Latest news with #SBACommunicationsCorporation
Yahoo
15-07-2025
- Business
- Yahoo
Here's What to Expect From SBA Communications' Next Earnings Report
With a market cap of around $25 billion, SBA Communications Corporation (SBAC), based in Boca Raton, Florida, is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells. SBAC is scheduled to report its Q2 earnings on Monday, Aug. 4. Ahead of the event, analysts expect the company to report an AFFO of $2.95 per share, down 10.3% from $3.29 per share in the same quarter of the previous year. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. Palantir Just Launched Warp Speed for Warships. Does That Make PLTR Stock a Buy? This Analyst Just Doubled His Price Target on AMD Stock How High Can Nvidia Stock Go as Jensen Huang Heads to China? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect SBAC to report an AFFO of $12.10 per share, down 9.5% from $13.37 in fiscal 2024. However, the AFFO is expected to rise 2.6% year-over-year to $12.42 per share in fiscal 2026. SBAC stock has risen 9.2% over the past 52 weeks, outperforming the Real Estate Select Sector SPDR Fund's (XLRE) 4.1% surge. Nevertheless, the stock has lagged behind the S&P 500 Index's ($SPX) 11.6% return during the same time frame. On Apr. 28, SBAC shares rose marginally following the release of its Q1 earnings. The company reported steady performance with revenue rising 1% year-over-year to $664.2 million, slightly beating the Street's estimates. Its AFFO per share was $3.18, down from $3.29 last year, but it successfully beat the Street's expectations by 7.1%. Wall Street analysts are cautiously optimsitic about SBAC's stock, with an overall "Moderate Buy" rating. Among 19 analysts covering the stock, nine recommend "Strong Buy," one suggests a 'Moderate Buy,' and nine suggest a 'Hold.' As of writing, the stock is trading below the average analyst price target of $253.28. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Business Wire
14-07-2025
- Business
- Business Wire
SBA Communications Corporation Sets Date for Second Quarter 2025 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) ('SBA' and 'Company') announced it will release its second quarter results on Monday, August 4, 2025 after market close. SBA will host a conference call on Monday, August 4, 2025 to discuss these results. The call may be accessed as follows: About SBA Communications Corporation 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. For more information, please visit
Yahoo
27-05-2025
- Business
- Yahoo
Baron Small Cap Fund Sold SBA Communications Corp. (SBAC) on Price Appreciation
Baron Funds, an investment management company, released its 'Baron Small Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2025, the fund was down 9.07% (Institutional Shares) compared to the Russell 2000 Growth Index's (the Index) -11.12% return. Small-cap stocks continued to underperform larger market caps meaningfully, so the Fund lagged the Russell 3000 Index, which fell 4.72% in the quarter. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Baron Small Cap Fund highlighted stocks such as SBA Communications Corporation (NASDAQ:SBAC). SBA Communications Corporation (NASDAQ:SBAC) is an independent owner and operator of wireless communications infrastructure. The one-month return of SBA Communications Corporation (NASDAQ:SBAC) was 2.79%, and its shares gained 22.03% of their value over the last 52 weeks. On May 23, 2025, SBA Communications Corporation (NASDAQ:SBAC) stock closed at $229.52 per share with a market capitalization of $24.661 billion. Baron Small Cap Fund stated the following regarding SBA Communications Corporation (NASDAQ:SBAC) in its Q1 2025 investor letter: "We sold the remnants of our SBA Communications Corporation (NASDAQ:SBAC) holding to fund growthier names after the stock moved higher as interest rates fell. We purchased this position in 2004, and it has been a great holding for the Fund, generating over $350 million in total profits (21.9% annualized return)." Aerial view of tall antenna towers and the landscape around them. SBA Communications Corporation (NASDAQ:SBAC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge fund portfolios held SBA Communications Corporation (NASDAQ:SBAC) at the end of the first quarter, which was 44 in the previous quarter. While we acknowledge the potential of SBA Communications Corporation (NASDAQ:SBAC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered SBA Communications Corporation (NASDAQ:SBAC) and shared Andvari Associates' views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
29-04-2025
- Business
- Business Wire
SBA Communications Corporation to Speak at The JP Morgan 53 rd Annual Global Technology, Media and Communications Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) ('SBA') announces that Marc Montagner, Chief Financial Officer is scheduled to speak at the JP Morgan 53 rd Annual Global Technology, Media and Communications Conference, Tuesday, May 13, 2025 at 5:10pm ET. The conference will be at The Westin Boston Seaport District in Boston, Massachusetts. The audio presentation for SBA can be accessed by visiting About SBA Communications Corporation 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. For more information, please visit
Yahoo
11-04-2025
- Business
- Yahoo
Is SBA Communications Corporation (SBAC) an Interest Rate Sensitive Company?
Andvari Associates, an investment management firm, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter the fund returned 7.2% net of fees compared to the SPDR S&P 500 ETF's 4.3% decline. In addition, you can check the fund's top 5 holdings to find out its best picks for 2025. In its first quarter 2025 investor letter, Andvari Associates emphasized stocks such as SBA Communications Corporation (NASDAQ:SBAC). SBA Communications Corporation (NASDAQ:SBAC) is an independent owner and operator of wireless communications infrastructure. The one-month return of SBA Communications Corporation (NASDAQ:SBAC) was -2.76%, and its shares gained 5.13% of their value over the last 52 weeks. On April 10, 2024, SBA Communications Corporation (NASDAQ:SBAC) stock closed at $212.20 per share with a market capitalization of $22.924 billion. Andvari Associates stated the following regarding SBA Communications Corporation (NASDAQ:SBAC) in its Q1 2025 investor letter: "Our holdings that have been most sensitive to interest rates remain well-poised for outperformance. Our two cell tower REITs—American Tower and SBA Communications Corporation (NASDAQ:SBAC)—have continued to reduce their debt and leverage ratios. Both have also recently increased their quarterly dividend payments to shareholders. American Tower is most notable in this regard as it paused dividend increases for a year." Aerial view of tall antenna towers and the landscape around them. SBA Communications Corporation (NASDAQ:SBAC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge fund portfolios held SBA Communications Corporation (NASDAQ:SBAC) at the end of the fourth quarter compared to 41 in the third quarter. While we acknowledge the potential of SBA Communications Corporation (NASDAQ:SBAC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered SBA Communications Corporation (NASDAQ:SBAC) in another article, where we shared Andvari Associates' views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
