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

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$22.89 +0.52 (+2.32 %)
(As of 06/19/2018 01:02 AM ET)
Previous Close$22.89
Today's Range$22.48 - $22.9350
52-Week Range$13.81 - $27.78
Volume1.36 million shs
Average Volume2.13 million shs
Market Capitalization$3.93 billion
P/E Ratio9.12
Dividend Yield10.46%
Beta0.78
Uniti Group logoUniti, 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 December 31, 2017, Uniti owns 4.9 million fiber strand miles, approximately 700 wireless towers, and other communications real estate throughout the United States and Latin America. Additional information about Uniti can be found on its website at www.uniti.com.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:UNIT
CUSIPN/A
Phone501-850-0820

Debt

Debt-to-Equity Ratio-0.04
Current Ratio0.03
Quick Ratio0.03

Price-To-Earnings

Trailing P/E Ratio9.12
Forward P/E Ratio9.12
P/E Growth1.02

Sales & Book Value

Annual Sales$916.03 million
Price / Sales4.39
Cash Flow$2.5405 per share
Price / Cash9.01
Book Value($6.88) per share
Price / Book-3.33

Profitability

EPS (Most Recent Fiscal Year)$2.51
Net Income$-9,430,000.00
Net Margins0.75%
Return on Equity-0.60%
Return on Assets0.17%

Miscellaneous

Employees654
Outstanding Shares175,700,000

Uniti Group (NASDAQ:UNIT) Frequently Asked Questions

What is Uniti Group's stock symbol?

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

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

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.

How were Uniti Group's earnings last quarter?

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.

When is Uniti Group's next earnings date?

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

What guidance has Uniti Group issued on next quarter's earnings?

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.

What price target have analysts set for UNIT?

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.

Are investors shorting 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.

Who are some of Uniti Group's key competitors?

Who are Uniti Group's key executives?

Uniti Group's management team includes the folowing people:
  • Mr. Kenneth A. Gunderman, Pres, CEO & Director (Age 47)
  • Mr. Mark A. Wallace CPA, Exec. VP, Treasurer & CFO (Age 61)
  • Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Ronald J. Mudry, Chief Revenue Officer & Sr. VP (Age 56)
  • Mr. Blake Schuhmacher, Principal Accounting Officer, VP & Controller (Age 40)

Has Uniti Group been receiving favorable news coverage?

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.

Who are Uniti Group's major shareholders?

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.

Which institutional investors are selling Uniti Group stock?

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.

Which institutional investors are buying Uniti Group stock?

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.

How do I buy shares of 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.

What is Uniti Group's stock price today?

One share of UNIT stock can currently be purchased for approximately $22.89.

How big of a company is Uniti Group?

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.

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 real estate investment trust can be reached via phone at 501-850-0820 or via email at [email protected]


MarketBeat Community Rating for Uniti Group (UNIT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  239 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  439
MarketBeat's community ratings are surveys of what our community members think about Uniti Group and other stocks. Vote "Outperform" if you believe UNIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UNIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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