NASDAQ:CTAS - Cintas Stock Price, Forecast & News

Cintas trades on the NASDAQ under the ticker symbol "CTAS."

Cintas announced an annual dividend on Tuesday, October 29th. Shareholders of record on Friday, November 8th will be given a dividend of $2.55 per share on Friday, December 6th. The ex-dividend date of this dividend is Thursday, November 7th. View Cintas' Dividend History.

Cintas announced that its board has authorized a stock buyback program on Tuesday, October 29th 2019, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 3.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Cintas Co. (NASDAQ:CTAS) released its earnings results on Tuesday, December, 17th. The business services provider reported $2.27 earnings per share for the quarter, beating analysts' consensus estimates of $2.03 by $0.24. The business services provider earned $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. Cintas had a return on equity of 30.04% and a net margin of 12.99%. The company's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $1.76 earnings per share. View Cintas' Earnings History.

Cintas is scheduled to release their next quarterly earnings announcement on Thursday, March 19th 2020. View Earnings Estimates for Cintas.

Cintas updated its FY20 earnings guidance on Tuesday, December, 17th. The company provided earnings per share (EPS) guidance of $8.65-8.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.49. The company issued revenue guidance of $7.29-7.33 billion, compared to the consensus revenue estimate of $7.30 billion.

11 analysts have issued 1 year price targets for Cintas' shares. Their forecasts range from $225.00 to $308.00. On average, they anticipate Cintas' stock price to reach $273.60 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Cintas.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cintas.

News coverage about CTAS stock has been trending extremely negative on Sunday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cintas earned a news sentiment score of -4.5 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Cintas.

Cintas saw a decrease in short interest in December. As of December 31st, there was short interest totalling 3,040,000 shares, a decrease of 10.1% from the December 15th total of 3,380,000 shares. Based on an average daily trading volume, of 552,200 shares, the short-interest ratio is currently 5.5 days. Approximately 3.7% of the company's stock are sold short. View Cintas' Current Options Chain.

Some companies that are related to Cintas include Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), 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 Cintas investors own include Mastercard (MA), Visa (V), NVIDIA (NVDA), Johnson & Johnson (JNJ), Abbott Laboratories (ABT), Walt Disney (DIS), Netflix (NFLX), Alibaba Group (BABA), Adobe (ADBE) and Home Depot (HD).

Cintas' stock is owned by a number of of retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.13%), AMI Asset Management Corp (0.13%), State of Michigan Retirement System (0.10%), Assenagon Asset Management S.A. (0.07%), Reik & CO. LLC (0.06%) and Mckinley Capital Management LLC Delaware (0.06%). Company insiders that own Cintas stock include James Phillip Holloman, Joseph Scaminace, Michael Lawrence Thompson, Ronald W Tysoe and Thomas E Frooman. View Institutional Ownership Trends for Cintas.

CTAS stock was sold by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Assenagon Asset Management S.A., Artemis Investment Management LLP, Mckinley Capital Management LLC Delaware, Nisa Investment Advisors LLC, Braun Stacey Associates Inc., Tuttle Tactical Management and Tocqueville Asset Management L.P.. Company insiders that have sold Cintas company stock in the last year include Joseph Scaminace, Michael Lawrence Thompson, Ronald W Tysoe and Thomas E Frooman. View Insider Buying and Selling for Cintas.

CTAS stock was bought by a variety of institutional investors in the last quarter, including First American Bank, Commerzbank Aktiengesellschaft FI, Ambassador Advisors LLC, Janney Montgomery Scott LLC, Sciencast Management LP, New York State Teachers Retirement System, Paragon Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank. View Insider Buying and Selling for Cintas.

Shares of CTAS 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 CTAS stock can currently be purchased for approximately $283.44.

Cintas has a market capitalization of $29.41 billion and generates $6.89 billion in revenue each year. The business services provider earns $884.98 million in net income (profit) each year or $7.60 on an earnings per share basis. Cintas employs 45,000 workers across the globe.View Additional Information About Cintas.

The official website for Cintas is http://www.cintas.com/.

Cintas' mailing address is 6800 CINTAS BOULEVARD; P O BOX 625737, CINCINNATI OH, 45262. The business services provider can be reached via phone at 513-459-1200 or via email at [email protected]