S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NASDAQ:UNIT

Uniti Group Stock Forecast, Price & News

$13.45
-0.07 (-0.52%)
(As of 12/8/2021 12:00 AM ET)
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Today's Range
$13.28
$13.69
50-Day Range
$11.80
$14.44
52-Week Range
$10.06
$14.60
Volume
991,674 shs
Average Volume
1.69 million shs
Market Capitalization
$3.18 billion
P/E Ratio
89.67
Dividend Yield
4.44%
Beta
0.98
30 days | 90 days | 365 days | Advanced Chart
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Uniti Group logo

About Uniti Group

Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment consi

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:UNIT
Previous Symbol
NASDAQ:CSALV
Fax
N/A
Employees
787
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.07 billion
Book Value
($8.97) per share

Profitability

Net Income
$-706.30 million
Pretax Margin
2.94%

Debt

Price-To-Earnings

Miscellaneous

Free Float
233,923,000
Market Cap
$3.18 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/16/2021
Dividend Payable
10/01/2021
Last Earnings
11/04/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/07/2022

MarketRank

Overall MarketRank

1.96 out of 5 stars

Finance Sector

713th out of 1,342 stocks

Real Estate Investment Trusts Industry

160th out of 223 stocks

Analyst Opinion: 0.5Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












Uniti Group (NASDAQ:UNIT) Frequently Asked Questions

Is Uniti Group a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" Uniti Group stock.
View analyst ratings for Uniti Group
or view top-rated stocks.

How has Uniti Group's stock price been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, UNIT stock has increased by 51.5% and is now trading at $13.45.
View which stocks have been most impacted by COVID-19
.

When is Uniti Group's next earnings date?

Uniti Group is scheduled to release its next quarterly earnings announcement on Monday, March 7th 2022.
View our earnings forecast for Uniti Group
.

How were Uniti Group's earnings last quarter?

Uniti Group Inc. (NASDAQ:UNIT) announced its quarterly earnings data on Thursday, November, 4th. The real estate investment trust reported $0.17 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.18. The real estate investment trust earned $266.75 million during the quarter, compared to the consensus estimate of $271.41 million. Uniti Group had a negative trailing twelve-month return on equity of 1.91% and a net margin of 3.74%. Uniti Group's revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.42 earnings per share.
View Uniti Group's earnings history
.

How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group?

Uniti Group declared a quarterly dividend on Thursday, November 4th. Investors of record on Friday, December 17th will be given a dividend of $0.15 per share on Monday, January 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend is Thursday, December 16th.
View Uniti Group's dividend history
.

Is Uniti Group a good dividend stock?

Uniti Group pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.44%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Uniti Group is 400.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Uniti Group will have a dividend payout ratio of 36.36% next year. This indicates that Uniti Group will be able to sustain or increase its dividend.
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 2021 earnings guidance on Thursday, November, 25th. The company provided EPS guidance of $1.580-$1.630 for the period. The company issued revenue guidance of $1.08 billion-$1.09 billion, compared to the consensus revenue estimate of $1.09 billion.

What price target have analysts set for UNIT?

1 equities research analysts have issued 1-year price objectives for Uniti Group's shares. Their forecasts range from $9.50 to $9.50. On average, they expect Uniti Group's share price to reach $9.50 in the next year. This suggests that the stock has a possible downside of 29.4%.
View analysts' price targets for Uniti Group
or view top-rated stocks among Wall Street analysts.

Who are Uniti Group's key executives?

Uniti Group's management team includes the following people:
  • Kenny Gunderman, President, Chief Executive Officer & Director
  • Ashe-Lee Jegathesan, Chief Operating Officer & Co-Secretary
  • Paul Bullington, Chief Financial Officer, Treasurer & Senior VP
  • Michael Friloux, Chief Technology Officer & Senior Vice President
  • Daniel L. Heard, Co-Secretary, Executive VP & General Counsel

What other stocks do shareholders of Uniti Group own?

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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.68%), Allianz Asset Management GmbH (3.36%), Geode Capital Management LLC (1.80%), Franklin Resources Inc. (1.55%), LSV Asset Management (1.45%) and Dimensional Fund Advisors LP (1.24%).
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., BlackRock Inc., DigitalBridge Group Inc., Geode Capital Management LLC, BNP Paribas Arbitrage SA, Tudor Investment Corp Et Al, Los Angeles Capital Management LLC, and New York State Common Retirement Fund.
View insider buying and selling activity for Uniti Group
or view top insider-selling stocks.

Which institutional investors are buying Uniti Group stock?

UNIT stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Pacer Advisors Inc., Renaissance Technologies LLC, SG Americas Securities LLC, ARS Investment Partners LLC, Morgan Stanley, Comerica Bank, and Sculptor Capital LP.
View insider buying and selling activity for Uniti Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Uniti Group's stock price today?

One share of UNIT stock can currently be purchased for approximately $13.45.

How much money does Uniti Group make?

Uniti Group has a market capitalization of $3.18 billion and generates $1.07 billion in revenue each year. The real estate investment trust earns $-706.30 million in net income (profit) each year or $0.15 on an earnings per share basis.

How many employees does Uniti Group have?

Uniti Group employs 787 workers across the globe.

What is Uniti Group's official website?

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

Where are Uniti Group's headquarters?

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 12/9/2021 by MarketBeat.com Staff

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