NASDAQ:UNIT

Uniti Group Stock Forecast, Price & News

$10.92
+0.07 (+0.65 %)
(As of 06/15/2021 12:00 AM ET)
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Today's Range
$10.80
$10.92
50-Day Range
$10.44
$11.40
52-Week Range
$8.54
$13.40
Volume972,497 shs
Average Volume1.92 million shs
Market Capitalization$2.55 billion
P/E RatioN/A
Dividend Yield5.53%
Beta0.89
30 days | 90 days | 365 days | Advanced Chart
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Uniti Group logo

About Uniti Group

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 wireless infrastructure solutions for the communications industry. As of September 30, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States.

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Miscellaneous


MarketRank

Overall MarketRank

1.84 out of 5 stars

Finance Sector

314th out of 1,977 stocks

Real Estate Investment Trusts Industry

74th out of 275 stocks

Analyst Opinion: 1.1Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Uniti Group (NASDAQ:UNIT) Frequently Asked Questions

Is Uniti Group a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 1 sell rating, 4 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Uniti Group stock. 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 analyst ratings for Uniti Group
or view top-rated stocks.

What stocks does MarketBeat like better than Uniti Group?

Wall Street analysts have given Uniti Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Uniti Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Uniti Group's next earnings date?

Uniti Group is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Uniti Group
.

How were Uniti Group's earnings last quarter?

Uniti Group Inc. (NASDAQ:UNIT) released its earnings results on Thursday, May, 6th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.41.
View Uniti Group's earnings history
.

How has Uniti Group's stock price been impacted by Coronavirus?

Uniti Group's stock was trading at $8.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, UNIT shares have increased by 23.0% and is now trading at $10.92.
View which stocks have been most impacted by COVID-19
.

How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group?

Uniti Group announced a quarterly dividend on Tuesday, May 4th. Stockholders of record on Friday, June 18th will be paid a dividend of $0.15 per share on Friday, July 2nd. This represents a $0.60 annualized dividend and a yield of 5.49%. The ex-dividend date of this dividend is Thursday, June 17th.
View Uniti Group's dividend history
.

Is Uniti Group a good dividend stock?

Uniti Group pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.53%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Uniti Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Uniti Group is 34.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Uniti Group will have a dividend payout ratio of 36.81% next year. This indicates that Uniti Group will be able to sustain or increase its dividend.
View Uniti Group's dividend history.

What guidance has Uniti Group issued on next quarter's earnings?

Uniti Group issued an update on its FY 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of 1.610-1.650 for the period. The company issued revenue guidance of $1.08 billion-$1.09 billion, compared to the consensus revenue estimate of $1.09 billion.

What price target have analysts set for UNIT?

6 Wall Street analysts have issued 12 month target prices for Uniti Group's stock. Their forecasts range from $9.50 to $16.00. On average, they expect Uniti Group's share price to reach $11.10 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
View analysts' price targets for Uniti Group
or view top-rated stocks among Wall Street analysts.

Who are Uniti Group's key executives?

Uniti Group's management team includes the following people:
  • Mr. Kenneth A. Gunderman, Pres, CEO & Director (Age 50, Pay $2.84M)
  • Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 46, Pay $1.19M)
  • Mr. Mark A. Wallace CPA, Exec. VP, CFO & Treasurer (Leave of Absence) (Age 64, Pay $1.62M)
  • Mr. Paul Bullington, Sr. VP, Interim CFO & Treasurer
  • Mr. Michael Friloux, Sr. VP & Chief Technology Officer
  • Mr. Travis T. Black, Interim Principal Accounting Officer (Age 39)
  • Mr. Bill DiTullio, VP of Fin. & Investor Relations
  • Ms. Jennifer Ragsdale, Sr. VP of HR
  • Mr. Ronald J. Mudry, Chief Revenue Officer & Sr. VP (Age 59)
  • Mr. Andy Newton, Pres of Uniti Fiber

Who are some of Uniti Group's key competitors?

What other stocks do shareholders of Uniti Group own?

What is Uniti Group's stock symbol?

Uniti Group trades on the NASDAQ under the ticker symbol "UNIT."

Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.96%), Geode Capital Management LLC (1.78%), Northern Trust Corp (1.08%), Dimensional Fund Advisors LP (1.06%), Nomura Holdings Inc. (1.03%) and Morgan Stanley (0.88%).
View institutional ownership trends for Uniti Group
.

Which major investors are selling Uniti Group stock?

UNIT stock was sold by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Mirae Asset Global Investments Co. Ltd., Clear Street Markets LLC, D. E. Shaw & Co. Inc., Davidson Kempner Capital Management LP, Davidson Kempner Capital Management LP, Quantitative Systematic Strategies LLC, and Thrivent Financial for Lutherans.
View insider buying and selling activity for Uniti Group
or view top insider-selling stocks.

Which major investors are buying Uniti Group stock?

UNIT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Federated Hermes Inc., Colony Capital Inc., Dimensional Fund Advisors LP, Royal Bank of Canada, ARS Investment Partners LLC, Man Group plc, and Tudor Investment Corp Et Al.
View insider buying and selling activity for Uniti Group
or or view top insider-buying stocks.

How do I buy shares of Uniti Group?

Shares of UNIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Uniti Group's stock price today?

One share of UNIT stock can currently be purchased for approximately $10.92.

How much money does Uniti Group make?

Uniti Group has a market capitalization of $2.55 billion and generates $1.07 billion in revenue each year. The real estate investment trust earns $-706,300,000.00 in net income (profit) each year or $1.72 on an earnings per share basis.

How many employees does Uniti Group have?

Uniti Group employs 787 workers across the globe.

What is Uniti Group's official website?

The official website for Uniti Group is www.uniti.com.

Where are Uniti Group's headquarters?

Uniti Group is headquartered at 10802 EXECUTIVE CENTER DRIVE BENTON BUILDING SUITE 300, LITTLE ROCK AR, 72211.

How can I contact Uniti Group?

Uniti Group's mailing address is 10802 EXECUTIVE CENTER DRIVE BENTON BUILDING SUITE 300, LITTLE ROCK AR, 72211. The real estate investment trust can be reached via phone at 501-850-0820 or via email at [email protected]


This page was last updated on 6/15/2021 by MarketBeat.com Staff
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