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Upturn AI SWOT - About
SBAC 
SBA Communications Corp (SBAC)
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Upturn Advisory Summary
07/08/2025: SBAC (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
18 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $254.94
1 Year Target Price $254.94
| 6 | Strong Buy |
| 4 | Buy |
| 8 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 19.32% | Avg. Invested days 58 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/08/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 25.13B USD | Price to earnings Ratio 30.86 | 1Y Target Price 254.94 |
Price to earnings Ratio 30.86 | 1Y Target Price 254.94 | ||
Volume (30-day avg) 18 | Beta 0.78 | 52 Weeks Range 188.20 - 249.02 | Updated Date 07/8/2025 |
52 Weeks Range 188.20 - 249.02 | Updated Date 07/8/2025 | ||
Dividends yield (FY) 1.89% | Basic EPS (TTM) 7.57 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 30.37% | Operating Margin (TTM) 55.39% |
Management Effectiveness
Return on Assets (TTM) 9.36% | Return on Equity (TTM) - |
Valuation
Trailing PE 30.86 | Forward PE 26.88 | Enterprise Value 39037061047 | Price to Sales(TTM) 9.36 |
Enterprise Value 39037061047 | Price to Sales(TTM) 9.36 | ||
Enterprise Value to Revenue 14.53 | Enterprise Value to EBITDA 25.12 | Shares Outstanding 107445000 | Shares Floating 106639436 |
Shares Outstanding 107445000 | Shares Floating 106639436 | ||
Percent Insiders 0.71 | Percent Institutions 101.29 |
Upturn AI SWOT
SBA Communications Corp
Company Overview
History and Background
SBA Communications Corporation was founded in 1989. It initially focused on owning and managing broadcast towers. Over time, it transitioned to primarily owning and operating wireless communications infrastructure, specifically cell towers, and providing related services. The company has grown through acquisitions and organic expansion to become a leading independent owner and operator of wireless communications infrastructure in North America and globally.
Core Business Areas
- Site Leasing: SBA leases antenna space on its towers to wireless service providers. This segment generates recurring revenue under long-term contracts.
- Site Development: SBA provides site development services to wireless carriers and operators, including site acquisition, zoning, permitting, and construction.
Leadership and Structure
SBA is led by Jeffrey A. Stoops (President and CEO). The organizational structure consists of functional departments responsible for site leasing, site development, finance, legal, and operations. A board of directors oversees the company's overall strategy and governance.
Top Products and Market Share
Key Offerings
- Antenna Space Leasing: SBA leases space on its communication towers to mobile network operators (MNOs) and other wireless service providers. This is their primary revenue source. Market share data is not readily available as it is a fragmented market, but SBA is a major player, suggesting a substantial share. Competitors include American Tower, Crown Castle, and various regional tower companies. Recurring revenue of this core product is SBA's primary revenue source.
- Tower Development Services: SBA provides services like site acquisition, zoning, permitting, and construction of new towers for MNOs. This offering helps MNOs expand their network coverage. Market share for this service is less concentrated. Competitors include other tower companies offering similar services, engineering firms, and construction companies.
Market Dynamics
Industry Overview
The wireless communications infrastructure industry is experiencing growth driven by increasing demand for mobile data, the rollout of 5G networks, and the need for greater network coverage and capacity. The industry is characterized by long-term contracts with high renewal rates.
Positioning
SBA is a leading independent owner and operator of wireless communications infrastructure. Its competitive advantages include its large and geographically diverse portfolio of towers, its expertise in site development, and its strong relationships with wireless carriers.
Total Addressable Market (TAM)
The total addressable market for wireless infrastructure is estimated to be hundreds of billions of dollars globally. SBA is well-positioned to capture a significant portion of this market due to its established presence and expanding tower portfolio.
Upturn SWOT Analysis
Strengths
- Large portfolio of communication towers
- Recurring revenue from long-term leases
- Strong relationships with major wireless carriers
- Experienced management team
- Geographically diverse tower locations
Weaknesses
- High debt levels
- Dependence on a limited number of major customers
- Exposure to regulatory changes
- Vulnerability to technological obsolescence
- Capital Intensive Business
Opportunities
- Expansion of 5G networks
- Increased demand for data
- Growth in emerging markets
- Acquisition of smaller tower companies
- Development of new technologies
Threats
- Consolidation among wireless carriers
- Increased competition from other tower companies
- Potential for new technologies to disrupt the industry
- Economic downturns
- Rising interest rates
Competitors and Market Share
Key Competitors
- AMT
- CCI
- UNIT
Competitive Landscape
SBA competes primarily with American Tower and Crown Castle. SBA's strengths include its focus on specific markets and its strong relationships with certain wireless carriers. Its disadvantages include its smaller size compared to its larger competitors and higher debt load relative to peers.
Major Acquisitions
Vertical Bridge
- Year: 2014
- Acquisition Price (USD millions): 300
- Strategic Rationale: Expanded tower portfolio and strengthened market position.
Growth Trajectory and Initiatives
Historical Growth: SBA has experienced significant growth over the past decade through organic expansion and strategic acquisitions.
Future Projections: Analysts project continued growth for SBA driven by the rollout of 5G and increased demand for mobile data. Revenue growth is expected to be in the mid-single digits percentage annually.
Recent Initiatives: Recent initiatives include investments in new tower construction, acquisitions of existing towers, and expansion into new markets.
Summary
SBA Communications is a significant player in the wireless infrastructure industry, benefiting from the ongoing expansion of mobile networks. Its strengths lie in its established tower portfolio and long-term contracts. However, high debt and customer concentration pose risks. The company is poised for continued growth with 5G rollout, but faces competition and technological changes.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share data are estimates and may vary depending on the source. Financial figures are approximate and may not reflect the most recent data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SBA Communications Corp
Exchange NASDAQ | Headquaters Boca Raton, FL, United States | ||
IPO Launch date 1999-06-16 | CEO, President & Director Mr. Brendan Thomas Cavanagh CPA | ||
Sector Real Estate | Industry REIT - Specialty | Full time employees 1720 | Website https://www.sbasite.com |
Full time employees 1720 | Website https://www.sbasite.com | ||
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts (REITs) by market capitalization.
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