Uniti Group Stock Price, News & Analysis (NASDAQ:UNIT) $5.78 +0.04 (+0.70%) (As of 08:54 AM ET) Add Compare Share Share Today's Range$5.78▼$5.7850-Day Range$4.15▼$5.9452-Week Range$2.94▼$6.86Volume695 shsAverage Volume2.68 million shsMarket Capitalization$1.38 billionP/E RatioN/ADividend Yield10.38%Price Target$6.22 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Uniti Group MarketRank™ Stock AnalysisAnalyst RatingHold2.13 Rating ScoreUpside/Downside8.3% Upside$6.22 Price TargetShort InterestBearish8.58% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth2.88%From $1.39 to $1.43 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.1.07 out of 5 starsFinance Sector744th out of 766 stocksReal Estate Investment Trusts Industry157th out of 163 stocks 1.1 Analyst's Opinion Consensus RatingUniti Group has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.22, Uniti Group has a forecasted upside of 8.3% from its current price of $5.74.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 Shorted8.58% 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 10.5, which indicates bearish sentiment.Change versus previous monthShort interest in Uniti Group has recently decreased by 4.43%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 10.27%, 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 41.96% 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Uniti Group this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for UNIT on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 0.72% 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 2.88% in the coming year, from $1.39 to $1.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Uniti Group is -31.89, 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 -31.89, 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 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 September 30, 2023, Uniti owns approximately 139,000 fiber route miles, 8.4 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 HeadlinesNovember 30, 2023 | americanbankingnews.comUniti Group Inc. (NASDAQ:UNIT) Given Average Rating of "Hold" by BrokeragesNovember 27, 2023 | msn.comUniti Group (UNIT) Price Target Increased by 6.17% to 6.07December 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!November 14, 2023 | benzinga.comUniti Group Inc. to Present at the BofA Securities 2023 Leveraged Finance ConferenceNovember 8, 2023 | msn.comUniti stock slides as BofA downgrades to Underperform on 'challenging dynamics'November 8, 2023 | msn.comB of A Securities Downgrades Uniti Group (UNIT)November 3, 2023 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comUniti Group Inc. Reports Q3 2023 Results: 2.7% Growth in Consolidated RevenueDecember 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!November 2, 2023 | seekingalpha.comUniti Group Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 10, 2023 | seekingalpha.comUniti Group: A Potential Value TrapOctober 9, 2023 | seekingalpha.comUniti Group: 13.4% Yield And The 17% Yield That Works BetterSeptember 22, 2023 | finance.yahoo.comIs Uniti Group (UNIT) Too Good to Be True? A Comprehensive Analysis of a Potential Value TrapSeptember 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 StockJune 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 yearSee 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 9/22 Dividend9/07/2023Dividend Payable9/22/2023Today12/05/2023Ex-Dividend for 1/4 Dividend12/14/2023Fiscal Year End12/31/2023Dividend Payable1/04/2024Next Earnings (Estimated)2/23/2024Get 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 Target$6.22 High Stock Price Target$9.00 Low Stock Price Target$3.50 Potential Upside/Downside+8.3%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($0.18) Trailing P/E RatioN/A Forward P/E Ratio4.13 P/E GrowthN/ANet Income$-8,270,000.00 Net Margins-2.95% Pretax Margin-8.12% Return on EquityN/A Return on Assets-0.68% Debt Debt-to-Equity RatioN/A Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$1.13 billion Price / Sales1.21 Cash Flow$2.25 per share Price / Cash Flow2.55 Book Value($9.58) per share Price / Book-0.60Miscellaneous Outstanding Shares238,670,000Free Float236,954,000Market Cap$1.37 billion OptionableOptionable Beta1.43 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Kenneth A. Gunderman (Age 52)President, CEO & Director Comp: $2.04MMr. Paul Bullington (Age 51)Senior VP, CFO & Treasurer Comp: $981.28kMr. Michael Friloux (Age 57)Executive VP & CTO Comp: $729.31kMr. Daniel L. Heard (Age 48)Executive VP, General Counsel & Secretary Comp: $893.52kMr. 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. Ronald J. Mudry (Age 61)Senior VP & Chief Revenue Officer Comp: $626.22kMr. Joseph E. McCourt Jr. (Age 61)President of Enterprise Sales - Uniti Fiber More ExecutivesKey CompetitorsLTC PropertiesNYSE:LTCTwo Harbors InvestmentNYSE:TWOJBG SMITH PropertiesNYSE:JBGSLadder CapitalNYSE:LADRAmerican Assets TrustNYSE:AATView All CompetitorsInsiders & InstitutionsWellington Management Group LLPSold 1,220,613 shares on 12/1/2023Ownership: 1.138%American Century Companies Inc.Bought 90,863 shares on 11/30/2023Ownership: 0.038%Public Sector Pension Investment BoardSold 128,455 shares on 11/22/2023Ownership: 0.124%Graham Capital Management L.P.Bought 129,409 shares on 11/22/2023Ownership: 0.054%Walleye Trading LLCBought 200 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions UNIT Stock Analysis - Frequently Asked Questions Should I buy or sell Uniti Group stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 2 sell ratings, 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street 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? 8 brokers have issued twelve-month price objectives for Uniti Group's shares. Their UNIT share price targets range from $3.50 to $9.00. On average, they anticipate the company's stock price to reach $6.22 in the next twelve months. This suggests a possible upside of 8.3% 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 at the start of the year. Since then, UNIT shares have increased by 3.8% and is now trading at $5.74. 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 Friday, February 23rd 2024. View our UNIT earnings forecast. 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 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. The company's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group? Uniti Group announced a quarterly dividend on Wednesday, November 1st. Shareholders of record on Friday, December 15th will be given a dividend of $0.15 per share on Thursday, January 4th. This represents a $0.60 annualized dividend and a yield of 10.45%. The ex-dividend date of this dividend is Thursday, December 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 10.27%. 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 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). 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 a number of institutional and retail investors. Top institutional shareholders include LSV Asset Management (3.09%), Charles Schwab Investment Management Inc. (2.70%), Invesco Ltd. (1.26%), Wellington Management Group LLP (1.14%), Northern Trust Corp (1.06%) and Bank of New York Mellon Corp (1.00%). 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. 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 12/6/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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