UNIT

Uniti Group

4.92 USD
-0.01
0.20%
At close Apr 30, 4:00 PM EDT
After hours
4.92
+0.00
0.00%
1 day
-0.20%
5 days
4.24%
1 month
-2.38%
3 months
-10.38%
6 months
-11.99%
Year to date
-11.35%
1 year
-14.43%
5 years
-30.31%
10 years
-83.64%
 

About: Uniti is a REIT with about 140,000 route miles of fiber in the us, primarily in the Southeast. It has agreed to merge with Windstream, which will result in Uniti giving up its REIT status and adding a consumer telecom business line. Uniti's business currently consists exclusively of fiber leasing to enterprises. Windstream currently leases the Uniti network and makes up the bulk of Uniti's revenue and profits. The combined firm will own 217,000 route miles of fiber and pass 4.3 million households and 150,000 commercial buildings, mostly in less populated markets in the Southeast. The firm will continue to offer fiber access to enterprises, as Uniti currently does, but residential telecom services will become its largest revenue stream.

Employees: 758

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

42% more call options, than puts

Call options by funds: $24.3M | Put options by funds: $17.1M

26% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 85

2.5% more ownership

Funds ownership: 84.94% [Q3] → 87.44% (+2.5%) [Q4]

0% more capital invested

Capital invested by funds: $1.17B [Q3] → $1.17B (+$3.33M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

5% less funds holding

Funds holding: 334 [Q3] → 318 (-16) [Q4]

20% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 50

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$8
63%
upside
Avg. target
$8
63%
upside
High target
$8
63%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Raymond James
Frank Louthan
19% 1-year accuracy
3 / 16 met price target
63%upside
$8
Strong Buy
Upgraded
24 Feb 2025

Financial journalist opinion

Based on 4 articles about UNIT published over the past 30 days

Neutral
GlobeNewsWire
1 week ago
Uniti Appoints John Harrobin President of Kinetic
LITTLE ROCK, Ark., April 23, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its appointment of John Harrobin as President of Kinetic, effective following the successful close of Uniti's merger with Windstream Holdings II, LLC (“Windstream”), which the Company continues to expect will be in the second half of 2025.
Uniti Appoints John Harrobin President of Kinetic
Neutral
GlobeNewsWire
1 week ago
Uniti Nominates Harold Zeitz for Election to its Board of Directors
LITTLE ROCK, Ark., April 17, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced that its Board of Directors (the “Board”) has nominated Harold Zeitz for election to the Board as an independent director at the 2025 annual meeting of stockholders (the “Annual Meeting”).
Uniti Nominates Harold Zeitz for Election to its Board of Directors
Neutral
GlobeNewsWire
3 weeks ago
Uniti Group Inc. To Report First Quarter 2025 Financial Results and Host Conference Call
LITTLE ROCK, Ark., April 08, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its first quarter 2025 financial results prior to the opening of trading on the Nasdaq Stock Exchange on May 6, 2025. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time.
Uniti Group Inc. To Report First Quarter 2025 Financial Results and Host Conference Call
Neutral
GlobeNewsWire
4 weeks ago
Uniti Group Inc. Stockholders Approve Proposed Merger with Windstream Holdings II, LLC
LITTLE ROCK, Ark., April 02, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that its stockholders voted to approve the previously announced proposed merger with an affiliate of Windstream Holdings II, LLC (“Windstream”) and certain other related proposals at a special meeting of the Company's stockholders. Over 90% of the shares of Uniti common stock present and represented at the special meeting voted in favor of the proposed merger.
Uniti Group Inc. Stockholders Approve Proposed Merger with Windstream Holdings II, LLC
Positive
24/7 Wall Street
1 month ago
3 Stocks Trading Under $10 That Deliver Massive Ultra-High-Yield Dividends
Investors love dividend stocks, especially the ultra-high-yield variety because they offer a significant income stream and have massive total return potential.
3 Stocks Trading Under $10 That Deliver Massive Ultra-High-Yield Dividends
Neutral
GlobeNewsWire
1 month ago
Uniti Group Inc. to Participate at the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference
LITTLE ROCK, Ark., March 04, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Senior Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference on March 11, 2025 in Palm Beach, FL.
Uniti Group Inc. to Participate at the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference
Positive
Zacks Investment Research
2 months ago
What Makes Uniti (UNIT) a New Buy Stock
Uniti (UNIT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
What Makes Uniti (UNIT) a New Buy Stock
Neutral
GlobeNewsWire
2 months ago
Uniti Group Inc. to Present at the Morgan Stanley 2025 Technology, Media & Telecom Conference
LITTLE ROCK, Ark., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the Morgan Stanley 2025 Technology, Media & Telecom Conference. The presentation is scheduled for 8:30 AM PST / 11:30 AM EST on March 4, 2025 in San Francisco, CA.
Uniti Group Inc. to Present at the Morgan Stanley 2025 Technology, Media & Telecom Conference
Positive
Seeking Alpha
2 months ago
Uniti Group Surges As The Bullish Case Becomes Obvious
Uniti Group Inc.'s Q4 2024 results were mixed, but the overall outlook remains positive, reaffirming my 'strong buy' rating due to significant undervaluation. Despite missing analysts' expectations, Uniti Group's revenue grew by 2.7%, and operating cash flow and EBITDA showed strong improvements. The company's strategic debt reduction and promising merger with Windstream enhance its financial stability and growth potential, particularly in AI infrastructure.
Uniti Group Surges As The Bullish Case Becomes Obvious
Neutral
Seeking Alpha
2 months ago
Uniti Group Inc. (UNIT) Q4 2024 Earnings Call Transcript
Uniti Group Inc. (NASDAQ:UNIT ) Q4 2024 Earnings Conference Call February 21, 2025 8:30 AM ET Company Participants Bill DiTullio - SVP of IR & Treasurer Kenny Gunderman - CEO Paul Bullington - CFO Conference Call Participants Greg Williams - TD Cowen Frank Louthan - Raymond James and Associates Bora Lee - RBC Capital Markets Operator Good morning, and welcome to today's conference call to discuss Uniti's Fourth Quarter and Full Year 2024 Earnings Results. My name is Gigi and I'll be your operator for today.
Uniti Group Inc. (UNIT) Q4 2024 Earnings Call Transcript
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