NASDAQ:UNIT Uniti Group (UNIT) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free UNIT Stock Alerts $4.44 -1.59 (-26.37%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$4.17▼$5.7950-Day Range$4.44▼$6.5652-Week Range$3.22▼$6.71Volume21.07 million shsAverage Volume2.12 million shsMarket Capitalization$1.07 billionP/E Ratio74.01Dividend Yield13.51%Price Target$5.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Uniti Group alerts: Email Address Uniti Group MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside42.6% Upside$6.33 Price TargetShort InterestHealthy7.57% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.16Based on 18 Articles This WeekInsider TradingN/AProj. Earnings Growth9.70%From $1.34 to $1.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.57 out of 5 starsFinance Sector473rd out of 874 stocksReal Estate Investment Trusts Industry97th out of 181 stocks 3.0 Analyst's Opinion Consensus RatingUniti Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageUniti Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.57% of the float of Uniti Group has been sold short.Short Interest Ratio / Days to CoverUniti Group has a short interest ratio ("days to cover") of 9.3.Change versus previous monthShort interest in Uniti Group has recently decreased by 7.62%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 13.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthUniti Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Uniti Group is 1,000.17%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Uniti Group will have a dividend payout ratio of 40.82% next year. This indicates that Uniti Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UNIT. Previous Next 2.9 News and Social Media Coverage News SentimentUniti Group has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Uniti Group this week, compared to 2 articles on an average week.Search Interest24 people have searched for UNIT on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.MarketBeat Follows16 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Uniti Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.39% of the stock of Uniti Group is held by insiders.Percentage Held by Institutions87.51% of the stock of Uniti Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Uniti Group are expected to grow by 9.70% in the coming year, from $1.34 to $1.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Uniti Group is 74.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Uniti Group is 74.01, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 45.26. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).See his free reveal right here. About Uniti Group Stock (NASDAQ:UNIT)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 fiber and other wireless solutions for the communications industry. As of December 31, 2023, Uniti owns approximately 140,000 fiber route miles, 8.5 million fiber strand miles, and other communications real estate throughout the United States.Read More UNIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UNIT Stock News HeadlinesMay 5, 2024 | americanbankingnews.comUniti Group (NASDAQ:UNIT) Shares Gap Down to $6.03May 4, 2024 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q1 2024 Earnings Call TranscriptMay 5, 2024 | Altimetry (Ad)Stock-Picking AI Predicts #1 Stock of 2024Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.May 3, 2024 | businesswire.comUNITI GROUP INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Uniti Group Inc. - UNITMay 3, 2024 | businesswire.comUNITI GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Uniti Group Inc. - UNITMay 3, 2024 | seekingalpha.comUniti Group Inc. 2024 Q1 - Results - Earnings Call PresentationMay 3, 2024 | investorplace.comUNIT Stock Earnings: Uniti Group Misses Revenue for Q1 2024May 3, 2024 | businesswire.comUNIT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Uniti Group Inc. Is Fair to ShareholdersMay 5, 2024 | Altimetry (Ad)Stock-Picking AI Predicts #1 Stock of 2024Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.May 3, 2024 | msn.comUniti, Windstream agree to merger deal to expand fiber networkMay 3, 2024 | finance.yahoo.comUniti Group Inc. (UNIT) Q1 2024 Earnings: Surpasses Net Income Expectations and Announces ...May 3, 2024 | globenewswire.comUniti Group Inc. Reports First Quarter 2024 ResultsMay 3, 2024 | globenewswire.comUniti to Merge with Windstream Creating Premier Insurgent Fiber ProviderMay 2, 2024 | globenewswire.comUniti Group Inc. Declares $0.15 Per Share Quarterly DividendApril 26, 2024 | americanbankingnews.comUniti Group (UNIT) Set to Announce Quarterly Earnings on FridayApril 23, 2024 | msn.comUniti Group jumps on report nearing deal with WindstreamApril 23, 2024 | globenewswire.comUniti Group Inc. To Report First Quarter 2024 Financial Results and Host Conference CallApril 11, 2024 | globenewswire.comUniti Group Inc. Releases 2023 Environmental, Social and Governance ReportApril 10, 2024 | globenewswire.comUniti Announces Network Expansion in Huntsville Through Large Hyperscaler Contract AwardMarch 5, 2024 | globenewswire.comUniti Group Inc. to Participate at the Deutsche Bank 32nd Annual Media, Internet & Telecom ConferenceMarch 5, 2024 | seekingalpha.comUniti Group: High Yield Comes With Too Much DebtMarch 1, 2024 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | msn.comUniti stock slides after Q4 revenue miss, disappointing 2024 guidanceFebruary 29, 2024 | seekingalpha.comUniti Group Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 29, 2024 | globenewswire.comUniti Group Inc. Reports Fourth Quarter and Full Year 2023 ResultsFebruary 27, 2024 | globenewswire.comUniti Group Inc. Declares $0.15 Per Share Quarterly DividendFebruary 26, 2024 | globenewswire.comUniti Group Inc. Announces Completion of New ABS Bridge Facility and Recent Asset SalesSee More Headlines Receive UNIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Uniti Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/05/2022Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Today5/05/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNASDAQ:UNIT Previous SymbolNASDAQ:CSALV CUSIPN/A CIK1620280 Webwww.uniti.com Phone(501) 850-0820FaxN/AEmployees813Year Founded2014Price Target and Rating Average Stock Price Target$6.33 High Stock Price Target$10.00 Low Stock Price Target$3.50 Potential Upside/Downside+29.