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SBAC

SBAC - SBA Communications Corp Stock Price, Fair Value and News

194.69USD+3.91 (+2.05%)Market Closed

Market Summary

SBAC
USD194.69+3.91
Market Closed
2.05%

SBAC Alerts

  • Big jump in Earnings (Y/Y)

SBAC Stock Price

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SBAC RSI Chart

SBAC Valuation

Market Cap

20.9B

Price/Earnings (Trailing)

37.68

Price/Sales (Trailing)

7.76

EV/EBITDA

19.8

Price/Free Cashflow

16.31

SBAC Price/Sales (Trailing)

SBAC Profitability

EBT Margin

21.38%

Return on Equity

-10.63%

Return on Assets

5.55%

Free Cashflow Yield

6.13%

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

Last 7 days

-0.6%

Last 30 days

0.5%

Last 90 days

-9.6%

Trailing 12 Months

-12.5%

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
YearQ1Q2Q3Q4
20242.7B000
20232.7B2.7B2.7B2.7B
20222.4B2.5B2.5B2.6B
20212.1B2.2B2.2B2.3B
20202.0B2.0B2.1B2.1B
20191.9B1.9B2.0B2.0B
20181.8B1.8B1.8B1.9B
20171.7B1.7B1.7B1.7B
20161.6B1.6B1.6B1.6B
20151.6B1.6B1.6B1.6B
20141.3B1.4B1.5B1.5B
20131.1B1.2B1.3B1.3B
2012722.9M781.0M844.1M954.1M
2011646.4M662.9M679.8M698.2M
2010568.4M586.7M606.1M626.6M
20090501.8M528.7M555.5M
2008000475.0M

Tracking the Latest Insider Buys and Sells of SBA Communications Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold SBAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 14, 2024
LASALLE INVESTMENT MANAGEMENT SECURITIES LLC
reduced
-7.45
-1,733,930
6,544,990
0.27%
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-34.74
-12,563
11,544
-%
Jun 10, 2024
Clear Rock Advisors, LLC
added
6.05
92,548
1,721,470
0.75%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
1.99
-721,000
5,015,000
0.01%
Jun 04, 2024
Aurora Investment Counsel
sold off
-100
-1,205,460
-
-%
May 30, 2024
CAMBRIDGE TRUST CO
unchanged
-
-8,952
52,441
-%
May 29, 2024
Clean Yield Group
unchanged
-
-1,886
11,052
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-5.38
-453,000
1,908,000
0.02%
May 24, 2024
Cetera Investment Advisers
added
228
1,448,690
2,252,420
-%
May 23, 2024
AKRE CAPITAL MANAGEMENT LLC
added
100
32,460,800
78,284,600
0.32%

1–10 of 45

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

Unveiling SBA Communications Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4/A
Insider Trading

Peers (Alternatives to SBA Communications Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.0B
11.2B
1.81% 4.49%
46.09
8.11
3.63% 50.79%
41.9B
6.8B
-3.70% -11.98%
30.07
6.12
-2.39% -16.60%
29.0B
2.8B
3.16% 10.19%
30.34
10.33
5.72% -6.46%
20.4B
3.0B
-5.07% 5.15%
103.83
6.9
10.44% -73.79%
13.3B
-
-0.11% 4.73%
31.51
8.2
8.93% 11.87%
11.5B
1.4B
3.03% 5.54%
30.46
8.39
10.48% -2.04%
MID-CAP
9.7B
3.3B
-0.36% 17.61%
50.25
2.92
4.82% -75.15%
8.3B
1.2B
-0.88% 9.74%
34.87
7.23
5.48% -38.69%
3.6B
913.7M
7.06% 124.27%
-6.99
3.92
1.13% -307.54%
3.2B
878.0M
-3.36% 36.09%
-9.25
3.6
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-1.10% 16.75%
19.11
2.95
3.54% 8.91%
1.2B
198.2M
-3.28% 0.38%
-7.27
6.02
-43.33% -308.08%
1.1B
650.2M
1.20% -1.97%
36.6
1.72
27.93% 140.31%
569.3M
285.4M
2.30% -36.65%
-4.47
1.99
11.05% 83.70%
452.6M
277.2M
0.98% -18.47%
-55.2
1.63
25.89% 94.64%

SBA Communications Corp News

Latest updates
MarketBeat12 hours ago
Zacks Investment Research20 Jun 202403:00 pm

