S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NASDAQ:UNIT

Uniti Group (UNIT) Stock Forecast, Price & News

$10.65
+0.41 (+4.00%)
(As of 05/13/2022 06:55 PM ET)
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Today's Range
$10.29
$10.67
50-Day Range
$10.24
$14.07
52-Week Range
$10.13
$14.60
Volume
2.79 million shs
Average Volume
1.69 million shs
Market Capitalization
$2.53 billion
P/E Ratio
14.59
Dividend Yield
5.63%
Beta
0.99
30 days | 90 days | 365 days | Advanced Chart
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Uniti Group logo

About Uniti Group

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, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States.

Headlines

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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
Fax
N/A
Employees
754
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$1.91 per share
Book Value
($8.82) per share

Profitability

Net Income
$123.66 million
Pretax Margin
15.86%

Debt

Price-To-Earnings

Miscellaneous

Free Float
235,399,000
Market Cap
$2.53 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/15 Dividend
3/31/2022
Dividend Payable
4/15/2022
Last Earnings
5/05/2022
Today
5/16/2022
Ex-Dividend for 7/1 Dividend
6/16/2022
Dividend Payable
7/01/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.86 out of 5 stars

Finance Sector

799th out of 1,349 stocks

Real Estate Investment Trusts Industry

181st out of 233 stocks

Analyst Opinion: 0.0Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -













Uniti Group (NASDAQ:UNIT) Frequently Asked Questions

When is Uniti Group's next earnings date?

Uniti Group is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Uniti Group
.

How were Uniti Group's earnings last quarter?

Uniti Group Inc. (NASDAQ:UNIT) issued its quarterly earnings data on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.20. The real estate investment trust earned $278 million during the quarter, compared to analysts' expectations of $278.94 million. Uniti Group had a negative trailing twelve-month return on equity of 8.54% and a net margin of 16.32%. The company's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the business posted $0.41 EPS.
View Uniti Group's earnings history
.

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

Uniti Group declared a quarterly dividend on Tuesday, May 3rd. Shareholders of record on Friday, June 17th will be given a dividend of $0.15 per share on Friday, July 1st. This represents a $0.60 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date of this dividend is Thursday, June 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 5.63%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Uniti Group is 82.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Uniti Group will have a dividend payout ratio of 34.29% 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 issued an update on its FY 2022 earnings guidance on Monday, May, 16th. The company provided EPS guidance of $1.65-$1.72 for the period. The company issued revenue guidance of $1.12 billion-$1.14 billion, compared to the consensus revenue estimate of $1.13 billion.

Who are Uniti Group's key executives?
Uniti Group's management team includes the following people:
  • Mr. Kenneth A. Gunderman, Pres, CEO & Director (Age 51, Pay $1.88M)
  • Mr. Paul Bullington, Sr. VP, CFO & Treasurer (Age 49, Pay $702.51k)
  • Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 47, Pay $923.54k)
  • Mr. Travis T. Black, Interim Principal Accounting Officer (Age 40)
  • Mr. Michael Friloux, Exec. VP & Chief Technology Officer (Age 57)
  • Ms. Jennifer Ragsdale, Sr. VP & Chief Admin. Officer
  • Mr. Bill DiTullio, VP of Fin. & Investor Relations
  • Mr. Ronald J. Mudry, Chief Revenue Officer & Sr. VP (Age 60)
  • Mr. Joseph E. McCourt Jr., Sr. VP of Enterprise Operations - Uniti Fiber (Age 60)
  • Ms. Cathy De La Garza, Sr. VP of Order Management & Service Delivery - Uniti Fiber
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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.16%), BlackRock Inc. (14.83%), Allianz Asset Management GmbH (3.38%), LSV Asset Management (2.57%), Charles Schwab Investment Management Inc. (1.68%) and Dimensional Fund Advisors LP (1.22%).
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 Federated Hermes Inc., BlackRock Inc., Renaissance Technologies LLC, SG Americas Securities LLC, Healthcare of Ontario Pension Plan Trust Fund, Citigroup Inc., Northern Trust Corp, and Advisor Resource Council.
View insider buying and selling activity for Uniti Group
or view top insider-selling stocks.

Which institutional investors are buying Uniti Group stock?

UNIT stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, DigitalBridge Group Inc., Foundry Partners LLC, Vanguard Group Inc., APG Asset Management N.V., First Trust Advisors LP, Massachusetts Financial Services Co. MA, and Pacer Advisors Inc..
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 $10.65.

How much money does Uniti Group make?

Uniti Group has a market capitalization of $2.53 billion and generates $1.10 billion in revenue each year. The real estate investment trust earns $123.66 million in net income (profit) each year or $0.73 on an earnings per share basis.

How many employees does Uniti Group have?

Uniti Group employs 754 workers across the globe.

What is Uniti Group's official website?

The official website for Uniti Group is 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].

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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