View ValuationSBA Communications 향후 성장Future 기준 점검 0/6SBA Communications 의 수익은 연간 0.07% 감소할 것으로 예상되는 반면, 연간 수익은 2.9% 로 증가할 것으로 예상됩니다. EPS는 연간 1.4% 만큼 성장할 것으로 예상됩니다.핵심 정보-0.07%이익 성장률1.40%EPS 성장률Specialized REITs 이익 성장7.7%매출 성장률2.9%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트05 May 2026최근 향후 성장 업데이트공시 • May 02SBA Communications Corporation Updates Earnings Guidance for the Fiscal Year 2026SBA Communications Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects Site leasing revenue of $2,649.0 million to $2,674.0, $24.0 million change from February 26, 2026 outlook. Site development revenue of $190.0 million to $210.0 million. Total revenues of $2,839.0 million to $2,884.0 million. Net income to be $771.0 million to $824.0 million. Net income per share of $7.25 to $7.74. The company has increased full year 2026 outlook across all key metrics.공시 • Feb 27+ 1 more updateSBA Communications Corporation Provides Earnings Guidance for the Full Year 2026SBA Communications Corporation provided earnings guidance for the full year 2026. For the year, the company expected total revenues to be $2,815.0 million to $2,860.0 million. Net income to be $774.5 million to $827.5 million or $7.28 to $7.78 per share.공시 • Nov 04+ 1 more updateSBA Communications Corporation Updates Earnings Guidance for the Full Year 2025SBA Communications Corporation updated earnings guidance for the Full Year 2025. For the year, the company updated total revenues to be between $2,808.0 million to $2,828.0 million compared to $15.5 million increase from previous guidance midpoint. Net income guidance of $1,066.5 million or $9.91 per share to $1,111.5 million or $10.33 per share.공시 • Oct 29SBA Communications Corporation Updates Earnings Outlook for the Year 2024SBA Communications Corporation updated earnings outlook for the year 2024. For the period, the company expects Total revenues of $2,660.0 to $2,680.0. Change from July 29, 2024 Outlook (13.0).공시 • Apr 30+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Full Year 2024SBA Communications Corporation revised earnings guidance for the full year 2024. For the year, the company now expects total revenues of $2,657.0 million to $2,697.0 million, a decrease of $12 million from previous guidance provided on Feb. 26, 2024.공시 • Feb 29SBA Communications Corporation Provides Earnings Guidance for the Year 2024SBA Communications Corporation provided earnings guidance for the year 2024. For the period, the company expects Total revenues of $2,669.0 million to $2,709.0 million. Net income will be of $520.0 million to $565.0 million. Net income per share will be of $4.77 to $5.18.모든 업데이트 보기Recent updates공시 • May 02SBA Communications Corporation Updates Earnings Guidance for the Fiscal Year 2026SBA Communications Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects Site leasing revenue of $2,649.0 million to $2,674.0, $24.0 million change from February 26, 2026 outlook. Site development revenue of $190.0 million to $210.0 million. Total revenues of $2,839.0 million to $2,884.0 million. Net income to be $771.0 million to $824.0 million. Net income per share of $7.25 to $7.74. The company has increased full year 2026 outlook across all key metrics.공시 • Apr 15SBA Communications Corporation to Report Q1, 2026 Results on Apr 29, 2026SBA Communications Corporation announced that they will report Q1, 2026 results After-Market on Apr 29, 2026공시 • Apr 10SBA Communications Corporation, Annual General Meeting, May 22, 2026SBA Communications Corporation, Annual General Meeting, May 22, 2026. Location: 8051 congress avenue, florida 33487, boca raton United States공시 • Mar 28SBA Communications Corporation Announces Retirement of Mark Ciarfella as Executive Vice President, U.S. Operations, Effective December 31, 2026On March 24, 2026, Mark Ciarfella, Executive Vice President, U.S. Operations of SBA Communications Corporation provided notice of his intent to retire from his current title and roles at the Company and all its subsidiaries effective December 31, 2026. Mr. Ciarfella will remain as a non-executive employee through March 7, 2027 in order to further support the transition of his role and responsibilities.공시 • Feb 27+ 1 more updateSBA Communications Corporation Provides Earnings Guidance for the Full Year 2026SBA Communications Corporation provided earnings guidance for the full year 2026. For the year, the company expected total revenues to be $2,815.0 million to $2,860.0 million. Net income to be $774.5 million to $827.5 million or $7.28 to $7.78 per share.공시 • Feb 03SBA Communications Corporation to Report Q4, 2025 Results on Feb 26, 2026SBA Communications Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2026Declared Dividend • Nov 06Third quarter dividend of US$1.11 announcedShareholders will receive a dividend of US$1.11. Ex-date: 13th November 2025 Payment date: 11th December 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.0%.Reported Earnings • Nov 05Third quarter 2025 earnings released: FFO per share: US$3.1 (vs US$3.07 in 3Q 2024)Third quarter 2025 results: FFO per share: US$3.1 (up from US$3.07 in 3Q 2024). Revenue: US$732.3m (up 9.7% from 3Q 2024). Funds from operations (FFO): US$335.9m (up 1.6% from 3Q 2024). FFO margin: 46% (down from 50% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공시 • Nov 04+ 1 more updateSBA Communications Corporation Updates Earnings Guidance for the Full Year 2025SBA Communications Corporation updated earnings guidance for the Full Year 2025. For the year, the company updated total revenues to be between $2,808.0 million to $2,828.0 million compared to $15.5 million increase from previous guidance midpoint. Net income guidance of $1,066.5 million or $9.91 per share to $1,111.5 million or $10.33 per share.공시 • Oct 13SBA Communications Corporation to Report Q3, 2025 Results on Nov 03, 2025SBA Communications Corporation announced that they will report Q3, 2025 results After-Market on Nov 03, 2025New Risk • Aug 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 26x earnings per share. Cash payout ratio: 215% Dividend yield: 2.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-US$4.9b). Dividend is not well covered by earnings and cash flows. Dividend per share is over 26x earnings per share. Cash payout ratio: 215%공시 • Aug 05+ 1 more updateSBA Communications Corporation Declares Quarterly Cash Dividend, Payable on September 18, 2025The Board of Directors of SBA Communications Corporation declared a quarterly cash dividend of $1.11 per share of the company’s Class A Common Stock. The distribution is payable September 18, 2025 to the shareholders of record at the close of business on August 21, 2025.공시 • Jul 14SBA Communications Corporation to Report Q2, 2025 Results on Aug 04, 2025SBA Communications Corporation announced that they will report Q2, 2025 results After-Market on Aug 04, 2025공시 • Apr 29+ 2 more updatesSBA Communications Corporation (NasdaqGS:SBAC) announces an Equity Buyback for $1,500 million worth of its shares.SBA Communications Corporation (NasdaqGS:SBAC) announces a share repurchase program. Under the program, the company will repurchase up to $1,500 million worth of its Class A common stock. The repurchased shares will be retired. The program has no expiration date.공시 • Apr 08SBA Communications Corporation, Annual General Meeting, May 23, 2025SBA Communications Corporation, Annual General Meeting, May 23, 2025. Location: at sba communications corp, corporate office, 8051 congress avenue, fl 33487, boca raton United States공시 • Apr 07SBA Communications Corporation to Report Q1, 2025 Results on Apr 28, 2025SBA Communications Corporation announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2025공시 • Feb 25+ 2 more updatesAn undisclosed buyer entered into an agreement to acquire Towers and related assets held in Colombia from SBA Communications Corporation (NasdaqGS:SBAC).An undisclosed buyer entered into an agreement to acquire Towers and related assets held in Colombia from SBA Communications Corporation (NasdaqGS:SBAC) on February 20, 2025.