UNIT · NASDAQ · REIT - Specialty

Uniti Group (UNIT)

Provider of broadband, managed network services, and wholesale fiber infrastructure.

$9.22
vs last close−0.35 (−3.66%)
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Uniti Group Inc.UNIT
Real Estate

Combines Kinetic broadband, Uniti Solutions managed connectivity and security, and Fiber Infrastructure transport and leasing across a largely U.S. network. Revenue comes from recurring consumer and enterprise services, wholesale capacity, equipment sales, and leases, while legacy copper, third-party access, and capital-intensive fiber construction shape the model.

Combines consumer broadband, enterprise managed services, and fiber infrastructure across a predominantly U.S. network. Kinetic sells fiber and DSL internet, voice, and related services to households and small businesses, with incumbent local markets concentrated in the Midwest and Southeast. Uniti Solutions designs and operates multi-site connectivity, cloud communications, collaboration, and security services for enterprises and public-sector customers.

Fiber Infrastructure sells wavelength and Ethernet transport, dark fiber, colocation, dedicated internet access, and fiber-to-tower connectivity to carriers, enterprises, content providers, and large cloud operators in the United States and Canada. Customer-aligned builds and long-term capacity contracts extend and monetize the network. Parts of Kinetic still use copper lines, Uniti Solutions leases access from other carriers in some markets, and network expansion requires ongoing capital spending, construction, permitting, and compliance with telecommunications and universal-service rules.

Company facts

CEOKenny Gunderman
ListedAug 4, 2025
ExchangeNASDAQ
HeadquartersLittle Rock, AR
CountryUnited States
Employees8,632
CIK0002020795
ISINUS9129321009

Market cap$2.32B
EPS (ttm)$2.67
P/E (ttm)3.58
ROE270.2%
P/B14.38
P/S0.6567
Dividend yieldDiv yield
Beta1.39vs XLRE 0.80

Price target$12.00+25.4%Average of 13 analysts
ConsensusHold8 of 13 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 1, 2026BarclaysReiterate
Rating: Target: $11
Rating: Equal WeightTarget: $13
May 12, 2026Williams TradingTarget
Target:
Target: $12
May 12, 2026UBSTarget
Target:
Target: $12
May 12, 2026Wells FargoReiterate
Rating: Target:
Rating: Equal WeightTarget: $9
Apr 15, 2026BarclaysTarget
Target: $8
Target: $11

Next report
Nov 3, 26
in 41 days
EPS estimate
−$0.60
Revenue estimate
$856.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Jul '26Nov '26
Reported$0.15$0.08−$0.04$4.92−$1.19−$0.34−$0.68Pending
Estimate$0.11$0.34$0.20−$0.18−$0.46−$0.42−$0.45−$0.60
Surprise+36.4%−75.6%−119.8%+2,833.3%−158.7%+19.0%−51.5%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Jul '26Nov '26
Reported$293.3M$293.9M$300.7M$722.6M$917.3M$987.5M$909.7MPending
Estimate$294.2M$295.6M$304.9M$762.9M$876.8M$930.1M$884.8M$856.9M
Surprise−0.3%−0.6%−1.4%−5.3%+4.6%+6.2%+2.8%
Estimate−$0.60
ReportedDue Nov 3, 2026
Estimate$856.9M
ReportedDue Nov 3, 2026
View details

Debt to equity6,868.80%
Current ratio122.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$292.2M$293.3M$293.9M$300.7M$722.6M$917.3M$987.5M$909.7M
Net income$12.2M$21.6M$12.2M−$10.7M$1.57B−$305.7M−$70.3M−$155.9M
Net margin4.2%7.4%4.2%0.0%217.8%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$151.7M$155.3M$153.5M$158.5M$115.1M$46.7M$141.0M$41.8M
YoY growth−32.9%−30.4%−29.8%+2.8%−24.1%−69.9%−8.2%−73.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $732.7M · Total debt $11.09B · Total assets $12.98B · Shareholders' equity $161.5M

Revenue
$909.7M
Operating income
$41.8M
Net income
−$155.9M
View details

Dividend yield
Next ex-date
Annual dividend
Schedule

HistoryDividendAnnual yield

Sep '22Dec '22Mar '23Jun '23Sep '23Dec '23Mar '24Jun '24
Dividend$0.2492$0.2492$0.2492$0.2492$0.2492$0.2492$0.2492$0.2492
Annual yield6.51%10.25%17.64%13.40%12.17%10.47%10.22%21.81%
Ex-dateSep 8Dec 15Mar 30Jun 15Sep 7Dec 14Mar 27Jun 14
Payment dateSep 23Dec 30Apr 14Jun 30Sep 22Jan 4Apr 12Jun 28
View details

Institutions94.47%229.29M shares
291 holders · as of Jun 30, 2026
Strategic holders10.49%25.46M shares
1 holder · as of Nov 14, 2025
Adds to104.96%

242.73M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Jul 2025 quarterly report; nothing newer is on file here.

10 positions filed across a stock split leave their adjustment unstated and stay out of the bar.

These groups come from separate filings that can overlap, so they add to 104.96%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Elliott Investment Management L.P.Institution
24.31%59.01Mas of Jun 30, 2026
BlackRock, Inc.Institution
12.42%30.14Mas of Jun 30, 2026
Pacific Investment Management Company LLCStrategic
10.49%25.46Mfiled Nov 14, 2025
Vanguard Portfolio Management LLCInstitution
5.17%12.55Mas of Jun 30, 2026
T. Rowe Price Investment Management, Inc.Institution
4.99%12.12Mas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Lumen Technologies

    Broad overlap in enterprise, wholesale, and fiber network services

  • AT&T

    Competes across fiber broadband, business wireline, and fixed wireless

  • Verizon

    Overlaps in Fios, fixed wireless, business, and wholesale services

  • Comcast

    Cable broadband and business connectivity rival across key markets

  • Charter Communications

    Spectrum broadband and enterprise fiber compete with Kinetic and Uniti

  • T-Mobile

    Fixed wireless and fiber expansion pressure Kinetic broadband

  • Cogent Communications

    Competes in IP transit, optical transport, and enterprise connectivity

  • TDS

    Regional fiber broadband peer with rural and small-market overlap

Compare

CompanyPriceChange
Uniti Group$9.22−3.66%$2.32B3.60.7+202.5%
Lumen Technologies$6.16−3.45%$6.57B0.6−9.3%
AT&T$24.99−0.54%$172.13B8.310.41.4+2.3%
Verizon$46.22−0.51%$193.95B12.19.11.4−0.7%
Comcast$22.13−1.32%$79.56B7.36.40.6−1.2%
Charter Communications$113.29−3.38%$15.80B3.02.60.3−1.7%
T-Mobile$161.31−0.68%$174.21B17.012.81.9+7.9%
Cogent Communications$8.75−6.01%$466.2M0.4−4.3%
TDS$36.40−0.79%$3.90B8.8106.63.1−73.9%
Median8.69.71.0−1.5%