Cintas Corporation (CTAS) To Go Ex-Dividend on February 13th

Cintas Corporation (NASDAQ:CTAS) announced a quarterly dividend on Tuesday, January 20th. Stockholders of record on Friday, February 13th will be paid a dividend of 0.45 per share by the business services provider on Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, February 13th.

Cintas has increased its dividend by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 42 consecutive years. Cintas has a payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Cintas to earn $4.77 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 37.7%.

Cintas Stock Performance

Shares of CTAS stock opened at $195.41 on Thursday. The stock’s 50-day moving average price is $187.96 and its 200 day moving average price is $199.39. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $78.14 billion, a PE ratio of 56.97, a price-to-earnings-growth ratio of 3.32 and a beta of 0.97. Cintas has a 52-week low of $180.39 and a 52-week high of $229.24.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, topping the consensus estimate of $1.20 by $0.01. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The business had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the prior year, the business earned $1.09 earnings per share. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, equities research analysts forecast that Cintas will post 4.31 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on CTAS shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Cintas in a report on Monday, December 29th. Redburn Partners set a $184.00 target price on Cintas in a research note on Tuesday, November 11th. Rothschild Redb upgraded Cintas from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Sanford C. Bernstein initiated coverage on Cintas in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 price objective for the company. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $206.00 target price on shares of Cintas in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $214.86.

Cintas Company Profile

Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.

Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.