UNIT - Uniti Group Inc Stock Price, Fair Value and News

3.69USD+0.06 (+1.65%)Delayed as of 17 May 2024, 11:06 am ET

Market Summary

USD3.69+0.06

Delayedas of 17 May 2024, 11:06 am

1.65%

UNIT Alerts

Big jump in Earnings (Y/Y)

UNIT Stock Price

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UNIT RSI Chart

UNIT Valuation

Market Cap

872.1M

Price/Earnings (Trailing)

-41.17

Price/Sales (Trailing)

0.76

EV/EBITDA

-18.23

Price/Free Cashflow

2.53

UNIT Price/Sales (Trailing)

UNIT Profitability

Operating Margin

98.34%

EBT Margin

-8.25%

Return on Equity

0.85%

Return on Assets

-0.42%

Free Cashflow Yield

39.53%

UNIT Fundamentals

UNIT Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

-1.17%

Rev. Growth (Qtr)

0.27%

UNIT Earnings

Earnings (TTM)

-21.2M

Earnings Growth (Yr)

315.23%

Earnings Growth (Qtr)

34.6%

Breaking Down UNIT Revenue

52 Week Range

3.396.01

(Low)(High)

Last 7 days

-4.5%

Last 30 days

-32.4%

Last 90 days

-28.8%

Trailing 12 Months

-3.5%

How does UNIT drawdown profile look like?

UNIT Financial Health

Debt/Equity

-2.28

Debt/Cashflow

0.06

UNIT Investor Care

Dividend Yield

16.53%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.70%

Diluted EPS (TTM)

-0.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	1.1B	1.1B	1.1B	1.1B
2022	1.1B	1.1B	1.1B	1.1B
2021	1.1B	1.1B	1.1B	1.1B
2020	1.1B	1.1B	1.1B	1.1B
2019	1.0B	1.0B	1.1B	1.1B
2018	951.5M	985.8M	993.2M	1.0B
2017	807.2M	831.6M	876.6M	916.0M
2016	651.0M	710.8M	737.4M	770.4M
2015	34.2M	35.4M	320.4M	486.5M
2014	0	42.1M	39.1M	36.0M
2013	0	0	0	45.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Uniti Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 27, 2024	mudry ronald j.	sold (taxes)	-20,873	5.55	-3,761	svp-chief revenue officer
Feb 27, 2024	gunderman kenny	sold (taxes)	-128,405	5.55	-23,136	president and ceo
Feb 27, 2024	bullington paul	sold (taxes)	-28,305	5.55	-5,100	svp-cfo & treasurer
Feb 27, 2024	friloux michael	sold (taxes)	-36,868	5.55	-6,643	evp-chief technology officer
Feb 27, 2024	heard daniel l	sold (taxes)	-28,216	5.55	-5,084	evp, gen. counsel & secretary
Feb 27, 2024	black travis	sold (taxes)	-12,149	5.55	-2,189	principal accounting officer
Feb 24, 2024	black travis	sold (taxes)	-2,211	5.73	-386	principal accounting officer
Feb 24, 2024	gunderman kenny	sold (taxes)	-64,296	5.73	-11,221	president and ceo
Feb 24, 2024	mudry ronald j.	sold (taxes)	-7,832	5.73	-1,367	svp-chief revenue officer
Feb 24, 2024	friloux michael	sold (taxes)	-15,069	5.73	-2,630	evp-chief technology officer

Which funds bought or sold UNIT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Gotham Asset Management, LLC	added	14.6	21,342	147,028	-%
May 15, 2024	Cubist Systematic Strategies, LLC	sold off	-100	-377,573	-	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	added	10.81	19,914	171,761	0.01%
May 15, 2024	Cetera Advisor Networks LLC	added	6.65	6,781	83,320	-%
May 15, 2024	ALGERT GLOBAL LLC	reduced	-56.23	-983,000	794,000	0.03%
May 15, 2024	Bienville Capital Management, LLC	unchanged	-	48,139	2,426,990	0.74%
May 15, 2024	Walleye Trading LLC	new	-	62,398	62,398	-%
May 15, 2024	TWO SIGMA SECURITIES, LLC	new	-	76,954	76,954	-%
May 15, 2024	Penserra Capital Management LLC	added	14.21	103,000	723,000	0.01%
May 15, 2024	Laird Norton Wetherby Wealth Management, LLC	sold off	-100	-66,274	-	-%

Are Funds Buying or Selling UNIT?

