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

5.57USD-0.14 (-2.45%)Delayed as of 25 Apr 2024, 10:56 am ET

Market Summary

USD5.57-0.14

Delayedas of 25 Apr 2024, 10:56 am

-2.45%

UNIT Stock Price

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UNIT RSI Chart

UNIT Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

-16.68

Price/Sales (Trailing)

1.19

EV/EBITDA

-25.34

Price/Free Cashflow

3.86

UNIT Price/Sales (Trailing)

UNIT Profitability

Operating Margin

98.35%

EBT Margin

-13.30%

Return on Equity

3.29%

Return on Assets

-1.63%

Free Cashflow Yield

25.9%

UNIT Fundamentals

UNIT Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

0.68%

Rev. Growth (Qtr)

-1.72%

UNIT Earnings

Earnings (TTM)

-81.7M

Earnings Growth (Yr)

-25.07%

Earnings Growth (Qtr)

125.84%

Breaking Down UNIT Revenue

52 Week Range

2.946.01

(Low)(High)

Last 7 days

7.7%

Last 30 days

-5.5%

Last 90 days

4.4%

Trailing 12 Months

89.1%

How does UNIT drawdown profile look like?

UNIT Financial Health

Debt/Equity

-2.22

Debt/Cashflow

0.06

UNIT Investor Care

Dividend Yield

10.51%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.63%

Diluted EPS (TTM)

-0.35

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
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
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	79.00	4,244	-%
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	149	7,339	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.01	7,248	697,380	0.01%
Apr 23, 2024	AMALGAMATED BANK	reduced	-18.57	-88,000	434,000	-%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-370	-	-%
Apr 23, 2024	FIFTH THIRD BANCORP	added	0.11	354	16,550	-%
Apr 22, 2024	IFM Investors Pty Ltd	reduced	-2.98	-1,187	159,813	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	132,304	721,436	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-4.16	-85,939	3,869,730	0.01%
Apr 22, 2024	Strategic Financial Concepts, LLC	new	-	852,573	852,573	0.20%

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

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
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Mar 27, 2024	10-K/A	Annual Report
Mar 26, 2024	10-K/A	Annual Report
Feb 29, 2024	10-K	Annual Report
Feb 29, 2024	8-K	Current Report
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading

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	80.8B	11.1B	-11.38%	-14.09%	59.12	7.25	4.04%	-19.43%
CCI	41.4B	7.0B	-7.81%	-21.93%	27.6	5.94	-0.07%	-10.36%
AVB	27.2B	2.8B	5.15%	11.54%	29.27	9.82	6.73%	-18.30%
ARE	19.9B	3.0B	-5.40%	-0.75%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	-1.30%	9.45%	29.79	8.01	7.80%	39.39%
REG	11.0B	1.3B	0.86%	-1.00%	30.18	8.32	8.04%	-24.50%
BXP	9.9B	3.3B	0.05%	25.09%	51.93	3.02	5.31%	-77.32%
MID-CAP
FRT	8.6B	1.1B	4.65%	8.11%	36.29	7.6	5.38%	-38.52%
SLG	3.4B	899.4M	-0.78%	134.94%	-5.99	3.76	-0.45%	-623.11%
MAC	3.4B	884.1M	-6.34%	63.53%	-12.31	3.82	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	441.2M	-0.23%	22.43%	20.04	2.94	4.38%	15.77%
AIV	1.2B	198.2M	0.25%	4.56%	-7.39	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.69%	5.53%	13.61	1.8	25.53%	134.62%
NYMT	647.8M	258.7M	1.57%	-29.28%	-13.31	2.5	0.11%	83.70%
IVR	417.7M	277.9M	-8.88%	-15.98%	-26.34	1.5	44.33%	96.06%

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 Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.7%	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	270,754,000
Costs and Expenses	-24.8%	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	256,284,000
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,163,000	38,418,000	40,866,000
S&GA Expenses	-0.3%	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	21,331,000
EBITDA Margin	-89.0%	-0.23	-0.12	-0.10	-0.05	-0.10	-0.16	0.02	0.11	0.02	-0.74	-0.58	-1.08	-	-	-	-	-	-	-	-	-
Interest Expenses	-72.8%	-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	-556,989,000
Income Taxes	90.1%	-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	-213,000
Earnings Before Taxes	113.9%	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	14,470,000
EBT Margin	-5.8%	-0.13	-0.13	-0.12	-0.09	-0.02	-0.03	0.16	0.16	0.11	0.03	0.00	-0.61	-	-	-	-	-	-	-	-	-
Net Income	125.8%	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	14,683,000
Net Income Margin	-14.2%	-0.07	-0.06	-0.09	-0.07	-0.01	-0.01	0.17	0.16	0.11	0.04	0.00	-0.59	-	-	-	-	-	-	-	-	-
Free Cashflow	1856.2%	162,554,000	-9,256,000	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	42,287,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.7%	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	4,593
Cash Equivalents	82.5%	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	38.00
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	3,209
Goodwill	0%	157	157	361	361	361	386	602	602	602	602	602	602	602	691	691	691	691	691	693	2.00	692
Liabilities	1.1%	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	6,000
Long Term Debt	-1.0%	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	4,846
Shareholder's Equity	-0.1%	-2,484	-2,482	-	-	-2,271	-	-	-	-2,113	-	-	-	-2,072	-	-	-	-	-	-	-	-
Additional Paid-In Capital	0.2%	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	758
Shares Outstanding	0.0%	237	237	236	236	236	236	235	235	233	232	232	231	-	-	-	-	-	-	-	-	-
Float	-	-	-	1,089	-	-	-	1,388	-	-	-	1,515	-	-	-	1,135	-	-	-	1,287	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	1856.2%	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	72,883
Share Based Compensation	-2.1%	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	2,006
Cashflow From Investing	61.2%	-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	-180,136
Cashflow From Financing	-171.0%	-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	27,134
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	107,978

