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

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$19.97 +0.17 (+0.86 %)
(As of 08/20/2018 01:08 AM ET)
Previous Close$19.97
Today's Range$19.68 - $20.05
52-Week Range$13.81 - $23.42
Volume2.21 million shs
Average Volume2.17 million shs
Market Capitalization$3.30 billion
P/E Ratio7.96
Dividend Yield12.14%
Beta0.66
Uniti Group logoUniti, 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 March 31, 2018, Uniti owns 5.0 million fiber strand miles, approximately 700 wireless towers, and other communications real estate throughout the United States and Latin America. Additional information about Uniti can be found on its website at www.uniti.com.

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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 Ratio7.96
Forward P/E Ratio7.96
P/E Growth0.86

Sales & Book Value

Annual Sales$916.03 million
Price / Sales3.83
Cash Flow$2.6380 per share
Price / Cash7.57
Book Value($6.88) per share
Price / Book-2.90

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$3.30 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 declared a quarterly dividend on Thursday, August 9th. Investors of record on Friday, September 28th will be paid a dividend of $0.60 per share on Monday, October 15th. This represents a $2.40 annualized dividend and a yield of 12.02%. The ex-dividend date of this dividend is Thursday, September 27th. View Uniti Group's Dividend History.

How were Uniti Group's earnings last quarter?

Uniti Group Inc (NASDAQ:UNIT) posted 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 consensus estimate of $0.62 by $0.65. The real estate investment trust earned $247.30 million during the quarter, compared to the consensus estimate of $250.07 million. Uniti Group had a negative return on equity of 1.45% and a net margin of 1.83%. Uniti Group's revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter last year, the company earned $0.60 earnings per share. View Uniti Group's Earnings History.

When is Uniti Group's next earnings date?

Uniti Group is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Uniti Group.

What guidance has Uniti Group issued on next quarter's earnings?

Uniti Group issued an update on its FY18 earnings guidance on Thursday, August, 9th. The company provided EPS guidance of $2.50-2.54 for the period, compared to the Thomson Reuters consensus earnings per share 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?

6 Wall Street analysts have issued 12-month price targets for Uniti Group's shares. Their predictions range from $22.00 to $28.00. On average, they expect Uniti Group's share price to reach $25.80 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. View Analyst Price Targets for Uniti Group.

What is the consensus analysts' recommendation for Uniti Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 1 sell rating, 3 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 drop in short interest in the month of July. As of July 31st, there was short interest totalling 14,683,030 shares, a drop of 10.8% from the July 13th total of 16,460,968 shares. Based on an average daily volume of 3,410,791 shares, the days-to-cover ratio is presently 4.3 days. Approximately 8.7% of the company's shares are sold short. View Uniti Group's Current Options Chain.

Who are some of Uniti Group's key competitors?

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)

Has Uniti Group been receiving favorable news coverage?

Media stories about UNIT stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Uniti Group earned a media and rumor sentiment score of 0.06 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 47.84 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Uniti Group.

Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Canada Pension Plan Investment Board (2.68%), Bank of New York Mellon Corp (2.23%), OppenheimerFunds Inc. (1.87%), Thompson Siegel & Walmsley LLC (1.73%), Dimensional Fund Advisors LP (1.38%) and Sylebra HK Co Ltd (1.33%). 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 Thompson Siegel & Walmsley LLC, Bank of New York Mellon Corp, CQS Cayman LP, OppenheimerFunds Inc., Advisors Asset Management Inc., Bank of Montreal Can, Millennium Management LLC and Akanthos Capital Management 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 Canada Pension Plan Investment Board, Toscafund Asset Management LLP, Angelo Gordon & CO. L.P., Mackay Shields LLC, Raymond James Financial Services Advisors Inc., Dimensional Fund Advisors LP, Marshall Wace LLP and United Services Automobile Association. 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 $19.97.

How big of a company is Uniti Group?

Uniti Group has a market capitalization of $3.30 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.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  241 (Vote Underperform)
Total Votes:  522
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.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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