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In the News

12% Yielding REITs That I Am Buying
Some REITs now yield over 12%. High yields come with high risk, but we like the risk-to-reward.

Uniti: 2023 AFFO Gets Crushed As Interest Expense Racks Up
In our last piece, we talked about why Uniti common shares were still a poor investment choice. We looked at the bonds as a relatively better bet.

Uniti Group (UNIT) Q4 FFO and Revenues Miss Estimates
Uniti (UNIT) delivered FFO and revenue surprises of -2.22% and 0.62%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Uniti Group Inc. (UNIT) Q4 2022 Earnings Call Transcript
Uniti Group Inc. (NASDAQ:UNIT ) Q4 2022 Earnings Conference Call February 24, 2023 8:30 AM ET Company Participants Kenny Gunderman - Chief Executive Officer Paul Bullington - Chief Financial Officer, Senior Vice President & Treasurer Conference Call Participants Bora Lee - RBC David Barden - Bank of America Rob Palmisano - Raymond James Operator Welcome to Uniti Group's Fourth Quarter 2022 Conference Call. My name is Jonathan and I will be your operator for today.

Uniti Group Inc. to Present at the J.P. Morgan 2023 Global High Yield and Leveraged Finance Conference
LITTLE ROCK, Ark., Feb. 22, 2023 (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 present at the J.P. Morgan 2023 Global High Yield and Leveraged Finance Conference. The presentation is scheduled for 9:15 AM EST on March 7, 2023 in Miami, FL.

Uniti Group Inc. to Present at the Raymond James 44th Annual Institutional Investors Conference
LITTLE ROCK, Ark., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to present at the Raymond James 44th Annual Institutional Investors Conference. The presentation is scheduled for 11:00 AM EST on March 6, 2023 in Orlando, FL.

I Am Buying These 9% Yielding REITs
REITs now offer historically high dividend yields. Some yield nearly 10% following the crash of 2022.

Uniti Group Inc. To Report Fourth Quarter and Full Year 2022 Financial Results and Host Conference Call
LITTLE ROCK, Ark., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its fourth quarter and full year 2022 financial results prior to the opening of trading on the Nasdaq Stock Exchange on February 24, 2023. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time.

Uniti: 14% Yielding Debt A Far Better Option Than The Equity
Uniti continues to disappoint investors, and returns have been extremely poor since the spin-off. The underlying value of assets is likely the only thing holding this up even at these levels.

