NASDAQ:UNIT Uniti Group - UNIT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Uniti Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $3.37 +0.05 (+1.51%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$3.15▼$3.3850-Day Range$3.32▼$6.7352-Week Range$3.15▼$14.17Volume3.48 million shsAverage Volume4.86 million shsMarket Capitalization$799.53 millionP/E RatioN/ADividend Yield17.80%Price Target$7.46 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Uniti Group MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside121.5% Upside$7.46 Price TargetShort InterestBearish7.55% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 4 Articles This WeekInsider TradingAcquiring Shares$983,250 Bought Last QuarterProj. Earnings Growth17.16%From $1.34 to $1.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.68 out of 5 starsFinance Sector335th out of 868 stocksReal Estate Investment Trusts Industry68th out of 190 stocks 4.1 Analyst's Opinion Consensus RatingUniti Group has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.46, Uniti Group has a forecasted upside of 121.5% from its current price of $3.37.Amount of Analyst CoverageUniti Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.55% of the float of Uniti Group has been sold short.Short Interest Ratio / Days to CoverUniti Group has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Uniti Group has recently increased by 1.34%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 17.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthUniti Group does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Uniti Group will have a dividend payout ratio of 38.22% next year. This indicates that Uniti Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UNIT. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 4 news articles for Uniti Group this week, compared to 0 articles on an average week.Search Interest41 people have searched for UNIT on MarketBeat in the last 30 days. This is an increase of 86% compared to the previous 30 days.MarketBeat Follows25 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Uniti Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $983,250.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.72% of the stock of Uniti Group is held by insiders.Percentage Held by Institutions83.82% of the stock of Uniti Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Uniti Group are expected to grow by 17.16% in the coming year, from $1.34 to $1.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Uniti Group is -30.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Uniti Group is -30.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Uniti Group (NASDAQ:UNIT) StockUniti 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 consiRead More Receive UNIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Uniti Group and its competitors with MarketBeat's FREE daily newsletter. Email Address UNIT Stock News HeadlinesMarch 25, 2023 | americanbankingnews.comUniti Group (NASDAQ:UNIT) Sets New 1-Year Low at $3.35March 24, 2023 | americanbankingnews.comUniti Group (NASDAQ:UNIT) Trading Down 4.9%March 25, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 16, 2023 | americanbankingnews.comUniti Group Sees Unusually High Options Volume (NASDAQ:UNIT)March 11, 2023 | finance.yahoo.comKenneth Gunderman Is The President of Uniti Group Inc. (NASDAQ:UNIT) And They Just Picked Up 20% More SharesMarch 11, 2023 | finance.yahoo.comAs Uniti Group Inc.'s market cap (NASDAQ:UNIT) drops to US$1.0b, insiders might be questioning their decision to buy earlier this yearMarch 9, 2023 | msn.comA Look Into Uniti Group's DebtFebruary 3, 2023 | msn.comUniti prices upsized senior secured notes offering of $2.6BMarch 25, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastJanuary 19, 2023 | benzinga.comUniti Group Inc. To Report Fourth Quarter and Full Year 2022 Financial Results and Host Conference CallDecember 26, 2022 | finance.yahoo.comStrong week for Uniti Group (NASDAQ:UNIT) shareholders doesn't alleviate pain of five-year lossNovember 9, 2022 | finance.yahoo.comUniti Group Third Quarter 2022 Earnings: EPS Misses ExpectationsNovember 3, 2022 | seekingalpha.comUniti stock dips as adjusted FFO outlook stays same after Q3 beatSeptember 12, 2022 | finance.yahoo.comShould You Be Adding Uniti Group (NASDAQ:UNIT) To Your Watchlist Today?August 15, 2022 | finance.yahoo.comWhat Kind Of Investors Own Most Of Uniti Group Inc. (NASDAQ:UNIT)?July 19, 2022 | finance.yahoo.comUniti Group (NASDAQ:UNIT) shareholders have endured a 46% loss from investing in the stock five years agoMay 4, 2022 | seekingalpha.comUniti Group Q1 2022 Earnings PreviewMarch 22, 2022 | seekingalpha.comUniti Group kicks off first private wave channel, plans two more this yearMarch 8, 2022 | benzinga.comUniti Group Inc. to Present at the Deutsche Bank 30th Annual Media, Internet & Telecom ConferenceFebruary 25, 2022 | seekingalpha.comUniti Group declares $0.15 dividendFebruary 9, 2022 | finance.yahoo.comUniti Group (NASDAQ:UNIT) shareholders have endured a 32% loss from investing in the stock five years agoAugust 8, 2021 | finance.yahoo.comUniti Group Inc. Just Missed EPS By 10%: Here's What Analysts Think Will Happen NextJune 1, 2021 | finance.yahoo.comHow Much Of Uniti Group Inc. (NASDAQ:UNIT) Do Institutions Own?February 18, 2021 | finance.yahoo.comUniti Group (NASDAQ:UNIT) Long Term Shareholders are 19% In The BlackFebruary 2, 2021 | finance.yahoo.comUnusual Options Activity Insight: Uniti GroupNovember 9, 2020 | seekingalpha.comUniti to get $135M in Everstream deal; boosts 2020 adjusted EBITDA outlookOctober 5, 2020 | seekingalpha.comUniti Group launches nationwide dark fiber servicesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive UNIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Uniti Group and its competitors with MarketBeat's FREE daily newsletter. Email Address UNIT Company Calendar Last Earnings5/05/2022Ex-Dividend for 12/30 Dividend12/15/2022Dividend Payable12/30/2022Today3/25/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:UNIT Previous SymbolNASDAQ:CSALV CUSIPN/A CIK1620280 Webwww.uniti.com Phone(501) 850-0820FaxN/AEmployees754Year Founded2014Price Target and Rating Average Stock Price Forecast$7.46 High Stock Price Forecast$9.