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SBAC

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

211.20USD+3.72 (+1.79%)Market Closed
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Market Summary

USD211.20+3.72
Market Closed
1.79%

SBAC Stock Price

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SBAC RSI Chart

SBAC Valuation

Market Cap

22.8B

Price/Earnings (Trailing)

45.98

Price/Sales (Trailing)

8.37

EV/EBITDA

20.71

Price/Free Cashflow

19.64

SBAC Price/Sales (Trailing)

SBAC Profitability

EBT Margin

19.79%

Return on Equity

17.4%

Return on Assets

4.8%

Free Cashflow Yield

5.09%

SBAC Fundamentals

SBAC Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

1.03%

Rev. Growth (Qtr)

0.6%

SBAC Earnings

Earnings (TTM)

495.6M

Earnings Growth (Yr)

-12.59%

Earnings Growth (Qtr)

-57.07%

Breaking Down SBAC Revenue

Last 7 days

-4.9%

Last 30 days

-13.8%

Last 90 days

-11.5%

Trailing 12 Months

-28.6%

How does SBAC drawdown profile look like?

SBAC Financial Health

Current Ratio

0.69

Debt/Equity

4.39

Debt/Cashflow

0.11

SBAC Investor Care

Buy Backs (1Y)

0.07%

Diluted EPS (TTM)

4.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.7B2.7B2.7B0
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
2009495.1M515.2M535.4M555.5M
2008000475.0M

Tracking the Latest Insider Buys and Sells of SBA Communications Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 18, 2024
langer jack
gifted
-
-
-52.00
-
Dec 29, 2023
silberstein jason v
gifted
-
-
-400
evp - site leasing
Dec 14, 2023
silberstein jason v
acquired
1,896,270
115
16,465
evp - site leasing
Dec 14, 2023
silberstein jason v
sold
-4,205,890
255
-16,465
evp - site leasing
Dec 13, 2023
lazarus brian d
sold
-5,137,910
249
-20,605
svp & chief accounting officer
Dec 13, 2023
lazarus brian d
acquired
3,224,680
156
20,605
svp & chief accounting officer
Dec 08, 2023
stoops jeffrey
gifted
-
-
-15,000
chief executive officer & pres
Dec 06, 2023
bernstein steven e
sold
-1,853,380
253
-7,300
-
Dec 05, 2023
bernstein steven e
sold
-11,523,600
250
-46,076
-
Nov 29, 2023
ciarfella mark r
sold
-1,225,230
245
-5,000
evp - operations

1–10 of 50

Which funds bought or sold SBAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
Novak & Powell Financial Services, Inc.
new
-
1,278,340
1,278,340
0.85%
Feb 21, 2024
Raleigh Capital Management Inc.
new
-
4,820
4,820
-%
Feb 21, 2024
V-Square Quantitative Management LLC
added
26.4
217,253
578,160
0.10%
Feb 20, 2024
Quarry LP
added
400
35,253
41,859
0.01%
Feb 20, 2024
Aurora Investment Counsel
reduced
-32.94
-45,200
1,205,460
0.78%
Feb 16, 2024
Aspect Partners, LLC
new
-
1,015
1,015
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
new
-
3,779,000
3,779,000
0.32%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
2.81
2,654,530
11,414,500
0.05%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-19.01
6,230,000
241,763,000
0.03%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
added
54.55
4,221
8,625
-%

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
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
4/A
Insider Trading
Feb 02, 2024
8-K
Current Report
Jan 25, 2024
8-K
Current Report
Jan 25, 2024
SC 13G/A
Major Ownership Report
Jan 22, 2024
4
Insider Trading
Jan 03, 2024
4
Insider Trading
Dec 22, 2023
8-K
Current Report
Dec 15, 2023
4
Insider Trading
Dec 15, 2023
4
Insider Trading

Peers (Alternatives to SBA Communications Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
87.7B
11.1B
-10.65% -13.65%
137.57
7.92
5.85% -77.77%
46.8B
7.1B
-3.98% -22.59%
30.17
6.62
2.84% -3.84%
25.0B
2.7B
-2.97% -1.75%
26.96
9.15
8.23% -24.62%
20.8B
2.9B
-5.52% -28.01%
200.92
7.22
11.46% -80.13%
12.6B
-
-3.69% 2.47%
28.28
9.79
9.71% 66.32%
10.3B
3.2B
-3.72% -7.14%
56.34
3.17
6.05% -80.01%
MID-CAP
11.2B
1.3B
-5.09% -7.40%
30.79
8.49
8.04% -24.50%
8.2B
1.1B
-2.41% -8.68%
34.71
7.27
5.38% -38.52%
3.7B
873.6M
9.75% 30.95%
-11.05
4.23
1.54% -294.39%
3.0B
674.9M
3.37% 28.11%
-6.37
4.46
9.26% -627.28%
SMALL-CAP
1.3B
419.4M
-7.04% -16.43%
20.7
3.14
-0.77% 17.90%
1.1B
339.3M
-2.17% -
-5.33
3.29
88.48% -170.63%
1.1B
605.6M
-5.97% -2.34%
13.82
1.83
25.53% 134.62%
655.6M
242.8M
-10.18% -35.90%
-5.12
2.7
-1.99% -174.04%
421.6M
277.9M
-5.13% -36.77%
-26.58
1.52
42.88% 96.06%

