Definitive Analysis
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Definitive Analysis

Financials

Fundamentals

Mode

Ticker

Industry

Sector

Uniti Group Inc. (UNIT)

Company Dividend Discount ModelIndustry: REIT - SpecialtySector: Real Estate

Valuation Snapshot

Stable Growth$67.70 - $99.71$83.06
Multi-Stage$87.68 - $96.29$91.90
Blended Fair Value$87.48
Current Price$7.18
Upside1,118.42%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.80%0.00%0.580.570.760.750.720.742.272.131.961.25
YoY Growth--0.98%-24.87%1.12%4.20%-2.20%-67.44%6.47%8.80%56.34%0.00%
Dividend Yield--6.90%5.82%12.90%3.29%3.94%7.37%11.75%7.89%4.56%3.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,596.56
(-) Cash Dividends Paid (M)0.02
(=) Cash Retained (M)1,596.54
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)319.31199.57119.74
Cash Retained (M)1,596.541,596.541,596.54
(-) Cash Required (M)-319.31-199.57-119.74
(=) Excess Retained (M)1,277.231,396.971,476.80
(/) Shares Outstanding (M)187.86187.86187.86
(=) Excess Retained per Share6.807.447.86
LTM Dividend per Share0.000.000.00
(+) Excess Retained per Share6.807.447.86
(=) Adjusted Dividend6.807.447.86
WACC / Discount Rate10.03%10.03%10.03%
Growth Rate-0.01%0.99%1.99%
Fair Value$67.70$83.06$99.71
Upside / Downside842.94%1,056.88%1,288.70%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,596.561,612.311,628.221,644.291,660.511,676.901,727.20
Payout Ratio0.00%18.00%36.00%54.00%72.00%90.00%92.50%
Projected Dividends (M)0.02290.23586.17887.921,195.571,509.211,597.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.03%10.03%10.03%
Growth Rate-0.01%0.99%1.99%
Year 1 PV (M)261.17263.78266.39
Year 2 PV (M)474.66484.20493.83
Year 3 PV (M)647.00666.61686.61
Year 4 PV (M)783.94815.78848.57
Year 5 PV (M)890.50935.93983.19
PV of Terminal Value (M)13,414.1914,098.5514,810.55
Equity Value (M)16,471.4617,264.8418,089.15
Shares Outstanding (M)187.86187.86187.86
Fair Value$87.68$91.90$96.29
Upside / Downside1,121.15%1,179.97%1,241.08%

High-Yield Dividend Screener

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