Cintas (CTAS) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CTAS shares.
View CTAS analyst ratings or view top-rated stocks.

11 brokerages have issued 1 year price objectives for Cintas' shares. Their CTAS share price forecasts range from $441.00 to $575.00. On average, they anticipate the company's stock price to reach $529.36 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for CTAS or view top-rated stocks among Wall Street analysts.

Cintas' stock was trading at $451.62 on January 1st, 2023. Since then, CTAS shares have increased by 6.5% and is now trading at $481.03.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 20th 2023.
View our CTAS earnings forecast.

Cintas Co. (NASDAQ:CTAS) issued its earnings results on Tuesday, September, 26th. The business services provider reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.67 by $0.03. The business services provider earned $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Cintas had a trailing twelve-month return on equity of 38.09% and a net margin of 15.29%. Cintas's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $3.39 EPS.
Read the conference call transcript.

Cintas announced a quarterly dividend on Tuesday, July 25th. Stockholders of record on Tuesday, August 15th will be given a dividend of $1.35 per share on Friday, September 15th. This represents a $5.40 annualized dividend and a yield of 1.12%. The ex-dividend date is Monday, August 14th. This is an increase from the stock's previous quarterly dividend of $1.15.
Read our dividend analysis for CTAS.

ETFs with the largest weight of Cintas (NASDAQ:CTAS) stock in their portfolio include WBI BullBear Quality 3000 ETF (WBIL), VictoryShares THB Mid Cap ESG ETF (MDCP), Profound Medical (PRN), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Putnam Sustainable Future ETF (PFUT), Argent Mid Cap ETF (AMID), Logan Capital Broad Innovative Growth ETF (LCLG) and American Century Low Volatility ETF (LVOL).

Cintas (NASDAQ:CTAS) pays an annual dividend of $5.40 per share and currently has a dividend yield of 1.07%. The company 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 is 41.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 34.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTAS.

Cintas updated its FY 2024 earnings guidance on Tuesday, September, 26th. The company provided earnings per share guidance of $14.00-$14.45 for the period, compared to the consensus EPS estimate of $14.42. The company issued revenue guidance of $9.40 billion-$9.52 billion, compared to the consensus revenue estimate of $9.50 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.85%), State Street Corp (3.72%), Osaic Holdings Inc. (1.96%), Geode Capital Management LLC (1.90%), Impax Asset Management Group plc (1.16%) and Royal Bank of Canada (1.02%). Insiders that own company stock include Gerald S Adolph, J Michael Hansen, Joseph Scaminace, Melanie W Barstad, Michael Lawrence Thompson, Thomas E Frooman and Todd M Schneider.
View institutional ownership trends.

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 $481.03.

Cintas (NASDAQ:CTAS) has a market capitalization of $49.27 billion and generates $8.82 billion in revenue each year. The business services provider earns $1.35 billion in net income (profit) each year or $12.98 on an earnings per share basis.

The company employs 44,500 workers across the globe.

Cintas' mailing address is 6800 CINTAS BOULEVARD; P O BOX 625737, CINCINNATI OH, 45262. The official website for the company 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.