The market hates cell tower REITs. Despite the market rally, prices remain near 52-week lows. SBA delivered yet another outstanding quarter and signed a new master lease agreement to keep the strength
SBA Communications Corp ( SBAC , Financial) is a leading player in the Real Estate Investment Trusts (REITs) industry. As of August 1, 2023, the company's stock price stands at $229.24, with a market
SBA Communications (SBAC) reports better-than-anticipated Q2 results on healthy leasing activity amid elevated tower space demand. It has also raised its outlook for 2023.
SBA Communications Corporation (NASDAQ:SBAC ) Q2 2023 Earnings Conference Call July 31, 2023 5:00 PM ET Company Participants Mark DeRussy - Vice President of Finance Brendan Cavanagh - Chief Financial
Although the revenue and EPS for SBA Communications (SBAC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wa
SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.24 per share, beating the Zacks Consensus Estimate of $3.14 per share. This compares to FFO of $3.07 per share a yea

SBA Communications: Looking For That Buy Point

01:28pm, Friday, 28'th Jul 2023
Tower REITs have suffered more than the REIT indices. A lot of it was a reversal from extreme valuations at the late 2021 peak. SBA Communications is coming close to its historical multiples, but the
UDR's Q2 results reflect a year-over-year rise in revenues, driven by healthy operating trends and past accretive external growth investments. The company has also revised its 2023 outlook.
SBA Communications' (SBAC) Q2 earnings are likely to have benefited from the robust demand for its wireless communication assets by carriers. However, high interest expenses might have hurt it.

Tower REITs, Carriers And Lead-Sheathed Cables

05:53pm, Thursday, 20'th Jul 2023
Market reaction appears significantly overdone with regard to concerns tied to lead-sheathed cables. In one day, market cap for carriers was down $20 billion. For tower REITs, down $8 billion. The cos

10 Big REIT Bargains

03:26pm, Friday, 14'th Jul 2023
Each REIT looks too cheap to me. Most of these already are in my portfolio. There's an emphasis on quality. No trash gets thrown in for having a big yield.
SBA Communications (SBAC) could produce exceptional returns because of its solid growth attributes.
The consensus price target hints at a 28% upside potential for SBA Communications (SBAC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its second quarter results on Monday, July 31, 2023 after marke

REITs Smacked Down

06:02pm, Wednesday, 24'th May 2023
The sector got pounded hard today. The biggest decliners fell over 10%.
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