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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone501-850-0820
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.02 billion
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/9/2019 (Estimated)
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, March 21st. Shareholders of record on Monday, April 1st will be paid a dividend of $0.05 per share on Monday, April 15th. This represents a $0.20 annualized dividend and a yield of 2.02%. The ex-dividend date is Friday, March 29th. View Uniti Group's Dividend History.
How were Uniti Group's earnings last quarter?
Uniti Group Inc (NASDAQ:UNIT) announced its quarterly earnings results on Wednesday, March, 20th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.63 by $0.58. The real estate investment trust earned $270.75 million during the quarter, compared to the consensus estimate of $267 million. Uniti Group had a net margin of 0.91% and a negative return on equity of 0.67%. Uniti Group's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. View Uniti Group's Earnings History.
When is Uniti Group's next earnings date?
What guidance has Uniti Group issued on next quarter's earnings?
Uniti Group updated its FY19 earnings guidance on Wednesday, March, 20th. The company provided earnings per share guidance of $2.23-2.29 for the period, compared to the Thomson Reuters consensus estimate of $2.31. The company issued revenue guidance of $1.08-1.089 billion, compared to the consensus revenue estimate of $1.09 billion.
What price target have analysts set for UNIT?
8 equities research analysts have issued 12-month price objectives for Uniti Group's stock. Their predictions range from $7.00 to $28.00. On average, they expect Uniti Group's share price to reach $15.00 in the next year. This suggests a possible upside of 51.7% from the stock's current price. View Analyst Price Targets for Uniti Group.
What is the consensus analysts' recommendation for Uniti Group?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 4 sell ratings and 4 hold 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?
News articles about UNIT stock have been trending somewhat negative on Saturday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Uniti Group earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.
Are investors shorting Uniti Group?
Uniti Group saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 19,914,801 shares, an increase of 45.2% from the February 15th total of 13,710,713 shares. Based on an average daily volume of 20,770,166 shares, the short-interest ratio is presently 1.0 days. Currently, 11.6% of the company's stock are short sold. View Uniti Group's Current Options Chain.
Who are some of Uniti Group's key competitors?
Some companies that are related to Uniti Group include Apartment Investment and Management (AIV), Liberty Property Trust (LPT), Store Capital (STOR), Medical Properties Trust (MPW), New Residential Investment (NRZ), Douglas Emmett (DEI), American Homes 4 Rent (AMH), American Campus Communities (ACC), Starwood Property Trust (STWD), Macerich (MAC), CubeSmart (CUBE), Healthcare Trust Of America (HTA), EPR Properties (EPR), CyrusOne (CONE) and Brixmor Property Group (BRX).
What other stocks do shareholders of Uniti Group own?
Who are Uniti Group's key executives?
Uniti Group's management team includes the folowing people:
- Mr. Kenneth A. Gunderman, Pres, CEO & Director (Age 48)
- Mr. Mark A. Wallace CPA, Exec. VP, CFO & Treasurer (Age 62)
- Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 44)
- Mr. Ronald J. Mudry, Chief Revenue Officer & Sr. VP (Age 57)
- Mr. Blake Schuhmacher, Chief Accounting Officer, VP & Controller (Age 41)
Who are Uniti Group's major shareholders?
Uniti Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (2.39%), Nomura Holdings Inc. (1.64%), Bank of New York Mellon Corp (1.53%), Dimensional Fund Advisors LP (1.44%), Dimensional Fund Advisors LP (1.44%) and Toscafund Asset Management LLP (1.26%). 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 Mackay Shields LLC, Bank of New York Mellon Corp, Prudential Financial Inc., Nordea Investment Management AB, Thrivent Financial for Lutherans, Reaves W H & Co. Inc., Gabelli Funds LLC and Financial & Investment Management Group Ltd.. 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 Bank of Montreal Can, Nomura Holdings Inc., Norges Bank, Oregon Public Employees Retirement Fund, LSV Asset Management, Toscafund Asset Management LLP, KBC Group NV and Geode Capital Management 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.
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 $9.89.
How big of a company is Uniti Group?
Uniti Group has a market capitalization of $1.81 billion and generates $1.02 billion 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.
What is Uniti Group's official website?
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)
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.
