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. Investors 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 declared that its Board of Directors has approved a share repurchase program on Tuesday, October 29th 2019, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Cintas Co. (NASDAQ:CTAS) released its quarterly earnings data on Tuesday, December, 17th. The business services provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.24. The business services provider had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.82 billion. Cintas had a return on equity of 30.04% and a net margin of 12.99%. The business's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.76 EPS. 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 guidance of $8.65-8.75 for the period, compared to the Thomson Reuters consensus 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 objectives for Cintas' stock. Their forecasts range from $225.00 to $308.00. On average, they expect Cintas' stock price to reach $273.60 in the next twelve months. This suggests that the stock has a possible downside of 2.0%. 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.

Headlines about CTAS stock have trended extremely negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cintas earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Cintas.

Cintas saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 3,040,000 shares, a decline of 10.1% from the December 31st total of 3,380,000 shares. Based on an average daily volume of 548,200 shares, the short-interest ratio is currently 5.5 days. Currently, 3.7% of the shares of the stock are short sold. 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 variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.20%), 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%) and Reik & CO. LLC (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, California Public Employees Retirement System, Nisa Investment Advisors LLC, Braun Stacey Associates Inc. and Tuttle Tactical Management. 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 First American Bank, Commerzbank Aktiengesellschaft FI, Ambassador Advisors LLC, Janney Montgomery Scott LLC, K.J. Harrison & Partners Inc, Sciencast Management LP, New York State Teachers Retirement System and Paragon Advisors LLC. 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 $279.09.

Cintas has a market capitalization of $28.96 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]