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 June 30, 2018, Uniti owns 5.4 million fiber strand miles, approximately 770 wireless towers, and other communications real estate throughout the United States and Latin America.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:UNIT
Previous SymbolNASDAQ:CSALV
CUSIPN/A
Phone501-850-0820
Debt
Debt-to-Equity RatioN/A
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio7.66
Forward P/E Ratio7.84
P/E Growth0.92
Sales & Book Value
Annual Sales$916.03 million
Price / Sales3.76
Cash Flow$2.4268 per share
Price / Cash7.92
Book Value($7.85) per share
Price / Book-2.45
Profitability
EPS (Most Recent Fiscal Year)$2.51
Net Income$-9,430,000.00
Net Margins1.76%
Return on Equity-1.33%
Return on Assets0.39%
Miscellaneous
Employees654
Outstanding Shares178,980,000
Market Cap$3.52 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 announced a quarterly dividend on Thursday, November 1st. Shareholders 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 annualized dividend and a yield of 12.49%. 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 quarterly earnings data on Thursday, November, 1st. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the consensus estimate 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 negative return on equity of 1.33% and a net margin of 1.76%. The business's revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.55 EPS. View Uniti Group's Earnings History.
When is Uniti Group's next earnings date?
What guidance has Uniti Group issued on next quarter's earnings?
Uniti Group issued an update on its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $2.09-2.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.13. The company issued revenue guidance of $1.012-1.017 billion, compared to the consensus revenue estimate of $1.01 billion.
What price target have analysts set for UNIT?
5 Wall Street analysts have issued 1 year target prices for Uniti Group's shares. Their forecasts range from $22.00 to $28.00. On average, they anticipate Uniti Group's share price to reach $25.80 in the next year. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for Uniti Group.
What is the consensus analysts' recommendation for Uniti Group?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 1 sell rating, 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 stories about UNIT stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Uniti Group earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely 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 October. As of October 15th, there was short interest totalling 12,661,171 shares, a decrease of 16.0% from the September 28th total of 15,081,376 shares. Based on an average daily trading volume, of 1,369,582 shares, the short-interest ratio is presently 9.2 days. Currently, 7.5% of the shares of the company are sold short. View Uniti Group's Current Options Chain.
Who are some of Uniti Group's key competitors?
Some companies that are related to Uniti Group include Host Hotels and Resorts (HST), HCP (HCP), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), Gecina (GECFF), UDR (UDR), Regency Centers (REG), Klepierre (KLPEF), WP Carey (WPC), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE) and Federal Realty Investment Trust (FRT).
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)
Who are Uniti Group's major shareholders?
Uniti Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.70%), Thompson Siegel & Walmsley LLC (1.66%), Dimensional Fund Advisors LP (1.40%), Toscafund Asset Management LLP (1.10%), Sylebra HK Co Ltd (0.72%) and Neuberger Berman Group LLC (0.53%). 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 Sylebra HK Co Ltd, Bank of New York Mellon Corp, Toscafund Asset Management LLP, Reaves W H & Co. Inc., Thompson Siegel & Walmsley LLC, Gabelli Funds LLC, Prudential Financial Inc. and Rhumbline Advisers. 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 Mirae Asset Global Investments Co. Ltd., LSV Asset Management, Nordea Investment Management AB, Emerald Mutual Fund Advisers Trust, Advisors Asset Management Inc., First Trust Advisors LP, Janus Henderson Group PLC and Wells Fargo & Company MN. 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 $19.22.
How big of a company is Uniti Group?
Uniti Group has a market capitalization of $3.52 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?
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)
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.
