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SBA Communications Corporation

SBAC Real Estate Real Estate Investment Trusts
$178.39
▼ -1.4% Today
as of Oct 22, 16:52 ET
Last 30 days -2.56% Sep 14 → Oct 22
$155.70 $164.12 $172.54 $180.96 $189.38 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$172.26
High
$178.99
Low
$172.10
Volume
$1M
Avg Vol
$1M
Mkt Cap
$18.1B
P/E (TTM)
51.82
Beta
—
52w High
$224.46
52w Low
$156.60
Div Yield
—
Shares Out
$106M

Recent Press Releases & News last 60 days · 23 items

Oct 19 · 14:56 MT Newswires
Bernstein Adjusts SBA Communications Price Target to $208 From $219
Oct 16 · 12:35 MT Newswires
Wells Fargo Adjusts Price Target on SBA Communications to $205 From $210
Oct 15 · 13:04 MT Newswires
Jefferies & Co Adjusts SBA Communications Price Target to $164 From $167
▸ Show all 23 press releases & news Free account →

SBAC earnings at a glance

SBA Communications Corporation (SBAC) is scheduled to report earnings on Monday, November 2, 2026 — in 10 days. Analysts expect earnings per share of $2.92, compared with $3.30 in the same quarter last year (-12%). The options market is pricing a move of about ±3.8% after the report, a range of roughly $171.55 to $185.23 from today's $178.39. Over its last 6 reports the stock rose the next day 5 times and fell 1, moving ±4.1% on average; after the most recent report on Aug 3, 2026 it moved +4.7%. That means options currently expect about the same movement than SBAC has typically delivered. SBAC beat the consensus EPS estimate in 6 of its last 6 reported quarters. Implied volatility is currently 32%. The share price of $178.39 sits in the middle of its 52-week range.

More Real Estate stocks · All stocks · Earnings calendar

Overview

52-week range
$157
$224
32% of range
Avg surprise (last 6)
+8.0%
Avg reaction (last 6)
+2.5%
83% positive
Latest IV / EM
32%
EM ±3.8% · $170 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$2.71$2.86$3.00$3.15$3.30 Actual $3.16Est $2.95Actual $3.17Est $2.94Actual $3.30Est $3.03Actual $3.19Est $3.08Actual $3.01Est $2.71Actual $3.03Est $2.76 Mar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$0$188M$376M$563M$751M Mar 25Jun 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Mon Aug 3, 2026Jun/2026 $3.03 $2.76 +9.8% -12.9% +4.7% earnings
Wed Apr 29, 20268K 2026-04-29 $3.01 $2.71 +11.1% — +2.4% earnings
Thu Feb 26, 20268K 2026-02-26 $3.19 $3.08 +3.6% — +4.7% earnings
Mon Nov 3, 2025Sep/2025 $3.30 $3.03 +8.9% — +1.4% earnings
Mon Aug 4, 2025Jun/2025 $3.17 $2.94 +7.8% — -4.9% earnings
Mon Apr 28, 2025Mar/2025 $3.16 $2.95 +7.1% — +6.8% earnings

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Mon Nov 2, 2026Sep/2026OTHER $2.92$3.30 -11.5%

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$715M$703M——$699M$664M——
Cost of revenue$176M$171M—$190M$172M$154M—$150M
Gross profit$539M$532M—$543M$527M$511M—$517M
Operating income$352M$343M——$335M$335M——
Net income$199M$185M——$226M$221M——
EPS (diluted)$1.87$1.74——$2.09$2.04——

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$327M$269M$265M$430M$275M$636M$190M$186M
Inventory————————
Total current assets$745M$767M$773M$813M$524M$933M$1.98B$450M
Total assets$11.74B$11.72B$11.58B$11.26B$10.77B$10.44B$11.42B$10.20B
Long-term debt$9.15B$10.28B$10.96B$11.93B$11.74B$11.65B$12.40B$12.30B
Total liabilities————————
Total equity$-4.63B$-4.75B$-4.85B$-4.93B$-4.94B$-4.97B$-5.11B$-5.17B

