Cinemark (CNK) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CNK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNK, but not buy additional shares or sell existing shares.
View CNK analyst ratings or view top-rated stocks.

10 analysts have issued 12 month price objectives for Cinemark's stock. Their CNK share price forecasts range from $12.50 to $24.00. On average, they predict the company's share price to reach $18.94 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts price targets for CNK or view top-rated stocks among Wall Street analysts.

Cinemark's stock was trading at $8.66 at the start of the year. Since then, CNK shares have increased by 111.9% and is now trading at $18.35.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our CNK earnings forecast.

Cinemark Holdings, Inc. (NYSE:CNK) posted its quarterly earnings data on Friday, August, 4th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.26. The firm earned $942.30 million during the quarter, compared to analysts' expectations of $870.21 million. Cinemark had a negative net margin of 0.28% and a negative trailing twelve-month return on equity of 4.43%. Cinemark's revenue was up 26.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.17 EPS.

ETFs with the largest weight of Cinemark (NYSE:CNK) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco Leisure and Entertainment ETF (PEJ), AdvisorShares Gerber Kawasaki ETF (GK), Burney U.S. Factor Rotation ETF (BRNY), First Trust Small Cap Growth AlphaDEX Fund (FYC) and First Trust Small Cap Core AlphaDEX Fund (FYX).SPDR S&P 600 Small Cap ETF (SLY).

Cinemark (NYSE:CNK) pays an annual dividend of $1.44 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for CNK.

295 employees have rated Cinemark Chief Executive Officer Mark Zoradi on Glassdoor.com. Mark Zoradi has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cinemark investors own include Pfizer (PFE), Carnival Co. & (CCL), AT&T (T), Wells Fargo & Company (WFC), AMC Entertainment (AMC), Southwest Airlines (LUV), Tesla (TSLA), Exxon Mobil (XOM), Delta Air Lines (DAL) and Intel (INTC).

Cinemark trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNK."

Shares of CNK 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.
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One share of CNK stock can currently be purchased for approximately $18.35.

Cinemark (NYSE:CNK) has a market capitalization of $2.23 billion and generates $2.80 billion in revenue each year. The company earns $-271,200,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis.

The company employs 26,100 workers across the globe.

Cinemark's mailing address is 3900 DALLAS PARKWAY, PLANO TX, 75093. The official website for the company is www.cinemark.com. The company can be reached via phone at (972) 665-1000, via email at investors@cinemark.com, or via fax at 972-665-1008.