SBA Communications (BMV:SBAC *) - Stock Price, News & Analysis

SBAC * Stock Overview

A leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. More details

SBAC * fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	4/6
Financial Health	1/6
Dividends	2/6

Rewards

Trading at 31.5% below our estimate of its fair value

Earnings are forecast to grow 11.58% per year

Earnings grew by 38.3% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Negative shareholders equity

Shares are highly illiquid

Significant insider selling over the past 3 months

SBA Communications Corporation Competitors

Fideicomiso Opsimex

BMV:FSITES 20

Mex$88.1b

Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo

BMV:EDUCA 18

Mex$69.6b

FIBRA Prologis

BMV:FIBRAPL 14

Mex$98.4b

Fibra UNO

BMV:FUNO 11

Mex$86.1b

Price History & Performance

Summary of all time highs, changes and price drops for SBA Communications
Historical stock prices
Current Share Price	US$4,494.54
52 Week High	US$4,604.41
52 Week Low	US$3,488.80
Beta	0.67
11 Month Change	-0.66%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	-3.32%
Change since IPO	14.75%

Recent updates

Shareholder Returns

	SBAC *	MX Specialized REITs	MX Market
7D	0%	-0.8%	-1.6%
1Y	n/a	12.4%	-3.1%

Return vs Industry: Insufficient data to determine how SBAC * performed against the MX Specialized REITs industry.

Return vs Market: Insufficient data to determine how SBAC * performed against the MX Market.

Price Volatility

Is SBAC *'s price volatile compared to industry and market?
SBAC * volatility
SBAC * Average Weekly Movement	n/a
Specialized REITs Industry Average Movement	2.9%
Market Average Movement	4.0%
10% most volatile stocks in MX Market	6.2%
10% least volatile stocks in MX Market	2.6%

Stable Share Price: SBAC *'s share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine SBAC *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1989	1,787	Brendan Cavanagh	www.sbasite.com

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization.

SBA Communications Corporation Fundamentals Summary

How do SBA Communications's earnings and revenue compare to its market cap?
SBAC * fundamental statistics
Market cap	Mex$484.68b
Earnings (TTM)	Mex$13.98b
Revenue (TTM)	Mex$54.25b

34.7x

P/E Ratio

8.9x

P/S Ratio

Is SBAC * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBAC * income statement (TTM)
Revenue	US$2.66b
Cost of Revenue	US$598.32m
Gross Profit	US$2.06b
Other Expenses	US$1.38b
Earnings	US$685.43m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.37
Gross Margin	77.51%
Net Profit Margin	25.76%
Debt/Equity Ratio	-240.3%

How did SBAC * perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

30%

Payout Ratio

Does SBAC * pay a reliable dividends?

See SBAC * dividend history and benchmarks

When do you need to buy SBAC * by to receive an upcoming dividend?
SBA Communications dividend dates
Ex Dividend Date	Nov 14 2024
Dividend Pay Date	Dec 12 2024
Days until Ex dividend	5 days
Days until Dividend pay date	23 days

Does SBAC * pay a reliable dividends?

See SBAC * dividend history and benchmarks

SBAC * Stock Overview

Rewards

Risk Analysis

SBA Communications Corporation Competitors

BMV:FSITES 20

Mex$88.1b

BMV:EDUCA 18

Mex$69.6b

BMV:FIBRAPL 14

Mex$98.4b

BMV:FUNO 11

Mex$86.1b

Price History & Performance

Recent News & Updates

Third quarter dividend of US$0.98 announced

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.

SBA Communications Corporation to Report Q3, 2024 Results on Oct 28, 2024

Investor sentiment improves as stock rises 30%

SBA Communications Corporation Declares A Quarterly Cash Dividend on Class A Common Stock, Payable on September 18, 2024

SBA Communications Corporation to Report Q2, 2024 Results on Jul 29, 2024

Recent updates

Third quarter dividend of US$0.98 announced

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.

