Uniti Group (NASDAQ:UNIT) Announces Quarterly Earnings Results

Uniti Group (NASDAQ:UNIT) announced its earnings results on Monday. The real estate investment trust reported ($1.03) earnings per share for the quarter, missing the consensus estimate of ($0.58) by ($0.45), FiscalAI reports. Uniti Group had a net margin of 28.68% and a negative return on equity of 133.07%. The firm had revenue of $848.10 million during the quarter, compared to analyst estimates of $855.83 million.

Uniti Group Stock Performance

Shares of NASDAQ:UNIT opened at $5.22 on Monday. The firm has a 50 day simple moving average of $7.65 and a 200-day simple moving average of $9.38. Uniti Group has a twelve month low of $4.74 and a twelve month high of $12.94. The company has a market capitalization of $1.27 billion, a PE ratio of 1.93 and a beta of 1.45.

Analysts Set New Price Targets

A number of research analysts have issued reports on UNIT shares. TD Cowen decreased their price target on shares of Uniti Group from $12.00 to $11.00 and set a “buy” rating for the company in a report on Friday, July 31st. JPMorgan Chase & Co. lowered their price target on Uniti Group from $12.00 to $11.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Weiss Ratings downgraded Uniti Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 14th. Finally, Raymond James Financial set a $16.00 target price on Uniti Group and gave the stock a “strong-buy” rating in a report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Uniti Group presently has a consensus rating of “Hold” and an average target price of $11.47.

About Uniti Group

Uniti Group is a communications infrastructure company that owns, builds and operates fiber-optic networks and related broadband assets. Its network infrastructure supports broadband, wireless, enterprise and government communications, including fiber connectivity for businesses and other network operators.

Founded in 2015 as a spin-off from Windstream, Uniti initially focused on owning and leasing communications infrastructure, including fiber networks. In 2025, Uniti combined with Windstream, bringing together infrastructure operations with Windstream’s Kinetic broadband and enterprise services.

The company serves customers across the United States through its fiber network and broadband operations.