(UNIT) Uniti - NASDAQ
Sector: Real Estate | Industry: REIT - Specialty | Exchange: NASDAQ (USA) | Market Cap: 2.826m USD | Total Return: 72% in 12m
Avg Turnover: 23.1M
Qual. Beats: 0
Rev. Trend: 75.5%
Qual. Beats: 1
Warnings
Earnings expected to drop: P/E 2.6 → Forward 11.9
Share dilution 75.6% YoY
High Debt while negative Cash Flow
Beneish M-Score -0.05 > -1.5 - likely earnings manipulation
Altman Z'' 1.02 < 1.0 - financial distress zone
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w
Uniti Group Inc. (UNIT) is a real estate investment trust (REIT) focused on the ownership and acquisition of mission-critical communications infrastructure. Based in Little Rock, Arkansas, the company operates an extensive fiber network and provides wholesale and enterprise connectivity solutions through brands such as Kinetic and Uniti Fiber.
The company operates within the specialized REIT sector, where business models often rely on long-term, triple-net lease agreements that shift maintenance and tax costs to the tenant. Fiber-focused REITs benefit from the increasing demand for high-bandwidth data transmission driven by 5G deployment and cloud computing expansion.
Investors can further evaluate the companys dividend sustainability and asset valuation by reviewing the latest metrics on ValueRay. This infrastructure-heavy model requires significant capital expenditure, making interest rate environments a key factor in the firms long-term financing strategy.
- Windstream merger completion impacts capital structure and long-term dividend sustainability
- Fiber-to-the-home expansion drives residential and enterprise recurring revenue growth
- High debt leverage makes interest rate fluctuations a primary valuation driver
- Strategic master lease agreement with Windstream dictates core rental income stability
- Capital expenditure requirements for nationwide fiber deployment affect free cash flow yield
| Net Income: 1.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -2.34 > 1.0 |
| NWC/Revenue: 21.67% < 20% (prev -105.0%; Δ 126.7% < -1%) |
| CFO/TA 0.05 > 3% & CFO 602.5m > Net Income 1.19b |
| Net Debt (10.4b) to EBITDA (2.65b): 3.94 < 3 |
| Current Ratio: 1.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (252.1m) vs 12m ago 75.65% < -2% |
| Gross Margin: 30.08% > 18% (prev 84.80%; Δ -54.72% > 0.5%) |
| Asset Turnover: 31.82% > 50% (prev 22.19%; Δ 9.63% > 0%) |
| Interest Coverage Ratio: 2.60 > 6 (EBIT TTM 1.77b / Interest Expense TTM 681.0m) |
| A: 0.05 (Total Current Assets 1.81b - Total Current Liabilities 1.17b) / Total Assets 13.1b |
| B: -0.19 (Retained Earnings -2.49b / Total Assets 13.1b) |
| C: 0.19 (EBIT TTM 1.77b / Avg Total Assets 9.20b) |
| D: 0.02 (Book Value of Equity 319.7m / Total Liabilities 12.8b) |
| Altman-Z'' = 1.02 = BB |
| DSRI: 0.81 (Receivables 317.0m/156.2m, Revenue 2.93b/1.17b) |
| GMI: 2.82 (GM 84.80% / 30.08%) |
| AQI: 1.68 (AQ_t 0.19 / AQ_t-1 0.11) |
| SGI: 2.49 (Revenue 2.93b / 1.17b) |
| TATA: 0.04 (NI 1.19b - CFO 602.5m) / TA 13.1b) |
| Beneish M = -0.05 (Cap -4..+1) = D |
As of June 20, 2026, the stock is trading at USD 11.64 with a total of 6,283,700 shares traded.
Over the past week, the price has changed by -7.03%,
over one month by +9.09%,
over three months by +46.97% and
over the past year by +72.00%.
Uniti has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold UNIT.
- StrongBuy: 2
- Buy: 0
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 10.3 | -11.9% |
P/E Trailing = 2.6157
P/E Forward = 11.8624
P/S = 0.9653
P/B = 8.8293
P/EG = 0.2916
Revenue TTM = 2.93b USD
EBIT TTM = 1.77b USD
EBITDA TTM = 2.65b USD
Long Term Debt = 10.6b USD (from longTermDebt, last quarter)
Short Term Debt = 129.2m USD (from shortTermDebt, last quarter)
Debt = 11.6b USD (from shortLongTermDebtTotal, last quarter) + Leases 462.1m
Net Debt = 10.4b USD (calculated: Debt 11.6b - CCE 1.13b)
Enterprise Value = 13.3b USD (2.83b + Debt 11.6b - CCE 1.13b)
Interest Coverage Ratio = 2.60 (Ebit TTM 1.77b / Interest Expense TTM 681.0m)
EV/FCF = -35.75x (Enterprise Value 13.3b / FCF TTM -371.0m)
FCF Yield = -2.80% (FCF TTM -371.0m / Enterprise Value 13.3b)
FCF Margin = -12.67% (FCF TTM -371.0m / Revenue TTM 2.93b)
Net Margin = 40.53% (Net Income TTM 1.19b / Revenue TTM 2.93b)
Gross Margin = 30.08% ((Revenue TTM 2.93b - Cost of Revenue TTM 2.05b) / Revenue TTM)
Gross Margin QoQ = 31.36% (prev 24.07%)
Tobins Q-Ratio = 1.01 (Enterprise Value 13.3b / Total Assets 13.1b)
Interest Expense / Debt = 5.89% (Interest Expense 681.0m / Debt 11.6b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 1.40b (EBIT 1.77b * (1 - 21.00%))
Current Ratio = 1.54 (Total Current Assets 1.81b / Total Current Liabilities 1.17b)
Debt / Equity = 36.19 (Debt 11.6b / totalStockholderEquity, last quarter 319.7m)
Debt / EBITDA = 3.94 (Net Debt 10.4b / EBITDA 2.65b)
Debt / FCF = -28.14 (negative FCF - burning cash) (Net Debt 10.4b / FCF TTM -371.0m)
Total Stockholder Equity = -265.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.90% (Net Income 1.19b / Total Assets 13.1b)
RoE = -446.3% (negative equity) (Net Income TTM 1.19b / Total Stockholder Equity -265.9m)
RoCE = 17.08% (EBIT 1.77b / Capital Employed (Equity -265.9m + L.T.Debt 10.6b))
RoIC = 11.74% (NOPAT 1.40b / Invested Capital 11.9b)
WACC = 5.39% (E(2.83b)/V(14.4b) * Re(8.40%) + D(11.6b)/V(14.4b) * Rd(5.89%) * (1-Tc(0.21)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.89 | Cagr: 28.81%
[DCF] Fair Price = unknown (Cash Flow -371.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 75.54 | Revenue CAGR: 30.30% | SUE: 3.96 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.48 | Chg30d=-18.11% | Revisions=-20% | Analysts=6
EPS next Quarter (2026-09-30): EPS=-0.53 | Chg30d=-20.28% | Revisions=-20% | Analysts=6
EPS current Year (2026-12-31): EPS=-1.83 | Chg30d=-7.95% | Revisions=-20% | GrowthEPS=-137.6% | GrowthRev=+62.5%
EPS next Year (2027-12-31): EPS=-1.56 | Chg30d=-27.88% | Revisions=-33% | GrowthEPS=+14.9% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -33%