Companies /Real Estate

SBA Communications Corp - Class A

NASDAQ: SBAC Reit - Specialty
$169.70
▲ $7.88 (+4.87%) today
Markets closed · 4:57pm ET

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SBAC at a Glance

Valuation
Market cap
$17.2B
P/E ratio
17.5
Dividend yield
2.98%
Profitability
Revenue (TTM)
$2.9B
Profit margin
34.5%
EPS (TTM)
$9.27
Price
52-week range
$157 – $222
Street target
$226.20
Earnings
Next report
Nov 2, 2026
Q2 2026 EPS
$1.87
vs. $1.89 est.
−1.2%

Headquartered in Boca Raton, FL Fiscal year ends December NASDAQ: SBAC sbasite.com

About SBA Communications

SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells. The company owns or operates more than 46,000 communication sites across the Americas and Africa, with 17,362 sites in the United States and its territories and 29,028 internationally. SBA operates as a Real Estate Investment Trust (REIT) listed on NASDAQ under the symbol SBAC and is a member of the S&P 500. The company generates revenue primarily through site leasing, where wireless carriers lease space on SBA's towers and infrastructure to deploy network equipment, and secondarily through site development services. SBA recently achieved investment grade credit ratings from S&P (BBB) and completed its inaugural unsecured bond offering, marking a significant shift in its capital structure away from secured debt. Updated

Revenue by Segment · Q2 2026
  1. Domestic Site Leasing63%
  2. International Site Leasing30%
  3. Site Development7%

Latest Activity

Biggest dividend payouts · Aug 20
MSFTMicrosoft
$6.8B$0.91 per share
  • 2AMATApplied Materials$0.53/sh$421M
  • 3MARMarriott International$0.73/sh$190M
  • 4SBACSBA Communications$1.25/sh$133M
  • 5LKQLKQ$0.30/sh$75.9M

Microsoft is sending shareholders about $6.76 billion, 91 cents a share, with the money arriving September 10. Applied Materials, Marriott, SBA Communications and LKQ are paying too, but nothing else today comes close.

SBAC Coverage

Frequently Asked Questions

What does SBA Communications do?

SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells.

What is the SBAC stock price target?

The Wall Street consensus 12-month price target for SBAC is $226.20.