SBA Communications Corporation to Report Q3, 2024 Results on Oct 28, 2024

Investor sentiment improves as stock rises 30%

SBA Communications Corporation Declares A Quarterly Cash Dividend on Class A Common Stock, Payable on September 18, 2024

SBA Communications Corporation to Report Q2, 2024 Results on Jul 29, 2024

SBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Midcap Growth Index

New minor risk - Dividend sustainability

SBA Communications Corporation Revises Earnings Guidance for the Full Year 2024

SBA Communications Corporation, Annual General Meeting, May 23, 2024

SBA Communications Corporation to Report Q1, 2024 Results on Apr 29, 2024

SBA Communications Corporation Declares Quarterly Cash Dividend on Class A Common Stock for the Fourth Quarter Ended December 31, 2023, Payable on March 28, 2024

Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish Unit

SBA Communications Corporation to Report Q4, 2023 Results on Feb 26, 2024

SBA Communications Corporation Announces Executive Changes, Effective August 1, 2024

SBA Communications Corporation Announces Board Appointments

SBA Communications Corporation Updates Earnings Outlook for the Year 2023

SBA Communications Corporation to Report Q3, 2023 Results on Nov 02, 2023

SBA Communications Corporation Announces CFO Changes

SBA Communications Corporation Revises Earnings Guidance for the Full Year of 2023

SBA Communications Corporation to Report Q2, 2023 Results on Jul 31, 2023

SBA Communications Corporation to Report Q2, 2023 Results on Jul 31, 2023

Insufficient new directors

SBA Communications Corporation to Report Q4, 2022 Results on Feb 21, 2023

Insufficient new directors

SBA Communications Corporation Updates Revenue Guidance for the Full Year 2022

SBA Communications Corporation to Report Q3, 2022 Results on Oct 31, 2022

SBA Communications Corporation Declares Quarterly Cash Dividend, Payable on September 20, 2022

SBA Communications Corporation to Report Q2, 2022 Results on Aug 01, 2022

SBA Communications Corporation Announces Management Changes

CEO, President & Director recently sold Mex$205m worth of stock

Upcoming dividend of US$0.71 per share

First quarter 2022 earnings released: EPS: US$1.75 (vs US$0.11 loss in 1Q 2021)

Sba Communications Corporation Declares Quarterly Cash Dividend on Class A Common Stock, Payable June 14, 2022

SBA Communications Corporation to Report Q1, 2022 Results on Apr 25, 2022

SBA Communications Corporation, Annual General Meeting, May 12, 2022

SBA Communications Announces Election of Jay L. Johnson to Board of Directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

SBA Communications Corporation Provides Earnings Guidance for the Full Year 2022

Insufficient new directors

SBA Communications Corporation to Report Q4, 2021 Results on Feb 28, 2022

Paradigm Infrastructure Limited and SBA Communications Corporation (NasdaqGS:SBAC) acquired Telecommunications Tower Assets Of Airtel Africa In Tanzania from Airtel Africa Plc (LSE:AAF) for approximately $180 million.

Executive VP recently sold Mex$488m worth of stock

Insufficient new directors

Upcoming dividend of US$0.58 per share

SBA Communications Corporation (NasdaqGS : SBAC) acquired 57 communication sites for $67 million.

Second quarter 2021 earnings released: EPS US$1.40 (vs US$0.20 in 2Q 2020)

Insufficient new directors

SBA Communications Corporation(NasdaqGS:SBAC) dropped from Russell Top 200 Index

Independent Director recently sold Mex$154k worth of stock

Independent Director recently sold Mex$154k worth of stock

SBA Communications Corporation (NasdaqGS:SBAC) and Paradigm Infrastructure Limited agreed to acquire Tower Portfolio from airtel TANZANIA LIMITED for approximately $180 million.

Independent Director recently sold Mex$10m worth of stock

SBA Communications Corporation Revises Earnings Guidance for the Fiscal Year 2021

Full year 2020 earnings released: EPS US$0.22 (vs US$1.30 in FY 2019)

Revenue misses expectations

SBA Communications Corporation (NasdaqGS:SBAC) acquired 25 communication sites for $8.4 million.

DISH Network Corporation Signs Master Lease Agreement with SBA Communications Corporation

SBA Communications Corporation to Report Q4, 2020 Results on Feb 22, 2021