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SBA Communications Corporation

SBACDividend Challenger • 6yrs
Real Estate · REIT - Specialty🇺🇸 United States
$184.75
Dividend Yield2.70%
Annual Dividend$4.99
Ex-Dividend DateAug 20, 2026
Market Cap$18.93B
82/ 100
Financial Health
Healthy
Well-covered payout (51%)

Automated dividend-safety read-out from payout, leverage, yield, profitability and track record. See the Financials tab for the full per-statement Financial Investigation. Educational only — not investment advice.

At a glance

SBA Communications Corporation (SBAC) operates in the REIT - Specialty industry and is based in the United States. It pays a quarterly dividend of $4.99 a year, a yield of 2.70% at the current price of $184.75. SBA Communications has raised its dividend for 6 consecutive years, which makes it a Dividend Challenger. Over the last five years the dividend has grown by an average of 19.0% a year. It paid out 51% of its earnings as dividends, leaving most of its profit in the business. 21 analysts cover it; their average 12-month price target of $225.25 is 21.9% above the current price.

Written automatically from the figures on this page, as of Oct 24, 2026. Facts only, not a recommendation.

Price History
Dividend payment dates
Analyst Consensus
Buy
Bullish sentiment
52% of 21 analysts bullish
12-Month Price Target
$225.25
+21.9% vs current price

About SBA Communications Corporation

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or by other tower owners or operators who, like us, build towers to lease space to multiple wireless service providers.

Business description sourced from Yahoo Finance / company filings. Not affiliated with SimplyWallStreet.

Key Metrics

Valuation

P/E Ratio
19.2
P/B Ratio
N/M
EV/EBITDA
18.5
Beta
0.99
vs S&P 500
52W High
$224.46
52W Low
$156.60

Profitability

Gross Margin
74.20%
Operating Margin
52.16%
Net Margin
34.51%
ROE
—
Free Cash Flow
$752.1M

Financial Health

Debt / Equity
—
lower is safer
Current Ratio
0.17
>1 healthy
Quick Ratio
0.12
>1 healthy
Employees
1,844
HQ
Boca Raton, FL, United States
Data: Yahoo Finance (yfinance)|Updated: Oct 24, 2026 11:38

Data provided by Yahoo Finance via yfinance. Updated daily. Not investment advice.

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All financial analysis, ratios, and written commentary are provided for educational and informational purposes only. The Financial Analysis and Financial Investigation sections reflect automated computations applied to publicly available financial data — they do not represent the opinion of a licensed financial professional. Always conduct your own independent research and consult a qualified, regulated financial adviser before making any investment decision. Past performance of dividends, prices, or earnings is not a guarantee of future results.

Data Sources: Yahoo Finance via yfinance (real-time prices, dividend history, financial statements, analyst ratings and price targets) · S&P 500 Dividend Aristocrats Index (official constituent list) · Dividend Kings public records (companies with 50+ years of consecutive dividend increases) · SEC EDGAR company filings (10-K annual reports — primary source for all financial statement data). Data is fetched automatically each day and may be delayed up to 24 hours. All figures are in USD unless otherwise stated.