SBA Communications (SBAC) Stock Price

SBA Communications Price

NASDAQ·CLOSED
182.60USD+7.36 (+4.11 %)
Market closed

Revenue has compounded at 11.6% per year over the past 19 years to 2.82 B USD. Earnings per share have grown at 36.1% per year over the last 9 years. SBA Communications's net margin stands at 37.4%, up from 10.3% several years earlier. SBA Communications currently offers a dividend yield of about 2.43%. The payout ratio is around 45% of earnings. The dividend has grown at 34.8% per year over the past 6 years. Analysts set a median price target of 226.95 USD, implying 24.3% above the current price. Of 25 analysts, 15 rate the stock a buy — an overall Buy consensus. The stock trades about 11% above its 52-week low.

SBA Communications stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of SBA Communications over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how SBA Communications stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing SBA Communications's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

SBA Communications Stock Price History
DateSBA Communications Price
8/6/2026182.60 USD
8/5/2026175.24 USD
8/4/2026185.38 USD
8/3/2026179.54 USD
7/31/2026180.98 USD
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9/29/2025196.10 USD
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9/25/2025194.22 USD
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9/23/2025198.82 USD
9/22/2025198.00 USD
9/19/2025199.11 USD
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9/10/2025193.57 USD
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9/8/2025191.35 USD
9/5/2025198.00 USD
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9/3/2025199.31 USD
9/2/2025202.00 USD
8/29/2025204.50 USD
8/28/2025206.04 USD
8/27/2025208.13 USD
8/26/2025218.84 USD
8/25/2025221.57 USD
8/22/2025222.51 USD
8/21/2025220.89 USD
8/20/2025223.71 USD
8/19/2025220.26 USD
8/18/2025215.15 USD
8/15/2025219.94 USD
8/14/2025216.91 USD
8/13/2025219.39 USD
8/12/2025217.99 USD
8/11/2025219.11 USD
Access this data via the Eulerpool API

SBA Communications Revenue, FFO, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
FFO
Net Income
Details
Date
Revenue
FFO
Net Income
Jan 1, 2023
2.71 B USD
1.24 B USD
501.81 M USD
Jan 1, 2024
2.68 B USD
1.02 B USD
749.54 M USD
Jan 1, 2025
2.82 B USD
1.32 B USD
1.05 B USD
Jan 1, 2026 (e)
2.86 B USD
0.00 USD
798.85 M USD
Jan 1, 2027 (e)
2.94 B USD
0.00 USD
898.14 M USD
Jan 1, 2028 (e)
3.05 B USD
0.00 USD
988.30 M USD
Jan 1, 2029 (e)
3.19 B USD
0.00 USD
1.01 B USD
Jan 1, 2030 (e)
3.24 B USD
0.00 USD
1.03 B USD

SBA Communications Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 9, 2026, 2:42 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
1.641.631.731.872.012.082.312.632.712.682.822.862.943.053.193.24
7.27-0.315.767.997.993.4310.8014.082.96-1.185.081.602.663.884.521.47
72.1673.4273.4274.2674.7876.3375.1773.6076.6177.3041.6041.6041.6041.6041.6041.60
1.181.201.271.391.511.591.741.942.082.071.171.191.221.271.331.35
0.310.430.460.540.580.630.780.930.921.531.372.302.362.452.562.60
19.0526.2126.5229.1728.9530.3933.8835.1334.0556.9248.6780.3580.3580.3380.3680.37
-0.180.080.100.050.150.020.240.460.500.751.050.800.900.991.011.03
629.17-143.4335.53-54.37210.64-83.56887.5094.518.6849.5040.59-24.2212.5310.022.231.78
1.481.862.322.843.403.924.445.005.957.08
25.6824.7322.4119.7215.2913.2712.6119.0018.99
126.96123.31118.93115.01114.31112.54110.73109.30108.58108.11106.65106.65106.65106.65106.65106.65
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales SBA Communications generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue SBA Communications retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare SBA Communications's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares SBA Communications has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against SBA Communications's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

SBA Communications stock margins

The SBA Communications margin analysis displays the gross margin, EBIT margin, as well as the profit margin of SBA Communications. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for SBA Communications.
  • 3 Years

