NASDAQ:CTAS - Cintas Stock Price, Forecast & News

Cintas trades on the NASDAQ under the ticker symbol "CTAS."

Cintas declared an annual dividend on Tuesday, October 29th. Shareholders 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 announced that its Board of Directors has initiated a share 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 reacquire up to 3.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

Cintas Co. (NASDAQ:CTAS) posted its quarterly earnings data on Tuesday, December, 17th. The business services provider reported $2.27 earnings per share for the quarter, topping the Zacks' 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 company's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $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 earnings per share 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 12-month price objectives for Cintas' shares. Their forecasts range from $225.00 to $308.00. On average, they anticipate Cintas' share price to reach $273.60 in the next twelve months. This suggests that the stock has a possible downside of 4.2%. 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 been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cintas earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the stock's share price in the immediate future. View News Stories for Cintas.

Cintas saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 3,040,000 shares, a drop of 10.1% from the December 31st total of 3,380,000 shares. Based on an average trading volume of 548,200 shares, the short-interest ratio is currently 5.5 days. Approximately 3.7% of the shares of the company are sold short. 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), Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), Abbott Laboratories (ABT), Alibaba Group (BABA) and UnitedHealth Group (UNH).

Cintas' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.72%), FMR LLC (3.26%), Franklin Resources Inc. (1.67%), Geode Capital Management LLC (1.50%), Goldman Sachs Group Inc. (1.13%) and Fred Alger Management LLC (0.70%). 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 Renaissance Technologies LLC, Fred Alger Management LLC, State of Michigan Retirement System, Credit Suisse AG, Janus Henderson Group PLC, Jennison Associates LLC, Cubist Systematic Strategies LLC and Assenagon Asset Management S.A.. Company insiders that have sold Cintas company stock in the last year include Joseph Scaminace, Michael Lawrence Thompson and Thomas E Frooman. View Insider Buying and Selling for Cintas.

CTAS stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Geode Capital Management LLC, Findlay Park Partners LLP, FMR LLC, AXA, MUFG Securities EMEA plc, UBS Group AG and BNP PARIBAS ASSET MANAGEMENT Holding S.A.. 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 $285.69.

Cintas has a market capitalization of $29.64 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]