Uniti Group Inc. (UNIT)
| Market Cap | 1.37B |
| Revenue (ttm) | 1.17B |
| Net Income (ttm) | 91.31M |
| Shares Out | 244.11M |
| EPS (ttm) | 0.38 |
| PE Ratio | 14.79 |
| Forward PE | 11.20 |
| Dividend | $0.30 (5.34%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 3,387,398 |
| Open | 5.69 |
| Previous Close | 5.42 |
| Day's Range | 5.56 - 5.98 |
| 52-Week Range | 2.57 - 6.71 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 7.33 (+30.43%) |
| Earnings Date | Feb 21, 2025 |
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
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for UNIT stock is "Buy." The 12-month stock price forecast is $7.33, which is an increase of 30.43% from the latest price.
News
Uniti Group Surges As The Bullish Case Becomes Obvious
Uniti Group Inc.'s Q4 2024 results were mixed, but the overall outlook remains positive, reaffirming my 'strong buy' rating due to significant undervaluation. Despite missing analysts' expectations, U...
Uniti Group Inc. (UNIT) Q4 2024 Earnings Call Transcript
Uniti Group Inc. (NASDAQ:UNIT) Q4 2024 Earnings Conference Call February 21, 2025 8:30 AM ET Company Participants Bill DiTullio - SVP of IR & Treasurer Kenny Gunderman - CEO Paul Bullington - CFO Con...
Uniti Group Inc. Reports Fourth Quarter and Full Year 2024 Results
Recently Completed Landmark ABS Financing Provides Attractive Alternative Source of Capital While Further Strengthening Uniti's Balance Sheet
Uniti Group Inc. to Present at the J.P. Morgan 2025 Global Leveraged Finance Conference
LITTLE ROCK, Ark., Feb. 18, 2025 (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. Completes Inaugural $589 Million Fiber Securitization Notes Offering
Portion of Proceeds from Securitization Notes Offering to be Used to Partially Redeem $125 Million of 10.50% Senior Secured Notes Due 2028
Uniti Group: Despite Merger Plan, Still Not Attractive
Uniti Group's financial health remains precarious with high debt and interest expenses, leading to a Hold rating despite potential merger benefits. The suspension of dividends and the uncertain future...
Uniti Group Inc. To Report Fourth Quarter and Full Year 2024 Financial Results and Host Conference Call
LITTLE ROCK, Ark., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its fourth quarter and full year 2024 financial results prior to the ...
Uniti Group Inc. Announces Tax Reporting Information for 2024 Distributions
LITTLE ROCK, Ark., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2024 distributions. The following table summarizes the federal i...
Uniti Announces New Long-Haul Fiber Contract Award with Large Hyperscaler
LITTLE ROCK, Ark., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) is pleased to announce a new 20-year long-haul fiber and conduit contract award from an existing strategi...
Uniti Group Inc. Announces Pricing of $589 Million Fiber Securitization Notes Offering
LITTLE ROCK, Ark., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, l...
Uniti Group Inc. Announces Launch of Fiber Securitization Notes Offering
LITTLE ROCK, Ark., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, l...
Uniti Group Inc. Announces Pricing of Windstream Add-On Offering of 8.250% Senior First Lien Notes
Windstream Will Use the Net Proceeds to Redeem All of its 7.750% Senior First Lien Notes due 2028 Windstream Will Use the Net Proceeds to Redeem All of its 7.750% Senior First Lien Notes due 2028
Uniti Group Inc. to Participate at the Raymond James 2024 TMT & Consumer Conference
LITTLE ROCK, Ark., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, and Vice President, Investor Relations & Treas...
Uniti Group Inc. to Present at the BofA Securities 2024 Leveraged Finance Conference
LITTLE ROCK, Ark., Nov. 19, 2024 (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. to Participate at Nareit's REITworld 2024 Annual Conference
LITTLE ROCK, Ark., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Inve...
Uniti Group: Q3 Earnings, Buying As Share Plummet
Shares of Uniti Group plunged after management announced financial results for the third quarter of the company's 2024 fiscal year and provided guidance for 2024. A change regarding a material issue l...
Uniti Group Inc. (UNIT) Q3 2024 Earnings Call Transcript
Uniti Group Inc. (NASDAQ:UNIT) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Bill DiTullio - VP, IR Kenny Gunderman - CEO Paul Bullington - CFO Conference Call Par...
Uniti Group Inc. Reports Third Quarter 2024 Results
Third Quarter Consolidated Bookings Monthly Recurring Revenue of $0.9 Million Increased Over 20% From Prior Year
Uniti Announces New Montgomery Infrastructure Award with Large Hyperscaler
LITTLE ROCK, Ark., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) is pleased to announce a new 20-year contract award from a strategic hyperscale customer in Montgomery, A...
Uniti Group Inc. to Deliver Keynote Presentation at the 2024 INCOMPAS Show
LITTLE ROCK, Ark., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to deliver ...
Uniti Group Inc. To Report Third Quarter 2024 Financial Results and Host Conference Call
LITTLE ROCK, Ark., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its third quarter 2024 financial results prior to the opening of trad...
Uniti Group Inc. Announces Pricing of Windstream Refinancing Transactions
Windstream Will Amend Credit Agreement to Allow Collapse of Dual Debt Silos Upon Closing of Planned Merger Windstream Will Amend Credit Agreement to Allow Collapse of Dual Debt Silos Upon Closing of P...
Uniti Group Inc. Announces Successful Completion of Windstream's Consent Solicitation for Senior First Lien Notes Due 2028
Windstream's Indenture Will Now Allow for Collapse of Dual Debt Silos Upon Closing of Planned Merger Windstream's Indenture Will Now Allow for Collapse of Dual Debt Silos Upon Closing of Planned Merge...
Uniti Group Inc. to Present at the RBC Capital Markets 2024 Global Communications Infrastructure Conference
LITTLE ROCK, Ark., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present...