  • 5 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
75.18 %
33.89 %
10.29 %
Jan 1, 2022
73.59 %
35.14 %
17.52 %
Jan 1, 2023
76.61 %
34.06 %
18.51 %
Jan 1, 2024
77.32 %
56.91 %
27.97 %
Jan 1, 2025
41.61 %
48.67 %
37.43 %
Jan 1, 2026 (e)
41.61 %
80.35 %
27.93 %
Jan 1, 2027 (e)
41.61 %
80.35 %
30.58 %
Jan 1, 2028 (e)
41.61 %
80.35 %
32.40 %

SBA Communications Stock Revenue, EBIT, Earnings per Share

The SBA Communications earnings per share therefore indicates how much revenue SBA Communications has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
20.85 USD
7.07 USD
2.15 USD
Jan 1, 2022
24.09 USD
8.47 USD
4.22 USD
Jan 1, 2023
24.97 USD
8.51 USD
4.62 USD
Jan 1, 2024
24.79 USD
14.11 USD
6.93 USD
Jan 1, 2025
26.40 USD
12.85 USD
9.88 USD
Jan 1, 2026 (e)
26.60 USD
21.55 USD
7.43 USD
Jan 1, 2027 (e)
27.31 USD
22.12 USD
8.35 USD
Jan 1, 2028 (e)
28.36 USD
22.98 USD
9.19 USD

SBA Communications business model & stock analysis

SBA Communications Corp is a leading provider of communication infrastructure in the US and Latin America. The company was founded in 1989 and is headquartered in Boca Raton, Florida. SBA Communications Corp has established itself as a leading provider of communication infrastructure in the US and Latin America, operating over 31,000 sites and offering a wide range of services including mobile towers, rooftop sites, distributed antenna systems (DAS), and fiber networks. The company has a portfolio of over 15,000 customers, including all major US mobile providers. SBA Communications Corp's business model revolves around leasing communication infrastructure to mobile providers and other customers, offering them a location to install their antennas or devices in exchange for monthly rent. The company operates in North and South America, with its North American activities focused on the US market and its Latin America segment covering sites in Brazil, Colombia, Costa Rica, Chile, and Peru. SBA Communications Corp offers various products and services, including a range of towers for different frequencies and bands, distributed antenna systems (DAS) that enable higher capacity in limited areas, rooftop sites for antenna installation, and fiber networks for fast and reliable data transmission. The company has a long history and a broad product range, positioning itself as a leading provider of communication infrastructure in North and South America, working closely with customers to meet their needs.

SBA Communications SWOT Analysis

Strengths

SBA Communications Corp is a leading provider of wireless infrastructure solutions, boasting a vast portfolio of tower sites and other communication assets.

The company has established a strong market presence and has experienced steady revenue growth over the years.

SBA Communications Corp enjoys long-term lease contracts with major wireless carriers, providing stability and a consistent stream of revenue.

Weaknesses

One potential weakness for SBA Communications Corp is its dependency on wireless carriers as customers. Any significant changes in the industry or loss of major clients could impact the company's financial performance.

The company may face challenges in acquiring new tower sites, as obtaining permits and regulatory approvals can be time-consuming and costly.

SBA Communications Corp may also be vulnerable to changes in technology and advancements in wireless communication systems.

Opportunities

The increasing demand for wireless data and the emergence of new technologies such as 5G present significant growth opportunities for SBA Communications Corp.

Expansion into international markets with less developed wireless infrastructures could provide new avenues for growth and revenue diversification.

The company could explore potential partnerships or collaborations with telecommunications equipment manufacturers, further enhancing its service offering.

Threats

Intense competition within the wireless infrastructure industry poses a threat to SBA Communications Corp's market share and pricing power.

Increased regulations and zoning restrictions could limit the company's ability to construct and operate new tower sites.

Changing consumer preferences and advancements in wireless technologies may lead to shifts in demand for traditional tower sites, potentially impacting SBA Communications Corp's business model.