Are funds buying UNIT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UNIT

No. of Funds

UNIT Alerts

Big jump in Earnings (Y/Y)

Unveiling Uniti Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	15.88%	37,899,684	SC 13G/A
Jan 22, 2024	blackrock inc.	16.6%	39,731,083	SC 13G/A
Feb 14, 2023	elliott investment management l.p.	4.3%	10,120,963	SC 13G/A
Feb 09, 2023	vanguard group inc	16.14%	38,272,931	SC 13G/A
Jan 30, 2023	blackrock inc.	16.4%	38,923,690	SC 13G/A
Jan 23, 2023	blackrock inc.	16.4%	38,923,690	SC 13G/A
Feb 09, 2022	vanguard group inc	16.12%	38,062,322	SC 13G/A
Jan 27, 2022	blackrock inc.	15.1%	35,709,974	SC 13G/A
Jan 26, 2022	blackrock inc.	15.1%	35,709,974	SC 13G/A
Feb 16, 2021	elliott investment management l.p.	8.8%	20,475,739	SC 13G

Recent SEC filings of Uniti Group Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	8-K	Current Report
May 06, 2024	425	Prospectus Filed
May 06, 2024	8-K	Current Report
May 03, 2024	425	Prospectus Filed
May 03, 2024	8-K	Current Report
May 03, 2024	8-K	Current Report
May 03, 2024	8-K	Current Report
May 03, 2024	425	Prospectus Filed
May 03, 2024	425	Prospectus Filed
May 03, 2024	425	Prospectus Filed

Peers (Alternatives to Uniti Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	91.0B	11.2B	13.18%	0.07%	46.11	8.12	3.63%	50.79%
CCI	45.2B	6.8B	10.71%	-9.11%	32.41	6.6	-2.39%	-16.60%
AVB	28.2B	2.8B	10.69%	11.82%	29.49	10.04	5.72%	-6.47%
ARE	21.7B	3.0B	6.06%	4.24%	110.53	7.35	10.44%	-73.79%
AMH	13.4B	-	5.08%	7.08%	31.6	8.22	8.93%	11.87%
REG	11.1B	1.4B	5.53%	2.30%	29.74	8.12	10.48%	-2.93%
BXP	10.0B	3.3B	9.78%	29.48%	52	3.02	4.82%	-75.15%
MID-CAP
FRT	8.4B	1.2B	5.38%	12.34%	35.36	7.33	5.48%	-38.69%
MAC	3.5B	878.0M	1.84%	69.62%	-10.13	3.95	2.35%	-290.60%
SLG	3.4B	892.3M	10.04%	147.14%	-6.73	3.86	-5.33%	-307.54%
SMALL-CAP
AAT	1.4B	444.1M	11.94%	21.68%	20.22	3.12	3.54%	8.91%
AIV	1.2B	198.2M	6.91%	0.60%	-7.62	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.43%	4.37%	36.67	1.73	27.93%	140.31%
NYMT	576.6M	285.4M	-6.09%	-35.38%	-4.18	2.02	11.05%	83.70%
IVR	459.0M	277.2M	16.05%	-12.07%	-55.97	1.66	25.89%	94.64%

