NASDAQ:UNIT Uniti Group (UNIT) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free UNIT Stock Alerts $5.40 +0.09 (+1.69%) (As of 10:16 AM ET) Add Compare Share Share Today's Range$5.32▼$5.4450-Day Range$4.87▼$6.5652-Week Range$2.94▼$6.71Volume284,325 shsAverage Volume1.65 million shsMarket Capitalization$1.30 billionP/E RatioN/ADividend Yield11.11%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/Downside8.3% Upside$5.75 Price TargetShort InterestBearish8.19% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.0.35 out of 5 starsFinance Sector823rd out of 839 stocksReal Estate Investment Trusts Industry169th out of 171 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.Amount of Analyst CoverageUniti Group has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.19% 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 10.9, which indicates bearish sentiment.Change versus previous monthShort interest in Uniti Group has recently decreased by 4.45%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipUniti Group is a leading dividend payer. It pays a dividend yield of 11.30%, 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 0.6 News and Social Media Coverage Search Interest15 people have searched for UNIT on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Uniti Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% 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 1.3 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 -29.50, 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 -29.50, 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 Insiders ExposedThe Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.Click To Access This Powerful Training Right Now! 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 HeadlinesApril 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 AwardApril 23, 2024 | Whats On Finance (Ad)Putin and other countries have a planDid you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon. March 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 PresentationApril 23, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 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 SalesFebruary 13, 2024 | globenewswire.comUniti Group Inc. 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 PotentialSee 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 Payable4/12/2024Today4/23/2024Next 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+8.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.18) Trailing P/E RatioN/A Forward P/E Ratio3.96 P/E GrowthN/ANet Income$-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 / Sales1.11 Cash Flow$1.89 per share Price / Cash Flow2.81 Book Value($10.41) per share Price / Book-0.51Miscellaneous Outstanding Shares240,230,000Free Float236,889,000Market Cap$1.28 billion OptionableOptionable Beta1.40 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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:SAFEVeris ResidentialNYSE:VRELadder CapitalNYSE:LADRElme CommunitiesNYSE:ELMEJBG SMITH PropertiesNYSE:JBGSView All CompetitorsInstitutional OwnershipRaymond James Financial Services Advisors Inc.Sold 28,486 shares on 4/23/2024Ownership: 0.273%Strategic Financial Concepts LLCBought 144,504 shares on 4/22/2024Ownership: 0.060%Sumitomo Mitsui Trust Holdings Inc.Sold 21,233 shares on 4/19/2024Ownership: 0.109%Allspring Global Investments Holdings LLCBought 6,798 shares on 4/18/2024Ownership: 0.034%Diversified Trust CoBought 28,697 shares on 4/18/2024Ownership: 0.030%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 research analysts have issued 12-month target prices for Uniti Group's shares. Their UNIT share price targets range from $3.50 to $10.00. On average, they anticipate the company's stock price to reach $5.75 in the next twelve months. This suggests a possible upside of 8.3% 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 2024. Since then, UNIT shares have decreased by 8.1% and is now trading at $5.31. 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) announced its earnings results on Thursday, May, 5th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by $0.20. The real estate investment trust earned $278 million during the quarter, compared to analysts' expectations of $278.94 million. Uniti Group's quarterly revenue was up 2.0% on a year-over-year basis. 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 declared a quarterly dividend on Thursday, February 22nd. Investors 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 dividend yield of 11.30%. 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 11.30%. 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), IQ CBRE NextGen Real Estate ETF (ROOF), Global X Data Center & Digital Infrastructure ETF (VPN), ALPS REIT Dividend Dogs ETF (RDOG), Pacer Data & Infrastructure Real Estate ETF (SRVR), Hoya Capital High Dividend Yield ETF (RIET) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS). What guidance has Uniti Group issued on next quarter's earnings? Uniti Group issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 1.290-1.360 for the period, compared to the consensus EPS 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 a number of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Strategic Financial Concepts LLC (0.06%), Allspring Global Investments Holdings LLC (0.03%), Diversified Trust Co (0.03%) and GAMMA Investing LLC (0.00%). 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishingtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