SBA Communications Employees

  • 3 Years

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  • Max

SBA Communications Employees
Details
Date
SBA Communications Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

SBA Communications Segments

SBA Communications Revenue by Segment (1/5)

  • 3 Years

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  • 10 Years

  • Max

Domestic Site Leasing Revenue
International Site Leasing Revenue
Details
Date
Domestic Site Leasing Revenue
International Site Leasing Revenue
Jan 1, 2014
1.16 B USD
202.91 M USD
Jan 1, 2015
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2022
1.78 B USD
0.00 USD
Jan 1, 2025
1.87 B USD
0.00 USD

SBA Communications Revenue by Segment (2/5)

  • 3 Years

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  • Max

Domestic Site Leasing Revenue
International Site Leasing Revenue
Site development construction
Details
Date
Domestic Site Leasing Revenue
International Site Leasing Revenue
Site development construction
Jan 1, 2014
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2015
1.24 B USD
243.88 M USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
1.40 B USD
340.34 M USD
0.00 USD
Jan 1, 2022
0.00 USD
558.98 M USD
296.88 M USD
Jan 1, 2025
0.00 USD
705.04 M USD
0.00 USD

SBA Communications Revenue by Segment (3/5)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Domestic Site Leasing Revenue
International Site Leasing Revenue
Site development construction
Details
Date
Domestic Site Leasing Revenue
International Site Leasing Revenue
Site development construction
Jan 1, 2014
0.00 USD
0.00 USD
166.79 M USD
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
1.27 B USD
264.20 M USD
0.00 USD
Jan 1, 2017
1.31 B USD
314.78 M USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
125.26 M USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
244.50 M USD

SBA Communications Revenue by Segment (4/5)

  • 3 Years

  • 5 Years

  • Max

Site development construction
Details
Date
Site development construction
Jan 1, 2014
0.00 USD
Jan 1, 2015
0.00 USD
Jan 1, 2016
95.06 M USD
Jan 1, 2017
104.50 M USD
Jan 1, 2018
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2025
0.00 USD

SBA Communications Revenue by Segment (5/5)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Site development construction
Details
Date
Site development construction
Jan 1, 2014
0.00 USD
Jan 1, 2015
157.84 M USD
Jan 1, 2016
0.00 USD
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2025
0.00 USD

SBA Communications Revenue by Region

  • Max

B [R]
Details
Date
B [R]
Jan 1, 2025
350.80 M USD

SBA Communications Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

SBA Communications historical P/E ratio, EBIT multiple, and P/S ratio

SBA Communications annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

SBA Communications shares outstanding

The number of shares of SBA Communications was 106.65 M in 2025. This indicates how many shares SBA Communications is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
110.73 M Stocks
Jan 1, 2022
109.30 M Stocks
Jan 1, 2023
108.58 M Stocks
Jan 1, 2024
108.11 M Stocks
Jan 1, 2025
106.65 M Stocks
Jan 1, 2026 (e)
106.65 M Stocks
Jan 1, 2027 (e)
106.65 M Stocks
Jan 1, 2028 (e)
106.65 M Stocks

SBA Communications Dividend History

8 years of dividend payments · 6 consecutive increases

YearAnnual DividendYoY ChangePayments
20263.75USDYTD
Mar 13, 20261.25USD 12.6%1/3
May 22, 20261.25USD 0.0%2/3
Aug 20, 2026Declared1.25USD 0.0%3/3
20254.44USD 13.3%
Mar 13, 20251.11USD 13.3%1/4
May 22, 20251.11USD 0.0%2/4
Aug 21, 20251.11USD 0.0%3/4
Nov 13, 20251.11USD 0.0%4/4
20243.92USD 15.3%
20233.40USD 19.7%
20222.84USD 22.4%
20212.32USD 24.7%
20201.86USD 151.4%
20190.74USD

SBA Communications dividend history and estimates

In 2025, SBA Communications paid a dividend amounting to 4.44 USD. Dividend means that SBA Communications distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
2.32 USD
0.00 USD
Jan 1, 2022
2.84 USD
0.00 USD
Jan 1, 2023
3.40 USD
0.00 USD
Jan 1, 2024
3.92 USD
0.00 USD
Jan 1, 2025
4.44 USD
0.00 USD
Jan 1, 2026 (e)
3.75 USD
1.25 USD
Jan 1, 2027 (e)
0.00 USD
5.95 USD
Jan 1, 2028 (e)
0.00 USD
7.08 USD

SBA Communications dividend payout ratio

In 2025, SBA Communications had a payout ratio of 35.93%. The payout ratio indicates the percentage of the company's profits that SBA Communications distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

