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Real Estate - REIT - Specialty - NASDAQ - US
$ 214.43
-2.49 %
$ 23.1 B
Market Cap
30.85
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SBAC stock under the worst case scenario is HIDDEN Compared to the current market price of 214 USD, SBA Communications Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SBAC stock under the base case scenario is HIDDEN Compared to the current market price of 214 USD, SBA Communications Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SBAC stock under the best case scenario is HIDDEN Compared to the current market price of 214 USD, SBA Communications Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SBAC

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$250.0$250.0$240.0$240.0$230.0$230.0$220.0$220.0$210.0$210.0$200.0$200.0$190.0$190.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
2.68 B REVENUE
-1.18%
1.44 B OPERATING INCOME
55.44%
749 M NET INCOME
49.19%
1.33 B OPERATING CASH FLOW
-13.57%
-809 M INVESTING CASH FLOW
-72.84%
646 M FINANCING CASH FLOW
163.48%
694 M REVENUE
3.91%
382 M OPERATING INCOME
1.80%
179 M NET INCOME
-30.13%
310 M OPERATING CASH FLOW
1.83%
-329 M INVESTING CASH FLOW
-20.08%
1.18 B FINANCING CASH FLOW
1889.62%
Balance Sheet SBA Communications Corporation
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Current Assets 1.98 B
Cash & Short-Term Investments 190 M
Receivables 146 M
Other Current Assets 1.64 B
Non-Current Assets 9.44 B
Long-Term Investments 20.8 M
PP&E 6.39 B
Other Non-Current Assets 3.03 B
14.39 %55.99 %26.50 %Total Assets$11.4b
Current Liabilities 1.8 B
Accounts Payable 59.5 M
Short-Term Debt 1.45 B
Other Current Liabilities 289 M
Non-Current Liabilities 12.9 B
Long-Term Debt 1.9 B
Other Non-Current Liabilities 11 B
9.87 %12.97 %74.78 %Total Liabilities$14.7b
EFFICIENCY
Earnings Waterfall SBA Communications Corporation
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Revenue 2.68 B
Cost Of Revenue 0
Gross Profit 2.68 B
Operating Expenses 1.24 B
Operating Income 1.44 B
Other Expenses 687 M
Net Income 749 M
3b3b3b3b2b2b2b2b1b1b500m500m003b03b(1b)1b(687m)749mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
53.58% OPERATING MARGIN
53.58%
27.97% NET MARGIN
27.97%
-14.67% ROE
-14.67%
6.56% ROA
6.56%
12.57% ROIC
12.57%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis SBA Communications Corporation
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1b1b1b1b1b1b800m800m600m600m400m400m200m200m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 749 M
Depreciation & Amortization 270 M
Capital Expenditures -228 M
Stock-Based Compensation 74.4 M
Change in Working Capital -143 M
Others 242 M
Free Cash Flow 1.11 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets SBA Communications Corporation
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Wall Street analysts predict an average 1-year price target for SBAC of $239 , with forecasts ranging from a low of $220 to a high of $280 .
SBAC Lowest Price Target Wall Street Target
220 USD 2.60%
SBAC Average Price Target Wall Street Target
239 USD 11.65%
SBAC Highest Price Target Wall Street Target
280 USD 30.58%
Price
Max Price Target
Min Price Target
Average Price Target
280280270270260260250250240240230230220220210210200200190190180180May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.48% DIVIDEND YIELD
1.11 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
4.0004.0003.5003.5003.0003.0002.5002.5002.0002.0001.5001.5001.0001.0000.5000.5000.0000.0000.4650.580.710.850.981.110.4650.580.710.850.980.370.4650.580.710.850.980.371.670.4652.090.582.580.713.120.853.660.983.070.0020192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 6
6. Ownership
Insider Ownership SBA Communications Corporation
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Sold
0-3 MONTHS
803 K USD 2
3-6 MONTHS
1.27 M USD 2
6-9 MONTHS
11.5 M USD 3
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
SBA Communications Corporation Sets Date for First Quarter 2025 Earnings Release BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its first quarter results on Monday, April 28, 2025 after market close. SBA will host a conference call on Monday, April 28, 2025 to discuss these results. The call may be accessed as follows: When: Monday, April 28, 2025 at 5:00 PM (EDT)   Dial-in Number: 1-202-735-3323   Access Code: 8735432   Conference Name: SBA First Quarter 2025 Results   Replay Available: (888). businesswire.com - 1 week ago
