Professional
Added to YB: 2024-09-30
Pitch date: 2024-08-01
SBAC [bullish]
SBA Communications Corporation
-14.33%
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 including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells.
Market Cap
$20.9B
Pitch Price
$225.43
Price Target
N/A
Dividend
2.27%
EV/EBITDA
14.77
P/E
24.63
EV/Sales
12.74
Sector
Specialized REITs
Category
growth
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.
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