| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | 1 | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | ‡‡‡‡‡ |
|
| 2025 | ‡‡‡‡‡ |
|
| 2024 | 0.50 |
—
—
|
| 2023 | 1.00 |
—
—
—
—
|
| 2022 | 1.00 |
—
—
—
—
|
| 2021 | 1.00 |
—
—
—
—
|
| 2020 | 1.00 |
—
—
—
—
|
| 2019 | 0.61 |
—
—
—
—
|
| 2018 | 3.99 |
—
—
—
—
|
| 2017 | 3.99 |
—
—
—
—
|
| 2016 | 3.99 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 62.26 | 183.80 | 134.10 | 732.70 |
| Receivables | 137.35 | 51.50 | 359.00 | 387.10 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 199.61 | 235.30 | 493.10 | 1,119.80 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 119.34 | 13.60 | 171.50 | 177.70 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 5,776.60 | 5,948.20 | 9,901.50 | 11,038.50 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 987.50 | 909.70 | — | — |
—
|
| ’25 | 293.90 | 300.70 | 722.60 | 917.30 |
2,234.50
|
| ’24 | 286.42 | 294.95 | 292.20 | 293.34 |
1,166.90
|
| ’23 | 289.82 | 283.70 | 290.66 | 285.63 |
1,149.80
|
| ’22 | 278.03 | 283.98 | 283.10 | 283.74 |
1,128.85
|
| ’21 | 272.59 | 268.18 | 266.75 | 293.01 |
1,100.52
|
| ’20 | 266.16 | 266.82 | 258.77 | 275.29 |
1,067.04
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 260.90 | 78.50 | — | — |
—
|
| ’25 | 8.60 | 175.00 | 46.20 | 120.40 |
350.20
|
| ’24 | 6.19 | 168.15 | 6.76 | 185.50 |
366.60
|
| ’23 | 14.56 | 185.27 | (9.26) | 162.63 |
353.20
|
| ’22 | 63.22 | 171.39 | 50.50 | 175.01 |
460.12
|
| ’21 | 126.66 | 191.81 | 34.88 | 145.80 |
499.16
|
| ’20 | 132.27 | 94.01 | (113.47) | 44.42 |
157.23
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (107.80) | (383.30) | — | — |
—
|
| ’25 | (199.10) | 137.10 | (171.00) | (216.00) |
(449.00)
|
| ’24 | (121.40) | 73.45 | (58.15) | 160.50 |
54.40
|
| ’23 | (99.81) | 53.54 | (128.31) | 116.48 |
(58.10)
|
| ’22 | (31.13) | 82.45 | (57.43) | 41.67 |
35.57
|
| ’21 | 42.29 | 161.80 | (62.46) | 36.30 |
177.94
|
| ’20 | 57.18 | 260.22 | (26.72) | (58.64) |
232.03
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.34) | (0.68) | — | — |
—
|
| ’25 | 0.08 | (0.04) | 4.92 | (1.19) |
4.87
|
| ’24 | 0.27 | 0.12 | 0.08 | 0.15 |
0.63
|
| ’23 | (0.13) | 0.18 | (0.56) | 0.22 |
(0.58)
|
| ’22 | 0.35 | 0.35 | (1.09) | 0.22 |
(0.07)
|
| ’21 | (0.03) | 0.33 | 0.28 | 0.25 |
0.85
|
| ’20 | (0.68) | (5.08) | 0.07 | (0.33) |
(5.76)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 8.87 | 4.88 | 4.27 | 5.30 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 23.67 | 11.39 | 11.15 | 10.25 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 784 | 813 | 758 | 8,632 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.44 | 1.41 | 1.54 | 0.26 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,128.85 | 1,149.80 | 1,166.90 | 2,234.50 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 100.00% | 87.45% | 87.98% | 66.77% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (27.86) | (152.90) | 75.90 | 1,168.20 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.47%) | (13.30%) | 6.50% | 52.28% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.12) | (81.70) | 93.40 | 1,304.70 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 551.44 | 533.00 | 337.60 | 680.90 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.95 | 8.07 | 8.15 | 11.82 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.07) | (0.58) | 0.63 | 6.61 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.24 | 2.48 | 2.56 | 1.85 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.99) | (2.89) | (2.18) | (4.23) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.25 | (0.41) | 0.38 | (2.38) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (15.99) | (17.43) | (17.13) | 2.01 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 142.02 | 142.50 | 143.10 | 189.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 0.00 | 0.00 | 14.50 | 1.15 | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.20 | 1.21 | 1.12 | 0.59 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 3.48 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.18 | 1.17 | 0.98 | 0.54 | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 37.42 | (21.15) | 22.05 | (2.76) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 460.12 | 353.20 | 366.60 | 350.20 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (424.55) | (411.30) | (312.20) | (799.20) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 35.57 | (58.10) | 54.40 | (449.00) | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (5,277.30) | (5,576.99) | (5,712.90) | (9,408.40) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.52 | 18.11 | 17.19 | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (25.28) | (44.15) | (166.61) | (134.10) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2,271.21) | (2,484.12) | (2,451.90) | 380.40 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.20%) | (1.68%) | 1.77% | 14.42% | — | — | — |
ROA
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00% | 0.00% | 0.00% | 66.48% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.43% | 3.49% | (3.70%) | (120.56%) | — | — | — |
ROE
|
Uniti Group Inc. (UNIT), a communications infrastructure REIT spun out of Windstream in 2015, remains mired in a value trap narrative despite emerging from a 2024 prepackaged bankruptcy that slashed debt but severely diluted shareholders. With shares trading at depressed levels, analyst targets reflect ambivalence—a high of 31% upside, a mean implying 10% downside, and a low signaling 28% further decline—amid zero insider activity, underscoring a lack of conviction. Revenue has grown steadily at a 5% CAGR to $1.17 billion by 2024, yet the stock has cratered over 80% from peaks, decoupled by volatile EPS, ballooning depreciation, and chronic negative book value per share nearing -$17, leaving shareholders’ equity in a -$2.45 billion hole.
The balance sheet tells a cautionary tale: post-bankruptcy net cash position masks zero ROIC, deeply negative working capital, and profitability fragility exposed by past tenant defaults like Windstream’s 2018 filing. Projections dazzle with revenue tripling to $3.59 billion by 2026 on AI-driven fiber demand, but they hinge on massive share dilution (67% increase), spiking capex, and EPS flipping to losses—echoing historical execution shortfalls amid rate sensitivity and tenant concentration risks.
This zombie-like REIT offers contrarian intrigue if hyperscaler tailwinds deliver, potentially sparking a rerating, but downside looms large from profitability mirages and balance sheet toxins. Read the full analysis for the data-driven risks Wall Street overlooks.
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