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SBA Communications NasdaqGS:SBAC Stock Report

Last Price

US$203.57

Market Cap

US$21.9b

7D

-5.0%

1Y

-19.0%

Updated

22 Dec, 2024

Data

Company Financials +

SBA Communications Corporation

NasdaqGS:SBAC Stock Report

Market Cap: US$21.9b

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
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health1/6
Dividends3/6

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SBA Communications Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for SBA Communications
Historical stock prices
Current Share PriceUS$203.57
52 Week HighUS$256.68
52 Week LowUS$183.64
Beta0.66
1 Month Change-7.74%
3 Month Change-15.37%
1 Year Change-19.04%
3 Year Change-45.61%
5 Year Change-15.67%
Change since IPO2,193.75%

Recent News & Updates

SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)

Oct 22

Recent updates

SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)

Oct 22

SBA Communications: Headwinds Persist, Macro Improves

Aug 06

SBA Communications: Too Expensive For What It Delivers

Jul 08

SBA Communications: A Solid Prospect In The Telecommunications Space

Apr 28

SBA Communications Q4: A Dividend Growth Machine For Your Income Portfolio

Apr 15

SBA Communications: Recent Results Impressive

Aug 23

SBA Communications drops as Hedgeye adds new best idea short call

Aug 16

SBA Communications FFO of $3.07 beats by $0.49, revenue of $652.01M beats by $25.69M

Aug 01

Shareholder Returns

SBACUS Specialized REITsUS Market
7D-5.0%-5.8%-2.4%
1Y-19.0%-2.0%23.3%

Return vs Industry: SBAC underperformed the US Specialized REITs industry which returned -2% over the past year.

Return vs Market: SBAC underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is SBAC's price volatile compared to industry and market?
SBAC volatility
SBAC Average Weekly Movement3.3%
Specialized REITs Industry Average Movement3.3%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: SBAC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SBAC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19891,787Brendan Cavanaghwww.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 capUS$21.89b
Earnings (TTM)US$685.43m
Revenue (TTM)US$2.66b

31.9x

P/E Ratio

8.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBAC income statement (TTM)
RevenueUS$2.66b
Cost of RevenueUS$598.32m
Gross ProfitUS$2.06b
Other ExpensesUS$1.38b
EarningsUS$685.43m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.37
Gross Margin77.51%
Net Profit Margin25.76%
Debt/Equity Ratio-240.3%

How did SBAC perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

30%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SBA Communications Corporation is covered by 43 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher WattsAtlantic Equities LLP
Brendan LynchBarclays
Amir RozwadowskiBarclays