Implied volatility — last 90 days

25%43%60%77%94% Jun 07 — IV 42% · EM ±5.8%Jun 08 — IV 47% · EM ±6.1%Jun 09 — IV 52% · EM ±6.5%Jun 10 — IV 49% · EM ±5.8%Jun 11 — IV 50% · EM ±5.5%Jun 12 — IV 53% · EM ±5.5%Jun 15 — IV 73% · EM ±5.3%Jun 16 — IV 73% · EM ±4.3%Jun 17 — IV 95% · EM ±4.0%Jun 19 — IV 35% · EM ±7.8%Jun 22 — IV 28% · EM ±5.9%Jun 23 — IV 29% · EM ±5.9%Jun 24 — IV 31% · EM ±6.1%Jun 25 — IV 36% · EM ±7.0%Jun 26 — IV 34% · EM ±6.5%Jun 29 — IV 39% · EM ±6.9%Jun 30 — IV 36% · EM ±6.2%Jul 01 — IV 37% · EM ±6.1%Jul 02 — IV 41% · EM ±6.6%Jul 03 — IV 42% · EM ±6.6%Jul 06 — IV 45% · EM ±6.2%Jul 07 — IV 43% · EM ±5.7%Jul 08 — IV 43% · EM ±5.4%Jul 09 — IV 42% · EM ±5.0%Jul 10 — IV 37% · EM ±4.0%Jul 13 — IV 57% · EM ±4.8%Jul 14 — IV 61% · EM ±4.4%Jul 15 — IV 73% · EM ±4.3%Jul 16 — IV 59% · EM ±2.5%Jul 20 — IV 29% · EM ±6.8%Jul 21 — IV 31% · EM ±7.2%Jul 22 — IV 34% · EM ±7.8%Jul 23 — IV 32% · EM ±7.3%Jul 24 — IV 32% · EM ±7.0%Jul 27 — IV 33% · EM ±6.8%Jul 28 — IV 34% · EM ±6.9%Jul 29 — IV 35% · EM ±7.0%Jul 30 — IV 35% · EM ±6.9%Jul 31 — IV 36% · EM ±6.9%Aug 03 — IV 38% · EM ±6.7%Aug 04 — IV 35% · EM ±6.1%Aug 05 — IV 32% · EM ±5.4%Aug 06 — IV 32% · EM ±5.1%Aug 07 — IV 29% · EM ±4.6%Aug 10 — IV 31% · EM ±4.2%Aug 11 — IV 34% · EM ±4.4%Aug 12 — IV 32% · EM ±4.1%Aug 13 — IV 31% · EM ±3.6%Aug 14 — IV 29% · EM ±3.2%Aug 17 — IV 45% · EM ±3.8%Aug 18 — IV 42% · EM ±3.0%Aug 19 — IV 41% · EM ±2.4%Aug 20 — IV 48% · EM ±2.0%Aug 24 — IV 29% · EM ±6.1%Aug 25 — IV 27% · EM ±5.6%Aug 26 — IV 27% · EM ±5.4%Aug 27 — IV 29% · EM ±5.7%Aug 28 — IV 27% · EM ±5.1%Aug 31 — IV 32% · EM ±5.6%Sep 01 — IV 32% · EM ±5.5%Sep 02 — IV 30% · EM ±4.9%Sep 03 — IV 36% · EM ±5.9%Sep 04 — IV 29% · EM ±4.6%Sep 07 — IV 33% · EM ±4.6%Sep 08 — IV 35% · EM ±4.6%Sep 09 — IV 30% · EM ±3.7%Sep 10 — IV 33% · EM ±3.9%Sep 11 — IV 32% · EM ±3.6%Sep 14 — IV 39% · EM ±3.3%Sep 15 — IV 39% · EM ±2.8%Sep 16 — IV 37% · EM ±2.2%Sep 17 — IV 56% · EM ±2.3%Sep 21 — IV 27% · EM ±5.6%Sep 22 — IV 26% · EM ±5.3%Sep 23 — IV 26% · EM ±5.3%Sep 24 — IV 28% · EM ±5.4%Sep 25 — IV 28% · EM ±5.3%Sep 28 — IV 28% · EM ±5.0%Sep 29 — IV 31% · EM ±5.4%Sep 30 — IV 32% · EM ±5.3%Oct 01 — IV 34% · EM ±5.5%Oct 02 — IV 28% · EM ±4.4%Oct 06 — IV 36% · EM ±4.8%Oct 07 — IV 27% · EM ±3.4%Oct 08 — IV 32% · EM ±3.8%

Sector peers

ESS
Essex Property Trust, Inc.
$17.2B $282.45+3.8%
HST
Host Hotels & Resorts, Inc.
$15.2B $24.87+0.3%
KIM
Kimco Realty Corporation
$14.7B $23.59+2.6%
LAMR
Lamar Advertising Company
$14.5B $157.51+2.4%
WPC
W. P. Carey Inc.
$14.3B $64.54+0.6%
MAA
Mid-America Apartment Communities, Inc.
$13.6B $121.17+3.2%

SBAC earnings FAQ

When is SBAC's next earnings date?

SBA Communications Corporation is expected to report on November 2, 2026.

What is SBAC's expected move for earnings?

Options currently price a move of about ±3.8%, or $6.84 per share either way from $178.39.

How does SBAC stock usually react to earnings?

Across the last 6 reports the average next-day move was ±4.1%, up 5 times and down 1 times.

What EPS are analysts expecting from SBA Communications Corporation?

The consensus estimate is $2.92 per share, versus $3.30 a year ago.

What is SBAC's implied volatility?

SBAC's at-the-money implied volatility is about 32% based on the latest options snapshot.

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