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+121.5%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.11) Trailing P/E RatioN/A Forward P/E Ratio2.51 P/E GrowthN/ANet Income$-8,270,000.00 Net Margins-0.76% Pretax Margin-2.47% Return on Equity-8.82% Return on Assets-0.18% Debt Debt-to-Equity RatioN/A Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$1.13 billion Price / Sales0.71 Cash Flow$2.26 per share Price / Cash Flow1.49 Book Value($9.58) per share Price / Book-0.35Miscellaneous Outstanding Shares237,250,000Free Float235,545,000Market Cap$799.53 million OptionableOptionable Beta1.31 Social Links Key ExecutivesKenny GundermanPresident, Chief Executive Officer & DirectorPaul BullingtonChief Financial Officer, Treasurer & Senior VPMichael FrilouxChief Technology Officer & Executive VPRic ChuraChief Information Officer & Senior Vice PresidentDaniel L. HeardCo-Secretary, Executive VP & General CounselKey CompetitorsNew York Mortgage TrustNASDAQ:NYMTNecessity Retail REITNASDAQ:RTLPlymouth Industrial REITNYSE:PLYMCenterspaceNYSE:CSRBrandywine Realty TrustNYSE:BDNView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 6,634 shares on 3/23/2023Ownership: 0.049%Kenny GundermanBought 225,000 shares on 3/9/2023Total: $983,250.00 ($4.37/share)Teachers Retirement System of The State of KentuckyBought 6,897 shares on 2/22/2023Ownership: 0.031%Macquarie Group Ltd.Bought 44,149 shares on 2/21/2023Ownership: 0.116%Northwestern Mutual Wealth Management Co.Sold 8,892 shares on 2/21/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions UNIT Stock - Frequently Asked Questions Should I buy or sell Uniti Group stock right now? 7 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, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" UNIT shares. 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. View UNIT analyst ratings or view top-rated stocks. What is Uniti Group's stock price forecast for 2023? 7 brokers have issued 12 month target prices for Uniti Group's shares. Their UNIT share price forecasts range from $6.00 to $9.00. On average, they expect the company's stock price to reach $7.46 in the next year. This suggests a possible upside of 121.5% from the stock's current price. View analysts price targets for UNIT or view top-rated stocks among Wall Street analysts. How have UNIT shares performed in 2023? Uniti Group's stock was trading at $5.53 at the beginning of 2023. Since then, UNIT stock has decreased by 39.1% and is now trading at $3.37. View the best growth stocks for 2023 here. When is Uniti Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our UNIT earnings forecast. How were Uniti Group's earnings last quarter? Uniti Group Inc. (NASDAQ:UNIT) released its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.20. The real estate investment trust earned $278 million during the quarter, compared to analyst estimates of $278.94 million. Uniti Group had a negative trailing twelve-month return on equity of 8.82% and a negative net margin of 0.76%. The business's revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 EPS. How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group? Uniti Group declared a quarterly dividend on Thursday, February 23rd. Shareholders of record on Friday, March 31st will be given a dividend of $0.15 per share on Friday, April 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 17.80%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for UNIT. What ETFs hold Uniti Group's stock? ETFs with the largest weight of Uniti Group (NASDAQ:UNIT) stock in their portfolio include Pacer Data & Infrastructure Real Estate ETF (SRVR), Invesco KBW Premium Yield Equity REIT ETF (KBWY), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Roundhill IO Digital Infrastructure ETF (BYTE), ALPS REIT Dividend Dogs ETF (RDOG), IQ CBRE NextGen Real Estate ETF (ROOF), Hoya Capital High Dividend Yield ETF (RIET) and Invesco Raymond James SB-1 Equity ETF (RYJ). Is Uniti Group a good dividend stock? Uniti Group (NASDAQ:UNIT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 17.59%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for UNIT. What guidance has Uniti Group issued on next quarter's earnings? Uniti Group updated its FY 2023 earnings guidance on Friday, February, 24th. The company provided earnings per share (EPS) guidance of $1.26-$1.33 for the period, compared to the consensus earnings per share estimate of $1.56. The company issued revenue guidance of $1.15 billion-$1.17 billion, compared to the consensus revenue estimate of $1.16 billion. What other stocks do shareholders of Uniti Group own? 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). 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 number of institutional and retail investors. Top institutional shareholders include Pacer Advisors Inc. (2.89%), LSV Asset Management (2.88%), Geode Capital Management LLC (2.14%), Charles Schwab Investment Management Inc. (1.95%), Dimensional Fund Advisors LP (1.30%) and Morgan Stanley (1.06%). View institutional ownership trends. How do I buy shares of Uniti Group? Shares of UNIT stock 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 $3.37. How much money does Uniti Group make? Uniti Group (NASDAQ:UNIT) has a market capitalization of $799.53 million and generates $1.13 billion in revenue each year. The real estate investment trust earns $-8,270,000.00 in net income (profit) each year or ($0.11) on an earnings per share basis. How many employees does Uniti Group have? The company employs 754 workers across the globe. Does Uniti Group have any subsidiaries? The following companies are subsidiares of Uniti Group: Amphenol Alden Products Mexico S.A. de C.V..Read More 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 official website for the company is www.uniti.com. The real estate investment trust can be reached via phone at (501) 850-0820 or via email at investor.relations@cslreit.com. This page (NASDAQ:UNIT) was last updated on 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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