SBA Communications

SBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment includes consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

SBA Communications excels in Q4 earnings amidst market challenges

SBA Communications delivered robust financial results in Q4, showcasing strong revenue growth and operational efficiency.
While facing challenges such as market uncertainties and potential margin pressures, the company's historical performance and strategic initiatives position it well for future growth.
By focusing on 5G deployment, strategic acquisitions, and prudent cost management, SBA Communications aims to navigate challenges and capitalize on emerging opportunities.
Investors can find confidence in SBA's solid performance, historical growth trajectory, and strategic outlook despite market complexities and potential headwinds.

SBA Communications reports resilient Q1 performance amidst growth challenges

SBA Communications delivered a strong Q1 performance with solid revenue figures and strategic investments in site development, reflecting operational efficiency and growth resilience.
Despite challenges like increased interest rates impacting AFFO and anticipated churn, the company's financial position remains robust with healthy leverage ratios and dividend growth.
Opportunities in dual-band radio deployment, C-band spectrum utilization, and market expansions present avenues for revenue enhancement and strategic portfolio optimization.
Navigating challenges in churn management, M&A market dynamics, and operational considerations will be crucial for SBA Communications to sustain growth momentum and capitalize on emerging opportunities.

SBA Communications exceeds Q2 expectations, eyes international growth opportunities

SBA Communications had a solid Q2 performance, exceeding expectations and increasing outlook for key metrics.
While facing challenges like anticipated business slowdowns, the company is focused on leveraging opportunities for growth.
Ongoing investments in portfolio additions and international leasing activities position SBA well for future success.
Maintaining a strong balance sheet and exploring refinancing options are key strategies for sustaining growth.

SBA Communications excels in Q3, eyes growth amid industry challenges

SBA Communications delivered a strong Q3 performance, surpassing expectations and demonstrating financial resilience with solid revenue and cash flow figures.
While facing challenges such as uncertain long-term growth targets and margin sustainability, the company remains well-positioned to capitalize on growth opportunities in the telecommunications sector.
With a focus on operational efficiency, strategic investments, and leadership continuity, SBA Communications maintains a strong financial position and growth outlook for 2023.
Navigating through industry challenges, the company's prudent financial management and growth strategies position it favorably for future expansion and sustained profitability.

SBA Communications surpasses Q4 expectations, eyes growth amid challenges

SBA Communications demonstrated strong financial performance, strategic focus, and operational stability in Q4 2023, exceeding expectations and showcasing growth potential.
While facing challenges in international markets and market consolidations, the company is well-positioned to capitalize on opportunities for growth through customer relationships and market demand.
With a proactive management approach, historical market confidence, and a focus on refining strategies, SBA is poised for continued success and value creation in the telecommunications sector.

SBA Communications reports steady Q2 performance amid growth opportunities

SBA Communications reported steady performance with notable growth in services revenue.
The company faces challenges in U.S. lease growth and lowered construction work outlook.
Opportunities lie in 5G-driven network spending, international leasing growth, and churn reduction strategies.
Analysts delved into financing trends, M&A prospects, and the company's risk tolerance and growth plans.

SBA Communications reports robust Q3 performance and strategic growth moves

SBA Communications delivered a strong performance in Q3 2024, driving an improved full-year outlook across financial metrics.
The company's strategic initiatives, including acquisitions and capital optimization, bolster its position for growth and market expansion.
While challenges like operational transitions and market risks exist, SBA's focus on growth drivers and financial management strengths underpin its positive trajectory.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment is involved in consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.

SBA Communications' (SBAC) Q1 earnings are likely to have benefited from the robust demand for its wireless communication assets by carriers, though high interest expenses may have hurt it.

What's in Store for SBA Communications (SBAC) in Q1 Earnings?

American Tower

Crown Castle International

Communication has come a long way since the dawn of time, from limited means of visuals and sounds to the development of written language. Slow communication in the past led to battles being fought even after wars had been settled, such as the Battle of New Orleans in 1815. American Tower, Crown Castle, and SBA Communications are three leading cell tower REITs that offer stable cash flows and outsized total return prospects.

It's Tower Time

SBA Communications is a REIT focused on owning and operating cell towers, offering income stability and strong dividend growth over the past 5 years. The company's financial performance during fiscal year '23 showed a beat on FFO but a decline in revenue in Q4. Despite the challenges faced by REITs, SBAC managed to post growth in revenue and double-digit growth in FFO and net income.

SBA Communications Q4: A Dividend Growth Machine For Your Income Portfolio

Camden Property

Rexford Industrial Realty

I want to emphasize the need to think bigger and smarter. We highlight here the importance of networking and learning from successful individuals. Here are three real estate investment trusts - Camden Property Trust, Rexford Industrial Realty, and SBA Communications - that are good investment opportunities.

3 Strong Buys For The Millionaire Next Door

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its first quarter results on Monday, April 29, 2024 after market close. SBA will host a conference call on Monday, April 29, 2024 to discuss these results. The call may be accessed as follows: When: Monday, April 29, 2024 at 5:00 PM (EDT)     Dial-in Number: 877-692-8955     Access Code: 3308847     Conference Name: SBA First Quarter 2024 Results     Replay Available:.

SBA Communications Corporation Sets Date for First Quarter 2024 Earnings Release

SBA Communications (SBAC) reported earnings 30 days ago. What's next for the stock?

Why Is SBA Communications (SBAC) Up 7.1% Since Last Earnings Report?

