SBA Communications Corp (SBAC)

Real Estate ยท Real Estate Investment Trusts

SBA Communications Corp (SBAC) is listed on Nasdaq, where its shares have traded since June 16, 1999. SentiSense covers SBA Communications Corp in the Real Estate sector, and its Standard Industrial Classification is Real Estate Investment Trusts. Brendan Cavanagh is its chief executive officer. The company reports 1,844 employees, and its corporate website is www.sbasite.com.

About SBA Communications Corp

SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.

Institutional ownership

In 13F filings for the quarter ended June 30, 2026, 668 institutions reported holding SBAC, with 104.3 million shares worth $18.4 billion in aggregate. The largest reported holders were Vanguard, Dodge & Cox and BlackRock. Of the 5 largest reported holders, all 5 added shares during the quarter.

More on SBAC

  • SBAC sentiment: whether news and social coverage of SBA Communications Corp leans bullish or bearish, and the stories driving it.
  • SBAC ownership: all 668 reporting institutions, plus insider and congressional trades.
  • SBAC financials: revenue, net income, operating margin and free cash flow by quarter and year.

SentiSense also tracks daily options readings for SBA Communications Corp: IV rank, put/call percentile, 25-delta skew and open-interest walls.

Frequently asked questions

What does SBA Communications Corp do?

SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa.

What sector is SBAC in?

SentiSense classifies SBA Communications Corp in the Real Estate sector, and its Standard Industrial Classification is Real Estate Investment Trusts.

Where does SBAC stock trade?

SBA Communications Corp (SBAC) is listed on Nasdaq, where its shares have traded since June 16, 1999.

Who is the CEO of SBA Communications Corp?

Brendan Cavanagh is the chief executive officer of SBA Communications Corp.