NASDAQ:UNIT Uniti Group (UNIT) Stock Price, News & Analysis → The ProTrader Dashboard is simple to use! (trade demo inside) (From WealthPress) (Ad) Free UNIT Stock Alerts $5.90 +0.03 (+0.51%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$5.84▼$5.9750-Day Range$4.85▼$6.5652-Week Range$2.94▼$6.71Volume1.71 million shsAverage Volume1.91 million shsMarket Capitalization$1.41 billionP/E RatioN/ADividend Yield10.17%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/Downside2.5% Downside$5.75 Price TargetShort InterestBearish8.57% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.09Based on 6 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.0.67 out of 5 starsFinance Sector811th out of 857 stocksReal Estate Investment Trusts Industry170th out of 181 stocks 1.0 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.75, Uniti Group has a forecasted downside of 2.5% from its current price of $5.90.Amount of Analyst CoverageUniti Group has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted8.57% 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 11.4, which indicates bearish sentiment.Change versus previous monthShort interest in Uniti Group has recently increased by 2.01%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 10.10%, 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 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 3.4 News and Social Media Coverage News SentimentUniti Group has a news sentiment score of 1.09. 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 higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Uniti Group this week, compared to 1 article on an average week.Search InterestOnly 15 people have searched for UNIT on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows10 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 1.20% 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 1.3 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 -32.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Uniti Group is -32.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsGrab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register 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 HeadlinesMarch 26, 2024 | americanbankingnews.comUniti Group (NASDAQ:UNIT) Receives "Sector Perform" Rating from Royal Bank of CanadaMarch 5, 2024 | globenewswire.comUniti Group Inc. to Participate at the Deutsche Bank 32nd Annual Media, Internet & Telecom ConferenceMarch 29, 2024 | Crypto 101 Media (Ad)Crypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.March 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 ResultsMarch 29, 2024 | WealthPress (Ad)The ProTrader Dashboard is simple to use! (trade demo inside)Top traders like Kathy, Philip, Matt and Michael made out like bandits… “Took 65% profit on VFC today! 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To Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference CallDecember 20, 2023 | seekingalpha.comUniti: CCC Spreads And A Great Point To Exit (Rating Downgrade)December 16, 2023 | msn.comUniti Group (UNIT) Price Target Increased by 6.44% to 6.46December 11, 2023 | incomeinvestors.comUniti Group Stock: Undervalued 11%-Yielder Has 65% UpsideNovember 27, 2023 | msn.comUniti Group (UNIT) Price Target Increased by 6.17% to 6.07November 14, 2023 | benzinga.comUniti Group Inc. to Present at the BofA Securities 2023 Leveraged Finance ConferenceNovember 8, 2023 | msn.comUniti stock slides as BofA downgrades to Underperform on 'challenging dynamics'November 8, 2023 | msn.comB of A Securities Downgrades Uniti Group (UNIT)November 3, 2023 | finance.yahoo.comUniti Group Inc. (NASDAQ:UNIT) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comUniti Group Inc. Reports Q3 2023 Results: 2.7% Growth in Consolidated RevenueNovember 2, 2023 | seekingalpha.comUniti Group Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 10, 2023 | seekingalpha.comUniti Group: A Potential Value TrapOctober 9, 2023 | seekingalpha.comUniti Group: 13.4% Yield And The 17% Yield That Works BetterSeptember 22, 2023 | finance.yahoo.comIs Uniti Group (UNIT) Too Good to Be True? A Comprehensive Analysis of a Potential Value TrapSeptember 15, 2023 | finance.yahoo.comUniti Group Inc (UNIT): A Deep Dive into Its Performance PotentialAugust 21, 2023 | nasdaq.comRBC Capital Reiterates Uniti Group (UNIT) Sector Perform RecommendationSee 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 1/4 Dividend12/14/2023Dividend Payable1/04/2024Ex-Dividend for 4/12 Dividend3/27/2024Today3/29/2024Dividend Payable4/12/2024Next Earnings (Estimated)5/02/2024Fiscal 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$5.75 High Stock Price Target$10.00 Low Stock Price Target$3.50 Potential Upside/Downside-2.