NASDAQ · SBACReal EstateREITs

SBA Communications Corp (SBAC)

$195.48+5.84%
Close Nov 4, 2026 · split-adjusted
Nov 3, 2026$184.69▼ 4.56% in range
Nov 3, 2025Low $158.02 · High $223.75Nov 3, 2026
What changed · written from our data
As of Nov 4, 2026

SBA Communications closed at $195.48 on Nov 4, up 5.84%, 12.6% below its 52-week closing high. Volume of 2.2M shares was 1.80× its 20-day average (above normal).

Split-adjusted performance: +15.2% over one month, -10.5% over six months, +1.0% over one year.

In the quarter ended Jun 30, 2026, revenue was $715.27M, up 2.3% from a year earlier, with a net margin of 27.8%.

Short interest was 3.4M shares at the Oct 15 settlement, up 2.6% from the prior report (3.2% of float, 3.3 days to cover).

Market cap$20.74B106.1M shares
Revenue · quarter$715.3M+2.3% YoY
Diluted EPS$1.87−10.5% YoY
P/E · TTM20.9×P/S 7.2×
Net margin27.8%Gross 75.4%
Dividend yield2.56%$1.25 last paid
52-week range158.02 – 223.75−12.6% from high
Volume2.2M1.80× 20-day avg
Volatility · 60d31.9%Annualised
Short % of float3.2%3.3 days to cover
Net cash-$12.47BCash $327.1M
Next earnings—Not scheduled
Split-adjusted performance
1W +5.8%1M +15.2%3M +7.1%6M −10.5%YTD +1.1%1Y +1.0%3Y −4.6%5Y −44.0%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within REITs

Percentile among 179 companies (100 = best)

6-month momentum38
Revenue growth39
Net margin74
Value (low P/E)66
Size92

Industry medians: 6-month return −6.1%, revenue growth +4.1%, net margin 10.7%, P/E 25.2×.

Short interest

Details →
Shares short3.4M+2.6% vs prior
Days to cover3.3Settled Oct 15
% of float3.2%
Short vol. 10d44.6%of daily volume

Closest peers by size in REITs

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
SBACSBA Communications$195.48+5.84%−10.5%+2.3%27.8%20.9$20.74B
HSTHost Hotels & Resorts$26.11+1.28%+20.4%+3.4%14.5%17.4$17.89BCompare
ESSEssex Property Trust$271.52+2.50%+1.6%+4.1%19.9%50.3$17.47BCompare
KIMKimco Realty$25.88+3.56%+8.7%+1.9%49.9%23.9$17.20BCompare
LAMRLamar Advertising Co$158.58+1.14%+12.3%+6.5%26.0%29.0$16.10BCompare
WYWeyerhaeuser$21.75+5.63%−9.5%+8.4%3.3%34.6$15.67BCompare
VICIVICI Properties$25.25+3.40%−11.9%+5.8%32.1%11.8$27.80BCompare
WPCW.P. Carey Inc. (REIT)$65.36+1.13%−11.5%+8.6%30.1%23.1$15.04BCompare
NLYAnnaly Capital Management.$18.93+3.84%−16.0%+22.5%−602.6%15.7$14.91BCompare

Quick answers

What does SBA Communications do?
SBA Communications owns a portfolio of about 45,000 wireless towers throughout North America, Latin America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks.
What is SBAC's market cap?
$20.74B, based on the Nov 4 close of $195.48.
What is SBAC's P/E ratio?
20.9× trailing-twelve-month earnings of $990.71M.
Does SBA Communications pay a dividend?
Yes. The latest regular dividend was $1.25 per share (ex-date Aug 20), an annualised yield of 2.56%.
How much of SBAC is sold short?
3.4M shares, 3.2% of float, as of Oct 15, 2026.
What sector is SBAC in?
Real Estate, in the REITs industry.

About SBA Communications

SBA Communications owns a portfolio of about 45,000 wireless towers throughout North America, Latin America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.

HQ: Boca Raton, FL1,844 employeesListed Jun 16, 1999sbasite.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology