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SBA Communications Corporation (SBAC)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US78410G1040

CUSIP

78410G104

Sector

Real Estate

IPO Date

Jun 16, 1999

Highlights

Market Cap

$23.61B

EPS (TTM)

$6.34

PE Ratio

34.64

PEG Ratio

1.07

Total Revenue (TTM)

$2.66B

Gross Profit (TTM)

$1.54B

EBITDA (TTM)

$1.84B

Year Range

$181.92 - $255.19

Target Price

$261.87

Short %

2.91%

Short Ratio

2.98

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SBAC vs. AMT SBAC vs. CCI SBAC vs. VICI SBAC vs. LAMR SBAC vs. SCHD SBAC vs. SPY SBAC vs. COST SBAC vs. VOO SBAC vs. FNGU SBAC vs. STAG
Popular comparisons:
SBAC vs. AMT SBAC vs. CCI SBAC vs. VICI SBAC vs. LAMR SBAC vs. SCHD SBAC vs. SPY SBAC vs. COST SBAC vs. VOO SBAC vs. FNGU SBAC vs. STAG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SBA Communications Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
12.99%
10.60%
SBAC (SBA Communications Corporation)
Benchmark (^GSPC)

Returns By Period

SBA Communications Corporation had a return of -11.23% year-to-date (YTD) and -4.58% in the last 12 months. Over the past 10 years, SBA Communications Corporation had an annualized return of 7.41%, while the S&P 500 had an annualized return of 11.16%, indicating that SBA Communications Corporation did not perform as well as the benchmark.


SBAC

YTD

-11.23%

1M

-10.72%

6M

12.44%

1Y

-4.58%

5Y (annualized)

-0.26%

10Y (annualized)

7.41%

^GSPC (Benchmark)

YTD

23.62%

1M

0.54%

6M

11.19%

1Y

30.63%

5Y (annualized)

13.61%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of SBAC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-11.76%-6.54%4.03%-14.11%6.20%-0.19%11.84%3.71%6.19%-4.67%-11.23%
20236.14%-12.83%1.01%-0.07%-14.67%4.50%-5.53%2.95%-10.85%4.23%18.80%2.73%-8.15%
2022-16.34%-6.78%13.67%0.87%-2.81%-4.92%4.92%-2.93%-12.48%-5.18%11.16%-6.34%-27.30%
2021-4.77%-5.04%9.05%7.99%-0.34%6.90%6.99%5.45%-7.91%4.47%-0.28%13.15%38.95%
20203.56%6.22%2.01%7.39%8.52%-5.16%4.57%-1.61%4.05%-8.83%-0.94%-1.76%17.81%
201912.75%-1.08%10.58%2.04%6.22%3.90%9.15%7.08%-8.11%-0.21%-1.59%1.91%49.30%
20186.82%-9.87%8.68%-6.25%-1.35%4.46%-4.16%-1.91%3.48%0.96%5.33%-5.22%-0.90%
20171.94%9.98%3.97%5.08%9.24%-2.37%1.96%11.63%-6.19%9.11%8.00%-3.76%58.20%
2016-5.51%-4.42%5.56%2.87%-3.53%8.59%6.54%-0.74%-1.74%1.00%-12.64%4.35%-1.72%
20155.36%6.86%-6.10%-1.09%-3.46%2.83%5.00%-2.09%-11.39%13.63%-11.65%-0.09%-5.14%
20143.24%2.61%-4.42%-1.32%13.08%0.79%4.53%3.14%0.55%1.29%8.31%-8.97%23.29%
2013-1.87%2.10%1.24%9.71%-4.71%-1.53%-0.04%1.23%7.28%8.61%-2.54%5.48%26.57%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SBAC is 34, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of SBAC is 3434
Combined Rank
The Sharpe Ratio Rank of SBAC is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of SBAC is 2929
Sortino Ratio Rank
The Omega Ratio Rank of SBAC is 2828
Omega Ratio Rank
The Calmar Ratio Rank of SBAC is 3838
Calmar Ratio Rank
The Martin Ratio Rank of SBAC is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SBA Communications Corporation (SBAC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SBAC, currently valued at -0.14, compared to the broader market-4.00-2.000.002.004.00-0.142.51
The chart of Sortino ratio for SBAC, currently valued at -0.02, compared to the broader market-4.00-2.000.002.004.00-0.023.37
The chart of Omega ratio for SBAC, currently valued at 1.00, compared to the broader market0.501.001.502.001.001.47
The chart of Calmar ratio for SBAC, currently valued at -0.07, compared to the broader market0.002.004.006.00-0.073.63
The chart of Martin ratio for SBAC, currently valued at -0.25, compared to the broader market0.0010.0020.0030.00-0.2516.15
SBAC
^GSPC

