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 given a dividend of $0.60 per share on Friday, July 13th. This represents a $2.40 dividend on an annualized basis and a yield of 10.56%. The ex-dividend date is Thursday, June 28th. View Uniti Group's Dividend History.

Uniti Group Inc (NASDAQ:UNIT) posted its quarterly earnings data on Thursday, May, 10th. The real estate investment trust reported ($0.01) earnings per share 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 the consensus estimate of $247.08 million. Uniti Group had a net margin of 0.75% and a negative return on equity of 0.60%. The company's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. 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 updated 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 EPS 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 1-year price objectives 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. View Analyst Ratings for Uniti Group.

Uniti Group saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 20,528,817 shares, a drop of 15.2% from the May 15th total of 24,197,591 shares. Based on an average daily volume of 1,878,569 shares, the short-interest ratio is presently 10.9 days. Approximately 12.6% of the shares of the stock are short sold. View Uniti Group's Current Options Chain.

Some companies that are related to Uniti Group include Host Hotels and Resorts (HST), Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Extra Space Storage (EXR), Gecina (GECFF), ANNALY Cap Mgmt/SH (NLY), Klépierre (KLPEF), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Regency Centers (REG), Duke Realty (DRE) and Iron Mountain (IRM).

News articles about UNIT stock have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Uniti Group earned a coverage optimism score of 0.03 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 45.41 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Uniti Group's stock is owned by a variety 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 purchased 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 $22.73.

Uniti Group has a market capitalization of $3.99 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]