Uniti Group Inc. (UNIT)

NASDAQ: UNIT · IEX Real-Time Price · USD
10.23
+0.10 (0.99%)
At close: Aug 18, 2022 4:00 PM
10.03
-0.20 (-1.96%)
After-hours: Aug 18, 2022 7:37 PM EDT
0.99%
Market Cap 2.43B
Revenue (ttm) 1.12B
Net Income (ttm) 184.44M
Shares Out 237.25M
EPS (ttm) 0.74
PE Ratio 13.82
Forward PE 13.40
Dividend $0.60 (5.87%)
Ex-Dividend Date Sep 8, 2022
Volume 465,655
Open 10.13
Previous Close 10.13
Day's Range 10.08 - 10.24
52-Week Range 9.11 - 14.60
Beta 1.07
Analysts Buy
Price Target 13.31 (+30.1%)
Earnings Date Aug 4, 2022

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 wireless infrastructure solutions for the communications industry. As of September 30, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
CEO Kenneth Gunderman
Employees 754
Stock Exchange NASDAQ
Ticker Symbol UNIT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for UNIT stock is "Buy." The 12-month stock price forecast is 13.31, which is an increase of 30.11% from the latest price.

Price Target
$13.31
(30.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Uniti Certified as a Great Place to Work for the 5th Consecutive Year

LITTLE ROCK, Ark., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that is has been recognized with a Great Place to Work Certification™ for 2022. This is the...

Uniti Group (UNIT) Surpasses Q2 FFO and Revenue Estimates

Uniti (UNIT) delivered FFO and revenue surprises of 2.33% and 2.58%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Uniti Group Inc. Reports Second Quarter 2022 Results

Raises 2022 Outlook

Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend

LITTLE ROCK, Ark., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced that its Board of Directors declared a quarterly cash dividend on July 29, 2022 of $0.15 per shar...

Uniti Group Inc. to Present at the Cowen 8th Annual Communications Infrastructure Summit

LITTLE ROCK, Ark., July 26, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Financ...

Uniti Group Inc. To Report Second Quarter 2022 Financial Results and Host Conference Call

LITTLE ROCK, Ark., June 30, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2022 financial results prior to the opening of tradi...

Uniti Group Inc. to Present at the Wells Fargo 2022 Streaming & Connectivity Day Conference

LITTLE ROCK, Ark., June 02, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President, Wholesale & Strategic Accounts, Greg Ortyl, and Vice President, Finance...

Uniti Group Inc. to Present at the Nareit 2022 REITweek Investor Conference

LITTLE ROCK, Ark., May 24, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to participate...

Uniti Group Inc. to Present at the Cowen 50th Annual Technology, Media & Telecom Conference

LITTLE ROCK, Ark, May 19, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, and Vice President, Finance and Investor Relations...

Uniti Group Inc. to Present at the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference

LITTLE ROCK, Ark., May 11, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Finance...

Uniti Group Inc. to Participate at the Barclays 2022 High Yield Bond & Syndicated Loan Conference

LITTLE ROCK, Ark., May 10, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and ...

Uniti Connecting Key East Coast Cable Landing Stations

Provides Connectivity Between Miami, Boca Raton, Jacksonville, Virginia Beach, and Ashburn Provides Connectivity Between Miami, Boca Raton, Jacksonville, Virginia Beach, and Ashburn

Uniti Group (UNIT) Beats Q1 FFO and Revenue Estimates

Uniti (UNIT) delivered FFO and revenue surprises of 2.38% and 0.30%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Uniti Group Inc. Reports First Quarter 2022 Results

Raises 2022 Outlook

Uniti Group Inc. Releases 2021 Environmental, Social and Governance Report

LITTLE ROCK, Ark., April 15, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the release of its 2021 Environmental, Social and Governance (“ESG”) Repo...

Uniti Group Inc. To Report First Quarter 2022 Financial Results and Host Conference Call

LITTLE ROCK, Ark., March 31, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its first quarter 2022 financial results prior to the opening of tradi...

Uniti's First Private Wave Channel Product Goes Live in Florida

Announces Additional Routes Throughout the Southeast Announces Additional Routes Throughout the Southeast

Uniti to Serve as Official Business Fiber Sponsor for The World Games 2022 in Birmingham, Alabama

LITTLE ROCK, Ark., March 15, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) is proud to announce that is has been selected to serve as the Official Business Fiber Sponsor for The Wor...

Uniti Group Inc. to Present at the Deutsche Bank 30th Annual Media, Internet & Telecom Conference

LITTLE ROCK, Ark., March 08, 2022 (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 Present at the Raymond James 43rd Annual Institutional Investors Conference

LITTLE ROCK, Ark., March 01, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, and Vice President, Finance and Investor Relati...

Uniti Group (UNIT) Q4 FFO and Revenues Top Estimates

Uniti (UNIT) delivered FFO and revenue surprises of 10% and 4.77%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Uniti Group Inc. Provides 2022 Outlook and Reports Fourth Quarter and Full Year 2021 Results

Third Consecutive Quarter of Consolidated Bookings of ~$1 Million in Monthly Recurring Revenue Third Consecutive Quarter of Consolidated Bookings of ~$1 Million in Monthly Recurring Revenue

UNITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Uniti Group, Inc. on Behalf of Long-Term Stockholders and E...

NEW YORK--(BUSINESS WIRE)-- #Group--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Uniti Group, Inc. (NASDAQ: UNIT) on behalf...

Uniti Group Inc. to Present at the J.P. Morgan 2022 Global High Yield and Leveraged Finance Conference

LITTLE ROCK, Ark., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and...

Uniti Group Inc. Announces Tax Reporting Information for 2021 Distributions

LITTLE ROCK, Ark., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2021 distributions. The following table summarizes the federal inc...