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 Wednesday, January 15th. Stockholders of record on Monday, March 9th will be given a dividend of $0.25 per share on Monday, March 30th. This represents a $1.00 annualized dividend and a dividend yield of 0.49%. The ex-dividend date is Friday, March 6th. View UniFirst's Dividend History.

UniFirst declared that its board has initiated a stock repurchase plan on Thursday, January 3rd 2019, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

UniFirst Corp (NYSE:UNF) issued its earnings results on Wednesday, January, 8th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.01 by $0.51. The textile maker earned $465.40 million during the quarter, compared to analyst estimates of $459.19 million. UniFirst had a net margin of 9.89% and a return on equity of 10.21%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.10 EPS. View UniFirst's Earnings History.

UniFirst is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for UniFirst.

UniFirst updated its FY20 earnings guidance on Wednesday, January, 8th. The company provided EPS guidance of $7.60-7.92 for the period, compared to the Thomson Reuters consensus estimate of $8.13. The company issued revenue guidance of $1.86-1.87 billion, compared to the consensus revenue estimate of $1.87 billion.

2 brokers have issued 1 year target prices for UniFirst's stock. Their forecasts range from $183.00 to $183.00. On average, they anticipate UniFirst's stock price to reach $183.00 in the next twelve months. This suggests that the stock has a possible downside of 9.8%. 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for UniFirst.

Press coverage about UNF stock has been trending very negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. UniFirst earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles 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 stock's share price in the near term. View News Stories for UniFirst.

UniFirst saw a increase in short interest in January. As of January 31st, there was short interest totalling 296,300 shares, an increase of 11.9% from the January 15th total of 264,900 shares. Based on an average trading volume of 80,400 shares, the short-interest ratio is currently 3.7 days. Approximately 2.0% of the company's shares are short sold. View UniFirst's Current Options Chain.

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) and Performant Financial (PFMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other UniFirst investors own include Booking (BKNG), Tesla (TSLA), AbbVie (ABBV), Accenture (ACN), Carnival (CCL), Walt Disney (DIS), Invesco (IVZ), Southern (SO), Teladoc Health (TDOC) and UnitedHealth Group (UNH).

UniFirst's stock is owned by many different of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (3.00%), State Street Corp (2.41%), Victory Capital Management Inc. (2.17%), Victory Capital Management Inc. (2.15%), Geode Capital Management LLC (1.56%) and River Road Asset Management LLC (1.41%). 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 Janus Henderson Group PLC, AJO LP, Renaissance Technologies LLC, Echo Street Capital Management LLC, UBS Group AG, Victory Capital Management Inc., Royce & Associates LP and Victory Capital Management Inc.. Company insiders that have sold UniFirst company stock in the last year include Cecelia Levenstein, 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 Insider Buying and Selling for UniFirst.

UNF stock was purchased by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., William Blair Investment Management LLC, Assenagon Asset Management S.A., Sei Investments Co., Man Group plc, River Road Asset Management LLC, WCM Investment Management LLC and Great West Life Assurance Co. Can. 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 $202.97.

UniFirst has a market capitalization of $3.84 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]