Cintas (CTAS) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTAS shares.
View CTAS analyst ratings or view top-rated stocks.

12 Wall Street research analysts have issued 12-month target prices for Cintas' stock. Their CTAS share price forecasts range from $441.00 to $575.00. On average, they predict the company's share price to reach $529.36 in the next twelve months. This suggests a possible upside of 10.1% 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 at the beginning of 2023. Since then, CTAS stock has increased by 6.5% and is now trading at $480.87.
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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 quarterly earnings data on Tuesday, September, 26th. The business services provider reported $3.70 EPS for the quarter, topping the consensus estimate of $3.67 by $0.03. The business services provider had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. Cintas had a trailing twelve-month return on equity of 36.82% and a net margin of 15.36%. The business's revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $3.39 EPS.
Read the conference call transcript.

Cintas declared a quarterly dividend on Tuesday, July 25th. Investors of record on Tuesday, August 15th will be paid 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 of this dividend 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 1.12%. 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 40.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 34.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTAS.

Cintas issued an update on 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 earnings per share 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 variety of institutional and retail investors. Top institutional investors include Park National Corp OH (0.01%) and Appleton Partners Inc. MA (0.00%). 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 $480.87.

Cintas (NASDAQ:CTAS) has a market capitalization of $49.25 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 $13.29 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.