Uniti Group Inc. to Present at the BofA Securities 2022 Leveraged Finance Conference
LITTLE ROCK, Ark., Nov. 23, 2022 (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 BofA Securities 2022 Leveraged Finance Conference. The presentation is scheduled for 8:50 AM EST on November 30, 2022 in Boca Raton, FL.
UNIT Financial details
UNIT Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
---|---|---|---|---|---|---|
Revenue per share | 5.78 | 5.64 | 5.24 | 4.73 | 4.79 | |
Net income per share | 0.09 | 0.06 | -3.47 | 0.53 | -0.04 | |
Operating cash flow per share | 2.68 | 3.29 | 0.77 | 2.14 | 1.95 | |
Free cash flow per share | 0.28 | 1.42 | -0.79 | 0.49 | 0.14 | |
Cash per share | 0.22 | 0.76 | 0.38 | 0.25 | 0.19 | |
Book value per share | -8.51 | -8.36 | -10.52 | -9.14 | -9.65 | |
Tangible book value per share | -14.37 | -14.44 | -15.05 | -13.23 | -12.6 | |
Share holders equity per share | -8.51 | -8.36 | -10.52 | -9.14 | -9.65 | |
Interest debt per share | 29.64 | 29.15 | 26.17 | 23.84 | 1.95 | |
Market cap | 2.74B | 1.54B | 2.39B | 3.26B | 1.3B | |
Enterprise value | 7.61B | 6.47B | 7.14B | 8.31B | 1.34B | |
P/E ratio | 169.45 | 145.36 | -3.38 | 26.38 | -138.14 | |
Price to sales ratio | 2.7 | 1.45 | 2.24 | 2.96 | 1.15 | |
POCF ratio | 5.8 | 2.49 | 15.19 | 6.54 | 2.83 | |
PFCF ratio | 55.7 | 5.77 | -14.94 | 28.8 | 40.02 | |
P/B Ratio | -1.83 | -0.98 | -1.12 | -1.53 | -0.57 | |
PTB ratio | -1.83 | -0.98 | -1.12 | -1.53 | -0.57 | |
EV to sales | 7.47 | 6.11 | 6.69 | 7.55 | 1.19 | |
Enterprise value over EBITDA | 9.73 | 7.97 | 68.01 | 9.71 | 2.23 | |
EV to operating cash flow | 16.09 | 10.48 | 45.43 | 16.65 | 2.91 | |
EV to free cash flow | 154.47 | 24.26 | -44.68 | 73.34 | 41.19 | |
Earnings yield | 0.01 | 0.01 | -0.3 | 0.04 | -0.01 | |
Free cash flow yield | 0.02 | 0.17 | -0.07 | 0.03 | 0.02 | |
Debt to equity | -4 | -4.15 | -3.18 | -3.25 | -3.13 | |
Debt to assets | 1.31 | 1.3 | 1.44 | 1.44 | 1.47 | |
Net debt to EBITDA | 6.22 | 6.08 | 45.27 | 5.9 | 0.06 | |
Current ratio | 0.21 | 0.16 | 0.14 | 0.09 | 0.06 | |
Interest coverage | 1.08 | 1 | 0.95 | 1.26 | 2.59 | |
Income quality | 28.58 | 56.56 | -0.22 | 4 | -56.65 | |
Dividend Yield | 0.16 | 0.09 | 0.06 | 0.04 | 0.11 | |
Payout ratio | 26.32 | 13.11 | -0.19 | 1.14 | -15.16 | |
Sales general and administrative to revenue | 0.08 | 0.1 | 0.1 | 0.09 | 0.09 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.24 | 0.24 | 0.21 | 0.2 | 0.14 | |
Capex to operating cash flow | -0.9 | -0.57 | -2.02 | -0.77 | -0.93 | |
Capex to revenue | -0.42 | -0.33 | -0.3 | -0.35 | -0.38 | |
Capex to depreciation | -0.94 | -0.86 | -0.96 | -1.33 | -1.7 | |
Stock based compensation to revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
Graham number | 4.19 | 3.26 | 28.65 | 10.45 | 2.95 | |
ROIC | 0.12 | 0.06 | 0.1 | 0.13 | 0.08 | |
Return on tangible assets | 0 | 0 | -0.19 | 0.03 | 0 | |
Graham Net | -33.13 | -33.61 | -32.76 | -29.22 | -29.91 | |
Working capital | -758.41M | -1.15B | -1.5B | -1.49B | -1.31B | |
Tangible asset value | -2.53B | -2.71B | -3.06B | -3.08B | -2.97B | |
Net current asset value | -5.8B | -6.28B | -6.56B | -6.78B | -7.04B | |
Invested capital | -3.27 | -3.24 | -2.26 | -2.4 | -0.04 | |
Average receivables | 128.27M | 122.94M | 78.05M | 77.92M | 61.2M | |
Average payables | 85.91M | 160.65M | 186.63M | 145.18M | 133.21M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 59.49 | 27.62 | 26.02 | 26.46 | 13.78 | |
Days payables outstanding | 250.8 | 518.04 | 334.78 | 0 | 4.31K | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 6.14 | 13.22 | 14.03 | 13.79 | 26.48 | |
Payables turnover | 1.46 | 0.7 | 1.09 | 0 | 0.08 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | -0.01 | -0.01 | 0.33 | -0.06 | 0 | |
Capex per share | -2.4 | -1.87 | -1.56 | -1.66 | -1.82 |
Quarterly Fundamentals Overview
Last date of statement is 2022-12-31 for Q4
Metric | History | 2021-12-31 | 2022-03-31 | 2022-06-30 | 2022-09-30 | 2022-12-31 |
---|---|---|---|---|---|---|
