Cinemark (CNK) Projected to Post Earnings on Friday

Cinemark (NYSE:CNK - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $604.62 million for the quarter.

Cinemark (NYSE:CNK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06). The company had revenue of $814.30 million for the quarter, compared to the consensus estimate of $797.18 million. Cinemark had a net margin of 10.16% and a return on equity of 65.83%. The company's quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.15) earnings per share. On average, analysts expect Cinemark to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cinemark Price Performance

NYSE:CNK traded up $0.10 during mid-day trading on Wednesday, hitting $29.87. 3,450,587 shares of the stock traded hands, compared to its average volume of 2,978,813. Cinemark has a 12-month low of $16.32 and a 12-month high of $36.28. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 3.28. The company has a market cap of $3.52 billion, a PE ratio of 14.71 and a beta of 2.07. The business's 50-day moving average price is $26.22 and its 200 day moving average price is $29.30.

Cinemark Dividend Announcement

The company also recently declared a -- dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, March 5th. Cinemark's dividend payout ratio (DPR) is currently 15.76%.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Morgan Stanley reduced their target price on Cinemark from $40.00 to $35.00 and set an "overweight" rating for the company in a research report on Thursday, February 20th. JPMorgan Chase & Co. upgraded shares of Cinemark from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $30.00 to $34.00 in a research report on Friday, April 11th. Barrington Research reiterated an "outperform" rating and set a $40.00 target price on shares of Cinemark in a research report on Wednesday, February 19th. Wells Fargo & Company decreased their price target on shares of Cinemark from $38.00 to $36.00 and set an "overweight" rating on the stock in a report on Wednesday, January 29th. Finally, Benchmark dropped their price objective on shares of Cinemark from $40.00 to $35.00 and set a "buy" rating for the company in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $33.10.

Insider Activity at Cinemark

In other Cinemark news, insider Wanda Marie Gierhart sold 9,119 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $27.00, for a total transaction of $246,213.00. Following the completion of the sale, the insider now owns 147,414 shares of the company's stock, valued at $3,980,178. This represents a 5.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.30% of the stock is currently owned by company insiders.

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.