Professional
Added to YB: 2024-10-10
Pitch date: 2024-09-30
SBAC [bullish]
SBA Communications Corporation
-15.7%
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
$21.6B
Pitch Price
$235.23
Price Target
N/A
Dividend
2.19%
EV/EBITDA
15.09
P/E
25.55
EV/Sales
13.02
Sector
Specialized REITs
Category
growth
ClearBridge Mid Cap Strategy New Position: SBA Communications Corporation
SBAC (new position): Leading cellular tower operator with high customer retention & pricing power. Consistent growth in cellular data demand. Near-term telecom investment subdued, but long-term 5G rollout expected to boost customer spending. New position initiated in real estate sector.
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