Cintas Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cintas stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTAS, but not buy additional shares or sell existing shares.
View analyst ratings for Cintas or view top-rated stocks.

Wall Street analysts have given Cintas a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cintas wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Cintas is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) issued its earnings results on Tuesday, March, 16th. The business services provider reported $2.37 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.22 by $0.15. The business services provider had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.76 billion. Cintas had a net margin of 13.90% and a trailing twelve-month return on equity of 28.02%. The firm's revenue for the quarter was down 1.9% on a year-over-year basis. During the same period last year, the company earned $2.16 earnings per share.
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 41.8% and is now trading at $355.17.
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Cintas announced a quarterly dividend on Tuesday, January 19th. Stockholders of record on Monday, February 15th will be given a dividend of $0.75 per share on Monday, March 15th. This represents a $3.00 annualized dividend and a yield of 0.84%. The ex-dividend date is Thursday, February 11th. This is an increase from Cintas's previous quarterly dividend of $0.70.
View Cintas' dividend history.

Cintas pays an annual dividend of $3.00 per share and currently has a dividend yield of 0.85%. The dividend payout ratio of Cintas is 36.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cintas will have a dividend payout ratio of 30.33% next year. This indicates that Cintas will be able to sustain or increase its dividend.
View Cintas' dividend history.

Cintas announced that its Board of Directors has approved a stock buyback plan on Tuesday, October 29th 2019, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

Cintas updated its fourth quarter 2021 Pre-Market earnings guidance on Wednesday, March, 17th. The company provided earnings per share (EPS) guidance of 2.20-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.18. The company issued revenue guidance of $1.8-1.83 billion, compared to the consensus revenue estimate of $1.8 billion.

11 brokerages have issued twelve-month price targets for Cintas' stock. Their forecasts range from $205.00 to $405.00. On average, they expect Cintas' stock price to reach $341.00 in the next year. This suggests that the stock has a possible downside of 4.0%.
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Some companies that are related to Cintas include Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), 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 a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.05%), First American Bank (0.03%), Carnegie Capital Asset Management LLC (0.01%), Park National Corp OH (0.01%), Pacer Advisors Inc. (0.01%) and Private Trust Co. NA (0.01%). 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 First Financial Bank Trust Division, State of Alaska Department of Revenue, Private Trust Co. NA, Veracity Capital LLC, Smith Shellnut Wilson LLC ADV, Carnegie Capital Asset Management LLC, Valeo Financial Advisors LLC, and Pacer Advisors Inc.. Company insiders that have sold Cintas company stock in the last year include J Michael Hansen, Joseph Scaminace, Michael Lawrence Thompson, and Ronald W Tysoe.
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 Park National Corp OH, Harbour Capital Advisors LLC, First American Bank, NuWave Investment Management LLC, First Hawaiian Bank, Paragon Advisors LLC, Fulton Bank N.A., and Bath Savings Trust Co.
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 $355.17.

Cintas has a market capitalization of $37.30 billion and generates $7.09 billion in revenue each year. The business services provider earns $876.04 million in net income (profit) each year or $8.11 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, 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., Document & Data Management Limited, Doritex, 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 Inc, 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, 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]