Business description: SBA Communications Corporation

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 (94.3%): at the end of 2024, owned 39 749 wireless towers. The group is also involved in leasing and managing towers for third parties. The United States accounts for 73.7% of net sales;

- network development services (5.7%): 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: 1,720

Sales by Activity: SBA Communications Corporation

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Domestic Site Leasing

1.56B 1.68B 1.78B 1.85B 1.86B

International Site Leasing

396M 423M 559M 670M 665M

Site Development

129M 205M 297M 195M 153M

Geographical breakdown of sales: SBA Communications Corporation

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

United States

1.86B 2.08B 2.33B 2.32B 2.3B

Brazil

223M 234M 300M 392M 380M

Executive Committee: SBA Communications Corporation

Manager TitleAgeSince
Chief Executive Officer 54 31/12/2023
Director of Finance/CFO 64 31/12/2023
Chief Tech/Sci/R&D Officer 53 28/02/2022
Chief Administrative Officer 46 31/12/2022
Chief Operating Officer 60 30/09/2010

Composition of the Board of Directors: SBA Communications Corporation

Director TitleAgeSince
Chairman 67 31/12/2023
Director/Board Member 54 31/12/2023
Chairman 65 31/12/1988
Director/Board Member 67 30/09/2009
Director/Board Member 63 30/04/2015
Director/Board Member 80 30/09/2009
Director/Board Member 77 30/04/2004
Director/Board Member 49 27/03/2022
Director/Board Member 64 24/05/2023
Director/Board Member 55 24/05/2023

Shareholders: SBA Communications Corporation

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
16.8 %
17,902,769 16.8 % 3 296 M $
Dodge & Cox
11.26 %
11,996,134 11.26 % 2 209 M $
Dodge & Cox
10.81 %
11,517,226 10.81 % 2 120 M $
BlackRock Advisors LLC
7.669 %
8,170,747 7.669 % 1 504 M $
4.61 %
4,911,615 4.61 % 904 M $

Company details: SBA Communications Corporation

SBA Communications Corp.

8051 Congress Avenue

33487, Boca Raton

+561 995 7670

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

Group companies: SBA Communications Corporation

NameCategory and Sector
Finance/Rental/Leasing
Finance/Rental/Leasing

Other Specialized REITs

Change 5d. change 1-year change 3-years change Capi.($)
-2.79%+3.40%-4.33%-29.79% 21.64B
-2.91%+6.54%-0.82%+28.95% 93.54B
-3.35%+3.40%-1.55%-11.24% 90.39B
-2.15%+0.83%+6.26%+58.92% 61.81B
-4.82%+1.58%-2.11%-37.85% 40B
-2.72%+5.60%+12.33%+101.20% 32.18B
+0.88%+0.82%+0.62%+24.13% 13.43B
-0.88%0.00%+6.64%+13.07% 4.37B
+0.64%-3.15%+30.42%+28.49% 4.2B
+0.50%-0.99% - - 1.03B
Average -1.44%+2.53%+5.27%+19.54% 36.26B
Weighted average by Cap. -2.14%+5.31%+1.53%+19.17%
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
197.46USD
Average target price
227.72USD
Spread / Average Target
+15.33%

Quarterly revenue - Rate of surprise

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