SBAC Stock Price, SBA Communications Corp Quote, Chart

Market Summary

USD197.66+1.66

Delayedas of 08 May 2024, 02:54 pm

0.85%

SBAC Alerts

Big jump in Earnings (Y/Y)

SBAC Stock Price

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SBAC RSI Chart

SBAC Valuation

Market Cap

21.1B

Price/Earnings (Trailing)

37.94

Price/Sales (Trailing)

7.82

EV/EBITDA

19.87

Price/Free Cashflow

16.42

SBAC Price/Sales (Trailing)

SBAC Profitability

EBT Margin

21.38%

Return on Equity

-10.63%

Return on Assets

5.55%

Free Cashflow Yield

6.09%

SBAC Fundamentals

SBAC Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-2.61%

Rev. Growth (Qtr)

-2.54%

SBAC Earnings

Earnings (TTM)

555.1M

Earnings Growth (Yr)

52.68%

Earnings Growth (Qtr)

41.1%

Breaking Down SBAC Revenue

52 Week Range

187.32245.74

(Low)(High)

Last 7 days

5.3%

Last 30 days

-8.1%

Last 90 days

-9.7%

Trailing 12 Months

-15.9%

How does SBAC drawdown profile look like?

SBAC Financial Health

Current Ratio

0.19

Debt/Equity

-2.02

Debt/Cashflow

0.14

SBAC Investor Care

Buy Backs (1Y)

0.83%

Diluted EPS (TTM)

5.1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.7B	0	0	0
2023	2.7B	2.7B	2.7B	2.7B
2022	2.4B	2.5B	2.5B	2.6B
2021	2.1B	2.2B	2.2B	2.3B
2020	2.0B	2.0B	2.1B	2.1B
2019	1.9B	1.9B	2.0B	2.0B
2018	1.8B	1.8B	1.8B	1.9B
2017	1.7B	1.7B	1.7B	1.7B
2016	1.6B	1.6B	1.6B	1.6B
2015	1.6B	1.6B	1.6B	1.6B
2014	1.3B	1.4B	1.5B	1.5B
2013	1.1B	1.2B	1.3B	1.3B
2012	722.9M	781.0M	844.1M	954.1M
2011	646.4M	662.9M	679.8M	698.2M
2010	568.4M	586.7M	606.1M	626.6M
2009	0	501.8M	528.7M	555.5M
2008	0	0	0	475.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of SBA Communications Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	beebe kevin l	sold (taxes)	-261,143	193	-1,347	-
May 03, 2024	beebe kevin l	acquired	260,964	132	1,977	-
May 01, 2024	wilson amy e	acquired	-	-	247	-
May 01, 2024	bowen laurie	acquired	-	-	247	-
May 01, 2024	krouse george r jr	sold (taxes)	-40,973	186	-220	-
May 01, 2024	krouse george r jr	acquired	-	-	629	-
May 01, 2024	johnson jay lecoryelle	acquired	-	-	422	-
May 01, 2024	chan mary s	sold (taxes)	-43,315	186	-232	-
May 01, 2024	langer jack	sold (taxes)	-40,973	186	-220	-
May 01, 2024	bowen laurie	sold (taxes)	-17,009	186	-91.39	-

Which funds bought or sold SBAC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Savant Capital, LLC	added	23.97	35,103	631,091	0.01%
May 06, 2024	Sabal Trust CO	reduced	-0.15	-145,968	846,214	0.05%
May 06, 2024	Quantbot Technologies LP	sold off	-100	-2,287,270	-	-%
May 06, 2024	Hilltop National Bank	new	-	107,267	107,267	0.04%
May 06, 2024	SG Americas Securities, LLC	added	191	3,348,000	5,597,000	0.03%
May 06, 2024	DUALITY ADVISERS, LP	reduced	-91.84	-4,109,830	307,931	0.03%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	added	7.09	-936,450	10,053,100	0.10%
May 06, 2024	ORG Partners LLC	unchanged	-	-157	869	-%
May 06, 2024	NewEdge Wealth, LLC	added	9.37	-52,517	267,208	0.01%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-32,221	-	-%

Are Funds Buying or Selling SBAC?

