NASDAQ:UNIT Uniti Group (UNIT) Stock Forecast, Price & News $4.98 -0.09 (-1.78%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$4.93▼$5.0950-Day Range$4.40▼$5.7952-Week Range$2.94▼$8.19Volume1.50 million shsAverage Volume2.98 million shsMarket Capitalization$1.19 billionP/E RatioN/ADividend Yield12.05%Price Target$6.61 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Uniti Group MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside32.7% Upside$6.61 Price TargetShort InterestBearish8.19% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.83Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth5.84%From $1.37 to $1.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsFinance Sector529th out of 817 stocksReal Estate Investment Trusts Industry108th out of 173 stocks 3.1 Analyst's Opinion Consensus RatingUniti Group has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.61, Uniti Group has a forecasted upside of 32.7% from its current price of $4.98.Amount of Analyst CoverageUniti Group has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.19% 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 6.7.Change versus previous month Previous Next 2.5 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 11.67%, 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 SustainabilityBased on earnings estimates, Uniti Group will have a dividend payout ratio of 41.38% next year. This indicates that Uniti Group will be able to sustain or increase its 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 3.2 News and Social Media Coverage News SentimentUniti Group has a news sentiment score of 0.83. 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 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Uniti Group this week, compared to 1 article on an average week.Search InterestOnly 17 people have searched for UNIT on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.MarketBeat Follows11 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is an increase of 22% 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 1.20% of the stock of Uniti Group is held by insiders.Percentage Held by Institutions89.08% of the stock of Uniti Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Uniti Group are expected to grow by 5.84% in the coming year, from $1.37 to $1.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Uniti Group is -9.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Uniti Group is -9.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Uniti Group (NASDAQ:UNIT) StockUniti, 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 June 30, 2023, Uniti owns approximately 138,000 fiber route miles, 8.3 million fiber strand miles, and other communications real estate throughout the United States.Read More UNIT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UNIT Stock News HeadlinesSeptember 17, 2023 | americanbankingnews.comUniti Group (NASDAQ:UNIT) Shares Gap Up to $4.82September 16, 2023 | americanbankingnews.comUniti Group Inc. (NASDAQ:UNIT) Receives Average Recommendation of "Hold" from BrokeragesSeptember 22, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 15, 2023 | finance.yahoo.comUniti Group Inc (UNIT): A Deep Dive into Its Performance PotentialAugust 21, 2023 | nasdaq.comRBC Capital Reiterates Uniti Group (UNIT) Sector Perform RecommendationAugust 10, 2023 | seekingalpha.comUniti Group Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 4, 2023 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q2 2023 Earnings Call TranscriptJuly 26, 2023 | seekingalpha.com4 Reasons To Buy Uniti StockSeptember 22, 2023 | Legacy Research (Ad)The Real Reason They Murdered JFK?Some people believe JFK was murdered because of his executive order 11110 that would have reduced the power of the Federal Reserve. Regardless if that’s true or not… The Fed is now involved in a new controversy that could have drastic consequences for the US dollar.June 1, 2023 | msn.comMorgan Stanley Maintains Uniti Group (UNIT) Underweight RecommendationMay 12, 2023 | msn.comRBC Capital Maintains Uniti Group (UNIT) Sector Perform RecommendationMay 5, 2023 | msn.comGoldman Sachs Maintains Uniti Group (UNIT) Neutral RecommendationMay 5, 2023 | msn.comBarclays Maintains Uniti Group (UNIT) Equal-Weight RecommendationMay 4, 2023 | msn.comUniti rises after posting Q1 beat, guidance in-line with consensusApril 13, 2023 | benzinga.comUniti Group Inc. Releases 2022 Environmental, Social and Governance ReportMarch 28, 2023 | seekingalpha.comUniti (UNIT) Presents At J.P. Morgan 2023 Global High Yield & Leveraged Finance ConferenceMarch 11, 2023 | finance.yahoo.comKenneth Gunderman Is The President of Uniti Group Inc. (NASDAQ:UNIT) And They Just Picked Up 20% More SharesMarch 11, 2023 | finance.yahoo.comAs Uniti Group Inc.'s market cap (NASDAQ:UNIT) drops to US$1.0b, insiders might be questioning their decision to buy earlier this yearMarch 9, 2023 | msn.comA Look Into Uniti Group's DebtFebruary 3, 2023 | msn.comUniti prices upsized senior secured notes offering of $2.6BJanuary 19, 2023 | benzinga.comUniti Group Inc. To Report Fourth Quarter and Full Year 2022 Financial Results and Host Conference CallDecember 26, 2022 | finance.yahoo.comStrong week for Uniti Group (NASDAQ:UNIT) shareholders doesn't alleviate pain of five-year lossNovember 9, 2022 | finance.yahoo.comUniti Group Third Quarter 2022 Earnings: EPS Misses ExpectationsNovember 3, 2022 | seekingalpha.comUniti stock dips as adjusted FFO outlook stays same after Q3 beatSeptember 12, 2022 | finance.yahoo.comShould You Be Adding Uniti Group (NASDAQ:UNIT) To Your Watchlist Today?August 15, 2022 | finance.yahoo.comWhat Kind Of Investors Own Most Of Uniti Group Inc. (NASDAQ:UNIT)?July 19, 2022 | finance.yahoo.comUniti Group (NASDAQ:UNIT) shareholders have endured a 46% loss from investing in the stock five years agoSee 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 UNIT Company Calendar Last Earnings5/05/2022Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Ex-Dividend for 9/22 Dividend9/07/2023Today9/21/2023Dividend Payable9/22/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:UNIT Previous SymbolNASDAQ:CSALV CUSIPN/A CIK1620280 Webwww.uniti.com Phone(501) 850-0820FaxN/AEmployees784Year Founded2014Price Target and Rating Average Stock Price Forecast$6.61 High Stock Price Forecast$9.