Uniti Group Stock Price, News & Analysis (NASDAQ:UNIT)

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last twelve months. 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 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.

8 brokerages have issued 1-year price targets for Uniti Group's stock. Their UNIT share price targets range from $3.50 to $9.00. On average, they expect the company's stock price to reach $6.22 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for UNIT or view top-rated stocks among Wall Street analysts.

Uniti Group's stock was trading at $5.53 on January 1st, 2023. Since then, UNIT stock has increased by 1.6% and is now trading at $5.62.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024.
View our UNIT earnings forecast.

Uniti Group Inc. (NASDAQ:UNIT) issued its quarterly earnings data 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 had revenue of $278 million for the quarter, compared to the consensus estimate of $278.94 million. The business's revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 EPS.

Uniti Group announced a quarterly dividend on Wednesday, November 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 10.68%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for UNIT.

Uniti Group (NASDAQ:UNIT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 10.10%. 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.

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).

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).

Uniti Group's stock is owned by a variety of institutional and retail investors. Top institutional investors 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.

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.
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