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Uniti Group Inc (UNIT)
NASDAQ:UNIT
Holding UNIT?
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Uniti Group (UNIT) Stock Price & Analysis

1,396 Followers

UNIT Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
EarningsUniti posted near-record MRR bookings of $1.1MM, 40% of which was driven by GenAI fiber deals.
Government SubsidyManagement expects Kinetic to be a large participant and beneficiary of the Broadband Equity, Access and Deployment government subsidy program.
Growth PotentialThe demand for GenAI fiber could be needed in 350 new data centers, indicating significant growth potential.
Bears Say
Company StructureUNIT will remain a standalone company until managing high leverage and capital intensity with muted growth opportunities after eliminating its dividend.
Equity Value RecoveryThere is a long road to equity value recovery due to the elongated time to merger close, synergy realization, and post-merger execution.
Growth OpportunitiesUNIT will remain a standalone company until 2H25, managing high leverage and capital intensity with muted growth opportunities after eliminating its dividend.
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Financials

Annual

Ownership Overview

14.69%24.35%57.25%3.71%
14.69% Insiders
57.25% Other Institutional Investors
3.71% 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 $6.71 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 Oct 31, 2024 which is 52 days ago.
      How were Uniti Group Inc’s earnings last quarter?
      Uniti Group Inc released its earnings results on Aug 01, 2024. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.101 by -$0.031.
        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 11.49%. 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 244,150,940 shares outstanding.
                What happened to Uniti Group Inc’s price movement after its last earnings report?
                Uniti Group Inc reported an EPS of $0.07 in its last earnings report, missing expectations of $0.101. Following the earnings report the stock price went up 6.25%.
                  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 30M.
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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

                    Q2 2024
                    0:00 / 0:00
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                    UNIT Stock 12 Month Forecast

                    Average Price Target

                    $7.75
                    ▲(48.47% 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
                    -1.19%
                    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 -1.19% per trade.
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