FY2025 Earnings Estimate for Cinemark Issued By Wedbush

Cinemark Holdings, Inc. (NYSE:CNK - Free Report) - Equities researchers at Wedbush decreased their FY2025 EPS estimates for shares of Cinemark in a research report issued to clients and investors on Monday, May 5th. Wedbush analyst A. Reese now anticipates that the company will post earnings of $1.35 per share for the year, down from their previous estimate of $1.44. Wedbush currently has a "Neutral" rating and a $32.00 target price 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.

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

Other analysts also recently issued reports about the company. Macquarie reaffirmed an "outperform" rating and issued a $35.00 target price on shares of Cinemark in a research note on Thursday, February 20th. JPMorgan Chase & Co. upped their price objective on Cinemark from $34.00 to $35.00 and gave the company an "overweight" rating in a report on Monday, May 5th. Wells Fargo & Company dropped their price target on shares of Cinemark from $38.00 to $36.00 and set an "overweight" rating for the company in a research report on Wednesday, January 29th. 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. Finally, Morgan Stanley cut their target price on shares of Cinemark from $40.00 to $35.00 and set an "overweight" rating on the stock in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $32.80.

Cinemark Price Performance

Shares of Cinemark stock traded up $0.24 during mid-day trading on Tuesday, reaching $31.25. 2,176,305 shares of the stock traded hands, compared to its average volume of 3,023,516. The company has a quick ratio of 0.96, a current ratio of 1.01 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. The stock has a market capitalization of $3.59 billion, a PE ratio of 15.39 and a beta of 1.91. The business has a 50-day moving average of $26.96 and a 200 day moving average of $29.40.

Cinemark Announces Dividend

The firm also recently announced a -- dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were issued 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 21.05%.

Insider Transactions at Cinemark

In other news, insider Wanda Marie Gierhart sold 9,119 shares of the business's 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 directly owns 147,414 shares of the company's stock, valued at $3,980,178. The trade was a 5.83 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.10% of the company's stock.

Institutional Trading of Cinemark

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership increased its stake in shares of Cinemark by 100.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,104,552 shares of the company's stock worth $127,159,000 after buying an additional 2,054,579 shares during the last quarter. Candlestick Capital Management LP increased its holdings in shares of Cinemark by 48.1% during the fourth quarter. Candlestick Capital Management LP now owns 4,931,618 shares of the company's stock valued at $152,782,000 after purchasing an additional 1,601,537 shares during the period. Simcoe Capital Management LLC bought a new position in shares of Cinemark in the fourth quarter valued at approximately $37,763,000. Man Group plc acquired a new position in Cinemark during the fourth quarter worth about $28,040,000. Finally, Assenagon Asset Management S.A. lifted its stake in Cinemark by 215.4% during the first quarter. Assenagon Asset Management S.A. now owns 1,251,219 shares of the company's stock valued at $31,143,000 after purchasing an additional 854,540 shares during the last quarter.

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.