SBAC: SBA Communications Corp.
About
SBA Communications Corp. is a real estate investment trust, which engages in the provision of wireless communications infrastructures. It operates through the following business segments: Domestic Site Leasing, International Site Leasing, and Site Development. The Domestic Site Leasing segment includes AT&T, Sprint, T-Mobile, and Verizon Wireless. The International Site Leasing segment acquires and develops towers. The Site Development segment is involved in consulting and construction activities. The company was founded by Steven E. Bernstein in 1989 and is headquartered in Boca Raton, FL.
Current Value
$218.261 Year Return
Current Value
$218.261 Year Return
Key Details
Market Cap
$23.60B
P/E Ratio
34.62
1Y Stock Return
-6.03%
1Y Revenue Growth
-2.27%
Dividend Yield
1.34%
Price to Book
-4.6
Strategies that include SBAC
Stock's related to SBAC
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AMT | 78.40% | $94.00B | +1.83% | 3.29% |
| CCI | 75.07% | $45.40B | +0.84% | 6.02% |
| VICI | 61.83% | $33.97B | +14.26% | 5.23% |
| GLPI | 59.45% | $13.79B | +12.32% | 6.02% |
| PSA | 59.19% | $58.57B | +30.03% | 3.60% |
| WY | 59.03% | $22.29B | -3.05% | 2.59% |
| CUBE | 58.42% | $11.08B | +25.82% | 4.18% |
| AWK | 58.31% | $26.93B | +5.63% | 2.17% |
| SUI | 56.32% | $16.13B | +2.58% | 2.98% |
| NNN | 56.29% | $8.14B | +10.88% | 5.30% |
| SAFE | 56.22% | $1.47B | +9.32% | 3.47% |
| EXR | 55.48% | $35.09B | +29.30% | 3.94% |
| O | 55.36% | $50.04B | +6.78% | 5.49% |
| NSA | 54.65% | $3.37B | +32.81% | 5.11% |
| ARE | 53.61% | $18.26B | +0.69% | 4.97% |
| FCPT | 53.08% | $2.81B | +27.91% | 4.79% |
| ADC | 52.99% | $8.03B | +36.00% | 3.88% |
| KIM | 52.43% | $16.89B | +35.20% | 3.85% |
| WPC | 52.06% | $12.36B | -2.40% | 6.17% |
| DTE | 51.93% | $25.20B | +17.84% | 3.35% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ANET | -0.02% | $118.95B | +75.41% | 0.00% |
| QTTB | 0.07% | $354.34M | +188.64% | 0.00% |
| EDSA | 0.08% | $7.11M | -21.79% | 0.00% |
| NNVC | -0.22% | $19.66M | +25.69% | 0.00% |
| SPR | 0.23% | $3.72B | +23.27% | 0.00% |
| LICY | 0.34% | $53.41M | -60.56% | 0.00% |
| TSM | -0.45% | $983.61B | +92.73% | 1.17% |
| OCFT | -0.46% | $80.95M | -30.38% | 0.00% |
| GHG | 0.49% | $180.98M | -36.68% | 0.00% |
| PRPH | 0.49% | $18.14M | -82.61% | 0.00% |
| CEG | -0.51% | $73.37B | +91.48% | 0.59% |
| MSFT | 0.63% | $3.11T | +11.99% | 0.54% |
| CME | -0.63% | $82.76B | +9.21% | 1.98% |
| BACK | -0.84% | $1.76M | -32.90% | 0.00% |
| CCJ | 0.88% | $25.01B | +28.34% | 0.15% |
| CARV | 0.94% | $8.48M | -8.79% | 0.00% |
| VNOM | 0.99% | $5.48B | +79.62% | 3.35% |
| GOOGL | 1.03% | $2.18T | +30.04% | 0.23% |
| NSSC | 1.15% | $1.33B | +26.57% | 1.12% |
| MIST | 1.15% | $92.79M | -32.56% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| IBKR | -22.20% | $20.20B | +131.83% | 0.37% |
| LPLA | -22.10% | $23.55B | +38.13% | 0.38% |
| CAMT | -17.94% | $3.40B | +16.39% | 0.00% |
| ACGL | -14.54% | $36.00B | +16.84% | 0.00% |
| LLY | -13.95% | $692.74B | +23.14% | 0.71% |
| FUN | -13.62% | $4.60B | -16.51% | 0.00% |
| SNPS | -13.51% | $82.03B | -1.18% | 0.00% |
| NVMI | -13.51% | $5.16B | +44.02% | 0.00% |
| CVLT | -13.24% | $7.37B | +136.34% | 0.00% |
| CCEC | -12.64% | $1.02B | +28.03% | 3.26% |
| NTNX | -12.18% | $18.33B | +70.72% | 0.00% |
| NTIC | -12.13% | $132.27M | +24.98% | 2.02% |
| META | -11.94% | $1.42T | +66.51% | 0.27% |
| HQY | -11.89% | $8.97B | +52.15% | 0.00% |
| TEN | -11.70% | $606.64M | +3.32% | 4.39% |
| PGR | -11.55% | $149.10B | +57.29% | 0.45% |
| RBRK | -11.54% | $8.03B | +38.16% | 0.00% |
