NASDAQ:UNIT - Uniti Group Stock Price, Price Target & More

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

Uniti Group announced a quarterly dividend on Thursday, May 10th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.60 per share on Friday, July 13th. This represents a $2.40 annualized dividend and a dividend yield of 11.98%. The ex-dividend date of this dividend is Thursday, June 28th. View Uniti Group's Dividend History.

Uniti Group Inc. (NASDAQ:UNIT) issued its quarterly earnings data on Thursday, May, 10th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.02. The real estate investment trust earned $246.90 million during the quarter, compared to the consensus estimate of $247.08 million. Uniti Group had a net margin of 0.75% and a negative return on equity of 0.60%. The firm's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. View Uniti Group's Earnings History.

Uniti Group is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Uniti Group.

Uniti Group issued an update on its FY18 earnings guidance on Thursday, May, 10th. The company provided EPS guidance of $2.54-2.59 for the period, compared to the Thomson Reuters consensus estimate of $2.15. The company issued revenue guidance of $1.006-1.016 billion, compared to the consensus revenue estimate of $1.01 billion.

7 brokerages have issued 12-month price targets for Uniti Group's shares. Their forecasts range from $18.00 to $31.00. On average, they expect Uniti Group's stock price to reach $25.6667 in the next year. View Analyst Ratings for Uniti Group.

Uniti Group saw a drop in short interest during the month of April. As of April 30th, there was short interest totalling 25,389,437 shares, a drop of 7.6% from the April 13th total of 27,477,511 shares. Based on an average daily volume of 1,673,321 shares, the days-to-cover ratio is currently 15.2 days. Currently, 15.6% of the company's stock are short sold.

Some companies that are related to Uniti Group include Gecina (GECFF), Klépierre (KLPEF), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Annaly Capital Management (NLY), Extra Space Storage (EXR), Sino Land (SNLAY), HCP (HCP), Mid-America Apartment Communities (MAA), Duke Realty (DRE), Regency Centers (REG), United Dominion Realty Trust (UDR), Iron Mountain (IRM), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

News coverage about UNIT stock has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Uniti Group earned a media sentiment score of 0.17 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 47.37 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Uniti Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Thompson Siegel & Walmsley LLC (3.25%), OppenheimerFunds Inc. (2.29%), Barclays PLC (1.59%), Sylebra HK Co Ltd (1.27%), Dimensional Fund Advisors LP (1.22%) and Northern Trust Corp (0.75%). 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.

UNIT stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Forsta AP Fonden, Prudential Financial Inc., Reaves W H & Co. Inc., Stephens Inc. AR, Royal Bank of Canada, PVG Asset Management Corp and Rational Advisors LLC. View Insider Buying and Selling for Uniti Group.

UNIT stock was purchased by a variety of institutional investors in the last quarter, including Sylebra HK Co Ltd, Barclays PLC, Thompson Siegel & Walmsley LLC, Millennium Management LLC, Akanthos Capital Management LLC, Blackstone Group L.P., CQS Cayman LP and Global X Management Co. 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.

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.

One share of UNIT stock can currently be purchased for approximately $20.03.

Uniti Group has a market capitalization of $3.52 billion and generates $916.03 million in revenue each year. The real estate investment trust earns $-9,430,000.00 in net income (profit) each year or $2.51 on an earnings per share basis. Uniti Group employs 654 workers across the globe.

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]