SBA Communications Corporation (SBAC)
SBA Communications Corporation is a wireless infrastructure company that owns and operates cell towers and other telecommunications sites. They provide network coverage and capacity for wireless carriers in the United States, Canada, and Latin America. SBA Communications Corporation is headquartered in Boca Raton, Florida and was founded in 1989.
Company Info
Highlights
$23.93B
$7.56
29.46
1.65
$2.69B
$2.02B
$1.68B
$182.84 - $250.22
$254.12
3.33%
2.28
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
SBA Communications Corporation (SBAC) returned 12.99% year-to-date (YTD) and 15.39% over the past 12 months. Over the past 10 years, SBAC returned 7.53% annually, underperforming the S&P 500 benchmark at 10.79%.
SBAC
12.99%
1.88%
5.40%
15.39%
-3.07%
7.53%
^GSPC (Benchmark)
0.60%
9.64%
-0.54%
11.47%
15.67%
10.79%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -3.06% | 10.30% | 1.49% | 10.63% | -5.88% | 12.99% | |||||||
| 2024 | -11.76% | -6.54% | 4.03% | -14.11% | 6.20% | -0.19% | 11.84% | 3.71% | 6.19% | -4.67% | -0.96% | -9.92% | -18.18% |
| 2023 | 6.14% | -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% |
| 2020 | 3.56% | 6.22% | 2.01% | 7.39% | 8.52% | -5.16% | 4.57% | -1.61% | 4.05% | -8.83% | -0.94% | -1.76% | 17.81% |
| 2019 | 12.75% | -1.08% | 10.58% | 2.04% | 6.22% | 3.90% | 9.15% | 7.08% | -8.11% | -0.21% | -1.59% | 1.91% | 49.30% |
| 2018 | 6.82% | -9.87% | 8.68% | -6.25% | -1.35% | 4.46% | -4.16% | -1.91% | 3.48% | 0.96% | 5.33% | -5.22% | -0.90% |
| 2017 | 1.94% | 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% |
| 2015 | 5.36% | 6.86% | -6.10% | -1.09% | -3.46% | 2.83% | 5.00% | -2.09% | -11.39% | 13.63% | -11.65% | -0.09% | -5.14% |
| 2014 | 3.24% | 2.61% | -4.42% | -1.32% | 13.08% | 0.79% | 4.53% | 3.14% | 0.55% | 1.29% | 8.31% | -8.97% | 23.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SBAC is 69, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
SBA Communications Corporation provided a 1.77% dividend yield over the last twelve months, with an annual payout of $4.05 per share. The company has been increasing its dividends for 5 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $4.05 | $3.92 | $3.40 | $2.84 | $2.32 | $1.86 | $0.74 |
Dividend yield | 1.77% | 1.92% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $1.11 | $0.00 | $0.00 | $1.11 | |||||||
| 2024 | $0.00 | $0.00 | $0.98 | $0.00 | $0.98 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.98 | $0.00 | $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
SBA Communications Corporation has a dividend yield of 1.77%, which is quite average when compared to the overall market.
Payout Ratio
SBA Communications Corporation has a payout ratio of 54.45%, 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.
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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 38.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.65% | Jun 30, 2000 | 573 | Oct 14, 2002 | 2443 | Jun 26, 2012 | 3016 |
| -50.79% | Jan 3, 2022 | 584 | Apr 30, 2024 | — | — | — |
| -38.19% | Jul 13, 1999 | 21 | Aug 10, 1999 | 66 | Nov 11, 1999 | 87 |
| -36.28% | Mar 14, 2000 | 25 | Apr 17, 2000 | 51 | Jun 29, 2000 | 76 |
| -33.63% | Aug 18, 2015 | 123 | Feb 11, 2016 | 307 | May 2, 2017 | 430 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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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.
Earnings Per Share
The chart presents the Earnings Per Share (EPS) performance of SBA Communications Corporation, comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -37.8%.
Valuation
The Valuation section provides an overview of how SBA Communications Corporation is priced in the market compared to other companies in the REIT - Specialty industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for SBAC, comparing it with other companies in the REIT - Specialty industry. Currently, SBAC has a P/E ratio of 29.5. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for SBAC compared to other companies in the REIT - Specialty industry. SBAC currently has a PEG ratio of 1.7. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for SBAC relative to other companies in the REIT - Specialty industry. Currently, SBAC has a P/S ratio of 8.9. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for SBAC in comparison with other companies in the REIT - Specialty industry. Currently, SBAC has a P/B value of 0.0. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
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