SBA Communications Corp News

Latest updates
MarketWatch13 hours ago
Zacks Investment Research19 hours ago

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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue0.6%683679676686676652620595589576549536523507517514508500493484467
Costs and Expenses-0.8%434437451451433421403398378376375371363350366360354364354334329
  S&GA Expenses2.3%65.0063.0072.0071.0066.0063.0062.0063.0051.0054.0052.0047.0048.0049.0050.0044.0042.0056.0051.0036.0035.00
EBITDA Margin0.5%0.62*0.62*0.58*0.61*0.58*0.58*0.65*0.57*0.63*0.63*0.58*0.51*---------
Interest Expenses67.3%12474.0012710110960.0010862.0012951.0011854.0010678.0011480.0011183.0011283.00111
Income Taxes126.9%8.00-29.1844.0026.003.00-3.5640.00-0.55-10.8347.00-20.9234.00-9.44-0.16-66.5417.00-3.0016.0010.0016.00-1.98
Earnings Before Taxes-46.0%93.0017314412910366.0022948.0037.00200-32.6714113.0023.00-19484.0019.0048.0036.0073.0014.00
EBT Margin-2.0%0.20*0.20*0.16*0.20*0.18*0.15*0.22*0.11*0.15*0.15*0.07*-0.01*---------
Net Income-57.1%87.0020410110310070.0018949.0048.00153-11.7410623.0023.00-12767.0022.0032.0026.0057.0016.00
Net Income Margin-2.7%0.18*0.19*0.14*0.18*0.16*0.14*0.18*0.10*0.13*0.12*0.07*0.01*---------
Free Cashflow-40.4%252423262223275319254255218322261210---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-2.5%10,33410,60410,54210,5859,94910,01210,1429,8029,6689,9609,7639,1589,0359,3919,3609,7609,2019,2699,3137,2147,214
  Current Assets-11.3%460519472483530495539614404482390473459624395334329316301374328
    Cash Equivalents6.3%191179153144280251336436254339242309336252230141159127144178163
  Net PPE-0.4%2,7012,7122,7102,7142,6582,6782,6752,5752,5802,6252,6092,6772,6682,6592,6982,7952,7632,7622,7612,7862,788
  Current Liabilities-10.2%6637386396971,3381,3181,2796165926265616155515531,0201,0485101,4281,4051,206266
  Long Term Debt-0.6%12,49112,57212,79812,84411,69611,81811,96912,27911,82311,90812,02011,07210,69310,55610,0519,8129,8228,7498,7818,9979,710
    LT Debt, Current0%24.0024.0024.0024.0066366366224.0024.0024.0024.0024.0024.0024.0052352224.0094394294224.00
    LT Debt, Non Current-0.6%12,49112,57212,79812,84411,69611,81811,96912,27911,82311,90812,02011,07210,69310,55610,0519,8129,8228,7498,7818,9979,710
Shareholder's Equity0.8%2,8482,8252,8002,7952,7562,7182,6892,6812,7122,6582,6102,5862,5642,5342,4722,4612,4462,4082,3592,2702,234
  Retained Earnings-0.8%-7,421-7,362-7,473-7,482-7,508-7,531-7,523-7,203-6,890-6,759-6,848-6,604-6,177-5,972-5,943-5,560-5,387-5,193-5,131-5,136-4,851
  Additional Paid-In Capital0.8%2,8482,8252,8002,7952,7562,7182,6892,6812,7122,6582,6102,5862,5642,5342,4722,4612,4462,4082,3592,2702,234
Shares Outstanding-0.2%108108108108108108108109110109109112---------
Float------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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-35.6%314487311289332372292299253353285243290315278265239243223226199
  Share Based Compensation17.1%21.0018.0026.0026.0025.0024.0025.0025.0017.0022.0020.0017.0017.0019.0016.0013.0013.0024.0023.0010.0010.00
Cashflow From Investing7.2%-103-111-146-802-105-229-255-145-93.07-108-1,076-92.9961.00-281-132-532-159-170-84.98-98.03-150
Cashflow From Financing26.5%-230-314-160431-190-224-15131.00-236-155701-154-262-8.79-43.33245-43.12-106-158-117-57.91
  Dividend Payments0.0%92.0092.0094.0077.0077.0077.0077.0063.0064.0063.0063.0051.0052.0052.0052.00------
  Buy Backs-54.00----0.004322981150.00169480176-20319917395.00-342108

