—
C+
C+ The full Closelook — membership. Open the C+ overview

SBA Communications Corp (SBAC) — chart, structure and Closelook read

Home› Indices›
Pick a ticker to load its detail page.

Company snapshot — SBA Communications Corp

SBAC in five paragraphs: what it makes and sells, where it sits in the Closelook stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
SBA Communications owns and operates wireless communication towers, rooftop sites and other structures that carry antennas for mobile networks. It leases space on these structures to wireless carriers and manages tower and rooftop sites for property owners under contract. The company is based in Boca Raton, Florida, and listed in the United States in 1999.
Where it sits in the stack
SBA Communications sits outside our AI build-out index; it belongs to the real estate sleeve of our universe, classed as REIT - Specialty, where it acts as a landlord for wireless infrastructure rather than a technology vendor.
Who it is priced against
The diary carries no peer group for SBA Communications; the comparison the market draws is with American Tower, the other large owner-operator of leased wireless towers.
Why Closelook tracks it
SBA Communications holds a seat in the S&P 500 but carries no Closelook score and no coverage quotes in the diary; it is tracked here only through that index membership.
What the diary watches
The diary watches tenant additions per tower and lease renewal terms, since more equipment carried on existing sites would change the read without any new towers being built.

SBA Communications Corp (SBAC) trades on US exchanges.

Written from the company’s public profile and Closelook’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Signals for this name

Every Closelook reading that exists for SBAC, from the same nightly bakes the boards use. Research diary readings, not advice.

The Street on this name 1 analyst action on the wire · latest: price target by Barclays, 2026-08-20

The Street on this name

Analyst actions and the latest print for SBAC from the Closelook wires — third-party opinions on the record, not our readings.

  • Price target Barclays — target 208 from 245 Target cut to $208 from $245 (+14% to spot) 2026-08-20

1 action on the analyst wire since 2026-08-13: 1 target change. Analyst wire → · Earnings wire →

Who it is priced against REIT - Specialty · United States · 8 names with week and year-to-date

Peer group

REIT - Specialty · United States

This name carries no Closelook score, so its cohort ranks on trend state — distance to the 50- and 200-day averages — never on a score it does not have.

Compared against SBAC on the nightly bakes; the Peers tab ranks the cohort on the Closelook scores where it exists.

Dividends and capital return trailing yield 2.72%, quarterly · last 1.25 USD on 2026-08-20

Dividends and capital return

What SBAC pays out and buys back — distributions read from the price series, money terms from the filings.

  • Trailing 12 months 4.86 USD per share · a 2.72% yield on the 2026-09-18 close 4 distributions, paid quarterly 2026-09-18
  • Change on the year +12.8% against the prior twelve months prior twelve months 4.31 USD per share
  • Last distribution 1.25 USD per share as the price series records it, within days of the ex-date 2026-08-20
  • By calendar year 2023: 0.85 USD (partial) · 2024: 3.92 USD · 2025: 4.44 USD · 2026: 3.75 USD to date first distribution recorded in the three-year window: 2023-11-15

Per-share amounts are derived from the adjusted price series in the listing currency, so dates sit within days of the ex-date; filing figures come from the fundamentals feed for the last reported fiscal year. An investment diary, not a recommendation.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 50/100 · S&P 500 fund at 49, above its 50- and 200-day averagesEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-18
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 97th percentile of the window, +4.9% over 20 sessions. Factor regime → 2026-09-18
  • Sovereign pressure Index 0.07 · down 0.41 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-18

FAQ · from the current data · as of 2026-09-19

Quick answers

What is SBA Communications Corp (SBAC)?

SBA Communications Corp trades as SBAC on the US exchange (United States) in the Closelook research universe, as of the registry build of 2026-09-19.

Is SBAC in a Closelook index?

Not currently — SBA Communications Corp is tracked in the Closelook research universe but is not a constituent of a Closelook functional index as of 2026-09-19.

Where does SBAC trade against its moving averages?

Downtrend stack: Trades -2.6% vs the 50-day and -6.6% vs the 200-day average, 20% below the 52-week high and +10.6% off the 52-week low; a death cross printed 40 sessions ago. Computed from daily closes. As of 2026-09-18 — a technical state from the nightly Closelook bake, not advice. The Technical tab carries the full row.

What does SBA Communications Corp do?

SBA Communications owns and operates wireless communication towers, rooftop sites and other structures that carry antennas for mobile networks. It leases space on these structures to wireless carriers and manages tower and rooftop sites for property owners under contract. The company is based in Boca Raton, Florida, and listed in the United States in 1999. The diary carries no peer group for SBA Communications; the comparison the market draws is with American Tower, the other large owner-operator of leased wireless towers.

Where does SBA Communications Corp sit in the AI build-out?

SBA Communications sits outside our AI build-out index; it belongs to the real estate sleeve of our universe, classed as REIT - Specialty, where it acts as a landlord for wireless infrastructure rather than a technology vendor. SBA Communications holds a seat in the S&P 500 but carries no Closelook score and no coverage quotes in the diary; it is tracked here only through that index membership.

Does SBA Communications Corp pay a dividend?

SBA Communications Corp has paid 4.86 USD per share over the last twelve months, paid quarterly, a trailing yield of 2.72% on the 2026-09-18 close; the last distribution recorded in the price series was 1.25 USD on 2026-08-20. The "Dividends and capital return" block on this page carries the lines.

What has Wall Street done on SBA Communications Corp recently?

The most recent analyst action on SBA Communications Corp on the Closelook wire is a price target by Barclays on 2026-08-20 (target 208 from 245). 1 action on the analyst wire since 2026-08-13: 1 target change. Analyst actions are third-party opinions recorded by the wire, not Closelook readings. The “The Street on this name” block on this page lists the moves; the full feeds are the analyst wire and the earnings wire.

What does this page show?

A live price chart with SMA overlays and drawing tools for SBAC, performance metrics, index-membership context and the Closelook structure read — an investment research diary view, not investment advice.

Related in the Closelook universe

then REIT - Specialty, then Real Estate. Scored names rank on their Closelook score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.