Uniti Group Inc (NASDAQ:UNIT)’s traded shares stood at 5.7 million during the last session, with the company’s beta value hitting 1.36. At the close of trading, the stock’s price was $3.87, to imply a decrease of -0.26% or -$0.01 in intraday trading. The UNIT share’s 52-week high remains $6.71, putting it -73.39% down since that peak but still an impressive 12.4% since price per share fell to its 52-week low of $3.39. The company has a valuation of $929.81M, with an average of 2.65 million shares over the past 3 months.
Uniti Group Inc (NASDAQ:UNIT) trade information
After registering a -0.26% downside in the last session, Uniti Group Inc (UNIT) has traded red over the past five days. The stock hit a weekly high of 6.06, dropping -0.26% in its intraday price action. The 5-day price performance for the stock is -33.39%, and -34.52% over 30 days. With these gigs, the year-to-date price performance is -33.04%.
Uniti Group Inc (UNIT) estimates and forecasts
Looking at statistics comparing Uniti Group Inc share performance against respective industry, we note that the company has outperformed competitors. Uniti Group Inc (UNIT) shares are -25.58% down over the last 6 months, with its year-to-date growth rate higher than industry average at -2.11% against -2.60%. The rating firms project that company’s revenue will grow 1.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is $289.62 million. Meanwhile, for the quarter ending Sep 2024, a total of 6 analyst(s) estimate revenue growth to $292.42 million.
UNIT Dividends
Uniti Group Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Uniti Group Inc has a forward dividend ratio of 0.60, with the share yield ticking at 15.50% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
