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 June 30, 2018, Uniti owns 5.4 million fiber strand miles, approximately 770 wireless towers, and other communications real estate throughout the United States and Latin America.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:UNIT
CUSIPN/A
Phone501-850-0820
Debt
Debt-to-Equity Ratio-0.04
Current Ratio0.04
Quick Ratio0.04
Price-To-Earnings
Trailing P/E Ratio7.90
Forward P/E Ratio7.99
P/E Growth0.91
Sales & Book Value
Annual Sales$916.03 million
Price / Sales3.80
Cash Flow$2.4837 per share
Price / Cash7.98
Book Value($6.88) per share
Price / Book-2.88
Profitability
EPS (Most Recent Fiscal Year)$2.51
Net Income$-9,430,000.00
Net Margins1.83%
Return on Equity-1.45%
Return on Assets0.41%
Miscellaneous
Employees654
Outstanding Shares175,690,000
Market Cap$3.48 billion
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, August 9th. Investors of record on Friday, September 28th will be given a dividend of $0.60 per share on Monday, October 15th. This represents a $2.40 annualized dividend and a yield of 12.11%. The ex-dividend date is Thursday, September 27th. 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, August, 9th. The real estate investment trust reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.65. The real estate investment trust earned $247.30 million during the quarter, compared to analyst estimates of $250.07 million. Uniti Group had a negative return on equity of 1.45% and a net margin of 1.83%. The company's revenue was up 16.1% on a year-over-year basis. During the same period last year, the company earned $0.60 earnings per share. View Uniti Group's Earnings History.
When is Uniti Group's next earnings date?
How can I listen to Uniti Group's earnings call?
Uniti Group will be holding an earnings conference call on Thursday, November 1st at 4:15 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8445137153.
What guidance has Uniti Group issued on next quarter's earnings?
Uniti Group updated its FY18 earnings guidance on Thursday, August, 9th. The company provided earnings per share (EPS) guidance of $2.50-2.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.21. The company issued revenue guidance of $1.007-1.013 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 twelve-month price targets for Uniti Group's shares. Their forecasts range from $22.00 to $28.00. On average, they expect Uniti Group's share price to reach $25.80 in the next year. This suggests a possible upside of 30.2% 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 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Uniti Group.
Are investors shorting Uniti Group?
Uniti Group saw a increase in short interest in September. As of September 14th, there was short interest totalling 15,239,464 shares, an increase of 12.3% from the August 31st total of 13,572,575 shares. Based on an average trading volume of 2,378,831 shares, the short-interest ratio is presently 6.4 days. Approximately 9.1% of the shares of the company are sold short. View Uniti Group's Current Options Chain.
Who are some of Uniti Group's key competitors?
Some companies that are related to Uniti Group include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Gecina (GECFF), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), Klepierre (KLPEF), Regency Centers (REG), UDR (UDR), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Iron Mountain (IRM), Federal Realty Investment Trust (FRT) and Camden Property Trust (CPT).
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 a variety of of institutional and retail investors. Top institutional investors include State of New Jersey Common Pension Fund D (0.45%), Financial & Investment Management Group Ltd. (0.18%), Nisa Investment Advisors LLC (0.05%), State of Alaska Department of Revenue (0.04%), Louisiana State Employees Retirement System (0.03%) and Pensionfund DSM Netherlands (0.03%). 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 Horrell Capital Management Inc., Pensionfund DSM Netherlands, State of Alaska Department of Revenue, Financial & Investment Management Group Ltd. and Malaga Cove Capital 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 Nisa Investment Advisors LLC, Fox Run Management L.L.C., State of New Jersey Common Pension Fund D, Oakbrook Investments LLC, Quad Cities Investment Group LLC, Bank of Montreal Can, Louisiana State Employees Retirement System and Cornerstone Wealth Management 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 $19.82.
How big of a company is Uniti Group?
Uniti Group has a market capitalization of $3.48 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?
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)
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.
