Company SBA Communications Corporation

Equities

SBAC

US78410G1040

Specialized REITs

Real-time Estimate Cboe BZX 02:36:30 2024-03-28 pm EDT 5-day change 1st Jan Change
217.2 USD -0.42% Intraday chart for SBA Communications Corporation +0.89% -14.49%

Business Summary

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.

Number of employees: 1,787

Sales per Business

USD in Million2022Weight2023Weight Delta
Site Leasing
92.8 %
2,337 88.7 % 2,517 92.8 % +7.72%
Site Development
7.2 %
297 11.3 % 195 7.2 % -34.43%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
75.3 %
2,074 78.8 % 2,041 75.3 % -1.60%
Brazil
14.5 %
300 11.4 % 392 14.5 % +30.88%
International
10.3 %
259 9.9 % 278 10.3 % +7.28%

Managers

Managers TitleAgeSince
Founder 63 88-12-31
Chief Executive Officer 52 97-12-31
Director of Finance/CFO 62 23-10-16
Chairman 65 97-03-31
Chief Tech/Sci/R&D Officer 51 22-02-28
Chief Administrative Officer 44 09-12-31
Chief Operating Officer 58 07-06-30
Investor Relations Contact - 13-12-31
Human Resources Officer 63 18-09-30
Corporate Officer/Principal 55 95-02-28

Members of the board

Members of the board TitleAgeSince
Chairman 65 97-03-31
Director/Board Member 75 04-04-30
Chief Executive Officer 52 97-12-31
Director/Board Member 78 09-09-30
Director/Board Member 65 09-09-30
Founder 63 88-12-31
Director/Board Member 62 23-05-24
Director/Board Member 61 15-04-30
Director/Board Member 53 23-05-24
Director/Board Member 47 22-03-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 108,108,678 106,872,843 ( 98.86 %) 0 98.86 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
15.99 %
17,279,870 15.99 % 3 615 M $
BlackRock Advisors LLC
6.516 %
7,040,528 6.516 % 1 473 M $
4,842,029 4.481 % 1 013 M $
Cohen & Steers Capital Management, Inc.
3.745 %
4,046,300 3.745 % 847 M $
Principal Global Investors LLC
2.569 %
2,775,855 2.569 % 581 M $
Geode Capital Management LLC
2.483 %
2,682,855 2.483 % 561 M $
Citadel Advisors LLC (13f Subfiler)
2.455 %
2,652,866 2.455 % 555 M $
DWS Investment Management Americas, Inc.
2.414 %
2,608,284 2.414 % 546 M $
JPMorgan Investment Management, Inc.
2.313 %
2,499,277 2.313 % 523 M $
Invesco Advisers, Inc.
1.944 %
2,100,858 1.944 % 440 M $

Company contact information

SBA Communications Corp.

8051 Congress Avenue

33487, Boca Raton

+561 995 7670

http://www.sbasite.com
address SBA Communications Corporation(SBAC)

Group companies

NameCategory and Sector
Finance/Rental/Leasing

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
218.1 USD
Average target price
259.2 USD
Spread / Average Target
+18.86%
Consensus