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. Investors 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 annualized dividend and a yield of 11.95%. The ex-dividend date of this dividend is Thursday, June 28th. View Uniti Group's Dividend History.

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

Uniti Group is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 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 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 equities research analysts have issued 12-month price objectives for Uniti Group's stock. Their predictions range from $18.00 to $31.00. On average, they expect Uniti Group's stock price to reach $25.6667 in the next twelve months. View Analyst Ratings for Uniti Group.

Uniti Group saw a decrease in short interest in April. As of April 30th, there was short interest totalling 25,389,437 shares, a decrease of 7.6% from the April 13th total of 27,477,511 shares. Based on an average daily trading volume, of 1,673,321 shares, the short-interest ratio is presently 15.2 days. Approximately 15.6% of the company's shares are sold short.

Some companies that are related to Uniti Group include Gecina (GECFF), Klépierre (KLPEF), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Annaly Capital Management (NLY), Extra Space Storage (EXR), Sino Land (SNLAY), HCP (HCP), Mid-America Apartment Communities (MAA), Duke Realty (DRE), Regency Centers (REG), United Dominion Realty Trust (UDR), Iron Mountain (IRM), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

News stories about UNIT stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Uniti Group earned a news impact score of 0.15 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 46.62 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Uniti Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Thompson Siegel & Walmsley LLC (3.25%), OppenheimerFunds Inc. (2.29%), Barclays PLC (1.59%), Sylebra HK Co Ltd (1.27%), Dimensional Fund Advisors LP (1.22%) and Northern Trust Corp (0.75%). 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 OppenheimerFunds Inc., Forsta AP Fonden, Prudential Financial Inc., Reaves W H & Co. Inc., Stephens Inc. AR, Royal Bank of Canada, PVG Asset Management Corp and Rational Advisors LLC. View Insider Buying and Selling for Uniti Group.

UNIT stock was bought by a variety of institutional investors in the last quarter, including Sylebra HK Co Ltd, Barclays PLC, Thompson Siegel & Walmsley LLC, Millennium Management LLC, Akanthos Capital Management LLC, Blackstone Group L.P., CQS Cayman LP and Global X Management Co. LLC. 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 $20.09.

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.

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]