Uniti Group Inc. (UNIT)

NASDAQ: UNIT · IEX Real-Time Price · USD
5.78
-0.12 (-2.03%)
At close: Dec 29, 2023, 4:00 PM
5.79
+0.01 (0.16%)
After-hours: Dec 29, 2023, 6:53 PM EST
-2.03%
Market Cap 1.38B
Revenue (ttm) 1.15B
Net Income (ttm) -34.64M
Shares Out 238.67M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE 12.33
Dividend $0.60 (10.38%)
Ex-Dividend Date Dec 14, 2023
Volume 892,185
Open 5.89
Previous Close 5.90
Day's Range 5.78 - 5.90
52-Week Range 2.94 - 6.86
Beta 1.47
Analysts Hold
Price Target 5.72 (-1.04%)
Earnings Date Feb 23, 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 September 30, 2023, Uniti owns approximately 139,000 fiber route miles, 8.4 million fiber strand miles, and other communications real estate throughout the United States. [Read more]

Sector Real Estate
CEO Kenneth A. Gunderman
Employees 784
Stock Exchange NASDAQ
Ticker Symbol UNIT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for UNIT stock is "Hold." The 12-month stock price forecast is $5.72, which is a decrease of -1.04% from the latest price.

Price Target
$5.72
(-1.04% downside)
Analyst Consensus: Hold
Stock Forecasts

News

11 dividend stocks with high yields expected to be well supported in 2024 per strict criteria

Investors have different approaches to stock dividends. Some have no interest in current income and would prefer companies to focus on growing their businesses, rather than distributing cash to shareh...

4 days ago - Market Watch

This Real Estate Portfolio Yields More Than 12%

Select real estate may be the income investing play for 2024. As I write, seven real estate investment trusts (REITs) are dishing dividends from 8.7% all the way up to 15.4%.

Other symbols: ARRBDNGNLHIWRCSVC
7 days ago - Forbes

Uniti Group Inc. to Present at the BofA Securities 2023 Leveraged Finance Conference

LITTLE ROCK, Ark., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, a...

6 weeks ago - GlobeNewsWire

Uniti Group Inc. Reports Third Quarter 2023 Results

Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO

2 months ago - GlobeNewsWire

Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend

LITTLE ROCK, Ark., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.15 per share, payabl...

2 months ago - GlobeNewsWire

Uniti Group Inc. to Participate at Nareit's REITworld 2023 Annual Conference

LITTLE ROCK, Ark., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Vice President, Investor Relations & Treasury, Bill DiTullio, is scheduled to pa...

2 months ago - GlobeNewsWire

Uniti Group Inc. To Report Third Quarter 2023 Financial Results and Host Conference Call

LITTLE ROCK, Ark., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its third quarter 2023 financial results prior to the opening of trad...

3 months ago - GlobeNewsWire

Uniti Group Inc. to Present at the Deutsche Bank 31st Annual Leveraged Finance Conference

LITTLE ROCK, Ark., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, ...

3 months ago - GlobeNewsWire

Uniti Group Inc. to Participate at the RBC Capital Markets 2023 Global Communications Infrastructure Conference

LITTLE ROCK, Ark., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, will participate in a panel discussion at the...

3 months ago - GlobeNewsWire

Uniti Group Inc. to Present at the BofA Securities 2023 Media, Communications and Entertainment Conference

LITTLE ROCK, Ark., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, a...

4 months ago - GlobeNewsWire

Uniti Group Inc. Reports Second Quarter 2023 Results

Reiterates 2023 Outlook for Revenue, Adjusted EBITDA and AFFO Net Income of $25.6 Million or $0.11 Per Diluted Common Share for the Second Quarter AFFO Per Diluted Common Share of $0.34 for the Second...

5 months ago - GlobeNewsWire

Uniti Group Inc. to Present at the TD Cowen 9th Annual Communications Infrastructure Summit

LITTLE ROCK, Ark., July 26, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present ...

5 months ago - GlobeNewsWire

Uniti Announces Long-Haul Dark Fiber Agreement with Global Internet Provider

LITTLE ROCK, Ark., July 25, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has signed a long-term contract with a prominent global internet provider, offeri...

5 months ago - GlobeNewsWire

Uniti Group Inc. To Report Second Quarter 2023 Financial Results and Host Conference Call

LITTLE ROCK, Ark., June 29, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2023 financial results prior to the opening of tra...

6 months ago - GlobeNewsWire

Uniti Group Inc. to Present at the Nareit 2023 REITweek Investor Conference

LITTLE ROCK, Ark., May 24, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present a...

7 months ago - GlobeNewsWire

Uniti Group Inc. to Present at the TD Cowen 51st Annual Technology, Media & Telecom Conference

LITTLE ROCK, Ark., May 18, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, an...

8 months ago - GlobeNewsWire

Uniti Launches 100G+ MPLS Core Network to Enhance Capacity and Speed to Market

LITTLE ROCK, Ark., May 11, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the deployment of a 100G+ MPLS Core that extends throughout the majority ...

8 months ago - GlobeNewsWire

CORRECTION – Uniti Group Inc. Reports First Quarter 2023 Results

In a release issued under the same headline earlier today by Uniti Group Inc. (Nasdaq: UNIT) please note that the range for AFFO attributable to common shareholders within the Updated Full Year 2023 O...

8 months ago - GlobeNewsWire

Uniti Group Inc. Reports First Quarter 2023 Results

Updates 2023 Outlook Net Loss of $19.2 Million or $0.08 Per Diluted Common Share for the First Quarter Due to One-Time Items Revenue and Adjusted EBITDA Grew 4.2% and 2.9% for the First Quarter, Respe...

8 months ago - GlobeNewsWire

Uniti Group Inc. Releases 2022 Environmental, Social and Governance Report

LITTLE ROCK, Ark., April 13, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the release of its 2022 Environmental, Social and Governance (“ESG”) Re...

9 months ago - GlobeNewsWire

Uniti's Strategic Network Densification Generates New Enterprise and Wholesale Opportunities

Strengthens Uniti's Presence Within Several Key Southeast Metro Markets Strengthens Uniti's Presence Within Several Key Southeast Metro Markets

9 months ago - GlobeNewsWire

Uniti Group Inc. To Report First Quarter 2023 Financial Results and Host Conference Call

LITTLE ROCK, Ark., March 30, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its first quarter 2023 financial results prior to the opening of tra...

9 months ago - GlobeNewsWire

Uniti Group Inc. Announces Extension of its Revolving Credit Facility

LITTLE ROCK, Ark., March 27, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced that it has entered into an amendment to its credit agreement that, upo...

9 months ago - GlobeNewsWire

Uniti Group Inc. Provides 2023 Outlook and Reports Fourth Quarter and Full Year 2022 Results

Record Consolidated New Bookings and Gross Install Activity for Full Year 2022

11 months ago - GlobeNewsWire

Uniti Group Inc. to Present at the J.P. Morgan 2023 Global High Yield and Leveraged Finance Conference

LITTLE ROCK, Ark., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, a...

11 months ago - GlobeNewsWire