Price, News & Analysis

Company Overview

SBA Communications is a real estate investment trust that owns and operates wireless communications infrastructure. Its primary business is leasing space on its communications towers and other sites to wireless carriers and other customers that need to install network equipment.

The company also provides site development services, including helping customers identify, acquire, construct and manage locations for wireless infrastructure. Founded in 1989, SBA serves customers in the United States and several international markets, including countries in Central and South America and Africa.

Brendan Cavanagh is SBA Communications’ president and chief executive officer.

Key Stats

• Today's Range: $187.86 to $191.62
• 50-Day Range: $158.02 to $195.48
• 52-Week Range: $156.60 to $224.46
• Volume: 879,739 shs
• Average Volume: 1.25 million shs
• Market Capitalization: $20.31 billion
• P/E Ratio: 20.65
• Dividend Yield: 2.61%
• Price Target: $224.64
• Consensus Rating: Moderate Buy

SBA Communications Stock Analysis - MarketRank™

SBA Communications scored higher than 93% of companies evaluated by MarketBeat, and ranked 20th out of 189 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

SBA Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 9 buy ratings, 9 hold ratings, and no sell ratings.

Upside Potential

SBA Communications has a consensus price target of $224.64, representing about 17.3% upside from its current price of $191.43.

Amount of Analyst Coverage

SBA Communications has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.09%

Earnings Growth

Earnings for SBA Communications are expected to grow by 0.09% in the coming year, from $11.45 to $11.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SBA Communications is 20.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of SBA Communications is 20.65, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 26.02.

Price to Earnings Growth Ratio

SBA Communications has a PEG Ratio of 1.90. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.52% of the float of SBA Communications has been sold short.

Short Interest Ratio / Days to Cover

SBA Communications has a short interest ratio ("days to cover") of 2.73, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SBA Communications has recently decreased by 0.69%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

SBA Communications pays a meaningful dividend of 2.63%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

SBA Communications has been increasing its dividend for 6 years.

Dividend Coverage

The dividend payout ratio of SBA Communications is 53.94%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, SBA Communications will have a dividend payout ratio of 43.63% next year. This indicates that SBA Communications will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.51

News Sentiment

SBA Communications has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 22 news articles for SBA Communications this week, compared to 5 articles on an average week.

Search Interest

6 people have searched for SBAC on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added SBA Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 1.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, SBA Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $54,801.00 in company stock.

Percentage Held by Insiders

9.50% of the stock of SBA Communications is held by insiders.

Percentage Held by Institutions

97.35% of the stock of SBA Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/17 Dividend: 8/20/2026
• Ex-Dividend for 9/17 Dividend: 8/20/2026
• Dividend Payable: 9/17/2026
• Last Earnings: 11/02/2026
• Today: 11/11/2026
• Record date for 12/10 Dividend: 11/12/2026
• Ex-Dividend for 12/10 Dividend: 11/12/2026
• Dividend Payable: 12/10/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Real Estate
• Industry: Specialized REITs
• Sub-Industry: Telecom Tower REITs
• Current Symbol: NASDAQ:SBAC
• CIK: 1034054
• Web: www.sbasite.com
• Phone: (561) 995-7670
• Fax: 561-995-7626
• Employees: 1,844
• Year Founded: 1989

Price Target and Rating

• Average Price Target for SBA Communications: $224.64
• High Price Target: $271.00
• Low Price Target: $200.00
• Potential Upside/Downside: +17.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $9.27
• Trailing P/E Ratio: 20.65
• Forward P/E Ratio: 16.70
• P/E Growth: 1.9
• Net Income: $1.05 billion
• Net Margins: 34.54%
• Pretax Margin: 40.51%
• Return on Equity: -20.67%
• Return on Assets: 8.45%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.20
• Quick Ratio: 0.20

Sales & Book Value

• Annual Sales: $2.82 billion
• Price / Sales: 7.21
• Cash Flow: $13.02 per share
• Price / Cash Flow: 14.70
• Book Value: ($45.57) per share
• Price / Book: -4.20

Miscellaneous

• Outstanding Shares: 106,090,000
• Free Float: 96,010,000
• Market Cap: $20.31 billion
• Optionable: Optionable
• Beta: 0.97