Uniti Group (NASDAQ:UNIT) Price Target Lowered to $11.00 at TD Cowen

Uniti Group (NASDAQ:UNIT) had its price target lowered by TD Cowen from $12.00 to $11.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the real estate investment trust’s stock.

Several other research firms also recently commented on UNIT. JPMorgan Chase & Co. boosted their price objective on Uniti Group from $8.00 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, May 12th. Citigroup increased their target price on Uniti Group from $9.00 to $11.75 and gave the stock a “neutral” rating in a report on Tuesday, May 19th. Royal Bank Of Canada lifted their price target on shares of Uniti Group from $6.50 to $7.50 and gave the company a “sector perform” rating in a research report on Monday, April 13th. Weiss Ratings upgraded shares of Uniti Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 22nd. Finally, Williams Trading set a $12.00 price target on shares of Uniti Group in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Uniti Group currently has an average rating of “Hold” and an average price target of $10.92.

Uniti Group Price Performance

Shares of UNIT opened at $9.72 on Friday. Uniti Group has a one year low of $5.30 and a one year high of $12.94. The company has a market cap of $2.36 billion, a PE ratio of 3.59 and a beta of 1.40. The stock has a 50-day moving average of $11.22 and a 200-day moving average of $9.87.

Uniti Group (NASDAQ:UNIT) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.68) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.23). The firm had revenue of $909.70 million for the quarter, compared to analyst estimates of $884.82 million. Uniti Group had a negative return on equity of 133.07% and a net margin of 28.68%. Analysts expect that Uniti Group will post -1.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UNIT. Hilton Head Capital Partners LLC bought a new stake in Uniti Group during the fourth quarter worth $40,000. KBC Group NV purchased a new stake in Uniti Group in the 1st quarter valued at $43,000. Osaic Holdings Inc. lifted its stake in Uniti Group by 20.6% during the 2nd quarter. Osaic Holdings Inc. now owns 10,511 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,795 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Uniti Group during the 4th quarter worth $72,000. Finally, Cibc World Markets Corp purchased a new position in Uniti Group during the 4th quarter worth $78,000. Institutional investors own 87.51% of the company’s stock.

Trending Headlines about Uniti Group

Here are the key news stories impacting Uniti Group this week:

• Positive Sentiment: Revenue exceeded expectations: Uniti reported second-quarter revenue of $909.7 million, above the $884.8 million consensus estimate. The company also delivered $357.1 million in adjusted EBITDA. Uniti Group earnings report
• Positive Sentiment: Fiber infrastructure bookings reached a record level: The bookings momentum may signal stronger demand and support Uniti’s long-term growth prospects. Management also reaffirmed full-year 2026 revenue guidance of approximately $3.6 billion to $3.7 billion. Uniti Group second-quarter 2026 results
• Neutral Sentiment: Analyst opinions remain divided: TD Cowen maintained a “buy” rating, while JPMorgan moved to “neutral.” Both firms reduced their price targets from $12 to $11, but the new targets still imply approximately 13% upside from the referenced share price. Benzinga analyst ratings
• Negative Sentiment: Quarterly losses were substantially worse than expected: Uniti reported a loss of $0.68 per share, compared with the consensus estimate of a $0.43 loss and a $0.04 loss in the prior-year quarter. The company also reported a $155.9 million net loss, which may be pressuring the stock despite the revenue beat. Uniti Group reports second-quarter loss

About Uniti Group

Uniti Group Inc is a real estate investment trust that owns, operates and acquires communications infrastructure assets across the United States. Established in September 2015 through a spin-off from Windstream Holdings, Uniti Group focuses on leasing fiber, small cell networks, cell towers and related infrastructure to service providers, wireless carriers and other enterprises requiring high-capacity connectivity. The company’s assets are designed to support the growing data demands of residential, business and governmental customers, with an emphasis on long-term contractual lease arrangements.

Uniti’s portfolio encompasses an extensive fiber network that spans metropolitan and rural markets, as well as a portfolio of wireless towers and small cell nodes that facilitate mobile network densification and help carriers deploy 5G services.