Uniti Group Inc. (UNIT)
Market Cap | 899.48M |
Revenue (ttm) | 1.15B |
Net Income (ttm) | -22.60M |
Shares Out | 237.33M |
EPS (ttm) | -0.10 |
PE Ratio | n/a |
Forward PE | 7.53 |
Dividend | $0.60 (15.83%) |
Ex-Dividend Date | Jun 14, 2024 |
Volume | 2,370,182 |
Open | 3.940 |
Previous Close | 3.850 |
Day's Range | 3.775 - 4.015 |
52-Week Range | 3.390 - 6.710 |
Beta | 1.41 |
Analysts | Hold |
Price Target | 6.10 (+60.95%) |
Earnings Date | May 3, 2024 |
About 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]
Financial Performance
In 2023, Uniti Group's revenue was $1.15 billion, an increase of 1.86% compared to the previous year's $1.13 billion. Losses were -$82.94 million, 779.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for UNIT stock is "Hold." The 12-month stock price forecast is $6.1, which is an increase of 60.95% from the latest price.
News
Uniti Group Inc. to Participate at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference
LITTLE ROCK, Ark., May 15, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Inves...
Uniti Group Inc. to Participate at the Barclays 2024 Leveraged Finance Conference
LITTLE ROCK, Ark., May 15, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, an...
Uniti Group Inc. to Participate at the Goldman Sachs 9th Annual Leveraged Finance and Credit Conference
LITTLE ROCK, Ark., May 07, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Inves...
Uniti Group Inc. Announces Pricing of Senior Secured Notes Offering
LITTLE ROCK, Ark., May 06, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., ...
Uniti Group Inc. Announces Private Offering of Senior Secured Notes
LITTLE ROCK, Ark., May 06, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., ...
UNITI GROUP INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Uniti Group Inc. - UNIT
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Uniti Group In...
UNITI GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Uniti Group Inc. - UNIT
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Uniti Group In...
UNIT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Uniti Group Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Uniti Group Inc. (NASDAQ: UNIT) and Windstream Holdings II, LLC is fair to Uniti shareh...
Uniti Group Inc. Reports First Quarter 2024 Results
Announced Merger with Windstream Creates Premier Insurgent Fiber Provider Updates 2024 Outlook Net Income of $41.3 Million for the First Quarter Net Income of $0.16 Per Diluted Common Share for the Fi...
Uniti to Merge with Windstream Creating Premier Insurgent Fiber Provider
Scaled Platform and Differentiated Focus on Tier II and III Markets De-levered Balance Sheet and Cash Flow Generation to Support Growth Additional Value Creation Opportunities Include up to $125 Milli...
Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
LITTLE ROCK, Ark., May 02, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.15 per share, payable...
Uniti Group Inc. To Report First Quarter 2024 Financial Results and Host Conference Call
LITTLE ROCK, Ark., April 23, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its first quarter 2024 financial results prior to the opening of tra...
Uniti Group Inc. Releases 2023 Environmental, Social and Governance Report
LITTLE ROCK, Ark., April 11, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the release of its 2023 Environmental, Social and Governance (“ESG”) Re...
Uniti Announces Network Expansion in Huntsville Through Large Hyperscaler Contract Award
LITTLE ROCK, Ark., April 10, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) is pleased to announce a significant network expansion in Huntsville, Alabama, one of Uniti's existing 3...
Uniti Group Inc. to Participate at the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference
LITTLE ROCK, Ark., March 05, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, ...
Uniti Group Inc. Reports Fourth Quarter and Full Year 2023 Results
Recently Announced ABS Bridge Financing & Asset Sales Further Strengthen Balance Sheet Provides Initial 2024 Outlook Net Income (Loss) of $30.7 Million and ($81.7) Million for the Fourth Quarter and F...
Uniti Group Inc. Announces Completion of New ABS Bridge Facility and Recent Asset Sales
LITTLE ROCK, Ark., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that Uniti Fiber Bridge Borrower LLC ( the “ABS Borrower”), an indirect,...
Uniti Group Inc. To Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call
LITTLE ROCK, Ark., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its fourth quarter and full year 2023 financial results prior to the ...
Uniti Group Inc. Announces Tax Reporting Information for 2023 Distributions
LITTLE ROCK, Ark., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2023 distributions. The following table summarizes the federal i...
11 dividend stocks with high yields expected to be well supported in 2024 per strict criteria
Investors have different approaches to stock dividends. Some have no interest in current income and would prefer companies to focus on growing their businesses, rather than distributing cash to shareh...
Uniti Group Inc. to Present at the BofA Securities 2023 Leveraged Finance Conference
LITTLE ROCK, Ark., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, a...
Uniti Group Inc. Reports Third Quarter 2023 Results
Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO
Uniti Group Inc. to Participate at Nareit's REITworld 2023 Annual Conference
LITTLE ROCK, Ark., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Vice President, Investor Relations & Treasury, Bill DiTullio, is scheduled to pa...
Uniti Group Inc. To Report Third Quarter 2023 Financial Results and Host Conference Call
LITTLE ROCK, Ark., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its third quarter 2023 financial results prior to the opening of trad...