SBA CommunicationsSBAC
SBAC
About: SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. It owns more than 17,000 towers in the US, which accounted for about 70% of the company's total revenue in 2023. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust.
Employees: 1,720
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
76% more call options, than puts
Call options by funds: $41M | Put options by funds: $23.3M
3.26% more ownership
Funds ownership: 95.08% [Q3] → 98.34% (+3.26%) [Q4]
7% more repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 239
5% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 93
2% less funds holding
Funds holding: 668 [Q3] → 652 (-16) [Q4]
12% less capital invested
Capital invested by funds: $24.6B [Q3] → $21.5B (-$3.04B) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 6 (-3) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$225
2%
downside
Avg. target
$244
7%
upside
High target
$255
11%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Morgan Stanley Simon Flannery 50% 1-year accuracy 2 / 4 met price target | 5%upside $240 | Equal-Weight Downgraded | 1 Apr 2025 |
Barclays Tim Long 54% 1-year accuracy 30 / 56 met price target | 7%upside $244 | Overweight Maintained | 21 Mar 2025 |
Wells Fargo Eric Luebchow 37% 1-year accuracy 16 / 43 met price target | 2%downside $225 | Equal-Weight Maintained | 26 Feb 2025 |
Citizens Capital Markets Greg Miller 29% 1-year accuracy 8 / 28 met price target | 9%upside $250 | Market Outperform Reiterated | 25 Feb 2025 |
RBC Capital Jonathan Atkin 65% 1-year accuracy 13 / 20 met price target | 11%upside $255 | Outperform Reiterated | 24 Feb 2025 |
Financial journalist opinion
Based on 7 articles about SBAC published over the past 30 days
Positive
Seeking Alpha
5 hours ago
Our Top 10 High Growth Dividend Stocks - April 2025
The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum, suitable for investors in the accumulation phase.
Positive
Market Watch
1 week ago
These 20 stocks have risen during Trump's trade tirade. Analysts see up to 30% additional upside.
The stock market doesn't react well to uncertainty. And the daily headlines about new tariffs being placed on U.S. imports and possible negotiations with trading partners to do away with tariffs have led to seesaw intraday action.
Neutral
Business Wire
1 week ago
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).
Positive
Zacks Investment Research
2 weeks 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.
Positive
Barrons
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.
Positive
Seeking Alpha
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.
Neutral
Seeking Alpha
4 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.
Positive
Zacks Investment Research
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.
Positive
Zacks Investment Research
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.
Positive
Zacks Investment Research
1 month ago
SBAC Stock Has Risen 10.4% Year to Date: Will the Trend Continue?
SBAC is set for healthy growth with extensive infrastructure assets amid rising consumer demand and adoption of data-driven mobile devices and applications.
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