NASDAQ:UNIT - Uniti Group Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$10.32 +0.05 (+0.49 %)
(As of 05/27/2019 06:00 AM ET)
Previous Close$10.32
Today's Range$10.22 - $10.49
52-Week Range$8.06 - $23.42
Volume1.55 million shs
Average Volume4.41 million shs
Market Capitalization$1.90 billion
P/E Ratio4.11
Dividend Yield1.95%
Beta1.04
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 wireless infrastructure solutions for the communications industry. As of December 31, 2018, Uniti owns 5.5 million fiber strand miles, approximately 928 wireless towers, and other communications real estate throughout the United States and Latin America.

Receive UNIT News and Ratings via Email

Sign-up to receive the latest news and ratings for UNIT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:UNIT
Previous SymbolNASDAQ:CSALV
CUSIPN/A
Phone501-850-0820

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.02 billion
Cash Flow$2.6736 per share
Book Value($8.42) per share

Profitability

Net Income$16.19 million

Miscellaneous

Employees798
Market Cap$1.90 billion
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

Uniti Group (NASDAQ:UNIT) Frequently Asked Questions

What is Uniti Group's stock symbol?

Uniti Group trades on the NASDAQ under the ticker symbol "UNIT."

How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group?

Uniti Group announced a quarterly dividend on Thursday, May 9th. Shareholders of record on Friday, June 28th will be given a dividend of $0.05 per share on Monday, July 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Thursday, June 27th. View Uniti Group's Dividend History.

How were Uniti Group's earnings last quarter?

Uniti Group Inc (NASDAQ:UNIT) posted its quarterly earnings results on Thursday, May, 9th. The real estate investment trust reported $0.01 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.54. The real estate investment trust earned $261.03 million during the quarter, compared to analyst estimates of $270.25 million. Uniti Group had a net margin of 1.16% and a negative return on equity of 0.82%. View Uniti Group's Earnings History.

When is Uniti Group's next earnings date?

Uniti Group is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Uniti Group.

What guidance has Uniti Group issued on next quarter's earnings?

Uniti Group issued an update on its FY19 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of $1.76-1.83 for the period, compared to the Thomson Reuters consensus estimate of $1.89. The company issued revenue guidance of $1.071-1.080 billion, compared to the consensus revenue estimate of $1.08 billion.

What price target have analysts set for UNIT?

8 equities research analysts have issued 12-month price targets for Uniti Group's shares. Their predictions range from $7.00 to $28.00. On average, they expect Uniti Group's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 45.3% from the stock's current price. View Analyst Price Targets for Uniti Group.

What is the consensus analysts' recommendation for Uniti Group?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 4 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Uniti Group.

Has Uniti Group been receiving favorable news coverage?

Media coverage about UNIT stock has trended somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Uniti Group earned a news impact score of -1.7 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Uniti Group?

Uniti Group saw a decrease in short interest during the month of April. As of April 30th, there was short interest totalling 18,477,012 shares, a decrease of 11.6% from the April 15th total of 20,908,751 shares. Based on an average daily trading volume, of 2,406,176 shares, the days-to-cover ratio is currently 7.7 days. Currently, 10.6% of the shares of the stock are short sold. View Uniti Group's Current Options Chain.

Who are some of Uniti Group's key competitors?

What other stocks do shareholders of Uniti Group own?

Who are Uniti Group's key executives?

Uniti Group's management team includes the folowing people:
  • Mr. Kenneth A. Gunderman, Pres, CEO & Director (Age 48)
  • Mr. Mark A. Wallace CPA, Exec. VP, CFO & Treasurer (Age 62)
  • Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 44)
  • Mr. Blake Schuhmacher, Chief Accounting Officer, VP & Controller (Age 41)
  • Mr. Michael Friloux, Sr. VP & CTO

Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.92%), Mason Capital Management LLC (2.96%), Thompson Siegel & Walmsley LLC (1.54%), Dimensional Fund Advisors LP (1.39%), Geode Capital Management LLC (1.15%) and Charles Schwab Investment Management Inc. (0.91%). Company insiders that own Uniti Group stock include Blake Schuhmacher, Daniel L Heard, David L Solomon and Kenny Gunderman. View Institutional Ownership Trends for Uniti Group.

Which major investors are selling Uniti Group stock?

UNIT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, OppenheimerFunds Inc., Morgan Stanley, Raymond James & Associates, State of New Jersey Common Pension Fund D, Raymond James Financial Services Advisors Inc., Reaves W H & Co. Inc. and First Trust Advisors LP. View Insider Buying and Selling for Uniti Group.

Which major investors are buying Uniti Group stock?

UNIT stock was acquired by a variety of institutional investors in the last quarter, including Mason Capital Management LLC, Aurelius Capital Management LP, Litespeed Management L.L.C., Thompson Siegel & Walmsley LLC, Charles Schwab Investment Management Inc., Geode Capital Management LLC, BlackRock Inc. and Quinn Opportunity Partners LLC. Company insiders that have bought Uniti Group stock in the last two years include Blake Schuhmacher, Daniel L Heard, David L Solomon and Kenny Gunderman. View Insider Buying and Selling for Uniti Group.

How do I buy shares of Uniti Group?

Shares of UNIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Uniti Group's stock price today?

One share of UNIT stock can currently be purchased for approximately $10.32.

How big of a company is Uniti Group?

Uniti Group has a market capitalization of $1.90 billion and generates $1.02 billion in revenue each year. The real estate investment trust earns $16.19 million in net income (profit) each year or $2.51 on an earnings per share basis. Uniti Group employs 798 workers across the globe.

What is Uniti Group's official website?

The official website for Uniti Group is http://www.uniti.com/.

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 real estate investment trust can be reached via phone at 501-850-0820 or via email at [email protected]


MarketBeat Community Rating for Uniti Group (NASDAQ UNIT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  356 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  678
MarketBeat's community ratings are surveys of what our community members think about Uniti Group and other stocks. Vote "Outperform" if you believe UNIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UNIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/27/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel