SBA Communications Corporation

NasdaqGS:SBAC Stok Raporu

Piyasa değeri: US$22.0b

SBA Communications Geçmiş Kazanç Performansı

Geçmiş kriter kontrolleri 4/6

SBA Communications yıllık ortalama 28.8% oranında kazançlarını artırırken, Specialized REITs sektöründe kazançlar growing at 8.3% annual. Gelirler yılda ortalama 4.8% oranında büyüyor .

Anahtar bilgiler

28.84%

Kazanç büyüme oranı

29.26%

EPS büyüme oranı

Specialized REITs Sektör Büyümesi18.00%
Gelir büyüme oranı4.80%
Özkaynak getirisin/a
Net Marj35.66%
Son Kazanç Güncellemesi31 Mar 2026

Yakın geçmiş performans güncellemeleri

Recent updates

Anlatı Güncellemesi • Apr 19

SBAC: Takeover Interest And Churn Reset Will Shape Post 2026 Cash Flows

The analyst price target for SBA Communications has been revised from $222.80 to $228.70, as analysts factor in slightly lower discount rates and modestly higher projected profit margins reflected in recent target adjustments across several research firms. Analyst Commentary Recent research updates on SBA Communications reflect a mix of enthusiasm about the company’s assets and growth options, alongside concerns about customer churn, financing costs, and execution against guidance.
Seeking Alpha • Apr 07

SBA Communications: Shares Jump On Potential Takeover, But Uncertainty Remains High (Rating Downgrade)

Summary SBA Communications Corp (SBAC) is downgraded from buy to hold due to persistent headwinds and takeover uncertainty. SBAC's recent performance lags peers, with AFFO and revenue missing estimates amid elevated churn and international challenges. Financial health remains solid: leverage at 6.4x, strong dividend coverage, and active share repurchases support liquidity. Near-term volatility is expected; takeover news is priced in, and significant upside appears unlikely until headwinds subside. Read the full article on Seeking Alpha
Anlatı Güncellemesi • Apr 02

SBAC: Churn Reset And Steady Carrier Activity Will Support Post 2026 Cash Flows

Narrative Update The analyst price target for SBA Communications has edged down by about $1 to roughly $223, as analysts factor in slightly higher discount rates, modestly different revenue growth and margin expectations, and broadly mixed target revisions across recent research updates. Analyst Commentary Recent research on SBA Communications shows a mix of optimism about the tower portfolio and caution around customer churn, international exposure, and financing costs.
Anlatı Güncellemesi • Mar 18

SBAC: Churn Reset And Steady Carrier Activity Will Support Post 2026 Cash Flows

Analysts have trimmed the SBA Communications fair value estimate by about $1 to $224, with slightly higher discount rates and more cautious revenue growth and margin assumptions. This reflects recent price target cuts tied to DISH and EchoStar churn, higher financing costs, expense pressure, and mixed but steady carrier activity commentary.
Anlatı Güncellemesi • Mar 04

SBAC: Churn Pull Forward And EchoStar Reset Will Support Post 2026 Cash Flows

The updated analyst price target for SBA Communications edges down by about $2 to roughly $226, as analysts factor in slightly softer revenue growth, modestly lower profit margins, and a marginally reduced future P/E outlook that reflect recent revisions tied to carrier churn, the removal of DISH and EchoStar from forecasts, and higher expected financing costs. Analyst Commentary Recent research updates paint a mixed picture for SBA Communications, with most price targets edging lower and only one moving higher.
Anlatı Güncellemesi • Feb 18

SBAC: EchoStar Overhang Reset Will Support Future Cash Flow Visibility

Narrative Update: SBA Communications Analyst Price Target Change The Street has lowered its aggregated price target on SBA Communications by $15 to $240, as analysts factor in more cautious new leasing assumptions and the potential impact from EchoStar on tower company fundamentals. Analyst Commentary Recent research notes point to a more cautious stance on SBA Communications, with several firms trimming their price targets and aligning expectations with a slower new leasing backdrop and the uncertainty around EchoStar and Dish.
Anlatı Güncellemesi • Feb 04

SBAC: EchoStar Resolution Will Support Future Cash Flow Visibility

Narrative Update on SBA Communications Analysts have trimmed their price targets on SBA Communications by a mid teens dollar amount, reflecting slightly more conservative revenue growth and discount rate assumptions, and citing sector wide caution around leasing trends and the EchoStar related overhang. Analyst Commentary Recent research on SBA Communications clusters around a few key themes, with price targets adjusted lower and a tighter focus on leasing trends and the EchoStar and Dish situation.
Anlatı Güncellemesi • Jan 21

SBAC: Verizon Lease Agreement Will Support Future Cash Flow Visibility

Analysts have trimmed their price target on SBA Communications by about US$4 to reflect slightly higher discount rates and more conservative leasing and industry assumptions linked to the EchoStar and Dish overhang, even though profit margin expectations and a lower future P/E input support the updated valuation. Analyst Commentary Recent research updates give you a mixed but useful read on how the Street is thinking about SBA Communications, especially around leasing trends, legal risks tied to EchoStar and Dish, and how much to pay for the stock after a series of price target cuts.
Anlatı Güncellemesi • Jan 06

SBAC: Verizon Agreement And Leasing Strength Will Support Future Cash Flows

Analysts have trimmed their price targets and our fair value estimate for SBA Communications to about $232.50, reflecting slightly higher discount rates and updated sector views after recent legal and carrier spending reviews across the tower group. Analyst Commentary Recent Street research on SBA Communications points to a more cautious stance on valuation, even as some operational data and contract wins support the underlying tower business.
Anlatı Güncellemesi • Dec 14

SBAC: New Verizon Lease Agreement Will Support Future Revenue Amid Legal Uncertainty

Analysts have trimmed their price target for SBA Communications slightly lower, with a modest fair value reduction of about $0.40 to roughly $234.90. This reflects sector wide target cuts as they factor in legal and leasing uncertainties across the tower group, while still recognizing SBA's resilient fundamentals and improved visibility from recent agreements.
Anlatı Güncellemesi • Nov 30

SBAC: New Verizon Agreement Will Support Recurring Revenue Amid Carrier Uncertainty

The analyst price target for SBA Communications was lowered modestly in recent updates. Analysts cited factors such as ongoing legal uncertainties, changes in carrier leasing expectations, and mixed trends in domestic and international growth as reasons for the decrease of several dollars per share across a range of firms.
Anlatı Güncellemesi • Nov 16

SBAC: Future Leasing Visibility Will Likely Drive Share Recovery Amid Industry Churn

The analyst price target for SBA Communications has been lowered, with the fair value decreasing by approximately $5 to $235.71. Analysts cite pressure from reduced leasing expectations, ongoing churn, and industry spectrum transactions as key reasons for the adjustment.
Anlatı Güncellemesi • Nov 02

SBAC: Raised Guidance And Buyback Will Offset Near-Term Leasing Churn

SBA Communications' analyst price target has been revised downward, reflecting a reduction of several dollars per share as analysts cite factors such as increased churn, lower leasing expectations, and sector-wide headwinds from recent spectrum transactions. Analyst Commentary Recent Street research reveals a mix of optimism and caution among analysts evaluating SBA Communications, as price targets and ratings are adjusted in response to changing sector dynamics and company-specific factors.
Anlatı Güncellemesi • Oct 18

5G And AI Demand Will Drive Global Tower Expansion

SBA Communications' analyst price target was revised downward by $9 to $239, as analysts cite factors including lower leasing expectations, ongoing churn from spectrum sales, and updated carrier forecasts that are impacting future growth assumptions. Analyst Commentary Recent research updates have led to a series of adjustments in price targets and outlooks for SBA Communications.
Anlatı Güncellemesi • Oct 04

5G And AI Demand Will Drive Global Tower Expansion

Analysts have lowered their price target for SBA Communications to approximately $248.88 from $254.47. They cite ongoing leasing headwinds and industry-specific challenges, which have prompted a reassessment of growth expectations.
Anlatı Güncellemesi • Sep 16

