NASDAQ:UNITUniti Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Uniti Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $9.69 -0.06 (-0.62 %) (As of 08/14/2020 04:00 PM ET) Add Compare Share Today's Range$9.65Now: $9.69▼$9.9150-Day Range$8.87MA: $9.54▼$10.4252-Week Range$4.86Now: $9.69▼$11.08Volume1.55 million shsAverage Volume2.56 million shsMarket Capitalization$1.88 billionP/E RatioN/ADividend Yield6.15%Beta0.97 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Uniti, 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, 2018, Uniti owns 5.5 million fiber strand miles, approximately 928 wireless towers, and other communications real estate throughout the United States and Latin America.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingUniti Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.17, Uniti Group has a potential upside of 5.0% from its current price of $9.68.Amount of Analyst CoverageUniti Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesUniti Group has received 423 “outperform” votes. (Add your “outperform” vote.)Underperform VotesUniti Group has received 410 “underperform” votes. (Add your “underperform” vote.)Community SentimentUniti Group has received 50.78% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 5.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthUniti Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Uniti Group is 28.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Uniti Group will have a dividend payout ratio of 48.39% next year. This indicates that Uniti Group will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Uniti Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.94% of the stock of Uniti Group is held by insiders.Percentage Held by Institutions81.89% of the stock of Uniti Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Uniti Group are expected to decrease by -25.30% in the coming year, from $1.66 to $1.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Uniti Group is -26.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Uniti Group is -26.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 2.2Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.80 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:UNIT Previous SymbolNASDAQ:CSALV CUSIPN/A CIK1620280 Webwww.uniti.com Phone501-850-0820Debt Debt-to-Equity RatioN/A Current Ratio0.04 Quick Ratio0.04Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio5.84 P/E GrowthN/A Sales & Book Value Annual Sales$1.06 billion Price / Sales1.78 Cash Flow$2.21 per share Price / Cash Flow4.39 Book Value($7.67) per share Price / Book-1.26Profitability EPS (Most Recent Fiscal Year)$2.08 Net Income$10.58 million Net Margins-6.69% Return on Equity-0.60% Return on Assets-1.43%Miscellaneous Employees798 Outstanding Shares194,150,000Market Cap$1.88 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $9.69 -0.06 (-0.62 %) (As of 08/14/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive UNIT News and Ratings via Email Sign-up to receive the latest news and ratings for UNIT and its competitors with MarketBeat's FREE daily newsletter. Uniti Group (NASDAQ:UNIT) Frequently Asked Questions How has Uniti Group's stock been impacted by Coronavirus (COVID-19)? Uniti Group's stock was trading at $8.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, UNIT stock has increased by 9.1% and is now trading at $9.69. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Uniti Group? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 1 sell rating, 3 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. When is Uniti Group's next earnings date? Uniti Group is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Uniti Group. How were Uniti Group's earnings last quarter? Uniti Group Inc (NASDAQ:UNIT) announced its quarterly earnings results on Monday, August, 10th. The real estate investment trust reported ($3.06) EPS for the quarter, missing the Zacks' consensus estimate of $0.48 by $3.54. Uniti Group had a negative net margin of 6.69% and a negative return on equity of 0.60%. View Uniti Group's earnings history. How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group? Uniti Group announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, September 18th will be paid a dividend of $0.15 per share on Friday, October 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.19%. The ex-dividend date of this dividend is Thursday, September 17th. View Uniti Group's dividend history. What guidance has Uniti Group issued on next quarter's earnings? Uniti Group issued an update on its FY 2020 After-Hours earnings guidance on Monday, August, 10th. The company provided earnings per share guidance of 1.64-1.67 for the period. The company issued revenue guidance of $1.048-1.056 billion, compared to the consensus revenue estimate of $1.06 billion. What price target have analysts set for UNIT? 6 Wall Street analysts have issued 12 month price targets for Uniti Group's shares. Their forecasts range from $6.00 to $15.00. On average, they anticipate Uniti Group's stock price to reach $10.17 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for Uniti Group. Has Uniti Group been receiving favorable news coverage? News coverage about UNIT stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Uniti Group earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Uniti Group. Are investors shorting Uniti Group? Uniti Group saw a drop in short interest in July. As of July 31st, there was short interest totaling 15,720,000 shares, a drop of 9.4% from the July 15th total of 17,350,000 shares. Based on an average trading volume of 2,120,000 shares, the short-interest ratio is presently 7.4 days. Approximately 9.0% of the company's shares are sold short. View Uniti Group's Short Interest. Who are some of Uniti Group's key competitors? Some companies that are related to Uniti Group include Regency Centers (REG), Vereit (VER), Omega Healthcare Investors (OHI), Lamar Advertising (LAMR), Kilroy Realty (KRC), Vornado Realty Trust (VNO), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Store Capital (STOR), CubeSmart (CUBE), Rexford Industrial Realty (REXR), Klepierre (KLPEF), Healthcare Trust Of America (HTA), First Industrial Realty Trust (FR) and Apartment Investment and Management (AIV). View all competitors. What other stocks do shareholders of Uniti Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Uniti Group investors own include Energy Transfer LP Unit (ET), AT&T (T), New Residential Investment (NRZ), Ford Motor (F), Centurylink (CTL), Windstream (WIN), ANNALY CAP MGMT/SH (NLY), Enterprise Products Partners (EPD), Macquarie Infrastructure (MIC) and Prospect Capital (PSEC). Who are Uniti Group's key executives? Uniti Group's management team includes the following people: Mr. Kenneth A. Gunderman, Pres, CEO & Director (Age 48)Mr. Mark A. Wallace CPA, Exec. VP, CFO & Treasurer (Age 62)Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 44)Mr. Blake Schuhmacher, Chief Accounting Officer, VP & Controller (Age 41)Mr. Michael Friloux, Sr. VP & CTO 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 Vanguard Group Inc. (15.90%), Goldman Sachs Group Inc. (1.75%), Bank of New York Mellon Corp (1.61%), Pacer Advisors Inc. (1.30%), Principal Financial Group Inc. (0.76%) and LSV Asset Management (0.73%). 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 Goldman Sachs Group Inc., Advisors Asset Management Inc., Teachers Insurance & Annuity Association of America, Prudential Financial Inc., Advisor Group Holdings Inc., Texas Permanent School Fund, CWM Advisors LLC, and State of Tennessee Treasury Department. View insider buying and selling activity 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 Pacer Advisors Inc., Vanguard Group Inc., Barclays PLC, LSV Asset Management, MERIAN GLOBAL INVESTORS UK Ltd, Alberta Investment Management Corp, SG Americas Securities LLC, and Nisa Investment Advisors LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Uniti Group's stock price today? One share of UNIT stock can currently be purchased for approximately $9.69. How big of a company is Uniti Group? Uniti Group has a market capitalization of $1.88 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 798 workers across the globe. What is Uniti Group's official website? The official website for Uniti Group is www.uniti.com. 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] This page was last updated on 8/14/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
