NASDAQ:UNIT

Uniti Group Stock Forecast, Price & News

$10.56
-0.17 (-1.58 %)
(As of 04/12/2021 03:51 PM ET)
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Today's Range
$10.48
Now: $10.56
$10.68
50-Day Range
$10.74
MA: $11.56
$12.73
52-Week Range
$4.86
Now: $10.56
$13.40
Volume54,247 shs
Average Volume2.22 million shs
Market Capitalization$2.47 billion
P/E RatioN/A
Dividend Yield5.59%
Beta0.97
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, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States.
Uniti Group logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:UNIT
Previous SymbolNASDAQ:CSALV
CUSIPN/A
Phone501-850-0820
Employees787
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.06 billion
Cash Flow$2.08 per share
Book Value($7.67) per share

Profitability

Net Income$10.58 million

Miscellaneous

Market Cap$2.47 billion
Next Earnings Date5/10/2021 (Estimated)
OptionableOptionable

Headlines

Uniti Group (NASDAQ:UNIT) Trading Down 2.3%
March 31, 2021 |  americanbankingnews.com
Unusual Options Activity Insight: Uniti Group
February 2, 2021 |  finance.yahoo.com
Uniti Group launches nationwide dark fiber services
October 5, 2020 |  seekingalpha.com
Uniti Group sets $250M equity sales agreement
June 22, 2020 |  seekingalpha.com
Uniti Group, Inc. to Host Earnings Call
March 12, 2020 |  finance.yahoo.com
Uniti Group Q4 Earnings Preview
March 11, 2020 |  seekingalpha.com
Uniti Group +2.9% as Cowen boosts to Outperform
March 2, 2020 |  seekingalpha.com
The Old Dividend Is Never Ever Coming Back At Uniti
February 21, 2020 |  seekingalpha.com
When Should You Buy Uniti Group Inc. (NASDAQ:UNIT)?
February 20, 2020 |  finance.yahoo.com
Uniti closes $2.25B in refinancing
February 10, 2020 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.85 out of 5 stars

Finance Sector

290th out of 1,944 stocks

Real Estate Investment Trusts Industry

64th out of 274 stocks

Analyst Opinion: 1.1Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$10.56
-0.17 (-1.58 %)
(As of 04/12/2021 03:51 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Uniti Group (NASDAQ:UNIT) Frequently Asked Questions

Is Uniti Group a buy right now?

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.
View analyst ratings for Uniti Group
or view top-rated stocks.

What stocks does MarketBeat like better than Uniti Group?

Wall Street analysts have given Uniti Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Uniti Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Uniti Group's next earnings date?

Uniti Group is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Uniti Group
.

How were Uniti Group's earnings last quarter?

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
.

How has Uniti Group's stock price been impacted by COVID-19 (Coronavirus)?

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.
View which stocks have been most impacted by COVID-19
.

How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group?

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
.

Is Uniti Group a good dividend stock?

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.

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

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.

What price target have analysts set for UNIT?

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.
View analysts' price targets for Uniti Group
or view top-rated stocks among Wall Street analysts.

Who are Uniti Group's key executives?

Uniti Group's management team includes the following people:
  • Mr. Kenneth A. Gunderman, Pres, CEO & Director (Age 50, Pay $1.76M)
  • Mr. Mark A. Wallace CPA, Exec. VP, CFO & Treasurer (Age 64, Pay $895.49k)
  • Mr. Daniel L. Heard, Exec. VP, Gen. Counsel & Sec. (Age 46, Pay $744.01k)
  • Mr. Michael Friloux, Sr. VP & Chief Technology Officer
  • Mr. Blake Schuhmacher, Chief Accounting Officer & Sr. VP (Age 43)
  • Mr. Bill DiTullio, VP of Fin. & Investor Relations
  • Mr. Arnoud D. Krijt, Sr. VP of Corp. Devel.
  • Ms. Jennifer Ragsdale, Sr. VP of HR
  • Mr. Ronald J. Mudry, Chief Revenue Officer & Sr. VP (Age 59)
  • Mr. Andy Newton, Pres of Uniti Fiber

Who are some of Uniti Group's key competitors?

What other stocks do shareholders of Uniti Group own?

What is Uniti Group's stock symbol?

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

Who are Uniti Group's major shareholders?

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
.

Which major investors are selling Uniti Group stock?

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.

Which major investors are buying Uniti Group stock?

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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Uniti Group's stock price today?

One share of UNIT stock can currently be purchased for approximately $10.54.

How much money does Uniti Group make?

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.

How many employees does Uniti Group have?

Uniti Group employs 787 workers across the globe.

What is Uniti Group's official website?

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

Where are Uniti Group's headquarters?

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

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]


This page was last updated on 4/12/2021 by MarketBeat.com Staff
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