S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
NASDAQ:UNIT

Uniti Group - UNIT Stock Forecast, Price & News

$6.73
+0.14 (+2.12%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$6.64
$6.86
50-Day Range
$5.46
$7.64
52-Week Range
$5.34
$14.25
Volume
4.01 million shs
Average Volume
2.01 million shs
Market Capitalization
$1.60 billion
P/E Ratio
N/A
Dividend Yield
9.10%
Price Target
$8.75

Uniti Group MarketRank™ Forecast

Analyst Rating
Hold
1.67 Rating Score
Upside/​Downside
23.5% Upside
$8.31 Price Target
Short Interest
Bearish
7.33% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.43mentions of Uniti Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.09%
From $1.71 to $1.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Finance Sector

320th out of 879 stocks

Real Estate Investment Trusts Industry

66th out of 190 stocks

UNIT stock logo

About Uniti Group (NASDAQ:UNIT) Stock

Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment consi

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.

UNIT Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Uniti Group Q1 2022 Earnings Preview
Uniti Group declares $0.15 dividend
Unusual Options Activity Insight: Uniti Group
Uniti Group launches nationwide dark fiber services
Uniti Group sets $250M equity sales agreement
Uniti Group, Inc. to Host Earnings Call
Uniti Group Q4 Earnings Preview
Uniti Group +2.9% as Cowen boosts to Outperform
See 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.

UNIT Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 12/30 Dividend
12/15/2022
Dividend Payable
12/30/2022
Today
2/02/2023
Next Earnings (Confirmed)
2/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:UNIT
Previous Symbol
NASDAQ:CSALV
Fax
N/A
Employees
754
Year Founded
2014

Price Target and Rating

Average Stock Price Forecast
$8.31
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$7.25
Forecasted Upside/Downside
+30.0%
Consensus Rating
Hold
Rating Score (0-4)
1.67
Research Coverage
4 Analysts

Profitability

Net Income
$123.66 million
Pretax Margin
-2.71%

Debt

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$1.87 per share
Book Value
($8.95) per share

Miscellaneous

Free Float
235,492,000
Market Cap
$1.60 billion
Optionable
Optionable
Beta
1.27

Social Links


Key Executives

  • Kenny Gunderman
    President, Chief Executive Officer & Director
  • Ashe-Lee Jegathesan
    Chief Operating Officer & Co-Secretary
  • Paul Bullington
    Chief Financial Officer, Treasurer & Senior VP
  • Michael Friloux
    Chief Technology Officer & Executive VP
  • Daniel L. Heard
    Co-Secretary, Executive VP & General Counsel













UNIT Stock - Frequently Asked Questions

Should I buy or sell Uniti Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last twelve months. There are currently 1 sell rating and 3 hold ratings 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 forecast for 2023?

4 analysts have issued 1-year price targets for Uniti Group's shares. Their UNIT share price forecasts range from $7.25 to $10.00. On average, they anticipate the company's share price to reach $8.31 in the next twelve months. This suggests a possible upside of 23.5% 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 beginning of 2023. Since then, UNIT stock has increased by 21.7% and is now trading at $6.73.
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 24th 2023.
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 Friday, February 24th 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) announced 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 analyst estimates of $278.94 million. Uniti Group had a negative trailing twelve-month return on equity of 8.82% and a negative net margin of 1.21%. The firm's quarterly revenue was up 2.0% on a year-over-year basis. During the same period last year, the company 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 Tuesday, November 1st. Stockholders of record on Friday, December 16th will be given a dividend of $0.15 per share on Friday, December 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.92%. The ex-dividend date is Thursday, December 15th.
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 9.10%. 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 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $1.65-$1.72 for the period. The company issued revenue guidance of $1.12 billion-$1.14 billion, compared to the consensus revenue estimate of $1.13 billion.

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 ARS Investment Partners LLC (0.33%), New York State Teachers Retirement System (0.14%), Aaron Wealth Advisors LLC (0.14%), Bank of Montreal Can (0.13%), State of Alaska Department of Revenue (0.12%) and New York State Common Retirement Fund (0.11%).
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 $6.73.

How much money does Uniti Group make?

Uniti Group (NASDAQ:UNIT) has a market capitalization of $1.60 billion and generates $1.10 billion in revenue each year. The real estate investment trust earns $123.66 million in net income (profit) each year or ($0.09) on an earnings per share basis.

How many employees does Uniti Group have?

The company employs 754 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 2/3/2023 by MarketBeat.com Staff