FFO payout ratio
Details
Date
FFO payout ratio
Jan 1, 2021
27.39 %
Jan 1, 2022
26.59 %
Jan 1, 2023
29.81 %
Jan 1, 2024
41.62 %
Jan 1, 2025
35.93 %
Jan 1, 2026 (e)
0.00 %
Jan 1, 2027 (e)
0.00 %
Jan 1, 2028 (e)
0.00 %

Current SBA Communications forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.84 %
Buy
60.00 % (15)
Hold
40.00 % (10)
Sell
0.00 % (0)
12M Price Target
226.95
Last Price
182.60
Currency
USD
12M Return Potential
24.29 %
LTM Return
0 %

SBA Communications Analyst Rating Actions

DateFirmActionRatingReliability
7/17/2026
Wells Fargo
Wells Fargo
UpgradeEqual WeightOverweight56
7/10/2026
RBC Capital
RBC Capital
MaintainedOutperform52
5/5/2026
Truist Securities
Truist Securities
MaintainedBuy
5/5/2026
Barclays
Barclays
MaintainedOverweight33
5/1/2026
Scotiabank
Scotiabank
MaintainedSector Perform75
4/30/2026
Keybanc
Keybanc
MaintainedOverweight49
4/22/2026
Truist Securities
Truist Securities
UpgradeHoldBuy
4/16/2026
Barclays
Barclays
MaintainedOverweight33
4/9/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
4/7/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

SBA Communications Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/3/20261.93USD-721.26 MUSD-2026 Q2
5/4/20261.80USD-706.96 MUSD-2026 Q1
2/26/20263.87USD-740.67 MUSD-2025 Q4
4/29/20241.41USD-695.46 MUSD-2024 Q1
2/19/20241.42USD-695.79 MUSD-2023 Q4
7/31/20231.09USD-691.29 MUSD-2023 Q2
4/24/20231.09USD-688.68 MUSD-2023 Q1
2/27/20231.12USD-690.01 MUSD-2022 Q4
10/31/20220.96USD-660.99 MUSD-2022 Q3
8/1/20220.92USD-635.85 MUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the SBA Communications stock

84/100
99
Environment
81
Social
74
Governance
E

Environment

20
Scope 1 - Direct Emissions10,200
Scope 2 - Indirect emissions from purchased energy19,400
Scope 3 - Indirect emissions within the value chain62,300
Total CO₂ emissions29,600
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees40.9
Percentage of women in management
Percentage of Asian employees3.8
Share of Asian management
Percentage of Hispanic/Latino employees26.3
Hispano/Latino Management share
Percentage of Black employees10
Black Management Share
Percentage of white employees57.3
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

SBA Communications shareholder structure

% Name
16.55126%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
11.23402%
DODGE & COX
DODGE & COX
11.15577%
Dodge & Cox
Dodge & Cox
9.40830%
BLACKROCK, INC.
BLACKROCK, INC.
9.02616%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
6.66623%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
...

SBA Communications Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.3%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
24.70%
GOLDENTREE ASSET MANAGEMENT LP
GOLDENTREE ASSET MANAGEMENT LP
SEC ↗
24.50%
TIMET Finance Management Company
TIMET Finance Management Company
SEC ↗
15.96%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
12.00%
2
2
SEC ↗
9.40%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
9.18%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
9.00%
Dodge & Cox
Dodge & Cox
SEC ↗
8.90%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
7.60%
Permit Capital, LLC
Permit Capital, LLC
SEC ↗
7.60%
Permit Capital GP, L.P.
Permit Capital GP, L.P.
SEC ↗

SBA Communications Executives and Management Board

24 members · avg. age 58 · 21 % women

BC

Mr. Brendan Cavanagh (53)

President, Chief Executive Officer, Director · since 2003

8.82 M USD

Management

MM

Mr. Marc Montagner (64)

Chief Financial Officer, Executive Vice President

3.98 M USD
MC

Mr. Mark Ciarfella (59)

Executive Vice President - U.S. Operations

3.12 M USD
RC

Mr. Richard Cane (60)

Executive Vice President, President - International

3.05 M USD
JK

Mr. Joshua Koenig (45)

