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 given a dividend of $2.55 per share on Friday, December 6th. The ex-dividend date is Thursday, November 7th. View Cintas' Dividend History.

Cintas announced that its board has approved a stock repurchase program on Tuesday, October 29th 2019, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Cintas Co. (NASDAQ:CTAS) released its earnings results on Tuesday, December, 17th. The business services provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.24. The business services provider had revenue of $1.84 billion for 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 for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.76 earnings per share. 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 updated 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 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 equities research analysts have issued 12-month price targets for Cintas' stock. Their forecasts range from $225.00 to $308.00. On average, they expect Cintas' stock price to reach $273.60 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. 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.

Media coverage about CTAS stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cintas earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Cintas.

Cintas saw a decrease in short interest in 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 daily volume of 552,200 shares, the short-interest ratio is presently 5.5 days. Currently, 3.7% of the company's shares 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), Adobe (ADBE), Abbott Laboratories (ABT), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX) and salesforce.com (CRM).

Cintas' stock is owned by a variety of of institutional and retail 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, Private Trust Co. NA and Huntington National Bank. 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 acquired by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Sciencast Management LP, Paragon Advisors LLC, Bath Savings Trust Co, Steward Partners Investment Advisory LLC, Lineweaver Wealth Advisors LLC, F3Logic LLC and Diversified Trust Co. 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 $284.23.

Cintas has a market capitalization of $29.49 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]