공시 • Feb 05SBA Communications Corporation to Report Q4, 2024 Results on Feb 24, 2025SBA Communications Corporation announced that they will report Q4, 2024 results After-Market on Feb 24, 2025Declared Dividend • Nov 01Third quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 14th November 2024 Payment date: 12th December 2024 Dividend yield will be 1.1%, which is lower than the industry average of 4.0%.공시 • Oct 30SBA Communications Corporation (NasdaqGS:SBAC) has entered into an agreement to acquire Portfolio of approximately 7,000 towers of Millicom International Cellular S.A. (NasdaqGS:TIGO) for approximately $980 million.SBA Communications Corporation (NasdaqGS:SBAC) has entered into an agreement to acquire Portfolio of approximately 7,000 towers of Millicom International Cellular S.A. (NasdaqGS:TIGO) for approximately $980 million on October 28, 2024. Total consideration will be paid of approximately $975 million, plus an earn-out contingent on achieving certain financial performance metrics. The transaction is subject to regulatory approvals and other closing conditions and is expected to close in mid-2025. Lazard, Inc. acted as financial advisor for Millicom International Cellular S.A. JPMorgan Chase & Co. acted as financial advisor for Millicom International Cellular S.A. Winston & Strawn LLP acted as legal advisor for Millicom International Cellular S.A. Goldman Sachs & Co. LLC acted as financial advisor for SBA Communications Corporation. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for SBA Communications Corporation.공시 • Oct 29SBA Communications Corporation Updates Earnings Outlook for the Year 2024SBA Communications Corporation updated earnings outlook for the year 2024. For the period, the company expects Total revenues of $2,660.0 to $2,680.0. Change from July 29, 2024 Outlook (13.0).공시 • Oct 07SBA Communications Corporation to Report Q3, 2024 Results on Oct 28, 2024SBA Communications Corporation announced that they will report Q3, 2024 results After-Market on Oct 28, 2024Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 30%After last week's 30% share price gain to Mex$4,524, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Specialized REITs industry globally. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,153 per share.공시 • Jul 31+ 1 more updateSBA Communications Corporation Declares A Quarterly Cash Dividend on Class A Common Stock, Payable on September 18, 2024SBA Communications Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.98 per share of the Company’s Class A Common Stock. The distribution is payable September 18, 2024 to the shareholders of record at the close of business on August 22, 2024.공시 • Jul 09SBA Communications Corporation to Report Q2, 2024 Results on Jul 29, 2024SBA Communications Corporation announced that they will report Q2, 2024 results After-Market on Jul 29, 2024공시 • Jul 03SBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Midcap Growth IndexSBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Midcap Growth IndexNew Risk • Jul 01New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Shares are highly illiquid. Negative equity (-US$5.2b). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.공시 • Apr 30+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Full Year 2024SBA Communications Corporation revised earnings guidance for the full year 2024. For the year, the company now expects total revenues of $2,657.0 million to $2,697.0 million, a decrease of $12 million from previous guidance provided on Feb. 26, 2024.공시 • Apr 13SBA Communications Corporation, Annual General Meeting, May 23, 2024SBA Communications Corporation, Annual General Meeting, May 23, 2024, at 10:00 US Eastern Standard Time. Location: 8051 Congress Avenue, Boca Raton Florida United States Agenda: To elect four directors, Brendan T. Cavanagh, Mary S. Chan, Jay L. Johnson, and George R. Krouse, Jr., each for a three – year term expiring at the 2027 Annual Meeting of Shareholders; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the 2024 fiscal year; and to approve, on an advisory basis, the compensation of our named executive officers.공시 • Apr 09SBA Communications Corporation to Report Q1, 2024 Results on Apr 29, 2024SBA Communications Corporation announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024공시 • Feb 29SBA Communications Corporation Provides Earnings Guidance for the Year 2024SBA Communications Corporation provided earnings guidance for the year 2024. For the period, the company expects Total revenues of $2,669.0 million to $2,709.0 million. Net income will be of $520.0 million to $565.0 million. Net income per share will be of $4.77 to $5.18.공시 • Feb 15Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish UnitSBA Communications Corporation (NasdaqGS:SBAC), Phoenix Tower and Asterion Industrial Partners are vying for Cellnex Telecom, S.A. (BME:CLNX) Irish unit, according to five sources familiar with the matter. Mobile phone tower operator Cellnex is advised by Santander (SAN.MC), and Barclays (BARC.L), on the deal and binding offers from the three parties are expected next week, three of the sources added, speaking on condition of anonymity. A deal would value Cellnex's Irish unit, which manages almost 2,000 sites in the country, close to EUR 1 billion ($1.08 billion), the fourth person said. Cellnex declined to comment.공시 • Feb 06SBA Communications Corporation to Report Q4, 2023 Results on Feb 26, 2024SBA Communications Corporation announced that they will report Q4, 2023 results After-Market on Feb 26, 2024공시 • Feb 02SBA Communications Corporation Announces Executive Changes, Effective August 1, 2024SBA Communications Corporation announced that long-term industry veteran, Jason Silberstein, Executive Vice President, Site Leasing will retire from his current title and role effective August 1, 2024. Succeeding Mr. Silberstein will be Donald Day. Mr. Day has been with SBA for 13 years, most recently serving as Senior Vice President, Services. The company also announced that Nichole Thomas, currently the Company’s Vice President, Site Development Services, will transition into the role previously held by Mr. Day. The appointments of Mr. Day and Ms. Thomas will each become effective on August 1, 2024. Mr. Day has served as the company’s Senior Vice President, Services since May 2018 and currently oversees all of the company’s services operations in the United States. He joined SBA in May 2011 as the North Regional Vice President and was promoted to Vice President – Services in January 2013. Prior to joining SBA, Mr. Day was a Vice President at General Dynamics, from January 2004 to May 2011, where he was responsible for managing the market and budget objectives of wireless deployment teams throughout the United States. Prior to General Dynamics, Mr. Day served in a variety of roles within the wireless services and infrastructure industry and earlier served four years in the United States Army. Ms. Thomas joined SBA in June 2023 and currently serves as Vice President, Site Development Services, leading the Company’s domestic new tower development and delivery of site development services for all major customers. Ms. Thomas has over 25 years of experience as a telecommunications industry executive with a history in network build strategy with companies such as DISH, Ericsson, SAC Wireless (a Nokia company), and Sprint. She has led large-scale programs and national site deployment efforts across all areas of the country. Before joining SBA, Ms. Thomas served as Regional Vice President of Network Deployment and Operations at Dish Wireless, spearheading the initial deployment of the first Open RAN, cloud-native 5G network in the United States.공시 • Dec 23SBA Communications Corporation Announces Board AppointmentsOn December 19, 2023, SBA Communications Corporation appointed Mr. Brendan Cavanagh to the Company’s Board of Directors (the ‘Board’), effective January 1, 2024. Mr. Cavanagh will serve as a Class I director for a term expiring at the 2024 Annual Meeting of Shareholders, at which time he will stand for re-election. Concurrent with Mr. Cavanagh’s appointment, the Board will be expanded to ten members. Mr. Cavanagh’s appointment to the Board follows the previously announced CEO succession plan, pursuant to which Mr. Cavanagh will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024. In connection with the CEO succession plan, the Board has also appointed Mr. Stoops to the position of non-executive Chairman of the Board, effective January 1, 2024.