Cintas (CTAS) Stock Price, News & Analysis

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CTAS shares.
View CTAS analyst ratings or view top-rated stocks.

14 brokers have issued 12 month target prices for Cintas' stock. Their CTAS share price targets range from $441.00 to $790.00. On average, they predict the company's stock price to reach $661.21 in the next year. This suggests that the stock has a possible downside of 4.6%.
View analysts price targets for CTAS or view top-rated stocks among Wall Street analysts.

Cintas' stock was trading at $602.66 at the beginning of the year. Since then, CTAS stock has increased by 15.0% and is now trading at $692.78.
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Cintas saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,450,000 shares, a decrease of 9.4% from the March 15th total of 1,600,000 shares. Based on an average daily volume of 344,700 shares, the days-to-cover ratio is presently 4.2 days. Currently, 1.7% of the shares of the stock are short sold.
View Cintas' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 11th 2024.
View our CTAS earnings forecast.

Cintas Co. (NASDAQ:CTAS) issued its earnings results on Wednesday, March, 27th. The business services provider reported $3.84 EPS for the quarter, topping the consensus estimate of $3.58 by $0.26. The business services provider earned $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. Cintas had a trailing twelve-month return on equity of 37.19% and a net margin of 15.98%. Cintas's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the business posted $3.14 earnings per share.
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Cintas announced a quarterly dividend on Tuesday, April 9th. Stockholders of record on Wednesday, May 15th will be given a dividend of $1.35 per share on Friday, June 14th. This represents a $5.40 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Tuesday, May 14th.
Read our dividend analysis for CTAS.

Cintas (NASDAQ:CTAS) pays an annual dividend of $5.40 per share and currently has a dividend yield of 0.80%. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 32.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTAS.

ETFs with the largest weight of Cintas (NASDAQ:CTAS) stock in their portfolio include Profound Medical (PRN), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Putnam Sustainable Future ETF (PFUT), Argent Mid Cap ETF (AMID), Logan Capital Broad Innovative Growth ETF (LCLG), Mohr Growth ETF (MOHR), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ).

Shares of Cintas split before market open on Thursday, September 12th 2024. The 4-1 split was announced on Thursday, May 2nd 2024. The newly created shares will be payable to shareholders after the market closes on Wednesday, September 11th 2024. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Cintas issued an update on its FY 2024 earnings guidance on Wednesday, March, 27th. The company provided earnings per share guidance of 14.800-15.000 for the period, compared to the consensus estimate of 14.600. The company issued revenue guidance of $9.6 billion-$9.6 billion, compared to the consensus revenue estimate of $9.6 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cintas investors own include Johnson & Johnson (JNJ), Mastercard (MA), Visa (V), AbbVie (ABBV), Walt Disney (DIS), Walmart (WMT), Home Depot (HD), NVIDIA (NVDA), Medtronic (MDT) and Netflix (NFLX).

Cintas' stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.80%), Nordea Investment Management AB (0.63%), Swiss National Bank (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), TimesSquare Capital Management LLC (0.20%) and Congress Asset Management Co. MA (0.19%). Insiders that own company stock include Gerald S Adolph, J Michael Hansen, Joseph Scaminace, Melanie W Barstad, Michael Lawrence Thompson, Thomas E Frooman and Todd M Schneider.
View institutional ownership trends.

Shares of CTAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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