NASDAQ:UNIT - Uniti Group Stock Price, News, & Analysis

Uniti Group trades on the NASDAQ under the ticker symbol "UNIT."

Uniti Group declared a quarterly dividend on Thursday, November 1st. Investors of record on Monday, December 31st will be given a dividend of $0.60 per share on Tuesday, January 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 12.71%. The ex-dividend date is Friday, December 28th. View Uniti Group's Dividend History.

Uniti Group Inc (NASDAQ:UNIT) posted its quarterly earnings results on Thursday, November, 1st. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.02. The real estate investment trust had revenue of $252.60 million for the quarter, compared to the consensus estimate of $253.97 million. Uniti Group had a negative return on equity of 1.33% and a net margin of 1.76%. The company's revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share. View Uniti Group's Earnings History.

Uniti Group is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Uniti Group.

Uniti Group issued an update on its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $2.09-2.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.13. The company issued revenue guidance of $1.012-1.017 billion, compared to the consensus revenue estimate of $1.01 billion.

5 Wall Street analysts have issued 12 month price targets for Uniti Group's shares. Their forecasts range from $22.00 to $28.00. On average, they anticipate Uniti Group's share price to reach $25.80 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Price Targets for Uniti Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Uniti Group.

Press coverage about UNIT stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public 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 1.1 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Uniti Group saw a decline in short interest in October. As of October 15th, there was short interest totalling 12,661,171 shares, a decline of 16.0% from the September 28th total of 15,081,376 shares. Based on an average daily trading volume, of 1,369,582 shares, the days-to-cover ratio is presently 9.2 days. Approximately 7.5% of the company's shares are short sold. View Uniti Group's Current Options Chain.

Some companies that are related to Uniti Group include HCP (HCP), Vornado Realty Trust (VNO), ANNALY CAP MGMT/SH (NLY), Alexandria Real Estate Equities (ARE), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), Gecina (GECFF), WP Carey (WPC), Regency Centers (REG), Klepierre (KLPEF), Duke Realty (DRE), Federal Realty Investment Trust (FRT), Iron Mountain (IRM) and Sun Communities (SUI).

Uniti Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.70%), Thompson Siegel & Walmsley LLC (1.66%), Dimensional Fund Advisors LP (1.40%), Toscafund Asset Management LLP (1.10%), Morgan Stanley (0.77%) and Sylebra HK Co Ltd (0.72%). 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 Sylebra HK Co Ltd, Bank of New York Mellon Corp, Toscafund Asset Management LLP, Reaves W H & Co. Inc., Thompson Siegel & Walmsley LLC, Legal & General Group Plc, Gabelli Funds LLC and Prudential Financial Inc.. View Insider Buying and Selling for Uniti Group.

UNIT stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., LSV Asset Management, Morgan Stanley, Nordea Investment Management AB, Emerald Mutual Fund Advisers Trust, Advisors Asset Management Inc., First Trust Advisors LP and Janus Henderson Group PLC. 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 $18.89.

Uniti Group has a market capitalization of $3.41 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.

The official website for Uniti Group is http://www.uniti.com.

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]