SBA Communications Corporation (SBAC) fair value analysis
S&P 500 & Nasdaq · Updated 2026-10-19
SBAC price how computed
Valuation status
No P/E-based verdictSBAC: P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
The price, fundamentals and dividend data below are unaffected.
- Last price
- $182.49
- Sector
- Real Estate
- 12-month range
- $158.02–$223.75
- Market cap
- $19.4B
- From 52-week high
- -18.4%
- Shares outstanding
- 106M
- Rank in Real Estate by quality score
- #9 of 45
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
SBA Communications Corporation is a real estate company that owns and operates a large portfolio of wireless communications towers and related infrastructure assets. The company provides site leasing services to wireless service providers and other tenants across the United States, Puerto Rico, and the Virgin Islands.
SBAC currently ranks #9 of 45 Real Estate stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $19.4B
- P/E (trailing)
- 18x
- Revenue (TTM)
- $2.87B
- Net margin
- 34.5%
- EPS (TTM)
- $10.16
- Gross margin
- 75.4%
- Debt / equity
- 0.00
- Revenue growth (3-yr avg)
- 1.6%
- Shares outstanding
- 106M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Contracting
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 58 · neutral
- 50-day average
- $179.42
- 200-day average
- $190.53
- Moving-average state
- 50-day below 200-day (death cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $4.86 per share (4 payments)
- Yield on last price
- 2.66%
- Consecutive years of increases
- 6
- Last ex-dividend date
- 2026-08-20
- Last payment date
- 2026-09-17
Earnings how computed
- Next earnings report
- 2026-11-02 (post-market)
- Last 8 quarters vs consensus
- 4 beat, 3 missed
- Quarter by quarter
- 2026-06 ▲ beat (+9.8%)
2026-03 ▬ met (0.0%)
2025-12 ▲ beat (+3.6%)
2025-09 ▲ beat (+1.9%)
2025-06 ▼ miss (-7.5%)
2025-03 ▼ miss (-23.7%)
2024-12 ▲ beat (+1.9%)
2024-09 ▼ miss (-4.3%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 11 buy · 10 hold · 0 sell (21 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $226
- Target vs last price
- +23.8%
What our data shows for SBAC
- Shares are trading in the middle of their 12-month price range of $158.02–$223.75.
- The 14-day relative strength index sits at a neutral 58.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- SBAC's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent SBAC news
TickrTrends' derived news-sentiment signal for SBAC is currently leaning positive, computed from recent coverage.
- SPCX Stock at $162.57: SpaceX's Reported $8 Billion Deal (financefeeds.com, 2026-10-12)
- What is SBA Communications’ (SBAC) Economic Moat, and is it Widening or Narrowing? (insidermonkey.com, 2026-10-12)
- SBA Communications Corporation (SBAC) Presents at RBC Capital Markets 2026 Global Communications and Infrastructure Conference Transcript (seekingalpha.com, 2026-09-29)
TickrTrends take: SBAC's presentation at the RBC Capital Markets conference provides investors an opportunity to assess whether the company's strategic positioning justifies its current undervaluation according to TickrTrends metrics. Real estate investors tracking tower companies should note that management commentary at such conferences often reveals capital allocation priorities, asset utilization trends, and growth catalysts that may either support or challenge the undervalued designation. The transcript details could help clarify whether market pricing reflects genuine pessimism about tower REITs or represents a mispricing opportunity in the infrastructure segment.
What people are saying
Follow the SBAC conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' derived indicators for SBAC show that the Relative Strength Index moved from oversold territory into neutral zone this week. As a real estate investment trust, SBAC does not receive a P/E-based valuation verdict from the analysis.
- 2026-10-06 — TickrTrends' derived indicators for SBAC showed a change in valuation assessment this week. The stock moved from an Undervalued verdict to a no P/E-based verdict classification, reflecting the methodology's treatment of real estate investment trusts which do not use traditional price-to-earnings analysis.
- 2026-09-28 — SBAC's technical position has shifted to a downtrend in its 50/200-day moving average trend state, moving from a mixed condition last week. The relative strength index has moved into oversold territory from a neutral zone. The current valuation verdict for SBAC in the Real Estate sector remains undervalued according to TickrTrends' derived indicators.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is SBAC stock undervalued?
TickrTrends publishes no fair-value verdict for SBAC. P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
What is SBAC's TickrTrends verdict?
SBAC is a REIT, so it is marked 'No P/E-based verdict'. Its price, fundamentals and dividend data are still shown and refreshed with every run.
How does SBAC compare to other Real Estate stocks?
SBAC ranks #9 of 45 Real Estate stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is SBAC overbought or oversold?
SBAC's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does SBAC pay a dividend?
Yes. SBAC paid $4.86 per share over the last twelve months (4 payments), a 2.66% yield on TickrTrends' last price, and has raised the annual total for 6 consecutive years. The last ex-dividend date was 2026-08-20.
When does SBAC report earnings next?
SBAC's next earnings report is scheduled for 2026-11-02 (post-market), per the published earnings calendar.
Does SBAC usually beat earnings estimates?
Over its last 8 reported quarters SBAC beat the consensus estimate 4 times and missed 3 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about SBAC?
Of 21 analysts covering SBAC, 11 rate it a buy, 10 a hold and 0 a sell - buy-leaning, with a consensus price target of $226 (+23.8% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.