Sba Communications (SBAC)
NASDAQ:SBAC
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SBAC Stock Chart & Stats
$223.14
$0.47(0.24%)
At close: 4:00 PM EST
$223.14
$0.47(0.24%)
Day’s Range― - ―
52-Week Range$162.41 - $243.16
Previous CloseN/A
Volume272.58K
Average Volume (3M)875.20K
Market Cap
$20.81B
Enterprise Value$36.64B
Total Cash (Recent Filing)$327.84M
Total Debt (Recent Filing)$15.42B
Price to Earnings (P/E)20.4
Beta0.25
Next Earnings
Aug 03, 2026EPS Estimate
1.84Next Dividend Ex-DateN/A
Dividend Yield2.31%
Share Statistics
EPS (TTM)9.54
Shares Outstanding106,063,020
10 Day Avg. Volume776,105
30 Day Avg. Volume875,200
Financial Highlights & Ratios
PEG Ratio0.48
Price to Book (P/B)-4.27
Price to Sales (P/S)7.37
P/FCF Ratio19.44
Enterprise Value/Market Cap1.76
Enterprise Value/Revenue12.84
Enterprise Value/Gross Profit20.18
Enterprise Value/Ebitda17.64
Forecast
1Y Price Target
$226.64Price Target Upside1.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)7.42
Revenue Forecast (FY)$2.86B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow GenerationSizable and recurring free cash flow (~$1.02B TTM) and operating cash flow (~$1.25B TTM) provide durable internal funding for tower builds, dividends, debt paydown and eventual buybacks. This cash profile supports capital allocation flexibility despite elevated leverage and underpins long‑term reinvestment and shareholder returns.
High Tower Cash‑flow MarginsVery high tower cash‑flow margins (~80%) and strong reported gross/net profitability indicate the business benefits from low incremental costs on colocation. These durable margin dynamics mean incremental tenants drive outsized margin contribution, supporting sustained profitability and cash conversion through network cycles.
Scalable Colocation Model And Growth PipelineThe core colocation model is inherently scalable: once sites operate, adding tenants boosts revenue with limited incremental costs. Successful Millicom integration and active new‑builds (60+ Central America towers, accretive land buys) show a repeatable organic growth pipeline tied to ongoing 4G/5G densification.
Bears Say
High Leverage And Negative Shareholders' EquityPersistent negative equity and a large debt load materially constrain financial flexibility. Negative book equity magnifies refinancing and covenant sensitivity, limits uses of leverage for growth, and raises the bar for future returns since balance sheet repair must compete with reinvestment and shareholder distributions.
Refinancing And Market‑dependent Funding RiskReliance on refinancing (a $1.2B ABS maturity) and a market‑dependent inaugural investment‑grade bond creates execution risk. If market conditions deteriorate or rates rise, borrowing costs and liquidity constraints could force slower deleveraging, reduced buybacks, or asset sales, altering long‑term capital allocation plans.
Elevated International Churn And Legal Revenue UncertaintyElevated international churn from consolidation, restructurings and rationalizations, plus removed EchoStar revenue and ongoing litigation, create structural revenue uncertainty in key markets. Prolonged churn or adverse legal outcomes could depress occupancy and slow recovery of international cash flows for multiple quarters.
SBA Communications News
SBAC FAQ
What was Sba Communications’s price range in the past 12 months?
Sba Communications lowest stock price was $162.41 and its highest was $243.16 in the past 12 months.
What is Sba Communications’s market cap?
Sba Communications’s market cap is $20.81B.
When is Sba Communications’s upcoming earnings report date?
Sba Communications’s upcoming earnings report date is Aug 03, 2026 which is in 60 days.
How were Sba Communications’s earnings last quarter?
Sba Communications released its earnings results on Apr 29, 2026. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.778 by -$0.038.
Is Sba Communications overvalued?
According to Wall Street analysts Sba Communications’s price is currently Undervalued.
Does Sba Communications pay dividends?
Sba Communications pays a Quarterly dividend of $1.11 which represents an annual dividend yield of 2.31%. See more information on Sba Communications dividends here
What is Sba Communications’s EPS estimate?
Sba Communications’s EPS estimate is 1.84.
How many shares outstanding does Sba Communications have?
Sba Communications has 106,063,020 shares outstanding.
What happened to Sba Communications’s price movement after its last earnings report?
Sba Communications reported an EPS of $1.74 in its last earnings report, missing expectations of $1.778. Following the earnings report the stock price went up 2.422%.
Which hedge fund is a major shareholder of Sba Communications?
Currently, no hedge funds are holding shares in SBAC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
SBA Communications Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$226.64 (1.57% Upside)
$226.64 (1.57% Upside)
Blogger Sentiment
Bullish
SBAC Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 897.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-13.07%
12-Months-Change
Fundamentals
Return on Equity
-20.90%
Trailing 12-Months
Asset Growth
12.24%
Trailing 12-Months
Company Description
Sba Communications
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.
SBAC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple operational and financial positives — upgraded guidance, strong ~80% tower cash flow margins, dividend growth (~13% YoY), healthy U.S. and international leasing additions, successful Millicom integration and prudent leverage management (6.6x within a 6–7x target). Key risks include elevated international churn (peaking in 2026), an ongoing EchoStar dispute with removed revenue, dependence on refinancing assumptions (including a $1.2B ABS refinance and a market-dependent inaugural investment-grade bond), and a temporary pause in buybacks while paying down revolver. On balance, the company presented more significant and actionable positives than negatives, with manageable near-term risks.View all SBAC earnings summariesSBAC Revenue Breakdown
66.27% Domestic Site Leasing
25.04% International site leasing
8.69% Site Development
SBAC Stock 12 Month Forecast
Average Price Target
$226.64
▲(1.57% Upside)
Technical Analysis
Ownership Overview
0.67% Insiders
36.03% Mutual Funds
27.29% Other Institutional Investors
8.30% Public Companies and
Individual Investors