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

199.86USD-1.98 (-0.98%)Market Closed

Market Summary

USD199.86-1.98

Market Closed

-0.98%

SBAC Alerts

1 major insider sales recently.

SBAC Stock Price

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SBAC RSI Chart

SBAC Valuation

Market Cap

21.6B

Price/Earnings (Trailing)

43.06

Price/Sales (Trailing)

7.97

EV/EBITDA

19.91

Price/Free Cashflow

16.52

SBAC Price/Sales (Trailing)

SBAC Profitability

EBT Margin

20.23%

Return on Equity

17.62%

Return on Assets

4.93%

Free Cashflow Yield

6.05%

SBAC Fundamentals

SBAC Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-1.61%

Rev. Growth (Qtr)

-1.1%

SBAC Earnings

Earnings (TTM)

501.8M

Earnings Growth (Yr)

6.05%

Earnings Growth (Qtr)

25.29%

Breaking Down SBAC Revenue

Last 7 days

-6.2%

Last 30 days

-7.2%

Last 90 days

-16.0%

Trailing 12 Months

-22.7%

How does SBAC drawdown profile look like?

SBAC Financial Health

Current Ratio

0.36

Debt/Equity

4.39

Debt/Cashflow

0.13

SBAC Investor Care

Shares Dilution (1Y)

0.06%

Diluted EPS (TTM)

4.61

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
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
Mar 06, 2024	silberstein jason v	acquired	1,896,270	108	17,499	evp - site leasing
Mar 06, 2024	stoops jeffrey	acquired	-	-	3,468	-
Mar 06, 2024	lazarus brian d	sold (taxes)	-48,730	216	-225	svp & chief accounting officer
Mar 06, 2024	lazarus brian d	acquired	-	-	572	svp & chief accounting officer
Mar 06, 2024	ciarfella mark r	sold (taxes)	-57,195	216	-264	evp - operations
Mar 06, 2024	cavanagh brendan thomas	acquired	-	-	1,445	president and ceo
Mar 06, 2024	koenig joshua	sold (taxes)	-55,801	216	-257	executive vp/general counsel
Mar 06, 2024	ciarfella mark r	acquired	-	-	714	evp - operations
Mar 06, 2024	koenig joshua	acquired	-	-	655	executive vp/general counsel
Mar 06, 2024	stoops jeffrey	sold (taxes)	-277,804	216	-1,283	-

Which funds bought or sold SBAC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	HARBOR INVESTMENT ADVISORY, LLC	reduced	-50.49	-74,520	54,608	0.01%
Apr 12, 2024	True North Advisors, LLC	added	6.57	-21,822	221,467	0.06%
Apr 12, 2024	Financial Synergies Wealth Advisors, Inc.	sold off	-100	-281	-	-%
Apr 12, 2024	First PREMIER Bank	new	-	5,000	5,000	-%
Apr 12, 2024	Westend Capital Management, LLC	sold off	-	-	-	-%
Apr 12, 2024	AdvisorNet Financial, Inc	reduced	-14.29	-476	1,300	-%
Apr 12, 2024	FIRST FINANCIAL CORP /IN/	new	-	5,200	5,200	-%
Apr 12, 2024	DNB Asset Management AS	reduced	-15.12	-1,341,590	3,537,630	0.02%
Apr 12, 2024	GATEWAY INVESTMENT ADVISERS LLC	added	67.78	276,586	915,124	0.01%
Apr 12, 2024	WASHINGTON CAPITAL MANAGEMENT, INC	added	11.99	-33,935	748,699	0.61%

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

1 major insider sales recently.

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
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 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	83.1B	11.1B	-9.66%	-13.83%	60.81	7.46	4.04%	-19.43%
CCI	41.5B	7.0B	-9.60%	-26.03%	27.65	5.95	-0.07%	-10.36%
AVB	25.7B	2.8B	-1.70%	6.38%	27.64	9.27	6.73%	-18.30%
ARE	20.5B	2.9B	-3.74%	0.55%	197.59	7.1	11.46%	-80.13%
AMH	12.7B	1.6B	-3.36%	8.14%	29.37	7.9	7.80%	39.39%
REG	10.7B	1.3B	-1.98%	-2.93%	29.32	8.08	8.04%	-24.50%
BXP	9.2B	3.3B	-6.31%	15.09%	48.4	2.81	5.31%	-77.32%
MID-CAP
FRT	8.1B	1.1B	-1.05%	1.77%	34.35	7.19	5.38%	-38.52%
MAC	3.4B	884.1M	-1.05%	66.77%	-12.56	3.89	2.90%	-314.82%
SLG	3.2B	899.4M	-1.62%	125.91%	-5.7	3.58	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.88%	17.82%	19.35	2.84	4.38%	15.77%
AIV	1.2B	198.2M	7.12%	4.87%	-7.34	5.82	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.57%	5.74%	13.37	1.77	25.53%	134.62%
NYMT	627.7M	258.7M	-4.58%	-31.06%	-12.9	2.43	0.11%	83.70%
IVR	399.8M	277.9M	-10.13%	-19.51%	-25.21	1.44	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.1%	675	683	679	676	686	676	652	620	595	589	576	549	536	523	507	517	514	508	500	493	484
Costs and Expenses	7.2%	465	434	437	451	451	433	421	403	398	378	376	375	371	363	350	366	360	354	364	354	334
S&GA Expenses	4.2%	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	36.00
EBITDA Margin	0.3%	0.61*	0.61*	0.62*	0.58*	0.61*	0.58*	0.58*	0.65*	0.57*	0.63*	0.63*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-43.1%	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	83.00
Income Taxes	267.6%	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	16.00
Earnings Before Taxes	48.5%	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	73.00
EBT Margin	2.2%	0.20*	0.20*	0.20*	0.16*	0.20*	0.18*	0.15*	0.22*	0.11*	0.15*	0.15*	-	-	-	-	-	-	-	-	-	-
Net Income	25.3%	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	57.00
Net Income Margin	1.7%	0.19*	0.18*	0.19*	0.14*	0.18*	0.16*	0.14*	0.18*	0.10*	0.13*	0.12*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	46.6%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.5%	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	7,214
Current Assets	5.3%	484	460	519	472	483	530	495	539	614	404	482	390	473	459	624	395	334	329	316	301	374
Cash Equivalents	9.4%	209	191	179	153	144	280	251	336	367	254	339	242	343	336	252	230	141	159	127	144	178
Net PPE	0.4%	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	2,786
Current Liabilities	105.6%	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	1,206
Long Term Debt	-6.5%	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	8,997
LT Debt, Current	2579.8%	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	942
LT Debt, Non Current	-6.5%	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	8,997
Shareholder's Equity	-	-	-	-	-	-	-	-	-	2,681	-	-	-	2,586	-	-	-	2,461	-	-	-	-
Retained Earnings	-0.4%	-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	-5,136
Additional Paid-In Capital	1.6%	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	2,270
Shares Outstanding	-0.1%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	37.9%	433	314	487	311	289	332	372	292	299	253	353	285	243	290	315	278	265	239	243	223	226
Share Based Compensation	3.3%	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	10.00
Cashflow From Investing	-2.7%	-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	-98.03
Cashflow From Financing	-35.0%	-311	-230	-314	-160	431	-190	-224	-151	31.00	-236	-155	701	-154	-262	-8.79	-43.33	245	-43.12	-106	-158	-117
Dividend Payments	-0.4%	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	-13.6%	46.00	54.00	-	-	-	-	0.00	432	298	115	0.00	169	480	176	-	203	199	173	95.00	-	342