Are funds buying SBAC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SBAC

No. of Funds

SBAC Alerts

Big jump in Earnings (Y/Y)

Unveiling SBA Communications Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	16.02%	17,279,798	SC 13G/A
Jan 25, 2024	blackrock inc.	8.1%	8,784,868	SC 13G/A
Feb 09, 2023	vanguard group inc	16.21%	17,498,803	SC 13G/A
Jan 25, 2023	blackrock inc.	8.9%	9,568,779	SC 13G
Feb 01, 2022	blackrock inc.	9.1%	9,895,814	SC 13G/A
Feb 10, 2021	vanguard group inc	15.67%	17,407,642	SC 13G/A
Feb 01, 2021	blackrock inc.	9.1%	10,073,364	SC 13G/A
Mar 09, 2020	blackrock inc.	10.4%	11,596,081	SC 13G/A
Mar 09, 2020	blackrock inc.	10.4%	11,596,081	SC 13G/A
Feb 11, 2020	vanguard group inc	16.48%	18,557,149	SC 13G/A

Recent SEC filings of SBA Communications Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 06, 2024	10-Q	Quarterly Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to SBA Communications Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.7B	11.2B	-4.62%	-6.12%	42.91	7.56	3.63%	50.79%
CCI	41.8B	6.8B	-4.58%	-17.37%	29.96	6.1	-2.39%	-16.60%
AVB	27.9B	2.8B	8.20%	8.63%	29.16	9.93	5.72%	-6.47%
ARE	20.9B	3.0B	-3.93%	-2.18%	106.61	7.09	10.44%	-73.79%
AMH	13.4B	-	1.39%	3.90%	31.65	8.24	8.93%	11.87%
REG	11.0B	1.4B	1.05%	-0.44%	29.39	8.02	10.48%	-2.93%
BXP	9.6B	3.3B	-0.78%	19.54%	50.23	2.92	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	3.38%	9.20%	35.86	7.43	5.48%	-38.69%
SLG	3.3B	892.3M	-0.89%	140.04%	-6.5	3.73	-5.33%	-307.54%
MAC	3.3B	884.1M	-5.40%	54.41%	-12	3.72	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	444.1M	6.11%	16.74%	19.54	3.02	3.54%	8.91%
AIV	1.2B	198.2M	5.61%	1.35%	-7.62	5.71	-43.33%	-270.70%
MFA	1.1B	650.2M	-3.45%	1.92%	35.5	1.67	27.93%	140.31%
NYMT	562.0M	285.4M	-13.60%	-37.59%	-4.08	1.97	11.05%	83.70%
IVR	442.4M	277.9M	3.16%	-10.49%	-27.9	1.59	44.33%	96.06%

