Cinemark (CNK) to Release Quarterly Earnings on Friday

Cinemark (NYSE:CNK - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Friday, August 1st. Analysts expect Cinemark to post earnings of $0.82 per share and revenue of $942.14 million for the quarter.

Cinemark (NYSE:CNK - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.32). Cinemark had a return on equity of 51.68% and a net margin of 8.17%. The business had revenue of $540.70 million during the quarter, compared to analysts' expectations of $604.62 million. During the same period in the prior year, the firm posted $0.19 EPS. The business's quarterly revenue was down 6.6% compared to the same quarter last year. On average, analysts expect Cinemark to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cinemark Stock Performance

Shares of Cinemark stock traded down $0.81 on Monday, hitting $28.23. The stock had a trading volume of 4,287,880 shares, compared to its average volume of 4,052,574. Cinemark has a 52-week low of $22.00 and a 52-week high of $36.28. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 5.53. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 18.57, a P/E/G ratio of 2.47 and a beta of 1.88. The company's 50 day moving average price is $31.10 and its 200 day moving average price is $29.12.

Cinemark Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Thursday, May 29th. Cinemark's payout ratio is currently 21.05%.

Wall Street Analysts Forecast Growth

CNK has been the subject of several research reports. Benchmark reissued a "buy" rating and issued a $35.00 target price on shares of Cinemark in a report on Wednesday, July 2nd. JPMorgan Chase & Co. boosted their target price on Cinemark from $34.00 to $35.00 and gave the company an "overweight" rating in a report on Monday, May 5th. Barrington Research reissued an "outperform" rating and issued a $36.00 target price on shares of Cinemark in a report on Monday, May 5th. Wedbush raised Cinemark from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $32.00 to $37.00 in a report on Friday, July 11th. Finally, Roth Capital reduced their target price on Cinemark from $36.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.00.

Insider Buying and Selling at Cinemark

In other Cinemark news, EVP Melissa Thomas sold 7,200 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $31.43, for a total transaction of $226,296.00. Following the completion of the sale, the executive vice president directly owned 210,968 shares of the company's stock, valued at $6,630,724.24. This represents a 3.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Valmir Fernandes sold 25,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $33.01, for a total value of $825,250.00. Following the transaction, the insider owned 130,612 shares in the company, valued at $4,311,502.12. The trade was a 16.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 84,724 shares of company stock valued at $2,724,435 in the last ninety days. Insiders own 2.30% of the company's stock.

Hedge Funds Weigh In On Cinemark

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC acquired a new position in Cinemark during the 1st quarter worth approximately $372,000. Woodline Partners LP purchased a new position in Cinemark during the first quarter worth $570,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Cinemark by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,699 shares of the company's stock worth $1,635,000 after buying an additional 2,872 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Cinemark by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 345,258 shares of the company's stock worth $8,593,000 after buying an additional 25,490 shares in the last quarter.

About Cinemark

Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. As of February 16, 2024, it operated 501 theatres with 5,719 screens in 42 states and 13 countries in South and Central America. Cinemark Holdings, Inc was founded in 1984 and is headquartered in Plano, Texas.