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AMD   75.40 (+0.32%)
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MU   63.87 (+1.70%)
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CGC   2.93 (+6.16%)
GE   83.23 (+2.58%)
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PYPL   81.83 (+1.26%)
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BABA   118.38 (-1.82%)
AMD   75.40 (+0.32%)
T   19.95 (-0.25%)
MU   63.87 (+1.70%)
F   13.27 (+2.71%)
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PFE   43.79 (-1.04%)
PYPL   81.83 (+1.26%)
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NASDAQ:UNIT

Uniti Group - UNIT Stock Forecast, Price & News

$6.50
+0.16 (+2.52%)
(As of 01/27/2023 04:19 PM ET)
Add
Compare
Today's Range
$6.30
$6.59
50-Day Range
$5.46
$7.64
52-Week Range
$5.34
$14.25
Volume
2.48 million shs
Average Volume
1.87 million shs
Market Capitalization
$1.54 billion
P/E Ratio
N/A
Dividend Yield
9.46%
Price Target
$8.75

Uniti Group MarketRank™ Forecast

Analyst Rating
Hold
1.67 Rating Score
Upside/​Downside
34.2% Upside
$8.75 Price Target
Short Interest
Bearish
7.33% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of Uniti Group in the last 14 days
Based on 4 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.

2.14 out of 5 stars

Finance Sector

548th out of 900 stocks

Real Estate Investment Trusts Industry

114th out of 192 stocks


UNIT stock logo

About Uniti Group (NASDAQ:UNIT) Stock

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 September 30, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States.

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UNIT Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
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
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UNIT Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 12/30 Dividend
12/15/2022
Dividend Payable
12/30/2022
Today
1/27/2023
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
N/A

Price Target and Rating

Average Stock Price Forecast
$8.75
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+34.6%
Consensus Rating
Hold
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$123.66 million
Pretax Margin
-2.71%

Debt

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$1.90 per share
Book Value
($8.95) per share

Miscellaneous

Free Float
235,492,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
1.19

Key Executives

  • Mr. Kenneth A. Gunderman (Age 52)
    Pres, CEO & Director
    Comp: $1.88M
  • Mr. Paul Bullington (Age 50)
    Sr. VP, CFO & Treasurer
    Comp: $702.51k
  • Mr. Daniel L. Heard (Age 48)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $923.54k
  • Mr. Travis T. Black (Age 41)
    VP & Chief Accounting Officer
  • Mr. Michael Friloux (Age 58)
    Exec. VP & Chief Technology Officer
  • Mr. Ric Chura
    Sr. VP & Chief Information Officer
  • Ms. Jennifer Ragsdale
    Sr. VP & Chief Admin. Officer
  • Mr. Bill DiTullio
    VP of Fin. & Investor Relations
  • Mr. Ronald J. Mudry (Age 61)
    Chief Revenue Officer & Sr. VP
  • Mr. Joseph E. McCourt Jr. (Age 61)
    Sr. VP of Enterprise Operations - Uniti Fiber













UNIT Stock - Frequently Asked Questions

Should I buy or sell Uniti Group stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

3 brokerages have issued 12 month target prices for Uniti Group's shares. Their UNIT share price forecasts range from $8.00 to $10.00. On average, they expect the company's share price to reach $8.75 in the next year. This suggests a possible upside of 38.0% 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 14.6% and is now trading at $6.34.
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 results 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 net margin of 1.21% and a negative trailing twelve-month return on equity of 8.82%. Uniti Group's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. Investors 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 annualized dividend and a yield of 9.46%. 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 9.54%. 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 EPS 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 institutional and retail investors. Top institutional investors include ARS Investment Partners LLC (0.33%), Aaron Wealth Advisors LLC (0.14%), State of Alaska Department of Revenue (0.12%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%) and Maryland State Retirement & Pension System (0.04%).
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 $6.34.

How much money does Uniti Group make?

Uniti Group (NASDAQ:UNIT) has a market capitalization of $1.50 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.

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 1/27/2023 by MarketBeat.com Staff