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

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$18.91 +0.02 (+0.11 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$18.89
Today's Range$18.50 - $19.11
52-Week Range$13.94 - $23.42
Volume2.08 million shs
Average Volume1.62 million shs
Market Capitalization$3.39 billion
P/E Ratio7.53
Dividend Yield12.66%
Beta1
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$2.4784 per share
Book Value($6.88) per share

Profitability

Net Income$-9,430,000.00

Miscellaneous

Employees654
Market Cap$3.39 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 dividend on an annualized basis and a dividend yield of 12.69%. 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) posted 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 earned $252.60 million during the quarter, compared to analysts' expectations of $253.97 million. Uniti Group had a negative return on equity of 1.33% and a net margin of 1.76%. Uniti Group's revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.55 EPS. 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, March 7th 2019. View Earnings Estimates for Uniti Group.

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

Uniti Group updated 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 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?

6 equities research analysts have issued 1 year price objectives for Uniti Group's stock. Their predictions range from $16.00 to $28.00. On average, they expect Uniti Group's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 21.6% 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?

Press coverage about UNIT stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Uniti Group earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media stories 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 effect on the company's share price in the immediate future.

Are investors shorting Uniti Group?

Uniti Group saw a increase in short interest in December. As of December 14th, there was short interest totalling 14,096,469 shares, an increase of 15.4% from the November 30th total of 12,215,683 shares. Based on an average trading volume of 2,546,790 shares, the short-interest ratio is presently 5.5 days. Approximately 8.2% of the shares of the company 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 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 a variety of of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.27%), Nisa Investment Advisors LLC (0.04%), State of Alaska Department of Revenue (0.04%), Steward Partners Investment Advisory LLC (0.03%), Louisiana State Employees Retirement System (0.03%) and Virtu Financial LLC (0.02%). 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 Steward Partners Investment Advisory LLC, Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Uniti Group.

Which institutional investors are buying Uniti Group stock?

UNIT stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Retirement Systems of Alabama and State of Alaska Department of Revenue. 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 $18.91.

How big of a company is Uniti Group?

Uniti Group has a market capitalization of $3.39 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:  318 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  591
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 1/18/2019 by MarketBeat.com Staff

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