Uniti Group Stock Forecast, Price & News

Uniti Group's stock was trading at $8.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, UNIT shares have increased by 18.9% and is now trading at $10.56.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 1 sell rating, 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Uniti Group or view MarketBeat's top 5 stock picks.

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Uniti Group is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Uniti Group.

Uniti Group Inc. (NASDAQ:UNIT) issued its earnings results on Monday, November, 9th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.31.
View Uniti Group's earnings history.

Uniti Group declared a quarterly dividend on Thursday, November 5th. Investors of record on Tuesday, December 15th will be given a dividend of $0.15 per share on Monday, January 4th. This represents a $0.60 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date is Monday, December 14th.
View Uniti Group's dividend history.

Uniti Group updated its FY 2020 After-Hours earnings guidance on Monday, November, 9th. The company provided EPS guidance of 1.69-1.73 for the period. The company issued revenue guidance of $1.055-1.063 billion, compared to the consensus revenue estimate of $1.05 billion.

8 analysts have issued twelve-month price targets for Uniti Group's stock. Their forecasts range from $6.00 to $16.00. On average, they expect Uniti Group's stock price to reach $10.29 in the next twelve months. This suggests that the stock has a possible downside of 2.6%.
View analysts' price targets for Uniti Group.

Some companies that are related to Uniti Group include Camden Property Trust (CPT), Gaming and Leisure Properties (GLPI), Sino Land (SNLAY), American Homes 4 Rent (AMH), STORE Capital (STOR), AGNC Investment (AGNC), CyrusOne (CONE), Omega Healthcare Investors (OHI), Lamar Advertising (LAMR), VEREIT (VER), Regency Centers (REG), Regency Centers (REG), Vornado Realty Trust (VNO), Iron Mountain (IRM) and Klépierre (KLPEF).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Uniti Group investors own include Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), Ford Motor (F), Lumen Technologies (LUMN), Annaly Capital Management (NLY), Windstream (WIN), Enterprise Products Partners (EPD), Macquarie Infrastructure (MIC) and Omega Healthcare Investors (OHI).

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

Uniti Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.46%), Elliott Investment Management L.P. (8.80%), Allianz Asset Management GmbH (3.33%), State Street Corp (2.70%), Charles Schwab Investment Management Inc. (1.39%) and JPMorgan Chase & Co. (0.86%).
View institutional ownership trends for Uniti Group.

UNIT stock was sold by a variety of institutional investors in the last quarter, including Sylebra Capital Ltd, Pacer Advisors Inc., BlackRock Inc., Morgan Stanley, State Street Corp, Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., and SG Americas Securities LLC.
View insider buying and selling activity for Uniti Group.

UNIT stock was acquired by a variety of institutional investors in the last quarter, including Elliott Investment Management L.P., Allianz Asset Management GmbH, BNP Paribas Arbitrage SA, JPMorgan Chase & Co., Wells Fargo & Company MN, Scion Asset Management LLC, Jupiter Asset Management Ltd., and State of New Jersey Common Pension Fund D.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of UNIT stock can currently be purchased for approximately $10.56.

Uniti Group has a market capitalization of $2.46 billion and generates $1.06 billion in revenue each year. The real estate investment trust earns $10.58 million in net income (profit) each year or $2.08 on an earnings per share basis. Uniti Group employs 899 workers across the globe.

The official website for Uniti Group is www.uniti.com.

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]