Where it trades today
trading 26% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Financing conditions, occupancy, and asset repricing are the main levers behind upside or downside from here.
- SBAC trades at 19.3x earnings versus 35.0x for the sector, which means the rerating case depends on proving the discount is too harsh.
- SBAC carries a beta of 0.98, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- Relative performance versus PLD, EQIX matters here because leadership inside real estate rarely stays static for long.
Portfolio Use Case
- SBAC is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- The risk profile looks balanced enough for a diversified core-plus portfolio, provided the position size reflects sector concentration.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as PLD, EQIX start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for SBAC come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Real Estate so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as PLD, EQIX.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for SBAC. Last refresh: Sep 18, 2026, 10:56 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as PLD, EQIX.
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 $226.40 versus $178.59 today (+26.8%). 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 $2.87B in trailing revenue (2.3% year over year), with a 34.5% net margin, and $752.06M of free cash flow, against $14.88B 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.
How it sits in real estate
REITs and real estate companies offering income through property investments.
The companies it competes with
SBAC beside the real estate names it is usually measured against.
What the chart is saying
SBA Communications trades at $178.59, 20.4% below its 52-week high. With a beta of 0.98, it shows about average sensitivity to what the wider market does.
Questions people ask about it
Is SBAC a good buy right now?
SBA Communications trades at 19.3x earnings. This is near market average. Current risk level is Medium based on 22.5% volatility.
Does SBAC pay dividends?
Yes, SBA Communications offers a dividend yield of 2.76%. That is roughly $4.93 per share a year.
How volatile is SBAC?
With 30-day annualized volatility of 22.5% and beta of 0.98, SBAC is classified as Medium risk. The stock tends to be more stable than the market average.
What is the analyst price target for SBAC?
The average analyst price target for SBA Communications (SBAC) is $226.40 based on 20 analyst estimates, about 26.8% above the current price of $178.59. The published range runs from $167.00 to $280.00.
How much revenue does SBAC generate?
SBA Communications reported $2.87B in trailing twelve-month revenue. Revenue growth is running at 2.3% year over year. Net margin sits at 34.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.