SBA Communications Corporation

SBAC

US78410G1040

Specialized REITs

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
199 ^USD	+0.35%		+1.42%	-21.56%

Apr. 17	Crown Castle beats site rental revenue estimates on steady demand	RE
Apr. 17	Barclays Adjusts SBA Communications Price Target to $255 From $260	MT

SBA Communications Corporation agreed to acquire 2600 communication sites of Grupo TorreSur for USD 725 million.

August 31, 2022

SBA Communications Corporation (NasdaqGS:SBAC) agreed to acquire 2600 communication sites of Grupo TorreSur for $725 million on June 27, 2022. The transaction is expected to close during the fourth quarter of 2022. JPMorgan Chase & Co.

acted as Exclusive financial advisor to Grupo TorreSur and Providence Equity Partners. Barbra J. Broudy, Devon Bodoh, Jennifer Haydel Britz, Ramona Y. Nee, Vadim M. Brusser, Yehudah L. Buchweitz of Weil, Gotshal & Manges LLP acted as legal advisor to Grupo TorreSur,

Latest news about SBA Communications Corporation

Crown Castle beats site rental revenue estimates on steady demand	Apr. 17	RE
Barclays Adjusts SBA Communications Price Target to $255 From $260	Apr. 17	MT
Deutsche Bank Adjusts SBA Communications Price Target to $245 From $255, Buy Rating Kept	Apr. 16	MT
Transcript : SBA Communications Corporation Presents at Deutsche Bank's 32 Annual Media, Internet & Telecom Conference, Mar-12-2024 01:50 PM	Mar. 12
North American Morning Briefing : Stock Futures -2-	Mar. 08	DJ
BofA Upgrades SBA Communications to Buy From Neutral, Price Target is $260	Mar. 07	MT
Barclays Cuts Price Target on SBA Communications to $260 From $265, Keeps Overweight Rating	Mar. 05	MT
Transcript : SBA Communications Corporation Presents at Citi's 2024 Global Property CEO Conference, Mar-05-2024 08:10 AM	Mar. 05
Transcript : SBA Communications Corporation Presents at 45th Annual Raymond James Institutional Investors Conference 2024, Mar-04-2024 11:00 AM	Mar. 04
Deutsche Bank Adjusts SBA Communications Price Target to $255 From $270, Maintains Buy Rating	Feb. 28	MT
BMO Capital Cuts Price Target on SBA Communications to $265 From $285, Maintains Outperform Rating	Feb. 27	MT
SBA Communications forecasts weak annual revenue on sluggish demand	Feb. 26	RE
Transcript : SBA Communications Corporation, Q4 2023 Earnings Call, Feb 26, 2024	Feb. 26
SBA Communications Q4 Adjusted FFO Rises, Revenue Falls; Sets 2024 Guidance -- Increases Quarterly Dividend	Feb. 26	MT
Tranche Update on SBA Communications Corporation's Equity Buyback Plan announced on November 1, 2021.	Feb. 26	CI
SBA Communications Corporation Provides Earnings Guidance for the Year 2024	Feb. 26	CI
SBA Communications Corporation Declares Quarterly Cash Dividend on Class A Common Stock for the Fourth Quarter Ended December 31, 2023, Payable on March 28, 2024	Feb. 26	CI
SBA Communications Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 26	CI
North American Morning Briefing : Traders Await -2-	Feb. 26	DJ
MORNING BID AMERICAS-Booming stocks step back as PCE hoves into view	Feb. 26	RE
Crown Castle Rejects Director Candidates Nominated by Boots Capital	Feb. 20	MT
Crown Castle co-founder says company could fetch up to $15 billion for fiber assets	Feb. 20	RE
The latest transactions by star fund managers	Feb. 15
SBA Communications, Others Show Interest in Cellnex's Irish Unit	Feb. 13	MT
Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish Unit	Feb. 13	CI

Chart SBA Communications Corporation

Duration

Period

More charts

Company Profile

SBA Communications Corporation owns, develops, and operates wireless communication structures. Sales break down by activity as follows: - leasing of spaces for antennas on communication towers (93.8%): at the end of 2020, owned 32,923 wireless towers. The group is also involved in leasing and managing towers for third parties. The United States accounts for 79.7% of net sales; - network development services (6.2%): supply of acquisition, zoning, and site authorization services, consulting services, and structure analysis for wireless communication providers related to installing communication equipment on towers, maintenance, etc.

Sector

Specialized REITs

Calendar

2024-04-28 - Q1 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for SBA Communications Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

199 USD

Average target price

258.6 USD

Spread / Average Target

+29.95%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Specialized REITs

	1st Jan change	Capi.
SBA COMMUNICATIONS CORPORATION	-21.56%	21.42B
AMERICAN TOWER CORPORATION	-19.70%	81.34B
EQUINIX, INC.	-6.03%	72.31B
DIGITAL REALTY TRUST, INC.	+4.48%	43.26B
CROWN CASTLE INC.	-17.15%	41.48B
IRON MOUNTAIN INCORPORATED	+11.73%	22.45B
OUTFRONT MEDIA INC.	+10.67%	2.56B
KEPPEL DC REIT	-12.31%	2.14B
UNITI GROUP INC.	-1.21%	1.38B
ARENA REIT	-2.70%	835M

Other Specialized REITs