Revenue per share | 1.25 | 1.18 | 1.21 | 1.2 | 1.2 | |
Net income per share | 0.15 | 0.22 | 0.23 | -0.66 | 0.17 | |
Operating cash flow per share | 0.62 | 0.27 | 0.73 | 0.21 | 0.74 | |
Free cash flow per share | 0.15 | -0.13 | 0.35 | -0.25 | 0.17 | |
Cash per share | 0.25 | 0.22 | 0.26 | 0.18 | 0.19 | |
Book value per share | -9.07 | -8.95 | -8.82 | -9.6 | -9.64 | |
Tangible book value per share | -13.12 | -12.98 | -12.84 | -12.68 | -12.58 | |
Share holders equity per share | -9.07 | -8.95 | -8.82 | -9.6 | -9.64 | |
Interest debt per share | 22.2 | 22.51 | 22.7 | 22.73 | 0.71 | |
Market cap | 3.29B | 3.23B | 2.22B | 1.64B | 1.3B | |
Enterprise value | 8.34B | 8.38B | 7.41B | 6.85B | 1.34B | |
P/E ratio | 22.95 | 15.33 | 10.34 | -2.63 | 8 | |
Price to sales ratio | 11.22 | 11.63 | 7.82 | 5.79 | 4.6 | |
POCF ratio | 22.55 | 51.16 | 12.95 | 32.44 | 7.45 | |
PFCF ratio | 91.45 | -102.65 | 27.05 | -28.19 | 32.51 | |
P/B Ratio | -1.55 | -1.54 | -1.07 | -0.72 | -0.57 | |
PTB ratio | -1.55 | -1.54 | -1.07 | -0.72 | -0.57 | |
EV to sales | 28.45 | 30.13 | 26.1 | 24.21 | 4.73 | |
Enterprise value over EBITDA | 38.78 | 38.38 | 32.6 | 2.73K | 6.86 | |
EV to operating cash flow | 57.17 | 132.52 | 43.24 | 135.74 | 7.67 | |
EV to free cash flow | 231.8 | -265.92 | 90.29 | -117.92 | 33.46 | |
Earnings yield | 0.01 | 0.02 | 0.02 | -0.1 | 0.03 | |
Free cash flow yield | 0.01 | -0.01 | 0.04 | -0.04 | 0.03 | |
Debt to equity | -3.25 | -3.32 | -3.38 | -3.13 | -3.13 | |
Debt to assets | 1.44 | 1.43 | 1.42 | 1.47 | 1.47 | |
Net debt to EBITDA | 23.48 | 23.57 | 22.83 | 2.08K | 0.19 | |
Current ratio | 0.09 | 0.09 | 0.1 | 0.09 | 0.06 | |
Interest coverage | 1.4 | 1.54 | 1.55 | 1.5 | 2.84 | |
Income quality | 4.06 | 1.2 | 3.19 | -0.32 | 4.27 | |
Dividend Yield | 0.01 | 0 | 0.03 | 0.02 | 0.03 | |
Payout ratio | 0.99 | 0 | 1.33 | -0.23 | 0.87 | |
Sales general and administrative to revenue | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.2 | 0.2 | 0.19 | 0.15 | 0.14 | |
Capex to operating cash flow | -0.75 | -1.5 | -0.52 | -2.15 | -0.77 | |
Capex to revenue | -0.37 | -0.34 | -0.31 | -0.38 | -0.48 | |
Capex to depreciation | -1.38 | -1.33 | -1.24 | -1.48 | -1.79 | |
Stock based compensation to revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
Graham number | 5.58 | 6.72 | 6.72 | 11.94 | 6.12 | |
ROIC | 0.04 | 0.03 | 0.03 | 0.03 | 0.06 | |
Return on tangible assets | 0.01 | 0.01 | 0.01 | -0.04 | 0.01 | |
Graham Net | -28.99 | -29.2 | -29.25 | -29.48 | -29.88 | |
Working capital | -1.49B | -1.46B | -1.52B | -1.49B | -1.31B | |
Tangible asset value | -3.08B | -3.05B | -3.03B | -2.99B | -2.97B | |
Net current asset value | -6.78B | -6.84B | -6.87B | -6.92B | -7.04B | |
Invested capital | -2.4 | -2.47 | -2.53 | -2.32 | -0.04 | |
Average receivables | 76.32M | 84.96M | 95.72M | 102.38M | 73.04M | |
Average payables | 150.33M | 133.19M | 126.62M | 134.05M | 129.61M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 24.5 | 29.18 | 32.1 | 32.89 | 13.52 | |
Days payables outstanding | 0 | 0 | 3.65K | 0 | 3.65K | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 3.67 | 3.08 | 2.8 | 2.74 | 6.66 | |
Payables turnover | 0 | 0 | 0.02 | 0 | 0.02 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | -0.02 | -0.03 | -0.03 | 0.07 | -0.02 | |
Capex per share | -0.47 | -0.4 | -0.38 | -0.46 | -0.57 |
UNIT Frequently Asked Questions
What is Uniti Group Inc. stock symbol ?
Uniti Group Inc. is a US stock , located in Little rock of Ar and trading under the symbol UNIT
Is Uniti Group Inc. buy or a sell ?
2 stock analysts have 2 predictions with a medium analyst target price of $7.13. The lowest prediction is $7 and the highest is $7.25
What is UNIT stock prediction ?
With a median analyst target price of $7.13, 2 stock analysts have made 2 forecasts in last 90 days. $7 is the lowest and $7.25 is the greatest projection.
What is Uniti Group Inc. stock quote today ?
Uniti Group Inc. stock price is $3.32 today.
Is Uniti Group Inc. stock public?
Yes, Uniti Group Inc. is a publicly traded company.