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Uniti Group Inc - UNIT STOCK NEWS

Welcome to our dedicated news page for Uniti Group (Ticker: UNIT), a resource for investors and traders seeking the latest updates and insights on Uniti Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Uniti Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Uniti Group's position in the market.

News
Uniti Group Inc. Releases 2023 Environmental, Social and Governance Report
Rhea-AI Summary
Uniti Group Inc. released its 2023 Environmental, Social and Governance (ESG) Report, highlighting its ESG-related policies and achievements in 2023. President and CEO Kenny Gunderman emphasized the company's commitment to integrity, transparency, and responsibility to stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
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none
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News
Uniti Announces Network Expansion in Huntsville Through Large Hyperscaler Contract Award
Rhea-AI Summary
Uniti Group Inc. announces a significant network expansion in Huntsville, Alabama, to support a strategic hyperscale customer. The expansion includes providing multiple conduits and high-strand count fiber through a 20-year contract. Uniti plans to own 190 route miles of dark and lit infrastructure within the Huntsville market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.38%
Tags
none
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News
Uniti Group Inc. to Participate at the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference
Rhea-AI Summary
Uniti Group Inc. executives to participate in Deutsche Bank conference on March 12, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.66%
Tags
conferences
News
Uniti Group Inc. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Uniti Group Inc. announces ABS bridge financing, asset sales, and provides 2024 outlook. The company reported net income of $30.7 million for the fourth quarter, with consolidated revenues of $285.7 million. Full-year results show a net loss of $81.7 million and consolidated revenues of $1.1 billion. Uniti successfully refinanced $3.1 billion of debt in 2023 and raised $437 million through ABS bridge financing and asset sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
earnings
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News
Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
Rhea-AI Summary
Uniti Group Inc. declares a quarterly cash dividend of $0.15 per share, payable on April 12, 2024, to stockholders of record on March 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.42%
Tags
dividends
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News
Uniti Group Inc. Announces Completion of New ABS Bridge Facility and Recent Asset Sales
Rhea-AI Summary
Uniti Group Inc. announced a $350 million Bridge Loan and Security Agreement for its subsidiary, Uniti Fiber Bridge Borrower LLC, to bolster liquidity and access long-term capital. The company also completed multiple asset sales, generating approximately $87 million in cash consideration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
none
News
Uniti Group Inc. To Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call
Rhea-AI Summary
Uniti Group Inc. will announce its Q4 and full year 2023 financial results on February 29, 2024, followed by a conference call. The call will be webcast live on Uniti's Investor Relations website. Interested parties can register to participate via telephone. A replay will be available on the website later that day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
Tags
conferences earnings
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News
Uniti Group Inc. Announces Tax Reporting Information for 2023 Distributions
Rhea-AI Summary
Uniti Group Inc. announced the tax treatment of its 2023 distributions, providing a summary of the federal income tax treatment of the distributions on its common shares. The company reported a total distribution per share of $0.45, with $0.15 as ordinary dividend per share and $0.00 as capital gain distribution per share. The ordinary dividend per share will be reported on Form 1099-DIV, Box 5, as Section 199A Dividends. Additionally, $0.0503390 of each distribution will be treated as Section 897 Ordinary Dividends and reported on Form 1099-DIV, Box 2e. The company also stated that the quarterly cash dividend of $0.15 per share of common stock, paid on January 4, 2024, will be reported on Form 1099-DIV for the 2024 taxable year for federal income tax purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
none
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News
Uniti Group Inc. to Present at the BofA Securities 2023 Leveraged Finance Conference
Rhea-AI Summary
Uniti Group Inc. (UNIT) to present at BofA Securities 2023 Leveraged Finance Conference. Senior VP, CFO, and Treasurer, Paul Bullington, and VP, Investor Relations & Treasury, Bill DiTullio, to present at 8:50 AM EST on November 28, 2023 in Boca Raton, FL. Webcast available on Uniti's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
conferences
News
Uniti Group Inc. Reports Third Quarter 2023 Results
Rhea-AI Summary
Uniti Group Inc. announces its results for the third quarter of 2023. Consolidated revenue and adjusted EBITDA grew 2.7% and 3.5% respectively compared to the prior year. The company reiterates its 2023 outlook for consolidated revenue, adjusted EBITDA, and AFFO. Net loss for the quarter was $80.9 million or $0.34 per diluted common share. Uniti remains well positioned with no significant debt maturities until 2027 and nearly $7 billion of revenue under contract.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.31%
Tags
earnings
Stock UNIT logo
Uniti Group Inc

Nasdaq:UNIT

UNIT Rankings

#2226 Ranked by Market Cap
#4568 Ranked by Stock Gains
#127 Ranked by Dividends

UNIT Stock Data

1.35B
235.07M
1.39%
89.18%
7.92%
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Real Estate and Rental and Leasing
Link
US
Little Rock

About UNIT

cs&l (nasdaq: csal), an s&p 400 midcap index company headquartered in little rock, ark., is a publicly traded real estate investment trust primarily engaged in the acquisition of communication distribution systems. cs&l currently owns 3.6 million strand miles of fiber, 235,000 route miles of copper and central office land and buildings across 29 states. as a strategic financing partner to the telecommunications industry, cs&l continually evaluates challenges and trends impacting the industry, and opportunities to grow and diversify its portfolio by acquiring additional communication distribution systems. as a real estate investment trust (reit), cs&l intends to grow and diversify its portfolio over time, primarily in three ways: 1. acquiring and leasing communications assets that qualify as real property. 2. financing fiber for existing and new customers. 3. acting as financing partner to facilitate m&a. cs&l also expects to benefit from rent escalations related to our existin