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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
NASDAQ:UNIT

Uniti Group - UNIT Stock Forecast, Price & News

$6.50
+0.16 (+2.52%)
(As of 01/27/2023 12:00 AM ET)
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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
1.74 million shs
Market Capitalization
$1.54 billion
P/E Ratio
N/A
Dividend Yield
9.23%
Price Target
$8.75

Uniti Group MarketRank™ Forecast

Analyst Rating
Hold
1.67 Rating Score
Upside/​Downside
34.6% 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
1.41mentions 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.

2.16 out of 5 stars

Finance Sector

511th out of 891 stocks

Real Estate Investment Trusts Industry

109th out of 191 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

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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
1/29/2023
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
$1.83 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

  • 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?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 1 sell rating and 2 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?

3 Wall Street research analysts have issued 1-year target prices for Uniti Group's stock. Their UNIT share price forecasts range from $8.00 to $10.00. On average, they anticipate the company's share price to reach $8.75 in the next twelve months. This suggests a possible upside of 34.6% 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 the year. Since then, UNIT stock has increased by 17.5% and is now trading at $6.50.
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 earnings results on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.20. The real estate investment trust had revenue of $278 million for 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 revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.41 earnings per share.

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. Shareholders 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 9.23%. The ex-dividend date of this dividend 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 9.23%. 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 a number of institutional and retail investors. Top institutional investors include ARS Investment Partners LLC (0.33%), New York State Teachers Retirement System (0.14%), Aaron Wealth Advisors LLC (0.14%), State of Alaska Department of Revenue (0.12%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%).
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 $6.50.

How much money does Uniti Group make?

Uniti Group (NASDAQ:UNIT) has a market capitalization of $1.54 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 1/29/2023 by MarketBeat.com Staff