공시 • Nov 04SBA Communications Corporation Updates Earnings Outlook for the Year 2023SBA Communications Corporation updated earnings outlook for the year 2023. For the period, the company expects Total revenues of $2,705.0 to $2,725.0. Change from July 31, 2023 Outlook (12.0).공시 • Nov 03SBA Communications Corporation Declares Quarterly Cash Dividend, Payable December 14, 2023Board of Directors of SBA Communications Corporation has declared quarterly cash dividend of $0.85 per share of the Company's Class A Common Stock. The distribution is payable December 14, 2023 to the shareholders of record at the close of business on November 16, 2023.공시 • Oct 10SBA Communications Corporation to Report Q3, 2023 Results on Nov 02, 2023SBA Communications Corporation announced that they will report Q3, 2023 results at 5:00 PM, US Eastern Standard Time on Nov 02, 2023공시 • Sep 14SBA Communications Corporation Announces CEO Changes, Effective January 1, 2024SBA Communications Corporation announced that Mr. Montagner’s appointment follows the Company’s previously announced CEO succession plan, pursuant to which Brendan Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.공시 • Aug 01+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Full Year of 2023SBA Communications Corporation revised earnings guidance for the full year of 2023. For the year, the company expects total revenues to be between $2,707.0 million to $2,747.0 million, up $21.0 million from prior outlook range midpoint.공시 • Jul 12SBA Communications Corporation to Report Q2, 2023 Results on Jul 31, 2023SBA Communications Corporation announced that they will report Q2, 2023 results on Jul 31, 2023Board Change • Mar 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Jay Johnson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 01SBA Communications Corporation to Report Q4, 2022 Results on Feb 21, 2023SBA Communications Corporation announced that they will report Q4, 2022 results After-Market on Feb 21, 2023Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Jay Johnson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • May 30CEO, President & Director recently sold Mex$205m worth of stockOn the 24th of May, Jeffrey Stoops sold around 30k shares on-market at roughly Mex$6,843 per share. This was the largest sale by an insider in the last 3 months. Jeffrey has been a seller over the last 12 months, reducing personal holdings by Mex$467m.Upcoming Dividend • May 11Upcoming dividend of US$0.71 per shareEligible shareholders must have bought the stock before 18 May 2022. Payment date: 14 June 2022. Trailing yield: 0.9%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (6.2%).Reported Earnings • May 03First quarter 2022 earnings released: EPS: US$1.75 (vs US$0.11 loss in 1Q 2021)First quarter 2022 results: EPS: US$1.75 (up from US$0.11 loss in 1Q 2021). Revenue: US$619.8m (up 13% from 1Q 2021). Net income: US$188.6m (up US$200.4m from 1Q 2021). Profit margin: 30% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 6.8%, compared to a 8.2% growth forecast for the industry in Mexico.Reported Earnings • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$2.17 (up from US$0.22 in FY 2020). Revenue: US$2.31b (up 11% from FY 2020). Net income: US$237.6m (up US$213.5m from FY 2020). Profit margin: 10% (up from 1.2% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.3%, compared to a 9.0% growth forecast for the reits industry in Mexico.Board Change • Feb 25Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Fidelma Russo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Sep 10Executive VP recently sold Mex$488m worth of stockOn the 3rd of September, Thomas Hunt sold around 67k shares on-market at roughly Mex$7,273 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$1.1b more than they bought in the last 12 months.Board Change • Sep 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Fidelma Russo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 18Upcoming dividend of US$0.58 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 23 September 2021. Trailing yield: 0.6%. Lower than top quartile of Mexican dividend payers (5.0%). Lower than average of industry peers (6.7%).Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS US$1.40 (vs US$0.20 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$575.5m (up 14% from 2Q 2020). Net income: US$152.7m (up US$129.9m from 2Q 2020). Profit margin: 27% (up from 4.5% in 2Q 2020). The increase in margin was primarily driven by higher revenue.Board Change • Jul 28Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Fidelma Russo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jun 27+ 2 more updatesSBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Top 200 IndexSBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Top 200 IndexRecent Insider Transactions • Jun 08Independent Director recently sold Mex$154k worth of stockOn the 2nd of June, Fidelma Russo sold around 25.0 shares on-market at roughly Mex$6,143 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$10m. Insiders have been net sellers, collectively disposing of Mex$17m more than they bought in the last 12 months.Recent Insider Transactions • Jun 05Independent Director recently sold Mex$154k worth of stockOn the 2nd of June, Fidelma Russo sold around 25.0 shares on-market at roughly Mex$6,143 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$10m. Insiders have been net sellers, collectively disposing of Mex$17m more than they bought in the last 12 months.공시 • Jun 04SBA Communications Corporation (NasdaqGS:SBAC) and Paradigm Infrastructure Limited agreed to acquire Tower Portfolio from airtel TANZANIA LIMITED for approximately $180 million.SBA Communications Corporation (NasdaqGS:SBAC) and Paradigm Infrastructure Limited agreed to acquire Tower Portfolio from airtel TANZANIA LIMITED for approximately $180 million on June 2, 2021. The consideration of approximately $160 million is payable on the first closing date with the balance payable in instalments upon the completion of the transfer of any remaining towers to the Purchaser. Around $60 million from the proceeds will be used to invest in network and sales infrastructure in Tanzania and for distribution to the Government of Tanzania, as per the settlement described in the Airtel Africa IPO Prospectus document published in June 2019. The balance of the proceeds will be used to reduce debt at Group level. The transaction is expected to take place in the second half of the Group's current financial year.Recent Insider Transactions • May 25Independent Director recently sold Mex$10m worth of stockOn the 18th of May, Duncan Cocroft sold around 2k shares on-market at roughly Mex$5,755 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$274m more than they bought in the last 12 months.공시 • Apr 27+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Fiscal Year 2021SBA Communications Corporation revised earnings guidance for the fiscal year 2021. For the year, the company expects total revenues in range of $2,220.0 to $2,260.0.Reported Earnings • Feb 24Full year 2020 earnings released: EPS US$0.22 (vs US$1.30 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$2.08b (up 3.4% from FY 2019). Net income: US$24.1m (down 84% from FY 2019). Profit margin: 1.2% (down from 7.3% in FY 2019).Analyst Estimate Surprise Post Earnings • Feb 24Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 5.3% while theREITs industry in Mexico is not expected to grow.공시 • Feb 24SBA Communications Corporation (NasdaqGS:SBAC) acquired 25 communication sites for $8.4 million.SBA Communications Corporation (NasdaqGS:SBAC) acquired 25 communication sites for $8.4 million subsequent to the fourth quarter of 2020. The consideration was paid in cash. SBA Communications Corporation (NasdaqGS:SBAC) completed the acquisition of 25 communication sites for subsequent to the fourth quarter of 2020.