Last 7 days
2.6%
Last 30 days
-12.1%
Last 90 days
-11.2%
Trailing 12 Months
-19.9%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 95.5B | 10.7B | -6.88% | -12.74% | 56.27 | 8.91 | 14.47% | -33.92% |
EQIX | 65.1B | 7.3B | -5.94% | 0.45% | 92.39 | 8.96 | 9.46% | 40.82% |
CCI | 57.4B | 7.0B | -6.38% | -22.51% | 34.26 | 8.21 | 10.19% | 52.83% |
PSA | 51.7B | 4.2B | -4.61% | -14.88% | 11.88 | 12.36 | 22.43% | 122.66% |
SBAC | 27.9B | 2.6B | -12.07% | -19.91% | 60.49 | 10.6 | 14.06% | 94.18% |
KIM | 13.2B | 1.7B | -4.07% | -13.87% | 104.43 | 7.61 | 26.61% | -85.07% |
MID-CAP | ||||||||
FRT | 7.7B | 1.1B | -13.38% | -14.77% | 20.08 | 7.2 | 12.95% | 47.42% |
KRG | 4.3B | 802.0M | -9.03% | -5.22% | -341.02 | 5.37 | 114.83% | 84.36% |
VNO | 2.9B | 1.8B | -31.59% | -62.57% | -8.47 | 1.63 | 13.26% | -296.88% |
MAC | 2.1B | 859.2M | -25.44% | -29.31% | -31.63 | 2.43 | 1.38% | -563.21% |
SMALL-CAP | ||||||||
SKT | 1.9B | 421.4M | -3.41% | 12.84% | 22.56 | 4.55 | 3.35% | 1705.32% |
SLG | 1.7B | 826.7M | -30.54% | -63.53% | -22.04 | 2.08 | -2.04% | -117.36% |
AIV | 1.0B | 190.3M | -7.76% | -1.93% | 11.27 | 5.46 | 12.08% | 1950.56% |
PGRE | 983.2M | 740.4M | -22.73% | -54.50% | -27.01 | 1.33 | 1.87% | -78.85% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 3.6% | 2,633 | 2,543 | 2,456 | 2,380 | 2,309 |
S&GA Expenses | 2.8% | 262 | 255 | 240 | 231 | 220 |
Costs and Expenses | 3.2% | 1,708 | 1,654 | 1,599 | 1,554 | 1,526 |
EBITDA | 9.0% | 1,612 | 1,479 | 1,430 | 1,554 | - |
EBITDA Margin | 5.3% | 0.61* | 0.58* | 0.58* | 0.65* | - |
Earnings Before Taxes | 18.1% | 526 | 445 | 380 | 514 | 253 |
EBT Margin | 14.0% | 0.20* | 0.18* | 0.15* | 0.22* | - |
Interest Expenses | 11.8% | 379 | 339 | 358 | 349 | 360 |
Net Income | 13.4% | 461 | 407 | 355 | 438 | 238 |
Net Income Margin | 9.4% | 0.18* | 0.16* | 0.14* | 0.18* | - |
Free Cahsflow | -3.0% | 1,071 | 1,104 | 1,047 | 1,050 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 6.4% | 10,585 | 9,949 | 10,012 | 10,142 | 9,802 |
Current Assets | -8.9% | 483 | 530 | 495 | 539 | 614 |
Cash Equivalents | -5.9% | 189 | 201 | 183 | 264 | 367 |
Net PPE | 2.1% | 2,714 | 2,658 | 2,678 | 2,675 | 2,575 |
Current Liabilities | -47.9% | 697 | 1,338 | 1,318 | 1,279 | 616 |
LT Debt, Current | -96.4% | 24.00 | 663 | 663 | 662 | 24.00 |
LT Debt, Non Current | 9.8% | 12,844 | 11,696 | 11,818 | 11,969 | 12,279 |
Retained Earnings | 0.3% | -7,482 | -7,508 | -7,531 | -7,523 | -7,203 |
Additional Paid-In Capital | 1.4% | 2,795 | 2,756 | 2,718 | 2,689 | 2,681 |
Shares Outstanding | 0.0% | 108 | 108 | 108 | 108 | 109 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -0.8% | 1,286 | 1,296 | 1,216 | 1,197 | 1,190 |
Share Based Compensation | 0.5% | 100 | 99.00 | 91.00 | 89.00 | 84.00 |
Cashflow From Investing | -89.2% | -1,393 | -736 | -724 | -602 | -1,423 |
Cashflow From Financing | 74.7% | -135 | -535 | -582 | -513 | 339 |
Dividend Payments | 4.6% | 307 | 293 | 280 | 267 | 254 |
Buy Backs | -40.9% | 432 | 730 | 845 | 845 | 583 |
54.2%
9.2%
0%
Y-axis is the maximum loss one would have experienced if SBA Communications was unfortunately bought at previous high price.
