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SBAC

SBA Communications Corporation

SBAC

NASDAQ·Real Estate·REIT - Specialty·Mkt cap $19.2B

$183.72

▲ +1.64%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$162.41 - $243.16

P/E

19.32

Fwd P/E

21.06

Beta

0.98

Div Yield

2.61%

Avg Vol

1.2M

Shares Out

106.1M

Mkt Cap

$19.2B

Price action

Price chart

Down 23.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Extensive Geographic Coverage
  • Diversified Multi-Tenant Communication Sites
  • Long-Term Lease Contracts
  • Strategic Infrastructure Portfolio
▼

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

5G Network Expansion

Value

Fairly valued vs Tower Infrastructure peers

Momentum

Weak

-11.4% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

2.61% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 27, 2026

“
Q2 26 RECAP

APR 29, 2026

Reported EPS of $1.74 vs $1.94 consensus (-10.3% surprise). Revenue of $703.4M vs $696.2M expected (+1.0%).

EPS miss
Rev beat +1.0%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-10.3%

Next: Apr 27, 2026

Revenue trend · last 8Q

—

—

+3%

+1%

+6%

+10%

+4%

+6%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$660.5M

$667.6M

$693.7M

$664.2M

$699.0M

$732.3M

$719.6M

$703.4M

Margins · last 8Q

Gross

75.6%

Operating

48.7%

Profit

26.3%

View full earnings history →

Wall Street consensus

10 analysts · 60% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

60%

Hold

4

40%

Sell

0%

Median Price Target

$244.00

▲ +32.8% vs $183.72

Low $225.00
Median $244.00
High $245.00

Latest: Citi · Jun 16, 2026

3 analysts covering

View full analyst page →

vs Industry

How SBAC stacks vs REIT - Specialty

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.