Uniti Group

Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment consists of corporate and back office functions of the company. The company was founded in February 2014 and is headquartered in Little Rock, AR.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Uniti Group reports robust Q4 performance and strategic growth outlook

Uniti Group's Q4 2022 earnings call highlighted strong financial performance, strategic focus on fiber infrastructure, and successful refinancing. Despite challenges from potential competition and lease renewal discussions, Uniti remains optimistic about growth prospects, aiming for free cash flow positivity by 2026.

Uniti Group reports robust Q1 performance and eyes M&A growth

Uniti Group's Q1 performance showcases revenue growth and strategic focus on expanding fiber infrastructure. Despite challenges related to Sprint's tower decommissioning program, the company remains well-positioned with stable revenue streams and growth opportunities through M&A.

Uniti Group maintains solid performance, eyes M&A for growth

Uniti Group's Q2 performance reflects stability and growth potential in core operations and network expansion.
Strategic focus on regional markets and wholesale revenue provides resilience and growth opportunities.
Challenges lie in managing current economic conditions and balancing growth initiatives with financial stability.
Opportunities abound in achieving free cash flow positivity, M&A diversification, and revenue optimization strategies.

Uniti Group reports solid Q3 performance and explores strategic expansion

Uniti Group's Q3 performance reflects steady growth in core recurring revenue and a disciplined approach to regional expansion. The company is well-positioned to capitalize on the increasing demand for fiber and is actively exploring strategic opportunities for network expansion and financial optimization.

Uniti Group strengthens fiber focus with strategic financing decisions

Uniti Group's Q4 2023 earnings call highlighted strategic refinancing, asset sales, and a focus on fiber projects for growth. Strong industry position with a disciplined approach to revenue generation and network expansion.

Uniti Group announces transformative merger with Windstream, enhancing fiber capabilities

Uniti Group's merger with Windstream marks a significant step towards becoming a premier fiber provider, with operational synergies and financial benefits.
While facing regulatory approval challenges and investor sentiment impacts, the company aims to leverage the merger for strategic growth and enhanced market positioning.
The focus on expanding fiber builds, capitalizing on market opportunities, and driving operational efficiencies underscores Uniti's commitment to long-term value creation.
Overall, Uniti's strategic initiatives post-merger position the company well for future growth and competitive advantage in the evolving fiber infrastructure landscape.

Uniti Group reports solid Q2 performance and eyes merger synergies

Uniti Group's Q2 performance reflects stability, growth, and operational efficiency, positioning the company well for the future.
Strategic strengths in core fiber business, pending merger with Windstream, and focus on financial health offer long-term value.
Challenges in wireless bookings, analyst inquiries, and merger integration require proactive management and clear communication.
Opportunities in hyperscaler bookings, revenue diversification, and merger synergies present avenues for sustained growth and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Uniti (UNIT) delivered FFO and revenue surprises of 16.22% and -1.63%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Uniti Group (UNIT) Q3 FFO Surpass Estimates

Second Consecutive Quarter of Consolidated Bookings of ~$1 Million in Monthly Recurring Revenue

Uniti Group Inc. Reports Third Quarter 2021 Results

Adds New Hyperscale Customer Adds New Hyperscale Customer

Uniti Announces New Long-Haul Dark Fiber Route Connecting Key Data Centers in Pittsburgh & Ashburn

Uniti (UNIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Uniti (UNIT) Moves 10.7% Higher: Will This Strength Last?

Uniti Group looks quite appealing at current prices assuming that its Windstream contract remains in force through expiration. If management allocates excess cash flows toward reducing debt, the company will be in a robust position.

Uniti Group: Strong Cash Flow Will Preserve Value

Armada Hoffler Properties

Alico

American Tower

Alexandria Real Estate Equities

BRT Apartments

Camden Property

CatchMark Timber Trust

Farmland Partners

Gaming and Leisure Properties

Gladstone Commercial

Iron Mountain

Lexington Realty

MGM Growth Properties

Moderna

Postal Realty Trust

Simon Property Group

STAG Industrial

UMH Properties

Vici Properties

W. P. Carey

This high yield REIT portfolio is designed to outperform the market. We have hand selected the strongest individual stocks across a wide array of property types.

Our High Yield REIT Portfolio Heading Into The 4th Quarter

LITTLE ROCK, Ark., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its third quarter 2021 financial results prior to the opening of trading on the Nasdaq Stock Exchange on November 4, 2021. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time.

Uniti Group Inc. To Report Third Quarter 2021 Financial Results and Host Conference Call

LITTLE ROCK, Ark., Sept. 29, 2021 (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, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the Deutsche Bank 2021 Leveraged Finance Conference. The presentation is scheduled for 4:15 PM ET on October 5, 2021.

