SBA Communications (SBAC) Expected to Release Quarterly Earnings on Monday

SBA Communications (NASDAQ:SBAC) is anticipated to release its Q2 2026 results after the market closes on Monday, August 3rd. Analysts expect SBA Communications to post earnings of $1.85 per share and revenue of $706.0080 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Monday, August 3, 2026 at 5:00 PM ET.

SBA Communications Stock Performance

Shares of NASDAQ:SBAC opened at $173.57 on Monday. The firm’s 50 day simple moving average is $192.13 and its 200-day simple moving average is $194.88. SBA Communications has a one year low of $162.41 and a one year high of $235.70. The firm has a market cap of $18.41 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 1.73 and a beta of 1.00.

SBA Communications Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 22nd were given a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $5.00 dividend on an annualized basis and a yield of 2.9%. SBA Communications’s payout ratio is 52.63%.

Analysts Set New Price Targets

SBAC has been the subject of several research reports. Royal Bank Of Canada lowered their target price on SBA Communications from $245.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Scotiabank raised their price target on SBA Communications from $223.00 to $230.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Weiss Ratings restated a “hold (c)” rating on shares of SBA Communications in a report on Monday, July 20th. Morgan Stanley lifted their price objective on SBA Communications from $215.00 to $225.00 and gave the company an “equal weight” rating in a report on Thursday, April 9th. Finally, The Goldman Sachs Group initiated coverage on shares of SBA Communications in a research note on Friday, June 26th. They issued a “neutral” rating and a $205.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $235.28.

Institutional Trading of SBA Communications

A number of hedge funds have recently bought and sold shares of SBAC. Invesco Ltd. increased its holdings in shares of SBA Communications by 0.5% in the 4th quarter. Invesco Ltd. now owns 1,815,032 shares of the technology company’s stock valued at $351,082,000 after acquiring an additional 9,656 shares during the period. Corient Private Wealth LLC lifted its stake in shares of SBA Communications by 599.6% during the 4th quarter. Corient Private Wealth LLC now owns 108,001 shares of the technology company’s stock worth $20,891,000 after purchasing an additional 92,564 shares during the last quarter. Alpine Woods Capital Investors LLC boosted its position in SBA Communications by 15.8% during the fourth quarter. Alpine Woods Capital Investors LLC now owns 29,648 shares of the technology company’s stock valued at $5,735,000 after purchasing an additional 4,046 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in SBA Communications by 45.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 16,612 shares of the technology company’s stock valued at $3,213,000 after purchasing an additional 5,183 shares in the last quarter. Finally, Beacon Pointe Advisors LLC boosted its position in SBA Communications by 8.7% during the fourth quarter. Beacon Pointe Advisors LLC now owns 1,692 shares of the technology company’s stock valued at $327,000 after purchasing an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 97.35% of the company’s stock.

SBA Communications Company Profile

SBA Communications Corporation (NASDAQ: SBAC) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its core business is the leasing of space on communications towers, rooftop sites and other wireless structures to mobile network operators, broadband providers and other wireless service customers. The company also provides site development, construction and ongoing site management services to support the deployment and operation of wireless networks.

In addition to traditional macro towers, SBA offers a range of infrastructure solutions designed for dense urban and suburban markets, including small cells, distributed antenna systems (DAS) and fiber backhaul and transport services.