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

Cintas declared that its board has approved a stock buyback program on Tuesday, October 29th 2019, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's leadership 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 the consensus estimate of $1.82 billion. Cintas had a return on equity of 30.04% and a net margin of 12.99%. The company's revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the company 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 earnings per share 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 Wall Street analysts have issued 12 month price targets for Cintas' stock. Their forecasts range from $225.00 to $308.00. On average, they anticipate 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.

News articles about CTAS stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing 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 news sentiment score of -2.2 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Cintas.

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

Cintas' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.07%), Commerzbank Aktiengesellschaft FI (0.06%), Nisa Investment Advisors LLC (0.04%), Welch & Forbes LLC (0.04%), Contravisory Investment Management Inc. (0.04%) and State of Alaska Department of Revenue (0.03%). 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 Assenagon Asset Management S.A., Artemis Investment Management LLP, Nisa Investment Advisors LLC, Tuttle Tactical Management, Tocqueville Asset Management L.P., Meag Munich Ergo Kapitalanlagegesellschaft MBH, IFG Advisors LLC and Private Trust Co. NA. 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, Janney Montgomery Scott LLC, Sciencast Management LP, Paragon Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank , Bath Savings Trust Co, Steward Partners Investment Advisory LLC and Lineweaver Wealth Advisors 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 $282.04.

Cintas has a market capitalization of $29.26 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]