SBAC
SBA Communications Corporation Real Estate - REIT - Specialty Investor Relations →
SBA Communications Corporation (SBAC) closed at $180.74 as of 2026-02-02, trading 21.6% below its 200-week moving average of $230.47. This places SBAC in the extreme value zone. The stock is currently moving closer to the line, down from -20.4% last week. The 14-week RSI sits at 41, indicating neutral momentum.
Over the past 1342 weeks of data, SBAC has crossed below its 200-week moving average 12 times. On average, these episodes lasted 34 weeks. The average one-year return after crossing below was -0.9%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $19.3 billion, SBAC is a large-cap stock. The company generates a free cash flow yield of 1.1%. The stock trades at -3.9x book value.
Over the past 25.8 years, a hypothetical investment of $100 in SBAC would have grown to $513, compared to $766 for the S&P 500. SBAC has returned 6.5% annualized vs 8.2% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 1.6% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: SBAC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After SBAC Crosses Below the Line?
Across 12 historical episodes, buying SBAC when it crossed below its 200-week moving average produced an average return of -1.2% after 12 months (median +19.0%), compared to +12.9% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +5.6% vs +22.5% for the index.
Each line shows $100 invested at the moment SBAC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
SBAC has crossed below its 200-week MA 12 times with an average 1-year return of +-0.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2001 | Feb 2001 | 1 | 0.0% | -90.2% | +526.2% |
| Mar 2001 | Apr 2001 | 6 | 54.6% | -80.0% | +845.9% |
| May 2001 | Oct 2004 | 181 | 99.0% | -92.9% | +583.2% |
| Sep 2008 | Mar 2009 | 26 | 56.6% | +26.7% | +855.9% |
| Apr 2009 | Sep 2009 | 21 | 15.2% | +41.3% | +673.1% |
| Sep 2009 | Oct 2009 | 1 | 4.3% | +55.3% | +654.3% |
| Feb 2016 | Feb 2016 | 2 | 2.6% | +20.5% | +120.4% |
| Nov 2016 | Nov 2016 | 1 | 0.9% | +70.6% | +97.6% |
| Nov 2016 | Dec 2016 | 2 | 3.7% | +75.0% | +102.4% |
| Oct 2022 | Nov 2022 | 5 | 13.8% | -25.9% | -27.2% |
| Dec 2022 | Jan 2023 | 3 | 2.1% | -10.0% | -32.0% |
| Feb 2023 | Ongoing | 156+ | 33.3% | Ongoing | -32.2% |
| Average | 34 | — | +-0.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02