as 05-20-2024 9:36am EST
Uniti is a REIT with about 140,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Windstream spun off a substantial portion of its network assets to form Uniti in 2015, and Uniti immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.
Founded: | N/A | Country: | United States |
Employees: | N/A | City: | LITTLE ROCK |
Market Cap: | 910.6M | IPO Year: | N/A |
Target Price: | $6.10 | AVG Volume (30 days): | 2.8M |
Analyst Decision: | Hold | Number of Analysts: | 5 |
Dividend Yield: | 16.44% | Dividend Payout Frequency: | Quarterly |
EPS: | -0.10 | EPS Growth: | N/A |
52 Week Low/High: | $3.39 - $6.71 | Next Earning Date: | 05-03-2024 |
Revenue: | $1,146,427,000 | Revenue Growth: | 0.51% |
Revenue Growth (this year): | 3.23% | Revenue Growth (next year): | 3.03% |
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