SBA Communications Corp News

Latest updates

SBA Communications Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.5%	658	675	683	679	676	686	676	652	620	595	589	576	549	536	523	507	517	514	508	500	493
Costs and Expenses	-28.1%	335	465	434	437	451	451	433	421	403	398	378	376	375	371	363	350	366	360	354	364	354
S&GA Expenses	1.7%	69.00	68.00	65.00	63.00	72.00	71.00	66.00	63.00	62.00	63.00	51.00	54.00	52.00	47.00	48.00	49.00	50.00	44.00	42.00	56.00	51.00
EBITDA Margin	-4.4%	0.59*	0.61*	0.61*	0.61*	0.57*	0.60*	0.58*	0.58*	0.65*	0.57*	0.63*	0.63*	-	-	-	-	-	-	-	-	-
Interest Expenses	71.1%	121	71.00	124	74.00	127	70.00	109	60.00	108	62.00	129	51.00	118	54.00	106	78.00	114	80.00	111	83.00	112
Income Taxes	-41.4%	17.00	29.00	8.00	-29.18	44.00	26.00	3.00	-3.56	40.00	-0.55	-10.83	47.00	-20.92	34.00	-9.44	-0.16	-66.54	17.00	-3.00	16.00	10.00
Earnings Before Taxes	23.9%	171	138	93.00	173	144	129	103	66.00	229	48.00	37.00	200	-32.67	141	13.00	23.00	-194	84.00	19.00	48.00	36.00
EBT Margin	5.7%	0.21*	0.20*	0.20*	0.20*	0.16*	0.20*	0.18*	0.15*	0.22*	0.11*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	41.1%	155	110	87.00	204	101	103	100	70.00	189	49.00	48.00	153	-11.74	106	23.00	23.00	-127	67.00	22.00	32.00	26.00
Net Income Margin	11.4%	0.21*	0.19*	0.18*	0.19*	0.14*	0.18*	0.16*	0.14*	0.18*	0.10*	0.13*	0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	-36.0%	237	370	252	423	262	223	275	319	254	255	218	322	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.8%	9,995	10,178	10,334	10,604	10,542	10,585	9,949	10,012	10,142	9,802	9,668	9,960	9,763	9,158	9,035	9,391	9,360	9,760	9,201	9,269	9,313
Current Assets	-7.6%	448	484	460	519	472	483	530	495	539	614	404	482	390	473	459	624	395	334	329	316	301
Cash Equivalents	26.7%	264	209	191	179	153	144	280	251	336	367	254	339	242	343	336	252	230	141	159	127	144
Net PPE	-0.1%	2,710	2,712	2,701	2,712	2,710	2,714	2,658	2,678	2,675	2,575	2,580	2,625	2,609	2,677	2,668	2,659	2,698	2,795	2,763	2,762	2,761
Current Liabilities	77.0%	2,413	1,363	663	738	639	697	1,338	1,318	1,279	616	592	626	561	615	551	553	1,020	1,048	510	1,428	1,405
Long Term Debt	-9.7%	10,551	11,681	12,491	12,572	12,798	12,844	11,696	11,818	11,969	12,279	11,823	11,908	12,020	11,072	10,693	10,556	10,051	9,812	9,822	8,749	8,781
LT Debt, Current	180.7%	1,805	643	24.00	24.00	24.00	24.00	663	663	662	24.00	24.00	24.00	24.00	24.00	24.00	24.00	523	522	24.00	943	942
LT Debt, Non Current	-100.0%	-	11,681	12,491	12,572	12,798	12,844	11,696	11,818	11,969	12,279	11,823	11,908	12,020	11,072	10,693	10,556	10,051	9,812	9,822	8,749	8,781
Shareholder's Equity	-1.0%	-5,222	-5,170	-	-	-5,269	-5,276	-	-	-	2,681	-	-	-	2,586	-	-	-	2,461	-	-	-
Retained Earnings	-0.8%	-7,509	-7,450	-7,421	-7,362	-7,473	-7,482	-7,508	-7,531	-7,523	-7,203	-6,890	-6,759	-6,848	-6,604	-6,177	-5,972	-5,943	-5,560	-5,387	-5,193	-5,131
Additional Paid-In Capital	0.7%	2,915	2,894	2,848	2,825	2,800	2,795	2,756	2,718	2,689	2,681	2,712	2,658	2,610	2,586	2,564	2,534	2,472	2,461	2,446	2,408	2,359
Shares Outstanding	-0.2%	108	108	108	108	108	108	108	108	108	109	109	109	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	24,900	-	-	-	34,200	-	-	-	34,600	-	-	-	33,000	-	-	-	25,200	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-31.9%	294	433	314	487	311	289	332	372	292	299	253	353	285	243	290	315	278	265	239	243	223
Share Based Compensation	-2.8%	21.00	22.00	21.00	18.00	26.00	26.00	25.00	24.00	25.00	25.00	17.00	22.00	20.00	17.00	17.00	19.00	16.00	13.00	13.00	24.00	23.00
Cashflow From Investing	19.8%	-85.31	-106	-103	-111	-146	-802	-105	-229	-255	-145	-93.07	-108	-1,076	-92.99	61.00	-281	-132	-532	-159	-170	-84.98
Cashflow From Financing	38.6%	-191	-311	-230	-314	-160	431	-190	-224	-151	31.00	-236	-155	701	-154	-262	-8.79	-43.33	245	-43.12	-106	-158
Dividend Payments	-100.0%	-	92.00	92.00	92.00	94.00	77.00	77.00	77.00	77.00	63.00	64.00	63.00	63.00	51.00	52.00	52.00	52.00	-	-	-	-
Buy Backs	129.0%	106	46.00	54.00	-	-	-	-	0.00	432	298	115	0.00	169	480	176	-	203	199	173	95.00	-

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SBAC Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenues:

Site leasing

$ 628,276

$ 617,268

Site development

29,586

58,248

Total revenues

657,862

675,516

Cost of revenues (exclusive of depreciation, accretion, and amortization shown below):

Cost of site leasing

114,813

120,119

Cost of site development

23,178

44,185

Selling, general, and administrative expenses

^[1]

