With 3.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.12 million shares. During the session, the REIT – Specialty company that operates in wider Real Estate sector, reached to the highest price of $5.88 whereas the lowest price it dropped to was $5.475. 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 $5.80. With its current market cap of 1.43 billion, UNIT has annualized dividend of $0.45 while the current yield stands at 7.71%. Beta for the stock currently stands at 1.30.
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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 up-trending over the past week, with a rise of 11.88%, but this was up by 33.94% over a month. Three-month performance surged to 100.00% while six-month performance fell -1.02%. The stock gained 34.87% in the past year, while it has gained 1.04% so far this year. A look at the trailing 12-month EPS for UNIT yields 0.02 with Next year EPS estimates of 0.42. For the next quarter, that number is 0.10. This implies an EPS growth rate of 228.57% for this year and -5.56% for next year.
Float and Shares Shorts:
At present, 236.56 million UNIT shares are outstanding with a float of 233.00 million shares on hand for trading. On 2024-09-13, short shares totaled 16.41 million, which was 672.0 higher than short shares on 1723680000. 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 0.86152 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 2024-06-30, UNIT reported revenue of $294947000.0 and operating income of $154143000.0. The EBITDA in the recently reported quarter was $226299000.0 and diluted EPS was $0.07.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UNIT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.