SBA Communications: Headwinds Persist, But Growth Potential Remains (Rating Downgrade)
SBA Communications faces headwinds, particularly in Brazil, but remains a compelling buy due to strong fundamentals, dividend coverage, and upside potential. The recent acquisition of 7,000 towers from Millicom is expected to drive growth and establish a leading position in Central America. Despite foreign exchange challenges, SBAC's AFFO and revenue have shown solid growth, and the REIT continues to deleverage its balance sheet effectively.
Here's Why You Should Add SBA Communications Stock to Your Portfolio
SBAC is set for healthy growth with extensive infrastructure assets amid rising consumer demand and the adoption of data-driven mobile devices and applications.
Bet on These 3 Equity REIT Stocks Despite Industry Challenges
The Zacks REIT and Equity Trust - Other industry players such as WELL, SBAC and SLG are likely to benefit from healthy fundamentals and improving demand.
SBA Communications Q4 AFFO & Revenues Beat Estimates, Dividend Hiked
SBAC's Q4 results reflect growth in site-leasing and site-development revenues.
Here's What Key Metrics Tell Us About SBA Communications (SBAC) Q4 Earnings
The headline numbers for SBA Communications (SBAC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
SBA Communications (SBAC) Beats Q4 FFO and Revenue Estimates
SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.47 per share, beating the Zacks Consensus Estimate of $3.37 per share. This compares to FFO of $3.37 per share a year ago.
Countdown to SBA Communications (SBAC) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Besides Wall Street's top -and-bottom-line estimates for SBA Communications (SBAC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
What's in the Cards for SBA Communications This Earnings Season?
SBAC's Q4 results may be affected by ongoing consolidation and high interest expenses despite rising demand for wireless communications infrastructure.
SBA Communications: Mission-Critical Assets At A Hefty Discount
SBA Communications' stock has dropped to far below historical valuation, creating an attractive entry point for long-term investors in mission-critical wireless infrastructure. SBAC benefits from durable revenue streams, low tenant turnover, and strong profitability, supported by a high EBITDA margin and growing international presence. Recent Central American acquisition enhances growth prospects, while disciplined capital allocation supports dividend growth and financial flexibility.
SBA Communications: Still An Appealing Play Despite Mixed Quarterly Results
SBA Communications Corporation reported mixed Q3 2024 results, with earnings per share and FFO exceeding estimates but revenue falling short, leading to a tepid market reaction. Despite revenue decline, the company raised full-year 2024 guidance, showing confidence in future performance and maintaining a bullish outlook. Shares have outperformed the S&P 500 by 22% since April, and the stock remains a decent 'buy' candidate due to its valuation and stability.
SBA Communications' Q3 AFFO Meets Estimates, Revenues Fall Y/Y
SBAC's Q3 results reflect marginal improvement in domestic cash site-leasing revenues with increasing carrier activity. Lower site development revenues hurt.
SBA Communications Corporation (SBAC) Q3 2024 Earnings Call Transcript
SBA Communications Corporation (NASDAQ:SBAC ) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Mark DeRussy - VP of Finance Brendan Cavanagh - CEO Marc Montagner - CFO Conference Call Participants Batya Levi - UBS Ric Prentiss - Raymond James Jim Schneider - Goldman Sachs Brandon Nispel - KeyBanc Simon Flannery - Morgan Stanley Jon Atkin - RBC Richard Choe - JPMorgan Matt Niknam - Deutsche Bank Nick Del Deo - MoffettNathanson Eric Luebchow - Wells Fargo Securities Walter Piecyk - LightShed Partners David Barden - Bank of America Michael Rollins - Citi Brendan Lynch - Barclays David Guarino - Green Street Operator Thank you for standing by, and welcome to the SBA Communications Third Quarter Results Conference. At this time all participants are in a listen-only mode.