SBAC Income Statement

2023-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Site leasing$ 637,440$ 587,302$ 1,880,851$ 1,726,967
Site development45,10488,282155,709220,393
Total revenues682,544675,5842,036,5601,947,360
Cost of revenues (exclusive of depreciation, accretion, and amortization shown below):    
Cost of site leasing118,277112,013353,411330,682
Cost of site development31,49365,540114,914165,809
Selling, general, and administrative expenses[1]64,82165,843200,412191,241
Acquisition and new business initiatives related adjustments and expenses5,6126,84416,62218,776
Asset impairment and decommission costs33,0638,53292,32025,565
Depreciation, accretion, and amortization180,674173,825544,909524,541
Total operating expenses433,940432,5971,322,5881,256,614
Operating income248,604242,987713,972690,746
Other income (expense):    
Interest income5,2662,85812,7656,878
Interest expense(99,322)(86,961)(301,835)(253,528)
Non-cash interest expense(7,898)(11,528)(29,655)(34,582)
Amortization of deferred financing fees(5,097)(4,955)(15,129)(14,758)
Other (expense) income, net(48,330)(39,756)29,9612,262
Total other expense, net(155,381)(140,342)(303,893)(293,728)
Income before income taxes93,223102,645410,079397,018
Provision for income taxes(7,861)(2,883)(22,192)(39,797)
Net income85,36299,762387,887357,221
Net loss attributable to noncontrolling interests2,0572474,397929
Net income attributable to SBA Communications Corporation$ 87,419$ 100,009$ 392,284$ 358,150
Net income per common share attributable to SBA Communications Corporation:    
Basic$ 0.81$ 0.93$ 3.62$ 3.32
Diluted$ 0.80$ 0.91$ 3.60$ 3.27
Weighted-average number of common shares    
Basic108,373107,916108,288107,950
Diluted108,891109,358109,017109,416
[1]Includes non-cash compensation of $20,615 and $24,945 for the three months ended September 30, 2023 and 2022, respectively, and $63,709 and $72,309 for the nine months ended September 30, 2023 and 2022, respectively.

SBAC Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 190,545$ 143,708
Restricted cash37,22141,959
Accounts receivable, net158,333184,368
Costs and estimated earnings in excess of billings on uncompleted contracts28,33479,549
Prepaid expenses and other current assets45,55033,149
Total current assets459,983482,733
Property and equipment, net2,700,7172,713,727
Intangible assets, net2,523,6202,776,472
Operating lease right-of-use assets, net2,315,8682,381,955
Acquired and other right-of-use assets, net1,488,7621,507,781
Other assets845,231722,373
Total assets10,334,18110,585,041
Current Liabilities:  
Accounts payable46,61351,427
Accrued expenses92,700101,484
Current maturities of long-term debt24,00024,000
Deferred revenue175,804154,553
Accrued interest30,10654,173
Current lease liabilities272,435262,365
Other current liabilities21,49048,762
Total current liabilities663,148696,764
Long-term liabilities:  
Long-term debt, net12,491,10212,844,162
Long-term lease liabilities1,979,1502,040,628
Other long-term liabilities332,220248,067
Total long-term liabilities14,802,47215,132,857
Redeemable noncontrolling interests35,04731,735
Shareholders' deficit:  
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding
Common stock - Class A, par value $0.01, 400,000 shares authorized, 108,120 shares and 107,997 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively1,0811,080
Additional paid-in capital2,848,4632,795,176
Accumulated deficit(7,421,725)(7,482,061)
Accumulated other comprehensive loss, net(594,305)(590,510)
Total shareholders' deficit(5,166,486)(5,276,315)
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit$ 10,334,181$ 10,585,041
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
 WEBSITEwww.sbasite.com
 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 Thu Feb 22 2024, market cap of SBA Communications Corp is 22.79 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 Thu Feb 22 2024, SBAC's PE ratio (Price to Earnings) is 45.98 and Price to Sales (PS) ratio is 8.37. 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 0.082 (multiply by 100 for percentage) rate of return.