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

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

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.

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.

Uniti Group is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Uniti Group.

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.

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.

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.

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.

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.

Some companies that are related to Uniti Group include Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), WP Carey (WPC), Gecina (GECFF), UDR (UDR), Regency Centers (REG), Klepierre (KLPEF), Duke Realty (DRE), Iron Mountain (IRM), Federal Realty Investment Trust (FRT), AGNC Investment (AGNC), Sun Communities (SUI), Equity Lifestyle Properties (ELS) and Camden Property Trust (CPT).

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.

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.

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.

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.

One share of UNIT stock can currently be purchased for approximately $17.26.

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.

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