Uniti Group Inc News

Latest updates

Uniti Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.3%	286,418,000	285,656,000	290,655,000	283,698,000	289,822,000	283,735,000	283,103,000	283,975,000	278,034,000	293,009,000	266,747,000	268,180,000	272,586,000	275,294,000	258,765,000	266,820,000	266,162,000	268,537,000	263,629,000	264,414,000	261,031,000
Costs and Expenses	-19.8%	250,433,000	312,181,000	415,353,000	263,076,000	312,106,000	250,597,000	452,580,000	225,737,000	227,791,000	262,835,000	225,913,000	214,004,000	280,043,000	330,959,000	248,167,000	871,024,000	351,004,000	285,380,000	285,151,000	217,024,000	254,485,000
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,163,000	38,418,000
S&GA Expenses	-100.0%	-	25,401,000	25,481,000	23,417,000	28,433,000	25,174,000	26,863,000	25,085,000	23,870,000	25,376,000	25,077,000	24,900,000	25,823,000	23,289,000	26,659,000	27,894,000	27,133,000	26,979,000	25,267,000	26,428,000	24,226,000
EBITDA Margin	-32.4%	-0.31	-0.23	-0.12	-0.10	-0.05	-0.10	-0.16	0.02	0.11	0.02	-0.74	-0.58	-	-	-	-	-	-	-	-	-
Interest Expenses	40.9%	-123,211,000	-208,537,500	-120,691,000	-119,689,000	22,000,000	-86,552,000	-97,731,000	-96,377,000	-96,172,000	-159,228,000	-94,793,000	3,000,000	-140,581,000	-885,555,000	102,791,000	107,243,000	178,393,000	-676,954,000	104,655,000	97,729,000	84,458,000
Income Taxes	3.8%	-5,363,000	-5,575,000	-56,130,000	-4,357,000	-2,412,000	-8,060,000	-13,056,000	6,700,000	-2,071,000	-5,199,000	-2,244,000	5,084,000	-2,557,000	-7,553,000	2,801,000	-5,875,000	-4,576,000	-5,489,000	-1,745,000	7,843,000	4,054,000
Earnings Before Taxes	47.0%	35,985,000	24,473,000	-175,696,000	20,622,000	-22,284,000	33,138,000	-169,477,000	58,238,000	50,243,000	30,174,000	40,834,000	54,176,000	-7,457,000	-55,665,000	10,598,000	-604,204,000	-84,842,000	-16,843,000	-21,522,000	47,390,000	6,546,000
EBT Margin	37.9%	-0.08	-0.13	-0.13	-0.12	-0.09	-0.02	-0.03	0.16	0.16	0.11	0.03	0.00	-	-	-	-	-	-	-	-	-
Net Income	34.6%	41,329,000	30,706,000	-118,843,000	25,626,000	-19,202,000	40,977,000	-155,679,000	53,697,000	52,730,000	35,825,000	43,366,000	48,907,000	-4,438,000	-46,969,000	7,265,000	-587,744,000	-78,853,000	-11,354,000	-19,420,000	38,717,000	2,442,000
Net Income Margin	74.0%	-0.02	-0.07	-0.06	-0.09	-0.07	-0.01	-0.01	0.17	0.16	0.11	0.04	0.00	-	-	-	-	-	-	-	-	-
Free Cashflow	-96.2%	6,190,000	162,554,000	-93,633,000	100,892,000	-69,815,000	90,631,000	-33,878,000	87,010,000	-21,156,000	61,427,000	-49,501,000	107,436,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.8%	4,985	5,025	4,943	5,035	4,988	4,851	4,811	4,955	4,890	4,809	4,784	4,745	4,782	4,732	4,838	4,816	5,014	5,017	5,031	4,790	4,697
Cash Equivalents	-18.5%	51.00	62.00	34.00	38.00	70.00	44.00	43.00	61.00	51.00	59.00	70.00	109	122	78.00	196	88.00	109	143	197	299	105
Net PPE	-	-	-	-	-	-	-	-	-	3,547	3,509	3,473	3,401	3,329	3,273	3,287	3,098	3,255	3,410	3,371	3,201	3,175
Goodwill	0%	157	157	157	361	361	361	386	602	602	602	602	602	602	602	691	691	691	691	691	693	2.00
Liabilities	-0.6%	7,462	7,509	7,426	7,366	7,312	7,122	7,071	7,030	6,982	6,923	6,903	6,879	6,935	6,804	6,833	7,033	6,610	6,500	6,468	6,192	6,161
Long Term Debt	2.5%	5,661	5,524	5,582	5,393	5,377	5,189	5,179	5,100	5,120	5,091	4,973	4,884	4,989	4,817	4,830	4,820	5,061	5,018	5,010	5,003	4,921
Shareholder's Equity	0.3%	-2,477	-2,484	-	-	-2,324	-2,271	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid-In Capital	0.2%	1,224	1,222	1,219	1,215	1,212	1,210	1,228	1,224	1,220	1,215	1,209	1,154	1,151	1,209	1,206	958	954	951	948	855	790
Shares Outstanding	0.3%	237	237	237	236	236	236	236	235	235	233	232	232	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,089	-	-	-	1,388	-	-	-	1,515	-	-	-	1,135	-	-	-	1,287	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-96.2%	6,190	162,554	-9,256	185,269	14,562	175,008	50,499	171,387	63,221	145,804	34,876	191,813	126,664	44,418	-113,466	94,009	132,272	55,186	311,432	61,462	188,902
Share Based Compensation	8.6%	3,348	3,083	3,148	3,130	3,130	3,087	3,151	3,201	3,312	2,884	4,166	3,462	3,335	3,275	3,341	4,110	2,995	2,878	2,845	3,197	1,888
Cashflow From Investing	-89.8%	-87,587	-46,158	-119,053	-131,726	-114,374	-133,334	-107,929	-56,407	-94,349	-109,501	-97,332	-30,011	-84,377	-103,340	13,620	166,207	-75,093	-93,547	-394,070	26,504	-83,668
Cashflow From Financing	179.2%	69,875	-88,251	124,283	-85,744	126,355	-41,265	39,419	-104,704	23,354	-47,151	23,671	-175,732	2,645	-59,114	207,147	-281,276	-90,663	-16,143	-19,439	102,167	-33,956
Dividend Payments	-100.0%	-	10.00	35,801	71,585	9.00	35,588	35,591	71,666	105	35,430	35,555	35,425	34,961	34,917	29,114	29,126	42,519	9,656	8,914	9,813	110,348