SBA Communications (SBAC) Moves 5.3% Higher: Will This Strength Last? SBA Communications (SBAC) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO per share estimate revisions for the stock suggests that there could be more strength down the road. zacks.com - 2 weeks ago
Lamb Weston and SBA Communications Are Rising on Day When Most Stocks Aren't. Here's Why. Lamb Weston is the biggest gainer in the S&P 500 as the broader market slides as President Donald Trump's tariffs stoke recession fears. barrons.com - 2 weeks ago
My Top 15 High-Growth Dividend Stocks For April 2025 My Top 15 High-Growth Dividend stocks outperformed SPY and VIG in March, posting a loss of 3.26% compared to SPY's 5.86% and VIG's 4.50%. The April 2025 list offers an average dividend yield of 1.25% and is potentially 31% undervalued, poised for strong long-term returns. Dollar cost averaging into the top 15 stocks each month shows a 68.54% success rate, with 61 out of 89 stocks leading to positive gains. seekingalpha.com - 2 weeks ago
SBA Communications: Headwinds Persist, But Growth Potential Remains (Rating Downgrade) SBA Communications faces headwinds, particularly in Brazil, but remains a compelling buy due to strong fundamentals, dividend coverage, and upside potential. The recent acquisition of 7,000 towers from Millicom is expected to drive growth and establish a leading position in Central America. Despite foreign exchange challenges, SBAC's AFFO and revenue have shown solid growth, and the REIT continues to deleverage its balance sheet effectively. seekingalpha.com - 1 month ago
Here's Why You Should Add SBA Communications Stock to Your Portfolio SBAC is set for healthy growth with extensive infrastructure assets amid rising consumer demand and the adoption of data-driven mobile devices and applications. zacks.com - 1 month ago
Bet on These 3 Equity REIT Stocks Despite Industry Challenges The Zacks REIT and Equity Trust - Other industry players such as WELL, SBAC and SLG are likely to benefit from healthy fundamentals and improving demand. zacks.com - 1 month ago
3 REITs To Buy Before They Hike Their Dividend REIT dividend payments continue to grow. Some REITs are growing at a double-digit rate. I highlight three undervalued REITs to buy before they hike their dividend again. seekingalpha.com - 1 month ago
My Top 15 High-Growth Dividend Stocks For March 2025 The SPDR S&P 500 ETF Trust stumbled in February but managed to maintain a positive return in 2025. The Top 15 dividend growth stocks for March 2025 offer an average dividend yield of 1.13% and appear to be about 25% undervalued based on dividend yield theory. Since its inception in September 2020, the watch list has achieved a 10.63% compound annual growth rate. seekingalpha.com - 1 month ago
SBA Communications Q4 AFFO & Revenues Beat Estimates, Dividend Hiked SBAC's Q4 results reflect growth in site-leasing and site-development revenues. zacks.com - 1 month ago
Here's What Key Metrics Tell Us About SBA Communications (SBAC) Q4 Earnings The headline numbers for SBA Communications (SBAC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 month ago
SBA Communications (SBAC) Beats Q4 FFO and Revenue Estimates SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.47 per share, beating the Zacks Consensus Estimate of $3.37 per share. This compares to FFO of $3.37 per share a year ago. zacks.com - 1 month ago
8. Profile Summary

SBA Communications Corporation SBAC

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COUNTRY US
INDUSTRY REIT - Specialty
MARKET CAP $ 23.1 B
Dividend Yield 0.48%
Description SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.
Contact 8051 Congress Avenue, Boca Raton, FL, 33487 https://www.sbasite.com
IPO Date June 16, 1999
Employees 1720
Officers Mr. Mark R. Ciarfella Executive Vice President of Operations Mr. Joshua M. Koenig Executive Vice President, Chief Administrative Officer & General Counsel Mr. Brendan Thomas Cavanagh CPA Chief Executive Officer, President & Director Mr. Marc R. Montagner Executive Vice President & Chief Financial Officer Ms. Michelle Eisner Senior Vice President & Chief Human Resources Officer Mr. Elvis T. Clemetson Senior Vice President & Chief Information Officer Mr. Neil H. Seidman Senior Vice President of Mergers and Acquisitions Mr. Steven E. Bernstein II Founder & Independent Director Mr. Richard M. Cane Executive Vice President & President – International Mr. Saul M. Kredi Vice President & Chief Accounting Officer