Aramark (ARMK) To Go Ex-Dividend on February 18th

Aramark (NYSE:ARMKGet Free Report) announced a quarterly dividend on Wednesday, February 4th. Stockholders of record on Wednesday, February 18th will be paid a dividend of 0.12 per share on Wednesday, March 4th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, February 18th.

Aramark has decreased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. Aramark has a dividend payout ratio of 21.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Aramark to earn $2.24 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 21.4%.

Aramark Stock Down 0.4%

Aramark stock opened at $38.99 on Monday. Aramark has a 1-year low of $29.92 and a 1-year high of $44.49. The business has a fifty day moving average price of $38.35 and a 200-day moving average price of $38.57. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.27 and a quick ratio of 1.13. The stock has a market capitalization of $10.25 billion, a price-to-earnings ratio of 32.77, a PEG ratio of 1.07 and a beta of 1.09.

Aramark (NYSE:ARMKGet Free Report) last announced its earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.01. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.76 billion. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.51 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities research analysts forecast that Aramark will post 1.92 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on ARMK. Robert W. Baird set a $50.00 price objective on shares of Aramark in a research report on Wednesday. Stifel Nicolaus raised their price target on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Morgan Stanley set a $45.00 price objective on shares of Aramark in a research note on Tuesday, February 10th. UBS Group set a $47.00 target price on Aramark and gave the company a “buy” rating in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $47.83.

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Aramark Company Profile

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Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.

Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.

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Dividend History for Aramark (NYSE:ARMK)

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