NASDAQ:UNIT Uniti Group (UNIT) Stock Price, News & Analysis → CEO of Biggest AI Chipmaker Just Dropped a Bombshell… (From Banyan Hill Publishing) (Ad) Free UNIT Stock Alerts $3.87 +0.07 (+1.84%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$3.80▼$3.9550-Day Range$3.80▼$6.5652-Week Range$3.39▼$6.71Volume2.70 million shsAverage Volume3.69 million shsMarket Capitalization$929.81 millionP/E Ratio64.51Dividend Yield15.50%Price Target$6.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Uniti Group alerts: Email Address Uniti Group MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside61.5% Upside$6.25 Price TargetShort InterestBearish9.06% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.12Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth11.94%From $1.34 to $1.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.16 out of 5 starsFinance Sector482nd out of 876 stocksReal Estate Investment Trusts Industry102nd out of 182 stocks 3.1 Analyst's Opinion Consensus RatingUniti Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageUniti Group has only been the subject of 3 research reports in the past 90 days.Read more about Uniti Group's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.06% of the float of Uniti Group has been sold short.Short Interest Ratio / Days to CoverUniti Group has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in Uniti Group has recently increased by 19.12%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 15.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthUniti Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Uniti Group is 1,000.17%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Uniti Group will have a dividend payout ratio of 40.00% next year. This indicates that Uniti Group will be able to sustain or increase its dividend.Read more about Uniti Group's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UNIT. Previous Next 2.8 News and Social Media Coverage News SentimentUniti Group has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Uniti Group this week, compared to 2 articles on an average week.Search Interest34 people have searched for UNIT on MarketBeat in the last 30 days. This is an increase of 127% compared to the previous 30 days.MarketBeat Follows17 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is an increase of 143% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Uniti Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.39% of the stock of Uniti Group is held by insiders.Percentage Held by Institutions87.51% of the stock of Uniti Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Uniti Group's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Uniti Group are expected to grow by 11.94% in the coming year, from $1.34 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Uniti Group is 64.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Uniti Group is 64.51, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 50.78.Read more about Uniti Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About Uniti Group Stock (NASDAQ:UNIT)Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of December 31, 2023, Uniti owns approximately 140,000 fiber route miles, 8.5 million fiber strand miles, and other communications real estate throughout the United States.Read More UNIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UNIT Stock News HeadlinesMay 8, 2024 | americanbankingnews.comRaymond James Downgrades Uniti Group (NASDAQ:UNIT) to OutperformMay 7, 2024 | globenewswire.comUniti Group Inc. to Participate at the Goldman Sachs 9th Annual Leveraged Finance and Credit ConferenceMay 11, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...May 6, 2024 | globenewswire.comUniti Group Inc. Announces Pricing of Senior Secured Notes OfferingMay 6, 2024 | investorplace.com7 REITs to Sell in May Before They Crash and BurnMay 6, 2024 | globenewswire.comUniti Group Inc. Announces Private Offering of Senior Secured NotesMay 5, 2024 | americanbankingnews.comUniti Group (NASDAQ:UNIT) Shares Gap Down to $6.03May 4, 2024 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q1 2024 Earnings Call TranscriptMay 11, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...May 3, 2024 | businesswire.comUNITI GROUP INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Uniti Group Inc. - UNITMay 3, 2024 | businesswire.comUNITI GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Uniti Group Inc. - UNITMay 3, 2024 | seekingalpha.comUniti Group Inc. 2024 Q1 - Results - Earnings Call PresentationMay 3, 2024 | investorplace.comUNIT Stock Earnings: Uniti Group Misses Revenue for Q1 2024May 3, 2024 | businesswire.comUNIT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Uniti Group Inc. Is Fair to ShareholdersMay 3, 2024 | msn.comUniti, Windstream agree to merger deal to expand fiber networkMay 3, 2024 | finance.yahoo.comUniti Group Inc. (UNIT) Q1 2024 Earnings: Surpasses Net Income Expectations and Announces ...May 3, 2024 | globenewswire.comUniti Group Inc. Reports First Quarter 2024 ResultsMay 3, 2024 | globenewswire.comUniti to Merge with Windstream Creating Premier Insurgent Fiber ProviderMay 2, 2024 | globenewswire.comUniti Group Inc. Declares $0.15 Per Share Quarterly DividendApril 23, 2024 | msn.comUniti Group jumps on report nearing deal with WindstreamApril 23, 2024 | globenewswire.comUniti Group Inc. To Report First Quarter 2024 Financial Results and Host Conference CallApril 11, 2024 | globenewswire.comUniti Group Inc. Releases 2023 Environmental, Social and Governance ReportApril 10, 2024 | globenewswire.comUniti Announces Network Expansion in Huntsville Through Large Hyperscaler Contract AwardMarch 5, 2024 | globenewswire.comUniti Group Inc. to Participate at the Deutsche Bank 32nd Annual Media, Internet & Telecom ConferenceMarch 5, 2024 | seekingalpha.comUniti Group: High Yield Comes With Too Much DebtMarch 1, 2024 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | msn.comUniti stock slides after Q4 revenue miss, disappointing 2024 guidanceSee More Headlines Receive UNIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Uniti Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/05/2022Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Today5/10/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNASDAQ:UNIT Previous SymbolNASDAQ:CSALV CUSIPN/A CIK1620280 Webwww.uniti.com Phone(501) 850-0820FaxN/AEmployees813Year Founded2014Price Target and Rating Average Stock Price Target$6.25 High Stock Price Target$10.00 Low Stock Price Target$3.50 Potential Upside/Downside+61.