What is Wedbush's Estimate for Cinemark Q1 Earnings?

Cinemark Holdings, Inc. (NYSE:CNK - Free Report) - Analysts at Wedbush reduced their Q1 2025 earnings per share estimates for Cinemark in a report released on Thursday, May 1st. Wedbush analyst A. Reese now expects that the company will post earnings per share of ($0.20) for the quarter, down from their previous estimate of ($0.14). Wedbush has a "Neutral" rating and a $32.00 price objective on the stock. The consensus estimate for Cinemark's current full-year earnings is $1.93 per share.

Other equities analysts have also issued research reports about the stock. Morgan Stanley reduced their target price on shares of Cinemark from $40.00 to $35.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. JPMorgan Chase & Co. boosted their target price on Cinemark from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday. Wells Fargo & Company lowered their price target on Cinemark from $38.00 to $36.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 29th. Macquarie reissued an "outperform" rating and set a $35.00 target price on shares of Cinemark in a report on Thursday, February 20th. Finally, Benchmark lowered their target price 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 investment analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Cinemark has an average rating of "Moderate Buy" and an average price target of $32.80.

Cinemark Stock Performance

Shares of Cinemark stock traded down $0.06 during trading hours on Monday, hitting $30.95. 376,379 shares of the company were exchanged, compared to its average volume of 3,004,093. The company has a current ratio of 1.01, a quick ratio of 0.96 and a debt-to-equity ratio of 3.28. The business has a 50-day moving average of $26.82 and a 200-day moving average of $29.38. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 15.25 and a beta of 1.91. Cinemark has a 1 year low of $16.32 and a 1 year high of $36.28.

Cinemark (NYSE:CNK - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.32). Cinemark had a net margin of 10.16% and a return on equity of 65.83%. The business had revenue of $540.70 million during the quarter, compared to analyst estimates of $604.62 million. During the same quarter in the prior year, the firm earned $0.19 earnings per share. The company's revenue for the quarter was down 6.6% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Elequin Capital LP grew its stake in shares of Cinemark by 211.6% in the 4th quarter. Elequin Capital LP now owns 997 shares of the company's stock worth $31,000 after purchasing an additional 677 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Cinemark by 402.4% during the fourth quarter. Russell Investments Group Ltd. now owns 1,030 shares of the company's stock valued at $32,000 after purchasing an additional 825 shares in the last quarter. Aster Capital Management DIFC Ltd grew its holdings in Cinemark by 380.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,896 shares of the company's stock worth $59,000 after acquiring an additional 1,501 shares during the last quarter. R Squared Ltd acquired a new position in shares of Cinemark in the 4th quarter valued at $63,000. Finally, Quarry LP raised its holdings in shares of Cinemark by 41.8% during the fourth quarter. Quarry LP now owns 2,114 shares of the company's stock worth $65,000 after acquiring an additional 623 shares during the period.

Insiders Place Their Bets

In other news, insider Wanda Marie Gierhart sold 9,119 shares of the business's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $27.00, for a total value of $246,213.00. Following the completion of the transaction, the insider now directly owns 147,414 shares of the company's stock, valued at $3,980,178. The trade was a 5.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

Cinemark Dividend Announcement

The firm also recently announced 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 was Wednesday, March 5th. Cinemark's dividend payout ratio (DPR) is presently 21.05%.

Cinemark Company Profile

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.