공시 • Feb 23DISH Network Corporation Signs Master Lease Agreement with SBA Communications CorporationDISH Network Corporation and SBA Communications Corporation announced a new long-term master lease agreement providing DISH access to SBA's extensive nationwide portfolio of wireless communication sites. The announcement builds upon DISH's continued progress in acquiring access to the essential infrastructure needed to deploy its greenfield 5G network coast to coast. As part of the agreement, DISH will lease towers from SBA, and SBA is expected to deliver a variety of pre-construction functions, ranging from site acquisition to regulatory and compliance services.공시 • Feb 02SBA Communications Corporation to Report Q4, 2020 Results on Feb 22, 2021SBA Communications Corporation announced that they will report Q4, 2020 results After-Market on Feb 22, 2021공시 • Jan 28SBA Communications Corporation(NasdaqGS:SBAC) dropped from S&P Telecom Select Industry IndexSBA Communications Corporation(NasdaqGS:SBAC) dropped from S&P Telecom Select Industry IndexReported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$0.20The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: US$522.9m (up 3.0% from 3Q 2019). Net income: US$22.6m (up 4.1% from 3Q 2019). Profit margin: 4.3% (in line with 3Q 2019).Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 4.5% growth forecast for the REITs industry in Mexico.Analyst Estimate Surprise Post Earnings • Nov 04Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 4.9% growth forecast for the REITs industry in Mexico.Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS US$0.20The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: US$522.9m (up 3.0% from 3Q 2019). Net income: US$22.6m (up 4.1% from 3Q 2019). Profit margin: 4.3% (in line with 3Q 2019).공시 • Nov 03SBA Communications Corporation (NasdaqGS:SBAC) acquired 44 communication sites and one data center for $73.5 million.SBA Communications Corporation (NasdaqGS:SBAC) acquired 44 communication sites and one data center for $73.5 million during the third quarter 2020. SBA Communications Corporation (NasdaqGS:SBAC) completed the acquisition of 44 communication sites and one data center for $73.5 million during the third quarter 2020.공시 • Oct 13SBA Communications Corporation to Report Q3, 2020 Results on Nov 02, 2020SBA Communications Corporation announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 02, 2020공시 • Sep 23+ 1 more updateAAT Communications Corporation completed the acquisition of 784 towers of SBA Communications Corp.'s tower assets in the Western United States from SBA Communications Corp. for $194.7 million.AAT Communications Corporation, a company backed by Charterhouse Group Inc., announced that it has agreed to acquire 679 towers of SBA Communications Corp.'s tower assets in the Western United States from SBA Communications Corp. for a consideration of $160 million on March 17, 2003. The agreement also gives AAT Communications Corporation an option to acquire another 122 towers of SBA Communications Corp. in Western United States for $43 million. The towers comprise substantially all of SBA's tower assets in the Western United States, including Michigan, Wisconsin, Iowa, Missouri, most of Texas and part of Illinois and Oklahoma. The consideration is subject to adjustments under certain circumstances. The transaction is expected to close in stages commencing on May 9, 2003 and ending on September 30, 2003. The transaction is subject to a number of conditions, including an amendment to SBA's senior credit facility. On May 9, 2003 SBA transferred its interests in 631 towers to AAT Communications for $145 million. Interests in an additional 48 towers are expected to be transferred to AAT on or before July 1, 2003 for $15 million. As of June 30, 2003, approximately $20 million of the proceeds was being held by an escrow agent in accordance with certain performance and indemnity obligation provisions of the agreement. On June 2, 2003, AAT Communications Corporation agreed to exercise the option to purchase 122 towers located in Wisconsin for $43 million. The closing of the sale of the 122 towers is expected to occur on or before October 1, 2003. Paul Hastings Janofsky & Walker LLP acted as the legal counsel to AAT Communications Corporation. TD Securities Inc. acted as the financial advisor on the deal, while Ernst & Young LLP provided auditory services. AAT Communications Corporation completed the acquisition of 784 towers of SBA Communications Corp.'s tower assets in the Western United States for a total consideration of $194.7 million on October 1, 2003. From July 1, 2003 through October 1, 2003, AAT Communications purchased another 153 towers making it a total purchase of 784 towers. The company also occurred $2.7 million as acquisition expenses.공시 • Aug 31SBA Communications Corporation (NasdaqGS:SBAC) acquired JAX NAP.SBA Communications Corporation (NasdaqGS:SBAC) acquired JAX NAP on August 4, 2020. The Bank Street Group LLC served as exclusive financial advisor to JAX NAP in the transaction. SBA Communications Corporation (NasdaqGS:SBAC) completed the acquisition of JAX NAP on August 4, 2020.공시 • Jul 17SBA Communications Corporation (REIT) to Report Q2, 2020 Results on Aug 03, 2020SBA Communications Corporation (REIT) announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 03, 2020이익 및 매출 성장 예측BMV:SBAC * - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20283,0579158161,3701112/31/20272,9408651,0221,3461712/31/20262,8617991,1371,326193/31/20262,8541,01881,245N/A12/31/20252,8151,054571,291N/A9/30/20252,7898574361,297N/A6/30/20252,7258792221,284N/A3/31/20252,6868168921,342N/A12/31/20242,6807508631,335N/A9/30/20242,6616859641,457N/A6/30/20242,6765141,1321,466N/A3/31/20242,6945551,1981,528N/A12/31/20232,7125021,2211,544N/A9/30/20232,7234969511,400N/A6/30/20232,7165089571,419N/A3/31/20232,6893747841,304N/A12/31/20222,633461-211,286N/A9/30/20222,5424077021,296N/A6/30/20222,4563556551,216N/A3/31/20222,3804386691,197N/A12/31/20212,3092387811,190N/A9/30/20212,2502957341,134N/A6/30/20212,1832698041,172N/A3/31/20212,1151398191,134N/A12/31/20202,083248161,126N/A9/30/20202,061-144121,148N/A6/30/20202,045-152721,096N/A3/31/20202,038-61261,025N/A12/31/20192,015147N/A970N/A9/30/20191,985137N/A931N/A6/30/20191,945131N/A892N/A3/31/20191,90142N/A895N/A12/31/20181,86647N/A851N/A9/30/20181,825-2N/A851N/A6/30/20181,79231N/A839N/A3/31/20181,76398N/A825N/A12/31/20171,728104N/A818N/A9/30/20171,701101N/A807N/A6/30/20171,67837N/A792N/A3/31/20171,65760N/A770N/A12/31/20161,63376N/A743N/A9/30/20161,624102N/A716N/A6/30/20161,623-39N/A702N/A3/31/20161,628-43N/A689N/A12/31/20151,638-176N/A723N/A9/30/20151,636-206N/A721N/A6/30/20151,619-67N/A712N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SBAC * 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -0.07%).수익 vs 시장: SBAC * 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -0.07%).고성장 수익: SBAC * 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: SBAC * 의 수익(연간 2.9%)이 MX 시장(연간 6.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: SBAC * 의 수익(연간 2.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SBAC *의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 11:20종가2026/03/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스SBA Communications Corporation는 39명의 분석가가 다루고 있습니다. 이 중 19명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Amir RozwadowskiBarclaysBrendan LynchBarclaysClayton MoranBenchmark Company36명의 분석가 더 보기
공시 • May 02SBA Communications Corporation Updates Earnings Guidance for the Fiscal Year 2026SBA Communications Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects Site leasing revenue of $2,649.0 million to $2,674.0, $24.0 million change from February 26, 2026 outlook. Site development revenue of $190.0 million to $210.0 million. Total revenues of $2,839.0 million to $2,884.0 million. Net income to be $771.0 million to $824.0 million. Net income per share of $7.25 to $7.74. The company has increased full year 2026 outlook across all key metrics.
