Uniti Group (NASDAQ:UNIT – Get Free Report) is expected to release its earnings data before the market opens on Friday, February 21st. Analysts expect Uniti Group to post earnings of $0.33 per share and revenue of $294.59 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Uniti Group Trading Down 4.8 %
UNIT stock opened at $5.54 on Wednesday. The company has a market capitalization of $1.35 billion, a PE ratio of 13.51 and a beta of 1.31. Uniti Group has a 12-month low of $2.57 and a 12-month high of $6.71. The business’s fifty day moving average price is $5.60 and its 200 day moving average price is $5.37.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada boosted their target price on Uniti Group from $5.50 to $6.00 and gave the stock a “sector perform” rating in a research note on Monday, December 23rd.
About Uniti Group
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.
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