NASDAQ:UNIT - Uniti Group Stock Price, Price Target & More

Uniti Group trades on the NASDAQ under the ticker symbol "UNIT."

Uniti Group declared a quarterly dividend on Thursday, May 10th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.60 per share on Friday, July 13th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 11.06%. The ex-dividend date of this dividend is Thursday, June 28th. View Uniti Group's Dividend History.

Uniti Group Inc (NASDAQ:UNIT) announced its quarterly earnings data on Thursday, May, 10th. The real estate investment trust reported ($0.01) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.01 by $0.02. The real estate investment trust had revenue of $246.90 million for the quarter, compared to the consensus estimate of $247.08 million. Uniti Group had a negative return on equity of 0.60% and a net margin of 0.75%. The company's revenue for the quarter was up 16.8% on a year-over-year basis. During the same period last year, the company earned $0.65 earnings per share. View Uniti Group's Earnings History.

Uniti Group is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Uniti Group.

Uniti Group issued an update on its FY18 earnings guidance on Thursday, May, 10th. The company provided EPS guidance of $2.54-2.59 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.15. The company issued revenue guidance of $1.006-1.016 billion, compared to the consensus revenue estimate of $1.01 billion.

7 analysts have issued twelve-month price objectives for Uniti Group's shares. Their forecasts range from $18.00 to $31.00. On average, they expect Uniti Group's share price to reach $25.6667 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Ratings for Uniti Group.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Uniti Group include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Extra Space Storage (EXR), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Iron Mountain (IRM), Regency Centers (REG), Duke Realty (DRE), SINO Ld Ltd/S (SNLAY), UDR (UDR), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

News coverage about UNIT stock has been trending positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Uniti Group earned a media sentiment score of 0.33 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 46.26 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Uniti Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Financial & Investment Management Group Ltd. (0.18%), State of Alaska Department of Revenue (0.05%), Xact Kapitalforvaltning AB (0.01%) and Raymond James Trust N.A. (0.01%). 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.

UNIT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Financial & Investment Management Group Ltd.. View Insider Buying and Selling for Uniti Group.

UNIT stock was acquired by a variety of institutional investors in the last quarter, including Raymond James Trust N.A. and Xact Kapitalforvaltning AB. 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.

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.

One share of UNIT stock can currently be purchased for approximately $21.70.

Uniti Group has a market capitalization of $3.81 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.

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]