공시 • Feb 27+ 1 more updateSBA Communications Corporation Provides Earnings Guidance for the Full Year 2026SBA Communications Corporation provided earnings guidance for the full year 2026. For the year, the company expected total revenues to be $2,815.0 million to $2,860.0 million. Net income to be $774.5 million to $827.5 million or $7.28 to $7.78 per share.
공시 • Nov 04+ 1 more updateSBA Communications Corporation Updates Earnings Guidance for the Full Year 2025SBA Communications Corporation updated earnings guidance for the Full Year 2025. For the year, the company updated total revenues to be between $2,808.0 million to $2,828.0 million compared to $15.5 million increase from previous guidance midpoint. Net income guidance of $1,066.5 million or $9.91 per share to $1,111.5 million or $10.33 per share.
공시 • Oct 29SBA Communications Corporation Updates Earnings Outlook for the Year 2024SBA Communications Corporation updated earnings outlook for the year 2024. For the period, the company expects Total revenues of $2,660.0 to $2,680.0. Change from July 29, 2024 Outlook (13.0).
공시 • Apr 30+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Full Year 2024SBA Communications Corporation revised earnings guidance for the full year 2024. For the year, the company now expects total revenues of $2,657.0 million to $2,697.0 million, a decrease of $12 million from previous guidance provided on Feb. 26, 2024.
공시 • Feb 29SBA Communications Corporation Provides Earnings Guidance for the Year 2024SBA Communications Corporation provided earnings guidance for the year 2024. For the period, the company expects Total revenues of $2,669.0 million to $2,709.0 million. Net income will be of $520.0 million to $565.0 million. Net income per share will be of $4.77 to $5.18.
공시 • May 02SBA Communications Corporation Updates Earnings Guidance for the Fiscal Year 2026SBA Communications Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects Site leasing revenue of $2,649.0 million to $2,674.0, $24.0 million change from February 26, 2026 outlook. Site development revenue of $190.0 million to $210.0 million. Total revenues of $2,839.0 million to $2,884.0 million. Net income to be $771.0 million to $824.0 million. Net income per share of $7.25 to $7.74. The company has increased full year 2026 outlook across all key metrics.
공시 • Apr 15SBA Communications Corporation to Report Q1, 2026 Results on Apr 29, 2026SBA Communications Corporation announced that they will report Q1, 2026 results After-Market on Apr 29, 2026
공시 • Apr 10SBA Communications Corporation, Annual General Meeting, May 22, 2026SBA Communications Corporation, Annual General Meeting, May 22, 2026. Location: 8051 congress avenue, florida 33487, boca raton United States
공시 • Mar 28SBA Communications Corporation Announces Retirement of Mark Ciarfella as Executive Vice President, U.S. Operations, Effective December 31, 2026On March 24, 2026, Mark Ciarfella, Executive Vice President, U.S. Operations of SBA Communications Corporation provided notice of his intent to retire from his current title and roles at the Company and all its subsidiaries effective December 31, 2026. Mr. Ciarfella will remain as a non-executive employee through March 7, 2027 in order to further support the transition of his role and responsibilities.
공시 • Feb 27+ 1 more updateSBA Communications Corporation Provides Earnings Guidance for the Full Year 2026SBA Communications Corporation provided earnings guidance for the full year 2026. For the year, the company expected total revenues to be $2,815.0 million to $2,860.0 million. Net income to be $774.5 million to $827.5 million or $7.28 to $7.78 per share.
공시 • Feb 03SBA Communications Corporation to Report Q4, 2025 Results on Feb 26, 2026SBA Communications Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2026
Declared Dividend • Nov 06Third quarter dividend of US$1.11 announcedShareholders will receive a dividend of US$1.11. Ex-date: 13th November 2025 Payment date: 11th December 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.0%.
Reported Earnings • Nov 05Third quarter 2025 earnings released: FFO per share: US$3.1 (vs US$3.07 in 3Q 2024)Third quarter 2025 results: FFO per share: US$3.1 (up from US$3.07 in 3Q 2024). Revenue: US$732.3m (up 9.7% from 3Q 2024). Funds from operations (FFO): US$335.9m (up 1.6% from 3Q 2024). FFO margin: 46% (down from 50% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공시 • Nov 04+ 1 more updateSBA Communications Corporation Updates Earnings Guidance for the Full Year 2025SBA Communications Corporation updated earnings guidance for the Full Year 2025. For the year, the company updated total revenues to be between $2,808.0 million to $2,828.0 million compared to $15.5 million increase from previous guidance midpoint. Net income guidance of $1,066.5 million or $9.91 per share to $1,111.5 million or $10.33 per share.
공시 • Oct 13SBA Communications Corporation to Report Q3, 2025 Results on Nov 03, 2025SBA Communications Corporation announced that they will report Q3, 2025 results After-Market on Nov 03, 2025
New Risk • Aug 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 26x earnings per share. Cash payout ratio: 215% Dividend yield: 2.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-US$4.9b). Dividend is not well covered by earnings and cash flows. Dividend per share is over 26x earnings per share. Cash payout ratio: 215%
공시 • Aug 05+ 1 more updateSBA Communications Corporation Declares Quarterly Cash Dividend, Payable on September 18, 2025The Board of Directors of SBA Communications Corporation declared a quarterly cash dividend of $1.11 per share of the company’s Class A Common Stock. The distribution is payable September 18, 2025 to the shareholders of record at the close of business on August 21, 2025.
공시 • Jul 14SBA Communications Corporation to Report Q2, 2025 Results on Aug 04, 2025SBA Communications Corporation announced that they will report Q2, 2025 results After-Market on Aug 04, 2025
공시 • Apr 29+ 2 more updatesSBA Communications Corporation (NasdaqGS:SBAC) announces an Equity Buyback for $1,500 million worth of its shares.SBA Communications Corporation (NasdaqGS:SBAC) announces a share repurchase program. Under the program, the company will repurchase up to $1,500 million worth of its Class A common stock. The repurchased shares will be retired. The program has no expiration date.
공시 • Apr 08SBA Communications Corporation, Annual General Meeting, May 23, 2025SBA Communications Corporation, Annual General Meeting, May 23, 2025. Location: at sba communications corp, corporate office, 8051 congress avenue, fl 33487, boca raton United States
공시 • Apr 07SBA Communications Corporation to Report Q1, 2025 Results on Apr 28, 2025SBA Communications Corporation announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2025
공시 • Feb 25+ 2 more updatesAn undisclosed buyer entered into an agreement to acquire Towers and related assets held in Colombia from SBA Communications Corporation (NasdaqGS:SBAC).An undisclosed buyer entered into an agreement to acquire Towers and related assets held in Colombia from SBA Communications Corporation (NasdaqGS:SBAC) on February 20, 2025.
공시 • Feb 05SBA Communications Corporation to Report Q4, 2024 Results on Feb 24, 2025SBA Communications Corporation announced that they will report Q4, 2024 results After-Market on Feb 24, 2025
Declared Dividend • Nov 01Third quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 14th November 2024 Payment date: 12th December 2024 Dividend yield will be 1.1%, which is lower than the industry average of 4.0%.
공시 • Oct 30SBA Communications Corporation (NasdaqGS:SBAC) has entered into an agreement to acquire Portfolio of approximately 7,000 towers of Millicom International Cellular S.A. (NasdaqGS:TIGO) for approximately $980 million.SBA Communications Corporation (NasdaqGS:SBAC) has entered into an agreement to acquire Portfolio of approximately 7,000 towers of Millicom International Cellular S.A. (NasdaqGS:TIGO) for approximately $980 million on October 28, 2024. Total consideration will be paid of approximately $975 million, plus an earn-out contingent on achieving certain financial performance metrics. The transaction is subject to regulatory approvals and other closing conditions and is expected to close in mid-2025. Lazard, Inc. acted as financial advisor for Millicom International Cellular S.A. JPMorgan Chase & Co. acted as financial advisor for Millicom International Cellular S.A. Winston & Strawn LLP acted as legal advisor for Millicom International Cellular S.A. Goldman Sachs & Co. LLC acted as financial advisor for SBA Communications Corporation. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for SBA Communications Corporation.
공시 • Oct 29SBA Communications Corporation Updates Earnings Outlook for the Year 2024SBA Communications Corporation updated earnings outlook for the year 2024. For the period, the company expects Total revenues of $2,660.0 to $2,680.0. Change from July 29, 2024 Outlook (13.0).
공시 • Oct 07SBA Communications Corporation to Report Q3, 2024 Results on Oct 28, 2024SBA Communications Corporation announced that they will report Q3, 2024 results After-Market on Oct 28, 2024
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 30%After last week's 30% share price gain to Mex$4,524, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Specialized REITs industry globally. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,153 per share.
공시 • Jul 31+ 1 more updateSBA Communications Corporation Declares A Quarterly Cash Dividend on Class A Common Stock, Payable on September 18, 2024SBA Communications Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.98 per share of the Company’s Class A Common Stock. The distribution is payable September 18, 2024 to the shareholders of record at the close of business on August 22, 2024.
공시 • Jul 09SBA Communications Corporation to Report Q2, 2024 Results on Jul 29, 2024SBA Communications Corporation announced that they will report Q2, 2024 results After-Market on Jul 29, 2024
공시 • Jul 03SBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Midcap Growth IndexSBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Midcap Growth Index
New Risk • Jul 01New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Shares are highly illiquid. Negative equity (-US$5.2b). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
공시 • Apr 30+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Full Year 2024SBA Communications Corporation revised earnings guidance for the full year 2024. For the year, the company now expects total revenues of $2,657.0 million to $2,697.0 million, a decrease of $12 million from previous guidance provided on Feb. 26, 2024.
공시 • Apr 13SBA Communications Corporation, Annual General Meeting, May 23, 2024SBA Communications Corporation, Annual General Meeting, May 23, 2024, at 10:00 US Eastern Standard Time. Location: 8051 Congress Avenue, Boca Raton Florida United States Agenda: To elect four directors, Brendan T. Cavanagh, Mary S. Chan, Jay L. Johnson, and George R. Krouse, Jr., each for a three – year term expiring at the 2027 Annual Meeting of Shareholders; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the 2024 fiscal year; and to approve, on an advisory basis, the compensation of our named executive officers.
공시 • Apr 09SBA Communications Corporation to Report Q1, 2024 Results on Apr 29, 2024SBA Communications Corporation announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024
공시 • Feb 29SBA Communications Corporation Provides Earnings Guidance for the Year 2024SBA Communications Corporation provided earnings guidance for the year 2024. For the period, the company expects Total revenues of $2,669.0 million to $2,709.0 million. Net income will be of $520.0 million to $565.0 million. Net income per share will be of $4.77 to $5.18.
공시 • Feb 15Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish UnitSBA Communications Corporation (NasdaqGS:SBAC), Phoenix Tower and Asterion Industrial Partners are vying for Cellnex Telecom, S.A. (BME:CLNX) Irish unit, according to five sources familiar with the matter. Mobile phone tower operator Cellnex is advised by Santander (SAN.MC), and Barclays (BARC.L), on the deal and binding offers from the three parties are expected next week, three of the sources added, speaking on condition of anonymity. A deal would value Cellnex's Irish unit, which manages almost 2,000 sites in the country, close to EUR 1 billion ($1.08 billion), the fourth person said. Cellnex declined to comment.
