S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
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How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
Critical asset just had biggest fall on record (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
Critical asset just had biggest fall on record (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
Critical asset just had biggest fall on record (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
Critical asset just had biggest fall on record (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
Critical asset just had biggest fall on record (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
Critical asset just had biggest fall on record (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
NASDAQ:UNIT

Uniti Group (UNIT) Stock Price, News & Analysis

$5.57
-0.16 (-2.79%)
(As of 02/26/2024 ET)
Today's Range
$5.40
$5.73
50-Day Range
$4.85
$5.95
52-Week Range
$2.94
$6.01
Volume
2.79 million shs
Average Volume
1.67 million shs
Market Capitalization
$1.33 billion
P/E Ratio
N/A
Dividend Yield
10.77%
Price Target
$5.92

Uniti Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.2% Upside
$5.92 Price Target
Short Interest
Bearish
8.87% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of Uniti Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.35 out of 5 stars

Finance Sector

802nd out of 817 stocks

Real Estate Investment Trusts Industry

172nd out of 176 stocks


UNIT stock logo

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.

UNIT Stock Price History

UNIT Stock News Headlines

Uniti Group (UNIT) to Release Earnings on Thursday
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Uniti Group Stock: Undervalued 11%-Yielder Has 65% Upside
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Uniti Group: A Potential Value Trap
4 Reasons To Buy Uniti Stock
See More Headlines
Receive UNIT Stock News and Ratings via Email

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Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 1/4 Dividend
12/14/2023
Dividend Payable
1/04/2024
Today
2/26/2024
Next Earnings (Confirmed)
2/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NASDAQ:UNIT
Previous Symbol
NASDAQ:CSALV
Fax
N/A
Employees
784
Year Founded
2014

Price Target and Rating

Average Stock Price Target
$5.92
High Stock Price Target
$9.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+6.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$-8,270,000.00
Pretax Margin
-8.12%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$2.23 per share
Book Value
($9.58) per share

Miscellaneous

Free Float
236,954,000
Market Cap
$1.33 billion
Optionable
Optionable
Beta
1.33

Social Links

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Key Executives

  • Mr. Kenneth A. Gunderman (Age 53)
    President, CEO & Director
    Comp: $2.04M
  • Mr. Paul Bullington (Age 52)
    Senior VP, CFO & Treasurer
    Comp: $981.28k
  • Mr. Michael Friloux (Age 58)
    Executive VP & CTO
    Comp: $729.31k
  • Mr. Daniel L. Heard (Age 49)
    Executive VP, General Counsel & Secretary
    Comp: $893.52k
  • Mr. Travis T. Black (Age 42)
    VP & Chief Accounting Officer
  • Mr. Ric Chura
    Senior VP & Chief Information Officer
  • Ms. Jennifer Ragsdale
    Senior VP & Chief Administrative Officer
  • Mr. Bill DiTullio
    Vice President of Finance & Investor Relations
  • Mr. Ronald J. Mudry (Age 62)
    Senior VP & Chief Revenue Officer
    Comp: $626.22k
  • Mr. Joseph E. McCourt Jr. (Age 62)
    President of Enterprise Sales - Uniti Fiber














UNIT Stock Analysis - Frequently Asked Questions

Should I buy or sell Uniti Group stock 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, 3 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 target for 2024?

6 analysts have issued twelve-month target prices for Uniti Group's shares. Their UNIT share price targets range from $3.50 to $9.00. On average, they anticipate the company's share price to reach $5.92 in the next year. This suggests a possible upside of 6.2% 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 on January 1st, 2024. Since then, UNIT stock has decreased by 3.6% and is now trading at $5.57.
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, February 29th 2024.
View our UNIT earnings forecast
.

How can I listen to Uniti Group's earnings call?

Uniti Group will be holding an earnings conference call on Thursday, February 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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 earnings per share (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 quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Investors 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 dividend yield of 10.77%. 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 10.47%. 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 other stocks do shareholders of Uniti Group own?
Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.88%), LSV Asset Management (3.01%), Charles Schwab Investment Management Inc. (2.87%), Dimensional Fund Advisors LP (1.42%), Northern Trust Corp (1.04%) and Goldman Sachs Group Inc. (0.96%).
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 2/27/2024 by MarketBeat.com Staff