Uniti Group Inc (NASDAQ:UNIT) has a beta value of 1.59 and has seen 0.49 million shares traded in the recent trading session. The company, currently valued at $1.17B, closed the recent trade at $4.79 per share which meant it gained $0.14 on the day or 3.00% during that session. The UNIT stock price is -31.73% off its 52-week high price of $6.31 and 46.35% above the 52-week low of $2.57. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.36 million shares traded. The 3-month trading volume is 2.30 million shares.
The consensus among analysts is that Uniti Group Inc (UNIT) is Buy stock at the moment, with a recommendation rating of 2.40. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Uniti Group Inc (NASDAQ:UNIT) trade information
Sporting 3.00% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the UNIT stock price touched $4.79 or saw a rise of 2.24%. Year-to-date, Uniti Group Inc shares have moved -12.92%, while the 5-day performance has seen it change 3.67%. Over the past 30 days, the shares of Uniti Group Inc (NASDAQ:UNIT) have changed -5.90%. Short interest in the company has seen 13.73 million shares shorted with days to cover at 5.47.
Wall Street analysts have a consensus price target for the stock at $7.12, which means that the shares’ value could jump 32.72% from the levels at last check today.. The projected low price target is $7.0 while the price target rests at a high of $7.25. In that case, then, we find that the latest price level in today’s session is -51.36% off the targeted high while a plunge would see the stock gain -46.14% from the levels at last check today..
Uniti Group Inc (UNIT) estimates and forecasts
The company’s shares have lost -14.78% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 53.74% over the past 5 years. Earnings growth for 2025 is a modest -57.24% while over the next 5 years, the company’s earnings are expected to increase by 3.39%.
UNIT Dividends
Uniti Group Inc is expected to release its next earnings report on 2025-Feb-20 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.15 at a share yield of 3.13%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 8.48%.
Uniti Group Inc (NASDAQ:UNIT)’s Major holders
Insiders own 2.70% of the company shares, while shares held by institutions stand at 89.54% with a share float percentage of 92.02%. Investors are also buoyed by the number of investors in a company, with Uniti Group Inc having a total of 412.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 38.87 million shares worth more than $113.51 million. As of 2024-06-30, BLACKROCK INC. held 16.3789% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 37.2 million shares as of 2024-06-30. The firm’s total holdings are worth over $108.62 million and represent 15.6721% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund . As of Mar 31, 2025 , the former fund manager holds about 6.18% shares in the company for having 15.09 shares of worth $72.07 million while later fund manager owns 9.42 shares of worth $44.98 million as of Jan 31, 2025 , which makes it owner of about 3.86% of company’s outstanding stock.