SBA Communications Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.5%658675683679676686676652620595589576549536523507517514508500493
Costs and Expenses-28.1%335465434437451451433421403398378376375371363350366360354364354
  S&GA Expenses1.7%69.0068.0065.0063.0072.0071.0066.0063.0062.0063.0051.0054.0052.0047.0048.0049.0050.0044.0042.0056.0051.00
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 Expenses71.1%12171.0012474.0012770.0010960.0010862.0012951.0011854.0010678.0011480.0011183.00112
Income Taxes-41.4%17.0029.008.00-29.1844.0026.003.00-3.5640.00-0.55-10.8347.00-20.9234.00-9.44-0.16-66.5417.00-3.0016.0010.00
Earnings Before Taxes23.9%17113893.0017314412910366.0022948.0037.00200-32.6714113.0023.00-19484.0019.0048.0036.00
EBT Margin5.7%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 Income41.1%15511087.0020410110310070.0018949.0048.00153-11.7410623.0023.00-12767.0022.0032.0026.00
Net Income Margin11.4%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%237370252423262223275319254255218322---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.8%9,99510,17810,33410,60410,54210,5859,94910,01210,1429,8029,6689,9609,7639,1589,0359,3919,3609,7609,2019,2699,313
  Current Assets-7.6%448484460519472483530495539614404482390473459624395334329316301
    Cash Equivalents15.2%240209191179193189280251336367254339242343336252230141159127144
  Net PPE-0.1%2,7102,7122,7012,7122,7102,7142,6582,6782,6752,5752,5802,6252,6092,6772,6682,6592,6982,7952,7632,7622,761
  Current Liabilities77.0%2,4131,3636637386396971,3381,3181,2796165926265616155515531,0201,0485101,4281,405
  Long Term Debt-9.7%10,55111,68112,49112,57212,79812,84411,69611,81811,96912,27911,82311,90812,02011,07210,69310,55610,0519,8129,8228,7498,781
    LT Debt, Current180.7%1,80564324.0024.0024.0024.0066366366224.0024.0024.0024.0024.0024.0024.0052352224.00943942
    LT Debt, Non Current-9.7%10,55111,68112,49112,57212,79812,84411,69611,81811,96912,27911,82311,90812,02011,07210,69310,55610,0519,8129,8228,7498,781
Shareholder's Equity-1.0%-5,222-5,170---5,269-5,276-------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 Capital0.7%2,9152,8942,8482,8252,8002,7952,7562,7182,6892,6812,7122,6582,6102,5862,5642,5342,4722,4612,4462,4082,359
Shares Outstanding-0.2%108108108108108108108108108109110109---------
Float----24,900---34,200---34,600---33,000---25,200-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-31.9%294433314487311289332372292299253353285243290315278265239243223
  Share Based Compensation-2.8%21.0022.0021.0018.0026.0026.0025.0024.0025.0025.0017.0022.0020.0017.0017.0019.0016.0013.0013.0024.0023.00
Cashflow From Investing19.8%-85.31-106-103-111-146-802-105-229-255-145-93.07-108-1,076-92.9961.00-281-132-532-159-170-84.98
Cashflow From Financing38.6%-191-311-230-314-160431-190-224-15131.00-236-155701-154-262-8.79-43.33245-43.12-106-158
  Dividend Payments17.8%10892.0092.0092.0094.0077.0077.0077.0077.0063.0064.0063.0063.0051.0052.0052.0052.00----
  Buy Backs129.0%10646.0054.00----0.004322981150.00169480176-20319917395.00-
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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 development29,58658,248
Total revenues657,862675,516
Cost of revenues (exclusive of depreciation, accretion, and amortization shown below):  
Cost of site leasing114,813120,119
Cost of site development23,17844,185
Selling, general, and administrative expenses[1]68,69872,209
Acquisition and new business initiatives related adjustments and expenses7,4176,057
Asset impairment and decommission costs43,64826,390
Depreciation, accretion, and amortization76,750182,415
Total operating expenses334,504451,375
Operating income323,358224,141
Other income (expense):  
Interest income7,3142,816
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 taxes171,470144,062
Provision for income taxes(16,927)(43,508)
Net income154,543100,554
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  
Basic108,102108,132
Diluted108,616109,271
[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 cash19,89238,129
Accounts receivable, net126,525182,746
Costs and estimated earnings in excess of billings on uncompleted contracts16,53516,252
Prepaid expenses and other current assets44,33538,593
Total current assets447,596484,267
Property and equipment, net2,709,6812,711,719
Intangible assets, net2,403,8492,455,597
Operating lease right-of-use assets, net2,185,8512,240,781
Acquired and other right-of-use assets, net1,441,7501,473,601
Other assets806,539812,476
Total assets9,995,26610,178,441
Current Liabilities:  
Accounts payable45,76142,202
Accrued expenses77,03592,622
Current maturities of long-term debt1,805,395643,145
Deferred revenue161,127235,668
Accrued interest32,60557,496
Current lease liabilities270,318273,464
Other current liabilities21,04818,662
Total current liabilities2,413,2891,363,259
Long-term liabilities:  
Long-term debt, net10,550,55311,681,170
Long-term lease liabilities1,806,2781,865,686
Other long-term liabilities411,389404,161
Total long-term liabilities12,768,22013,951,017
Redeemable noncontrolling interests36,57735,047
Shareholders' deficit:  
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding
Common stock - Class A, par value $0.01, 400,000 shares authorized, 107,880 shares and 108,050 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively1,0791,080
Additional paid-in capital2,915,2152,894,060
Accumulated deficit(7,509,379)(7,450,824)
Accumulated other comprehensive loss, net(629,735)(615,198)
Total shareholders' deficit(5,222,820)(5,170,882)
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit$ 9,995,266$ 10,178,441
SBAC
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
 WEBSITEsbasite.com
 INDUSTRYREIT Mortgage
 EMPLOYEES1834

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 Fri Jun 21 2024, market cap of SBA Communications Corp is 20.92 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 Fri Jun 21 2024, SBAC's PE ratio (Price to Earnings) is 37.68 and Price to Sales (PS) ratio is 7.76. 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 0.073 (multiply by 100 for percentage) rate of return.