Uniti Group (NASDAQ:UNIT) Posts Earnings Results, Beats Expectations By $0.01 EPS

Uniti Group (NASDAQ:UNIT) released its earnings results on Monday. The real estate investment trust reported ($0.34) EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $0.01, Briefing.com reports. The company had revenue of $987.50 million for the quarter, compared to analysts’ expectations of $930.08 million. Uniti Group had a negative return on equity of 2.52% and a net margin of 39.61%.The business’s revenue for the quarter was up 236.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 EPS.

Here are the key takeaways from Uniti Group’s conference call:

• Uniti reported strong fiber growth — total fiber revenue +15% YoY, Kinetic consumer fiber revenue +26% YoY, ~30k net new fiber subscribers and ~88k homes passed in Q1, and management is targeting 450k–500k new homes with fiber in 2026.
• Hyperscaler/AI demand is driving Fiber Infrastructure — third‑highest bookings on record, a 20 Tb WAVE sale, ~6,000 new route miles planned and management expects ~$1B cumulative non‑recurring cash revenue by 2028 with ~30% IRRs on deals, though results are lumpy and timing remains uncertain.
• Kinetic churn improved meaningfully — company reported its best consumer fiber churn ever with early‑life churn down ~20% YoY, operational fixes reducing truck rolls and repeat service events, and churn is now tied to company‑wide incentives.
• Consolidated pro forma Q1 showed revenue +1% and adjusted EBITDA +10% YoY, and full‑year 2026 guidance remains at about $3.63B revenue / $1.45B adj. EBITDA with ~$1.4B net CapEx; management declined to raise guidance despite the Q1 beat due to timing variability in hyperscaler deals.
• Capital strategy aims to lower funding costs and fund growth — blended debt yield has fallen to ~6.5% (recent ABS coupons ~5.7%), continued ABS access is expected, and management flagged $500M–$1B of potential non‑core asset monetizations as opportunistic funding sources.

Uniti Group Stock Down 1.3%

UNIT stock opened at $11.22 on Wednesday. The firm has a market capitalization of $2.72 billion, a PE ratio of 3.35 and a beta of 1.44. The stock has a 50-day simple moving average of $9.76 and a two-hundred day simple moving average of $8.03. Uniti Group has a twelve month low of $5.30 and a twelve month high of $12.39.

Institutional Trading of Uniti Group

A number of large investors have recently modified their holdings of UNIT. Mackenzie Financial Corp lifted its position in Uniti Group by 12.5% in the fourth quarter. Mackenzie Financial Corp now owns 12,202 shares of the real estate investment trust’s stock valued at $84,000 after purchasing an additional 1,352 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in Uniti Group by 2.0% in the second quarter. Daiwa Securities Group Inc. now owns 84,017 shares of the real estate investment trust’s stock valued at $363,000 after purchasing an additional 1,629 shares during the last quarter. Osaic Holdings Inc. lifted its position in Uniti Group by 20.6% in the second quarter. Osaic Holdings Inc. now owns 10,511 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,795 shares during the last quarter. Xponance LLC lifted its position in Uniti Group by 17.3% in the fourth quarter. Xponance LLC now owns 13,169 shares of the real estate investment trust’s stock valued at $92,000 after purchasing an additional 1,944 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in Uniti Group by 12.8% in the fourth quarter. Police & Firemen s Retirement System of New Jersey now owns 44,783 shares of the real estate investment trust’s stock valued at $314,000 after purchasing an additional 5,099 shares during the last quarter. Institutional investors own 87.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on UNIT. Wall Street Zen cut Uniti Group from a “hold” rating to a “sell” rating in a research note on Sunday, March 1st. Raymond James Financial reiterated a “strong-buy” rating and set a $11.00 target price on shares of Uniti Group in a research note on Tuesday, March 3rd. Weiss Ratings upgraded Uniti Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday. TD Cowen lifted their target price on Uniti Group from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Barclays lifted their target price on Uniti Group from $8.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Uniti Group currently has a consensus rating of “Hold” and a consensus target price of $10.61.

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.