SBAC Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Site leasing	$ 2,516,935	$ 2,336,575	$ 2,104,087
Site development	194,649	296,879	204,747
Total revenues	2,711,584	2,633,454	2,308,834
Cost of revenues (exclusive of depreciation, accretion, and amortization shown below):
Cost of site leasing	472,687	445,685	386,391
Cost of site development	139,935	222,965	159,093
Selling, general, and administrative expenses	267,936	261,853	220,029
Acquisition and new business initiatives related adjustments and expenses	21,671	26,807	27,621
Asset impairment and decommission costs	169,387	43,160	33,044
Depreciation, accretion, and amortization	716,309	707,576	700,161
Total operating expenses	1,787,925	1,708,046	1,526,339
Operating income	923,659	925,408	782,495
Other income (expense):
Interest income	18,305	10,133	3,448
Interest expense	(400,373)	(353,784)	(352,919)
Non-cash interest expense	(35,868)	(46,109)	(47,085)
Amortization of deferred financing fees	(20,273)	(19,835)	(19,589)
Loss from extinguishment of debt, net		(437)	(39,502)
Other income (expense), net	63,053	10,467	(74,284)
Total other expense, net	(375,156)	(399,565)	(529,931)
Income before income taxes	548,503	525,843	252,564
Provision for income taxes	(51,088)	(66,044)	(14,940)
Net income	497,415	459,799	237,624
Net loss attributable to noncontrolling interests	4,397	1,630
Net income attributable to SBA Communications Corporation	$ 501,812	$ 461,429	$ 237,624
Net income per common share attributable to SBA Communications Corporation:
Basic	$ 4.64	$ 4.27	$ 2.17
Diluted	$ 4.61	$ 4.22	$ 2.14
Weighted-average number of common shares
Basic	108,204	107,957	109,328
Diluted	108,907	109,386	111,177

SBAC Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 208,547	$ 143,708
Restricted cash	38,129	41,959
Accounts receivable, net	182,746	184,368
Costs and estimated earnings in excess of billings on uncompleted contracts	16,252	79,549
Prepaid expenses and other current assets	38,593	33,149
Total current assets	484,267	482,733
Property and equipment, net	2,711,719	2,713,727
Intangible assets, net	2,455,597	2,776,472
Operating lease right-of-use assets, net	2,240,781	2,381,955
Acquired and other right-of-use assets, net	1,473,601	1,507,781
Other assets	812,476	722,373
Total assets	10,178,441	10,585,041
Current Liabilities:
Accounts payable	42,202	51,427
Accrued expenses	92,622	101,484
Current maturities of long-term debt	643,145	24,000
Deferred revenue	235,668	154,553
Accrued interest	57,496	54,173
Current lease liabilities	273,464	262,365
Other current liabilities	18,662	48,762
Total current liabilities	1,363,259	696,764
Long-term liabilities:
Long-term debt, net	11,681,170	12,844,162
Long-term lease liabilities	1,865,686	2,040,628
Other long-term liabilities	404,161	248,067
Total long-term liabilities	13,951,017	15,132,857
Redeemable noncontrolling interests	35,047	31,735
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, 108,050 shares and 107,997 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	1,080	1,080
Additional paid-in capital	2,894,060	2,795,176
Accumulated deficit	(7,450,824)	(7,482,061)
Accumulated other comprehensive loss, net	(615,198)	(590,510)
Total shareholders' deficit	(5,170,882)	(5,276,315)
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	$ 10,178,441	$ 10,585,041

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 Mon Apr 15 2024, market cap of SBA Communications Corp is 21.61 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 Mon Apr 15 2024, SBAC's PE ratio (Price to Earnings) is 43.06 and Price to Sales (PS) ratio is 7.97. 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 0.084 (multiply by 100 for percentage) rate of return.