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Uniti Group Inc (UNIT)
NASDAQ:UNIT

Uniti Group (UNIT) Stock Price & Analysis

1,334 Followers

UNIT Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$2.57 - $6.22
Previous Close$2.74
Volume1.59M
Average Volume (3M)3.37M
Market Cap
$650.29M
Enterprise Value$6.35B
Total Cash (Recent Filing)$43.06M
Total Debt (Recent Filing)$5.74B
Price to Earnings (P/E)49.0
Beta1.90
Aug 01, 2024
Dividend Yield20.55%
Share Statistics
EPS (TTM)0.06
Shares Outstanding240,257,455
10 Day Avg. Volume4,133,863
30 Day Avg. Volume3,373,476
Standard Deviation0.17
R-Squared0.16
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-0.23
Price to Sales (P/S)0.60
Price to Cash Flow (P/CF)27.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.54
Enterprise Value/Gross Profit4.86
Enterprise Value/Ebitda13.08
Forecast
Price Target Upside63.04% Upside
Rating ConsensusHold
Number of Analyst Covering3

Bulls Say, Bears Say

Bulls Say
Free Cash FlowUNIT expects to achieve positive free cash flow in 2026.
Government SubsidyManagement expects Kinetic to be a large participant and beneficiary of the Broadband Equity, Access and Deployment government subsidy program.
Investment StabilityElliott maintaining its investment in the PF company provides a floor on the stock.
Bears Say
Capital AllocationUNIT will likely be limited in its ability to allocate capital among investing in the business, reconsidering a dividend, and/or share buybacks.
Dividend SuspensionDe-REITing and suspended dividend caused technical headwinds in the stock.
Merger And AcquisitionThere is a long road to equity value recovery due to the elongated time to merger close, synergy realization, and post-merger execution.
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Financials

Annual

Ownership Overview

15.13%25.26%56.46%3.15%
15.13% Insiders
56.46% Other Institutional Investors
3.15% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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UNIT FAQ

What was Uniti Group Inc’s price range in the past 12 months?
Uniti Group Inc lowest stock price was $2.57 and its highest was $6.22 in the past 12 months.
    What is Uniti Group Inc’s market cap?
    Currently, no data Available
    When is Uniti Group Inc’s upcoming earnings report date?
    Uniti Group Inc’s upcoming earnings report date is Aug 01, 2024 which is in 29 days.
      How were Uniti Group Inc’s earnings last quarter?
      Uniti Group Inc released its earnings results on May 03, 2024. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.115 by $0.045.
        Is Uniti Group Inc overvalued?
        According to Wall Street analysts Uniti Group Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Uniti Group Inc pay dividends?
          Uniti Group Inc pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 20.55%. See more information on Uniti Group Inc dividends here
            What is Uniti Group Inc’s EPS estimate?
            Uniti Group Inc’s EPS estimate is $0.1.
              How many shares outstanding does Uniti Group Inc have?
              Uniti Group Inc has 237,330,500 shares outstanding.
                What happened to Uniti Group Inc’s price movement after its last earnings report?
                Uniti Group Inc reported an EPS of $0.16 in its last earnings report, beating expectations of $0.115. Following the earnings report the stock price went down -26.481%.
                  Which hedge fund is a major shareholder of Uniti Group Inc?
                  Among the largest hedge funds holding Uniti Group Inc’s share is Elliott Investment Management LP. It holds Uniti Group Inc’s shares valued at 60M.
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                    Company Description

                    Uniti Group Inc

                    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

                    Q1 2024
                    0:00 / 0:00
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                    UNIT Stock 12 Month Forecast

                    Average Price Target

                    $4.50
                    ▲(63.04% Upside)
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                    Best Analysts Covering UNIT

                    1 Year
                    Frank LouthanRaymond James
                    1 Year Success Rate
                    11/25 ratings generated profit
                    44%
                    1 Year Average Return
                    -3.93%
                    reiterated a buy rating 2 months ago
                    Copying Frank Louthan's trades and holding each position for 1 Year would result in 44.00% of your transactions generating a profit, with an average return of -3.93% per trade.
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