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NASDAQ:UNIT

Uniti Group Stock Forecast, Price & News

$12.45
-0.05 (-0.40 %)
(As of 09/28/2021 12:00 AM ET)
Add
Compare
Today's Range
$12.34
$12.61
50-Day Range
$11.10
$13.19
52-Week Range
$8.70
$13.45
Volume1.95 million shs
Average Volume1.74 million shs
Market Capitalization$2.91 billion
P/E Ratio622.50
Dividend Yield4.80%
Beta0.92
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

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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
Employees
787
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.07 billion
Book Value
($8.90) per share

Profitability

Net Income
$-706,300,000.00

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$2.91 billion
Next Earnings Date
11/8/2021 (Estimated)
Optionable
Optionable

MarketRank

Overall MarketRank

2.26 out of 5 stars

Finance Sector

412th out of 1,332 stocks

Real Estate Investment Trusts Industry

105th out of 219 stocks

Analyst Opinion: 1.2Community Rank: 4.5Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












Uniti Group (NASDAQ:UNIT) Frequently Asked Questions

Is Uniti Group a buy right now?

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

What stocks does MarketBeat like better than Uniti Group?

Wall Street analysts have given Uniti Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Uniti Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Uniti Group's next earnings date?

Uniti Group is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.
View our earnings forecast for Uniti Group
.

How were Uniti Group's earnings last quarter?

Uniti Group Inc. (NASDAQ:UNIT) posted its quarterly earnings data on Thursday, August, 5th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.19. Uniti Group had a net margin of 0.39% and a negative trailing twelve-month return on equity of 0.20%.
View Uniti Group's earnings history
.

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

Uniti Group's stock was trading at $8.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, UNIT shares have increased by 40.2% and is now trading at $12.45.
View which stocks have been most impacted by COVID-19
.

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

Uniti Group announced a quarterly dividend on Tuesday, August 3rd. Shareholders of record on Friday, September 17th will be paid a dividend of $0.15 per share on Friday, October 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date is Thursday, September 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 4.80%. 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 36.59% 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 updated its FY 2021 earnings guidance on Thursday, September, 2nd. 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.

What price target have analysts set for UNIT?

3 equities research analysts have issued 1 year target prices for Uniti Group's shares. Their forecasts range from $9.50 to $16.00. On average, they anticipate Uniti Group's share price to reach $12.75 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
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
  • 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (17.26%), BlackRock Inc. (15.16%), State Street Corp (2.99%), FMR LLC (2.11%), Geode Capital Management LLC (1.85%) and Franklin Resources Inc. (1.57%).
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 Morgan Stanley, Morgan Stanley, Nuveen Asset Management LLC, Northern Trust Corp, Tudor Investment Corp Et Al, Wells Fargo & Company MN, SG Americas Securities LLC, and Legal & General Group Plc.
View insider buying and selling activity for Uniti Group
or view top insider-selling stocks.

Which major investors are buying Uniti Group stock?

UNIT stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Bracebridge Capital LLC, FMR LLC, Federated Hermes Inc., Vanguard Group Inc., Invesco Ltd., BlackRock Inc., and Royal Bank of Canada.
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 $12.45.

How much money does Uniti Group make?

Uniti Group has a market capitalization of $2.91 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.

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 9/28/2021 by MarketBeat.com Staff

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