Cintas Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cintas stock.
View analyst ratings for Cintas or view top-rated stocks.

Wall Street analysts have given Cintas a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cintas wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Cintas saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,280,000 shares, an increase of 23.1% from the June 15th total of 1,040,000 shares. Based on an average trading volume of 371,300 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.4% of the shares of the stock are sold short.
View Cintas' Short Interest.

Cintas is scheduled to release its next quarterly earnings announcement on Wednesday, September 22nd 2021.
View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) announced its earnings results on Wednesday, July, 14th. The business services provider reported $2.47 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.30 by $0.17. The business services provider earned $1.84 billion during the quarter, compared to analysts' expectations of $1.82 billion. Cintas had a net margin of 15.61% and a trailing twelve-month return on equity of 30.22%. Cintas's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.35 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. Since then, CTAS shares have increased by 55.9% and is now trading at $390.42.
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Cintas declared a quarterly dividend on Tuesday, July 27th. Shareholders of record on Friday, August 13th will be given a dividend of $0.95 per share on Wednesday, September 15th. This represents a $3.80 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, August 12th. This is a boost from Cintas's previous quarterly dividend of $0.75.
View Cintas' dividend history.

Cintas pays an annual dividend of $3.00 per share and currently has a dividend yield of 0.76%. Cintas has been increasing its dividend for 37 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Cintas is 29.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cintas will have a dividend payout ratio of 25.40% next year. This indicates that Cintas will be able to sustain or increase its dividend.
View Cintas' dividend history.

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

Cintas issued an update on its FY 2022 earnings guidance on Thursday, July, 29th. The company provided EPS guidance of $10.350-$10.750 for the period, compared to the Thomson Reuters consensus estimate of $10.250. The company issued revenue guidance of $7.53 billion-$7.63 billion, compared to the consensus revenue estimate of $7.66 billion.

12 brokers have issued twelve-month price objectives for Cintas' shares. Their forecasts range from $353.00 to $425.00. On average, they expect Cintas' share price to reach $395.44 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price.
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), KAR Auction Services (KAR), Healthcare Services Group (HCSG), 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 institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.52%), Alliancebernstein L.P. (0.13%), New York State Common Retirement Fund (0.13%), Victory Capital Management Inc. (0.10%), Asset Advisors Investment Management LLC (0.05%) and State of Alaska Department of Revenue (0.05%). 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 New York State Common Retirement Fund, Sumitomo Mitsui Trust Holdings Inc., Zurcher Kantonalbank Zurich Cantonalbank , PGGM Investments, Red Cedar Investment Management LLC, HWG Holdings LP, State of Alaska Department of Revenue, and Welch & Forbes LLC. Company insiders that have sold Cintas company stock in the last year include J Michael Hansen, Joseph Scaminace, Michael Lawrence Thompson, Ronald W Tysoe, and Thomas E Frooman.
View insider buying and selling activity for Cintas or view top insider-selling stocks.

CTAS stock was purchased by a variety of institutional investors in the last quarter, including Montag A & Associates Inc., Breiter Capital Management Inc., Asset Management One Co. Ltd., Dakota Wealth Management, Sumitomo Mitsui DS Asset Management Company Ltd, CBOE Vest Financial LLC, Oregon Public Employees Retirement Fund, and IFM Investors Pty Ltd.
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 $390.42.

Cintas has a market capitalization of $40.20 billion and generates $7.12 billion in revenue each year. The business services provider earns $1.11 billion in net income (profit) each year or $10.24 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, Beacon Fire And Safety, 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., Code Shred, Document & Data Management Limited, 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 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, Unitog, 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]