as 07-26-2024 4:00pm EST
Uniti is a REIT with about 140,000 route miles of fiber in the us, primarily in the Southeast. It has agreed to merge with Windstream, which will result in Uniti giving up its REIT status and adding a consumer telecom business line. Uniti's business currently consists exclusively of fiber leasing to enterprises. Windstream currently leases the Uniti network and makes up the bulk of Uniti's revenue and profits. The combined firm will own 217,000 route miles of fiber and pass 4.3 million households and 150,000 commercial buildings, mostly in less populated markets in the Southeast. The firm will continue to offer fiber access to enterprises, as Uniti currently does, but residential telecom services will become its largest revenue stream.
Upcoming Earnings Alert:
Get ready for potential market movements as Uniti Group Inc. UNIT prepares to release earnings report on 01 Aug 2024.
Founded: | N/A | Country: | United States |
Employees: | N/A | City: | LITTLE ROCK |
Market Cap: | 884.1M | IPO Year: | N/A |
Target Price: | $6.13 | AVG Volume (30 days): | 2.7M |
Analyst Decision: | Hold | Number of Analysts: | 4 |
Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
EPS: | -0.10 | EPS Growth: | N/A |
52 Week Low/High: | $2.57 - $6.71 | Next Earning Date: | 08-01-2024 |
Revenue: | $1,146,427,000 | Revenue Growth: | 0.51% |
Revenue Growth (this year): | 3.32% | Revenue Growth (next year): | 2.95% |
UNIT Breaking Stock News: Dive into UNIT Ticker-Specific Updates for Smart Investing
Argus Research
3 days ago
Argus Research
10 days ago
Morningstar Research
14 days ago
Argus Research
17 days ago
Argus Research
24 days ago
GlobeNewswire
25 days ago
Benzinga
a month ago
GOBankingRates
2 months ago
The information presented on this page, "UNIT Uniti Group Inc. - Stocks Price | History | Analysis", including historical data, forecasts, news, insider information, and predictions, is provided for educational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any securities. Decisions regarding investments should be made only after careful consideration and consultation with a qualified financial advisor. We do not endorse or guarantee the accuracy or reliability of the information provided, and we disclaim any liability for financial losses incurred as a result of decisions made based on the information presented.