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 paid a dividend of $0.25 per share on Monday, March 30th. This represents a $1.00 annualized dividend and a dividend yield of 0.47%. The ex-dividend date is Friday, March 6th. View UniFirst's Dividend History.

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

UniFirst Corp (NYSE:UNF) issued its earnings results on Wednesday, January, 8th. The textile maker reported $2.52 EPS for the quarter, beating the Zacks' consensus estimate of $2.01 by $0.51. The textile maker earned $465.40 million during the quarter, compared to the consensus estimate of $459.19 million. UniFirst had a net margin of 9.89% and a return on equity of 10.21%. UniFirst's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.10 earnings per share. 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 equities research analysts have issued 12 month price objectives for UniFirst's shares. Their forecasts range from $183.00 to $183.00. On average, they anticipate UniFirst's share price to reach $183.00 in the next year. This suggests that the stock has a possible downside of 13.8%. 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.

Media stories about UNF stock have trended somewhat positive recently, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. UniFirst earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media headlines about the textile maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for UniFirst.

UniFirst saw a increase in short interest in December. As of December 31st, there was short interest totalling 264,900 shares, an increase of 15.5% from the December 15th total of 229,400 shares. Based on an average trading volume of 83,800 shares, the short-interest ratio is currently 3.2 days. Currently, 1.8% of the company's shares are sold short. 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 AbbVie (ABBV), Carnival (CCL), Invesco (IVZ), Southern (SO), UnitedHealth Group (UNH), Verizon Communications (VZ), Costco Wholesale (COST), Abbott Laboratories (ABT), Accenture (ACN) and Coca-Cola European Partners (CCEP).

UniFirst's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (1.23%), Dalton Greiner Hartman Maher & Co. (0.52%), Assenagon Asset Management S.A. (0.23%), State of Alaska Department of Revenue (0.06%), Nisa Investment Advisors LLC (0.04%) and Louisiana State Employees Retirement System (0.03%). 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 Dalton Greiner Hartman Maher & Co., Louisiana State Employees Retirement System, State of Alaska Department of Revenue and Huntington National Bank. Company insiders that have sold UniFirst company stock in the last year 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 Insider Buying and Selling for UniFirst.

UNF stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Boston Trust Walden Corp, Harel Insurance Investments & Financial Services Ltd., Nisa Investment Advisors LLC and Alpha Windward LLC. 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 $212.39.

UniFirst has a market capitalization of $4.02 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]