NASDAQ:UNIT - Uniti Group Stock Price, News, & Analysis

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$17.27 -0.64 (-3.57 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$17.91
Today's Range$17.11 - $17.93
52-Week Range$13.94 - $23.42
Volume3.04 million shs
Average Volume2.02 million shs
Market Capitalization$3.21 billion
P/E Ratio6.88
Dividend Yield13.36%
Beta0.77
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 September 30, 2018, Uniti owns 5.4 million fiber strand miles, approximately 850 wireless towers, and other communications real estate throughout the United States and Latin America.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:UNIT
Previous SymbolNASDAQ:CSALV
CUSIPN/A
Phone501-850-0820

Debt

Debt-to-Equity RatioN/A
Current Ratio0.05
Quick Ratio0.05

Price-To-Earnings

Trailing P/E Ratio6.88
Forward P/E Ratio7.05
P/E Growth0.84

Sales & Book Value

Annual Sales$916.03 million
Price / Sales3.37
Cash Flow$2.3887 per share
Price / Cash Flow7.23
Book Value($6.88) per share
Price / Book-2.51

Profitability

EPS (Most Recent Fiscal Year)$2.51
Net Income$-9,430,000.00
Net Margins1.76%
Return on Equity-1.33%
Return on Assets0.39%

Miscellaneous

Employees654
Outstanding Shares178,980,000
Market Cap$3.21 billion
OptionableOptionable

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, November 1st. Shareholders of record on Monday, December 31st will be paid a dividend of $0.60 per share on Tuesday, January 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 13.90%. The ex-dividend date of this dividend is Friday, December 28th. View Uniti Group's Dividend History.

How were Uniti Group's earnings last quarter?

Uniti Group Inc (NASDAQ:UNIT) posted its earnings results on Thursday, November, 1st. The real estate investment trust reported $0.01 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.02. The real estate investment trust had revenue of $252.60 million for the quarter, compared to analyst estimates of $253.97 million. Uniti Group had a net margin of 1.76% and a negative return on equity of 1.33%. The company's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 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 Thursday, March 7th 2019. 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, November, 1st. The company provided earnings per share (EPS) guidance of $2.09-2.12 for the period, compared to the Thomson Reuters consensus estimate of $2.13. The company issued revenue guidance of $1.012-1.017 billion, compared to the consensus revenue estimate of $1.01 billion.

What price target have analysts set for UNIT?

5 Wall Street analysts have issued 1-year target prices for Uniti Group's shares. Their predictions range from $16.00 to $28.00. On average, they expect Uniti Group's stock price to reach $24.20 in the next twelve months. This suggests a possible upside of 40.2% from the stock's current price. View Analyst Price Targets for Uniti Group.

What is the consensus analysts' recommendation for Uniti Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Uniti Group.

Has Uniti Group been receiving favorable news coverage?

Media coverage about UNIT stock has been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Uniti Group earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Are investors shorting Uniti Group?

Uniti Group saw a decrease in short interest during the month of November. As of November 15th, there was short interest totalling 11,248,776 shares, a decrease of 12.7% from the October 31st total of 12,884,923 shares. Based on an average trading volume of 1,448,022 shares, the days-to-cover ratio is presently 7.8 days. Approximately 6.7% of the shares of the stock are short sold. View Uniti Group's Current Options Chain.

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, CFO & Treasurer (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, Chief Accounting Officer, VP & Controller (Age 40)

Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc (13.58%), Vanguard Group Inc. (13.58%), Bank of New York Mellon Corp (1.70%), Thompson Siegel & Walmsley LLC (1.66%), Dimensional Fund Advisors LP (1.40%) and Toscafund Asset Management LLP (1.10%). 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 major investors are selling Uniti Group stock?

UNIT stock was sold by a variety of institutional investors in the last quarter, including Sylebra HK Co Ltd, Bank of New York Mellon Corp, Toscafund Asset Management LLP, Reaves W H & Co. Inc., Thompson Siegel & Walmsley LLC, Legal & General Group Plc, Gabelli Funds LLC and Prudential Financial Inc.. View Insider Buying and Selling for Uniti Group.

Which major investors are buying Uniti Group stock?

UNIT stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Mirae Asset Global Investments Co. Ltd., LSV Asset Management, Morgan Stanley, Nordea Investment Management AB, Emerald Mutual Fund Advisers Trust and Advisors Asset Management Inc.. 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 $17.26.

How big of a company is Uniti Group?

Uniti Group has a market capitalization of $3.21 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.

What is Uniti Group's official website?

The official website for Uniti Group is http://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]


MarketBeat Community Rating for Uniti Group (NASDAQ UNIT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  579
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 12/14/2018 by MarketBeat.com Staff

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