Cintas (CTAS) News Today

Cintas Co. (NASDAQ:CTAS) announced a quarterly dividend on Tuesday, July 23rd. Shareholders of record on Thursday, August 15th will be paid a dividend of 1.56 per share by the business services provider on Tuesday, September 3rd. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.83%. This is a positive change from Cintas's previous quarterly dividend of $1.35.

Baird R W lowered shares of Cintas from a "strong-buy" rating to a "hold" rating in a research report on Friday.

Robert W. Baird reiterated a "neutral" rating and issued a $775.00 price target (up previously from $750.00) on shares of Cintas in a research report on Friday.

Cintas had another solid quarter, driving value for shareholders and sending its stock to new highs. The trends are strong and can send this stock even higher.

Cintas (NASDAQ:CTAS) updated its FY 2025 earnings guidance. The company provided EPS guidance of 16.250-16.750 for the period, compared to the consensus estimate of 16.430. The company also issued revenue guidance of $10.2 billionillion-$10.3 billionillion, compared to the consensus estimate of $10.3 billionillion.

Cintas (NASDAQ:CTAS) Sets New 12-Month High After Earnings Beat

Cintas (NASDAQ:CTAS - Get Free Report) posted its quarterly earnings data on Thursday. The business services provider reported $3.99 earnings per share for the quarter, beating the consensus estimate of $3.79 by $0.20. The business had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.47 billion. Cintas had a return on equity of 37.19% and a net margin of 15.98%. The company's revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $3.33 earnings per share.

Cintas Co. (NASDAQ:CTAS - Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 1,730,000 shares, an increase of 6.8% from the June 15th total of 1,620,000 shares. Based on an average daily trading volume, of 384,700 shares, the short-interest ratio is currently 4.5 days. Approximately 2.0% of the company's shares are sold short.

Royal Bank of Canada lowered Cintas from an "outperform" rating to a "sector perform" rating and set a $725.00 price objective for the company. in a report on Monday.

Cintas (NASDAQ:CTAS) Reaches New 52-Week High at $721.40

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