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Uniti Group Inc   (UNIT)
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Price: $6.2200 $-0.02 -0.321%
Day's High: $6.32 Week Perf: -4.31 %
Day's Low: $ 6.18 30 Day Perf: 23.17 %
Volume (M): 3,232 52 Wk High: $ 6.71
Volume (M$): $ 20,103 52 Wk Avg: $4.82
Open: $6.19 52 Wk Low: $2.94



 Market Capitalization (Millions $) 1,471
 Shares Outstanding (Millions) 237
 Employees 950
 Revenues (TTM) (Millions $) 1,148
 Net Income (TTM) (Millions $) -34
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 503

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
    Next quarterly dividend pay out on April 12, 2024.


Customers Net Income fell by UNIT's Customers Net Profit Margin fell to

-42.1 %

11.92 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
COP        4.56% 
CVX        2.32% 
EOG        2.26% 
IMO        2.78% 
OXY        3.37% 
XOM        3.67% 
• View Complete Report
   



Dividend

Uniti Group Inc. Declares Quarterly Dividend, Strengthens Position as a Reliable Investment Option

Published Tue, Feb 27 2024 9:15 PM UTC

Dividend Declaration by Uniti Group Inc. Signals Strength and Stability for Shareholders
In a recent press release, Uniti Group Inc. (Uniti) (Nasdaq: UNIT) announced the declaration of a quarterly cash dividend of $0.15 per share on February 22, 2024. This dividend is set to be payable on April 12, 2024 to stockholders of record on March 28, 2024. The announcement of thi...

Uniti Group Inc

Uniti Group Inc Delivers Promising Financial Performance Despite Falling Short of Expected Industry Growth

Uniti Group Inc, a real estate investment trust (REIT), recently reported its financial performance for the third quarter of 2023. The company showed improvement compared to the previous year, although its results were slightly below the average growth rate observed in the REIT industry.
In terms of earnings per share (EPS), Uniti reported a loss of $0.34 per share for the quarter, an improvement from a loss of $0.66 per share in the same period last year. However, EPS also declined from $0.11 per share in the previous reporting period. This indicates that the company has made progress in reducing its losses, but there is still room for improvement.

Dividend

Uniti Group Inc.'s Increased Quarterly Dividend Uplifts Shareholders and Stands as a Testament to Robust Future Outlook

Published Wed, Nov 1 2023 8:16 PM UTC



LITTLE ROCK, Ark., Nov. 01, 2023 - Uniti Group Inc. (Uniti) (Nasdaq: UNIT) has recently made waves in the financial market by declaring a quarterly cash dividend of $0.15 per share. This generous dividend catapults Uniti as a frontrunner in providing significant returns to its esteemed stockholders. Scheduled to be paid on January 4, 2024, to those on record as of ...

Uniti Group Inc

Uniti Group Inc Reports a 0.098% Drop in Top-line for the Latest Fiscal Period


[City name], [Date] - Uniti Group Inc, a renowned Real Estate Investment Trust (REIT), recently disclosed a significant deterioration in its earnings per share (EPS) and revenues for the most recent fiscal period, ending [Date]. With a decline of -47.62% in EPS to $0.11 and a -0.098% decrease in revenue to $283.70 million on a year-on-year basis, the company faces a challenging future.
The second quarter of 2023 was seen as a positive period for the rest of the Real Estate Investment Trusts sector, which experienced top-line growth. Comparatively, Uniti Group Inc reported positive income per share, improving from $-0.08 per share in the preceding financial period, while revenue decreased by -2.113% from $289.82 million.

Uniti Group Inc

Uniti Group Inc Slips into Deficit, But Tops Revenue Expectations in Q1 2023

Uniti Group Inc, formerly known as Communications Sales & Leasing, is a real estate investment trust (REIT) focused on the acquisition and management of communication infrastructure. The company was spun off from Windstream Holdings in 2015 and went public in 2015, trading on the NASDAQ under the ticker symbol UNIT.
The company's primary business is the acquisition and leasing of communication infrastructures such as fiber optic cables, cell towers, and data centers to telecommunication companies. Uniti Group owns over 122,000 fiber miles and has more than 5.6 million fiber strand miles. The communication infrastructures the company owns are utilized by wireless carriers, content providers, data centers, and other communication service providers.
Uniti Group Inc has reported mixed financial results in recent quarters, including gains and losses. For the most recent fiscal period, the company reported a net deficit per share of $-0.08 compared to $0.21 a year before. This was a disappointing development for shareholders, as they were expecting positive returns. However, despite the net deficit, revenue increased by 4.24% to reach $289.82 million from the previous year's quarter.
In the preceding quarter, the company achieved revenue of $283.74 million and a bottom line of $0.17 per share, indicating that the company's financial performance varies from quarter to quarter. An analysis of the company's financials shows that the company struggles with the stability of its net proceeds, which can decrease and increase significantly over a quarter.
In the first quarter of 2023, Uniti Group Inc recorded a net deficit of $-19.211 million, instead of net proceeds of $52.858 million achieved in the same quarter a year before. The company's operating earnings for the same quarter rose 0.51% to $146.758 million. These results were a significant cause for concern among investors, who were expecting the company to maintain steady profits. The company's difficulties in achieving consistent profits can be attributed to several factors, including competition, changes in technology, and regulatory changes.






 

Uniti Group Inc's Segments
 
 
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