SBAC (SBA Communications) Shares Buyback Ratio %: 1.30 (As of Aug. 22, 2026)

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SBAC SBA Communications Corp SBAC
83 GF Score
Price $182.67
GF Value $225.76
Valuation Modestly Undervalued
! 5 Warning Signs
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What is SBA Communications Shares Buyback Ratio %?

SBA Communications SBAC +1.17% 83 Shares Buyback Ratio % is 1.30 as of Aug. 22, 2026. GuruFocus rates SBAC with a GF Score™ of 83/100 and a GF Value™ of $225.76 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. SBA Communications's current shares buyback ratio was 1.30%.

SBA Communications Shares Buyback Ratio % Related Terms

SBA Communications Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for SBA Communications's Shares Buyback Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SBA Communications Shares Buyback Ratio % Chart

SBA Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.88 -0.05 0.45 1.76

SBA Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shares Buyback Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.66 1.04 -0.38 -0.02
SBAC
83GF Score
SBA Communications Corp SBAC
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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SBA Communications Shares Buyback Ratio % Calculation

SBA Communications's Shares Buyback Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Dec. 2024 ) - Shares Outstanding (EOP) (A: Dec. 2025 )) / Shares Outstanding (EOP) (A: Dec. 2024 )
=(107.561 - 105.666) / 107.561
=1.76%

SBA Communications's Shares Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2026 ) - Shares Outstanding (EOP) (A: Jun. 2026 )) / Shares Outstanding (EOP) (A: Mar. 2026 )
=(106.063 - 106.088) / 106.063
=-0.02%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of 1.30 mean?
SBA Communications (SBAC) has a Shares Buyback Ratio % of 1.30 as of Aug. 22, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on SBA Communications and its competitors.
Is SBA Communications' Shares Buyback Ratio % too high?
SBA Communications' current Shares Buyback Ratio % is 1.30. Overall, SBA Communications has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' Shares Buyback Ratio % compare to WY and LAMR?
SBA Communications' Shares Buyback Ratio % of 1.30 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Buyback Ratio % for a REITs company?
A good Shares Buyback Ratio % depends on the REITs industry context. However, Shares Buyback Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on SBA Communications and its competitors. SBA Communications's current Shares Buyback Ratio % is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBA Communications stock overvalued right now?
Based on GuruFocus' analysis, SBA Communications (SBAC) is currently considered Modestly Undervalued. The stock's GF Value™ is $225.76, compared to a current price of $182.67 — trading 19.1% below its estimated fair value. The current Shares Buyback Ratio % is 1.30. SBA Communications' overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For SBA Communications (SBAC), the current Shares Buyback Ratio % is 1.30 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SBA Communications (SBAC) Overvalued in 2026?

Based on GuruFocus' analysis, SBA Communications stock appears to be undervalued. The current stock price of $182.67 is trading 19.1% below its estimated GF Value™ of $225.76. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • Shares Buyback Ratio %: 1.30
  • GF Value™: $225.76 vs. price of $182.67 (19.1% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the SBAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SBA Communications Business Description

Industry Real EstateREITs
Other Exchanges 0KYZ:UK4SB:Germany
Address 8051 Congress Avenue, Boca Raton, FL, USA, 33487
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
83GF Score

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Shares Buyback Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$182.67
Price
$225.76
GF Value