What is Zacks Research's Estimate for Cintas Q2 Earnings?

Key Points

• Zacks Research has lowered its Q2 2026 earnings per share estimate for Cintas Corporation to $1.18, down from $1.20, while the consensus estimate for the current full-year earnings is $4.31 per share.
• Cintas recently declared a quarterly dividend of $0.45, up from $0.39, reflecting a commitment to returning value to shareholders.
• Analyst ratings for Cintas show a mix of evaluations, with one Strong Buy, six Buy, four Hold, and two Sell ratings, and an average target price of $222.09.

Cintas Corporation (NASDAQ:CTAS - Free Report) - Stock analysts at Zacks Research decreased their Q2 2026 earnings per share estimates for shares of Cintas in a note issued to investors on Wednesday, October 15th. Zacks Research analyst Team now expects that the business services provider will post earnings per share of $1.18 for the quarter, down from their prior estimate of $1.20. The consensus estimate for Cintas' current full-year earnings is $4.31 per share. Zacks Research also issued estimates for Cintas' Q3 2026 earnings at $1.20 EPS, Q4 2026 earnings at $1.22 EPS, Q4 2027 earnings at $1.40 EPS, Q1 2028 earnings at $1.41 EPS and FY2028 earnings at $5.99 EPS.

Other equities research analysts have also issued reports about the company. Citigroup lifted their price target on Cintas from $172.00 to $176.00 and gave the company a "sell" rating in a research report on Friday, September 26th. Royal Bank Of Canada dropped their target price on Cintas from $240.00 to $206.00 and set a "sector perform" rating on the stock in a report on Thursday, September 25th. Robert W. Baird boosted their target price on Cintas from $227.00 to $230.00 and gave the stock a "neutral" rating in a report on Friday, July 18th. JPMorgan Chase & Co. dropped their target price on Cintas from $246.00 to $230.00 and set an "overweight" rating on the stock in a report on Thursday, September 25th. Finally, Morgan Stanley boosted their target price on Cintas from $213.00 to $220.00 and gave the stock an "equal weight" rating in a report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Cintas currently has a consensus rating of "Hold" and an average target price of $222.09.

Cintas Price Performance

CTAS opened at $187.45 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.94 and a current ratio of 2.24. Cintas has a 52-week low of $180.78 and a 52-week high of $229.24. The stock has a market capitalization of $75.33 billion, a PE ratio of 42.51, a price-to-earnings-growth ratio of 3.25 and a beta of 1.01. The stock's 50 day moving average price is $206.16 and its 200-day moving average price is $212.69.

Cintas (NASDAQ:CTAS - Get Free Report) last announced its quarterly earnings results on Wednesday, September 24th. The business services provider reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.19 by $0.01. The business had revenue of $2.72 billion for the quarter, compared to analysts' expectations of $2.70 billion. Cintas had a return on equity of 40.41% and a net margin of 17.54%.The business's quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.10 EPS. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS.

Cintas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 15th were given a $0.45 dividend. The ex-dividend date was Friday, August 15th. This is a positive change from Cintas's previous quarterly dividend of $0.39. This represents a $1.80 dividend on an annualized basis and a yield of 1.0%. Cintas's dividend payout ratio (DPR) is currently 40.82%.

Insiders Place Their Bets

In other news, CEO Todd M. Schneider sold 17,301 shares of the company's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $220.90, for a total value of $3,821,790.90. Following the completion of the transaction, the chief executive officer owned 622,712 shares of the company's stock, valued at $137,557,080.80. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Martin Mucci acquired 1,200 shares of the company's stock in a transaction dated Monday, July 21st. The stock was acquired at an average cost of $222.55 per share, with a total value of $267,060.00. Following the purchase, the director owned 2,621 shares of the company's stock, valued at approximately $583,303.55. This trade represents a 84.45% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 14.90% of the company's stock.

Hedge Funds Weigh In On Cintas

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Cintas by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 38,384,133 shares of the business services provider's stock valued at $8,554,672,000 after purchasing an additional 524,829 shares during the last quarter. State Street Corp lifted its stake in shares of Cintas by 0.5% in the 2nd quarter. State Street Corp now owns 15,118,190 shares of the business services provider's stock valued at $3,369,391,000 after purchasing an additional 82,029 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Cintas by 3.5% in the 2nd quarter. Geode Capital Management LLC now owns 9,192,013 shares of the business services provider's stock valued at $2,049,017,000 after purchasing an additional 314,860 shares during the last quarter. Nuveen LLC bought a new stake in shares of Cintas in the 1st quarter valued at approximately $1,877,760,000. Finally, Invesco Ltd. lifted its stake in shares of Cintas by 11.2% in the 2nd quarter. Invesco Ltd. now owns 4,911,366 shares of the business services provider's stock valued at $1,094,596,000 after purchasing an additional 495,486 shares during the last quarter. 63.46% of the stock is owned by institutional investors.

Cintas Company Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.

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