BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) ("SBA†) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the Morgan Stanley Technology, Media and Telecom Conference on Tuesday, March 3, 2026 at 11:30 a.m. PT. The conference will be at the Palace Hotel in San Francisco, California. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA Communications Corporation is a lea. ...

SBA Communications Corporation to Speak at the Raymond James & Associates 47th Annual Institutional Investors Conference-# SBA Communications Corporation to Speak at the Raymond James & Associates 47th Annual Institutional Investors ConferenceShare---BOCA RATON, Fla.--([BUSINESS WIRE])--SBA Communications Corporation (NASDAQ: SBAC) ("SBA†) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at the Raymond James & Associates 47th Annual Institutional Investors Conference on Monday ...

Group 1 - SBA Communications Corporation will release its fourth quarter results for 2025 on February 26, 2026, after market close [1] - A conference call to discuss the results will take place on the same day at 5:00 PM (EST) [1] - The company operates over 46,000 communications sites across the Americas and Africa, making it a significant player in the wireless communications infrastructure sector [1] Group 2 - SBA Communications Corporation is listed on NASDAQ under the symbol SBAC and is part of the S&P 500 [1] - The company is recognized as one of the top Real Estate Investment Trusts (REITs) by market capitalization [1] - The CFO, Marc Montagner, is scheduled to speak at the UBS Global Media and Communications Conference on December 9, 2025 [1]

Market Performance - The broad U.S. market started the year positively, with the SPDR® S&P 500® ETF (SPY) posting a gain despite some elevated volatility in the final week of January [1]

Core Viewpoint - SBA Communications (SBAC) has experienced significant volatility in recent years, primarily due to macroeconomic impacts from post-pandemic interest rate hikes, but the stock is now perceived as attractive for investment opportunities [1]. Company Analysis - The company operates in the telecommunications infrastructure sector, which has been affected by broader economic conditions, particularly interest rate changes [1]. - The stock's current valuation suggests potential for growth, indicating a favorable entry point for investors [1]. Industry Context - The telecommunications infrastructure industry is undergoing shifts due to economic factors, which may present both challenges and opportunities for companies like SBA Communications [1].

Core Viewpoint - SBA Communications Corporation (NASDAQ:SBAC) is recognized as a favored real estate investment trust by hedge funds, with analysts maintaining positive ratings and price targets indicating significant upside potential [1][2][3]. Group 1: Analyst Ratings and Price Targets - UBS analyst Batya Levi reaffirmed a Buy rating on SBA Communications and raised the price target to $275, suggesting an upside potential of almost 42% [1][2]. - Wells Fargo's Eric Luebchow maintained an Equal Weight rating but lowered the price target from $215 to $205, indicating an upside potential of nearly 6% [3]. Group 2: Company Performance and Strategy - CFO Marc Montagner highlighted a focus on topline expansion, with a reported growth of almost 5% in the previous year, and plans to continue this trend into 2026 [2]. - The management's balanced approach to capital deployment includes a strong emphasis on share repurchases at current discounted valuations [2]. Group 3: Company Overview - SBA Communications is an independent REIT that owns and manages a diverse portfolio of wireless communication infrastructure assets, including buildings, rooftops, small cells, towers, and antenna systems across the Americas, Asia, and Africa [4]. - The revenue composition of the company includes site design, development, and leasing services for digital communication providers [4].

Company Overview - SBA Communications Corporation (SBAC) has a market cap of approximately $20.7 billion and operates a portfolio of communication towers and related sites, providing essential tower space and services to wireless carriers across the United States, Latin America, and Canada [1] Earnings Expectations - SBAC is set to report its Q4 earnings soon, with analysts predicting an AFFO of $3.08 per share, which represents an 11.2% decrease from $3.47 per share in the same quarter of the previous year [2] - For fiscal 2025, analysts expect SBAC to report an AFFO of $12.20 per share, down 8.8% from $13.37 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, SBAC stock has declined by 4.9%, underperforming the Real Estate Select Sector SPDR Fund's (XLRE) increase of 2.7% and the S&P 500 Index's (SPX) return of 16.9% during the same period [4] - The company has lagged the broader market due to weakened investor sentiment towards tower REITs amid rising interest rates, which have increased financing costs and compressed valuations for capital-intensive infrastructure businesses [5] Analyst Ratings - Wall Street analysts maintain a cautiously optimistic outlook on SBAC's stock, with an overall "Moderate Buy" rating. Among 20 analysts, eight recommend "Strong Buy," one suggests a "Moderate Buy," and 11 recommend a "Hold" [6] - The average analyst price target for SBAC is $229.78, indicating a potential upside of 18.4% from current price levels [6]

Core Viewpoint - The company has announced a consistent cash distribution of $1.11 per share for the upcoming dividend payments scheduled throughout 2025, indicating a stable dividend policy aimed at returning value to shareholders [1]. Group 1: Dividend Schedule - The record and payment dates for the cash distributions are as follows: - March 13, 2025, with payment on March 27, 2025 [1] - May 22, 2025, with payment on June 17, 2025 [1] - August 21, 2025, with payment on September 18, 2025 [1] - November 13, 2025, with payment on December 11, 2025 [1] Group 2: Dividend Details - Each cash distribution is set at $1.11 per share, which is categorized as ordinary taxable dividends [1][2]. - The ordinary taxable dividends are consistent across all scheduled payments, reinforcing the company's commitment to maintaining shareholder returns [1].

Core Viewpoint - SBA Communications Corporation (NASDAQ:SBAC) is identified as a potentially undervalued stock, despite recent price target reductions by analysts [1][3]. Group 1: Analyst Ratings and Price Targets - JPMorgan analyst Richard Choe lowered the price target for SBA Communications from $245 to $240 while maintaining a "Neutral" rating, citing a conservative approach due to potential impacts from EchoStar [1][2]. - Wells Fargo also reduced its price target for SBA Communications from $215 to $205, keeping an "Equal Weight" rating, highlighting the company's favorable outlook for 2026 due to shorter DISH lease durations [3]. Group 2: Industry Context - The overall industry outlook is described as modest, with concerns regarding the EchoStar/DISH situation, although potential deals could serve as positive catalysts for tower stocks [2]. - SBA Communications is recognized as a leading independent owner and operator of wireless communications infrastructure, which includes various assets such as towers, buildings, rooftops, distributed antenna systems (DAS), and small cells [4].

Group 1 - JPMorgan analyst Richard Choe lowered the price target on SBA Communications (SBAC) to $240 from $245, maintaining a Neutral rating on the shares [1] - The firm reduced new leasing estimates for tower companies due to a more conservative approach influenced by potential impacts from EchoStar [1] - The industry outlook is described as "modest," with concerns over the EchoStar/Dish situation, although potential deals could serve as a positive catalyst for tower stocks [1]