Equity Residential

Public Storage

Hedge funds are piling into real estate stocks. Case in point: Bally's (NYSE: BALY ), the company behind Chicago's upcoming casino, saw its stock price surge over 28% this month after a buyout offer from its largest shareholder, hedge fund Standard General.

3 Real Estate Stocks to Buy as Hedge Funds Pile in

Cell tower real estate investment trusts, or REITs, play a crucial role in providing the infrastructure for wireless communication.

Who's Investing In Mission-Critical Cell Tower REITs?

SBA Communications' (SBAC) Q4 results reflect year-over-year site-leasing revenue growth on healthy leasing activity. The company has also raised its dividend.

SBA Communications' (SBAC) Q4 AFFO Beat, Dividend Hiked

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer, is scheduled to speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom Conference, Tuesday, March 12, 2024 at 1:50 pm ET. The conference will be at The Breakers Hotel in Palm Beach, Florida. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA Communications Cor.

SBA Communications Corporation to Speak at the 32nd Annual Deutsche Bank Media, Internet and Telecom Conference

SBA Communications Corporation (NASDAQ:SBAC) Q4 2023 Earnings Call Transcript February 26, 2024 5:00 PM ET

SBA Communications Corporation (SBAC) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for SBA Communications (SBAC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

SBA Communications (SBAC) Reports Q4 Earnings: What Key Metrics Have to Say

SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.37 per share, beating the Zacks Consensus Estimate of $3.32 per share. This compares to FFO of $3.11 per share a year ago.

SBA Communications (SBAC) Beats Q4 FFO Estimates

Wireless tower operator SBA Communications on Monday forecast full-year 2024 revenue below Wall Street estimates, on the likelihood of sluggish wireless carrier activity after an initial surge in 5G deployments.

SBA Communications forecasts weak annual revenue on sluggish demand

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended December 31, 2023. Highlights of the fourth quarter include: Net income of $109.5 million or $1.01 per share AFFO per share of $3.37, representing an 8.0% growth over the prior year period Issued a new senior secured Term Loan B and increased and extended the maturity of the senior secured revolving credit facility subsequent to quarter end In ad.

SBA Communications Corporation Reports Fourth Quarter 2023 Results; Provides Full Year 2024 Outlook; and Declares Quarterly Cash Dividend

SBA Communications' (SBAC) Q4 earnings are likely to have benefited from the robust demand for its wireless communication assets by carriers, though high interest expenses and elevated churn might have hurt it.

What's in Store for SBA Communications (SBAC) in Q4 Earnings?

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer is scheduled to speak at Citi's 2024 Global Property CEO Conference on Tuesday, March 5, 2024 at 8:10am ET. The conference will be at The Diplomat Resort & Spa in Hollywood, Florida. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA Communications Corporation is a lea.

SBA Communications Corporation to Speak at 2024 Citi Global Property CEO Conference

SBA Communications (SBAC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy SBA Communications (SBAC) Ahead of Earnings?

Besides Wall Street's top -and-bottom-line estimates for SBA Communications (SBAC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Unlocking Q4 Potential of SBA Communications (SBAC): Exploring Wall Street Estimates for Key Metrics

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer, is scheduled to speak at the Raymond James & Associates 45th Annual Institutional Investors Conference on Monday, March 4, 2024 at 11:00am ET. The conference will be at the JW Marriott Grand Lakes in Orlando, Florida. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA.

SBA Communications Corporation to Speak at the Raymond James & Associates 45th Annual Institutional Investors Conference

Tower REITs have offered a strong growth story and diversification from traditional REITs. SBAC's recent earnings showed solid results, with a beat on funds from operations and revenues. We tell you why we still see downside risks and how we would handle the earlier trade, which significantly outperformed a direct long.

SBA Communications: Lows Likely To Be Taken Out, How To Play Our Trade

AGNC Investment

Alexandria Real Estate Equities

Blackstone Mortgage Trust

Chimera Investment

Capital Southwest

Dynex Capital

Ellington Financial

Franklin BSP Realty Trust Inc

Main Street Capital

Medical Properties Trust

Annaly Capital

Realty Income Corp

PennyMac Mortgage Investment

Ready Capital Corp

Rithm Capital Corp

AT&T

Vanguard Real Estate ETF

Verizon

Rates were down by less than a bunny's tail. REITs were hopping anyway. Higher rates are bad and all that jazz.

REITs Rip Higher As Rates Do Nothing

Healthpeak Properties

EPR Properties

W. P. Carey

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Top 4 Real Estate Stocks You'll Regret Missing This Quarter - EPR Props (NYSE:EPR), Healthpeak Properties (NYSE:PEAK)

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its fourth quarter results on Monday, February 26, 2024 after market close. SBA will host a conference call on Monday, February 26, 2024 to discuss these results. The call may be accessed as follows: When: Monday, February 26, 2024 at 5:00 PM (EST)     Dial-in Number: 877-692-8955   Access Code: 1933372     Conference Name: SBA Fourth Quarter 2023 Results     Replay A.

SBA Communications Corporation Sets Date for Fourth Quarter 2023 Earnings Release

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that long-term industry veteran, Jason Silberstein, Executive Vice President, Site Leasing will retire from his current title and role effective August 1, 2024. Succeeding Mr. Silberstein will be Donald Day. Mr. Day has been with SBA for 13 years, most recently serving as Senior Vice President, Services. We are also pleased to announce that Nichole Thomas, currently the Comp.

News for SBA Communications Stock (SBAC)