Previous Close | 6.0300 |
Open | 5.7900 |
Bid | 4.4300 x 1800 |
Ask | 4.4600 x 1000 |
Day's Range | 4.1750 - 5.7900 |
52 Week Range | 3.3900 - 6.7100 |
Volume | |
Avg. Volume | 2,043,240 |
Market Cap | 1.067B |
Beta (5Y Monthly) | 1.43 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.3500 |
Earnings Date | Aug 01, 2024 - Aug 05, 2024 |
Forward Dividend & Yield | 0.60 (9.93%) |
Ex-Dividend Date | Mar 27, 2024 |
1y Target Est | 6.44 |
The headline numbers for Uniti (UNIT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Key Financial Metrics Exceed Analyst Projections Amidst Major Corporate Developments
Uniti Group will merge with telecom services provider Windstream almost a decade after their separation to better compete in the fiber network market in rural America, the wireless tower owner said on Friday. The combined company, which will be based in Little Rock, Arkansas, will have more than 1.1 million customers with a strong presence in Midwest and Southeast United States. Shares of Uniti tumbled nearly 18% in early trading, as the proposed deal offers Windstream shareholders $425 million in cash, $575 million of preferred equity and a 38% stake in the combined company.