68,698

72,209

Acquisition and new business initiatives related adjustments and expenses

7,417

6,057

Asset impairment and decommission costs

43,648

26,390

Depreciation, accretion, and amortization

76,750

182,415

Total operating expenses

334,504

451,375

Operating income

323,358

224,141

Other income (expense):

Interest income

7,314

2,816

Interest expense

(96,390)

(101,226)

Non-cash interest expense

(8,443)

(14,239)

Amortization of deferred financing fees

(5,289)

(4,988)

Loss from extinguishment of debt, net

(4,428)

Other (expense) income, net

(44,652)

37,558

Total other expense, net

(151,888)

(80,079)

Income before income taxes

171,470

144,062

Provision for income taxes

(16,927)

(43,508)

Net income

154,543

100,554

Net loss attributable to noncontrolling interests

663

Net income attributable to SBA Communications Corporation

$ 154,543

$ 101,217

Net income per common share attributable to SBA Communications Corporation:

Basic

$ 1.43

$ 0.94

Diluted

$ 1.42

$ 0.93

Weighted-average number of common shares

Basic

108,102

108,132

Diluted

108,616

109,271

[1]	Includes non-cash compensation of $20,773 and $25,529 for the three months ended March 31, 2024 and 2023, respectively.

SBAC Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 240,309	$ 208,547
Restricted cash	19,892	38,129
Accounts receivable, net	126,525	182,746
Costs and estimated earnings in excess of billings on uncompleted contracts	16,535	16,252
Prepaid expenses and other current assets	44,335	38,593
Total current assets	447,596	484,267
Property and equipment, net	2,709,681	2,711,719
Intangible assets, net	2,403,849	2,455,597
Operating lease right-of-use assets, net	2,185,851	2,240,781
Acquired and other right-of-use assets, net	1,441,750	1,473,601
Other assets	806,539	812,476
Total assets	9,995,266	10,178,441
Current Liabilities:
Accounts payable	45,761	42,202
Accrued expenses	77,035	92,622
Current maturities of long-term debt	1,805,395	643,145
Deferred revenue	161,127	235,668
Accrued interest	32,605	57,496
Current lease liabilities	270,318	273,464
Other current liabilities	21,048	18,662
Total current liabilities	2,413,289	1,363,259
Long-term liabilities:
Long-term debt, net	10,550,553	11,681,170
Long-term lease liabilities	1,806,278	1,865,686
Other long-term liabilities	411,389	404,161
Total long-term liabilities	12,768,220	13,951,017
Redeemable noncontrolling interests	36,577	35,047
Shareholders' deficit:
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding
Common stock - Class A, par value $0.01, 400,000 shares authorized, 107,880 shares and 108,050 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	1,079	1,080
Additional paid-in capital	2,915,215	2,894,060
Accumulated deficit	(7,509,379)	(7,450,824)
Accumulated other comprehensive loss, net	(629,735)	(615,198)
Total shareholders' deficit	(5,222,820)	(5,170,882)
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	$ 9,995,266	$ 10,178,441

About SBA Communications Corp

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites in 16 markets throughout the Americas, Africa and the Philippines, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization.

CEO	Mr. Jeffrey A. Stoops
WEBSITE	sbasite.com
INDUSTRY	REIT Mortgage
EMPLOYEES	1834

SBA Communications Corp Frequently Asked Questions

What is the ticker symbol for SBA Communications Corp? What does SBAC stand for in stocks?

SBAC is the stock ticker symbol of SBA Communications Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SBA Communications Corp (SBAC)?

As of Tue May 07 2024, market cap of SBA Communications Corp is 21.06 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SBAC stock?

You can check SBAC's fair value in chart for subscribers.

What is the fair value of SBAC stock?

You can check SBAC's fair value in chart for subscribers. The fair value of SBA Communications Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SBA Communications Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SBAC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SBA Communications Corp a good stock to buy?

The fair value guage provides a quick view whether SBAC is over valued or under valued. Whether SBA Communications Corp is cheap or expensive depends on the assumptions which impact SBA Communications Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SBAC.

What is SBA Communications Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, SBAC's PE ratio (Price to Earnings) is 37.94 and Price to Sales (PS) ratio is 7.82. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SBAC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SBA Communications Corp's stock?

In the past 10 years, SBA Communications Corp has provided 0.075 (multiply by 100 for percentage) rate of return.