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. 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 is Thursday, November 7th. View Cintas' Dividend History.

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

Cintas Co. (NASDAQ:CTAS) posted its quarterly earnings results on Tuesday, December, 17th. The business services provider reported $2.27 earnings per share for the quarter, beating analysts' consensus estimates of $2.03 by $0.24. The business services provider earned $1.84 billion during the quarter, compared to analyst estimates of $1.82 billion. Cintas had a net margin of 12.99% and a return on equity of 30.04%. Cintas's revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 issued an update on 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 twelve-month target prices for Cintas' shares. Their forecasts range from $225.00 to $308.00. On average, they expect Cintas' share price to reach $273.60 in the next year. This suggests that the stock has a possible downside of 5.1%. 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 neutral on Monday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cintas earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Cintas.

Cintas saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 3,040,000 shares, a decline of 10.1% from the December 31st total of 3,380,000 shares. Based on an average trading volume of 548,200 shares, the days-to-cover ratio is currently 5.5 days. Approximately 3.7% of the shares of the stock are short sold. 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 bought 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 $288.16.

Cintas has a market capitalization of $29.90 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]