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.18) Trailing P/E RatioN/A Forward P/E Ratio4.40 P/E GrowthN/ANet Income$-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 / Sales1.23 Cash Flow$1.90 per share Price / Cash Flow3.10 Book Value($10.41) per share Price / Book-0.57Miscellaneous Outstanding Shares238,750,000Free Float235,887,000Market Cap$1.41 billion OptionableOptionable Beta1.41 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Kenneth A. Gunderman (Age 53)President, CEO & Director Comp: $2.04MMr. Paul Bullington (Age 52)Senior VP, CFO & Treasurer Comp: $981.28kMr. Michael Friloux (Age 58)Executive VP & CTO Comp: $729.31kMr. Daniel L. Heard (Age 49)Executive VP, General Counsel & Secretary Comp: $893.52kMr. Travis T. Black (Age 42)VP & Chief Accounting Officer Mr. Ric ChuraSenior VP & Chief Information OfficerMs. Jennifer RagsdaleSenior VP & Chief Administrative OfficerMr. Bill DiTullioVice President of Finance & Investor RelationsMr. Ronald J. Mudry (Age 62)Senior VP & Chief Revenue Officer Comp: $626.22kMr. Joseph E. McCourt Jr. (Age 62)President of Enterprise Sales - Uniti Fiber More ExecutivesKey CompetitorsSafeholdNYSE:SAFELTC PropertiesNYSE:LTCJBG SMITH PropertiesNYSE:JBGSLadder CapitalNYSE:LADRVeris ResidentialNYSE:VREView All CompetitorsInstitutional OwnershipNomura Holdings Inc.Bought 285,112 shares on 3/27/2024Ownership: 0.246%PNC Financial Services Group Inc.Sold 4,970 shares on 3/22/2024Ownership: 0.014%Vanguard Group Inc.Sold 31,167 shares on 3/11/2024Ownership: 15.874%Wellington Management Group LLPSold 96,416 shares on 3/5/2024Ownership: 1.097%Goldman Sachs Group Inc.Bought 93,883 shares on 3/1/2024Ownership: 0.965%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 year. 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 equities research analysts have issued 1 year price objectives for Uniti Group's shares. Their UNIT share price targets range from $3.50 to $10.00. On average, they expect the company's stock price to reach $5.75 in the next year. This suggests that the stock has a possible downside of 2.5%. 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 start of the year. Since then, UNIT shares have increased by 2.1% and is now trading at $5.90. 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, May 2nd 2024. View our UNIT earnings forecast. How were Uniti Group's earnings last quarter? Uniti Group Inc. (NASDAQ:UNIT) released its quarterly earnings data on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share (EPS) 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 the consensus estimate of $278.94 million. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the business earned $0.41 earnings per share. How often does Uniti Group pay dividends? What is the dividend yield for Uniti Group? Uniti Group announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.15 per share on Friday, April 12th. This represents a $0.60 dividend on an annualized basis and a yield of 10.17%. The ex-dividend date of this dividend is Wednesday, March 27th. 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 10.10%. UNIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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), Pacer Data & Infrastructure Real Estate ETF (SRVR), IQ CBRE NextGen Real Estate ETF (ROOF), ALPS REIT Dividend Dogs ETF (RDOG), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Hoya Capital High Dividend Yield ETF (RIET) and Global X SuperDividend ETF (SDIV). What guidance has Uniti Group issued on next quarter's earnings? Uniti Group updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 1.290-1.360 for the period, compared to the consensus estimate of 1.170. 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.88%), Vanguard Group Inc. (15.87%), LSV Asset Management (3.01%), Charles Schwab Investment Management Inc. (2.87%), Dimensional Fund Advisors LP (1.42%) and Wellington Management Group LLP (1.10%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company 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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