5G And AI Demand Will Drive Global Tower Expansion

Analysts modestly lowered SBA Communications’ price target reflecting sector headwinds from EchoStar’s spectrum sale and anticipated slower global expansion, but remain positive on the stock’s limited near-term risk exposure and improved 2025 guidance, resulting in a revised fair value of $254.47. Analyst Commentary Bullish analysts view the recent contraction in tower stocks as an overreaction, seeing current SBA share levels as an opportunity to buy at a discount to historical valuations.
Seeking Alpha • Mar 20

SBA Communications: Headwinds Persist, But Growth Potential Remains (Rating Downgrade)

Summary SBA Communications faces headwinds, particularly in Brazil, but remains a compelling buy due to strong fundamentals, dividend coverage, and upside potential. The recent acquisition of 7,000 towers from Millicom is expected to drive growth and establish a leading position in Central America. Despite foreign exchange challenges, SBAC's AFFO and revenue have shown solid growth, and the REIT continues to deleverage its balance sheet effectively. Long-term dividend growth investors benefit from SBAC's low payout ratio, strong dividend growth, and potential significant upside if economic conditions stabilize. Read the full article on Seeking Alpha
Seeking Alpha • Jan 13

SBA Communications: Mission-Critical Assets At A Hefty Discount

Summary SBA Communications' stock has dropped to far below historical valuation, creating an attractive entry point for long-term investors in mission-critical wireless infrastructure. SBAC benefits from durable revenue streams, low tenant turnover, and strong profitability, supported by a high EBITDA margin and growing international presence. Recent Central American acquisition enhances growth prospects, while disciplined capital allocation supports dividend growth and financial flexibility. SBAC's strong cash flow margins, improving AFFO per share, and undervaluation relative to historical averages position it for potential market-beating returns. Read the full article on Seeking Alpha
Seeking Alpha • Oct 22

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

Summary The Fed easing monetary conditions impacts cell tower REITs considerably given the capital intensity of investments and the dividends they pay. Utilizing a higher level of debt, lower rates should have a better impact on SBAC Communications, namely on profitability and FFO, meaning it deserves better. Also, a comparison with peers indicates its capital structure may be more suitable for the current environment without forgetting the growth drivers likely to offset weakness. However, this remains a highly rate-sensitive stock implying volatility. Still, in periods of uncertainty, being invested in a REIT that has been growing dividends at a rapid pace and can continue doing so, provides a feeling of comfort. Read the full article on Seeking Alpha
Seeking Alpha • Aug 06

SBA Communications: Headwinds Persist, Macro Improves

Summary SBAC reported 2Q24 revenues slightly below consensus, with net sales of $660.5 mm, primarily impacted by international sales and site development. Management expects challenges to continue due to the devaluation of the Brazilian Real, with FFO remaining under pressure. The recent weakening of the BRL is expected to negatively impact 3Q24 results, with lower construction volume forecasted for the full year. Despite positive short-term macro tailwinds, I find SBA Communications' valuation to remain expensive. Read the full article on Seeking Alpha
Seeking Alpha • Jul 08

SBA Communications: Too Expensive For What It Delivers

Summary SBA Communications is a leading owner and operator of wireless communications infrastructure, with operations in the U.S. and internationally. Headwinds from exposure to weakening currencies, high interest rates and leverage have been impacting the company. Despite that, SBA Communications still trades at a premium relative to peers. I question whether that valuation makes sense. Read the full article on Seeking Alpha
Seeking Alpha • Apr 28

SBA Communications: A Solid Prospect In The Telecommunications Space

Summary SBA Communications is a major player in the telecommunications tower industry, focusing on owning and leasing towers globally. The company has achieved solid growth, with revenue increasing at an annualized rate of 7.7% and the number of telecommunication sites growing by 38.3% in international markets. SBA Communications has seen significant growth in Brazil, which has accounted for 48.3% of its international location growth and is a promising market for telecommunications towers. The picture could change with earnings, but so long as profits grow, the overall situation remains positive. Read the full article on Seeking Alpha
Seeking Alpha • Apr 15

