NASDAQ:CIDM

Cinedigm - CIDM Stock Forecast, Price & News

$0.48

+0.01 (+2.13%)

(As of 12/9/2022 12:00 AM ET)

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Today's Range: $0.46
▼
$0.48
50-Day Range: $0.41
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$0.61
52-Week Range: $0.39
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$1.40

Volume: 172,055 shs
Average Volume: 1.66 million shs
Market Capitalization: $85.24 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Cinedigm (NASDAQ:CIDM) Stock

Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States. The company operates through two segments, Cinema Equipment Business and 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 and applications, 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. Further, it provides monitoring, billing, collection, and verification support services to music and movie screens as well as directly to exhibitors and other third-party customers. 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.

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CIDM Stock News Headlines

December 9, 2022 | americanbankingnews.com

Cinedigm (NASDAQ:CIDM) Now Covered by StockNews.com

December 8, 2022 | finance.yahoo.com

Cinedigm Launches El Rey Network and Real Madrid TV on Amazon Freevee

December 10, 2022 | Legacy Research (Affiliate) (Ad)

Market Wizard Larry Benedict revealing his best-kept secret for just $29

Market Wizard Larry Benedict went 20 years on Wall Street without a single losing year… He delivered 23% returns in 2008 (while the market plummeted 37%)… And so far this year, he’s shown his readers how to make money nearly every week.

December 6, 2022 | finance.yahoo.com

Cinedigm to Present at Ladenburg Thalmann Virtual Technology Expo on December 7th

December 1, 2022 | americanbankingnews.com

Cinedigm (NASDAQ:CIDM) Coverage Initiated by Analysts at StockNews.com

November 22, 2022 | finance.yahoo.com

Cinedigm Launches RetroCrush Linear Channel on Samsung TV Plus

November 19, 2022 | finanznachrichten.de

Cinedigm Corp.: Cinedigm's 'Terrifier 2' Continues to Break Records as the Hit Horror Film Descends Onto SCREAMBOX and Digital

November 19, 2022 | finance.yahoo.com

Need To Know: Analysts Are Much More Bullish On Cinedigm Corp. (NASDAQ:CIDM)

December 10, 2022 | Legacy Research (Affiliate) (Ad)

Market Wizard Larry Benedict revealing his best-kept secret for just $29

November 17, 2022 | finance.yahoo.com

Cinedigm Second Quarter 2023 Earnings: Revenues Beat Expectations, EPS In Line

November 17, 2022 | finance.yahoo.com

Cinedigm (NASDAQ:CIDM shareholders incur further losses as stock declines 13% this week, taking one-year losses to 70%

November 15, 2022 | finance.yahoo.com

Cinedigm Reports Second Quarter Fiscal Year 2023 Financial Results

November 9, 2022 | finance.yahoo.com

Cinedigm Reaches New Distribution Agreement Resulting in the Launch of Flagship Streaming Service Cineverse via Samsung Smart TVs

November 8, 2022 | finance.yahoo.com

Cinedigm Acquires Three Annydi Productions Films Out of AFM

November 7, 2022 | finance.yahoo.com

Cinedigm to Report Second Quarter Fiscal 2023 Financial Results on Monday, November 14, 2022

November 7, 2022 | finance.yahoo.com

Cinedigm to Launch ROW8 Theatrical Transactional Titles on its Cineverse Service

October 26, 2022 | reuters.com

CIDM.P - Cinedigm Corp | Stock Price & Latest News | Reuters

October 25, 2022 | finance.yahoo.com

Cinedigm Streaming Service SCREAMBOX Relaunches with New User Experience, Technology and Live Channels

October 17, 2022 | forbes.com

Executive Produced By Meryl Streep, Sarah Jones’ Film ‘Sell/Buy/Date’ Seeks Answers About The Sex Industry - Forbes

October 8, 2022 | proactiveinvestors.com

Cinedigm expands partnership with SLING TV with addition of RetroCrush free ad-supported streaming television channel - Proactive Investors USA

October 6, 2022 | finance.yahoo.com

SLING TV and Cinedigm Expand Partnership with Addition of Top-Performing RetroCrush FAST Channel

September 28, 2022 | proactiveinvestors.com

NA Proactive news snapshot: Trust Stamp, Clean Air Metals, Fabled Copper, Tiziana Life Sciences, SPYR, United Lithium, Cinedigm, Falcon Gold UPDATE... - Proactive Investors USA

