Why These 15 Real Estate Stocks Are Surging In 2025

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11. SBA Communications Corp (NASDAQ:SBAC)

Number of Hedge Fund Holders In Q4 2024: 44

SBA Communications Corp (NASDAQ:SBAC) is a leading independent owner and operator of wireless communications infrastructure, such as towers, buildings, distributed antenna systems, and small cells, primarily leasing antenna space to wireless service providers.

The stock’s strong performance in 2025 has been underpinned by robust domestic leasing revenue growth. Despite missing earnings per share estimates by $0.34, revenue slightly exceeded expectations, and the company raised its full-year outlook for both revenue and EBITDA due to a substantial backlog and ongoing network investment by US mobile operators.

The most impactful event was the announcement of a new $1.5 billion share repurchase program in April 2025, which demonstrated management’s confidence in future growth and directly supported the stock price. SBA also exited less profitable international markets, including the Philippines and Colombia, to focus on higher-growth domestic operations.

The consensus price target of $252.38 implies 5.82% upside.

SBAC stock is up 17.63% year-to-date.

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