NASDAQ:UNIT Uniti Group (UNIT) Stock Price, News & Analysis $3.69 +0.07 (+1.93%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$3.59▼$3.7150-Day Range$2.65▼$3.9052-Week Range$2.57▼$6.71Volume3.28 million shsAverage Volume2.57 million shsMarket Capitalization$886.56 millionP/E Ratio61.51Dividend Yield16.26%Price Target$6.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Uniti Group alerts: Email Address Uniti Group MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside69.4% Upside$6.25 Price TargetShort InterestHealthy7.26% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.34Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.78 out of 5 starsFinance Sector518th out of 898 stocksReal Estate Investment Trusts Industry101st out of 181 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 1 research reports in the past 90 days.Read more about Uniti Group's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.26% 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 4.6.Change versus previous monthShort interest in Uniti Group has recently decreased by 5.29%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 17.09%, 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.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 3.0 News and Social Media Coverage News SentimentUniti Group has a news sentiment score of 1.34. 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 higher news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Uniti Group this week, compared to 2 articles on an average week.Search InterestOnly 28 people have searched for UNIT on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% 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 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Uniti Group is 61.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Uniti Group is 61.51, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Read more about Uniti Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here 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 HeadlinesJuly 25 at 1:45 AM | americanbankingnews.comUniti Group (UNIT) Scheduled to Post Earnings on ThursdayJuly 8, 2024 | seekingalpha.comUniti Group: 17% Yield Bonds Offer A Better Play Than The StockJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 4, 2024 | 247wallst.com6 Under $10 Dividend Stocks to Buy NowJuly 1, 2024 | globenewswire.comUniti Group Inc. To Report Second Quarter 2024 Financial Results and Host Conference CallJune 21, 2024 | 247wallst.com3 Smartest Dividend Stocks to Buy With $100 Right NowMay 29, 2024 | globenewswire.comUniti Group Inc. to Present at the Nareit 2024 REITweek Investor ConferenceMay 21, 2024 | 247wallst.com6 Fresh Stocks Trading Under $10 That Pay Huge Ultra-Yield DividendsJuly 26, 2024 | DTI (Ad)We’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! May 15, 2024 | globenewswire.comUniti Group Inc. to Participate at the J.P. Morgan 52nd Annual Global Technology, Media and Communications ConferenceMay 15, 2024 | globenewswire.comUniti Group Inc. to Participate at the Barclays 2024 Leveraged Finance ConferenceMay 7, 2024 | globenewswire.comUniti Group Inc. to Participate at the Goldman Sachs 9th Annual Leveraged Finance and Credit ConferenceMay 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 4, 2024 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q1 2024 Earnings Call TranscriptMay 4, 2024 | seekingalpha.comUniti Group: One Day Of Carnage Results In A Fantastic OpportunityMay 3, 2024 | businesswire.comUNITI GROUP INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Uniti Group Inc. - UNITSee 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 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)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+69.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.06 Trailing P/E Ratio61.51 Forward P/E Ratio2.65 P/E GrowthN/ANet Income$-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 / Sales0.77 Cash Flow$1.98 per share Price / Cash Flow1.86 Book Value($10.41) per share Price / Book-0.35Miscellaneous Outstanding Shares240,260,000Free Float236,917,000Market Cap$886.56 million OptionableOptionable Beta1.29 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 CompetitorsParamount GroupNYSE:PGREMacerichNYSE:MACBlackstone Mortgage TrustNYSE:BXMTGranite Real Estate Inc. StapleNYSE:GRP.UPotlatchDelticNASDAQ:PCHView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 74,832 shares on 7/26/2024Ownership: 0.778%Bailard Inc.Sold 90,531 shares on 7/26/2024Ownership: 0.029%Optas LLCBought 27,056 shares on 7/25/2024Ownership: 0.011%Gilliland Jeter Wealth Management LLCSold 5,244 shares on 7/24/2024Ownership: 0.015%Everhart Financial Group Inc.Bought 14,039 shares on 7/24/2024Ownership: 0.006%View All Institutional Transactions UNIT Stock Analysis - Frequently Asked Questions How have UNIT shares performed this year? Uniti Group's stock was trading at $5.78 at the beginning of the year. Since then, UNIT shares have decreased by 36.2% and is now trading at $3.69. View the best growth stocks for 2024 here. How were Uniti Group's earnings last quarter? Uniti Group Inc. (NASDAQ:UNIT) posted its earnings results on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.20. The company's quarterly revenue was up 2.0% compared to the same quarter last year. Does Uniti Group have any subsidiaries? Uniti Group subsidiaries include Amphenol Alden Products Mexico S.A. de C.V.. Who are Uniti Group's major shareholders? Uniti Group's top institutional investors include Bank of New York Mellon Corp (0.78%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Nisa Investment Advisors LLC (0.08%) and ARS Investment Partners LLC (0.03%). 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. What other stocks do shareholders of Uniti Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Windstream (WIN). This page (NASDAQ:UNIT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. 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