Uniti Group Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Uniti Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UNIT, but not buy additional shares or sell existing shares.
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Uniti Group is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Uniti Group.

Uniti Group Inc. (NASDAQ:UNIT) announced its quarterly earnings results on Thursday, May, 6th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.41.
View Uniti Group's earnings history.

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. Since then, UNIT shares have increased by 23.0% and is now trading at $10.92.
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Uniti Group announced a quarterly dividend on Tuesday, May 4th. Stockholders of record on Friday, June 18th will be paid a dividend of $0.15 per share on Friday, July 2nd. This represents a $0.60 annualized dividend and a dividend yield of 5.49%. The ex-dividend date of this dividend is Thursday, June 17th.
View Uniti Group's dividend history.

Uniti Group pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.53%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Uniti Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Uniti Group is 34.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Uniti Group will have a dividend payout ratio of 36.81% next year. This indicates that Uniti Group will be able to sustain or increase its dividend.
View Uniti Group's dividend history.

Uniti Group updated its FY 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of 1.610-1.650 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.

6 Wall Street analysts have issued 1 year price targets for Uniti Group's shares. Their forecasts range from $9.50 to $16.00. On average, they anticipate Uniti Group's stock price to reach $11.10 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price.
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Some companies that are related to Uniti Group include Americold Realty Trust (COLD), STORE Capital (STOR), CyrusOne (CONE), Federal Realty Investment Trust (FRT), Vornado Realty Trust (VNO), CubeSmart (CUBE), Kimco Realty (KIM), AGNC Investment (AGNC), Omega Healthcare Investors (OHI), Klépierre (KLPEF), National Retail Properties (NNN), Kilroy Realty (KRC), Life Storage (LSI), Rexford Industrial Realty (REXR) and Apartment Income REIT (AIRC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Uniti Group investors own include Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), Ford Motor (F), Lumen Technologies (LUMN), Annaly Capital Management (NLY), Windstream (WIN), Enterprise Products Partners (EPD), Macquarie Infrastructure (MIC) and Omega Healthcare Investors (OHI).

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

Uniti Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (14.96%), Geode Capital Management LLC (1.78%), Northern Trust Corp (1.08%), Dimensional Fund Advisors LP (1.06%), Nomura Holdings Inc. (1.03%) and Morgan Stanley (0.88%).
View institutional ownership trends for Uniti Group.

UNIT stock was sold by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Mirae Asset Global Investments Co. Ltd., Clear Street Markets LLC, D. E. Shaw & Co. Inc., Davidson Kempner Capital Management LP, Davidson Kempner Capital Management LP, Quantitative Systematic Strategies LLC, and Thrivent Financial for Lutherans.
View insider buying and selling activity for Uniti Group or view top insider-selling stocks.

UNIT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Federated Hermes Inc., Colony Capital Inc., Dimensional Fund Advisors LP, Royal Bank of Canada, ARS Investment Partners LLC, Man Group plc, and Tudor Investment Corp Et Al.
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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.
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One share of UNIT stock can currently be purchased for approximately $10.92.

Uniti Group has a market capitalization of $2.55 billion and generates $1.07 billion in revenue each year. The real estate investment trust earns $-706,300,000.00 in net income (profit) each year or $1.72 on an earnings per share basis.

Uniti Group employs 787 workers across the globe.

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

Uniti Group is headquartered at 10802 EXECUTIVE CENTER DRIVE BENTON BUILDING SUITE 300, LITTLE ROCK AR, 72211.

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]