14.0%
15.6%
9.3%
-2.4%
FIve years rolling returns for SBA Communications.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -43.72 | -432,623 | 537,377 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 1.23 | -606,011 | 191,216,000 | 0.21% |
2023-03-06 | NORTH STAR ASSET MANAGEMENT INC | unchanged | - | -3,358 | 218,642 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -14.63 | -176,000 | 924,000 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 10,652 | 10,652 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | new | - | 9,250 | 9,250 | -% |
2023-02-28 | Voya Investment Management LLC | added | 5.42 | 5,767,430 | 156,960,000 | 0.22% |
2023-02-24 | NATIXIS | added | 262 | 23,898,700 | 33,216,700 | 0.19% |
2023-02-24 | SRS Capital Advisors, Inc. | added | 1.35 | -334 | 210,666 | 0.03% |
2023-02-24 | National Pension Service | added | 6.64 | 3,112,720 | 55,852,600 | 0.11% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 06, 2020 | blackrock inc. | 9.9% | 11,148,165 | SC 13G/A | |
Feb 06, 2020 | blackrock inc. | 9.9% | 11,148,165 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 45.19 -82.51% | 55.56 -78.50% | 74.16 -71.30% | 94.30 -63.51% | 110.45 -57.26% |
Current Inflation | 41.19 -84.06% | 49.93 -80.68% | 65.41 -74.69% | 82.12 -68.22% | 95.47 -63.06% |
Very High Inflation | 36.29 -85.96% | 43.17 -83.30% | 55.15 -78.66% | 68.06 -73.67% | 78.33 -69.69% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 10-K | Annual Report | |
Mar 01, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-06 | KOENIG JOSHUA | acquired | - | - | 212 | executive vp/general counsel |
2023-03-06 | Ciarfella Mark R | acquired | - | - | 693 | evp - operations |
2023-03-06 | Cavanagh Brendan Thomas | acquired | - | - | 1,296 | executive vice president & cfo |
2023-03-06 | Lazarus Brian D | acquired | - | - | 547 | svp & chief accounting officer |
2023-03-06 | STOOPS JEFFREY | sold (taxes) | -946,437 | 260 | -3,635 | chief executive officer & pres |
2023-03-06 | Patel Dipan D | sold (taxes) | -146,192 | 260 | -561 | evp tech., strat. & new bus. |
2023-03-06 | Ciarfella Mark R | sold (taxes) | -190,732 | 260 | -732 | evp - operations |
2023-03-06 | Patel Dipan D | acquired | - | - | 472 | evp tech., strat. & new bus. |
2023-03-06 | KOENIG JOSHUA | sold (taxes) | -63,789 | 260 | -245 | executive vp/general counsel |
2023-03-06 | Lazarus Brian D | sold (taxes) | -161,355 | 260 | -619 | svp & chief accounting officer |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenues: | |||
Site leasing | $ 2,336,575 | $ 2,104,087 | $ 1,954,472 |
Site development | 296,879 | 204,747 | 128,666 |
Total revenues | 2,633,454 | 2,308,834 | 2,083,138 |
Cost of revenues (exclusive of depreciation, accretion, and amortization shown below): | |||
Cost of site leasing | 445,685 | 386,391 | 373,778 |
Cost of site development | 222,965 | 159,093 | 102,750 |
Selling, general, and administrative expenses | 261,853 | 220,029 | 194,267 |
Acquisition and new business initiatives related adjustments and expenses | 26,807 | 27,621 | 16,582 |
Asset impairment and decommission costs | 43,160 | 33,044 | 40,097 |
