Home Dividends High Dividend Yield Stock Watch: Uniti Group (NASDAQ: UNIT)

Stock Watch: Uniti Group (NASDAQ: UNIT)

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Uniti Group trades as part of the real estate sector and REITs industry. The company CEO is Kenny Gunderman. Uniti Group Inc is a real estate investment trust focused on the acquisition and construction of mission-critical communications infrastructure including but not limited to fiber, wireless towers and ground leases.

Previous Intraday Trading Performance:

The UNIT stock showed a previous change of -0.44% with an open at 18.03 and a close of 17.98. It reached an intraday high of 18.20 and a low of 17.81.

SeekingAlpha:  Notable earnings after Thursday's close

Liquidity:

The stock has a market cap of $3.2b with 175.7m shares outstanding, of which the float is 175.0m shares. Trading volume reached 1,081,028 shares compared to its average volume of 2,420,020 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Uniti Group shares returned 0.67% and in the past 30 trading days it returned -9.19%. Over three months, it changed -3.11%. In one year it has changed -9.67% and within that year its 52-week high was 23.42 and its 52-week low was 13.81. UNIT stock is 30.20% above its 52 Week Low.

Our calculations show a 200 day moving average of 16.86 and a 50 day moving average of 20.18. Currently UNIT stock is trading 6.65% above its 200 day moving average.

SeekingAlpha:  Uniti Group declares $0.60 dividend

Earnings:

The last annual fiscal EPS for the company was reported at -0.1 that ended on 31st of December 2017. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.62. The TTM EPS is 2.49, which comes to a TTM PE of 7.22.

The following are the last four quarter reported earnings per share:
03-31-2018:  0.62
12-31-2017:  0.64
09-30-2017:  0.63
06-30-2017:  0.60

The dividend per share is currently 2.40, which is a dividend yield of 13.29%.

Base on our calculations, the intrinsic value per share is 48.30, which means it is possibly undervalued and has a margin of safety of 62.77%

Indicators to Watch:

Based on the latest filings, there is 0.40% of insider ownership and 78.20% of institutional ownership. Short-interest is 16,460,968, which is 9.37% of shares outstanding. The short-interest ratio or days-to-cover ratio is 8.44. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.68

SeekingAlpha:  Uniti Group declares $0.60 dividend

Fundamental Indicators:

Based on last reported financials, the company's return on assets is 0.11%, profit margin is 3.91%, price-to-sales is 4.30 and.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 6  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 4  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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