Uniti Group Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last twelve months. There are currently 1 sell rating, 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Uniti Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UNIT, but not buy additional shares or sell existing shares.
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Uniti Group is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Uniti Group.

Uniti Group Inc. (NASDAQ:UNIT) posted its quarterly earnings results on Sunday, February, 28th. The real estate investment trust reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.64.
View Uniti Group's earnings history.

Uniti Group's stock was trading at $8.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, UNIT stock has increased by 18.7% and is now trading at $10.54.
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Uniti Group declared a quarterly dividend on Thursday, February 25th. Stockholders of record on Thursday, April 1st will be given a dividend of $0.15 per share on Friday, April 16th. This represents a $0.60 dividend on an annualized basis and a yield of 5.69%. The ex-dividend date is Wednesday, March 31st.
View Uniti Group's dividend history.

Uniti Group pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.59%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Uniti Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Uniti Group is 28.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Uniti Group will have a dividend payout ratio of 34.48% next year. This indicates that Uniti Group will be able to sustain or increase its dividend.
View Uniti Group's dividend history.

Uniti Group updated its FY 2021 After-Hours earnings guidance on Monday, March, 1st. The company provided earnings per share (EPS) guidance of 1.55-1.60 for the period. The company issued revenue guidance of $1.083-1.094 billion, compared to the consensus revenue estimate of $1.08 billion.

7 analysts have issued twelve-month price targets for Uniti Group's shares. Their forecasts range from $6.00 to $16.00. On average, they anticipate Uniti Group's share price to reach $10.67 in the next year. This suggests a possible upside of 1.2% from the stock's current price.
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Some companies that are related to Uniti Group include Americold Realty Trust (COLD), Regency Centers (REG), Lamar Advertising (LAMR), VEREIT (VER), STORE Capital (STOR), AGNC Investment (AGNC), Vornado Realty Trust (VNO), Omega Healthcare Investors (OHI), Kimco Realty (KIM), CyrusOne (CONE), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), CubeSmart (CUBE), Klépierre (KLPEF) and Kilroy Realty (KRC).
View all of UNIT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Uniti Group investors own include Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), Ford Motor (F), Lumen Technologies (LUMN), Annaly Capital Management (NLY), Windstream (WIN), Enterprise Products Partners (EPD), Macquarie Infrastructure (MIC) and Omega Healthcare Investors (OHI).

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

Uniti Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Pacer Advisors Inc. (0.56%), State of Alaska Department of Revenue (0.10%) and Everence Capital Management Inc. (0.02%).
View institutional ownership trends for Uniti Group.

UNIT stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., and State of Alaska Department of Revenue.
View insider buying and selling activity for Uniti Group or view top insider-selling stocks.

UNIT stock was bought by a variety of institutional investors in the last quarter, including Everence Capital Management Inc..
View insider buying and selling activity for Uniti Group or or view top insider-buying stocks.

Shares of UNIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UNIT stock can currently be purchased for approximately $10.54.

Uniti Group has a market capitalization of $2.46 billion and generates $1.06 billion in revenue each year. The real estate investment trust earns $10.58 million in net income (profit) each year or $2.08 on an earnings per share basis.

Uniti Group employs 787 workers across the globe.

The official website for Uniti Group is www.uniti.com.

Uniti Group is headquartered at 10802 EXECUTIVE CENTER DRIVE BENTON BUILDING SUITE 300, LITTLE ROCK AR, 72211.

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]