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 paid 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 of Directors has initiated a stock repurchase plan on Tuesday, October 29th 2019, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Cintas Co. (NASDAQ:CTAS) announced its quarterly earnings results on Tuesday, September, 24th. The business services provider reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.15 by $0.17. The business services provider earned $1.81 billion during the quarter, compared to analyst estimates of $1.79 billion. Cintas had a return on equity of 28.61% and a net margin of 13.18%. The company's revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.93 earnings per share. View Cintas' Earnings History.

Cintas is scheduled to release their next quarterly earnings announcement on Thursday, December 19th 2019. View Earnings Estimates for Cintas.

Cintas issued an update on its FY20 earnings guidance on Tuesday, September, 24th. The company provided earnings per share guidance of $8.47-8.57 for the period, compared to the Thomson Reuters consensus estimate of $8.47. The company issued revenue guidance of $7.28-7.32 billion, compared to the consensus revenue estimate of $7.30 billion.

12 analysts have issued twelve-month price targets for Cintas' shares. Their forecasts range from $223.00 to $308.00. On average, they expect Cintas' share price to reach $265.20 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Cintas.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cintas.

News stories about CTAS stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cintas earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Cintas.

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), Performant Financial (PFMT) and Schawk (SGK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cintas investors own include Mastercard (MA), Visa (V), Johnson & Johnson (JNJ), Netflix (NFLX), Boeing (BA), 3M (MMM), salesforce.com (CRM), NVIDIA (NVDA), Abbott Laboratories (ABT) and Adobe (ADBE).

Cintas' stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (3.73%), Congress Asset Management Co. MA (0.72%), Select Equity Group L.P. (0.40%), Pictet Asset Management Ltd. (0.39%), Stifel Financial Corp (0.38%) and Sumitomo Mitsui Trust Holdings Inc. (0.36%). 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 Street Corp, Ardevora Asset Management LLP, Artemis Investment Management LLP, Select Equity Group L.P., Congress Asset Management Co. MA, Royal Bank of Scotland Group PLC, Castleark Management LLC and Pictet Asset Management Ltd.. 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 purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., State of New Jersey Common Pension Fund D, Squarepoint Ops LLC, California Public Employees Retirement System, CIBC Private Wealth Group LLC, Point72 Asset Management L.P. and Man Group plc. 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 $254.70.

Cintas has a market capitalization of $26.36 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]