Key Takeaways SBAC stock gained 9.3% in 3 months, outperforming the industry's 0.3% rise. Long-term leases, 5G buildout and global tower expansion are boosting SBAC's revenue outlook. Dividend hikes and $122.9M in share buybacks reinforce SBAC's shareholder return strategy.Shares of SBA Communications (SBAC) have rallied 9.3% in the past three months, outperforming the industry's upside of 0.3%.SBAC’s extensive and geographically diverse wireless communication infrastructure portfolio is well-positioned t ...

Shares of SBA Communications (SBAC) have rallied 12% year to date, outperforming the industry's upside of 0.9%.Last month, this tower REIT reported first-quarter 2025 adjusted funds from operations (AFFO) per share of $3.18, beating the Zacks Consensus Estimate of $3.12. However, the figure implies a drop of 3.3% from the prior-year quarter. Results reflected a significant improvement in site-development revenues during the quarter. However, higher costs and interest expenses undermined the performance to s ...