Depreciation, accretion, and amortization | 707,576 | 700,161 | 721,970 |
Total operating expenses | 1,708,046 | 1,526,339 | 1,449,444 |
Operating income | 925,408 | 782,495 | 633,694 |
Other income (expense): | |||
Interest income | 10,133 | 3,448 | 2,981 |
Interest expense | (353,784) | (352,919) | (367,874) |
Non-cash interest expense | (46,109) | (47,085) | (24,870) |
Amortization of deferred financing fees | (19,835) | (19,589) | (20,058) |
Loss from extinguishment of debt, net | (437) | (39,502) | (19,463) |
Other income (expense), net | 10,467 | (74,284) | (222,159) |
Total other expense, net | (399,565) | (529,931) | (651,443) |
Income (loss) before income taxes | 525,843 | 252,564 | (17,749) |
(Provision) benefit for income taxes | (66,044) | (14,940) | 41,796 |
Net income | 459,799 | 237,624 | 24,047 |
Net loss attributable to noncontrolling interests | 1,630 | 57 | |
Net income attributable to SBA Communications Corporation | $ 461,429 | $ 237,624 | $ 24,104 |
Net income per common share attributable to SBA Communications Corporation: | |||
Basic | $ 4.27 | $ 2.17 | $ 0.22 |
Diluted | $ 4.22 | $ 2.14 | $ 0.21 |
Weighted average number of common shares | |||
Basic | 107,957 | 109,328 | 111,532 |
Diluted | 109,386 | 111,177 | 113,465 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 143,708 | $ 367,278 |
Restricted cash | 41,959 | 65,561 |
Accounts receivable, net | 184,368 | 101,950 |
Costs and estimated earnings in excess of billings on uncompleted contracts | 79,549 | 48,844 |
Prepaid expenses and other current assets | 33,149 | 30,813 |
Total current assets | 482,733 | 614,446 |
Property and equipment, net | 2,713,727 | 2,575,487 |
Intangible assets, net | 2,776,472 | 2,803,247 |
Operating lease right-of-use assets, net | 2,381,955 | 2,268,470 |
Acquired and other right-of-use assets, net | 1,507,781 | 964,405 |
Other assets | 722,373 | 575,644 |
Total assets | 10,585,041 | 9,801,699 |
Current Liabilities: | ||
Accounts payable | 51,427 | 34,066 |
Accrued expenses | 101,484 | 68,070 |
Current maturities of long-term debt | 24,000 | 24,000 |
Deferred revenue | 154,553 | 184,380 |
Accrued interest | 54,173 | 49,096 |
Current lease liabilities | 262,365 | 238,497 |
Other current liabilities | 48,762 | 18,222 |
Total current liabilities | 696,764 | 616,331 |
Long-term liabilities: | ||
Long-term debt, net | 12,844,162 | 12,278,694 |
Long-term lease liabilities | 2,040,628 | 1,981,353 |
Other long-term liabilities | 248,067 | 191,475 |
Total long-term liabilities | 15,132,857 | 14,451,522 |
Redeemable noncontrolling interests | 31,735 | 17,250 |
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, 107,997 shares and 108,956 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively | 1,080 | 1,089 |
Additional paid-in capital | 2,795,176 | 2,681,347 |
Accumulated deficit | (7,482,061) | (7,203,531) |
Accumulated other comprehensive loss, net | (590,510) | (762,309) |
Total shareholders' deficit | (5,276,315) | (5,283,404) |
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit | $ 10,585,041 | $ 9,801,699 |