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. Stockholders of record on Friday, November 8th will be paid 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 authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued.

Cintas Co. (NASDAQ:CTAS) announced its quarterly earnings results on Tuesday, December, 17th. The business services provider reported $2.27 EPS for the quarter, beating the consensus estimate of $2.03 by $0.24. The business services provider earned $1.84 billion during 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 for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.76 earnings per share. 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 EPS guidance of $8.65-8.75 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 12 month price targets 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 year. This suggests that the stock has a possible downside of 3.0%. 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.

Press coverage about CTAS stock has trended somewhat negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cintas earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Cintas.

Cintas saw a decline in short interest in December. As of December 31st, there was short interest totalling 3,040,000 shares, a decline of 10.1% from the December 15th total of 3,380,000 shares. Based on an average daily trading volume, of 552,200 shares, the days-to-cover ratio is presently 5.5 days. Currently, 3.7% of the shares of the stock 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), Abbott Laboratories (ABT), Walt Disney (DIS), Netflix (NFLX), Alibaba Group (BABA), Adobe (ADBE) and Home Depot (HD).

Cintas' stock is owned by a number of of institutional and retail investors. Top institutional investors include AMI Asset Management Corp (0.13%), State of Michigan Retirement System (0.10%), Assenagon Asset Management S.A. (0.07%), Mckinley Capital Management LLC Delaware (0.06%), Commerzbank Aktiengesellschaft FI (0.06%) and Asset Advisors Investment Management LLC (0.05%). 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, Nisa Investment Advisors LLC, Braun Stacey Associates Inc., Tuttle Tactical Management and Tocqueville Asset Management L.P.. 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 bought by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Ambassador Advisors LLC, Janney Montgomery Scott LLC, Sciencast Management LP, Paragon Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank , Exchange Traded Concepts LLC and Global Retirement Partners 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 $282.13.

Cintas has a market capitalization of $29.27 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]