UNIT: Uniti Group, Inc.
About
Uniti Group, Inc. is a real estate investment trust company, which engages in the acquisition, construction, and leasing of properties. It operates through the following business segments: Uniti Leasing, Uniti Fiber, and Corporate. The Uniti Leasing segment involves mission-critical communications assets on exclusive or shared-tenant basis, and dark fiber network. The Uniti Fiber segment includes the operation of infrastructure solutions, cell site backhauls, and dark fiber. The Corporate segment consists of office and shared service functions. The company was founded in February 2014 and is headquartered in Little Rock, AR.
Current Value
$5.691 Year Return
Current Value
$5.691 Year Return
Key Details
Market Cap
$1.38B
P/E Ratio
13.62
1Y Stock Return
4.61%
1Y Revenue Growth
-19.03%
Dividend Yield
10.38%
Price to Book
-0.5
Strategies that include UNIT
Stock's related to UNIT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SPT | 47.47% | $1.67B | -46.02% | 0.00% |
| OMI | 45.88% | $956.92M | -33.32% | 0.00% |
| TWI | 45.64% | $424.30M | -48.58% | 0.00% |
| JOUT | 45.53% | $328.98M | -37.36% | 4.09% |
| UHT | 44.40% | $561.05M | +3.77% | 7.24% |
| ZEUS | 42.84% | $436.06M | -28.26% | 1.47% |
| KOP | 41.52% | $757.45M | -12.85% | 0.74% |
| OTEX | 40.99% | $7.59B | -26.30% | 3.55% |
| BFS | 40.98% | $968.52M | +11.80% | 5.92% |
| STEL | 40.44% | $1.58B | +26.76% | 1.77% |
| VIAV | 39.73% | $2.16B | +23.26% | 0.00% |
| ALEX | 39.57% | $1.41B | +18.14% | 4.59% |
| OLP | 39.35% | $617.02M | +46.60% | 6.26% |
| LAND | 38.96% | $433.13M | -17.05% | 4.30% |
| VBTX | 38.93% | $1.58B | +53.68% | 2.75% |
| ASIX | 38.24% | $777.60M | +11.37% | 2.18% |
| SVC | 38.06% | $431.62M | -63.31% | 23.74% |
| RLJ | 37.65% | $1.47B | -7.25% | 4.71% |
| HONE | 37.49% | $572.67M | +17.97% | 2.43% |
| TWO | 37.34% | $1.21B | -15.84% | 15.54% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| VRSK | -<0.01% | $39.77B | +17.45% | 0.53% |
| VHC | -0.01% | $19.06M | -38.36% | 0.00% |
| CLLS | 0.02% | $141.30M | -30.99% | 0.00% |
| X | 0.04% | $8.76B | +13.32% | 0.51% |
| DNTH | -0.09% | $659.13M | +93.65% | 0.00% |
| NNE | -0.14% | $833.66M | +531.50% | 0.00% |
| TLPH | 0.15% | $11.41M | +9.85% | 0.00% |
| ZCMD | -0.15% | $2.80M | -88.67% | 0.00% |
| NEUE | -0.16% | $40.93M | -34.13% | 0.00% |
| MANU | -0.17% | $2.88B | -9.41% | 0.00% |
| TAL | 0.18% | $4.54B | +2.16% | 0.00% |
| CMLS | -0.21% | $13.08M | -84.44% | 0.00% |
| IMRN | -0.23% | $10.31M | -5.04% | 0.00% |
| DK | -0.23% | $1.14B | -34.04% | 5.64% |
| CYD | -0.28% | $364.46M | -2.94% | 4.26% |
| GEV | -0.35% | $93.72B | +159.05% | 0.00% |
| RGA | 0.40% | $14.97B | +41.90% | 1.52% |
| LLY | 0.40% | $692.74B | +23.14% | 0.71% |
| UTI | 0.42% | $1.07B | +73.54% | 0.00% |
| GCT | -0.44% | $983.16M | +147.95% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HUSA | -18.99% | $16.69M | -11.56% | 0.00% |
