Recent Research Analysts’ Ratings Updates for SBA Communications (SBAC)

Posted by Editorial Team on May 16th, 2025

Several analysts have recently updated their ratings and price targets for SBA Communications (NASDAQ: SBAC):

4/29/2025 – SBA Communications had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $268.00 price target on the stock, up previously from $265.00.
4/29/2025 – SBA Communications had its price target raised by analysts at Barclays PLC from $244.00 to $247.00. They now have an “overweight” rating on the stock.
4/29/2025 – SBA Communications had its price target raised by analysts at BMO Capital Markets from $230.00 to $240.00. They now have a “market perform” rating on the stock.
4/29/2025 – SBA Communications had its price target raised by analysts at JMP Securities from $250.00 to $270.00. They now have a “market outperform” rating on the stock.
4/29/2025 – SBA Communications had its price target raised by analysts at Citigroup Inc. from $250.00 to $265.00. They now have a “buy” rating on the stock.
4/18/2025 – SBA Communications was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
4/10/2025 – SBA Communications was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
4/2/2025 – SBA Communications was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
4/1/2025 – SBA Communications is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $240.00 price target on the stock.
3/25/2025 – SBA Communications was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
3/21/2025 – SBA Communications had its price target raised by analysts at Barclays PLC from $240.00 to $244.00. They now have an “overweight” rating on the stock.

SBA Communications Stock Performance

Shares of SBAC stock opened at $229.09 on Friday. The company has a market capitalization of $24.65 billion, a price-to-earnings ratio of 36.13, a PEG ratio of 0.74 and a beta of 0.83. SBA Communications Co. has a 52-week low of $185.44 and a 52-week high of $252.64. The company has a 50-day simple moving average of $224.21 and a two-hundred day simple moving average of $216.03.

SBA Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Thursday, May 22nd will be issued a dividend of $1.11 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $4.44 dividend on an annualized basis and a yield of 1.94%. SBA Communications’s dividend payout ratio (DPR) is currently 60.91%.

Insider Buying and Selling

In related news, Director Jack Langer sold 5,000 shares of the business’s stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $240.59, for a total value of $1,202,950.00. Following the sale, the director now directly owns 10,522 shares in the company, valued at approximately $2,531,487.98. The trade was a 32.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Joshua Koenig sold 2,209 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $224.18, for a total transaction of $495,213.62. Following the sale, the vice president now directly owns 6,079 shares in the company, valued at approximately $1,362,790.22. This trade represents a 26.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

Institutional Trading of SBA Communications

Several hedge funds and other institutional investors have recently modified their holdings of SBAC. Evermay Wealth Management LLC bought a new stake in SBA Communications during the 4th quarter valued at $27,000. Independence Bank of Kentucky bought a new stake in shares of SBA Communications during the 1st quarter valued at $28,000. Graney & King LLC purchased a new stake in SBA Communications during the 4th quarter worth about $29,000. Stone House Investment Management LLC bought a new position in SBA Communications in the 1st quarter worth about $33,000. Finally, Allworth Financial LP boosted its stake in SBA Communications by 62.0% in the 1st quarter. Allworth Financial LP now owns 162 shares of the technology company’s stock worth $36,000 after purchasing an additional 62 shares during the period. Institutional investors own 97.35% of the company’s stock.

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC.