Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Uniti Group's share price for the quarter that ended in Dec. 2023 was $5.78. Uniti Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 237 Mil. Therefore, Uniti Group's market cap for the quarter that ended in Dec. 2023 was $1,367 Mil.
Uniti Group's quarterly market cap
increased
from Jun. 2023 ($1,092 Mil) to Sep. 2023 ($1,116 Mil) and
increased
from Sep. 2023 ($1,116 Mil) to Dec. 2023 ($1,367 Mil).
Uniti Group's annual market cap
declined
from Dec. 2021 ($3,289 Mil) to Dec. 2022 ($1,304 Mil) but then
increased
from Dec. 2022 ($1,304 Mil) to Dec. 2023 ($1,367 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Uniti Group's Enterprise Value for Today is $6,907 Mil.
Uniti Group Market Cap Historical Data
The historical data trend for Uniti Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Uniti Group's Market Cap
For the REIT - Specialty subindustry, Uniti Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Uniti Group's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Uniti Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Uniti Group's Market Cap falls into.
Uniti Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Uniti Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Uniti Group (NAS:UNIT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Uniti Group Market Cap Related Terms
Thank you for viewing the detailed overview of Uniti Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Uniti is a REIT with about 135,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Uniti was spun out of Windstream in 2015 with a substantial portion of Windstream's network assets, and it immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.
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