Uniti Group Inc. to Present at the Deutsche Bank 2021 Leveraged Finance Conference

LITTLE ROCK, Ark., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc. and CSL Capital, LLC (together, the “Issuers”), have priced their offering of $700 million aggregate principal amount of 6.000% senior notes due 2030 (the “New Notes”). The New Notes will be issued at an issue price of 100.000%. The New Notes will be guaranteed on a senior unsecured basis by the Company and by each of its subsidiaries (other than the Issuers) that guarantees indebtedness under the Company's senior secured credit facilities and the Company's existing notes (except initially those subsidiaries that require regulatory approval prior to guaranteeing the New Notes). The offering is expected to close on October 13, 2021.

Uniti Group Inc. Announces Pricing of Senior Notes Offering

Crown Castle International

Charter Communications

Comcast

DISH Network

iShares Cohen & Steers REIT ETF

SBA Communications

AT&T

T-Mobile US

Vanguard Real Estate ETF

Verizon

Cell Tower REITs - the single-largest property sector - have been a critical growth engine over the past half-decade and now account for nearly a fifth of total REIT market value. Becoming dominant players of both the telecommunications and REIT sectors through relentless growth, cell tower REITs reported another stellar "beat-and-raise" quarter with double-digit earnings growth.

Cell Tower REITs: Space Race Risk

LITTLE ROCK, Ark., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to participate at the Goldman Sachs 30th Annual Communacopia Conference. The presentation is scheduled for 12:25 PM ET on September 23, 2021.

Uniti Group Inc. to Present at the Goldman Sachs 30th Annual Communacopia Conference

LITTLE ROCK, Ark., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that Paul Bullington, currently serving as Uniti's interim Chief Financial Officer and Principal Financial Officer, has transitioned to the permanent role of Senior Vice President, Chief Financial Officer & Treasurer. Mark Wallace, who previously took a leave of absence due to health reasons, has departed the Company.

Uniti Group Inc. Names Paul Bullington as Permanent Chief Financial Officer

LITTLE ROCK, Ark., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Interim Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the Bank of America Securities 2021 Media, Communications & Entertainment Conference. The presentation is scheduled for 2:20 PM ET on September 13, 2021.

Uniti Group Inc. to Present at the Bank of America Securities 2021 Media, Communications & Entertainment Conference

Those stocks that combine high yield and high growth have historically been the best performers.

I'm Loading Up On These High-Yielding Growth Stocks

Up to 400G Wavelength Services and Multiple-Terabit Spectrum Services Now Available Up to 400G Wavelength Services and Multiple-Terabit Spectrum Services Now Available

Uniti Announces Launch of Wave Lease Product

Uniti will have a substantially larger high-speed data footprint in 2030 than earlier disclosed. Two million 1 gbps connections already targeted within five years (one million by year-end).

Uniti Group's Outlook Is Better Than Expected, With Caveats

Let's see if Uniti Group (UNIT) stock is a good choice for value-oriented investors right now from multiple angles.

Is Uniti Group a Suitable Stock for Value Investors Now?

Uniti Group's (UNIT) CEO Kenny Gunderman on Q2 2021 Results - Earnings Call Transcript

Uniti (UNIT) delivered FFO and revenue surprises of 2.50% and -1.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Uniti Group (UNIT) Q2 FFO Top Estimates

Completes Strategic Transaction with Everstream

Uniti Group Inc. Reports Second Quarter 2021 Results

Equity LifeStyle Properties

National Retail Properties

Realty Income Corp

Sun Communities

REITs are trading substantially below the private market value of their properties. NAV estimates from analysts have not been updated to reflect higher NOI and lower cap rates.

Real Estate Or REIT? Disparity In Valuation Presents Opportunity

LITTLE ROCK, Ark., July 28, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President, Chief Executive Officer, Kenny Gunderman, and Senior Vice President, Interim Chief Financial Officer and Treasurer, Paul Bullington, are scheduled to participate at the Cowen 7th Annual Communications Infrastructure Summit. The presentation is scheduled for 9:30 AM MT / 11:30 AM ET on August 10, 2021 in Boulder, CO.

Uniti Group Inc. to Present at the Cowen 7th Annual Communications Infrastructure Summit

UNIT yields 5.37% with a low 35.71% payout ratio. Q1 '21 had good gains in adjusted EBITDA, FFO, and AFFO.

Uniti Group: 5% Yield, Good Q1 2021

American Fin Tr Inc - Ordinary Shares - Class A

Global Medical REIT

Healthcare Trust of America

Medical Properties Trust

Annaly Capital

Two Harbors Investment

Our High Yield Portfolio Positioned To Grow Dividends At A 10% CAGR For Next 5 Years

LITTLE ROCK, Ark., July 01, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2021 financial results after the close of trading on the Nasdaq Stock Exchange on August 5, 2021. A conference call to discuss those earnings will be held the same day at 4:15 PM Eastern Time.

News for Uniti Group Stock (UNIT)