SBAC · SBA Communications Corp
Price
Snapshot
50 fields · last close| Market Cap | $20.32B |
| P/E | 20.57 |
| Float | 105.1M |
| Beta | 0.98 |
| Volatility | 24.6% |
| Exchange | NASDAQ |
| Sector | Real Estate |
| Cap tier | Large cap |
| Macro sensitivity | Moderate |
| Clavix score | 76 |
| Price | 189.02 |
| Change | −1.31% |
| Prev Close | 191.52 |
| Open | 187.13 |
| Day Low | 187.13 |
| Day High | 194.23 |
| Avg Vol | 1 |
| Avg $ Vol | $143.5M |
| 52W High | 224.46 |
| 52W Low | 162.41 |
| 52W Pos | 42.9% |
| From High | −15.79% |
| From Low | +16.38% |
| Max DD 1Y | −22.86% |
| Spread | 0.10% |
| Liquidity | Normal |
| SMA 20 | +2.07% |
| SMA 50 | +3.28% |
| SMA 200 | −2.06% |
| RSI (14) | 59.0 |
| Vol 30D | 33.7% |
| Vol 90D | 32.0% |
| 1Y Range | 162–224 |
| Daily bars | 506 |
| Perf Week | +2.44% |
| Perf Month | +7.35% |
| Perf Quarter | −7.86% |
| Perf Half Y | −2.13% |
| Perf Year | −3.91% |
| Perf YTD | −1.80% |
| Prev Day | −1.31% |
| Clavix | B |
| Debt / Eq | 16.46 |
| Curr Ratio | 0.29 |
| Int Cover | 3.4× |
| FCF Margin | 22.4% |
| Rev Growth | +2.3% |
| Profit | Profitable |
| Leverage | Very High |
| Sector rank | 41 / 48 |
What SBAC does
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure.
It includes towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 46,000 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC.
Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts (REITs) by market capitalization.
SBA Communications Corporation was incorporated in 1989 and is based in Boca Raton, Florida.
Clavix risk grade
regraded every trading daySBAC grades B, 76 of 100. Steadiest on News Sentiment (68), most exposed on Sector Resilience (56, mixed). 1 of the 4 weighted dimensions sit above the Real Estate median. Ranks 41 of 48 in Real Estate by Clavix score.
How rough the ride is
| SBAC | Real Estate median | |
|---|---|---|
| Betavs the overall market · lower is steadier | 0.98 | 0.96 |
| Volatilityannualized | 24.6% | 24.2% |
| Max drawdown, past yearworst peak-to-trough fall | −22.9% | — |
| Typical daily movemedian absolute daily change | 0.98% | — |
| Days beyond ±3%of the last 252 sessions | 2510% | — |
How its days are spread
Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.
52-week range
The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.
Drawdown from the 1-year peak
Percent below the running high over the last 12 months. Zero is a fresh high.
Market sensitivity
| SBAC | Real Estate median | |
|---|---|---|
| Beta to the markethow much it swings with the S&P 500 · lower is safer | 0.98 | 0.96 |
| Macro sensitivityrate, dollar and credit exposure bucket | Moderate | Moderate71% of 52 |
Where it sits on the macro scale
Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Real Estate names sit in each bucket.
Where it ranks in its sector
Rank by Clavix score within the sector. Right is the top of the sector.
Price performance
| SBAC | |
|---|---|
| 1 week | +2.4% |
| 1 month | +7.4% |
| Year to date | −1.8% |
| 1 year | −3.9% |
Context for the rank, not itself a risk measure.
Recent coverage, scored
| SBAC | |
|---|---|
| Articles scoredthe most recent scored coverage, up to 30 | 30since 23 May |
| Average score0 most bearish, 100 most bullish | 58 |
| Bullish · bearisharticles above 60 · below 40 | 13 · 6 |
| Directionarticles whose tone is improving vs worsening | 12 ↑ 6 ↓ |
Where the article scores land
Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.
Balance sheet, against the sector
The shaded band is the middle half of the 52 Real Estate names Clavix covers; the tick is the sector median.
Growth
| SBAC | |
|---|---|
| Revenue growthyear over year | +2.3% |
Financial Health is shown but does not count toward the grade. Why
0–100, higher is safer. The tick on each bar is the Real Estate median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.
Against Real Estate
52 companies| Metric | SBAC | Sector spread | Median |
|---|---|---|---|
| Beta | 0.98 | 0.96 | |
| Volatility | 24.6% | 24.2% | |
| P/E | 20.57 | 27.68 | |
| Debt / equity | 16.46 | 0.92 | |
| Current ratio | 0.29 | 0.57 | |
| FCF margin | 22.4% | 18.8% | |
| Interest coverage | 3.4× | 3.4× |
Recent news
most recent scored articles · the chip is the article’s score · click to openSBA Communications reported 2.3% revenue growth in Q2 2026, with gains from international cell-tower leasing offsetting customer losses in the U.S. tied to Sprint and T-Mobile. An analyst rated the stock 'Buy' with a $230 price target, noting the dividend is well-covered at a 41% payout ratio, alongside ongoing share buybacks and the company's first investment-grade bond sale.
SBAC has trailed the broader stock market over the past year, but analysts on Wall Street are described as somewhat bullish about the company's prospects going forward.
A short opinion piece argues that only three types of REITs, industrial properties, self-storage, and cell towers, are worth holding for decades as long-term compounding investments, and says these sector leaders look unusually cheap today. No specific companies are named and no financial data is provided.
SBA Communications reported Q2 2026 results with higher year-over-year revenue but lower net income and EPS, while declaring a $1.25 quarterly dividend and completing a $400 million share repurchase program. Management also slightly raised its 2026 revenue guidance and cited international site-leasing strength amid carrier churn.
SBA Communications reported quarterly earnings of $1.87 per share, beating the consensus estimate of $1.85 by $0.02, with revenue of $715.27 million versus analyst estimates of $706.01 million.
Nearest peers by size
Real Estate| Ticker | Company | Grade | Mkt cap | P/E | Beta | |
|---|---|---|---|---|---|---|
| ESS | Essex Property Trust Inc | A- | $17.91B | 43.27 | 0.70 | Compare |
| EQR | Equity Residential | A- | $23.87B | 59.08 | 0.73 | Compare |
| NLY | Annaly Capital Management Inc | A | $17.21B | 5.86 | 1.31 | Compare |
| WY | Weyerhaeuser Co | B+ | $16.94B | 35.41 | 0.94 | Compare |
| WPC | W.p. Carey Inc | B+ | $16.88B | 24.70 | 0.79 | Compare |
| INVH | Invitation Homes Inc | A- | $16.80B | 25.54 | 0.81 | Compare |
| JLL | Jones Lang LaSalle Inc | B+ | $16.67B | 16.69 | 1.32 | Compare |
| KIM | Kimco Realty Corp | A- | $16.05B | 26.43 | 0.95 | Compare |
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