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SBAC · Sba Communications Corp

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$181.70 -4.60 (-2.47%)
Market Cap
$19.76B
Shares
106.06M

Price & Indicators

Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$186.29 Open$175.05 Day$174.80–186.42 52W$162.41–230.62 Avg vol 30d984K Short int3.0M · 2.8% float · 2.8d Short vol57% Last earningsApr 29, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 5

Up next

Next earnings call
Aug 2, 2026 Est · unconfirmed · this week
FQ3-26 quarter ends
~Sep 30, 2026 Est
Latest filing: 10-Q
filed May 5, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Neutral
      SellHoldBuy
      Technical Buy Momentum Weak Sentiment Neutral Fundamentals Excellent Quant / Vol Moderate
      Market backdrop VIX 20.7 · elevated Equity put/call 0.61
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg −4%
      below
      Price vs 50-day avg −3%
      below
      RSI (14) 53
      neutral
      MACD trend Positive
      52-week position 35%
      mid-range
      Momentum
      relative strength
      Weak
      1-month return +6%
      trailing
      6-month return +1%
      trailing
      YTD return −3%
      this year
      Relative strength −5%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $191 › 200d $194 — 200d above 50d
      Institutional flow Accumulating
      203 of 669 funds reported for Jun 30 · net +49.7K sh shares · +22 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      2.79% of float · ▲ +12.0% MoM · 2.8 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      669 holders — mid 3-yr range
      Squeeze score 56
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +5%
      Y/Y
      Gross margin 75%
      contracting
      EPS growth +41%
      Y/Y
      Free cash flow $1.1B
      Valuation P/E 19.6
      below peers
      Buyback $1.1B
      remaining
      Balance sheet $12.6B
      net debt
      Quant / Vol
      risk profile
      Moderate
      Volatility 34%
      annualized · 1-yr
      Max drawdown −27%
      past year
      ATR 3.3%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 4 of last 4
      Latest guidance · from the Earnings Call filed Dec 31, 2025
      Sprint churn · 2026 Maintained $55M – $56M
      Services revenues · 2026 Initiated $190M – $210M
      Guided vs delivered · last 4 settled
      Site leasing revenue Full Year 2024
      guided $2.52B – $2.54B
      $2.68B Beat +6.0%
      Total revenues Full Year 2022
      guided $2.43B – $2.47B
      $2.63B Beat +7.6%
      Site leasing revenue Full Year 2021
      guided $2.1B – $2.11B
      $2.31B Beat +9.9%
      Site leasing revenue Full Year 2020
      guided $1.94B – $1.96B
      $2.08B Beat +7.0%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      0 · 5 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −4% Neutral
      Price vs 50-day avg
      −3% Neutral
      RSI (14)
      53 Neutral
      MACD trend
      Positive Bullish
      52-week position
      35% Neutral
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $191 › 200d $194 — 200d above 50d
      Institutional flow Accumulating
      203 of 669 funds reported for Jun 30 · net +49.7K sh shares · +22 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      2.79% of float · ▲ +12.0% MoM · 2.8 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      669 holders — mid 3-yr range
      Price context
      position in its 52-week range
      52-wk low $162 Now $186 · 35% 52-wk high $231
      vs 200-day avg -4% vs 50-day avg -3%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Adjusted EBITDA non-GAAP $489.3M Q4 2025 —
      AFFO non-GAAP $375.1M Q4 2025 —
      Discretionary cash capital expenditures $441.4M Q4 2025 —
      Net Secured Debt to Annualized Adjusted EBITDA Leverage Ratio non-GAAP 4.9 Q4 2025 —
      Non-discretionary cash capital expenditures $15.7M Q4 2025 —
      Quarterly cash dividend declared $1.25 Q4 2025 —
      Shares repurchased during the quarter 1.1M Q4 2025 —
      Total cash capital expenditures $457.1M Q4 2025 —
      Tower cash flow non-GAAP $527.8M Q4 2025 —
      GAAP → non-GAAP reconciliation
      GAAP Cash site leasing revenue 663,359K
      -130,671K Site leasing cost of revenues (excluding depreciation, accretion, and amortization)
      +476K Non-cash straight-line ground lease expense
      = Tower Cash Flow 532,212K

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      REIT - Specialty — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      SBAC
      Sba Communications Corp
      this stock
      		$19.76B -3.0% +3.0% 19.6 2.8%
      EQIX
      Equinix Inc
      		 $99.42B +32.3% +7.8% 69.7 1.9%
      AMT
      American Tower Corp /Ma/
      		 $83.52B +2.1% +5.1% 28.9 1.6%
      DLR
      Digital Realty Trust, Inc.
      		 $66.13B +22.5% +10.0% 49.9 2.4%
      IRM
      Iron Mountain Inc
      		 $35.93B +46.8% +8.3% 131.3 2.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      668
      % held
      88.1%
      Reported
      203 of 669
      Top holder
      Dodge & Cox
      Held Float
      View
      Held by Funds
      Fund positions
      657
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      3.0M
      Days to cover
      2.8d
      Change
      +317.6K sh
      View
      Short Volume
      Short vol %
      57%
      As of
      Jul 29, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      13
      Value
      $2.4K
      As of
      Jul 10, 2026
      View
      Off-Exchange
      Off-exchange %
      49.8%
      Week of
      Jul 6, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Gilbert Cisneros
      Amount
      $1.0K–$15.0K
      Traded
      Jan 9, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $2.8B
      Net income (FY)
      $1.1B
      EPS diluted
      $9.80
      View
      Buybacks
      Authorized
      $1.5B
      Remaining
      $1.1B
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 24, 2026
      This year
      12
      View
      Proposed Sales
      Value
      $1.2M
      Shares
      5.0K
      Filed
      May 1, 2025
      View
      Earnings & Events
      Earnings Calls
      Last call
      Apr 29, 2026
      View
      Investor Relations
      Latest news
      SBA Communications Corporation Se…
      Published
      Jul 16, 2026
      Upcoming events
      1
      View

      Performance

      5D 20D 120D MTD YTD
      SBAC +4.7% +5.6% +1.5% +5.6% -3.0%
      SPY -2.4% -2.3% +6.3% -2.3% +7.0%
      vs SPY +7.1% +7.9% -4.9% +7.9% -10.0%

      Capital returns

      Latest dividend
      $1.25 / share · ex May 22, 2026
      Raised 12.6%
      Paid (TTM)
      $4.72 / share · 4 payouts
      Dividend yield (TTM, derived)
      2.53%
      Buyback program · as of May 5, 2026
      Authorized
      $1.50B
      Spent (derived)
      $400.00M
      Remaining
      $1.10B
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1034054 CUSIP 78410G104 13F (30d) 207 filings 180 filers Visit website Investor relations

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