Streetbeat News

UNIT

Uniti Group Inc.

https://www.uniti.com

Industry

REIT - Specialty

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of September 30, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States.

Open

6.10

Mkt cap

1.5B

Volume

1.5M

High

6.12

P/E Ratio

14.12

52-wk high

6.71

Low

5.99

Div yield

0.05

52-wk low

2.57

Uniti Group Inc. has announced the pricing of Windstream's add-on offering of 8.250% Senior First Lien Notes. Windstream plans to use the net proceeds to redeem its 7.750% Senior First Lien Notes due 2028.

Portfolio Pulse from

December 13, 2024 | 2:00 am

Uniti Group Inc. will participate in the Raymond James 2024 TMT & Consumer Conference, with key executives attending.

Portfolio Pulse from

December 03, 2024 | 9:30 pm

Uniti Group Inc. will present at the BofA Securities 2024 Leveraged Finance Conference on December 3, 2024. Key executives, including the CFO, will represent the company.

Portfolio Pulse from

November 19, 2024 | 9:30 pm

Uniti Group Inc. will participate in Nareit's REITworld 2024 Annual Conference, with key executives attending.

Portfolio Pulse from

November 05, 2024 | 9:30 pm

Uniti Group shares declined following the release of mixed Q3 financial results and a reduction in FY24 FFO guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 7:32 pm

Uniti Group has adjusted its FY2024 financial guidance, lowering its Funds From Operations (FFO) forecast while slightly raising its sales outlook. The FFO guidance is now set at $1.23-$1.30, down from $1.33-$1.40, and below the $1.35 analyst estimate. Meanwhile, sales guidance has been increased to $1.16B-$1.18B, slightly above the previous range and the $1.17B estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:07 pm

Uniti Group reported Q3 2024 earnings per share of $0.33, missing the consensus estimate of $0.34, but sales of $292.247 million exceeded expectations of $290.373 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:06 pm

Four real estate stocks, KE Holdings, Uniti Group, Macerich, and American Healthcare REIT, are considered overbought based on their RSI values. Investors may want to reconsider holding these stocks due to potential short-term price corrections.

Portfolio Pulse from Avi Kapoor

September 30, 2024 | 1:26 pm

Uniti Group Inc. (NASDAQ:UNIT) announced the pricing of $800M in new Senior First Lien Notes by Windstream subsidiaries as part of a post-merger debt restructuring plan. The notes and a $500M term loan facility are part of a $1.3B financing effort ahead of a planned merger between Uniti and Windstream.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 7:05 am

G-III Apparel Group's shares surged 23.6% after reporting better-than-expected Q2 EPS and issuing strong FY25 guidance. Other stocks like Applied Digital, Yext, and NIO also saw significant gains due to positive financial results and strategic developments.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 5:44 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.