Company SBA Communications Corporation

Equities

SBAC

US78410G1040

Specialized REITs

Market Closed - Nasdaq 01:30:00 27/04/2024 am IST 5-day change 1st Jan Change
196.2 USD -0.86% Intraday chart for SBA Communications Corporation +0.09% -22.65%

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 01/89/01
Chief Executive Officer 52 01/98/01
Director of Finance/CFO 62 17/23/17
Chairman 65 01/97/01
Chief Tech/Sci/R&D Officer 51 01/22/01
Chief Administrative Officer 44 01/10/01
Chief Operating Officer 58 01/07/01
Investor Relations Contact - 01/14/01
Human Resources Officer 63 01/18/01
Corporate Officer/Principal 55 01/95/01

Members of the board

Members of the board TitleAgeSince
Chairman 65 01/97/01
Director/Board Member 75 01/04/01
Chief Executive Officer 52 01/98/01
Director/Board Member 78 01/09/01
Director/Board Member 65 01/09/01
Founder 63 01/89/01
Director/Board Member 62 25/23/25
Director/Board Member 61 01/15/01
Director/Board Member 53 25/23/25
Director/Board Member 47 28/22/28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 108,021,364 107,089,754 ( 99.14 %) 0 99.14 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
15.98 %
17,279,870 15.98 % 3 745 M $
BlackRock Advisors LLC
6.512 %
7,040,528 6.512 % 1 526 M $
4,842,029 4.479 % 1 049 M $
Cohen & Steers Capital Management, Inc.
3.743 %
4,046,300 3.743 % 877 M $
Principal Global Investors LLC
2.568 %
2,775,855 2.568 % 602 M $
Geode Capital Management LLC
2.482 %
2,682,855 2.482 % 581 M $
Citadel Advisors LLC (13f Subfiler)
2.454 %
2,652,866 2.454 % 575 M $
DWS Investment Management Americas, Inc.
2.413 %
2,608,284 2.413 % 565 M $
JPMorgan Investment Management, Inc.
2.312 %
2,499,277 2.312 % 542 M $
Invesco Advisers, Inc.
1.943 %
2,100,858 1.943 % 455 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
196.2 USD
Average target price
258.6 USD
Spread / Average Target
+31.78%
Consensus
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