Should I buy or sell Cinemark stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CNK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNK, but not buy additional shares or sell existing shares. View CNK analyst ratings or view top-rated stocks .

What is Cinemark's stock price target for 2024?

9 brokerages have issued 1 year target prices for Cinemark's shares. Their CNK share price targets range from $12.00 to $24.00. On average, they anticipate the company's stock price to reach $20.33 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View analysts price targets for CNK or view top-rated stocks among Wall Street analysts .

How have CNK shares performed in 2024?

Cinemark's stock was trading at $14.09 at the beginning of the year. Since then, CNK shares have increased by 23.3% and is now trading at $17.38. View the best growth stocks for 2024 here .

Are investors shorting Cinemark?

Cinemark saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 29,650,000 shares, an increase of 6.2% from the March 31st total of 27,920,000 shares. Based on an average daily volume of 3,160,000 shares, the short-interest ratio is currently 9.4 days. Approximately 27.3% of the shares of the company are short sold. View Cinemark's Short Interest .

When is Cinemark's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024. View our CNK earnings forecast .

How were Cinemark's earnings last quarter?

Cinemark Holdings, Inc. (NYSE:CNK) posted its quarterly earnings results on Thursday, May, 2nd. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.40. The firm had revenue of $579 million for the quarter, compared to the consensus estimate of $561.91 million. Cinemark had a trailing twelve-month return on equity of 69.48% and a net margin of 7.12%. The company's revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.03) EPS.

Is Cinemark a good dividend stock?

Cinemark (NYSE:CNK) pays an annual dividend of $1.44 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 99.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CNK will have a dividend payout ratio of 91.14% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for CNK .

What ETFs hold Cinemark's stock?

ETFs with the largest weight of Cinemark (NYSE:CNK) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) , Invesco Leisure and Entertainment ETF (PEJ) , Invesco S&P SmallCap 600 Pure Growth ETF (RZG) , SPDR S&P 600 Small Cap ETF (SLY) and IQ Chaikin U.S. Small Cap ETF (CSML) . Fidelity MSCI Communication Services Index ETF (FCOM) .

What is Mark Zoradi's approval rating as Cinemark's CEO?

295 employees have rated Cinemark Chief Executive Officer Mark Zoradi on Glassdoor.com . Mark Zoradi has an approval rating of 73% among the company's employees.

What other stocks do shareholders of Cinemark own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cinemark investors own include Pfizer (PFE) , Carnival Co. & (CCL) , AT&T (T) , Wells Fargo & Company (WFC) , AMC Entertainment (AMC) , Southwest Airlines (LUV) , Tesla (TSLA) , Exxon Mobil (XOM) , Delta Air Lines (DAL) and Intel (INTC) .

Who are Cinemark's major shareholders?

Cinemark's stock is owned by a number of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (1.07%), Hodges Capital Management Inc. (0.53%), Principal Financial Group Inc. (0.45%), Easterly Investment Partners LLC (0.40%), Mitchell Capital Management Co. (0.32%) and Commonwealth Equity Services LLC (0.30%). Insiders that own company stock include Enrique Senior, Michael Cavalier and Wanda Marie Gierhart. View institutional ownership trends .

How do I buy shares of Cinemark?

Shares of CNK 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. Compare Top Brokerages Here .

NYSE:CNK

Cinemark (CNK) Stock Price, News & Analysis

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Free cnk Stock Alerts

$17.38

+0.37 (+2.18%)

(As of 05/7/2024 ET)

Compare

Today's Range: $16.68
▼
$17.41
50-Day Range: $17.02
▼
$19.78
52-Week Range: $13.19
▼
$20.40

Volume: 2.40 million shs
Average Volume: 3.08 million shs
Market Capitalization: $2.13 billion

P/E Ratio: 11.99
Dividend Yield: N/A
Price Target: $20.33

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Cinemark MarketRank™ Stock Analysis

Analyst Rating: Hold
2.44 Rating Score
Upside/Downside: 17.0% Upside
$20.33 Price Target
Short Interest: Bearish
27.32% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.20
Upright™ Environmental Score
News Sentiment: 0.73
Based on 33 Articles This Week
Insider Trading: Selling Shares
$328,183 Sold Last Quarter
Proj. Earnings Growth: 83.72%
From $0.86 to $1.58 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Consumer Discretionary Sector

41st out of 268 stocks

Motion Picture Theaters Industry

2nd out of 3 stocks

3.2

Analyst's Opinion

Consensus Rating
Cinemark has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Cinemark has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Cinemark's stock forecast and price target.

1.0

Short Interest

Percentage of Shares Shorted
27.32% of the float of Cinemark has been sold short.
Short Interest Ratio / Days to Cover
Cinemark has a short interest ratio ("days to cover") of 9.4.
Change versus previous month
Short interest in Cinemark has recently increased by 6.20%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Cinemark does not currently pay a dividend.
Dividend Growth
Cinemark does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cinemark is 99.31%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Cinemark will have a dividend payout ratio of 91.14% in the coming year. This indicates that Cinemark may not be able to sustain their current dividend.
Read more about Cinemark's dividend.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cinemark has received a 46.62% net impact score from Upright. Cinemark seems to create the most significant positive value in categories "Jobs", "Taxes", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is false driven by its "Movie theater services", "Soft drinks", and "Fast food" products. See details.
Environmental Sustainability
The Environmental Impact score for Cinemark is -1.20.

3.2

News and Social Media Coverage

News Sentiment
Cinemark has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 33 news articles for Cinemark this week, compared to 5 articles on an average week.
Search Interest
5 people have searched for CNK on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Cinemark to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cinemark insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $328,183.00 in company stock.
Percentage Held by Insiders
Only 2.30% of the stock of Cinemark is held by insiders.
Read more about Cinemark's insider trading history.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cinemark are expected to grow by 83.72% in the coming year, from $0.86 to $1.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cinemark is 11.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cinemark is 11.99, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.56.
Price to Earnings Growth Ratio
Cinemark has a PEG Ratio of 2.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cinemark has a P/B Ratio of 6.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Cinemark's valuation and earnings.

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About Cinemark Stock (NYSE:CNK)

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.