AMC, Iridium Communications lead mid-cap communication services stocks with top momentum scores
Seeking Alpha News (Tue, 23-Jun 1:13 PM ET)
Uniti Wholesale and Beanfield Expand Cross-Border Connectivity
Globe Newswire (Mon, 8-Jun 9:30 AM ET)
Uniti Group Inc. Announces Pricing of $1.1 Billion Kinetic Fiber Securitization Notes Offering
Globe Newswire (Fri, 5-Jun 4:15 PM ET)
Kinetic surpasses 2 million residential fiber premises passed
Globe Newswire (Wed, 3-Jun 9:30 AM ET)
Uniti Group Inc. Announces Launch of Second Kinetic Fiber Securitization Notes Offering
Globe Newswire (Mon, 1-Jun 8:35 AM ET)
Dahlonega Now a 'Gig-Ready' Community from Kinetic's Fiber-Optic Network Expansion
Globe Newswire (Wed, 20-May 9:30 AM ET)
Fairfax Now a 'Gig-Ready' Community from Kinetic's Fiber-Optic Network Expansion
Globe Newswire (Wed, 20-May 9:30 AM ET)
Texarkana Now a 'Gig-Ready' Community from Kinetic's Fiber-Optic Network Expansion
Globe Newswire (Wed, 20-May 9:30 AM ET)
Kannapolis Now a 'Gig-Ready' Community from Kinetic's Fiber-Optic Network Expansion
Globe Newswire (Wed, 20-May 9:30 AM ET)
Jasper Now a 'Gig-Ready' Community from Kinetic's Fiber-Optic Network Expansion
Globe Newswire (Wed, 20-May 9:30 AM ET)
Uniti is the product of the August 2025 merger of the firm with Windstream, its former primary customer. The combined firm owns a 240,000 route-mile fiber network that serves enterprise and residential customers. Selling high-capacity fiber circuits to enterprises generates about 20% of consolidated revenue. Uniti's residential networks reach about 4.5 million households, mostly in less-populated markets in the Southeast, but only about 1.9 million of these locations have been upgraded with fiber. Legacy copper-cable networks serve the remainder. Residential services account for about a third of total revenue. Small business and wholesale services provided within this residential service territory account for about 20% of revenue.
Uniti Group trades on the NASDAQ stock market under the symbol UNIT.
As of June 24, 2026, UNIT stock price declined to $11.32 with 1,648,465 million shares trading.
UNIT has a beta of 1.72, meaning it tends to be more sensitive to market movements. UNIT has a correlation of 0.12 to the broad based SPY ETF.
UNIT has a market cap of $2.75 billion. This is considered a Mid Cap stock.
Last quarter Uniti Group reported $988 million in Revenue and -$.34 earnings per share. This beat revenue expectation by $63 million and exceeded earnings estimates by $.08.
In the last 3 years, UNIT traded as high as $12.94 and as low as $2.57.
The top ETF exchange traded funds that UNIT belongs to (by Net Assets): IJR, VTI, DTCR, VB, IWM.
UNIT has outperformed the market in the last year with a return of +170.2%, while the SPY ETF gained +23.4%. In the last 3 month period, UNIT beat the market returning +45.7%, while SPY returned +12.2%. However, in the most recent 2 weeks UNIT has underperformed the stock market by returning -0.8%, while SPY returned -0.3%.
UNIT support price is $11.17 and resistance is $11.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UNIT shares will trade within this expected range on the day.