Uniti Group Inc. (UNIT)
| Market Cap | 1.07B |
| Revenue (ttm) | 1.17B |
| Net Income (ttm) | 62.30M |
| Shares Out | 245.45M |
| EPS (ttm) | 0.23 |
| PE Ratio | 19.08 |
| Forward PE | 11.23 |
| Dividend | $0.15 (3.50%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 3,130,124 |
| Open | 4.500 |
| Previous Close | 4.520 |
| Day's Range | 4.185 - 4.510 |
| 52-Week Range | 2.570 - 6.310 |
| Beta | 1.60 |
| Analysts | Buy |
| Price Target | 7.00 (+60.74%) |
| Earnings Date | May 6, 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 2 analysts, the average rating for UNIT stock is "Buy." The 12-month stock price forecast is $7.0, which is an increase of 60.74% from the latest price.
News
Uniti Group's Plunge Was A Significant Overreaction
The market has overreacted to Uniti Group Inc.'s recent performance; shares dropped 23.7% despite strong financials and promising merger with Windstream. Revenue and adjusted FFO exceeded analyst expe...
Uniti Group Inc. (UNIT) Q1 2025 Earnings Call Transcript
Uniti Group Inc. (NASDAQ:UNIT) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Bill DiTullio - Senior Vice President of Investor Relations & Treasurer Kenny Gunderman - C...
Uniti Group Inc. Reports First Quarter 2025 Results
Updates 2025 Outlook Net Income of $12.2 Million for the First Quarter Net Income of $0.05 Per Diluted Common Share for the First Quarter AFFO of $0.35 Per Diluted Common Share for the First Quarter L...
Uniti Group Inc. to Present at Upcoming Conferences
LITTLE ROCK, Ark., May 01, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present a...
Uniti Appoints John Harrobin President of Kinetic
LITTLE ROCK, Ark., April 23, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its appointment of John Harrobin as President of Kinetic, effective fol...
Uniti Nominates Harold Zeitz for Election to its Board of Directors
LITTLE ROCK, Ark., April 17, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced that its Board of Directors (the “Board”) has nominated Harold Zeitz fo...
Uniti Group Inc. To Report First Quarter 2025 Financial Results and Host Conference Call
LITTLE ROCK, Ark., April 08, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its first quarter 2025 financial results prior to the opening of tra...
Uniti Group Inc. Stockholders Approve Proposed Merger with Windstream Holdings II, LLC
LITTLE ROCK, Ark., April 02, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that its stockholders voted to approve the previously announced propose...
Uniti Group Inc. to Participate at the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference
LITTLE ROCK, Ark., March 04, 2025 (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. to Present at the Morgan Stanley 2025 Technology, Media & Telecom Conference
LITTLE ROCK, Ark., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present ...
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...