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SBAC

SBA Communications Corporation

SBAC

NASDAQ·Real Estate·REIT - Specialty·Mkt cap $20.1B

$189.44

-1.09%

P/E

20.39

Mkt Cap

$20.1B

52-Wk Range

$162.41–$224.46

52-Week Range

$162.41 - $224.46

P/E

20.39

Fwd P/E

24.62

Beta

0.98

Div Yield

2.57%

Avg Vol

954.5K

Shares Out

106.1M

Mkt Cap

$20.1B

Price action

Price chart

Down 1.0% over the trailing year

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

-5.3% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

2.57% yield

Earnings track record

Latest print - beat on both lines

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

Next: Nov 2, 2026

Q3 26 RECAP

AUG 3, 2026

Reported EPS of $1.87 vs $1.85 consensus (+1.1% surprise). Revenue of $715.3M vs $706.0M expected (+1.3%). Beat on both top and bottom lines.

EPS beat +1.1%
Rev beat +1.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+1.1%

Revenue trend · last 8Q

+3%

+1%

+6%

+10%

+4%

+6%

+2%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$667.6M

$693.7M

$664.2M

$699.0M

$732.3M

$719.6M

$703.4M

$715.3M

Margins · last 8Q

Gross

-74.4%

Operating

49.2%

Profit

27.5%

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

Latest: BMO Capital · Aug 24, 2026

vs Industry

How SBAC stacks vs REIT - Specialty

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

Industry comparison data unavailable for this stock.