| MCK | -11.30% | $78.15B | +35.51% | 0.42% |
| VKTX | -11.22% | $5.74B | +353.83% | 0.00% |
| CMG | -11.19% | $80.02B | +33.62% | 0.00% |
ETF's related to SBAC
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| SRVR | 73.25% | $448.44M | 0.55% |
| XLRE | 69.76% | $7.46B | 0.09% |
| IYR | 69.42% | $4.56B | 0.39% |
| ICF | 68.97% | $2.09B | 0.33% |
| SCHH | 68.80% | $7.87B | 0.07% |
| FREL | 68.36% | $1.06B | 0.084% |
| VNQ | 68.03% | $36.36B | 0.12% |
| DFAR | 67.88% | $1.20B | 0.19% |
| DFGR | 66.70% | $2.09B | 0.22% |
| REET | 61.22% | $3.83B | 0.14% |
| INDS | 60.69% | $178.70M | 0.55% |
| RWO | 60.60% | $1.18B | 0.5% |
| JPMB | 60.44% | $585.28M | 0.39% |
| CGCB | 60.26% | $1.49B | 0.27% |
| BSCW | 60.23% | $635.46M | 0.1% |
| SPRE | 60.22% | $154.49M | 0.55% |
| SPAB | 60.19% | $8.19B | 0.03% |
| IGEB | 60.08% | $1.07B | 0.18% |
| USRT | 59.97% | $2.90B | 0.08% |
| IBTJ | 59.96% | $379.57M | 0.07% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| FTGC | -1.67% | $2.17B | 1.02% |
| FFOG | 1.80% | $118.40M | 0.55% |
| WEAT | -1.81% | $120.27M | 0.28% |
| FLRN | 1.90% | $2.33B | 0.15% |
| UNG | 1.91% | $908.80M | 1.06% |
| KRBN | 1.93% | $242.47M | 0.85% |
| JBBB | -2.20% | $1.26B | 0.49% |
| KCCA | -2.46% | $220.51M | 0.87% |
| CORN | -2.68% | $61.12M | 0.2% |
| BCI | 2.73% | $1.20B | 0.26% |
| SOYB | 3.11% | $27.32M | 0.22% |
| SMH | 3.25% | $23.66B | 0.35% |
| GCC | 3.43% | $133.23M | 0.55% |
| CSHI | 3.55% | $482.85M | 0.38% |
| FEPI | 3.85% | $406.41M | 0.65% |
| URNJ | 4.53% | $283.55M | 0.8% |
| BCD | 4.78% | $245.02M | 0.3% |
| BLCN | 4.88% | $70.20M | 0.68% |
| CANE | -5.09% | $17.72M | 0.29% |
| AMDY | 5.12% | $144.24M | 0.99% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USDU | -44.86% | $201.97M | 0.5% |
| UUP | -41.90% | $309.25M | 0.77% |
| CTA | -34.49% | $350.27M | 0.78% |
| EQLS | -30.63% | $76.08M | 1% |
| DBMF | -24.06% | $1.02B | 0.85% |
| BTAL | -23.46% | $388.04M | 1.43% |
| QQA | -17.17% | $135.01M | 0% |
| KMLM | -16.25% | $353.87M | 0.9% |
| DBJP | -15.67% | $399.93M | 0.45% |
| HEWJ | -15.31% | $347.32M | 0.5% |
| DXJ | -15.10% | $3.71B | 0.48% |
| FLJH | -14.87% | $74.69M | 0.09% |
| VIXY | -13.99% | $195.31M | 0.85% |
| DBE | -13.74% | $50.13M | 0.77% |
| COMT | -13.00% | $829.06M | 0.48% |
| GSG | -12.26% | $914.42M | 0.75% |
| DBO | -11.43% | $217.57M | 0.77% |
| HIGH | -10.80% | $302.78M | 0.51% |
| PDBC | -9.20% | $4.40B | 0.59% |
| DBC | -8.66% | $1.39B | 0.87% |
News
SeekingAlpha
Read here for the latest updates on Akre Capital Management's 13F portfolio, with major holdings and significant stake changes in top companies.
SeekingAlpha
The BlackRock Real Estate Securities Fund posted returns of 16.28% (Institutional shares) for the third quarter of 2024. Click here to read the full commentary.
Yahoo
BOCA RATON, Fla., November 19, 2024--SBA Communications Corporation (NASDAQ: SBAC) ("SBA") announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the BofA Securities 2024 Leveraged Finance Conference, Tuesday, December 3, 2024 at 4:10 PM (ET). The conference will be at The Boca Raton in Boca Raton, Florida. The audio presentation for SBA can be accessed by visiting www.sbasite.com.
MarketWatch
SBA Communications Corp. stock rises Monday, still underperforms market
MarketWatch
SBA Communications Corp. stock underperforms Friday when compared to competitors despite daily gains
SeekingAlpha
Insightful analysis on U.S. real estate industry earnings during the third quarter, with winners and losers identified across major property sectors.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.