Cintas Corporation Company Profile (NASDAQ:CTAS)

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

Cintas Corporation declared an annual dividend on Wednesday, October 19th. Investors of record on Friday, November 4th will be given a dividend of $1.33 per share on Friday, December 2nd. This represents a dividend yield of 1.23%. The ex-dividend date of this dividend is Wednesday, November 2nd. This is a positive change from Cintas Corporation's previous annual dividend of $1.05. View Cintas Corporation's Dividend History.

Cintas Corporation (NASDAQ:CTAS) released its quarterly earnings data on Thursday, July, 20th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by $0.30. The firm earned $1.53 billion during the quarter, compared to analysts' expectations of $1.53 billion. Cintas Corporation had a return on equity of 23.38% and a net margin of 8.90%. Cintas Corporation's revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period last year, the firm earned $1.08 earnings per share. View Cintas Corporation's Earnings History.

Cintas Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, September, 26th 2017. View Earnings Estimates for Cintas Corporation.

12 equities research analysts have issued 12 month price targets for Cintas Corporation's shares. Their forecasts range from $117.00 to $152.00. On average, they expect Cintas Corporation's share price to reach $133.78 in the next year. View Analyst Ratings for Cintas Corporation.

Here are some recent quotes from research analysts about Cintas Corporation stock:

• 1. According to Zacks Investment Research, "Cintas aims to continually achieve revenue build-up by increasing penetration levels at existing customers and broadening the customer base. The synergies from the combined operations post G&K Services’ acquisition are further expected to yield $130 million to $140 million in cost savings from the fourth year of its operation and the transaction is anticipated to be accretive to Cintas’ earnings. Over the years, the company has consistently returned significant cash to its shareholders through dividends and share repurchases. The company’s investment strategy takes a holistic view of the rapidly evolving market and deploys a dynamic capital allocation approach to focus on the relative value of the various sectors within the broader industry. Cintas has also outperformed the industry year to date. However, volatility in raw material prices and third-party supply constraints remain potential headwinds for the company." (8/24/2017)
• 2. Robert W. Baird analysts commented, "Great execution improves confidence in the long-term trajectory. Another excellent quarter of execution saw organic growth rates strengthen sequentially with CTAS firing on all cylinders in an environment that remains conducive for new business wins, arguably modestly improved. Focus now shifts to GK integration with long-term synergy targets/timeline unchanged and management cognizant of need to maintain service quality to achieve. Recent GK close "bump" and expected strength tomorrow leaves less incremental near-term opportunity though conviction in the long-term preserves our rating." (3/23/2017)
• 3. Piper Jaffray Companies analysts commented, "Cintas reported a healthy F3Q print, with the most significant development being the successful close of the $2.2B G&K acquisition on 3/21 following recent regulatory approval. We believe the transaction is highly strategic, and will lead to meaningful cost synergies and long-term margin expansion from improved utilization of GK's processing facilities, with incremental cross-selling opportunity of CTAS' diversified solutions into GK's customer base. We believe the improved long-term operating margin outlook for CTAS is balanced by near-term EPS dilution from deal amortization and additional anticipated SAP implementation costs." (3/23/2017)
• 4. Deutsche Bank AG analysts commented, "Market conditions aside, we don't have a great view for how the CTAS stock reacts tomorrow as the market discounts revenue + EPS of $1,281m + $1.11 that was mixed compared to DBe/Street of $1,296m/$1,280m + $1.05/$1.07 coupled with the company unexpectedly pulling its guidance for the balance of FY-2017 after closing its previously announced'August-16'$2.2b acquisition of GK yesterday. While Cintas continues to see annualized expense synergies of $130m-$140m the fourth full year following the deal, the integration process needed to achieve the annual synergies will result in certain non-recurring costs. In addition, Cintas hasn't completed its purchase accounting, including certain third-party valuations, which may significantly impact future results. While Cintas has estimated integration costs + its purchase price accounting from its due diligence, it has to confirm these assumptions. That said, we nudge our FY 2017E EPS to $4.63 up from $4.60 due to FQ3 outperformance + offer $4.90 FY18E. IMPORTANTLY, these estimates don't factor GK operations + synergies. We maintain our Hold, but nudge our PT to $125 up from $120." (3/23/2017)

Some companies that are related to Cintas Corporation include Vantiv (VNTV), Alliance Data Systems Corporation (ADS), United Rentals (URI), Intertek Group plc (ITRK), ServiceMaster Global Holdings (SERV), Genpact Limited (G), Rentokil Initial plc (RTO), G4S plc (GFS), Capita PLC (CPI), Maximus (MMS), Brink's Company (The) (BCO), Ritchie Bros. Auctioneers Incorporated (RBA), Unifirst Corporation (UNF), WageWorks (WAGE), Aggreko plc (AGK), The Advisory Board Company (ABCO), Berendsen PLC (BRSN) and Nelnet (NNI).

Cintas Corporation's management team includes the folowing people:

• Scott D. Farmer, Chairman of the Board, Chief Executive Officer
• James Phillip Holloman, President, Chief Operating Officer
• J. Michael Hansen, Chief Financial Officer, Vice President - Finance
• Thomas E. Frooman, Senior Vice President, General Counsel, Secretary
• Paul Adler, Vice President, Treasurer
• Richard T. Farmer, Chairman Emeritus of the Board
• Joseph M. Scaminace, Lead Independent Director
• Gerald S. Adolph, Independent Director
• John F. Barrett, Independent Director
• Melanie W. Barstad, Independent Director

Cintas Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.79%), BlackRock Inc. (6.27%), State Street Corp (4.42%), First Eagle Investment Management LLC (3.69%), Franklin Resources Inc. (1.71%) and FMR LLC (1.62%). Company insiders that own Cintas Corporation stock include Gerald S Adolph, J Michael Hansen, James Phillip Holloman, Paul F Adler, Ronald W Tysoe and Thomas E Frooman. View Institutional Ownership Trends for Cintas Corporation.

Cintas Corporation's stock was sold by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., State Street Corp, JPMorgan Chase & Co., NN Investment Partners Holdings N.V., Wells Fargo & Company MN, Robeco Institutional Asset Management B.V., BNP Paribas Arbitrage SA and Pictet Asset Management Ltd.. Company insiders that have sold Cintas Corporation stock in the last year include Gerald S Adolph, J Michael Hansen, Paul F Adler and Thomas E Frooman. View Insider Buying and Selling for Cintas Corporation.

Cintas Corporation's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, FMR LLC, Renaissance Technologies LLC, Harbour Capital Advisors LLC, Vanguard Group Inc., BlackRock Inc., Lionstone Capital Management LLC and black and white Capital LP. View Insider Buying and Selling for Cintas Corporation.

Shares of Cintas Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Cintas Corporation stock can currently be purchased for approximately $134.75.