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Price: $4.5400
$-0.23 
-4.822%
|
| Day's High:
| $4.835
| Week Perf:
| -11.67 %
|
| Day's Low: |
$ 4.52 |
30 Day Perf: |
-11.15 % |
| Volume (M): |
2,325 |
52 Wk High: |
$ 8.04 |
| Volume (M$): |
$ 10,556 |
52 Wk Avg: |
$5.31 |
| Open: |
$4.75 |
52 Wk Low: |
$2.94 |
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| Market Capitalization (Millions $) |
1,073 |
| Shares
Outstanding (Millions) |
236 |
| Employees |
950 |
| Revenues (TTM) (Millions $) |
1,140 |
| Net Income (TTM) (Millions $) |
-108 |
| Cash Flow (TTM) (Millions $) |
-23 |
| Capital Exp. (TTM) (Millions $) |
491 |
Uniti Group Inc
Uniti Group Inc. is a real estate investment trust (REIT) that specializes in the acquisition and construction of wireless communication infrastructure across the United States. The Company operates in two business segments: Leasing and Fiber. The leasing segment includes the leasing of space on wireless communication towers to various wireless service providers or carriers. The fiber segment is involved in providing metro and long-haul optical network transport solutions to customers across the region.
Uniti Group Inc. was spun off from Windstream Holdings, Inc. in 2015, and since then, it has been a public company traded on the NASDAQ stock exchange under the ticker symbol UNIT. Over the years, the company has acquired several companies within the telecommunication infrastructure sector, including Southern Light, Tower Cloud, and Hunt Telecom.
The company's leasing segment provides cell tower sites for wireless carriers such as AT&T, Verizon, and T-Mobile. The company owns and operates over6 million fiber strand miles and over 10,000 communications towers across 49 states in the United States, and Puerto Rico.
In addition, Uniti's fiber segment provides wholesale data transport services to customers in Tier II and Tier III markets, which include municipalities, schools, hospitals, and other businesses. The company's network solutions include dark fiber, wavelength, Ethernet, and Internet Protocol services.
Uniti's growth strategy is to acquire additional telecommunication infrastructure properties such as fiber and cell towers. Also, the company has plans to expand its footprint into new markets continually. The company's well-established customer base, high-quality assets, and experienced management team make it well-positioned to value-creating opportunities in the ever-evolving telecommunications infrastructure sector.
In conclusion, Uniti Group Inc. is a successful and growing REIT that specializes in providing wireless communication infrastructure solutions to customers across the United States. The company's innovative approach, quality assets, and an experienced management team are expected to drive strong shareholder returns for years to come.
Company Address: 2101 Riverfront Drive, Suite A Little Rock 72202 AR
Company Phone Number: 850-0820 Stock Exchange / Ticker: NASDAQ UNIT
| UNIT is expected to report next financial results on November 06, 2023. |
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Customers Net Income fell by |
UNIT's Customers Net Profit Margin fell to |
-54.2 % |
10.71 %
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| Stock Performances by Major Competitors |
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First Real Estate Investment Trust Of New Jersey I
First Real Estate Investment Trust Of New Jersey Faces Setbacks in Q3 2023 Earnings Report
In the recent Q3 2023 earnings report, First Real Estate Investment Trust Of New Jersey experienced a net loss per share of $-0.06, a significant decline from the $0.16 per share profit registered in the same period last year. Despite this setback, the company's revenue saw modest growth, increasing by 4.843% to $7.30 million when compared to the corresponding period a year ago.
However, it is worth noting that the revenue rise of First Real Estate Investment Trust Of New Jersey was slightly lower than that of the rest of the Real Estate Investment Trusts industry, which saw an average growth of 5.18% during the same reporting season in comparison to the previous year. In the previous reporting season, the company recorded revenue of $6.92 million and a bottom line of $0.01 per share.
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Essex Property Trust Inc
Essex Property Trust Inc., a prominent Real Estate Investment Trusts (REITs) company, appeared to deliver exceptional earnings in the second quarter of 2023. However, a closer examination of the company's financials raises several concerns regarding its sustainability and future prospects. This extensive bearish article intends to shed light on the potential pitfalls that may overshadow Essex Property Trust's recent successes.
Surge in Earnings:
Undoubtedly, Essex Property Trust Inc. witnessed an impressive surge in its bottom-line earnings, with income per share skyrocketing by an astounding 78.16% to $1.55 per share. While this seems encouraging on the surface, a deeper analysis reveals a concerning trend. In the previous corresponding reporting season, the company achieved a substantially higher bottom line of $2.38 per share, indicating a contraction of earnings in the most recent quarter.
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Cherry Hill Mortgage Investment Corporation
Cherry Hill Mortgage Investment Corporation (CHMI) is a Real Estate Investment Trust that has been facing significant challenges in recent quarters. The company's second quarter earnings report showed a decrease in the loss per share compared to the previous year, raising hopes of a recovery. However, despite some positive numbers, several key indicators suggest a bearish outlook for the company.
Dismal Earnings Performance:
During the second quarter of 2023, CHMI reported a loss per share of $-0.03, representing an improvement compared to the $-0.92 loss per share recorded in the same period the previous year. Although this may appear as a positive trend, it is important to note that the prior reporting season still showed a significant loss per share of $-0.87. This indicates that the company is struggling to turn its financial situation around.
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Hannon Armstrong Sustainable Infrastructure Capita
Hannon Armstrong Sustainable Infrastructure Capital, a Real Estate Investment Trusts company, has recently revealed its financial results for the most recent fiscal period. The company achieved positive profits of $0.14 per share, marking a significant improvement from the previous fiscal year. Additionally, revenue saw substantial growth, outperforming industry peers. This article will outline the key facts and provide an interpretation of these financial results.
Positive Earnings Performance:
Hannon Armstrong Sustainable Infrastructure Capital managed to turn around its financial performance, recording positive profits of $0.14 per share in the most recent fiscal period. This is a significant improvement compared to a loss of $0.21 per share the previous year. However, it is important to note that profits fell by 46.15% from the previous quarter's $0.26 per share.
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Direct Investment Holding Group Inc
The stock market has been on a rollercoaster ride in recent times, with ups and downs making investors nervous. However, there is good news to be found in the financial interval ending June 30, 2023, as we see promising signs for the future.
During this period, the Direct Investment Holding Group Inc experienced a deficit per share of $-0.04, compared to $-0.02 a year ago. Although this may seem like a negative figure, it is important to note that the deficit has decreased from the prior quarter, which saw a deficit of $0.00 per share. This suggests that the company is taking steps in the right direction to improve its financial situation.
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| Per Share |
Current |
| Earnings (TTM) |
-0.46 $ |
| Revenues (TTM) |
4.82 $
|
| Cash Flow (TTM) |
- |
| Cash |
0.16 $
|
| Book Value |
-
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| Dividend (TTM) |
0.61 $ |
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| Per Share |
|
| Earnings (TTM) |
-0.46 $
|
| Revenues (TTM) |
4.82 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.16 $
|
| Book Value |
- |
| Dividend (TTM) |
0.61 $ |
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0.35%