Uniti Group/UNIT

$3.24

-0.61%
-
1D1W1MYTD1YMAX

About Uniti Group

Uniti Group Inc. is an independent, internally managed real estate investment trust (REIT), which is engaged in the acquisition, construction, and leasing of mission critical infrastructure in the communications industry. The Company is principally focused on acquiring and constructing fiber optic, copper and coaxial broadband networks and data centers. The Company’s lines of business include Uniti Leasing and Uniti Fiber. The Uniti Leasing is engaged in acquiring and constructing mission-critical communications assets, such as fiber, data centers, next generation consumer broadband, coaxial and upgradeable copper, and leasing them back to anchor customers on either an exclusive or shared-tenant basis. The Uniti Fiber is a provider of infrastructure solutions, including cell site backhaul and small cell for wireless operators and ethernet, wavelengths and dark fiber for telecommunications carriers and enterprises. The Company owns approximately 1,40,000 fiber network route miles.

Ticker

UNIT

Sector

Real Estate

Trading on

NASDAQ

Industry

Rental & Leasing

CEO

Kenneth Gunderman

Employees

813

Headquarters

Little rock, United States
Website
uniti.com

Uniti Group Metrics

BasicAdvanced
$783M
Market cap
-
P/E ratio
-$0.13
EPS
1.30
Beta
$0.60
Dividend rate
18.4%
Dividend yield
$783M
1.30194
$6.71
$3.25
2.8M
$0.60
0.071
1.21%
-0.47%
-0.65%
0.683
6.12%
18.4%
18.4%
0.51%
64.32%
2.52%

What the Analysts think about Uniti Group

Analyst Ratings

Majority rating from 5 analysts.
Hold

Price Targets

Average projection from 5 analysts.
79.01% upside
High $10.00
Low $3.50
$3.24
Current price
$5.80
Average price target

Uniti Group Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
14.42% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$286M
0.28%
Net income
$41M
34.53%
Profit margin
14.42%
34.26%

Uniti Group Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 39.13%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.11
-$0.34
$0.13
$0.16
-
Expected
$0.12
$0.11
$0.10
$0.12
$0.10
Surprise
-4.68%
-402.22%
31.02%
39.13%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Uniti Group stock?

Uniti Group (UNIT) has a market cap of $783M as of May 25, 2024.

What is the P/E ratio for Uniti Group stock?

The price to earnings (P/E) ratio for Uniti Group (UNIT) stock is 0 as of May 25, 2024.

Does Uniti Group stock pay dividends?

Yes, the Uniti Group (UNIT) stock pays dividends to shareholders. As of May 25, 2024, the dividend rate is $0.6 and the yield is 18.4%. Uniti Group has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Uniti Group dividend payment date?

The next Uniti Group (UNIT) dividend payment is scheduled for June 28, 2024.

What is the beta indicator for Uniti Group?

Uniti Group (UNIT) has a beta rating of 1.3. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Uniti Group stock price target?

The target price for Uniti Group (UNIT) stock is $5.8, which is 79.01% above the current price of $3.24. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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