The notes will be issued at an issue price of 103.00%.
The offering is expected to close on May 17, 2024.
The issuers intend to use the net proceeds from the offering of the notes for general corporate purposes, which may include funding a portion of the cash consideration payable in connection with the Company's previously announced merger with Windstream.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/6/2024 | $8.00 → $6.00 | Strong Buy → Outperform | Raymond James |
| 11/7/2023 | $3.50 | Neutral → Underperform | BofA Securities |
Third Quarter Consolidated Bookings Monthly Recurring Revenue of $0.9 Million Increased Over 20% From Prior Year Updates 2024 Outlook Net Income of $12.2 Million for the Third QuarterNet Income of $0.05 Per Diluted Common Share for the Third QuarterAFFO of $0.33 Per Diluted Common Share for the Third Quarter LITTLE ROCK, Ark., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its results for the third quarter 2024. "We continue to see solid demand for our mission critical fiber infrastructure at Uniti with consolidated bookings of nearly $1 million in monthly recurring revenue during the quarter. Demand from our Hyperscaler cust
LITTLE ROCK, Ark., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) announced today that it will report its third quarter 2024 financial results prior to the opening of trading on the Nasdaq Stock Exchange on October 31, 2024. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time. The conference call will be webcast live on Uniti's Investor Relations website at investor.uniti.com. Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay of the call will also be made available on the Investor Relations website. ABOUT UNITI Uniti, an internally ma
NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the third quarter of 2024. This quarter, there are constituent changes within three of our indexes: the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). These changes will be effective prior to the opening of business
10-Q - Uniti Group Inc. (0001620280) (Filer)
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8-K - Uniti Group Inc. (0001620280) (Filer)
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Raymond James downgraded Uniti Group from Strong Buy to Outperform and set a new price target of $6.00 from $8.00 previously
BofA Securities downgraded Uniti Group from Neutral to Underperform and set a new price target of $3.50
Morgan Stanley reiterated coverage of Uniti Group with a rating of Underweight and set a new price target of $9.50 from $6.00 previously
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. RLJ Lodging Trust (NYSE:RLJ) On May 1, RLJ Lodging posted better-than-expected quarterly sales. “Our first quarter RevPAR gro
The notes will be issued at an issue price of 103.00%. The offering is expected to close on May 17, 2024. The issuers intend to use the net proceeds from the offering of the notes for general corporate purposes, which may include funding a portion of the cash consideration payable in connection with the Company's previously announced merger with Windstream.
Raymond James analyst Frank Louthan downgrades Uniti Group (NASDAQ:UNIT) from Strong Buy to Outperform and lowers the price target from $8 to $6.
LITTLE ROCK, Ark., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the BofA Securities Leveraged Finance Conference. The presentation is scheduled for 9:30 AM EST on December 3, 2024 in Boca Raton, FL. You may access a live webcast of the event on Uniti's Investor Relations website at investor.uniti.com. The webcast will be available for replay for a limited time following the presentation. ABOUT UNITI Uniti, an internally managed real estate investment trust, is en
LITTLE ROCK, Ark., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at Nareit's REITworld 2024 Annual Conference on November 19, 2024 in Las Vegas, NV. Investor materials will be made available on Uniti's Investor Relations website at investor.uniti.com under the Events & Presentations tab. ABOUT UNITI Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fib
Third Quarter Consolidated Bookings Monthly Recurring Revenue of $0.9 Million Increased Over 20% From Prior Year Updates 2024 Outlook Net Income of $12.2 Million for the Third QuarterNet Income of $0.05 Per Diluted Common Share for the Third QuarterAFFO of $0.33 Per Diluted Common Share for the Third Quarter LITTLE ROCK, Ark., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its results for the third quarter 2024. "We continue to see solid demand for our mission critical fiber infrastructure at Uniti with consolidated bookings of nearly $1 million in monthly recurring revenue during the quarter. Demand from our Hyperscaler cust