Professional
Added to YB: 2024-05-21
Pitch date: 2024-03-31
SBAC [bullish]
SBA Communications Corporation
-8.33%
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
$209.08
Price Target
N/A
Dividend
2.27%
EV/EBITDA
14.77
P/E
24.63
EV/Sales
12.74
Sector
Specialized REITs
Category
value
Diamond Hill Select Fund New Portfolio Holding: SBA Communications Corporation
SBAC: Tower REIT facing near-term headwinds from higher rates & slowing 5G/DISH concerns. Long-term outlook remains attractive given high-quality biz. Took advantage of recent valuation pullback to start a position. Bullish on towers over the long-run.
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