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Uniti Group Inc (UNIT)
NASDAQ:UNIT

Uniti Group (UNIT) Stock Price & Analysis

1,235 Followers

UNIT Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$2.62 - $6.54
Previous Close$5.31
Volume199.03K
Average Volume (3M)1.75M
Market Cap
$1.27B
Enterprise Value$6.90B
Total Cash (Recent Filing)$34.12M
Total Debt (Recent Filing)$5.66B
Price to Earnings (P/E)-27.9
Beta1.72
May 02, 2024
Dividend Yield11.32%
Share Statistics
EPS (TTM)-0.19
Shares Outstanding238,751,855
10 Day Avg. Volume1,210,517
30 Day Avg. Volume1,748,389
Standard Deviation0.16
R-Squared0.23
Alpha-0.00861
Financial Highlights & Ratios
Price to Book (P/B)-0.43
Price to Sales (P/S)1.12
Price to Cash Flow (P/CF)2.00
P/FCF Ratio1.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.01
Enterprise Value/Gross Profit5.38
Enterprise Value/Ebitda54.61
Forecast
Price Target Upside5.07% Upside
Rating ConsensusHold
Number of Analyst Covering5

Bulls Say, Bears Say

Bulls Say
Asset SaleFiber Infrastructure & Broadband Services company UNIT announced the sale of non-core assets for $87M in gross proceeds, improving financial flexibility.
Financial StabilityThe ABS bridge financing offers UNIT short-term liquidity to meet its upcoming financial obligations.
Growth PotentialManagement provided highly bullish commentary on GenAI demand from hyperscalers.
Bears Say
Dividend RiskGiven the company’s flat adj. EBITDA growth and negative FCF, the risk exists that the Board could choose to cut the annual dividend payment.
Growth ConcernsHyperscale demand is not expected to contribute to UNIT's financials in 2024, indicating no immediate growth from this sector.
Merger ChallengesThe potential re-merger with WIN is complicated by the equity component of the deal, casting uncertainty on the accretion math.
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Financials

Annual

Ownership Overview

13.88%24.80%34.45%26.87%
13.88% Insiders
34.45% Other Institutional Investors
26.87% 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 $2.62 and its highest was $6.54 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 May 02, 2024 which is in 13 days.
      How were Uniti Group Inc’s earnings last quarter?
      Uniti Group Inc released its earnings results on Feb 29, 2024. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.099 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 11.32%. See more information on Uniti Group Inc dividends here
            What is Uniti Group Inc’s EPS estimate?
            Uniti Group Inc’s EPS estimate is $0.12.
              How many shares outstanding does Uniti Group Inc have?
              Uniti Group Inc has 238,751,860 shares outstanding.
                What happened to Uniti Group Inc’s price movement after its last earnings report?
                Uniti Group Inc reported an EPS of $0.13 in its last earnings report, beating expectations of $0.099. Following the earnings report the stock price went up 1.964%.
                  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 58M.
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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

                    Q4 2024
                    0:00 / 0:00
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                    UNIT Stock 12 Months Forecast

                    Average Price Target

                    $5.60
                    ▲(5.07% Upside)
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                    Best Analysts Covering UNIT

                    1 Year
                    Simon FlanneryMorgan Stanley
                    1 Year Success Rate
                    6/13 ratings generated profit
                    46%
                    1 Year Average Return
                    +8.39%
                    reiterated a sell rating 11 months ago
                    Copying Simon Flannery's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of +8.39% per trade.
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