Summary: SBA Communications is a smaller cell tower REIT operating mostly in the US and South America. As such, it’s a solid choice for investors looking to target a narrow and specific cell tower REIT market. To buy SBA Communications stock, you can open an account at an online stock trading platform such as eToro.
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About SBA Communications
SBA Communication (NASDAQ: SBAC) is a US-based real estate investment trust (REIT) owning and operating wireless communications infrastructure, mostly antenna space on multi-tenant communication towers. It operates chiefly in the US, although it has a presence in South America as well. As far as REITs of its type go, SBA is somewhat modest in size; however, its solid track record and stock growth make up for it in the eyes of many investors.
How to buy SBA Communications stock: Step-by-step
SBA Communications became a public company in 1999. It is traded on NASDAQ under the ticker SBAC, so its stock is available on online stock trading platforms.
To buy SBAC shares, you can:
- Step 1: Choose a broker;
- Step 2: Register and fund your account;
- Step 3: Place your order;
- Step 4: Monitor your investment.
Step 1: Choose a broker
To start buying SBA Communications stock, you will have to find a reliable brokerage that lists its shares and aligns with your investment goals and strategies. To do that, you should consider factors such as fees and commissions, market access, market analysis tools, etc.
Our go-to broker for cell tower REIT investments is eToro, a leading investment platform with investing features such as:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- The option to purchase fractional shares;
- Charting tools;
- A user-friendly platform that simplifies the trading experience.
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
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0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
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Copy top-performing traders in real time, automatically.
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eToro USA is registered with FINRA for securities trading.
Step 2: Register and fund your account
Once you’ve found a brokerage, you can register and fund a trading account. The registration details will vary from broker to broker, but it usually takes a few minutes to complete and requires some kind of know-your-customer (KYC) verification. As for funding, most major brokers allow bank transfers, electronic wallets, and third-party payment systems such as PayPal.
Step 3: Place your order
Next, you can place some orders and buy SBA Communications stock. To do that, just:
- Step 1: Log into your trading account and find the SBAC stock within your broker’s interface;
- Step 2: Specify the dollar amount or the number of shares you intend to buy;
- Step 3: Choose the order type (market order or limit order, for immediate and future purchases at a pre-specified price range, respectively);
- Step 4: Review and execute the order.
Step 4: Monitor your investment
To be a successful investor, you will have to monitor the market and take a proactive approach to managing your investment portfolio. To do that, you can track market trends and assess the SBA Communications stock as often as possible. In addition, you can follow more experienced investors on social media, read up about any changes in the management board, etc.
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SBA Communications stock price today
Pros and cons of investing in SBA Communications stock
Pros
- Industry position: SBA Communications is one of the major tower space providers in the US;
- Solid track record: The company has been publicly traded since the ‘90s;
- Tech: The company invests in 5G tech, which is seeing increasing demand;
- Dividends: As a REIT, SBA Communications has to pay dividends.
Cons
- Interest rates: All REITs are sensitive to interest rate changes;
- Competition: The company faces competition from giants such as American Tower Corporation;
- Lack of global presence: Compared to some of its competitors, SBAC enjoys a rather limited global presence, operating mostly in the US and South America.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about the SBA Communications stock
What is the SBA Communications stock ticker?
SBA Communications is traded under the ticker SBAC.
Does SBA Communications pay dividends?
As a REIT, SBA Communications is required by law to distribute at least 90% of its income as dividends to shareholders.
How to buy SBAC stock?
To buy SBAC stock, you can open a trading account at an online stock trading platform such as eToro.
Is SBA Communications stock risky?
All investments are inherently risky. REIT-related investment risks may include competition, regulatory changes, and economic factors such as interest rates.
Is SBAC a good buy?
SBAC is considered a solid buy for those looking to invest in cell tower REITs in the US.
Is SBA Communications a REIT?
Yes, SBA Communications is a REIT.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
