0.20%
-2.09%
-13.04%
-9.11%
-10.86%
-38.68%
-20.04%
AI Spotlight on SBAC
Company Description
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa.By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services.The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts.
For more information please visit: www.sbasite.com.
Market Data
| Last Price | 199.54 |
| Change Percentage | 0.20% |
| Open | 198.12 |
| Previous Close | 199.14 |
| Market Cap ( Millions) | 21456 |
| Volume | 146659 |
| Year High | 252.64 |
| Year Low | 183.64 |
| M A 50 | 209.56 |
| M A 200 | 213.71 |
Financial Ratios
| FCF Yield | 5.24% |
| Dividend Yield | 1.96% |
| ROE | -13.13% |
| Debt / Equity | -280.61% |
| Net Debt / EBIDTA | 794.75% |
| Price To Book | -4.15 |
| Price Earnings Ratio | 31.3 |
| Price To FCF | 19.1 |
| Price To sales | 8.07 |
| EV / EBITDA | 19.85 |
News
- Jan -21 - SBA Communications Corporation Announces Tax Reporting Information for 2024 Distributions
- Jan -13 - SBA Communications: Mission-Critical Assets At A Hefty Discount
- Dec -28 - 2 REITs Investors Should Own In 2025
- Dec -18 - Retire Rich: 2 Undervalued REITs To Secure Your Income Stream
- Dec -10 - Is it Wise to Retain SBA Communications Stock in Your Portfolio Now?
- Nov -25 - SBA Communications Corporation to Speak at the UBS Global Media and Communications Conference
- Nov -25 - Nvidia's Profit Ruled Last Quarter — Now It's These 8 Stocks' Turn
- Nov -19 - SBA Communications Corporation to Speak at the BofA Securities 2024 Leveraged Finance Conference
- Oct -29 - SBA Communications: Still An Appealing Play Despite Mixed Quarterly Results
- Oct -29 - SBA Communications' Q3 AFFO Meets Estimates, Revenues Fall Y/Y
- Oct -29 - SBA Communications Corporation (SBAC) Q3 2024 Earnings Call Transcript
- Oct -28 - Compared to Estimates, SBA Communications (SBAC) Q3 Earnings: A Look at Key Metrics
- Oct -28 - SBA Communications (SBAC) Matches Q3 FFO Estimates
- Oct -28 - SBA Communications raises annual adjusted FFO forecast on steady demand
- Oct -28 - SBA Communications Corporation Reports Third Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend
- Oct -24 - What's in the Cards for SBA Communications Stock This Earnings Season?
- Oct -23 - Unveiling SBA Communications (SBAC) Q3 Outlook: Wall Street Estimates for Key Metrics
- Oct -23 - These Magnificent Dividend Stocks Have Made Investors a Lot Richer Over the Past 20 Years
- Oct -22 - SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)
- Oct -18 - 3 REITs Likely to Turn Out Winners This Earnings Season
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Site Leasing
Expected Growth : 2.5 %
What the company do ?
Site Leasing from SBA Communications Corporation refers to the leasing of cell towers and other wireless infrastructure to telecommunications companies, providing a steady revenue stream.
Why we expect these perspectives ?
SBA Communications' Site Leasing growth is driven by increasing demand for wireless infrastructure, 5G network deployments, and rising mobile data usage. Additionally, the company's strategic acquisitions, long-term contracts, and high renewal rates contribute to its growth. Furthermore, the growing need for network densification and the expansion of existing networks also support the segment's growth.
Segment n°2 -> Site Development
Expected Growth : 3.5 %
What the company do ?
Site Development from SBA Communications Corporation involves acquiring, designing, and building cell towers and other wireless infrastructure to support telecommunications networks.
Why we expect these perspectives ?
SBA Communications Corporation's Site Development segment growth of 3.5% is driven by increasing demand for 5G network infrastructure, rising tower leasing activity, and strategic acquisitions. Additionally, growing need for wireless connectivity, expansion of existing networks, and government initiatives to improve rural broadband coverage contribute to the segment's growth.
Sba Communications Corporation Products
| Product Range | What is it ? |
|---|---|
| Site Leasing | SBA Communications Corporation offers site leasing services, providing access to its portfolio of wireless communication sites to wireless service providers, governments, and other organizations. |
| Tower Management | The company provides tower management services, including site acquisition, zoning, and permitting, as well as maintenance and repair of towers. |
| Build-to-Suit | SBA Communications offers build-to-suit services, designing and building customized wireless communication sites for its customers. |
| Small Cells | The company provides small cell solutions, including design, deployment, and maintenance of small cell networks. |
| DAS (Distributed Antenna Systems) | SBA Communications offers DAS solutions, designing and deploying in-building wireless systems for large venues and public spaces. |
SBA Communications Corporation's Porter Forces
Threat Of Substitutes
SBA Communications Corporation operates in a niche industry with high barriers to entry, making it difficult for substitutes to emerge. However, the increasing adoption of 5G technology and the growing demand for wireless communication services may lead to the development of new substitutes in the future.
Bargaining Power Of Customers
SBA Communications Corporation's customers are primarily wireless service providers, who have limited bargaining power due to the company's strong market position and the high costs associated with switching to alternative tower companies.
Bargaining Power Of Suppliers
SBA Communications Corporation has a diversified supplier base, which reduces the bargaining power of individual suppliers. Additionally, the company's scale and market position give it significant negotiating power when dealing with suppliers.
Threat Of New Entrants
The wireless communication tower industry has high barriers to entry, including significant capital requirements and regulatory hurdles. These barriers make it difficult for new entrants to enter the market and compete with established players like SBA Communications Corporation.
Intensity Of Rivalry
The wireless communication tower industry is highly competitive, with several major players competing for market share. However, SBA Communications Corporation's strong market position, diversified customer base, and extensive tower portfolio help to mitigate the intensity of rivalry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 169.62% |
| Debt Cost | 3.95% |
| Equity Weight | -69.62% |
| Equity Cost | 6.88% |
| WACC | 1.90% |
| Leverage | -243.63% |
SBA Communications Corporation : Quality Control
SBA Communications Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| OUT | Outfront Media Inc. leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of … |
| WY | Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage … |
| PCH | PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, … |
| RYN | Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As … |
| HASI | Hannon Armstrong Sustainable Infrastructure Capital, Inc. provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include building … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Hannon Armstrong
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Outfront Media
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Weyerhaeuser
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PotlatchDeltic
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Rayonier
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