NYSE:UNF - UniFirst Stock Price, Forecast & News

UniFirst trades on the New York Stock Exchange (NYSE) under the ticker symbol "UNF."

UniFirst announced a quarterly dividend on Tuesday, October 29th. Investors of record on Friday, December 6th will be given a dividend of $0.25 per share on Friday, January 3rd. This represents a $1.00 annualized dividend and a dividend yield of 0.48%. The ex-dividend date is Thursday, December 5th. This is a positive change from UniFirst's previous quarterly dividend of $0.11. View UniFirst's Dividend History.

UniFirst declared that its board has approved a stock buyback plan on Thursday, January 3rd 2019, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

UniFirst Corp (NYSE:UNF) released its earnings results on Wednesday, October, 23rd. The textile maker reported $2.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.96 by $0.44. The textile maker had revenue of $479.62 million for the quarter, compared to analysts' expectations of $471.41 million. UniFirst had a net margin of 9.49% and a return on equity of 9.67%. The business's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.06 EPS. View UniFirst's Earnings History.

UniFirst is scheduled to release their next quarterly earnings announcement on Thursday, January 2nd 2020. View Earnings Estimates for UniFirst.

UniFirst updated its FY20 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share guidance of $7.47-7.92 for the period, compared to the Thomson Reuters consensus estimate of $8.16. The company issued revenue guidance of $1.86-1.88 billion, compared to the consensus revenue estimate of $1.83 billion.

2 equities research analysts have issued 12-month price targets for UniFirst's stock. Their forecasts range from $152.00 to $183.00. On average, they anticipate UniFirst's share price to reach $167.50 in the next year. This suggests that the stock has a possible downside of 18.9%. View Analyst Price Targets for UniFirst.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UniFirst in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for UniFirst.

Media stories about UNF stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. UniFirst earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave media coverage about the textile maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for UniFirst.

Some companies that are related to UniFirst include Cintas (CTAS), Copart (CPRT), Iron Mountain (IRM), KAR Auction Services (KAR), Healthcare Services Group (HCSG), McGrath RentCorp (MGRC), Mobile Mini (MINI), Viad (VVI), Performant Financial (PFMT) and Schawk (SGK).

Based on aggregate information from My MarketBeat watchlists, some companies that other UniFirst investors own include Coca-Cola European Partners (CCEP), Diplomat Pharmacy (DPLO), UnitedHealth Group (UNH), Costco Wholesale (COST), xG Technology (XGTI), Abbott Laboratories (ABT), Accenture (ACN), Domino's Pizza (DPZ), Universal Health Services (UHS) and Booking (BKNG).

UniFirst's stock is owned by many different of institutional and retail investors. Top institutional investors include Tweedy Browne Co LLC (2.92%), State Street Corp (2.44%), River Road Asset Management LLC (1.30%), Boston Trust Walden Corp (1.19%), Man Group plc (0.73%) and Dalton Greiner Hartman Maher & Co. (0.56%). Company insiders that own UniFirst stock include Cecelia Levenstein, Cynthia Croatti, David A Difillippo, David Martin Katz, Kathleen M Camilli, Michael A Croatti, Michael Iandoli, Steven S Sintros, The Ronald D Croatti Trust - 1 and William Masters Ross. View Institutional Ownership Trends for UniFirst.

UNF stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Millennium Management LLC, Man Group plc, WCM Investment Management LLC, State Street Corp, First Trust Advisors LP, Keybank National Association OH and Barclays PLC. Company insiders that have sold UniFirst company stock in the last year include Cecelia Levenstein, Cynthia Croatti, David A Difillippo, David Martin Katz, Michael A Croatti, Michael Iandoli, The Ronald D Croatti Trust - 1 and William Masters Ross. View Insider Buying and Selling for UniFirst.

UNF stock was bought by a variety of institutional investors in the last quarter, including Tweedy Browne Co LLC, Chartwell Investment Partners LLC, Squarepoint Ops LLC, W.E. Donoghue & Co. LLC, California Public Employees Retirement System, Voloridge Investment Management LLC, Boston Trust Walden Corp and State of Alaska Department of Revenue. View Insider Buying and Selling for UniFirst.

Shares of UNF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of UNF stock can currently be purchased for approximately $206.52.

UniFirst has a market capitalization of $3.91 billion and generates $1.81 billion in revenue each year. The textile maker earns $179.13 million in net income (profit) each year or $8.52 on an earnings per share basis. UniFirst employs 14,000 workers across the globe.View Additional Information About UniFirst.

The official website for UniFirst is http://www.unifirst.com/.

UniFirst's mailing address is 68 JONSPIN RD, WILMINGTON MA, 01887. The textile maker can be reached via phone at 978-658-8888 or via email at [email protected]