S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
NASDAQ:CIDM

Cinedigm (CIDM) Stock Forecast, Price & News

$0.66
+0.01 (+1.54%)
(As of 05/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$0.65
$0.68
50-Day Range
$0.57
$0.86
52-Week Range
$0.54
$2.95
Volume
624,731 shs
Average Volume
2.70 million shs
Market Capitalization
$115.41 million
P/E Ratio
22.01
Dividend Yield
N/A
Beta
1.64
30 days | 90 days | 365 days | Advanced Chart
Receive CIDM News and Ratings via Email

Sign-up to receive the latest news and ratings for Cinedigm and its competitors with MarketBeat's FREE daily newsletter.

Cinedigm logo

About Cinedigm

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 Media Content and Entertainment Business. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Konami, NFL, and NHL, 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, Tubi, PlutoTV, Vudu, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 48,000 retail 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, Dove Channel, Viewster Anime, Fandor, and Screambox; 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 incorporated in 2000 and is headquartered in New York, New York.

Headlines

7 Metaverse Penny Stocks to Add to Your 10X Watchlist
See More Headlines

Industry, Sector and Symbol

Industry
Video tape rental
Sub-Industry
N/A
Current Symbol
NASDAQ:CIDM
Employees
68
Year Founded
N/A

Sales & Book Value

Annual Sales
$31.42 million
Book Value
$0.07 per share

Profitability

Net Income
$-62.82 million
Pretax Margin
-6.15%

Debt

Price-To-Earnings

Miscellaneous

Free Float
147,241,000
Market Cap
$115.41 million
Optionable
Not Optionable

Company Calendar

Last Earnings
9/09/2021
Today
5/16/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
3/31/2023

Social Links


MarketRank

Overall MarketRank

1.72 out of 5 stars

Business Services Sector

264th out of 461 stocks

Video Tape Rental Industry

2nd out of 3 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -













Cinedigm (NASDAQ:CIDM) Frequently Asked Questions

Is Cinedigm a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cinedigm in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Cinedigm stock.
View analyst ratings for Cinedigm
or view top-rated stocks.

Are investors shorting Cinedigm?

Cinedigm saw a decrease in short interest in April. As of April 30th, there was short interest totaling 5,360,000 shares, a decrease of 14.6% from the April 15th total of 6,280,000 shares. Based on an average daily volume of 2,790,000 shares, the short-interest ratio is presently 1.9 days. Currently, 3.5% of the company's shares 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 Thursday, August 4th 2022.
View our earnings forecast for Cinedigm
.

How were Cinedigm's earnings last quarter?

Cinedigm Corp. (NASDAQ:CIDM) released its earnings results on Thursday, September, 9th. The business services provider reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.06. The business services provider earned $15.02 million during the quarter. Cinedigm had a negative net margin of 4.55% and a negative trailing twelve-month return on equity of 3.16%.
View Cinedigm's earnings history
.

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

Cinedigm's stock reverse split 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 market closes 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?

1 brokers have issued 12 month target prices for Cinedigm's shares. Their forecasts range from $3.25 to $3.25. On average, they anticipate Cinedigm's stock price to reach $3.25 in the next twelve months. This suggests a possible upside of 392.4% 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 65, Pay $1.23M)
  • Mr. Gary S. Loffredo, COO, Pres, Gen. Counsel & Sec. (Age 57, Pay $738.37k)
  • Mr. Erick Opeka, Chief Strategy Officer & Pres of Cinedigm Networks (Age 48, Pay $491.05k)
  • Mr. John K. Canning, Chief Financial Officer
  • Mr. George De La Cruz, Exec. VP of Accounting
  • Mr. Tony Huidor, Chief Technology & Product Officer
  • Mr. Mark Torres, Sr. VP of HR & Admin.
  • Ms. Kim Staruk, Sr. VP of Marketing
  • Jason Shin, VP of M&A and Corp. Devel.
  • Ms. Yolanda Macias, Chief Content Officer of Cinedigm Entertainment Group (Age 57)
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.

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 shareholders include Vanguard Group Inc. (3.81%), Renaissance Technologies LLC (1.78%), State Street Corp (0.28%), Dimensional Fund Advisors LP (0.15%), Goldman Sachs Group Inc. (0.13%) and Atria Wealth Solutions Inc. (0.08%).
View institutional ownership trends for Cinedigm
.

Which institutional investors are selling Cinedigm stock?

CIDM stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Prelude Capital Management LLC, and Goldman Sachs Group Inc..
View insider buying and selling activity for Cinedigm
or view top insider-selling stocks.

Which institutional investors are buying Cinedigm stock?

CIDM stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Atria Wealth Solutions Inc., XTX Topco Ltd, and State Street Corp.
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 $0.66.

How much money does Cinedigm make?

Cinedigm has a market capitalization of $115.41 million and generates $31.42 million in revenue each year. The business services provider earns $-62.82 million in net income (profit) each year or $0.029990 on an earnings per share basis.

How many employees does Cinedigm have?

Cinedigm employs 68 workers across the globe.

Does Cinedigm have any subsidiaries?

The following companies are subsidiares of Cinedigm: ADM Cinema Corporation d/b/a the Pavilion Theatre, Access Digital Cinema Phase 2 B/AIX Corp., Access Digital Cinema Phase 2 Corp., Access Digital Media Inc., C&F Merger Sub Inc., CDF2 Holdings LLC, Christie/AIX Inc., Cinedigm DC Holdings LLC, Cinedigm Digital Cinema Australia Pty Ltd, Cinedigm Digital Funding 1 LLC, Cinedigm Digital Funding 2 LLC, Cinedigm Entertainment Corp., Cinedigm Entertainment Holdings LLC, Cinedigm Home Entertainment LLC, Cinedigm India Private Limited, Cinedigm OTT Holdings LLC, Cinedigm Productions LLC, Comic Blitz II LLC, Con TV LLC, Docurama LLC, Dove Family Channel LLC, Fandor, Fandor Acquisition LLC, FoundationTV, FoundationTV Inc., Matchpoint Digital LLC, Scream BOX, Screambox Acquisition LLC, TFD Acquisition LLC, Viewster LLC, Vistachiara Entertainment Inc., and Vistachiara Productions Inc..

What is Cinedigm's official website?

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

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, via email at [email protected], or via fax at 212-598-4898.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.