Uniti, a REIT, owns fiber optic cables, but it has one gigantic risk hovering over it even though it easily covers its dividend with adjusted funds from operations.
When a REIT gets spun off, it often has just one tenant. And when you have one tenant you can have problems.
Uniti (UNIT) delivered FFO and revenue surprises of 5.41% and 1.35%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Creative Media & Community Trust (CMCT) delivered FFO and revenue surprises of -200% and 12.50%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?...
Investors need to pay close attention to Uniti Group (UNIT) stock based on the movements in the options market lately.
Uniti (UNIT) delivered FFO and revenue surprises of -2.22% and 0.62%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?