Key facts, as of
As of November 6, 2026, SBA Communications (SBAC) trades at $189.42, down 2.7% over the past year. Its 52-week range runs from $156.60 to $224.46; the price is 15.6% below that high. It is 51.6% below its all-time high of $391.15, reached in December 2021. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +82.4%, against +316.3% for the S&P 500 (SPY). It sits 0.5% below its 200-day average of $190.32. Its 30-day volatility is 41.6% annualized, which we rate high risk. It has a trailing P/E of 20.5 and a dividend yield of 2.64%.
Cite: Portfolio Terminal, "SBA Communications (SBAC) stock analysis", 2026-11-06. https://portfolio-terminal.com/analyse/sbac
Where it trades today
trading 48% of the way up its 52-week range
How the price has moved
How far it is from its record
SBA Communications (SBAC) is 51.6% below its all-time high of $391.15, reached in December 2021. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +82.4%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- SBAC closes above its 50-day average ($179.80) while the 50-day is still under the 200-day ($190.32): a rebound inside a longer decline, not yet an uptrend.
- At $189.42, SBAC is 15.6% below its 1-year high of $224.46, set on April 20, 2026, and 21.0% above its 1-year low of $156.60 (October 5, 2026).
- Over the past month SBAC rose 11.4%, from $170.01 to $189.42.
- SBAC trades at 20.5x its last twelve months of earnings and 23.9x the next twelve months' estimate, so analysts expect earnings 14.5% lower.
- Its P/E is 68.6% below the 65.2x median of the 2 other reit—specialty companies we track (EQIX, IRM).
- SBAC's 30-day volatility, 41.6% a year, works out to a typical daily move of about 2.6%.
- Yahoo Finance puts its beta at 0.97: over five years of monthly returns, SBAC moved about 0.97% for each 1% move of the S&P 500.
What would change the read
- The rebound holds while it closes above the 50-day average, $179.80 (−5.1%); it becomes an uptrend when the 50-day climbs 5.9% to cross the 200-day at $190.32.
- A close above $224.46 (+18.5%) would be a new 1-year high; below $156.60 (−17.3%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for SBAC, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under reit—specialty among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for SBAC by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for SBAC. Last refresh: Nov 8, 2026, 10:53 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: REIT—Specialty.
What SBA Communications does
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or by other tower owners or operators who, like us, build towers to lease space to multiple wireless service providers. As of December 31, 2025, each…
What analysts expect
SBAC carries a buy consensus from 20 analysts, with an average price target of $222.75 versus $189.42 today (+17.6%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
SBAC generated $2.85B in trailing revenue (-2.5% year over year), with a 34.5% net margin, and $684.67M of free cash flow, against $14.84B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $2.82B | $2.12B | $1.55B | $1.05B | $9.83 | $1.07B |
| 2024 | $2.68B | $2.10B | $1.57B | $749.54M | $6.96 | $1.11B |
| 2023 | $2.71B | $2.10B | $1.11B | $501.81M | $4.64 | $1.31B |
| 2022 | $2.63B | $1.96B | $995.38M | $461.43M | $4.27 | $1.07B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
SBAC is in 16 of the 54 ETFs we track. It weighs most in VNQ: 0.96% of the fund, holding #18 of 140.
How its figures compare with those peers
Companies in the same industry
SBAC beside the other companies Yahoo Finance files under reit—specialty among the assets we track (EQIX, IRM, largest first).
SBACyou are here$189.42$19.78B
EQIXEquinix Inc.$1012.71$100.25B
IRMIron Mountain$106.52$31.73BWhat the chart is saying
Back above its 50-day average, still under the long-term trend.
recovering- Price is 5.4% above its 50-day average and 0.5% below its 200-day.
- The 50-day crossed below the 200-day on 2026-07-22 (a “death cross”).
- RSI at 58 is neither stretched nor washed out.
- The nearest ceiling is $195.15 (+3.0%), the nearest floor $179.02 (-5.5%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is SBAC valued right now?
SBA Communications trades at 20.5 times its last twelve months of earnings and 23.9 times the next twelve months' estimate (Yahoo Finance, November 6, 2026). On the chart: back above its 50-day average, still under the long-term trend. Price is 5.4% above its 50-day average and 0.5% below its 200-day.
What is the risk level of SBAC?
Based on 30-day volatility of 41.6%, SBAC has HIGH risk. Its beta of 0.97 means it has swung less than the S&P 500 over the last five years.
Does SBAC pay dividends?
Yes, SBA Communications has a dividend yield of 2.64%.
How far is SBAC from its all-time high?
SBA Communications is 51.6% below its all-time high of $391.15, reached in December 2021. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +82.4%, against +316.3% for the S&P 500 (SPY).
Which ETFs hold SBAC?
16 of the 54 popular ETFs we track hold SBA Communications. The largest weights: VNQ (0.96%), RSP (0.20%), VO (0.17%), VUG (0.04%) and VTV (0.03%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is SBAC?
0.03%, as of September 30, 2026: SBAC is holding #405 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.26 in SBA Communications.
What is the analyst price target for SBAC?
The average analyst price target for SBA Communications (SBAC) is $222.75 based on 20 analyst estimates, about 17.6% above the current price of $189.42. The published range runs from $165.00 to $280.00.
How much revenue does SBAC generate?
SBA Communications reported $2.85B in trailing twelve-month revenue. Revenue growth is running at -2.5% year over year. Net margin sits at 34.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare SBAC with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.