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QQQ   310.89
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My No. 1 dividend stock for a LIFETIME of income. (Ad)
Dividend King Genuine Parts Company Upgraded On Profit Guidance
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Closing prices for crude oil, gold and other commodities
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Modern Day Options Trading For Beginners! (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Dividend King Genuine Parts Company Upgraded On Profit Guidance
11 Best Consumer Discretionary Stocks of 2023
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Closing prices for crude oil, gold and other commodities
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Dividend King Genuine Parts Company Upgraded On Profit Guidance
11 Best Consumer Discretionary Stocks of 2023
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Closing prices for crude oil, gold and other commodities
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
NASDAQ:UNIT

Uniti Group - UNIT Stock Forecast, Price & News

$3.37
+0.05 (+1.51%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$3.15
$3.38
50-Day Range
$3.32
$6.73
52-Week Range
$3.15
$14.17
Volume
3.48 million shs
Average Volume
4.86 million shs
Market Capitalization
$799.53 million
P/E Ratio
N/A
Dividend Yield
17.80%
Price Target
$7.46

Uniti Group MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
121.5% Upside
$7.46 Price Target
Short Interest
Bearish
7.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Uniti Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$983,250 Bought Last Quarter
Proj. Earnings Growth
17.16%
From $1.34 to $1.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Finance Sector

335th out of 868 stocks

Real Estate Investment Trusts Industry

68th out of 190 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

Uniti Group (NASDAQ:UNIT) Sets New 1-Year Low at $3.35
Uniti Group (NASDAQ:UNIT) Trading Down 4.9%
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Uniti Group Sees Unusually High Options Volume (NASDAQ:UNIT)
A Look Into Uniti Group's Debt
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
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
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
3/25/2023
Ex-Dividend for 4/14 Dividend
3/30/2023
Dividend Payable
4/14/2023
Next Earnings (Estimated)
5/04/2023
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
2014

Price Target and Rating

Average Stock Price Forecast
$7.46
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+121.5%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$-8,270,000.00
Pretax Margin
-2.47%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$2.26 per share
Book Value
($9.58) per share

Miscellaneous

Free Float
235,545,000
Market Cap
$799.53 million
Optionable
Optionable
Beta
1.31

Social Links


Key Executives

  • Kenny Gunderman
    President, Chief Executive Officer & Director
  • Paul Bullington
    Chief Financial Officer, Treasurer & Senior VP
  • Michael Friloux
    Chief Technology Officer & Executive VP
  • Ric Chura
    Chief Information Officer & Senior Vice President
  • Daniel L. Heard
    Co-Secretary, Executive VP & General Counsel













UNIT Stock - Frequently Asked Questions

Should I buy or sell Uniti Group stock right now?

7 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, 4 hold ratings, 1 buy rating and 1 strong buy rating 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?

7 brokers have issued 12 month target prices for Uniti Group's shares. Their UNIT share price forecasts range from $6.00 to $9.00. On average, they expect the company's stock price to reach $7.46 in the next year. This suggests a possible upside of 121.5% 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 decreased by 39.1% and is now trading at $3.37.
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 Thursday, May 4th 2023.
View our UNIT earnings forecast
.

How were Uniti Group's earnings last quarter?

Uniti Group Inc. (NASDAQ:UNIT) released its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate 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 trailing twelve-month return on equity of 8.82% and a negative net margin of 0.76%. The business's revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 EPS.

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

Uniti Group declared a quarterly dividend on Thursday, February 23rd. Shareholders of record on Friday, March 31st will be given a dividend of $0.15 per share on Friday, April 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 17.80%. The ex-dividend date is Thursday, March 30th.
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 17.59%. 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 2023 earnings guidance on Friday, February, 24th. The company provided earnings per share (EPS) guidance of $1.26-$1.33 for the period, compared to the consensus earnings per share estimate of $1.56. The company issued revenue guidance of $1.15 billion-$1.17 billion, compared to the consensus revenue estimate of $1.16 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 shareholders include Pacer Advisors Inc. (2.89%), LSV Asset Management (2.88%), Geode Capital Management LLC (2.14%), Charles Schwab Investment Management Inc. (1.95%), Dimensional Fund Advisors LP (1.30%) and Morgan Stanley (1.06%).
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 $3.37.

How much money does Uniti Group make?

Uniti Group (NASDAQ:UNIT) has a market capitalization of $799.53 million and generates $1.13 billion in revenue each year. The real estate investment trust earns $-8,270,000.00 in net income (profit) each year or ($0.11) on an earnings per share basis.

How many employees does Uniti Group have?

The company employs 754 workers across the globe.

Does Uniti Group have any subsidiaries?
The following companies are subsidiares of Uniti Group: Amphenol Alden Products Mexico S.A. de C.V..
Read More
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 3/25/2023 by MarketBeat.com Staff