Uniti Group Inc. (UNIT)

Market Cap	1.36B
Revenue (ttm)	1.16B
Net Income (ttm)	100.71M
Shares Out	244.11M
EPS (ttm)	0.42
PE Ratio	13.11
Forward PE	14.41
Dividend	$0.30 (5.39%)
Ex-Dividend Date	Jun 14, 2024

Volume	1,381,880
Open	5.54
Previous Close	5.51
Day's Range	5.50 - 5.65
52-Week Range	2.57 - 6.71
Beta	1.35
Analysts	Buy
Price Target	7.17 (+28.73%)
Earnings Date	Oct 31, 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.

• Industry: REIT - Specialty
• Sector: Real Estate
• Founded: 2015
• Employees: 813
• Stock Exchange: NASDAQ
• Ticker Symbol: UNIT
• Website: https://www.uniti.com

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.

Analyst Forecast

According to 3 analysts, the average rating for UNIT stock is "Buy." The 12-month stock price forecast is $7.17, which is an increase of 28.73% from the latest price.

Price Target

$7.17

(28.73% upside)

Analyst Consensus: Buy