Cintas Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cintas stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTAS, but not buy additional shares or sell existing shares.
View analyst ratings for Cintas or view top-rated stocks.

Wall Street analysts have given Cintas a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cintas wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Cintas is scheduled to release its next quarterly earnings announcement on Thursday, March 18th 2021.
View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) posted its quarterly earnings results on Monday, December, 21st. The business services provider reported $2.62 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.18 by $0.44. The business services provider had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.75 billion. Cintas had a trailing twelve-month return on equity of 28.02% and a net margin of 13.90%. The company's quarterly revenue was down 4.7% on a year-over-year basis. During the same period last year, the firm earned $2.27 EPS.
View Cintas' earnings history.

Cintas' stock was trading at $250.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTAS stock has increased by 35.1% and is now trading at $338.31.
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Cintas declared a quarterly dividend on Tuesday, January 19th. Stockholders of record on Monday, February 15th will be paid a dividend of $0.75 per share on Monday, March 15th. This represents a $3.00 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, February 11th. This is a positive change from Cintas's previous quarterly dividend of $0.70.
View Cintas' dividend history.

Cintas pays an annual dividend of $3.00 per share and currently has a dividend yield of 0.89%. The dividend payout ratio of Cintas is 36.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cintas will have a dividend payout ratio of 30.33% next year. This indicates that Cintas will be able to sustain or increase its dividend.
View Cintas' dividend history.

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

12 analysts have issued 12 month price targets for Cintas' stock. Their forecasts range from $175.00 to $405.00. On average, they anticipate Cintas' stock price to reach $321.56 in the next year. This suggests that the stock has a possible downside of 5.0%.
View analysts' price targets for Cintas or view top-rated stocks among Wall Street analysts.

Some companies that are related to Cintas include Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT).
View all of CTAS's competitors.

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), The Walt Disney (DIS), Walmart (WMT), The 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 investors include BlackRock Inc. (5.82%), Price T Rowe Associates Inc. MD (4.73%), FMR LLC (2.16%), Brown Advisory Inc. (1.74%), Northern Trust Corp (0.96%) and Bank of New York Mellon Corp (0.69%). Company insiders that own Cintas stock include J Michael Hansen, 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 Findlay Park Partners LLP, FMR LLC, Price T Rowe Associates Inc. MD, Polaris Wealth Advisory Group LLC, Los Angeles Capital Management LLC, NatWest Group plc, New York State Common Retirement Fund, and Bank of New York Mellon Corp. Company insiders that have sold Cintas company stock in the last year include J Michael Hansen, Joseph Scaminace, Michael Lawrence Thompson, and Ronald W Tysoe.
View insider buying and selling activity for Cintas or view top insider-selling stocks.

CTAS stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Winslow Capital Management LLC, Morgan Stanley, AGF Investments Inc., BlackRock Inc., Nuveen Asset Management LLC, Nordea Investment Management AB, and Frontier Capital Management Co. LLC.
View insider buying and selling activity for Cintas or or view top insider-buying stocks.

Shares of CTAS 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 $338.31.

Cintas has a market capitalization of $35.53 billion and generates $7.09 billion in revenue each year. The business services provider earns $876.04 million in net income (profit) each year or $8.11 on an earnings per share basis.

Cintas employs 40,000 workers across the globe.

The following companies are subsidiares of Cintas: 3057314 Nova Scotia Company, 3065520 Nova Scotia Company, 3305236 Nova Scotia Company, 912501 Ontario Inc., Alltex Uniform Rental Service LLC, CC Dutch Holding B.V., CC Dutch Shredding Holdco B.V., CC Dutch Storage B.V., CC Shredding Holdco LLC, CDS Equipment Holdings LLC, Cintas (Guangzhou) Enterprise Services Co. Ltd, Cintas (Suzhou) Enterprise Services Co. Ltd, Cintas (Tianjian) Enterprise Services Co. Ltd., Cintas Canada Limited, Cintas China Holding Limited, Cintas Cleanroom Resources de Mexico S.A. de C.V., Cintas Corporate Services Inc., Cintas Corporation No. 2, Cintas Corporation No. 3, Cintas Distribution LLC, Cintas Holdings LLC, Cintas Holland BV, Cintas Hospitality UK Limited, Cintas Manufacturing LLC, Cintas Netherlands Holdings B.V., Cintas Service Transportation LLC, Cintas de Honduras S.A., Document & Data Management Limited, Doritex, Empresa Cintas de Mexico S.A. de C.V., Ensambles de Coahuila S.A. de C.V., G&K Services Co. LLC, G&K Services Holdings LLC, G&K Services Inc, G&K Services LLC, Grand Rapids Coat & Apron Service LLC, Grupo Cintas de Mexico S.A. de C.V., Leef Bros. LLC, Metro Door, Rental Uniform Service of Somerset KY LLC, Sanitizer Supply LLC, Squirrel Storage Limited, Sudbury Mat Rental, The Millennium Mat Company LLC, Van Dyne Crotty, ZEE Medical, and Zee Medical Distributors LLC.

Cintas was founded in 1968.

The official website for Cintas is www.cintas.com.

Cintas is headquartered at 6800 CINTAS BOULEVARD; P O BOX 625737, CINCINNATI OH, 45262.

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]