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

Sign in or create an account to add this stock to your watchlist.
$10.00 +0.14 (+1.42 %)
(As of 03/21/2019 01:23 AM ET)
Previous Close$9.86
Today's Range$9.62 - $10.02
52-Week Range$8.06 - $23.42
Volume5.85 million shs
Average Volume5.34 million shs
Market Capitalization$1.79 billion
P/E Ratio3.98
Dividend Yield24.34%
Beta1.04
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.

Receive UNIT News and Ratings via Email

Sign-up to receive the latest news and ratings for UNIT and its competitors with MarketBeat's FREE daily newsletter.

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$2.6316 per share
Book Value($6.88) per share

Profitability

Net Income$-9,430,000.00

Miscellaneous

EmployeesN/A
Market Cap$1.79 billion
Next Earnings DateN/A
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 announced a quarterly dividend on Thursday, November 1st. Investors of record on Monday, December 31st will be paid a dividend of $0.60 per share on Tuesday, January 15th. This represents a $2.40 dividend on an annualized basis and a yield of 24.00%. The ex-dividend date of this dividend is Friday, December 28th. View Uniti Group's Dividend History.

How were Uniti Group's earnings last quarter?

Uniti Group Inc (NASDAQ:UNIT) announced its quarterly earnings data on Thursday, November, 1st. The real estate investment trust reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The real estate investment trust had revenue of $252.60 million for the quarter, compared to analyst estimates of $253.97 million. Uniti Group had a net margin of 1.76% and a negative return on equity of 1.33%. Uniti Group's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 EPS. View Uniti Group's Earnings History.

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

Uniti Group issued an update on its FY19 earnings guidance on Wednesday, March, 20th. The company provided EPS guidance of $2.23-2.29 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.31. The company issued revenue guidance of $1.08-1.089 billion, compared to the consensus revenue estimate of $1.09 billion.

What price target have analysts set for UNIT?

8 brokerages have issued 1-year price targets for Uniti Group's stock. Their predictions range from $7.00 to $28.00. On average, they expect Uniti Group's stock price to reach $17.8571 in the next year. This suggests a possible upside of 78.6% from the stock's current price. View Analyst Price Targets for Uniti Group.

What is the consensus analysts' recommendation for Uniti Group?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 4 sell ratings and 4 hold 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?

News coverage about UNIT stock has trended somewhat negative recently, InfoTrie reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Uniti Group earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Are investors shorting Uniti Group?

Uniti Group saw a increase in short interest in February. As of February 28th, there was short interest totalling 19,914,801 shares, an increase of 45.2% from the February 15th total of 13,710,713 shares. Based on an average daily trading volume, of 20,770,166 shares, the short-interest ratio is presently 1.0 days. Approximately 11.6% of the company's shares are sold short. View Uniti Group's Current Options Chain.

Who are some of Uniti Group's key competitors?

What other stocks do shareholders of Uniti Group own?

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 many different of retail and institutional investors. Top institutional investors 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%), Dimensional Fund Advisors LP (1.44%) and Toscafund Asset Management LLP (1.26%). 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., Nordea Investment Management AB, Thrivent Financial for Lutherans, Reaves W H & Co. Inc., Gabelli Funds LLC and Financial & Investment Management Group Ltd.. View Insider Buying and Selling for Uniti Group.

Which major investors are buying Uniti Group stock?

UNIT stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Nomura Holdings Inc., Norges Bank, Oregon Public Employees Retirement Fund, LSV Asset Management, Toscafund Asset Management LLP, KBC Group NV and Geode Capital Management LLC. 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 $10.00.

How big of a company is Uniti Group?

Uniti Group has a market capitalization of $1.79 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  654
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 3/21/2019 by MarketBeat.com Staff

Featured Article: Trading Penny Stocks

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel