Uniti Group Stock Price, News & Analysis (NASDAQ:UNIT)

$7.95
+0.04 (+0.51 %)
(As of 09/22/2019 03:07 PM ET)
Today's Range
$7.85
Now: $7.95
$8.06
50-Day Range
$7.1050
MA: $8.03
$8.94
52-Week Range
$7.05
Now: $7.95
$20.94
Volume1.54 million shs
Average Volume1.77 million shs
Market Capitalization$1.54 billion
P/E Ratio3.30
Dividend Yield2.53%
Beta1.06
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 December 31, 2018, Uniti owns 5.5 million fiber strand miles, approximately 928 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
Current SymbolNASDAQ:UNIT
Previous SymbolNASDAQ:CSALV
CUSIPN/A
Phone501-850-0820

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.02 billion
Cash Flow$2.7226 per share
Book Value($8.34) per share

Profitability

Net Income$16.19 million

Miscellaneous

Employees798
Market Cap$1.54 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, August 6th. Investors of record on Monday, September 30th will be paid a dividend of $0.05 per share on Tuesday, October 15th. This represents a $0.20 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Friday, September 27th. View Uniti Group's Dividend History.

How were Uniti Group's earnings last quarter?

Uniti Group Inc (NASDAQ:UNIT) posted its quarterly earnings results on Thursday, May, 9th. The real estate investment trust reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.54. The real estate investment trust earned $261.03 million during the quarter, compared to analysts' expectations of $270.25 million. Uniti Group had a net margin of 5.34% and a negative return on equity of 3.77%. 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, November 7th 2019. View Earnings Estimates for Uniti Group.

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

Uniti Group updated its FY 2019 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of $2.05-2.09 for the period. The company issued revenue guidance of $1.069-1.078 billion, compared to the consensus revenue estimate of $1.08 billion.

What price target have analysts set for UNIT?

8 analysts have issued 12 month target prices for Uniti Group's shares. Their predictions range from $7.00 to $23.00. On average, they expect Uniti Group's stock price to reach $12.8333 in the next twelve months. This suggests a possible upside of 61.4% 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?

Press coverage about UNIT stock has been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Uniti Group earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Uniti Group.

Are investors shorting Uniti Group?

Uniti Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 26,691,500 shares, an increase of 10.9% from the July 31st total of 24,058,200 shares. Based on an average trading volume of 3,170,000 shares, the days-to-cover ratio is presently 8.4 days. Currently, 15.2% of the shares of the stock are sold short. View Uniti Group's Current Options Chain.

Who are some of Uniti Group's key competitors?

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. Blake Schuhmacher, Chief Accounting Officer, VP & Controller (Age 41)
  • Mr. Michael Friloux, Sr. VP & CTO

Who are Uniti Group's major shareholders?

Uniti Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.28%), BlackRock Inc. (11.25%), Searchlight Capital Partners L.P. (3.88%), Canada Pension Plan Investment Board (2.58%), Bank of New York Mellon Corp (1.57%) and Charles Schwab Investment Management Inc. (1.20%). 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 Invesco Ltd., Marble Ridge Capital LP, Vanguard Group Inc., Retirement Systems of Alabama, State Board of Administration of Florida Retirement System, Teachers Insurance & Annuity Association of America, Menta Capital LLC and Quinn Opportunity Partners LLC. View Insider Buying and Selling for Uniti Group.

Which institutional investors are buying Uniti Group stock?

UNIT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Zimmer Partners LP, Nuveen Asset Management LLC, Charles Schwab Investment Management Inc., Toscafund Asset Management LLP, Isomer Partners LP, KLS Diversified Asset Management LP and JPMorgan Chase & Co.. 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, Robinhood, Fidelity and Charles Schwab.

What is Uniti Group's stock price today?

One share of UNIT stock can currently be purchased for approximately $7.95.

How big of a company is Uniti Group?

Uniti Group has a market capitalization of $1.54 billion and generates $1.02 billion in revenue each year. The real estate investment trust earns $16.19 million in net income (profit) each year or $2.51 on an earnings per share basis. Uniti Group employs 798 workers across the globe.View Additional Information About Uniti Group.

What is Uniti Group's official website?

The official website for Uniti Group is http://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]


MarketBeat Community Rating for Uniti Group (NASDAQ UNIT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  370 (Vote Outperform)
Underperform Votes:  346 (Vote Underperform)
Total Votes:  716
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 9/22/2019 by MarketBeat.com Staff

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