Weekly Investment Analysts’ Ratings Updates for SBA Communications (SBAC)

SBA Communications (NASDAQ: SBAC) has recently received a number of price target changes and ratings updates:

• 8/5/2026 – SBA Communications had its price target lowered by Truist Financial Corporation from $248.00 to $238.00. They now have a “buy” rating on the stock.
• 8/4/2026 – SBA Communications had its “buy” rating reaffirmed by TD Cowen.
• 8/4/2026 – SBA Communications had its “market perform” rating reaffirmed by Citigroup Inc..
• 8/4/2026 – SBA Communications was upgraded by Wolfe Research from “hold” to “outperform”.
• 8/4/2026 – SBA Communications had its price target lowered by JPMorgan Chase & Co. from $230.00 to $220.00. They now have a “neutral” rating on the stock.
• 8/4/2026 – SBA Communications had its price target lowered by Morgan Stanley from $225.00 to $215.00. They now have an “equal weight” rating on the stock.
• 7/20/2026 – SBA Communications had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/17/2026 – SBA Communications was upgraded by Wells Fargo & Company from “equal weight” to “overweight”. They now have a $210.00 price target on the stock, down from $220.00.
• 7/10/2026 – SBA Communications had its price target lowered by Royal Bank Of Canada from $245.00 to $210.00. They now have an “outperform” rating on the stock.
• 6/26/2026 – SBA Communications is now covered by The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $205.00 price target on the stock.
• 6/26/2026 – SBA Communications had its “hold” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $205.00 price target on the stock.

SBA Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 20th will be given a $1.25 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $5.00 annualized dividend and a yield of 2.7%. SBA Communications’s payout ratio is currently 53.88%.

SBA Communications Corporation (NASDAQ: SBAC) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its core business is the leasing of space on communications towers, rooftop sites and other wireless structures to mobile network operators, broadband providers and other wireless service customers. The company also provides site development, construction and ongoing site management services to support the deployment and operation of wireless networks.

In addition to traditional macro towers, SBA offers a range of infrastructure solutions designed for dense urban and suburban markets, including small cells, distributed antenna systems (DAS) and fiber backhaul and transport services.