- ISIN
- US78410G1040
- CUSIP
- 78410G104
- Sector
- Real Estate
- Industry
- REIT - Specialty
- IPO Date
- Jun 16, 1999
Highlights
- Market Cap
- $19.91B
- Enterprise Value
- $27.76B
- EPS (TTM)
- $9.50
- PE Ratio
- 19.74
- PEG Ratio
- 0.40
- Total Revenue (TTM)
- $2.85B
- Gross Profit (TTM)
- $1.28B
- EBITDA (TTM)
- $1.74B
- Year Range
- $162.41 - $243.16
- Target Price
- $230.17
- ROA (TTM)
- 8.68%
- ROE (TTM)
- -21.42%
Share Price Chart
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Performance
SBAC Performance Chart
SBA Communications Corporation (SBAC) is down 1.8% since the beginning of the year. At $188 per share, SBAC is trading 22.9% below its 52-week high of $243. Investors who bought $1,000 worth of SBAC shares 5 years ago would now be looking at an investment worth $640.
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Returns By Period
SBA Communications Corporation (SBAC) has returned -1.77% so far this year and -16.26% over the past 12 months. Over the last ten years, SBAC has returned 7.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
SBA Communications Corporation
- 1D
- 0.39%
- 1M
- -8.75%
- YTD
- -1.77%
- 6M
- -0.33%
- 1Y
- -16.26%
- 3Y*
- -3.73%
- 5Y*
- -8.55%
- 10Y*
- 7.13%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SBAC Monthly Returns History
Based on dividend-adjusted daily data since Jun 16, 1999, SBAC's average daily return is +0.11%, while the average monthly return is +2.50%. At this rate, an investment would double in approximately 2.3 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2001 with a return of +115.6%, while the worst month was Oct 2002 at -66.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SBAC closed higher 52% of trading days. The best single day was Mar 7, 2002 with a return of +45.5%, while the worst single day was Oct 4, 2002 at -48.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.82% | 9.26% | -13.86% | 28.52% | -7.60% | -7.66% | -1.77% | ||||||
| 2025 | -3.06% | 10.30% | 1.49% | 10.63% | -4.27% | 1.27% | -4.31% | -8.39% | -5.61% | -0.97% | 2.02% | -0.43% | -3.13% |
| 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% |
Benchmark Metrics
SBA Communications Corporation has an annualized alpha of 20.16%, beta of 1.06, and R2 of 0.13 versus S&P 500 Index. Calculated based on daily prices since June 16, 1999.
- This stock captured 157.55% of S&P 500 Index gains and 122.76% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.13 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 20.16%
- Beta
- 1.06
- R²
- 0.13
- Upside Capture
- 157.55%
- Downside Capture
- 122.76%
Return for Risk
Risk / Return Rank
SBAC ranks 20 for risk / return — in the bottom 20% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SBA Communications Corporation (SBAC) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SBAC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.39 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.37 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 2.78 | -3.33 |
| Martin ratioReturn relative to average drawdown | -1.01 | 12.44 | -13.45 |
Dividends
Dividend History
SBA Communications Corporation provided a 2.52% dividend yield over the last twelve months, with an annual payout of $4.72 per share. The company has been increasing its dividends for 6 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $4.72 | $4.44 | $3.92 | $3.40 | $2.84 | $2.32 | $1.86 | $0.74 |
Dividend yield | 2.52% | 2.30% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $1.25 | $0.00 | $1.25 | $0.00 | $2.50 | ||||||
| 2025 | $0.00 | $0.00 | $1.11 | $0.00 | $1.11 | $0.00 | $0.00 | $1.11 | $0.00 | $0.00 | $1.11 | $0.00 | $4.44 |
| 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 |
Dividend Yield & Payout
Dividend Yield
SBA Communications Corporation has a dividend yield of 2.52%, which is quite average when compared to the overall market.
Payout Ratio
SBA Communications Corporation has a payout ratio of 48.34%, 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 48.01%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -99.65%Oct 2002 | 2y 3mo | 9y 8mo | 11y 12moJun 2000 - Jun 2012 |
2026 bear market2026 | -54.50%Mar 2026 | 4y 2mo | — | 4y 5moJan 2022 - now |
1999 bear market1999 | -38.18%Aug 1999 | 28d | 3mo 3d | 4mo 1dJul 1999 - Nov 1999 |
Dot-com crash2000–2002 | -36.28%Apr 2000 | 1mo 4d | 2mo 13d | 3mo 17dMar 2000 - Jun 2000 |
2016 bear market2016 | -33.63%Feb 2016 | 5mo 27d | 1y 2mo | 1y 8moAug 2015 - May 2017 |
Drawdown Indicators
| SBAC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -56.78% | -42.87% |
Max Drawdown (1Y)Largest decline over 1 year | -29.80% | -9.10% | -20.70% |
Max Drawdown (3Y)Largest decline over 3 years | -32.21% | -18.90% | -13.31% |
Max Drawdown (5Y)Largest decline over 5 years | -54.50% | -25.43% | -29.07% |
Max Drawdown (10Y)Largest decline over 10 years | -54.50% | -33.92% | -20.58% |
Current DrawdownCurrent decline from peak | -48.01% | -1.80% | -46.21% |
Average DrawdownAverage peak-to-trough decline | -35.40% | -10.71% | -24.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.15% | 2.03% | +14.12% |
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.
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 19.7. 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 0.4. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.
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 7.0. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
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 | — |
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