Uniti Group Inc. (UNIT)

Market Cap	1.38B
Revenue (ttm)	1.15B
Net Income (ttm)	-82.94M
Shares Out	238.75M
EPS (ttm)	-0.35
PE Ratio	n/a
Forward PE	11.78
Dividend	$0.60 (10.38%)
Ex-Dividend Date	Mar 27, 2024

Volume	3,055,443
Open	5.61
Previous Close	5.60
Day's Range	5.56 - 5.83
52-Week Range	3.06 - 6.71
Beta	1.43
Analysts	Hold
Price Target	5.25 (-9.17%)
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.

• Industry: REIT - Specialty
• Sector: Real Estate
• CEO: Kenneth A. Gunderman
• Employees: 813
• Stock Exchange: NASDAQ
• Ticker Symbol: UNIT

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 6 analysts, the average rating for UNIT stock is "Hold." The 12-month stock price forecast is $5.25, which is a decrease of -9.17% from the latest price.

Price Target

$5.25

(-9.17% downside)

Analyst Consensus: Hold