With 2.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.53 million shares. During the session, the REIT – Specialty company that operates in wider Real Estate sector, reached to the highest price of $5.9 whereas the lowest price it dropped to was $5.63. The 52-week range on UNIT shows that it touched its highest point at $6.71 and its lowest point at $2.57 during that stretch. It currently has a 1-year price target of $5.70. With its current market cap of 1.36 billion, UNIT has annualized dividend of $0.45 while the current yield stands at 7.96%. Beta for the stock currently stands at 1.35.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UNIT was down-trending over the past week, with a drop of -4.56%, but this was down by -3.58% over a month. Three-month performance surged to 8.45% while six-month performance rose 73.31%. The stock gained 0.53% in the past year, while it has lost -2.25% so far this year. A look at the trailing 12-month EPS for UNIT yields 0.42 with Next year EPS estimates of 0.41. For the next quarter, that number is 0.10. This implies an EPS growth rate of 210.00% for this year and 6.49% for next year.
Float and Shares Shorts:
At present, 237.49 million UNIT shares are outstanding with a float of 227.96 million shares on hand for trading. On 2024-11-15, short shares totaled 13.86 million, which was 567.99997 higher than short shares on 1728950400. In addition to Mr. Kenneth A. Gunderman as the firm’s President, CEO & Director, Mr. Paul Bullington serves as its Senior VP, CFO & Treasurer.
Institutional Ownership:
Through their ownership of 0.88082004 of UNIT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, UNIT reported revenue of $292247000.0 and operating income of $151706000.0. The EBITDA in the recently reported quarter was $225207000.0 and diluted EPS was $0.05.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UNIT since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With UNIT analysts setting a high price target of 9.0 and a low target of 3.5, the average target price over the next 12 months is 5.41667. Based on these targets, UNIT could surge 59.29% to reach the target high and fall by -38.05% to reach the target low. Reaching the average price target will result in a decline of -4.13% from current levels.
Analysts have provided yearly estimates in a range of $0.38617 being high and $0.3837 being low. For UNIT, this leads to a yearly average estimate of $0.385.