13F
中

SBAC SBA COMMUNICATIONS CORP

2026Q1 · CUSIP 78410G104 · Sector: REITs

Neutral · No signal
Holders
663
Δ holders QoQ
-19
Breadth percentile
Top 92%
Whale holders
271
Δ whales
-5
Inst. holding value
$17.0B
New positions
96
Closed positions
115
Price momentum (1Q)
+0.8%
Put / Call
5/8

Breadth history (34 quarters)

2018Q1: Δ+13 · h=513 2018Q2: Δ-32 · h=481 2018Q3: Δ+1 · h=482 2018Q4: Δ+21 · h=503 2019Q1: Δ+15 · h=518 2019Q2: Δ-1 · h=517 2019Q3: Δ+43 · h=560 2019Q4: Δ+14 · h=574 2020Q1: Δ+17 · h=591 2020Q2: Δ+41 · h=632 2020Q3: Δ-12 · h=620 2020Q4: Δ+14 · h=634 2021Q1: Δ-40 · h=594 2021Q2: Δ+24 · h=618 2021Q3: Δ+10 · h=628 2021Q4: Δ+64 · h=692 2022Q1: Δ-22 · h=670 2022Q2: Δ-1 · h=669 2022Q3: Δ-13 · h=656 2022Q4: Δ+35 · h=691 2023Q1: Δ-9 · h=682 2023Q2: Δ-18 · h=664 2023Q3: Δ-30 · h=634 2023Q4: Δ+70 · h=704 2024Q1: Δ-35 · h=669 2024Q2: Δ-25 · h=644 2024Q3: Δ+38 · h=682 2024Q4: Δ-18 · h=664 2025Q1: Δ+28 · h=692 2025Q2: Δ+17 · h=709 2025Q3: Δ-32 · h=677 2025Q4: Δ+5 · h=682 2026Q1: Δ-19 · h=663 2018Q1: holders=513 2018Q2: holders=481 2018Q3: holders=482 2018Q4: holders=503 2019Q1: holders=518 2019Q2: holders=517 2019Q3: holders=560 2019Q4: holders=574 2020Q1: holders=591 2020Q2: holders=632 2020Q3: holders=620 2020Q4: holders=634 2021Q1: holders=594 2021Q2: holders=618 2021Q3: holders=628 2021Q4: holders=692 2022Q1: holders=670 2022Q2: holders=669 2022Q3: holders=656 2022Q4: holders=691 2023Q1: holders=682 2023Q2: holders=664 2023Q3: holders=634 2023Q4: holders=704 2024Q1: holders=669 2024Q2: holders=644 2024Q3: holders=682 2024Q4: holders=664 2025Q1: holders=692 2025Q2: holders=709 2025Q3: holders=677 2025Q4: holders=682 2026Q1: holders=663 -70 -35 +0 +35 +70 432589745 18Q119Q120Q121Q122Q123Q124Q125Q126Q1 Δ holders (bar) Holders (line)

Past Lit Events & Aftermath 14 lit events

Period Percentile Next-1Q return Next-2Q return
2025Q2 Top 18% -7.4% -7.3%
2025Q1 Top 7% -6.0% -15.6%
2024Q3 Top 7% -3.9% +4.0%
2023Q4 Top 6% -3.2% +6.6%
2022Q4 Top 11% -16.9% -21.0%
2021Q4 Top 7% +3.8% +13.8%
2021Q3 Top 18% -12.4% -9.0%
2021Q2 Top 11% -2.3% -11.9%

Options Sentiment

Put holders
5
QoQ: -1
Call holders
8
QoQ: +3

See methodology →

Fundamentals

PE (TTM)
19.5
EPS (TTM)
$9.50
EPS YoY
+25.7%
Revenue (TTM)
$2.9B
Revenue YoY
+6.3%
Quarterly Revenue & EPS (4Y)
2022-06-30: $652M 2022-09-30: $676M 2022-12-31: $686M 2023-03-31: $676M 2023-06-30: $679M 2023-09-30: $683M 2023-12-31: $675M 2024-03-31: $658M 2024-06-30: $660M 2024-09-30: $668M 2024-12-31: $694M 2025-03-31: $664M 2025-06-30: $699M 2025-09-30: $732M 2025-12-31: $720M 2026-03-31: $703M 2022-06-30: EPS 0.64 2022-09-30: EPS 0.91 2022-12-31: EPS 0.94 2023-03-31: EPS 0.93 2023-06-30: EPS 1.87 2023-09-30: EPS 0.80 2023-12-31: EPS 1.01 2024-03-31: EPS 1.42 2024-06-30: EPS 1.51 2024-09-30: EPS 2.40 2024-12-31: EPS 1.61 2025-03-31: EPS 2.04 2025-06-30: EPS 2.09 2025-09-30: EPS 2.20 2025-12-31: EPS 3.47 2026-03-31: EPS 1.74 0M 366M 732M $M 0.00 1.91 3.82 20222023202420252026 Revenue EPS

Quarterly figures; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 34 2023-03-31: PE 64.42023-06-30: PE 44.72023-09-30: PE 49.42023-12-31: PE 42.62024-03-31: PE 37.32024-06-30: PE 44.12024-09-30: PE 33.72024-12-31: PE 28.62025-03-31: PE 302025-06-30: PE 26.42025-09-30: PE 24.52025-12-31: PE 20.22026-03-31: PE 20.9 18 43 68 20222023202420252026

P/E = close 47 days after quarter-end (filing date) ÷ TTM EPS then; loss quarters hidden

As of 2026-03-31 · SEC filings (XBRL)