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.06 Trailing P/E Ratio64.51 Forward P/E Ratio2.89 P/E GrowthN/ANet Income$-81,710,000.00 Net Margins1.43% Pretax Margin-8.25% Return on Equity-0.68% Return on Assets0.33% Debt Debt-to-Equity RatioN/A Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$1.15 billion Price / Sales0.81 Cash Flow$1.65 per share Price / Cash Flow2.35 Book Value($10.41) per share Price / Book-0.37Miscellaneous Outstanding Shares240,257,000Free Float236,889,000Market Cap$929.79 million OptionableOptionable Beta1.40 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Kenneth A. Gunderman (Age 53)President, CEO & Director Comp: $1.75MMr. Paul Bullington (Age 51)Senior VP, CFO & Treasurer Comp: $888.52kMr. Michael Friloux (Age 58)Executive VP & CTO Comp: $660.73kMr. Daniel L. Heard (Age 49)Executive VP, General Counsel & Secretary Comp: $809.47kMr. Ronald J. Mudry (Age 62)Senior VP & Chief Revenue Officer Comp: $477.09kMr. Travis T. Black (Age 41)VP & Chief Accounting Officer Mr. Ric ChuraSenior VP & Chief Information OfficerMs. Jennifer RagsdaleSenior VP & Chief Administrative OfficerMr. Bill DiTullioVice President of Finance & Investor RelationsMr. Joseph E. McCourt Jr. (Age 62)President of Enterprise Sales - Uniti Fiber More ExecutivesKey CompetitorsPlymouth Industrial REITNYSE:PLYMARMOUR Residential REITNYSE:ARRNexPoint Residential TrustNYSE:NXRTSaul CentersNYSE:BFSService Properties TrustNASDAQ:SVCView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 542,485 shares on 5/10/2024Ownership: 16.000%Mizuho Markets Americas LLCBought 239,000 shares on 5/10/2024Ownership: 0.568%Jupiter Asset Management Ltd.Bought 432,158 shares on 5/10/2024Ownership: 0.283%Mitsubishi UFJ Trust & Banking CorpBought 24,211 shares on 5/10/2024Ownership: 0.115%ProShare Advisors LLCBought 3,339 shares on 5/8/2024Ownership: 0.020%View All Institutional Transactions UNIT Stock Analysis - Frequently Asked Questions Should I buy or sell Uniti Group stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UNIT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UNIT, but not buy additional shares or sell existing shares. View UNIT analyst ratings or view top-rated stocks. What is Uniti Group's stock price target for 2024? 4 brokers have issued twelve-month target prices for Uniti Group's stock. Their UNIT share price targets range from $3.50 to $10.00. On average, they predict the company's stock price to reach $6.25 in the next twelve months. This suggests a possible upside of 61.5% from the stock's current price. View analysts price targets for UNIT or view top-rated stocks among Wall Street analysts. How have UNIT shares performed in 2024? Uniti Group's stock was trading at $5.78 at the start of the year. Since then, UNIT shares have decreased by 33.0% and is now trading at $3.87. View the best growth stocks for 2024 here. When is Uniti Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our UNIT earnings forecast. How were Uniti Group's earnings last quarter? Uniti Group Inc. (NASDAQ:UNIT) posted its quarterly earnings data on Thursday, May, 5th. The real estate investment trust reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.41 by $0.20. The real estate investment trust earned $278 million during the quarter, compared to analysts' expectations of $278.94 million. Uniti Group had a net margin of 1.43% and a negative trailing twelve-month return on equity of 0.68%. Uniti Group's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 earnings per share. How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group? Uniti Group announced a quarterly dividend on Thursday, May 2nd. Investors of record on Friday, June 14th will be given a dividend of $0.15 per share on Friday, June 28th. This represents a $0.60 dividend on an annualized basis and a yield of 15.50%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for UNIT. Is Uniti Group a good dividend stock? Uniti Group (NASDAQ:UNIT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 15.79%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,000.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UNIT will have a dividend payout ratio of 40.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UNIT. What ETFs hold Uniti Group's stock? ETFs with the largest weight of Uniti Group (NASDAQ:UNIT) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), Invesco KBW Premium Yield Equity REIT ETF (KBWY), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT), IQ CBRE NextGen Real Estate ETF (ROOF), Global X Data Center & Digital Infrastructure ETF (VPN), Pacer Data & Infrastructure Real Estate ETF (SRVR), ALPS REIT Dividend Dogs ETF (RDOG) and Hoya Capital High Dividend Yield ETF (RIET). What guidance has Uniti Group issued on next quarter's earnings? Uniti Group issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 1.270-1.340 for the period, compared to the consensus EPS estimate of 1.290. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. What other stocks do shareholders of Uniti Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Uniti Group investors own include Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), Ford Motor (F), Lumen Technologies (LUMN), Annaly Capital Management (NLY), Windstream (WIN), Enterprise Products Partners (EPD), Macquarie Infrastructure (MIC) and Omega Healthcare Investors (OHI). Who are Uniti Group's major shareholders? Uniti Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (16.00%), LSV Asset Management (3.03%), Nordea Investment Management AB (0.69%), Mizuho Markets Americas LLC (0.57%), Principal Financial Group Inc. (0.56%) and Jupiter Asset Management Ltd. (0.28%). View institutional ownership trends. How do I buy shares of Uniti Group? Shares of UNIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Uniti Group have any subsidiaries? The following companies are subsidiares of Uniti Group: Amphenol Alden Products Mexico S.A. de C.V..Read More This page (NASDAQ:UNIT) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHow Biden has already won 2024Porter & CompanyRSVP: Charles Payne’s Cash Flow WorkshopUnstoppable ProsperityThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market InsidersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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