UNIT Income Statement

2023-12-31

Consolidated Statements of (Loss) Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenue from rentals	$ 911,828	$ 892,414	$ 845,100
Total service revenues	238,003	236,433	255,422
Total revenues	1,149,831	1,128,847	1,100,522
Costs and Expenses:
Interest expense, net	512,349	376,832	446,296
Depreciation and amortization	310,528	292,788	290,942
General and administrative expense	102,732	100,992	101,176
Operating expense (exclusive of depreciation, accretion and amortization)	144,276	143,131	146,869
Goodwill impairment (Note 3)	203,998	240,500	0
Transaction related and other costs	12,611	10,340	7,544
Gain on sale of real estate	(2,164)	(433)	(442)
Gain on sale of operations	0	(176)	(28,143)
Other expense (income), net	18,386	(7,269)	18,553
Total costs and expenses	1,302,716	1,156,705	982,795
(Loss) income before income taxes and equity in earnings from unconsolidated entities	(152,885)	(27,858)	117,727
Income tax benefit	(68,474)	(17,365)	(4,916)
Equity in earnings from unconsolidated entities	(2,662)	(2,371)	(2,102)
Net (loss) income	(81,749)	(8,122)	124,745
Net (loss) income attributable to noncontrolling interests	(36)	153	1,085
Net (loss) income attributable to shareholders	(81,713)	(8,275)	123,660
Participating securities' share in earnings	(1,207)	(1,135)	(1,077)
Dividends declared on convertible preferred stock	(20)	(20)	(10)
Net (loss) income attributable to common shares	$ (82,940)	$ (9,430)	$ 122,573
(Loss) earnings per common share (Note 15)
Basic (in dollars per share)	$ (0.35)	$ (0.04)	$ 0.53
Diluted (in dollars per share)	$ (0.35)	$ (0.04)	$ 0.51
Weighted-average number of common shares outstanding
Basic (in shares)	236,401	235,567	232,888
Diluted (in shares)	236,401	235,567	264,077
Uniti Leasing
Revenues:
Total revenue from rentals	$ 845,925	$ 822,867	$ 797,048
Total service revenues	6,847	4,590	4,449
Uniti Fiber
Revenues:
Total revenue from rentals	65,903	69,547	48,052
Total service revenues	$ 231,156	$ 231,843	$ 250,973

UNIT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Property, plant and equipment, net	$ 3,982,069	$ 3,754,547
Cash and cash equivalents	62,264	43,803
Accounts receivable, net	46,358	42,631
Goodwill	157,380	361,378
Intangible assets, net	305,115	334,846
Straight-line revenue receivable	90,988	68,595
Operating lease right-of-use assets, net	125,105	88,545
Other assets, net	118,117	77,597
Investments in unconsolidated entities	0	38,656
Deferred income tax assets, net	109,128	40,631
Assets held for sale	28,605	0
Total Assets	5,025,129	4,851,229
Liabilities:
Accounts payable, accrued expenses and other liabilities, net	119,340	122,195
Settlement payable (Note 3)	163,583	251,098
Intangible liabilities, net	156,397	167,092
Accrued interest payable	133,683	121,316
Deferred revenue	1,273,661	1,190,041
Dividends payable	36,162	2
Operating lease liabilities	84,404	66,356
Finance lease obligations	18,110	15,520
Notes and other debt, net	5,523,579	5,188,815
Liabilities held for sale	331	0
Total liabilities	7,509,250	7,122,435
Commitments and contingencies (Note 17)
Shareholders' Deficit:
Preferred stock, $0.0001 par value, 50,000 shares authorized, no shares issued and outstanding	$ 0	$ 0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common Stock, Value, Issued	$ 24	$ 24
Additional paid-in capital	1,221,824	1,210,033
Distributions in excess of accumulated earnings	(3,708,240)	(3,483,634)
Total Uniti shareholders' deficit	(2,486,392)	(2,273,577)
Noncontrolling interests:
Operating partnership units	2,021	2,121
Cumulative non-voting convertible preferred stock, $0.01 par value, 6 shares authorized, 3 issued and outstanding	250	250
Total shareholders' deficit	(2,484,121)	(2,271,206)
Total Liabilities and Shareholders' Deficit	$ 5,025,129	$ 4,851,229

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 Wed Apr 24 2024, market cap of Uniti Group Inc is 1.36 Billion. 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 Wed Apr 24 2024, UNIT's PE ratio (Price to Earnings) is -16.68 and Price to Sales (PS) ratio is 1.19. 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.