Executive Vice President, Chief Administrative Officer, General Counsel

2.98 M USD
ME

Ms. Michelle Eisner (63)

Chief Human Resources Officer, Senior Vice President

DD

Mr. Donald Day (47)

Executive Vice President - Site Leasing

Board of Directors

JS

Mr. Jeffrey Stoops (66)

Non-Executive Chairman of the Board · since 1997

421,044.00 USD
JL

Mr. Jack Langer (76)

Lead Independent Director

331,044.00 USD
JJ

Mr. Jay Johnson (48)

Independent Director

301,044.00 USD
GK

Mr. George Krouse (79)

Independent Director

301,044.00 USD
KB

Mr. Kevin Beebe (66)

Independent Director

271,044.00 USD
SB

Mr. Steven Bernstein (64)

Independent Director · since 1989

271,044.00 USD

SBA Communications Supply Chain

SBA Communications Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
23 companies
#NameTrend
1
America Movil L
Customer·Wireless Telecommunication Services·MX
0.69
0.61
0.86
0.62
0.50
0.78
2
Southern
Customer·Electric Utilities·US
0.90
0.83
0.96
0.30
0.34
0.53
3
Telkom SA SOC Limited
Customer·Diversified Telecommunication Services·ZA
-0.82
-0.75
0.42
0.51
0.12
0.49
4
Telefonica
Customer·Diversified Telecommunication Services·ES
0.90
0.15
0.64
-0.07
0.10
0.37
#NameTrend
1
MTN Group Limited
Customer
0.75
0.24
0.84
2
América Móvil, S.A.B. de C.V.
Customer
0.72
0.67
0.70
0.02
3
Telefónica, S.A.
Customer
0.71
-0.07
0.64
0.55
0.55
4
UiPath Inc.
Supplier·Software·US
0.13
0.38
-0.87
0.09
-0.18
5
Landmark Infrastructure Partners LP
Supplier·US
-0.45
-0.56
-0.55
-0.48
-0.12

Frequently asked questions about SBA Communications

The business model of SBA Communications Corp revolves around owning and operating wireless communications infrastructure, specifically cell towers and rooftops. As a leading independent owner and operator of wireless infrastructure, SBA Communications Corp leases space on its towers and rooftops to wireless service providers who require efficient and reliable network coverage. By providing essential infrastructure to the wireless telecommunications industry, SBA Communications Corp generates revenue through long-term leases and collocation agreements. With a vast portfolio of towers and rooftops across the United States and internationally, SBA Communications Corp plays a crucial role in enabling the expansion and improvement of wireless networks for enhanced connectivity and communication services.

SBA Communications Corp is primarily active in the telecommunications and wireless infrastructure industries. With a focus on owning and operating wireless communications infrastructure, SBA Communications provides essential services and solutions to carriers, governments, and enterprises worldwide. Through its extensive portfolio of towers, rooftops, and distributed antenna systems (DAS), SBA Communications plays a vital role in enabling seamless and efficient wireless connectivity. By constantly expanding and improving their network infrastructure, SBA Communications supports the growth of wireless communication technology across various industries and helps facilitate seamless connectivity for businesses and individuals.

The main competitors of SBA Communications Corp in the market include American Tower Corporation, Crown Castle International Corp, and InSite Wireless Group.

SBA Communications Corp is a leading provider of wireless communications infrastructure in the United States. Established in 1989, the company has a strong history and background in supporting the expansion of wireless networks. SBA Communications Corp owns and operates a large portfolio of wireless communication towers and sites across North, Central, and South America. These towers offer space to various wireless carriers and other communication providers for their equipment, enabling enhanced connectivity and coverage for consumers. With its extensive infrastructure and innovative solutions, SBA Communications Corp continues to play a vital role in advancing the wireless industry's growth and supporting reliable wireless communication services.

SBA Communications Corp has achieved significant milestones since its inception. The company, founded in 1989, has established itself as a prominent player in the telecommunications infrastructure industry. Over the years, SBA Communications Corp has experienced remarkable growth and success. Some notable milestones include expanding its portfolio with a vast network of wireless communications towers, acquiring various tower portfolios, and expanding its presence in international markets. Additionally, the company has demonstrated strong financial performance, consistent revenue growth, and a commitment to innovation. SBA Communications Corp's continuous achievements are a testament to its leadership and dedication to providing exceptional services in the telecommunications sector.