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+32.7%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.50) Trailing P/E RatioN/A Forward P/E Ratio3.64 P/E GrowthN/ANet Income$-8,270,000.00 Net Margins-9.50% Pretax Margin-12.10% Return on EquityN/A Return on Assets-2.20% Debt Debt-to-Equity RatioN/A Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$1.13 billion Price / Sales1.05 Cash Flow$2.22 per share Price / Cash Flow2.24 Book Value($9.58) per share Price / Book-0.52Miscellaneous Outstanding Shares238,690,000Free Float235,825,000Market Cap$1.19 billion OptionableOptionable Beta1.36 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Kenneth A. Gunderman (Age 52)Pres, CEO & Director Comp: $2.04MMr. Paul Bullington (Age 50)Sr. VP, CFO & Treasurer Comp: $981.28kMr. Michael Friloux (Age 57)Exec. VP & CTO Comp: $729.31kMr. Daniel L. Heard (Age 48)Exec. VP, Gen. Counsel & Sec. Comp: $893.52kMr. Travis T. Black (Age 41)VP & Chief Accounting Officer Mr. Ric ChuraSr. VP & Chief Information OfficerMs. Jennifer RagsdaleSr. VP & Chief Admin. OfficerMr. Bill DiTullioVP of Fin. & Investor RelationsMr. Ronald J. Mudry (Age 61)Sr. VP & Chief Revenue Officer Mr. Joseph E. McCourt Jr. (Age 61)Pres of Enterprise Sales - Uniti Fiber More ExecutivesKey CompetitorsSafeholdNYSE:SAFEAmerican Assets TrustNYSE:AATAlexander & BaldwinNYSE:ALEXEasterly Government PropertiesNYSE:DEACoreCivicNYSE:CXWView All CompetitorsInsiders & InstitutionsDavidson Kempner Capital Management LPBought 2,480,000 shares on 9/12/2023Ownership: 1.039%Strategic Financial Concepts LLCBought 66,484 shares on 9/7/2023Ownership: 0.059%Virginia Retirement Systems ET ALBought 19,500 shares on 8/22/2023Ownership: 0.008%Teachers Retirement System of The State of KentuckyBought 4,168 shares on 8/21/2023Ownership: 0.032%Osaic Holdings Inc.Bought 3,495 shares on 8/21/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions UNIT Stock - Frequently Asked Questions Should I buy or sell Uniti Group stock right now? 7 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, 1 buy rating and 1 strong buy rating 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 forecast for 2023? 7 brokers have issued 12-month target prices for Uniti Group's shares. Their UNIT share price forecasts range from $4.00 to $9.00. On average, they expect the company's stock price to reach $6.61 in the next twelve months. This suggests a possible upside of 32.7% 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 2023? Uniti Group's stock was trading at $5.53 on January 1st, 2023. Since then, UNIT shares have decreased by 9.9% and is now trading at $4.98. View the best growth stocks for 2023 here. When is Uniti Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our UNIT earnings forecast. How were Uniti Group's earnings last quarter? Uniti Group Inc. (NASDAQ:UNIT) issued its quarterly earnings data 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 real estate investment trust had revenue of $278 million for the quarter, compared to analyst estimates of $278.94 million. The business's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior 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 declared a quarterly dividend on Friday, July 28th. Investors of record on Friday, September 8th will be given a dividend of $0.15 per share on Friday, September 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.05%. The ex-dividend date of this dividend is Thursday, September 7th. 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), Pacer Data & Infrastructure Real Estate ETF (SRVR), IQ CBRE NextGen Real Estate ETF (ROOF), ALPS REIT Dividend Dogs ETF (RDOG), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Hoya Capital High Dividend Yield ETF (RIET) and Global X SuperDividend ETF (SDIV). 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 11.67%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for UNIT. What guidance has Uniti Group issued on next quarter's earnings? Uniti Group updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.15 billion-$1.17 billion, compared to the consensus revenue estimate of $1.16 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). 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.49%), State Street Corp (4.17%), LSV Asset Management (3.10%), Pacer Advisors Inc. (2.61%), Charles Schwab Investment Management Inc. (2.47%) and Geode Capital Management LLC (2.26%). 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 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 $4.98. How much money does Uniti Group make? Uniti Group (NASDAQ:UNIT) has a market capitalization of $1.19 billion and generates $1.13 billion in revenue each year. The real estate investment trust earns $-8,270,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis. How many employees does Uniti Group have? The company employs 784 workers across the globe. 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 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 official website for the company is www.uniti.com. The real estate investment trust can be reached via phone at (501) 850-0820 or via email at investor.relations@cslreit.com. This page (NASDAQ:UNIT) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Uniti Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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