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

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$19.98 +0.51 (+2.62 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$19.47
Today's Range$19.46 - $20.00
52-Week Range$14.53 - $23.42
Volume3.58 million shs
Average Volume1.38 million shs
Market Capitalization$3.58 billion
P/E Ratio7.96
Dividend Yield12.33%
Beta1.28
Uniti, 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 September 30, 2018, Uniti owns 5.4 million fiber strand miles, approximately 850 wireless towers, and other communications real estate throughout the United States and Latin America.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:UNIT
Previous SymbolNASDAQ:CSALV
CUSIPN/A
Phone501-850-0820

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$916.03 million
Cash Flow$2.4975 per share
Book Value($6.88) per share

Profitability

Net Income$-9,430,000.00

Miscellaneous

Employees654
Market Cap$3.58 billion
OptionableOptionable

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, November 1st. Investors of record on Monday, December 31st will be given 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 12.01%. The ex-dividend date is Friday, December 28th. View Uniti Group's Dividend History.

How were Uniti Group's earnings last quarter?

Uniti Group Inc (NASDAQ:UNIT) issued its earnings results on Thursday, November, 1st. The real estate investment trust reported $0.01 earnings per share (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 the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 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, February 28th 2019. View Earnings Estimates for Uniti Group.

What price target have analysts set for UNIT?

6 analysts have issued 12-month price objectives for Uniti Group's stock. Their predictions range from $16.00 to $28.00. On average, they anticipate Uniti Group's share price to reach $23.00 in the next year. This suggests a possible upside of 15.1% 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 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Uniti Group.

Has Uniti Group been receiving favorable news coverage?

Media coverage about UNIT stock has trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, 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 assigned press coverage about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the next few days.

Are investors shorting Uniti Group?

Uniti Group saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 13,975,617 shares, a decrease of 12.8% from the January 15th total of 16,022,875 shares. Based on an average trading volume of 1,396,247 shares, the short-interest ratio is currently 10.0 days. Currently, 8.2% of the company's shares are short sold. 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 48)
  • Mr. Mark A. Wallace CPA, Exec. VP, CFO & Treasurer (Age 62)
  • Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 44)
  • Mr. Ronald J. Mudry, Chief Revenue Officer & Sr. VP (Age 57)
  • Mr. Blake Schuhmacher, Chief Accounting Officer, VP & Controller (Age 41)

Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (2.39%), Nomura Holdings Inc. (1.64%), Bank of New York Mellon Corp (1.53%), Dimensional Fund Advisors LP (1.44%), Toscafund Asset Management LLP (1.26%) and Geode Capital Management LLC (1.08%). 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 major investors are selling Uniti Group stock?

UNIT stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Bank of New York Mellon Corp, Prudential Financial Inc., Thrivent Financial for Lutherans, Reaves W H & Co. Inc., Gabelli Funds LLC, Financial & Investment Management Group Ltd. and SG Americas Securities LLC. View Insider Buying and Selling for Uniti Group.

Which major investors are buying Uniti Group stock?

UNIT stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Nomura Holdings Inc., Oregon Public Employees Retirement Fund, LSV Asset Management, Toscafund Asset Management LLP, KBC Group NV, Geode Capital Management LLC and Rhumbline Advisers. 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 $19.98.

How big of a company is Uniti Group?

Uniti Group has a market capitalization of $3.58 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.

What is Uniti Group's official website?

The official website for Uniti Group is http://www.uniti.com.

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:  328 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  609
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 2/16/2019 by MarketBeat.com Staff

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