SBA Communications Corp is primarily present in various countries and regions across the world. The company has a global presence with a focus on the United States, where it is headquartered. Additionally, SBA Communications Corp operates in an extensive network of locations including Brazil, Canada, Costa Rica, and Panama, among others. Its international reach also extends to markets in Europe, specifically France, Germany, and Spain. With a diverse geographical footprint, SBA Communications Corp continues to expand its operations and provide telecommunications infrastructure solutions to customers worldwide.

SBA Communications Corp represents values of innovation, integrity, and customer focus. With a commitment to providing communication infrastructure solutions, the company prioritizes customer satisfaction and aims to deliver high-quality services. SBA Communications Corp believes in fostering a culture of teamwork and collaboration, where employees are encouraged to think creatively and find innovative solutions to meet clients' needs. By consistently investing in technology and infrastructure, the company strives to stay at the forefront of the industry and deliver reliable communication services. SBA Communications Corp's corporate philosophy revolves around driving growth, creating value for stakeholders, and maintaining strong relationships with customers, making it a reputable player in the communication infrastructure market.

Analysts currently set an average price target of 230.46 USD for the SBA Communications stock (median: 226.95 USD), implying +26.2 % versus the latest price. The consensus is based on 25 analyst ratings.

25 analysts currently rate the SBA Communications stock: 15 recommend buying, 10 holding and 0 selling. For 2026, analysts expect SBA Communications to generate revenue of 2.86 B USD and earnings per share of 7.49 USD.

Converted at the current exchange rate, the SBA Communications share trades at 158.07 EUR (182.60 USD).

The SBA Communications share (SBAC) is listed on 8 stock exchanges, including: NASDAQ (SBAC), Frankfurt (4SB.F), München (4SB.MU), Düsseldorf (4SB.DU), Hamburg (4SB.HM), London (0KYZ.L), London (0KYZ.L), SIX (Zürich) (SBAC.SW).

SBA Communications Corp is an American company in the telecommunications and infrastructure industry. It owns and operates a network of wireless communication towers used by mobile providers, as well as radio and television companies. The company's business model is based on purchasing, developing, and operating wireless infrastructures, with a diversification strategy that includes investments in different markets and countries. Its core division focuses on building and managing mobile towers, while also operating in broadband infrastructure and public safety. The company offers customized technology solutions and develops tailored infrastructures, including for machine-to-machine and IoT technology. In addition to services, SBA Communications Corp also offers products such as cable connections and antennas. The majority of its revenue comes from long-term contracts with mobile providers and other wireless service providers that build their networks on the towers provided by the company. SBA Communications Corp has experienced international growth in recent years and plans to further expand into international markets as part of its growth strategy. Overall, SBA Communications Corp's business model serves the demand for wireless infrastructure and telecommunications services, minimizing risks and capitalizing on opportunities in different market segments.

The expected revenue of SBA Communications is 2.86 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of SBA Communications is 798.85 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of SBA Communications is currently 24.38. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the SBA Communications stock.

The price-to-sales ratio (P/S) of SBA Communications is currently 6.81. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the SBA Communications stock.

The Eulerpool Quality Score for SBA Communications is 6/10.

The ISIN of SBA Communications is US78410G1040. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of SBA Communications is A2DKP8. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of SBA Communications is SBAC. The ticker symbol is used to trade SBA Communications shares on the stock exchange.

Over the past 12 months, SBA Communications paid a dividend of 4.44 USD . This corresponds to a dividend yield of about 2.43 %. For the coming 12 months, SBA Communications is expected to pay a dividend of 5.95 USD.

The current dividend yield of SBA Communications is 2.43 %.

SBA Communications pays a dividend, distributed in the months of , , , .

SBA Communications paid dividends every year for the past 7 years.

For the upcoming 12 months, dividends amounting to 5.95 USD are expected. This corresponds to a dividend yield of 3.26 %.

SBA Communications is assigned to the 'Real Estate' sector.

To receive the latest dividend of SBA Communications from amounting to 1.25 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, SBA Communications distributed 3.92 USD as dividends.

The dividends of SBA Communications are distributed in USD.