Cintas - CTAS Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CTAS shares.
View CTAS analyst ratings or view top-rated stocks.

9 brokerages have issued 12 month price objectives for Cintas' shares. Their CTAS share price forecasts range from $373.00 to $525.00. On average, they anticipate the company's share price to reach $448.20 in the next twelve months. This suggests a possible upside of 0.1% 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 $443.17 at the beginning of 2022. Since then, CTAS shares have increased by 1.1% and is now trading at $447.97.
View the best growth stocks for 2022 here.

Cintas saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,260,000 shares, an increase of 8.6% from the October 31st total of 1,160,000 shares. Based on an average daily trading volume, of 435,100 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.5% of the shares of the company are sold short.
View Cintas' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 28th 2022.
View our CTAS earnings forecast.

Cintas Co. (NASDAQ:CTAS) issued its earnings results on Wednesday, September, 28th. The business services provider reported $3.39 earnings per share for the quarter, beating analysts' consensus estimates of $3.13 by $0.26. The business services provider had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.08 billion. Cintas had a net margin of 15.46% and a trailing twelve-month return on equity of 36.63%. The company's quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company posted $3.11 earnings per share.
Read the conference call transcript.

Cintas announced a quarterly dividend on Tuesday, October 25th. Investors of record on Tuesday, November 15th will be paid a dividend of $1.15 per share on Thursday, December 15th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Monday, November 14th.
Read our dividend analysis for CTAS.

Cintas (NASDAQ:CTAS) pays an annual dividend of $4.60 per share and currently has a dividend yield of 1.01%. The company has been increasing its dividend for 38 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 33.48% 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 2023 earnings guidance on Monday, October, 24th. The company provided EPS guidance of $12.30-$12.65 for the period, compared to the consensus estimate of $12.27. The company issued revenue guidance of $8.58 billion-$8.67 billion, compared to the consensus revenue estimate of $8.50 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.81%), BlackRock Inc. (7.46%), State Street Corp (3.71%), Price T Rowe Associates Inc. MD (1.37%), Brown Advisory Inc. (1.16%) and Royal Bank of Canada (1.06%). Insiders that own company stock include J Michael Hansen, Joseph Scaminace, Melanie W Barstad, Michael Lawrence Thompson, Ronald W Tysoe, 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.
Compare Top Brokerages Here.

One share of CTAS stock can currently be purchased for approximately $447.97.

Cintas (NASDAQ:CTAS) has a market capitalization of $45.49 billion and generates $7.85 billion in revenue each year. The business services provider earns $1.24 billion in net income (profit) each year or $11.93 on an earnings per share basis.

The company employs 43,000 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.