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.18) Trailing P/E RatioN/A Forward P/E Ratio3.31 P/E GrowthN/ANet Income$-81,710,000.00 Net Margins-3.83% Pretax Margin-13.30% Return on EquityN/A Return on Assets-0.88% Debt Debt-to-Equity RatioN/A Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$1.15 billion Price / Sales0.93 Cash Flow$1.39 per share Price / Cash Flow3.19 Book Value($10.41) per share Price / Book-0.43Miscellaneous Outstanding Shares240,230,000Free Float236,889,000Market Cap$1.07 billion OptionableOptionable Beta1.40 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Kenneth A. Gunderman (Age 53)President, CEO & Director Comp: $1.75MMr. Paul Bullington (Age 51)Senior VP, CFO & Treasurer Comp: $888.52kMr. Michael Friloux (Age 58)Executive VP & CTO Comp: $660.73kMr. Daniel L. Heard (Age 49)Executive VP, General Counsel & Secretary Comp: $809.47kMr. Ronald J. Mudry (Age 62)Senior VP & Chief Revenue Officer Comp: $477.09kMr. Travis T. Black (Age 41)VP & Chief Accounting Officer Mr. Ric ChuraSenior VP & Chief Information OfficerMs. Jennifer RagsdaleSenior VP & Chief Administrative OfficerMr. Bill DiTullioVice President of Finance & Investor RelationsMr. Joseph E. McCourt Jr. (Age 62)President of Enterprise Sales - Uniti Fiber More ExecutivesKey CompetitorsXenia Hotels & ResortsNYSE:XHREmpire State Realty TrustNYSE:ESRTNETSTREITNYSE:NTSTEasterly Government PropertiesNYSE:DEAGlobal Net LeaseNYSE:GNLView All CompetitorsInstitutional OwnershipNordea Investment Management ABSold 15,003 shares on 5/2/2024Ownership: 0.689%Daiwa Securities Group Inc.Bought 5,062 shares on 5/2/2024Ownership: 0.031%Mirae Asset Global Investments Co. Ltd.Sold 1,734,971 shares on 5/1/2024Ownership: 0.108%Janney Montgomery Scott LLCSold 6,057 shares on 5/1/2024Ownership: 0.073%BNP Paribas Financial MarketsBought 19,830 shares on 5/1/2024Ownership: 0.052%View All Institutional Transactions UNIT Stock Analysis - Frequently Asked Questions Should I buy or sell Uniti Group stock right now? 3 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, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UNIT shares. 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 UNIT analyst ratings or view top-rated stocks. What is Uniti Group's stock price target for 2024? 3 Wall Street analysts have issued 12-month price objectives for Uniti Group's shares. Their UNIT share price targets range from $3.50 to $10.00. On average, they anticipate the company's share price to reach $6.33 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price. View analysts price targets for UNIT or view top-rated stocks among Wall Street analysts. How have UNIT shares performed in 2024? Uniti Group's stock was trading at $5.78 at the beginning of the year. Since then, UNIT shares have decreased by 23.2% and is now trading at $4.44. View the best growth stocks for 2024 here. When is Uniti Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our UNIT earnings forecast. How were Uniti Group's earnings last quarter? Uniti Group Inc. (NASDAQ:UNIT) issued its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.20. The real estate investment trust earned $278 million during the quarter, compared to analyst estimates of $278.94 million. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 earnings per share. How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group? Uniti Group declared a quarterly dividend on Thursday, May 2nd. Investors of record on Friday, June 14th will be paid a dividend of $0.15 per share on Friday, June 28th. This represents a $0.60 dividend on an annualized basis and a yield of 13.51%. The ex-dividend date is Friday, June 14th. Read our dividend analysis for UNIT. Is Uniti Group a good dividend stock? Uniti Group (NASDAQ:UNIT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 13.51%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,000.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UNIT will have a dividend payout ratio of 40.82% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UNIT. What ETFs hold Uniti Group's stock? ETFs with the largest weight of Uniti Group (NASDAQ:UNIT) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), Invesco KBW Premium Yield Equity REIT ETF (KBWY), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT), IQ CBRE NextGen Real Estate ETF (ROOF), Global X Data Center & Digital Infrastructure ETF (VPN), Pacer Data & Infrastructure Real Estate ETF (SRVR), ALPS REIT Dividend Dogs ETF (RDOG) and Hoya Capital High Dividend Yield ETF (RIET). What guidance has Uniti Group issued on next quarter's earnings? Uniti Group updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of 1.270-1.340 for the period, compared to the consensus estimate of 1.290. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. What other stocks do shareholders of Uniti Group own? 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). Who are Uniti Group's major shareholders? Uniti Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Nordea Investment Management AB (0.69%), Principal Financial Group Inc. (0.56%), Raymond James Financial Services Advisors Inc. (0.27%), Benjamin F. Edwards & Company Inc. (0.12%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and Mirae Asset Global Investments Co. Ltd. (0.11%). View institutional ownership trends. How do I buy shares of Uniti Group? Shares of UNIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Uniti Group have any subsidiaries? The following companies are subsidiares of Uniti Group: Amphenol Alden Products Mexico S.A. de C.V..Read More This page (NASDAQ:UNIT) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsCharles Payne Demystifies OptionsUnstoppable ProsperityAutomatic Income (from home)Awesomely, LLCThe A.I. story nobody is telling you (Read ASAP)TradeSmithDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent Nvidia WarningAltimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Uniti Group Inc. 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