Cintas - CTAS Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cintas stock.
View analyst ratings for Cintas or view top-rated stocks.

8 brokerages have issued 1-year price targets for Cintas' shares. Their CTAS stock forecasts range from $362.00 to $493.00. On average, they predict Cintas' share price to reach $432.00 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price.
View analysts' price targets for Cintas or view top-rated stocks among Wall Street analysts.

Cintas' stock was trading at $443.17 at the beginning of 2022. Since then, CTAS stock has decreased by 4.4% and is now trading at $423.61.
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Cintas saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,180,000 shares, an increase of 28.2% from the June 30th total of 920,300 shares. Based on an average daily volume of 517,600 shares, the short-interest ratio is presently 2.3 days. Currently, 1.4% of the company's stock are short sold.
View Cintas' Short Interest.

Cintas is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) announced its quarterly earnings data on Thursday, July, 14th. The business services provider reported $2.81 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.13. The business services provider had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2 billion. Cintas had a trailing twelve-month return on equity of 35.81% and a net margin of 15.73%. The company's revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.47 earnings per share.
Read Cintas' conference call transcript.

Cintas announced a quarterly dividend on Tuesday, July 26th. Investors of record on Monday, August 15th will be given a dividend of $1.15 per share on Thursday, September 15th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Friday, August 12th. This is a boost from Cintas's previous quarterly dividend of $0.95.
View Cintas' dividend history.

Cintas(NASDAQ:CTAS) pays an annual dividend of $3.80 per share and currently has a dividend yield of 0.90%. Cintas has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Cintas is 32.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cintas will have a dividend payout ratio of 28.00% next year. This indicates that Cintas will be able to sustain or increase its dividend.
View Cintas' dividend history.

Cintas updated its FY 2023 earnings guidance on Thursday, July, 28th. The company provided EPS guidance of $11.90-$12.30 for the period, compared to the consensus estimate of $12.24. The company issued revenue guidance of $8.47 billion-$8.58 billion, compared to the consensus revenue estimate of $8.33 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cintas investors own include Johnson & Johnson (JNJ), Mastercard (MA), Visa (V), AbbVie (ABBV), Walt Disney (DIS), Walmart (WMT), Home Depot (HD), NVIDIA (NVDA), Medtronic (MDT) and Netflix (NFLX).

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

Cintas' stock is owned by many different retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (1.48%), ProShare Advisors LLC (0.52%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), TimesSquare Capital Management LLC (0.29%), Frontier Capital Management Co. LLC (0.26%) and CIBC Private Wealth Group LLC (0.25%). Company insiders that own Cintas stock include J Michael Hansen, Joseph Scaminace, Melanie W Barstad, Michael Lawrence Thompson, Ronald W Tysoe, Thomas E Frooman and Todd M Schneider.
View institutional ownership trends for Cintas.

Shares of CTAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CTAS stock can currently be purchased for approximately $423.61.

Cintas (NASDAQ:CTAS) has a market capitalization of $42.87 billion and generates $7.85 billion in revenue each year. The business services provider earns $1.24 billion in net income (profit) each year or $11.65 on an earnings per share basis.

Cintas employs 43,000 workers across the globe.

Cintas was founded in 1968.

Cintas' mailing address is 6800 CINTAS BOULEVARD; P O BOX 625737, CINCINNATI OH, 45262. The official website for Cintas is www.cintas.com. The business services provider can be reached via phone at (513) 459-1200, via email at webmaster@cintasmail.com, or via fax at 513-573-4030.