NASDAQ:CTASCintas Stock Price, Forecast & News

Cintas' stock was trading at $250.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CTAS shares have increased by 8.3% and is now trading at $271.31. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cintas.

Cintas is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) announced its quarterly earnings data on Thursday, March, 19th. The business services provider reported $2.16 EPS for the quarter, topping analysts' consensus estimates of $2.02 by $0.14. The business services provider had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.80 billion. Cintas had a return on equity of 30.73% and a net margin of 13.19%. The firm's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.84 EPS. View Cintas' earnings history.

Cintas announced an annual dividend on Tuesday, October 29th. Investors 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 declared that its Board of Directors has initiated a share buyback program on Tuesday, October 29th 2019, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

11 Wall Street analysts have issued 12 month target prices for Cintas' stock. Their forecasts range from $160.00 to $318.00. On average, they expect Cintas' share price to reach $243.80 in the next year. This suggests that the stock has a possible downside of 10.1%. View analysts' price targets for Cintas.

Media coverage about CTAS stock has been trending negative on Wednesday, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cintas earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines 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 effect on the stock's share price in the next few days. View the latest news about Cintas.

Cintas saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,040,000 shares, an increase of 14.6% from the June 15th total of 1,780,000 shares. Based on an average daily trading volume, of 878,200 shares, the short-interest ratio is currently 2.3 days. Currently, 2.3% 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), Mobile Mini (MINI), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cintas investors own include Visa (V), Mastercard (MA), Johnson & Johnson (JNJ), NVIDIA (NVDA), Home Depot (HD), Walt Disney (DIS), Adobe (ADBE), Alibaba Group (BABA), 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 Envestnet Asset Management Inc. (0.10%), State of Alaska Department of Revenue (0.04%), Robecosam AG (0.03%), DNB Asset Management AS (0.01%), First Financial Bank Trust Division (0.01%) and Private Trust Co. NA (0.01%). Company insiders that own Cintas stock include 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 Robecosam AG. Company insiders that have sold Cintas company stock in the last year include Michael Lawrence Thompson, and Thomas E Frooman. View insider buying and selling activity for Cintas.

CTAS stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Private Trust Co. NA, State of Alaska Department of Revenue, Fulton Bank N. A., Municipal Employees Retirement System of Michigan, First Financial Bank Trust Division, First American Trust FSB, and Diversified Trust Co. View insider buying and selling activity 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 $271.31.

Cintas has a market capitalization of $28.23 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.

The official website for Cintas is 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]