SBA Communications Corporation

SBAC · Real Estate

About SBA Communications Corporation

SBA Communications Corporation (SBAC) has been publicly traded since 1999, making it a 27-year-old public company. It operates in the REIT - Specialty industry within the Real Estate sector. The company is headquartered in Boca Raton, United States and employs approximately 1,844 people. With a market capitalization of $20 billion, SBAC is a large established company.

Key Statistics

Current Price
$188.04
Market Cap
$19.87B
52-Week High
$245.16
52-Week Low
$177.49
Sector
Real Estate
Industry
REIT - Specialty

$1,000 Invested

1 Year
$890
+-11%
3 Years
$811
+-19%
5 Years
$812
+-19%
10 Years
$2,111
+111%
Since IPO
$22,939
+2194%

Monthly Returns Heatmap

Annual Returns

Avg Return
+51.17%
Best Year
2003 (+817.07%)
Worst Year
2002 (-96.85%)
Positive Years
16/27
Year Return Start End
2026 -2.79% $193.43 $188.04
2025 -3.13% $199.68 $193.43
2024 -18.18% $244.03 $199.68
2023 -8.15% $265.69 $244.03
2022 -27.30% $365.46 $265.69
2021 +38.95% $263.01 $365.46
2020 +17.81% $223.25 $263.01
2019 +49.30% $149.53 $223.25
2018 -0.90% $150.89 $149.53
2017 +58.20% $95.38 $150.89
2016 -1.72% $97.05 $95.38
2015 -5.14% $102.31 $97.05
2014 +23.29% $82.98 $102.31
2013 +26.57% $65.56 $82.98
2012 +65.22% $39.68 $65.56
2011 +4.93% $37.81 $39.68
2010 +19.85% $31.55 $37.81
2009 +109.31% $15.07 $31.55
2008 -51.77% $31.26 $15.07
2007 +23.05% $25.40 $31.26
2006 +53.63% $16.53 $25.40
2005 +92.89% $8.57 $16.53
2004 +146.81% $3.47 $8.57
2003 +817.07% $0.38 $3.47
2002 -96.85% $12.03 $0.38
2001 -68.29% $37.93 $12.03
2000 +119.00% $17.32 $37.93

Valuation

SBAC currently trades at a trailing P/E ratio of 19.2, which is considered moderate relative to the broader market. The forward P/E of 23.9 suggests analysts expect earnings to be higher in the coming year. The price-to-book ratio stands at -4.1. The price-to-sales ratio is 7.1.

Dividends

SBA Communications Corporation pays a dividend to shareholders with a current yield of 2.66%. This translates to $5.00 per share annually. The payout ratio of 45% indicates sustainable dividend coverage.

Risk & Volatility

SBAC has a beta of 0.83, indicating it is similarly volatile to the overall market. The stock's 52-week range is $177.49 to $245.16, and it currently trades near its 52-week low.

Analyst Ratings

Based on 19 analyst opinions, SBAC has a consensus "buy" rating. The average price target of $224.37 suggests 19.3% upside from current levels.

Frequently Asked Questions

What does SBA Communications Corporation do?

SBA Communications Corporation is a REIT - Specialty company operating in the Real Estate sector. The company is headquartered in Boca Raton, United States.

What sector is SBAC in?

SBAC operates in the Real Estate sector, specifically in the REIT - Specialty industry.

When did SBAC go public?

SBA Communications Corporation went public in 1999, making it a 27-year-old public company as of 2026.

How much would $1,000 invested in SBAC 5 years ago be worth today?

A $1,000 investment in SBAC five years ago would be worth approximately $812 today, representing a -18.9% return.

Does SBAC pay dividends?

Yes, SBA Communications Corporation pays a dividend with a current yield of 2.66%, which is $5.0 per share annually.

What is SBAC's market cap?

SBA Communications Corporation has a market capitalization of $20 billion, classifying it as a large-cap company.

What is SBAC's P/E ratio?

SBAC has a trailing P/E ratio of 19.2 and a forward P/E of 23.9, which measures how much investors are paying per dollar of earnings.

Is SBAC a buy, hold, or sell?

Based on 19 opinions, SBAC has a consensus "buy" rating. The average price target is $224.37.

Last updated: 3/14/2026