Cintas - CTAS Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTAS shares.
View CTAS analyst ratings or view top-rated stocks.

7 equities research analysts have issued 1-year price targets for Cintas' stock. Their CTAS share price forecasts range from $401.00 to $530.00. On average, they expect the company's stock price to reach $476.10 in the next twelve months. This suggests a possible upside of 7.5% 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 $451.62 at the beginning of 2023. Since then, CTAS shares have decreased by 1.9% and is now trading at $443.07.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 22nd 2023.
View our CTAS earnings forecast.

Cintas Co. (NASDAQ:CTAS) posted its quarterly earnings results on Wednesday, December, 21st. The business services provider reported $3.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.03 by $0.09. The business services provider earned $2.17 billion during the quarter, compared to analyst estimates of $2.13 billion. Cintas had a net margin of 15.35% and a trailing twelve-month return on equity of 37.89%. The firm's quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.76 earnings per share.

Cintas announced a quarterly dividend on Tuesday, January 10th. Investors of record on Wednesday, February 15th will be paid a dividend of $1.15 per share on Wednesday, March 15th. This represents a $4.60 annualized dividend and a yield of 1.04%. The ex-dividend date is Tuesday, February 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 1.04%. The company has been increasing its dividend for 39 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 32.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTAS.

Cintas updated its FY 2023 earnings guidance on Wednesday, December, 21st. The company provided earnings per share (EPS) guidance of $12.50-$12.80 for the period, compared to the consensus earnings per share estimate of $12.58. The company issued revenue guidance of $8.67 billion-$8.75 billion, compared to the consensus revenue estimate of $8.63 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 a number of retail and institutional investors. Top institutional investors include Fort Washington Investment Advisors Inc. OH (1.05%), ProShare Advisors LLC (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Findlay Park Partners LLP (0.19%), Los Angeles Capital Management LLC (0.16%) and Strs Ohio (0.15%). 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 $443.07.

Cintas (NASDAQ:CTAS) has a market capitalization of $45.02 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 $12.29 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.