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. Shareholders of record on Friday, November 8th will be given a dividend of $2.55 per share on Friday, December 6th. The ex-dividend date of this dividend 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 permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 3.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

Cintas Co. (NASDAQ:CTAS) issued its earnings results on Tuesday, December, 17th. The business services provider reported $2.27 earnings per share (EPS) 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 return on equity of 30.04% and a net margin of 12.99%. Cintas's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm 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 earnings per share 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 brokerages have issued 1-year target prices for Cintas' stock. Their forecasts range from $225.00 to $308.00. On average, they anticipate Cintas' share price to reach $273.60 in the next twelve months. This suggests that the stock has a possible downside of 10.1%. 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 stories about CTAS stock have trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cintas earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned news 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 immediate future. View News Stories for Cintas.

Cintas saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 3,040,000 shares, a drop of 10.1% from the December 31st total of 3,380,000 shares. Based on an average daily trading volume, of 548,200 shares, the short-interest ratio is currently 5.5 days. Approximately 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), Walt Disney (DIS), Abbott Laboratories (ABT), Adobe (ADBE), Netflix (NFLX), Alibaba Group (BABA) and UnitedHealth Group (UNH).

Cintas' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (3.72%), FMR LLC (3.26%), Franklin Resources Inc. (1.67%), Goldman Sachs Group Inc. (1.13%), Fred Alger Management LLC (0.70%) and Bank of New York Mellon Corp (0.62%). 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 Renaissance Technologies LLC, Fred Alger Management LLC, State of Michigan Retirement System, Credit Suisse AG, Janus Henderson Group PLC, Jennison Associates LLC, Cubist Systematic Strategies LLC and Assenagon Asset Management S.A.. Company insiders that have sold Cintas company stock in the last year include Joseph Scaminace, Michael Lawrence Thompson 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 Goldman Sachs Group Inc., Findlay Park Partners LLP, FMR LLC, AXA, MUFG Securities EMEA plc, UBS Group AG, BNP PARIBAS ASSET MANAGEMENT Holding S.A. and ProShare 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 $304.26.

Cintas has a market capitalization of $31.57 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]