The current SBA Communications Corporation Sharpe ratio is -0.14. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of SBA Communications Corporation with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.14
2.48
SBAC (SBA Communications Corporation)
Benchmark (^GSPC)

Dividends

Dividend History

SBA Communications Corporation provided a 1.77% dividend yield over the last twelve months, with an annual payout of $3.92 per share. The company has been increasing its dividends for 4 consecutive years.


0.40%0.60%0.80%1.00%1.20%1.40%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019
Dividend$3.92$3.40$2.84$2.32$1.86$0.74

Dividend yield

1.77%1.34%1.01%0.60%0.66%0.31%

Monthly Dividends

The table displays the monthly dividend distributions for SBA Communications Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.98$0.00$0.98$0.00$0.00$0.98$0.00$0.00$0.98$3.92
2023$0.00$0.00$0.85$0.00$0.85$0.00$0.00$0.85$0.00$0.00$0.85$0.00$3.40
2022$0.00$0.00$0.71$0.00$0.71$0.00$0.00$0.71$0.00$0.00$0.71$0.00$2.84
2021$0.00$0.00$0.58$0.00$0.58$0.00$0.00$0.58$0.00$0.00$0.58$0.00$2.32
2020$0.00$0.00$0.47$0.00$0.47$0.00$0.00$0.47$0.00$0.00$0.47$0.00$1.86
2019$0.37$0.00$0.00$0.37$0.00$0.74

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%1.8%
SBA Communications Corporation has a dividend yield of 1.77%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%61.8%
SBA Communications Corporation has a payout ratio of 61.83%, which is quite average when compared to the overall market. This suggests that SBA Communications Corporation strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-40.73%
-2.18%
SBAC (SBA Communications Corporation)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the SBA Communications Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SBA Communications Corporation was 99.65%, occurring on Oct 14, 2002. Recovery took 2443 trading sessions.

The current SBA Communications Corporation drawdown is 40.73%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.65%Jun 30, 2000573Oct 14, 20022443Jun 26, 20123016
-50.79%Jan 3, 2022584Apr 30, 2024
-38.19%Jul 13, 199921Aug 10, 199966Nov 11, 199987
-36.28%Mar 14, 200025Apr 17, 200051Jun 29, 200076
-33.63%Aug 18, 2015123Feb 11, 2016307May 2, 2017430

Volatility

Volatility Chart

The current SBA Communications Corporation volatility is 7.05%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.05%
4.06%
SBAC (SBA Communications Corporation)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of SBA Communications Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of SBA Communications Corporation compared to its peers in the REIT - Specialty industry.


PE Ratio
50.0100.0150.0200.0250.0300.034.6
The chart displays the price to earnings (P/E) ratio for SBAC in comparison to other companies of the REIT - Specialty industry. Currently, SBAC has a PE value of 34.6. This PE ratio falls in the average range for the industry.
PEG Ratio
5.010.015.020.01.1
The chart displays the price to earnings to growth (PEG) ratio for SBAC in comparison to other companies of the REIT - Specialty industry. Currently, SBAC has a PEG value of 1.1. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for SBA Communications Corporation.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items