What is Wedbush's Estimate for Cinemark FY2025 Earnings?

Cinemark Holdings, Inc. (NYSE:CNK - Free Report) - Equities research analysts at Wedbush reduced their FY2025 earnings per share (EPS) estimates for shares of Cinemark in a report issued on Monday, May 5th. Wedbush analyst A. Reese now anticipates that the company will earn $1.35 per share for the year, down from their previous forecast of $1.44. Wedbush currently has a "Neutral" rating and a $32.00 price target on the stock. The consensus estimate for Cinemark's current full-year earnings is $1.93 per share. Wedbush also issued estimates for Cinemark's Q4 2025 earnings at $0.36 EPS, Q4 2026 earnings at $0.35 EPS and FY2027 earnings at $2.12 EPS.

Several other equities research analysts also recently weighed in on the company. Morgan Stanley cut their price objective on Cinemark from $40.00 to $35.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. Macquarie restated an "outperform" rating and set a $35.00 price target on shares of Cinemark in a report on Thursday, February 20th. Barrington Research reaffirmed an "outperform" rating and issued a $36.00 price objective on shares of Cinemark in a research note on Monday, May 5th. Wells Fargo & Company cut their target price on shares of Cinemark from $38.00 to $36.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 29th. Finally, Benchmark decreased their price target on shares of Cinemark from $40.00 to $35.00 and set a "buy" rating for the company in a research 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 given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $32.80.

Cinemark Price Performance

Cinemark stock traded up $0.24 during mid-day trading on Tuesday, reaching $31.25. The company had a trading volume of 2,176,305 shares, compared to its average volume of 3,017,231. The business has a fifty day simple moving average of $26.96 and a 200 day simple moving average of $29.40. The company has a market cap of $3.68 billion, a P/E ratio of 15.39 and a beta of 1.91. The company has a current ratio of 1.01, a quick ratio of 0.96 and a debt-to-equity ratio of 3.28. Cinemark has a fifty-two week low of $16.32 and a fifty-two week high of $36.28.

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

Cinemark Dividend Announcement

The company also recently announced a -- dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued a $0.08 dividend. The ex-dividend date was Wednesday, March 5th. Cinemark's payout ratio is 21.05%.

Insider Buying and Selling at Cinemark

In other Cinemark news, insider Wanda Marie Gierhart sold 9,119 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $27.00, for a total transaction of $246,213.00. Following the transaction, the insider now directly owns 147,414 shares in the company, valued at approximately $3,980,178. This represents a 5.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.10% of the company's stock.

Hedge Funds Weigh In On Cinemark

A number of institutional investors and hedge funds have recently made changes to their positions in CNK. Dynamic Technology Lab Private Ltd grew its stake in Cinemark by 26.9% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 152,400 shares of the company's stock valued at $4,722,000 after acquiring an additional 32,310 shares during the period. KBC Group NV lifted its holdings in shares of Cinemark by 470.1% in the 4th quarter. KBC Group NV now owns 16,920 shares of the company's stock worth $524,000 after purchasing an additional 13,952 shares in the last quarter. Franklin Resources Inc. grew its position in Cinemark by 25.0% in the 4th quarter. Franklin Resources Inc. now owns 70,964 shares of the company's stock valued at $2,198,000 after purchasing an additional 14,207 shares during the period. Principal Financial Group Inc. increased its stake in Cinemark by 18.8% during the 3rd quarter. Principal Financial Group Inc. now owns 629,782 shares of the company's stock valued at $17,533,000 after purchasing an additional 99,843 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Cinemark by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 12,505,099 shares of the company's stock worth $387,408,000 after buying an additional 109,179 shares during 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.