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

Summary SBA Communications is a REIT focused on owning and operating cell towers, offering income stability and strong dividend growth over the past 5 years. The company's financial performance during fiscal year '23 showed a beat on FFO but a decline in revenue in Q4. Despite the challenges faced by REITs, SBAC managed to post growth in revenue and double-digit growth in FFO and net income. If interest rates remain higher for longer, SBAC's share price will continue to see volatility. SBA Communications has grown their dividend nearly 165% in the past 5 years, and with a current low payout ratio of less than 30%, this will likely continue for the foreseeable future. Read the full article on Seeking Alpha

Gelir ve Gider Dağılımı

SBA Communications nasıl para kazanır ve harcar. LTM bazında en son bildirilen kazançlara dayanmaktadır.

Kazanç ve Gelir Geçmişi

NasdaqGS:SBAC Gelir, gider ve kazançlar (USD Millions )
TarihGelirKazançlarG+A GiderleriAr-Ge Giderleri
31 Mar 262,8541,0182810
31 Dec 252,8151,0542770
30 Sep 252,7898572710
30 Jun 252,7258792660
31 Mar 252,6868162570
31 Dec 242,6807502590
30 Sep 242,6616852590
30 Jun 242,6765142630
31 Mar 242,6945552640
31 Dec 232,7125022680
30 Sep 232,7234962700
30 Jun 232,7165082710
31 Mar 232,6893742710
31 Dec 222,6334612620
30 Sep 222,5424072530
30 Jun 222,4563552380
31 Mar 222,3804382290
31 Dec 212,3092382200
30 Sep 212,2502952030
30 Jun 212,1832692000
31 Mar 212,1151391950
31 Dec 202,083241940
30 Sep 202,061-141900
30 Jun 202,045-151840
31 Mar 202,038-61900
31 Dec 192,0151471930
30 Sep 191,9851371840
30 Jun 191,9451311760
31 Mar 191,901421570
31 Dec 181,866471430
30 Sep 181,825-21380
30 Jun 181,792311350
31 Mar 181,763981320
31 Dec 171,7281041310
30 Sep 171,7011011150
30 Jun 171,678371150
31 Mar 171,657601290
31 Dec 161,633761250
30 Sep 161,6241021370
30 Jun 161,623-391330
31 Mar 161,628-431140
31 Dec 151,638-1761130
30 Sep 151,636-2061110
30 Jun 151,619-671100

Kaliteli Kazançlar: SBAC yüksek kaliteli kazançlar sağlıyor.

Büyüyen Kar Marjı: SBAC 'nin mevcut net kar marjları (35.7%) geçen yılın (30.4%) sinden daha yüksektir.

Serbest Nakit Akışı ve Kazanç Analizi

Geçmiş Kazanç Büyüme Analizi

Kazanç Eğilimi: SBAC şirketinin kazançları son 5 yılda yılda 28.8% oranında önemli ölçüde arttı.

Büyüme Hızlandırma: SBAC 'un son bir yıldaki kazanç büyümesi ( 24.8% ) 5 yıllık ortalamasının ( 28.8% /yıl) altındadır.

Kazançlar vs. Sektör: SBAC geçen yılki kazanç büyümesi ( 24.8% ) Specialized REITs sektörünün 9% değerini aştı.

Özkaynak Getirisi

Yüksek ROE: SBAC 'un yükümlülükleri varlıklarından fazla olduğundan Özsermaye Getirisi'ni hesaplamak zordur.

Varlık Getirisi

Kullanılan Sermaye Getirisi

Geçmişte güçlü performans gösteren şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/21 20:06
Gün Sonu Hisse Fiyatı2026/05/21 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

SBA Communications Corporation 39 Bu analistlerden 19, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Amir RozwadowskiBarclays
Brendan LynchBarclays
Clayton MoranBenchmark Company