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Added to YB: 2024-09-30

Pitch date: 2024-08-01

SBAC [bullish]

SBA Communications Corporation

-7.07%

current return

Author Info

No bio for this author

Company Info

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure.

Market Cap

$22.0B

Pitch Price

$222.56

Price Target

N/A

Dividend

2.41%

EV/EBITDA

16.98

P/E

21.84

EV/Sales

13.05

Sector

Specialized REITs

Category

growth

Show full summary:
TCW Global Real Estate Fund New Position: SBA Communications Corporation

SBAC: US-focused macro cell tower REIT w/ int'l exposure. 6-7% growth from data traffic, wireless penetration & 5G rollout (50% coverage deployed). 70%+ EBITDA margins via high operating leverage. Promising organic growth prospects in US, S/C America, Canada & S Africa.

Read full article (1 min)