공시 • Feb 06SBA Communications Corporation to Report Q4, 2023 Results on Feb 26, 2024SBA Communications Corporation announced that they will report Q4, 2023 results After-Market on Feb 26, 2024
공시 • Feb 02SBA Communications Corporation Announces Executive Changes, Effective August 1, 2024SBA Communications Corporation announced that long-term industry veteran, Jason Silberstein, Executive Vice President, Site Leasing will retire from his current title and role effective August 1, 2024. Succeeding Mr. Silberstein will be Donald Day. Mr. Day has been with SBA for 13 years, most recently serving as Senior Vice President, Services. The company also announced that Nichole Thomas, currently the Company’s Vice President, Site Development Services, will transition into the role previously held by Mr. Day. The appointments of Mr. Day and Ms. Thomas will each become effective on August 1, 2024. Mr. Day has served as the company’s Senior Vice President, Services since May 2018 and currently oversees all of the company’s services operations in the United States. He joined SBA in May 2011 as the North Regional Vice President and was promoted to Vice President – Services in January 2013. Prior to joining SBA, Mr. Day was a Vice President at General Dynamics, from January 2004 to May 2011, where he was responsible for managing the market and budget objectives of wireless deployment teams throughout the United States. Prior to General Dynamics, Mr. Day served in a variety of roles within the wireless services and infrastructure industry and earlier served four years in the United States Army. Ms. Thomas joined SBA in June 2023 and currently serves as Vice President, Site Development Services, leading the Company’s domestic new tower development and delivery of site development services for all major customers. Ms. Thomas has over 25 years of experience as a telecommunications industry executive with a history in network build strategy with companies such as DISH, Ericsson, SAC Wireless (a Nokia company), and Sprint. She has led large-scale programs and national site deployment efforts across all areas of the country. Before joining SBA, Ms. Thomas served as Regional Vice President of Network Deployment and Operations at Dish Wireless, spearheading the initial deployment of the first Open RAN, cloud-native 5G network in the United States.
공시 • Dec 23SBA Communications Corporation Announces Board AppointmentsOn December 19, 2023, SBA Communications Corporation appointed Mr. Brendan Cavanagh to the Company’s Board of Directors (the ‘Board’), effective January 1, 2024. Mr. Cavanagh will serve as a Class I director for a term expiring at the 2024 Annual Meeting of Shareholders, at which time he will stand for re-election. Concurrent with Mr. Cavanagh’s appointment, the Board will be expanded to ten members. Mr. Cavanagh’s appointment to the Board follows the previously announced CEO succession plan, pursuant to which Mr. Cavanagh will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024. In connection with the CEO succession plan, the Board has also appointed Mr. Stoops to the position of non-executive Chairman of the Board, effective January 1, 2024.
공시 • Nov 04SBA Communications Corporation Updates Earnings Outlook for the Year 2023SBA Communications Corporation updated earnings outlook for the year 2023. For the period, the company expects Total revenues of $2,705.0 to $2,725.0. Change from July 31, 2023 Outlook (12.0).
공시 • Nov 03SBA Communications Corporation Declares Quarterly Cash Dividend, Payable December 14, 2023Board of Directors of SBA Communications Corporation has declared quarterly cash dividend of $0.85 per share of the Company's Class A Common Stock. The distribution is payable December 14, 2023 to the shareholders of record at the close of business on November 16, 2023.
공시 • Oct 10SBA Communications Corporation to Report Q3, 2023 Results on Nov 02, 2023SBA Communications Corporation announced that they will report Q3, 2023 results at 5:00 PM, US Eastern Standard Time on Nov 02, 2023
공시 • Sep 14SBA Communications Corporation Announces CEO Changes, Effective January 1, 2024SBA Communications Corporation announced that Mr. Montagner’s appointment follows the Company’s previously announced CEO succession plan, pursuant to which Brendan Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.
공시 • Aug 01+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Full Year of 2023SBA Communications Corporation revised earnings guidance for the full year of 2023. For the year, the company expects total revenues to be between $2,707.0 million to $2,747.0 million, up $21.0 million from prior outlook range midpoint.
공시 • Jul 12SBA Communications Corporation to Report Q2, 2023 Results on Jul 31, 2023SBA Communications Corporation announced that they will report Q2, 2023 results on Jul 31, 2023
Board Change • Mar 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Jay Johnson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 01SBA Communications Corporation to Report Q4, 2022 Results on Feb 21, 2023SBA Communications Corporation announced that they will report Q4, 2022 results After-Market on Feb 21, 2023
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Jay Johnson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • May 30CEO, President & Director recently sold Mex$205m worth of stockOn the 24th of May, Jeffrey Stoops sold around 30k shares on-market at roughly Mex$6,843 per share. This was the largest sale by an insider in the last 3 months. Jeffrey has been a seller over the last 12 months, reducing personal holdings by Mex$467m.
Upcoming Dividend • May 11Upcoming dividend of US$0.71 per shareEligible shareholders must have bought the stock before 18 May 2022. Payment date: 14 June 2022. Trailing yield: 0.9%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (6.2%).
Reported Earnings • May 03First quarter 2022 earnings released: EPS: US$1.75 (vs US$0.11 loss in 1Q 2021)First quarter 2022 results: EPS: US$1.75 (up from US$0.11 loss in 1Q 2021). Revenue: US$619.8m (up 13% from 1Q 2021). Net income: US$188.6m (up US$200.4m from 1Q 2021). Profit margin: 30% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 6.8%, compared to a 8.2% growth forecast for the industry in Mexico.
Reported Earnings • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$2.17 (up from US$0.22 in FY 2020). Revenue: US$2.31b (up 11% from FY 2020). Net income: US$237.6m (up US$213.5m from FY 2020). Profit margin: 10% (up from 1.2% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.3%, compared to a 9.0% growth forecast for the reits industry in Mexico.
Board Change • Feb 25Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Fidelma Russo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Sep 10Executive VP recently sold Mex$488m worth of stockOn the 3rd of September, Thomas Hunt sold around 67k shares on-market at roughly Mex$7,273 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$1.1b more than they bought in the last 12 months.
Board Change • Sep 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Fidelma Russo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 18Upcoming dividend of US$0.58 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 23 September 2021. Trailing yield: 0.6%. Lower than top quartile of Mexican dividend payers (5.0%). Lower than average of industry peers (6.7%).
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS US$1.40 (vs US$0.20 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$575.5m (up 14% from 2Q 2020). Net income: US$152.7m (up US$129.9m from 2Q 2020). Profit margin: 27% (up from 4.5% in 2Q 2020). The increase in margin was primarily driven by higher revenue.
Board Change • Jul 28Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Fidelma Russo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jun 27+ 2 more updatesSBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Top 200 IndexSBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Top 200 Index
Recent Insider Transactions • Jun 08Independent Director recently sold Mex$154k worth of stockOn the 2nd of June, Fidelma Russo sold around 25.0 shares on-market at roughly Mex$6,143 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$10m. Insiders have been net sellers, collectively disposing of Mex$17m more than they bought in the last 12 months.
Recent Insider Transactions • Jun 05Independent Director recently sold Mex$154k worth of stockOn the 2nd of June, Fidelma Russo sold around 25.0 shares on-market at roughly Mex$6,143 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$10m. Insiders have been net sellers, collectively disposing of Mex$17m more than they bought in the last 12 months.
공시 • Jun 04SBA Communications Corporation (NasdaqGS:SBAC) and Paradigm Infrastructure Limited agreed to acquire Tower Portfolio from airtel TANZANIA LIMITED for approximately $180 million.SBA Communications Corporation (NasdaqGS:SBAC) and Paradigm Infrastructure Limited agreed to acquire Tower Portfolio from airtel TANZANIA LIMITED for approximately $180 million on June 2, 2021. The consideration of approximately $160 million is payable on the first closing date with the balance payable in instalments upon the completion of the transfer of any remaining towers to the Purchaser. Around $60 million from the proceeds will be used to invest in network and sales infrastructure in Tanzania and for distribution to the Government of Tanzania, as per the settlement described in the Airtel Africa IPO Prospectus document published in June 2019. The balance of the proceeds will be used to reduce debt at Group level. The transaction is expected to take place in the second half of the Group's current financial year.
Recent Insider Transactions • May 25Independent Director recently sold Mex$10m worth of stockOn the 18th of May, Duncan Cocroft sold around 2k shares on-market at roughly Mex$5,755 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$274m more than they bought in the last 12 months.
공시 • Apr 27+ 1 more updateSBA Communications Corporation Revises Earnings Guidance for the Fiscal Year 2021SBA Communications Corporation revised earnings guidance for the fiscal year 2021. For the year, the company expects total revenues in range of $2,220.0 to $2,260.0.
Reported Earnings • Feb 24Full year 2020 earnings released: EPS US$0.22 (vs US$1.30 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$2.08b (up 3.4% from FY 2019). Net income: US$24.1m (down 84% from FY 2019). Profit margin: 1.2% (down from 7.3% in FY 2019).
Analyst Estimate Surprise Post Earnings • Feb 24Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 5.3% while theREITs industry in Mexico is not expected to grow.
공시 • Feb 24SBA Communications Corporation (NasdaqGS:SBAC) acquired 25 communication sites for $8.4 million.SBA Communications Corporation (NasdaqGS:SBAC) acquired 25 communication sites for $8.4 million subsequent to the fourth quarter of 2020. The consideration was paid in cash. SBA Communications Corporation (NasdaqGS:SBAC) completed the acquisition of 25 communication sites for subsequent to the fourth quarter of 2020.
공시 • Feb 23DISH Network Corporation Signs Master Lease Agreement with SBA Communications CorporationDISH Network Corporation and SBA Communications Corporation announced a new long-term master lease agreement providing DISH access to SBA's extensive nationwide portfolio of wireless communication sites. The announcement builds upon DISH's continued progress in acquiring access to the essential infrastructure needed to deploy its greenfield 5G network coast to coast. As part of the agreement, DISH will lease towers from SBA, and SBA is expected to deliver a variety of pre-construction functions, ranging from site acquisition to regulatory and compliance services.
공시 • Feb 02SBA Communications Corporation to Report Q4, 2020 Results on Feb 22, 2021SBA Communications Corporation announced that they will report Q4, 2020 results After-Market on Feb 22, 2021
공시 • Jan 28SBA Communications Corporation(NasdaqGS:SBAC) dropped from S&P Telecom Select Industry IndexSBA Communications Corporation(NasdaqGS:SBAC) dropped from S&P Telecom Select Industry Index
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$0.20The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: US$522.9m (up 3.0% from 3Q 2019). Net income: US$22.6m (up 4.1% from 3Q 2019). Profit margin: 4.3% (in line with 3Q 2019).
Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 4.5% growth forecast for the REITs industry in Mexico.
Analyst Estimate Surprise Post Earnings • Nov 04Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 4.9% growth forecast for the REITs industry in Mexico.
Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS US$0.20The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: US$522.9m (up 3.0% from 3Q 2019). Net income: US$22.6m (up 4.1% from 3Q 2019). Profit margin: 4.3% (in line with 3Q 2019).
공시 • Nov 03SBA Communications Corporation (NasdaqGS:SBAC) acquired 44 communication sites and one data center for $73.5 million.SBA Communications Corporation (NasdaqGS:SBAC) acquired 44 communication sites and one data center for $73.5 million during the third quarter 2020. SBA Communications Corporation (NasdaqGS:SBAC) completed the acquisition of 44 communication sites and one data center for $73.5 million during the third quarter 2020.
공시 • Oct 13SBA Communications Corporation to Report Q3, 2020 Results on Nov 02, 2020SBA Communications Corporation announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 02, 2020
공시 • Sep 23+ 1 more updateAAT Communications Corporation completed the acquisition of 784 towers of SBA Communications Corp.'s tower assets in the Western United States from SBA Communications Corp. for $194.7 million.AAT Communications Corporation, a company backed by Charterhouse Group Inc., announced that it has agreed to acquire 679 towers of SBA Communications Corp.'s tower assets in the Western United States from SBA Communications Corp. for a consideration of $160 million on March 17, 2003. The agreement also gives AAT Communications Corporation an option to acquire another 122 towers of SBA Communications Corp. in Western United States for $43 million. The towers comprise substantially all of SBA's tower assets in the Western United States, including Michigan, Wisconsin, Iowa, Missouri, most of Texas and part of Illinois and Oklahoma. The consideration is subject to adjustments under certain circumstances. The transaction is expected to close in stages commencing on May 9, 2003 and ending on September 30, 2003. The transaction is subject to a number of conditions, including an amendment to SBA's senior credit facility. On May 9, 2003 SBA transferred its interests in 631 towers to AAT Communications for $145 million. Interests in an additional 48 towers are expected to be transferred to AAT on or before July 1, 2003 for $15 million. As of June 30, 2003, approximately $20 million of the proceeds was being held by an escrow agent in accordance with certain performance and indemnity obligation provisions of the agreement. On June 2, 2003, AAT Communications Corporation agreed to exercise the option to purchase 122 towers located in Wisconsin for $43 million. The closing of the sale of the 122 towers is expected to occur on or before October 1, 2003. Paul Hastings Janofsky & Walker LLP acted as the legal counsel to AAT Communications Corporation. TD Securities Inc. acted as the financial advisor on the deal, while Ernst & Young LLP provided auditory services. AAT Communications Corporation completed the acquisition of 784 towers of SBA Communications Corp.'s tower assets in the Western United States for a total consideration of $194.7 million on October 1, 2003. From July 1, 2003 through October 1, 2003, AAT Communications purchased another 153 towers making it a total purchase of 784 towers. The company also occurred $2.7 million as acquisition expenses.
공시 • Aug 31SBA Communications Corporation (NasdaqGS:SBAC) acquired JAX NAP.SBA Communications Corporation (NasdaqGS:SBAC) acquired JAX NAP on August 4, 2020. The Bank Street Group LLC served as exclusive financial advisor to JAX NAP in the transaction. SBA Communications Corporation (NasdaqGS:SBAC) completed the acquisition of JAX NAP on August 4, 2020.
공시 • Jul 17SBA Communications Corporation (REIT) to Report Q2, 2020 Results on Aug 03, 2020SBA Communications Corporation (REIT) announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 03, 2020