SBA Communications Corp (SBAC)
NASDAQ · Finance, Insurance & Real Estate · Real estate investment trusts
$166.15+$0.0300 (+0.02%) on the dayAs of the close; data may be delayed.
SBAC price, last 12 months
Key stats
- Previous close
- $166.12
- Open
- $166.00
- Day range
- $164.85 – $168.13
- 52-week range
- $162.41 – $224.46
- Volume
- 721.6K
- Avg volume (20 days)
- 952.6K
- Market cap
- $17.6B
Performance
1W−7.0%
1M−10.7%
3M−9.6%
6M0.0%
YTD−14.1%
1Y−14.9%
vs S&P 500, 1Y−31.7 pts
Technicals and fundamentals
About SBA Communications Corp
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
- Sector
- Finance, Insurance & Real Estate
- Industry
- Real estate investment trusts
- Listed on
- NASDAQ
- Market cap
- $17.6B