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UNIT Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Loss) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenue from rentals	$ 228,155	$ 231,920
Total service revenues	58,263	57,902
Total revenues	286,418	289,822
Costs and Expenses:
Interest expense, net	123,211	148,863
Depreciation and amortization	77,485	76,775
General and administrative expense	28,133	28,433
Operating expense (exclusive of depreciation and amortization)	35,198	35,068
Transaction related and other costs	5,687	2,788
Gain on sale of real estate	(18,999)	0
Other (income) expense, net	(282)	20,179
Total costs and expenses	250,433	312,106
Income (loss) before income taxes and equity in earnings from unconsolidated entities	35,985	(22,284)
Income tax benefit	(5,363)	(2,412)
Equity in earnings of unconsolidated entities	0	(661)
Net income (loss)	41,348	(19,211)
Net income (loss) attributable to noncontrolling interests	19	(9)
Net income (loss) attributable to shareholders	41,329	(19,202)
Participating securities' share in earnings	(436)	(247)
Dividends declared on convertible preferred stock	(5)	(5)
Net income (loss) attributable to common shareholders	$ 40,888	$ (19,454)
Income (loss) per common share:
Basic (in dollars per share)	$ 0.17	$ (0.08)
Diluted (in dollars per share)	$ 0.16	$ (0.08)
Weighted-average number of common shares outstanding:
Basic (in shares)	236,901	236,090
Diluted (in shares)	292,407	236,090
Uniti Leasing
Revenues:
Total revenue from rentals	$ 215,992	$ 209,643
Total service revenues	1,629	1,165
Uniti Fiber
Revenues:
Total revenue from rentals	12,163	22,277
Total service revenues	$ 56,634	$ 56,737

UNIT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Property, plant and equipment, net	$ 4,042,485	$ 3,982,069
Cash and cash equivalents	43,058	62,264
Restricted cash and cash equivalents	7,684	0
Accounts receivable, net	48,584	46,358
Goodwill	157,380	157,380
Intangible assets, net	297,689	305,115
Straight-line revenue receivable	96,659	90,988
Operating lease right-of-use assets, net	131,810	125,105
Derivative asset	1,845	0
Other assets	42,471	118,117
Deferred income tax assets, net	114,904	109,128
Assets held for sale	0	28,605
Total Assets	4,984,569	5,025,129
Liabilities:
Accounts payable, accrued expenses and other liabilities	90,039	119,340
Settlement payable (Note 12)	141,043	163,583
Intangible liabilities, net	153,724	156,397
Accrued interest payable	51,797	133,683
Deferred revenue	1,227,454	1,273,661
Dividends payable	37,048	36,162
Operating lease liabilities	81,778	84,404
Finance lease obligations	18,473	18,110
Notes and other debt, net	5,660,696	5,523,579
Liabilities held for sale	0	331
Total liabilities	7,462,052	7,509,250
Commitments and contingencies (Note 12)
Shareholders' Deficit:
Preferred stock, $0.0001 par value, 50,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $0.0001 par value, 500,000 shares authorized; issued and outstanding: 237,309 shares at March 31, 2024 and 236,559 at December 31, 2023	24	24
Additional paid-in capital	1,223,983	1,221,824
Accumulated other comprehensive loss	(167)	0
Distributions in excess of accumulated earnings	(3,703,597)	(3,708,240)
Total Uniti shareholders' deficit	(2,479,757)	(2,486,392)
Noncontrolling interests:
Operating partnership units	2,024	2,021
Cumulative non-voting convertible preferred stock, $0.01 par value, 6 shares authorized, 3 issued and outstanding	250	250
Total shareholders' deficit	(2,477,483)	(2,484,121)
Total Liabilities and Shareholders' Deficit	$ 4,984,569	$ 5,025,129

About Uniti Group Inc

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 June 30, 2023, Uniti owns approximately 138,000 fiber route miles, 8.3 million fiber strand miles, and other communications real estate throughout the United States.

CEO	Mr. Kenneth A. Gunderman
WEBSITE	uniti.com
INDUSTRY	REIT Mortgage
EMPLOYEES	784

Uniti Group Inc Frequently Asked Questions

What is the ticker symbol for Uniti Group Inc? What does UNIT stand for in stocks?

UNIT is the stock ticker symbol of Uniti Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Uniti Group Inc (UNIT)?

As of Thu May 16 2024, market cap of Uniti Group Inc is 872.13 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UNIT stock?

You can check UNIT's fair value in chart for subscribers.

What is the fair value of UNIT stock?

You can check UNIT's fair value in chart for subscribers. The fair value of Uniti Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Uniti Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UNIT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Uniti Group Inc a good stock to buy?

The fair value guage provides a quick view whether UNIT is over valued or under valued. Whether Uniti Group Inc is cheap or expensive depends on the assumptions which impact Uniti Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UNIT.

What is Uniti Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, UNIT's PE ratio (Price to Earnings) is -41.17 and Price to Sales (PS) ratio is 0.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UNIT PE ratio will change depending on the future growth rate expectations of investors.