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 10.48%. The ex-dividend date of this dividend is Thursday, June 28th. View Uniti Group's Dividend History.

Uniti Group Inc (NASDAQ:UNIT) released its quarterly earnings data on Thursday, May, 10th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.02. The real estate investment trust earned $246.90 million during the quarter, compared to analysts' expectations of $247.08 million. Uniti Group had a net margin of 0.75% and a negative return on equity of 0.60%. The business's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. 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 updated 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 EPS 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 anticipate Uniti Group's share price to reach $25.6667 in the next twelve months. View Analyst Ratings for Uniti Group.

Uniti Group saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 20,528,817 shares, a drop of 15.2% from the May 15th total of 24,197,591 shares. Based on an average trading volume of 1,878,569 shares, the short-interest ratio is presently 10.9 days. Currently, 12.6% of the company's shares are short sold.

Some companies that are related to Uniti Group include Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Klépierre (KLPEF), Extra Space Storage (EXR), ANNALY Cap Mgmt/SH (NLY), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG), UDR (UDR) and Iron Mountain (IRM).

News headlines about UNIT stock have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Uniti Group earned a coverage optimism score of 0.10 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 45.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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 bought 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 $22.89.

Uniti Group has a market capitalization of $3.93 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]