| LUNA | -18.11% | $55.69M | -71.48% | 0.00% |
| MCK | -16.54% | $78.15B | +35.51% | 0.42% |
| PGR | -14.51% | $149.10B | +57.29% | 0.45% |
| SMC | -14.05% | $383.35M | +97.26% | 0.00% |
| LITB | -11.25% | $35.48M | -75.45% | 0.00% |
| CBOE | -10.85% | $21.46B | +15.84% | 1.11% |
| LPTH | -10.50% | $62.27M | +33.05% | 0.00% |
| WHLM | -9.47% | $17.64M | -29.34% | 0.00% |
| PRPO | -9.21% | $9.10M | -13.65% | 0.00% |
| UUU | -9.00% | $4.97M | -41.89% | 0.00% |
| MSDL | -8.63% | $1.83B | +0.66% | 7.26% |
| ABEO | -8.41% | $256.04M | +41.25% | 0.00% |
| ALHC | -7.77% | $2.13B | +65.77% | 0.00% |
| OXBR | -7.23% | $19.05M | +178.18% | 0.00% |
| LQDA | -6.72% | $859.91M | +53.94% | 0.00% |
| BACK | -6.46% | $1.76M | -32.90% | 0.00% |
| AAPL | -6.42% | $3.45T | +19.74% | 0.43% |
| ACGL | -6.23% | $36.00B | +16.84% | 0.00% |
| LICY | -5.97% | $53.41M | -60.56% | 0.00% |
ETF's related to UNIT
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -27.00% | $388.04M | 1.43% |
| VIXY | -20.51% | $195.31M | 0.85% |
| USDU | -17.80% | $201.97M | 0.5% |
| UUP | -14.32% | $309.25M | 0.77% |
| EQLS | -13.90% | $76.08M | 1% |
| WEAT | -12.67% | $120.27M | 0.28% |
| HIGH | -12.52% | $302.78M | 0.51% |
| TAIL | -11.39% | $67.98M | 0.59% |
| CTA | -9.51% | $350.27M | 0.78% |
| CORN | -7.84% | $61.12M | 0.2% |
| DBE | -7.35% | $50.13M | 0.77% |
| USCI | -7.20% | $185.47M | 1.07% |
| SOYB | -7.05% | $27.32M | 0.22% |
| DBO | -6.36% | $217.57M | 0.77% |
| GSG | -5.63% | $914.42M | 0.75% |
| COMT | -5.26% | $829.06M | 0.48% |
| PDBC | -5.01% | $4.40B | 0.59% |
| DBC | -5.00% | $1.39B | 0.87% |
| DBA | -3.30% | $755.88M | 0.93% |
| CANE | -2.82% | $17.72M | 0.29% |
News
SeekingAlpha
Investment activity in October focused on Business Development Companies. Check out my portfolio, my main picks, and my target for 2024.
Yahoo
LITTLE ROCK, Ark., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the BofA Securities Leveraged Finance Conference. The presentation is scheduled for 9:30 AM EST on December 3, 2024 in Boca Raton, FL. You may access a live webcast of the event on Uniti’s Investor Relations
SeekingAlpha
For Q3 2024, the fund's Retail Class shares gained 5.28%, matching the benchmark, the ICE BofA US High Yield Constrained Index. Click here to read the full commentary.
SeekingAlpha
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts
Yahoo
LITTLE ROCK, Ark., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at Nareit’s REITworld 2024 Annual Conference on November 19, 2024 in Las Vegas, NV. Investor materials will be made available on Uniti’s Investor Relations website at investor.uniti.com under the Events & Presentations tab. ABOUT
Yahoo
Uniti Group Inc (UNIT) reports solid Q3 2024 results with increased revenue outlook and strategic fiber expansion, despite competitive challenges and high leverage.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.