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

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$21.70 +0.07 (+0.32 %)
(As of 07/15/2018 04:00 PM ET)
Previous Close$21.70
Today's Range$21.5086 - $21.89
52-Week Range$13.81 - $26.55
Volume1.61 million shs
Average Volume1.82 million shs
Market Capitalization$3.81 billion
P/E Ratio8.65
Dividend Yield11.06%
Beta0.78
Uniti Group logoUniti, 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 December 31, 2017, Uniti owns 4.9 million fiber strand miles, approximately 700 wireless towers, and other communications real estate throughout the United States and Latin America. Additional information about Uniti can be found on its website at www.uniti.com.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:UNIT
CUSIPN/A
Phone501-850-0820

Debt

Debt-to-Equity Ratio-0.04
Current Ratio0.03
Quick Ratio0.03

Price-To-Earnings

Trailing P/E Ratio8.65
Forward P/E Ratio8.65
P/E Growth0.99

Sales & Book Value

Annual Sales$916.03 million
Price / Sales4.16
Cash Flow$2.4828 per share
Price / Cash8.74
Book Value($6.88) per share
Price / Book-3.15

Profitability

EPS (Most Recent Fiscal Year)$2.51
Net Income$-9,430,000.00
Net Margins0.75%
Return on Equity-0.60%
Return on Assets0.17%

Miscellaneous

Employees654
Outstanding Shares175,700,000
Market Cap$3,812.78

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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, 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 is Thursday, June 28th. View Uniti Group's Dividend History.

How were Uniti Group's earnings last quarter?

Uniti Group Inc (NASDAQ:UNIT) released its earnings results on Thursday, May, 10th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.02. The real estate investment trust had revenue of $246.90 million for the quarter, compared to analyst estimates of $247.08 million. Uniti Group had a negative return on equity of 0.60% and a net margin of 0.75%. The business's revenue was up 16.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.65 earnings per share. 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, August, 9th 2018. View Earnings Estimates for Uniti Group.

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

Uniti Group issued an update on its FY18 earnings guidance on Thursday, May, 10th. The company provided earnings per share 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.

What price target have analysts set for UNIT?

7 Wall Street analysts have issued 12-month target prices for Uniti Group's shares. Their forecasts range from $18.00 to $31.00. On average, they anticipate Uniti Group's stock 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.

What is the consensus analysts' recommendation 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."

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, Treasurer & CFO (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, Principal Accounting Officer, VP & Controller (Age 40)

Has Uniti Group been receiving favorable news coverage?

News stories about UNIT stock have trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Uniti Group earned a daily sentiment score of 0.28 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 45.74 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by a variety of of retail and institutional 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.

Which major investors are selling Uniti Group stock?

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.

Which major investors are buying Uniti Group stock?

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.

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 $21.70.

How big of a company is Uniti Group?

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.

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:  251 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  466
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 7/15/2018 by MarketBeat.com Staff

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