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DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NASDAQ:CIDM

Cinedigm Stock Forecast, Price & News

$1.09
+0.07 (+6.86 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$0.91
Now: $1.09
$1.11
50-Day Range
$0.83
MA: $1.53
$2.14
52-Week Range
$0.25
Now: $1.09
$6.00
Volume13.63 million shs
Average Volume20.74 million shs
Market Capitalization$180.89 million
P/E RatioN/A
Dividend YieldN/A
Beta1.79
Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. It manages a library of distribution rights to various titles and episodes released across digital, physical, and home and mobile entertainment platforms, as well as services digital cinema assets on approximately 12,000 domestic and foreign movie screens. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Shout! Factory, NFL, NHL and Scholastic, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including Apple, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, Sony, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 60,000 brick and mortar storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top (OTT) entertainment channels, including Docurama, CONtv, and Dove Channel; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels. Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is headquartered in New York, New York.
Cinedigm logo

Headlines

March Movie Mania Takes Over The Film Detective
February 26, 2021 |  finance.yahoo.com
Cinedigm Shares Sink 10% On Larger-Than-Feared 3Q Loss
February 23, 2021 |  finance.yahoo.com
Cinedigm Corp.: Cinedigm Announces Key Streaming Executive Hires
February 19, 2021 |  finanznachrichten.de
Cinedigm Announces Key Streaming Executive Hires
February 18, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Video tape rental
Sub-IndustryN/A
Current SymbolNASDAQ:CIDM
CUSIPN/A
Phone212-206-8600
Employees70
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$39.29 million
Book Value($0.37) per share

Profitability

Net Income$-14,730,000.00
Net Margins-163.36%

Miscellaneous

Market Cap$180.89 million
Next Earnings Date7/5/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.35 out of 5 stars

Business Services Sector

141st out of 442 stocks

Video Tape Rental Industry

2nd out of 5 stocks

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
$1.09
+0.07 (+6.86 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cinedigm (NASDAQ:CIDM) Frequently Asked Questions

Is Cinedigm a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinedigm in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cinedigm stock.
View analyst ratings for Cinedigm
or view top-rated stocks.

What stocks does MarketBeat like better than Cinedigm?

Wall Street analysts have given Cinedigm a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cinedigm wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Cinedigm?

Cinedigm saw a increase in short interest in February. As of February 12th, there was short interest totaling 4,940,000 shares, an increase of 47.9% from the January 28th total of 3,340,000 shares. Based on an average daily trading volume, of 20,100,000 shares, the short-interest ratio is currently 0.2 days. Currently, 4.1% of the company's stock are short sold.
View Cinedigm's Short Interest
.

When is Cinedigm's next earnings date?

Cinedigm is scheduled to release its next quarterly earnings announcement on Monday, July 5th 2021.
View our earnings forecast for Cinedigm
.

How were Cinedigm's earnings last quarter?

Cinedigm Corp. (NASDAQ:CIDM) posted its quarterly earnings results on Sunday, February, 21st. The business services provider reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by $0.04.
View Cinedigm's earnings history
.

How has Cinedigm's stock been impacted by COVID-19?

Cinedigm's stock was trading at $0.3848 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CIDM stock has increased by 183.3% and is now trading at $1.09.
View which stocks have been most impacted by COVID-19
.

When did Cinedigm's stock split? How did Cinedigm's stock split work?

Shares of Cinedigm reverse split before market open on Tuesday, May 10th 2016. The 1-10 reverse split was announced on Monday, May 9th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Monday, May 9th 2016. An investor that had 100 shares of Cinedigm stock prior to the reverse split would have 10 shares after the split.

What price target have analysts set for CIDM?

2 equities research analysts have issued 1 year price targets for Cinedigm's stock. Their forecasts range from $3.00 to $3.50. On average, they expect Cinedigm's share price to reach $3.25 in the next twelve months. This suggests a possible upside of 198.2% from the stock's current price.
View analysts' price targets for Cinedigm
or view top-rated stocks among Wall Street analysts.

Who are Cinedigm's key executives?

Cinedigm's management team includes the following people:
  • Mr. Christopher J. McGurk, Chairman & CEO (Age 64, Pay $631.72k)
  • Mr. Gary S. Loffredo, COO, Pres, Gen. Counsel & Sec. (Age 56, Pay $469.54k)
  • Mr. Erick Opeka, Chief Strategy Officer & Pres of Cinedigm Networks (Age 46, Pay $340.61k)
  • Ms. Jill Newhouse Calcaterra, Exec. VP of Corp. Marketing & Communications
  • Mr. Mark Torres, VP of HR
  • Ms. Yolanda Macias, Chief Content Officer of Cinedigm Entertainment Group
  • Mr. Daniel Coyle, Sr. VP of Sales
  • Ms. Melody Fowler, VP of Acquisitions
  • Mr. Tony Huidor, SVP of Products & Technology and Gen. Mang. of Digital Networks
  • Mr. Chris Panagiotakos, VP & Corp. Controller

What is Chris McGurk's approval rating as Cinedigm's CEO?

19 employees have rated Cinedigm CEO Chris McGurk on Glassdoor.com. Chris McGurk has an approval rating of 58% among Cinedigm's employees. This puts Chris McGurk in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Cinedigm's key competitors?

What other stocks do shareholders of Cinedigm own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cinedigm investors own include Genius Brands International (GNUS), Acasti Pharma (ACST), Workhorse Group (WKHS), NIO (NIO), Novavax (NVAX), Abraxas Petroleum (AXAS), Evofem Biosciences (EVFM), Remark (MARK), Sorrento Therapeutics (SRNE) and Tesla (TSLA).

What is Cinedigm's stock symbol?

Cinedigm trades on the NASDAQ under the ticker symbol "CIDM."

Who are Cinedigm's major shareholders?

Cinedigm's stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.86%) and Squarepoint Ops LLC (0.42%). Company insiders that own Cinedigm stock include Bison Entertainment Investment and Peixin Xu.
View institutional ownership trends for Cinedigm
.

Which major investors are buying Cinedigm stock?

CIDM stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, and Squarepoint Ops LLC.
View insider buying and selling activity for Cinedigm
or or view top insider-buying stocks.

How do I buy shares of Cinedigm?

Shares of CIDM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cinedigm's stock price today?

One share of CIDM stock can currently be purchased for approximately $1.09.

How much money does Cinedigm make?

Cinedigm has a market capitalization of $180.89 million and generates $39.29 million in revenue each year.

How many employees does Cinedigm have?

Cinedigm employs 70 workers across the globe.

What is Cinedigm's official website?

The official website for Cinedigm is www.cinedigm.com.

Where are Cinedigm's headquarters?

Cinedigm is headquartered at 237 WEST 35TH STREET SUITE 605, NEW YORK NY, 10001.

How can I contact Cinedigm?

Cinedigm's mailing address is 237 WEST 35TH STREET SUITE 605, NEW YORK NY, 10001. The business services provider can be reached via phone at 212-206-8600 or via email at [email protected]


This page was last updated on 3/6/2021 by MarketBeat.com Staff

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