September 28, 2022 | msn.com

Cinedigm Takes North American Rights to Found Footage Horror ‘The Outwaters’ (EXCLUSIVE)

September 28, 2022 | proactiveinvestors.com

Cinedigm's Realmadrid TV brings iconic soccer club to business streaming platform Atmosphere

September 28, 2022 | finance.yahoo.com

Cinedigm Launches Realmadrid TV on Atmosphere

September 21, 2022 | finance.yahoo.com

Cinedigm to Hold Annual Stockholder Meeting on November 10, 2022

September 20, 2022 | proactiveinvestors.com

Cinedigm aims to become the Spotify of independent content with Cineverse launch - Proactive Investors USA

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CIDM Company Calendar

Last Earnings: 11/14/2022
Today: 12/09/2022
Next Earnings (Estimated): 2/13/2023
Fiscal Year End: 3/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Video tape rental
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:CIDM
CUSIP: N/A
CIK: 1173204
Web: www.cinedigm.com
Phone: (212) 206-8600
Fax: 212-598-4898
Employees: 68
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.21 million
Net Margins: -25.66%
Pretax Margin: -24.96%
Return on Equity: -39.72%
Return on Assets: -13.72%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.82
Quick Ratio: 0.82

Sales & Book Value

Annual Sales: $56.05 million
Price / Sales: 1.52
Cash Flow: $0.05 per share
Price / Cash Flow: 10.60
Book Value: $0.21 per share
Price / Book: 2.28

Miscellaneous

Outstanding Shares: 177,960,000
Free Float: 148,775,000
Market Cap: $85.24 million
Optionable: Not Optionable
Beta: 1.83

Social Links

Key Executives

Mr. Christopher J. McGurk (Age 65)
Chairman & CEO
Comp: $1.33M

Mr. Gary S. Loffredo (Age 57)
COO, Pres, Gen. Counsel & Sec.
Comp: $815.81k

Mr. Erick Opeka (Age 48)
Chief Strategy Officer & Pres of Cinedigm Networks
Comp: $660.33k

Mr. John K. Canning (Age 56)
Chief Financial Officer

Mr. George De La Cruz
Exec. VP of Accounting

Mr. Tony Huidor (Age 53)
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 (Age 56)
Chief Content Officer of Cinedigm Entertainment Group

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CIDM Stock - Frequently Asked Questions

How have CIDM shares performed in 2022?: Cinedigm's stock was trading at $1.16 on January 1st, 2022. Since then, CIDM stock has decreased by 58.7% and is now trading at $0.4790.
View the best growth stocks for 2022 here.
When is Cinedigm's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our CIDM earnings forecast.
How were Cinedigm's earnings last quarter?: Cinedigm Corp. (NASDAQ:CIDM) released its quarterly earnings results on Monday, November, 14th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter. The business services provider earned $14.01 million during the quarter. Cinedigm had a negative net margin of 25.66% and a negative trailing twelve-month return on equity of 39.72%.
When did Cinedigm's stock split?: Cinedigm shares 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 market closes on Monday, May 9th 2016. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What is Chris McGurk's approval rating as Cinedigm's CEO?: 21 employees have rated Cinedigm Chief Executive Officer Chris McGurk on Glassdoor.com. Chris McGurk has an approval rating of 58% among the company's employees. This puts Chris McGurk in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 41.0% of employees surveyed would recommend working at Cinedigm to a friend.
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. (3.92%), Renaissance Technologies LLC (0.15%), Virtu Financial LLC (0.08%), Jane Street Group LLC (0.05%) and Citadel Advisors LLC (0.04%). Insiders that own company stock include Bison Entertainment Investment and John K Canning.
View institutional ownership trends.
How do I buy shares of Cinedigm?: Shares of CIDM stock 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 $0.48.
How much money does Cinedigm make?: Cinedigm (NASDAQ:CIDM) has a market capitalization of $85.24 million and generates $56.05 million in revenue each year. The business services provider earns $2.21 million in net income (profit) each year or ($0.08) on an earnings per share basis.
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..
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How can I contact Cinedigm?: Cinedigm's mailing address is 237 WEST 35TH STREET SUITE 605, NEW YORK NY, 10001. The official website for the company is www.cinedigm.com. The business services provider can be reached via phone at (212) 206-8600, via email at jcalcaterra@cinedigm.com, or via fax at 212-598-4898.

This page (NASDAQ:CIDM) was last updated on 12/10/2022 by MarketBeat.com Staff

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