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Uniti Group (UNIT)
:UNIT
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Uniti Group (UNIT) Stock Price & Analysis

1,434 Followers

UNIT Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
Broadband And Fiber GrowthInvestors should appreciate the superior, future-proofed, share-stealing broadband service, delivering bullish long-term FCF growth.
Merger And Business SimplificationThe upcoming Windstream merger will simplify the company with essentially two primary business segments: fiber-to-the-home (FTTH) and Fiber Infrastructure.
Undervalued Stock And Strategic InitiativesUniti is considered a meaningfully undervalued stock, with a SotP analysis suggesting a valuation unlock through strategic initiatives, execution on assets, market education on the Kinetic FTTH business, and an eventual stock technical unwind.
Bears Say
Earnings GuidanceUNIT did not adjust 2024 revenue or adjusted EBITDA guidance with 2Q24 earnings but highlighted expectations for revenues and adjusted EBITDA to be more heavily weighted towards the fourth quarter.
Financial PerformanceAnalyst reiterates an Underperform rating due to the elimination of an attractive dividend, high leverage, and uncertain financial outlook as UNIT awaits the Windstream acquisition to close.
Market ConditionsShares were down 8% as there was a prior 3-month stock rally on an illiquid stock, while Kinetic endures ACP headwinds.
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Financials

Annual

Ownership Overview

2.52%21.20%0.07%42.48%
0.07% Other Institutional Investors
42.48% Public Companies and Individual Investors

UNIT FAQ

What was Uniti Group’s price range in the past 12 months?
Uniti Group lowest stock price was $2.57 and its highest was $6.71 in the past 12 months.
    What is Uniti Group’s market cap?
    Uniti Group’s market cap is $1.33B.
      When is Uniti Group’s upcoming earnings report date?
      Uniti Group’s upcoming earnings report date is Feb 26, 2025 which is in 48 days.
        How were Uniti Group’s earnings last quarter?
        Uniti Group released its earnings results on Oct 31, 2024. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.092 by -$0.042.
          Is Uniti Group overvalued?
          According to Wall Street analysts Uniti Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Uniti Group pay dividends?
            Uniti Group pays a N/A dividend of $0.3 which represents an annual dividend yield of 11.09%. See more information on Uniti Group dividends here
              What is Uniti Group’s EPS estimate?
              Uniti Group’s EPS estimate is 0.1.
                How many shares outstanding does Uniti Group have?
                Uniti Group has 244,114,550 shares outstanding.
                  What happened to Uniti Group’s price movement after its last earnings report?
                  Uniti Group reported an EPS of $0.05 in its last earnings report, missing expectations of $0.092. Following the earnings report the stock price went down -9.302%.
                    Which hedge fund is a major shareholder of Uniti Group?
                    Among the largest hedge funds holding Uniti Group’s share is Elliott Investment Management LP. It holds Uniti Group’s shares valued at 57M.
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                      Company Description

                      Uniti Group

                      Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment is consist of corporate and back office functions of the company. The company was founded in February 2014 and is headquartered in Little Rock, AR.
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                      UNIT Company Deck

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                      UNIT Earnings Call

                      Q3 2024
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The earnings call presented a positive outlook with strong demand for fiber infrastructure and successful strategic initiatives, particularly with hyperscalers and the Windstream merger. Despite some challenges like muted wireless bookings and increased expenses, the overall performance and future potential appear strong.Read More>
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                      UNIT Stock 12 Month Forecast

                      Average Price Target

                      $6.50
                      ▲(19.71% Upside)
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                      Best Analysts Covering UNIT

                      1 Year
                      Frank LouthanRaymond James
                      1 Year Success Rate
                      12/25 ratings generated profit
                      48%
                      1 Year Average Return
                      -0.98%
                      reiterated a buy rating 8 months ago
                      Copying Frank Louthan's trades and holding each position for 1 Year would result in 48.00% of your transactions generating a profit, with an average return of -0.98% per trade.
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